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
New Company Registrations
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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) Glasgow UK 2014 2,192 150,722 2013 1,872 134,802 % change 17.1% 11.8% Record Year 2014 (2,192) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 677 707 808 New companies in 2013 588 570 714 % change 15.1% 24.0% 13.2% Record Year 2014 (677) 2014 (707) 2014 (808)
Closed Companies (dissolved)
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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) Glasgow UK 2014 1,462 82,370 2013 1,236 77,914 % change 18.3% 5.7% Record Year 2012 (1,692) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 516 365 581 Closed companies in 2013 425 369 442 % change 21.4% -1.1% 31% Record Year 2012 (751) 2012 (473) 2014 (581)
Net Company Growth
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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) Glasgow UK 2014 730 68,352 2013 636 56,888 Record Year 2006 (804) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 161 342 227 Net growth in 2013 163 201 272 Record Year 2007 (327) 2014 (342) 2006 (407)
UK Company Share
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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 2014 1.5% 2013 1.4% 2012 1.4% 2011 1.4% 2010 1.5% Record Year (since 1960) 1997 (2.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 1.4% 1.5% 1.5% UK formation share in 2013 1.3% 1.3% 1.5% % change 7.7% 14.5% -5.6% Record Year 1997 (2.8%) 1991 (2.5%) 1985 (2.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 6.43% CONSULTING 5.22% (SCOTLAND) 2.36% MANAGEMENT 4.67% GLASGOW 1.86% CONSULTANCY 3.49% CONSULTING 1.73% PROPERTY 2.64% MANAGEMENT 1.62% TRADING 2.05% SCOTLAND 1.48% LONDON 1.88% CONSULTANCY 1.23% ENGINEERING 1.86% TRADING 1.02% CARE 1.79% PROPERTY 1.02% CONSTRUCTION 1.75% ENGINEERING 0.82% DESIGN 1.75% BUSINESS 0.81% CONSULTANTS 1.73% PROPERTIES 0.81% BUSINESS 1.71% ENERGY 0.78% PROPERTIES 1.60% (GLASGOW) 0.76% INVESTMENTS 1.60% INVESTMENTS 0.75% GLOBAL 1.58% TRADE 0.74% J 1.48% CONSULTANTS 0.72% ASSOCIATES 1.48% CONSTRUCTION 0.69% MEDIA 1.48% DESIGN 0.67% IT 1.33% CAPITAL 0.66% TRANSPORT 1.30% GLOBAL 0.62% DEVELOPMENTS 1.29% CONTRACTS 0.60% BUILDING 1.24% J 0.59% M 1.21% C 0.58% CAPITAL 1.20% FOODS 0.55% ELECTRICAL 1.19%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 4,251 280,210 82990 - Other business support service activities not elsewhere classified 600 56,411 99999 - Dormant Company 481 47,084 70229 - Management consultancy activities other than financial management 337 37,882 62020 - Information technology consultancy activities 313 27,750 96090 - Other service activities not elsewhere classified 269 26,700 56103 - Take-away food shops and mobile food stands 269 7,300 74909 - Other professional, scientific and technical activities not elsewhere classified 265 18,491 68209 - Other letting and operating of own or leased real estate 229 9,284 56101 - Licensed restaurants 221 7,965 56302 - Public houses and bars 177 5,732 56210 - Event catering activities 162 2,170 62090 - Other information technology service activities 155 12,813 74990 - Non-trading company 151 14,135 96020 - Hairdressing and other beauty treatment 142 6,236 43999 - Other specialised construction activities not elsewhere classified 132 8,155 47910 - Retail sale via mail order houses or via Internet 124 9,358 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 124 3,708 71129 - Other engineering activities 122 5,477 68100 - Buying and selling of own real estate 108 5,920
Recent Companies
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Randomly selected companies from this quarter
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