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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

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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.

    YearGlasgowUK
    20116,285452,870
    20105,661400,358
    20095,187362,675
    20084,650349,203
    20075,619457,649
    Record Year2011 (6,285)2007 (457,649)
    New Companies by Year
  2. 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)GlasgowUK
    20113,081224,135
    20102,681196,609
    % change14.9%14.0%
    Record Year2011 (3,081)2011 (224,135)
    New Companies by Half Year
  3. 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)GlasgowUK
    20111,492109,623
    20101,30595,117
    % change14.3%15.3%
    Record Year 2011 (1,492) 2011 (109,623)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2011483602407
    New companies in 2010470500335
    % change2.8%20.4%21.5%
    Record Year2011 (483)2011 (602)2011 (407)

Closed Companies (dissolved)

  1. 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.

    YearGlasgowUK
    20114,598314,523
    20105,783342,232
    20095,379533,773
    20083,099237,901
    20073,184220,295
    Record Year2010 (5,783)2009 (533,773)
    Dissolved Companies by Year
  2. 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)GlasgowUK
    20112,717152,213
    20102,900164,601
    % change-6.3%-7.5%
    Record Year2010 (2,900)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)GlasgowUK
    20111,46179,983
    20101,55576,896
    % change-6.0%4.0%
    Record Year 2010 (1,555) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2011383466612
    Closed companies in 2010719366470
    % change-46.7%27.3%30%
    Record Year2008 (876)2011 (466)2011 (612)

Net Company Growth

  1. 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.

    YearGlasgowUK
    20111,687138,347
    2010-12258,126
    2009-192-171,098
    20081,551111,302
    20072,435237,354
    Record Year2003 (2,910)2003 (242,543)
    Net Growth by Year
  2. 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)GlasgowUK
    201136471,922
    2010-21932,008
    Record Year2003 (1,305)2003 (117,772)
    Net Growth by Half Year
  3. 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)GlasgowUK
    20113129,640
    2010-25018,221
    Record Year 2002 (606) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011100136-205
    Net growth in 2010-249134-135
    Record Year2003 (234)2006 (233)1996 (286)

UK Company Share

  1. 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.

    YearGlasgow
    20111.4%
    20101.4%
    20091.4%
    20081.3%
    20071.2%
    Record Year (since 1960)1991 (1.9%)
    Company Share by Year
  2. 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
    20111.4%
    20101.4%
    20091.4%
    20081.3%
    20071.3%
    Record Year (since 1960) 1975 (2.1%)
    Company Share by Half Year
  3. 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
    20111.4%
    20101.4%
    20091.5%
    20081.3%
    20071.4%
    Record Year (since 1960) 1980 (2.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20111.2%1.5%1.3%
    UK formation share in 20101.4%1.5%1.2%
    % change-10.7%2.6%7.7%
    Record Year1985 (5.7%)1969 (2.1%)1996 (2.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2010-Dec 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    (SCOTLAND)2.77%CONSULTING5.07%
    SCOTLAND1.74%MANAGEMENT4.74%
    GLASGOW1.67%CONSULTANCY3.26%
    CONSULTING1.48%PROPERTY2.37%
    MANAGEMENT1.47%TRADING2.07%
    CONSULTANCY1.38%DESIGN1.92%
    PROPERTY1.21%ASSOCIATES1.86%
    TRADING0.90%ENGINEERING1.78%
    (GLASGOW)0.86%BUSINESS1.78%
    PROPERTIES0.81%CONSULTANTS1.76%
    ENGINEERING0.81%CONSTRUCTION1.73%
    ENERGY0.81%MEDIA1.71%
    DESIGN0.77%LONDON1.63%
    BUSINESS0.74%J1.51%
    INVESTMENTS0.73%INVESTMENTS1.48%
    CONSULTANTS0.67%GLOBAL1.46%
    CONSTRUCTION0.65%IT1.41%
    ENTERPRISES0.65%CARE1.39%
    SOLAR0.62%PROPERTIES1.29%
    CONTRACTS0.62%ELECTRICAL1.29%
    J0.60%M1.27%
    M0.60%BUILDING1.26%
    CENTRE0.58%ENERGY1.25%
    MEDIA0.57%S1.20%
    LP0.51%ENTERPRISES1.20%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied3,212205,525
    7487 - Other business activities77357,052
    82990 - Other business support service activities not elsewhere classified44632,483
    99999 - Dormant Company23521,846
    9999 - Dormant Company22320,199
    70229 - Management consultancy activities other than financial management19517,765
    62020 - Information technology consultancy activities14812,072
    56103 - Take-away food shops and mobile food stands1452,264
    5530 - Restaurants1445,013
    74909 - Other professional, scientific and technical activities not elsewhere classified1338,671
    7414 - Business & management consultancy13213,034
    96090 - Other service activities not elsewhere classified12311,768
    5552 - Catering1162,110
    7260 - Other computer related activities1107,667
    9305 - Other service activities1069,492
    68209 - Other letting and operating of own or leased real estate924,082
    5540 - Bars892,147
    56101 - Licensed restaurants882,159
    62090 - Other information technology service activities887,493
    74990 - Non-trading company848,929

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC410410 FERNWYND LIMITED 01 Nov 2011
    SC410411 GATESIDE LIMITED 01 Nov 2011
    SC410449 TEKCUBE LTD 02 Nov 2011
    SC410479 JACK 1988 LTD 02 Nov 2011
    SC410527 EGK CONSULTANCY SERVICES LTD 02 Nov 2011
    SC410569 SOLAFIRMA LIMITED 03 Nov 2011
    SC410608 PHENIX ENERGY (WIND UK) LTD. 04 Nov 2011
    SC410625 CRUNIV LTD 04 Nov 2011
    SC410631 CEO LEGAL LTD 04 Nov 2011
    SC410670 ASPECT JOINERY LTD 04 Nov 2011
    SC410689 TANZ'N'HANZ LIMITED 07 Nov 2011
    SC411252 COVEWOOD LIMITED 14 Nov 2011
    SC411254 HARDIE DIY LTD. 14 Nov 2011
    SC411261 GLENBRIDGE LIMITED 14 Nov 2011
    SC411327 IMAJE PRODUCTS LIMITED 15 Nov 2011
    SC411770 JUDUX LTD 22 Nov 2011
    SC411972 PEARLCOVE LIMITED 24 Nov 2011
    SC411975 LAIRDPORT LIMITED 24 Nov 2011
    SC412315 OKO (SCOTLAND) LTD 30 Nov 2011
    SC412372 CREATIVE DRINKS LTD 30 Nov 2011
    SC412373 DRINKSMITHS LTD 30 Nov 2011
    SC410484 CITY CHIC LIMITED 02 Nov 2011
    SC410774 PINEFIELD TRUSTEES LIMITED 07 Nov 2011
    SC410858 ADVANTA FINANCIAL SOLUTIONS LTD 08 Nov 2011
    SC410944 EVOLUTION BIOSCIENCE RECRUITMENT LTD. 09 Nov 2011