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Glasgow, Lanarkshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Glasgow when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Glasgow when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Glasgow when compared to any previous March.
  • March 2014 was a record month for company registrations in Glasgow when compared to any month in history.
  • February 2014 saw a new record in company registrations in Glasgow when compared to any previous February.
  • January 2014 saw a new record in company registrations in Glasgow when compared to any previous January.
  • March 2014 saw a new record in company closures in Glasgow when compared to any previous March.
  • February 2014 saw a new record in net growth in Glasgow when compared to any previous February.

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 2014)

    Q1 2014 saw a new record in company registrations in Glasgow when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Glasgow when compared to any quarter in history.

    A total of 2,192 companies were registered in Glasgow during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 17.1% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)GlasgowUK
    20142,192150,722
    20131,872134,802
    % change17.1%11.8%
    Record Year 2014 (2,192) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Glasgow when compared to any previous March.

    March 2014 was a record month for company registrations in Glasgow when compared to any month in history.

    February 2014 saw a new record in company registrations in Glasgow when compared to any previous February.

    January 2014 saw a new record in company registrations in Glasgow when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014677707808
    New companies in 2013588570714
    % change15.1%24.0%13.2%
    Record Year2014 (677)2014 (707)2014 (808)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 1,462 companies were dissolved in Glasgow during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 18.3% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)GlasgowUK
    20141,46282,370
    20131,23677,914
    % change18.3%5.7%
    Record Year 2012 (1,692) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company closures in Glasgow when compared to any previous March.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014516365581
    Closed companies in 2013425369442
    % change21.4%-1.1%31%
    Record Year2012 (751)2012 (473)2014 (581)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Glasgow during the first quarter of 2014 (Jan 2014 - Mar 2014) was 730 companies.

    first quarter (Jan 2014 - Mar 2014)GlasgowUK
    201473068,352
    201363656,888
    Record Year 2006 (804) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in net growth in Glasgow when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014161342227
    Net growth in 2013163201272
    Record Year2007 (327)2014 (342)2006 (407)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Glasgow formed 1.5% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Glasgow
    20141.5%
    20131.4%
    20121.4%
    20111.4%
    20101.5%
    Record Year (since 1960) 1997 (2.1%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20141.4%1.5%1.5%
    UK formation share in 20131.3%1.3%1.5%
    % change7.7%14.5%-5.6%
    Record Year1997 (2.8%)1991 (2.5%)1985 (2.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 43.0.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Glasgow was in 2013 when 29.8% of all directors were female.

    25.0% of all director appointments in Glasgow in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    LP6.43%CONSULTING5.22%
    (SCOTLAND)2.36%MANAGEMENT4.67%
    GLASGOW1.86%CONSULTANCY3.49%
    CONSULTING1.73%PROPERTY2.64%
    MANAGEMENT1.62%TRADING2.05%
    SCOTLAND1.48%LONDON1.88%
    CONSULTANCY1.23%ENGINEERING1.86%
    TRADING1.02%CARE1.79%
    PROPERTY1.02%CONSTRUCTION1.75%
    ENGINEERING0.82%DESIGN1.75%
    BUSINESS0.81%CONSULTANTS1.73%
    PROPERTIES0.81%BUSINESS1.71%
    ENERGY0.78%PROPERTIES1.60%
    (GLASGOW)0.76%INVESTMENTS1.60%
    INVESTMENTS0.75%GLOBAL1.58%
    TRADE0.74%J1.48%
    CONSULTANTS0.72%ASSOCIATES1.48%
    CONSTRUCTION0.69%MEDIA1.48%
    DESIGN0.67%IT1.33%
    CAPITAL0.66%TRANSPORT1.30%
    GLOBAL0.62%DEVELOPMENTS1.29%
    CONTRACTS0.60%BUILDING1.24%
    J0.59%M1.21%
    C0.58%CAPITAL1.20%
    FOODS0.55%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,251280,210
    82990 - Other business support service activities not elsewhere classified60056,411
    99999 - Dormant Company48147,084
    70229 - Management consultancy activities other than financial management33737,882
    62020 - Information technology consultancy activities31327,750
    96090 - Other service activities not elsewhere classified26926,700
    56103 - Take-away food shops and mobile food stands2697,300
    74909 - Other professional, scientific and technical activities not elsewhere classified26518,491
    68209 - Other letting and operating of own or leased real estate2299,284
    56101 - Licensed restaurants2217,965
    56302 - Public houses and bars1775,732
    56210 - Event catering activities1622,170
    62090 - Other information technology service activities15512,813
    74990 - Non-trading company15114,135
    96020 - Hairdressing and other beauty treatment1426,236
    43999 - Other specialised construction activities not elsewhere classified1328,155
    47910 - Retail sale via mail order houses or via Internet1249,358
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1243,708
    71129 - Other engineering activities1225,477
    68100 - Buying and selling of own real estate1085,920

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC466545 OSWALD STREET PROPERTY SERVICES LTD 03 Jan 2014
    SL015202 CVEST INVEST LP 07 Jan 2014
    SL015203 TRING MANAGEMENT LP 07 Jan 2014
    SL015204 BRIBURY MANAGEMENT LP 07 Jan 2014
    SL015205 ALBION CAPITAL MANAGEMENT LP 07 Jan 2014
    SC467070 UNION HOUSE (GLASGOW) LTD 10 Jan 2014
    SC467486 MBM DORMANT (1) LIMITED 15 Jan 2014
    SC467846 MAGIC APPS DEVELOPMENT LIMITED 20 Jan 2014
    SC468058 CREUX NOIRS LIMITED 22 Jan 2014
    SC468101 JAY JAY'S PET SUPPLIES LTD 23 Jan 2014
    SC468285 ECOBACKER LIMITED 24 Jan 2014
    SC466573 FLEET ID LTD 03 Jan 2014
    SC466614 MCL ESTATES (BRAEHEAD) LTD 03 Jan 2014
    SC466621 GLG TELECOM LIMITED 03 Jan 2014
    SC466639 COVEX LEISURE LIMITED 06 Jan 2014
    SL015177 MAVEN CO-INVEST XK LIMITED PARTNERSHIP 06 Jan 2014
    SC466695 KITTOCH WATER LTD 06 Jan 2014
    SC466707 PRICE ROOFING LTD. 06 Jan 2014
    SC466919 DWF TRUSTEES (SCOTLAND) LIMITED 08 Jan 2014
    SC466947 SCOT SHERIDAN (GRANGEMOUTH) LIMITED 08 Jan 2014
    SC467109 ENTASIS VISUALISATIONS LTD 10 Jan 2014
    SL015252 STARDUST TRADING LP 13 Jan 2014
    SL015256 GREYTON BUSINESS LP 13 Jan 2014
    SC467259 DIAMOND X LIMITED 13 Jan 2014
    SC467350 MACROCOM (1035) LIMITED 14 Jan 2014

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