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Glasgow, Lanarkshire

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Glasgow when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Glasgow when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Glasgow when compared to any previous Q2.
  • May 2012 saw a new record in company registrations in Glasgow when compared to any previous May.
  • The first half of 2012 saw a new record in company closures in Glasgow when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company closures in Glasgow when compared to any half year in history.
  • April 2012 saw a new record in company closures in Glasgow when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Glasgow when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Glasgow when compared to any half year in history.

    In the first half of 2012 a total of 3,568 companies were formed in Glasgow. This figure is 11.4% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Glasgow occurred in 2012 when a total of 3,568 were formed.

    Half Year (Jan-Jun)GlasgowUK
    20123,568253,150
    20113,204228,735
    % change11.4%10.7%
    Record Year2012 (3,568)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Glasgow when compared to any previous Q2.

    A total of 1,742 companies were registered in Glasgow during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 9.2% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)GlasgowUK
    20121,742121,659
    20111,595112,344
    % change9.2%8.3%
    Record Year 2012 (1,742) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

    New Companies by Month
    AprilMayJune
    New companies in 2012546653543
    New companies in 2011525501569
    % change4.0%30.3%-4.6%
    Record Year2007 (643)2012 (653)2011 (569)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company closures in Glasgow when compared to any previous first half year.

    The first half of 2012 was a record first half year for company closures in Glasgow when compared to any half year in history.

    In the first half of 2012 a total of 3,041 companies were dissolved in Glasgow. This figure is 61.7% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Glasgow occurred in 2012 when a total of 3,041 were closed.

    Half Year (Jan-Jun)GlasgowUK
    20123,041147,793
    20111,881162,310
    % change61.7%-8.9%
    Record Year2012 (3,041)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 1,348 companies were dissolved in Glasgow during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 40.3% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)GlasgowUK
    20121,34880,218
    201196171,324
    % change40.3%12.5%
    Record Year 2009 (1,798) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012357491500
    Closed companies in 2011216420325
    % change65.3%16.9%54%
    Record Year2012 (357)2009 (1,112)2009 (651)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Glasgow increased by 527 companies.

    Half Year (Jan-Jun)GlasgowUK
    2012527105,357
    20111,32366,425
    Record Year2007 (1,619)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Glasgow during the second quarter of 2012 (Apr 2012 - Jun 2012) was 394 companies.

    second quarter (Apr 2012 - Jun 2012)GlasgowUK
    201239441,441
    201163441,020
    Record Year 2007 (867) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 201218916243
    Net growth in 201130981244
    Record Year2007 (535)2007 (231)2011 (244)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Glasgow formed 1.4% of all UK companies. This is the same as the 2011 figure of 1.4%.

    Half Year (Jan-Jun)Glasgow
    20121.4%
    20111.4%
    20101.5%
    20091.4%
    20081.3%
    Record Year (since 1960) 1968 (1.9%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

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

    second quarter (Apr 2012 - Jun 2012)Glasgow
    20121.4%
    20111.4%
    20101.5%
    20091.4%
    20081.3%
    Record Year (since 1960) 1986 (2.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20121.3%1.5%1.5%
    UK formation share in 20111.5%1.3%1.4%
    % change-12.4%14.2%1.9%
    Record Year1979 (17.0%)1980 (2.4%)1968 (3.3%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 42.0.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 41.7.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    21.1% of all director appointments in Glasgow in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Glasgow was in 1866 when 57.1% of all directors were female.

