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Glasgow, Lanarkshire

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Glasgow when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Glasgow when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Glasgow when compared to any previous February.
  • January 2012 saw a new record in company registrations in Glasgow when compared to any previous January.
  • Q1 2012 saw a new record in company closures in Glasgow when compared to any previous Q1.
  • February 2012 saw a new record in company closures in Glasgow when compared to any previous February.
  • January 2012 saw a new record in company closures in Glasgow when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Glasgow when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Glasgow when compared to any quarter in history.

    A total of 1,826 companies were registered in Glasgow during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 13.5% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)GlasgowUK
    20121,826131,491
    20111,609116,391
    % change13.5%13.0%
    Record Year 2012 (1,826) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Glasgow when compared to any previous February.

    January 2012 saw a new record in company registrations in Glasgow when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012531633662
    New companies in 2011463548598
    % change14.7%15.5%10.7%
    Record Year2012 (531)2012 (633)2007 (692)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company closures in Glasgow when compared to any previous Q1.

    A total of 1,693 companies were dissolved in Glasgow during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 84.0% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)GlasgowUK
    20121,69367,576
    201192090,987
    % change84.0%-25.7%
    Record Year 2012 (1,693) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company closures in Glasgow when compared to any previous February.

    January 2012 saw a new record in company closures in Glasgow when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012751474468
    Closed companies in 2011345271304
    % change117.7%74.9%54%
    Record Year2012 (751)2012 (474)2010 (515)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Glasgow during the first quarter of 2012 (Jan 2012 - Mar 2012) was 133 companies.

    first quarter (Jan 2012 - Mar 2012)GlasgowUK
    201213363,915
    201168925,404
    Record Year 2003 (901) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012-220159194
    Net growth in 2011118277294
    Record Year2007 (327)2011 (277)2006 (407)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Glasgow formed 1.4% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Glasgow
    20121.4%
    20111.4%
    20101.5%
    20091.5%
    20081.4%
    Record Year (since 1960) 1984 (2.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20121.3%1.4%1.4%
    UK formation share in 20111.4%1.5%1.3%
    % change-1.7%-1.2%3.6%
    Record Year1997 (2.8%)1974 (3.5%)1979 (16.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 42.3.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Glasgow was in 1861 when 40.0% of all directors were female.

    24.0% of all director appointments in Glasgow in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.49%CONSULTING5.07%
    GLASGOW1.90%MANAGEMENT4.74%
    SCOTLAND1.58%CONSULTANCY3.30%
    MANAGEMENT1.53%PROPERTY2.37%
    CONSULTING1.34%TRADING2.07%
    CONSULTANCY1.32%DESIGN1.93%
    PROPERTY1.21%ENGINEERING1.86%
    ENGINEERING0.96%ASSOCIATES1.84%
    (GLASGOW)0.91%CONSULTANTS1.79%
    TRADING0.82%BUSINESS1.73%
    BUSINESS0.82%MEDIA1.72%
    PROPERTIES0.80%CONSTRUCTION1.72%
    ENERGY0.79%LONDON1.66%
    DESIGN0.79%J1.54%
    CONSULTANTS0.72%INVESTMENTS1.51%
    M0.72%GLOBAL1.50%
    INVESTMENTS0.68%IT1.40%
    CONSTRUCTION0.66%CARE1.34%
    J0.65%PROPERTIES1.31%
    MEDIA0.62%ELECTRICAL1.27%
    CONTRACTS0.62%M1.27%
    SOLAR0.59%BUILDING1.24%
    HOME0.59%ENERGY1.20%
    LEISURE0.56%S1.20%
    ENTERPRISES0.55%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,316216,665
    7487 - Other business activities71152,735
    82990 - Other business support service activities not elsewhere classified49235,233
    99999 - Dormant Company26325,084
    70229 - Management consultancy activities other than financial management21419,704
    9999 - Dormant Company20118,617
    62020 - Information technology consultancy activities18614,303
    56103 - Take-away food shops and mobile food stands1772,902
    74909 - Other professional, scientific and technical activities not elsewhere classified1519,892
    96090 - Other service activities not elsewhere classified14013,637
    5530 - Restaurants1344,633
    7414 - Business & management consultancy12112,113
    5552 - Catering1081,960
    56101 - Licensed restaurants1071,885
    7260 - Other computer related activities1057,154
    68209 - Other letting and operating of own or leased real estate1044,427
    9305 - Other service activities1008,818
    62090 - Other information technology service activities958,145
    74990 - Non-trading company849,729
    5540 - Bars831,978

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC418323 CITY FOODS GLASGOW LIMITED 01 Mar 2012
    SC418576 DEGENESIS AT HAIRBRAIDING SALON LTD 05 Mar 2012
    SC418935 CHARLIE CAMERON LIMITED 08 Mar 2012
    SC419114 S R M LEISURE LTD 09 Mar 2012
    SC419344 JUST LENDING SCOTLAND LIMITED 13 Mar 2012
    SC419407 HAVENBAY LIMITED 14 Mar 2012
    SC419439 LORNE RESOURCES LTD 14 Mar 2012
    SC419797 FRAUNHOFER UK RESEARCH LIMITED 19 Mar 2012
    SC419962 VH SOCIAL MEDIA LTD 20 Mar 2012
    SC420659 R W M DIAMONDS LTD 28 Mar 2012
    SC420689 GMG SECURITY SOLUTIONS LIMITED 29 Mar 2012
    SC420755 GOLDFERN LIMITED 29 Mar 2012
    SC420756 GOLDFORTH LIMITED 29 Mar 2012
    SC420856 STRATHKIRK LIMITED 30 Mar 2012
    SC420865 KIRKCROWN LIMITED 30 Mar 2012
    SC418315 LIREXTECHNOLOGY UK LTD 01 Mar 2012
    SC418499 OSCARS (LIVINGSTON) LIMITED 02 Mar 2012
    SC418943 ROCKSPRING INVESTMENTS LIMITED 08 Mar 2012
    SC418999 MCCANN ENERGY LTD 08 Mar 2012
    SC419003 SPEIRS GUMLEY LIMITED 08 Mar 2012
    SC419119 GDR PROPERTY LETTING LIMITED 09 Mar 2012
    SC419237 GUMLEY LIMITED 12 Mar 2012
    SC419243 SPEIRS PARNIE PROPERTY MANAGEMENT LIMITED 12 Mar 2012
    SC419318 AVA & KAI TAVERNS LIMITED 13 Mar 2012
    SC419735 CLASSIC INDIA RESTAURANT LIMITED 19 Mar 2012