Glasgow, Lanarkshire
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Glasgow when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Glasgow when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Glasgow when compared to any previous Q4.
- December 2011 saw a new record in company registrations in Glasgow when compared to any previous December.
- November 2011 saw a new record in company registrations in Glasgow when compared to any previous November.
- October 2011 saw a new record in company registrations in Glasgow when compared to any previous October.
- December 2011 saw a new record in company closures in Glasgow when compared to any previous December.
- November 2011 saw a new record in company closures in Glasgow when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Glasgow when compared to any year in history.
A total of 6,285 companies were formed in Glasgow in 2011. This total is 11.0% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Glasgow UK 2011 6,285 452,870 2010 5,661 400,358 2009 5,187 362,675 2008 4,650 349,203 2007 5,619 457,649 Record Year 2011 (6,285) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Glasgow when compared to any previous second half year.
In the second half of 2011 a total of 3,081 companies were formed in Glasgow. This figure is 14.9% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Glasgow occurred in 2011 when a total of 3,081 were formed.
Half Year (Jul-Dec) Glasgow UK 2011 3,081 224,135 2010 2,681 196,609 % change 14.9% 14.0% Record Year 2011 (3,081) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Glasgow when compared to any previous Q4.
A total of 1,492 companies were registered in Glasgow during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 14.3% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Glasgow UK 2011 1,492 109,623 2010 1,305 95,117 % change 14.3% 15.3% Record Year 2011 (1,492) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Glasgow when compared to any previous December.
November 2011 saw a new record in company registrations in Glasgow when compared to any previous November.
October 2011 saw a new record in company registrations in Glasgow when compared to any previous October.
New Companies by Month
October November December New companies in 2011 483 602 407 New companies in 2010 470 500 335 % change 2.8% 20.4% 21.5% Record Year 2011 (483) 2011 (602) 2011 (407)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 4,598 companies were dissolved in Glasgow in 2011. This total is 20.5% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Glasgow UK 2011 4,598 314,523 2010 5,783 342,232 2009 5,379 533,773 2008 3,099 237,901 2007 3,184 220,295 Record Year 2010 (5,783) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 2,717 companies were dissolved in Glasgow. This figure is 6.3% lower than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Glasgow occurred in 2010 when a total of 2,900 were closed.
Half Year (Jul-Dec) Glasgow UK 2011 2,717 152,213 2010 2,900 164,601 % change -6.3% -7.5% Record Year 2010 (2,900) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 1,461 companies were dissolved in Glasgow during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 6.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Glasgow UK 2011 1,461 79,983 2010 1,555 76,896 % change -6.0% 4.0% Record Year 2010 (1,555) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Glasgow when compared to any previous December.
November 2011 saw a new record in company closures in Glasgow when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 383 466 612 Closed companies in 2010 719 366 470 % change -46.7% 27.3% 30% Record Year 2008 (876) 2011 (466) 2011 (612)
Net Company Growth
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Annual Data (2011)
A total of 1,687 companies were added to the company register for Glasgow in 2011. This number represents growth of 29.8% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 1,809 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Glasgow company register grew by 2,910 companies.
Year Glasgow UK 2011 1,687 138,347 2010 -122 58,126 2009 -192 -171,098 2008 1,551 111,302 2007 2,435 237,354 Record Year 2003 (2,910) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Glasgow increased by 364 companies.
Half Year (Jul-Dec) Glasgow UK 2011 364 71,922 2010 -219 32,008 Record Year 2003 (1,305) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Glasgow during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 31 companies.
fourth quarter (Oct 2011 - Dec 2011) Glasgow UK 2011 31 29,640 2010 -250 18,221 Record Year 2002 (606) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 100 136 -205 Net growth in 2010 -249 134 -135 Record Year 2003 (234) 2006 (233) 1996 (286)
UK Company Share
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Annual Data (2011)
In 2011 Glasgow formed 1.4% of all UK companies. This is no change on 2010 when Glasgow was responsible for 1.4% of all UK companies.
Year Glasgow 2011 1.4% 2010 1.4% 2009 1.4% 2008 1.3% 2007 1.2% Record Year (since 1960) 1991 (1.9%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Glasgow formed 1.4% of all UK companies. This is the same as the 2010 figure of 1.4%.
Half Year (Jul-Dec) Glasgow 2011 1.4% 2010 1.4% 2009 1.4% 2008 1.3% 2007 1.3% Record Year (since 1960) 1975 (2.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Glasgow formed 1.4% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Glasgow 2011 1.4% 2010 1.4% 2009 1.5% 2008 1.3% 2007 1.4% Record Year (since 1960) 1980 (2.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 1.2% 1.5% 1.3% UK formation share in 2010 1.4% 1.5% 1.2% % change -10.7% 2.6% 7.7% Record Year 1985 (5.7%) 1969 (2.1%) 1996 (2.7%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 42.8.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 42.6.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 42.7.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Glasgow was 1857 when 36.4% of all directors were female.
The percentage of female directors in Glasgow in 2011 was 27.5%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Glasgow was 1860 when 42.9% of all directors were female.
24.0% of all director appointments in Glasgow in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Glasgow was in 1977 when 31.1% of all directors were female.
23.5% of all director appointments in Glasgow in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 2.77% CONSULTING 5.07% SCOTLAND 1.74% MANAGEMENT 4.74% GLASGOW 1.67% CONSULTANCY 3.26% CONSULTING 1.48% PROPERTY 2.37% MANAGEMENT 1.47% TRADING 2.07% CONSULTANCY 1.38% DESIGN 1.92% PROPERTY 1.21% ASSOCIATES 1.86% TRADING 0.90% ENGINEERING 1.78% (GLASGOW) 0.86% BUSINESS 1.78% PROPERTIES 0.81% CONSULTANTS 1.76% ENGINEERING 0.81% CONSTRUCTION 1.73% ENERGY 0.81% MEDIA 1.71% DESIGN 0.77% LONDON 1.63% BUSINESS 0.74% J 1.51% INVESTMENTS 0.73% INVESTMENTS 1.48% CONSULTANTS 0.67% GLOBAL 1.46% CONSTRUCTION 0.65% IT 1.41% ENTERPRISES 0.65% CARE 1.39% SOLAR 0.62% PROPERTIES 1.29% CONTRACTS 0.62% ELECTRICAL 1.29% J 0.60% M 1.27% M 0.60% BUILDING 1.26% CENTRE 0.58% ENERGY 1.25% MEDIA 0.57% S 1.20% LP 0.51% ENTERPRISES 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 3,212 205,525 7487 - Other business activities 773 57,052 82990 - Other business support service activities not elsewhere classified 446 32,483 99999 - Dormant Company 235 21,846 9999 - Dormant Company 223 20,199 70229 - Management consultancy activities other than financial management 195 17,765 62020 - Information technology consultancy activities 148 12,072 56103 - Take-away food shops and mobile food stands 145 2,264 5530 - Restaurants 144 5,013 74909 - Other professional, scientific and technical activities not elsewhere classified 133 8,671 7414 - Business & management consultancy 132 13,034 96090 - Other service activities not elsewhere classified 123 11,768 5552 - Catering 116 2,110 7260 - Other computer related activities 110 7,667 9305 - Other service activities 106 9,492 68209 - Other letting and operating of own or leased real estate 92 4,082 5540 - Bars 89 2,147 56101 - Licensed restaurants 88 2,159 62090 - Other information technology service activities 88 7,493 74990 - Non-trading company 84 8,929
Recent Companies
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Randomly selected companies from this quarter
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