    21.2% of all director appointments in Glasgow in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.53%CONSULTING5.07%
    GLASGOW1.93%MANAGEMENT4.74%
    SCOTLAND1.61%CONSULTANCY3.28%
    MANAGEMENT1.57%PROPERTY2.35%
    CONSULTING1.34%TRADING2.10%
    CONSULTANCY1.19%DESIGN1.89%
    TRADING1.01%ENGINEERING1.87%
    (GLASGOW)1.01%ASSOCIATES1.82%
    PROPERTY0.98%CONSULTANTS1.78%
    ENGINEERING0.96%CONSTRUCTION1.71%
    DESIGN0.86%BUSINESS1.70%
    CONSULTANTS0.80%MEDIA1.69%
    ENERGY0.79%LONDON1.68%
    BUSINESS0.73%J1.57%
    CONSTRUCTION0.73%GLOBAL1.51%
    PROPERTIES0.72%INVESTMENTS1.48%
    M0.68%IT1.42%
    J0.65%CARE1.31%
    CONTRACTS0.64%PROPERTIES1.31%
    MEDIA0.62%M1.26%
    LP0.60%ELECTRICAL1.23%
    INVESTMENTS0.60%BUILDING1.23%
    FOOD0.60%SECURITY1.19%
    HOME0.58%S1.18%
    C0.58%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,536244,457
    7487 - Other business activities62547,029
    82990 - Other business support service activities not elsewhere classified51335,447
    99999 - Dormant Company28226,088
    70229 - Management consultancy activities other than financial management22120,390
    62020 - Information technology consultancy activities20815,280
    56103 - Take-away food shops and mobile food stands1973,169
    74909 - Other professional, scientific and technical activities not elsewhere classified17510,271
    9999 - Dormant Company17416,469
    96090 - Other service activities not elsewhere classified15814,220
    56101 - Licensed restaurants1151,551
    5530 - Restaurants1144,037
    68209 - Other letting and operating of own or leased real estate1104,535
    7414 - Business & management consultancy10610,978
    62090 - Other information technology service activities1048,258
    7260 - Other computer related activities966,456
    5552 - Catering951,722
    74990 - Non-trading company939,706
    56302 - Public houses and bars812,913
    9305 - Other service activities787,926

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC423356 MUGDOCK LIMITED 03 May 2012
    SC423449 CLH ENGINEERING LIMITED 04 May 2012
    SC423768 MUSCLE PRO LIMITED 10 May 2012
    SC423834 SRL SERVICES (GLASGOW) LIMITED 10 May 2012
    SC423939 AKS IT PROJECT SERVICES LIMITED 11 May 2012
    SC424204 911 TRADE SERVICES LTD. 16 May 2012
    SC424484 FANZ-OWN PROMOTIONS LIMITED 18 May 2012
    SC424485 THE SMALL BUSINESS SHOP LIMITED 18 May 2012
    SC424511 SIKKLA LIMITED 22 May 2012
    SC424781 LEGACY PLANNING SOLUTIONS LIMITED 24 May 2012
    SC424796 LEGACY PLANNING SOLUTIONS FINANCIAL SERVICES LIMITED 24 May 2012
    SC425072 ACREFORD LIMITED 28 May 2012
    SC425185 TOOWAY SCOTLAND LTD 30 May 2012
    SC423181 NYC BAR & GRILL LIMITED 01 May 2012
    SC423267 MONEY SENSE LIFE LIMITED 02 May 2012
    SL010688 HEALTH FOR YOU LP 04 May 2012
    SC423475 BLYTHSWOOD EVENTS LTD. 04 May 2012
    SC423574 OUT SKERRIES LTD 08 May 2012
    SC423623 MAVEN CAPITAL (CLAREMONT HOUSE) LIMITED 08 May 2012
    SC423690 AQUAPHARM THERAPEUTICS LTD 09 May 2012
    SC423821 GLOBAL HOSPITALITY (UK) LTD 10 May 2012
    SC423837 THE PARK MUIRHEAD LIMITED 10 May 2012
    SC423855 GENESIS PERSONALISED CARE & SUPPORT LIMITED 10 May 2012
    SC423901 MAHARJAN RESTAURANTS LIMITED 11 May 2012
    SC423926 THE MFL COMMUNITY PROJECT CIC 11 May 2012