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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
    SC414155 WRW COFFEE LIMITED 09 Jan 2012
    SC414393 SWE LEISURE LTD 12 Jan 2012
    SC414446 CAMPSTER FISH & CHIPS LTD 13 Jan 2012
    SC414775 SCOT COMMERCIALS LTD 17 Jan 2012
    SC415305 BIG EVENTS (EUROPE) LTD 24 Jan 2012
    SC415592 BEN LOMOND (GLASGOW) LTD 27 Jan 2012
    SC415595 GLENANNAN LIMITED 27 Jan 2012
    SC415600 INVERWAY LIMITED 27 Jan 2012
    SC415609 GLENBEACH LIMITED 27 Jan 2012
    SC415610 STRATHBRIDGE LIMITED 27 Jan 2012
    SC413897 SALTIREHOSTING LIMITED 04 Jan 2012
    SC413912 SHINE WEB DESIGN LTD 04 Jan 2012
    SC414153 METRO CARPARKING LIMITED 09 Jan 2012
    SC414164 KATANI & CO LTD 09 Jan 2012
    SC414335 ECONOMY FLIES LIMITED 11 Jan 2012
    SC414350 JGD ENGINEERING SERVICES LIMITED 11 Jan 2012
    SC414435 ENTREPRENEURIAL-SPARK LIMITED 12 Jan 2012
    SC414487 PEDMYRE PROPERTIES LIMITED 13 Jan 2012
    SC414612 AKG PROPERTIES (GLASGOW) LIMITED 16 Jan 2012
    SC414650 A & S IRELAND LETTINGS LIMITED 16 Jan 2012
    SC414669 G & M MCCULLOSH CARS LTD 16 Jan 2012
    SC414722 249 LIMITED 17 Jan 2012
    SC414999 ASD TECHNICAL SERVICES LIMITED 19 Jan 2012
    SC415071 BRENTWOOD PROPERTIES LIMITED 20 Jan 2012
    SC415117 SALTWATER LIMITED 20 Jan 2012