Glasgow, Lanarkshire
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Glasgow when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Glasgow when compared to any half year in history.
- June 2014 saw a new record in company registrations in Glasgow when compared to any previous June.
- April 2014 saw a new record in company closures in Glasgow when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Glasgow when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Glasgow when compared to any half year in history.
In the first half of 2014 a total of 4,209 companies were formed in Glasgow. This figure is 7.2% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Glasgow occurred in 2014 when a total of 4,209 were formed.
Half Year (Jan-Jun) Glasgow UK 2014 4,209 300,731 2013 3,925 269,432 % change 7.2% 11.6% Record Year 2014 (4,209) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 2,017 companies were registered in Glasgow during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 1.8% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Glasgow UK 2014 2,017 150,009 2013 2,053 134,630 % change -1.8% 11.4% Record Year 2013 (2,053) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Glasgow when compared to any previous June.
New Companies by Month
April May June New companies in 2014 722 676 619 New companies in 2013 759 697 597 % change -4.9% -3.0% 3.7% Record Year 2013 (759) 2013 (697) 2014 (619)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 2,926 companies were dissolved in Glasgow. This figure is 16.1% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Glasgow occurred in 2012 when a total of 3,040 were closed.
Half Year (Jan-Jun) Glasgow UK 2014 2,926 177,207 2013 2,521 155,192 % change 16.1% 14.2% Record Year 2012 (3,040) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 1,464 companies were dissolved in Glasgow during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 13.9% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Glasgow UK 2014 1,464 94,837 2013 1,285 77,278 % change 13.9% 22.7% Record Year 2009 (1,800) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in company closures in Glasgow when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2014 475 541 448 Closed companies in 2013 365 553 367 % change 30.1% -2.2% 22% Record Year 2014 (475) 2009 (1,114) 2009 (651)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Glasgow increased by 1,283 companies.
Half Year (Jan-Jun) Glasgow UK 2014 1,283 123,524 2013 1,404 114,240 Record Year 2007 (1,619) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Glasgow during the second quarter of 2014 (Apr 2014 - Jun 2014) was 553 companies.
second quarter (Apr 2014 - Jun 2014) Glasgow UK 2014 553 55,172 2013 768 57,352 Record Year 2007 (867) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 247 135 171 Net growth in 2013 394 144 230 Record Year 2007 (535) 2007 (231) 2011 (244)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Glasgow formed 1.4% of all UK companies. This is less than the 2013 figure of 1.5%.
Half Year (Jan-Jun) Glasgow 2014 1.4% 2013 1.5% 2012 1.4% 2011 1.4% 2010 1.5% Record Year (since 1960) 1991 (1.9%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Glasgow formed 1.3% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Glasgow 2014 1.3% 2013 1.5% 2012 1.4% 2011 1.4% 2010 1.5% Record Year (since 1960) 1993 (1.8%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 1.3% 1.4% 1.3% UK formation share in 2013 1.6% 1.6% 1.5% % change -14.2% -10.5% -10.2% Record Year 1987 (2.0%) 1990 (1.9%) 1988 (2.2%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 42.8.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Glasgow was 2007 when 27.9% of all directors were female.
25.0% of all director appointments in Glasgow in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Glasgow was in 2007 when 27.5% of all directors were female.
25.1% of all director appointments in Glasgow in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 4.55% CONSULTING 5.16% (SCOTLAND) 2.50% MANAGEMENT 4.64% GLASGOW 1.86% CONSULTANCY 3.50% MANAGEMENT 1.64% PROPERTY 2.66% CONSULTING 1.63% TRADING 2.03% SCOTLAND 1.39% ENGINEERING 1.99% CONSULTANCY 1.23% CONSTRUCTION 1.93% ENGINEERING 1.01% LONDON 1.93% TRADING 0.92% CARE 1.85% PROPERTY 0.90% DESIGN 1.75% PROPERTIES 0.83% CONSULTANTS 1.73% BUSINESS 0.81% BUSINESS 1.69% CONSTRUCTION 0.79% PROPERTIES 1.63% INVESTMENTS 0.75% TRANSPORT 1.58% (GLASGOW) 0.74% GLOBAL 1.55% DESIGN 0.73% INVESTMENTS 1.55% ENERGY 0.63% J 1.51% CAPITAL 0.63% ASSOCIATES 1.48% CONSULTANTS 0.61% MEDIA 1.44% GLOBAL 0.60% ELECTRICAL 1.40% CONTRACTS 0.60% IT 1.33% LEISURE 0.59% DEVELOPMENTS 1.33% J 0.58% BUILDING 1.26% ELECTRICAL 0.57% M 1.24% TRAINING 0.55% CO., 1.20%
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 4,130 261,557 82990 - Other business support service activities not elsewhere classified 577 57,421 99999 - Dormant Company 512 48,436 70229 - Management consultancy activities other than financial management 385 40,250 62020 - Information technology consultancy activities 307 29,029 96090 - Other service activities not elsewhere classified 296 28,352 56103 - Take-away food shops and mobile food stands 280 7,840 74909 - Other professional, scientific and technical activities not elsewhere classified 278 19,058 68209 - Other letting and operating of own or leased real estate 251 10,133 56101 - Licensed restaurants 243 8,585 56302 - Public houses and bars 180 6,099 62090 - Other information technology service activities 172 13,024 96020 - Hairdressing and other beauty treatment 159 6,631 56210 - Event catering activities 154 2,342 74990 - Non-trading company 153 14,351 43999 - Other specialised construction activities not elsewhere classified 137 8,533 47910 - Retail sale via mail order houses or via Internet 134 9,900 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 128 3,928 71129 - Other engineering activities 124 5,787 68100 - Buying and selling of own real estate 116 6,413
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC479006 GINESTRI LIMITED 02 Jun 2014 SC479397 JWNC LTD 06 Jun 2014 SC479439 TBC AUTOS LTD 06 Jun 2014 SC479517 TOUCH-LESS DISINFECTION SCOTLAND LIMITED 09 Jun 2014 SC479854 MURRAY STEEL PROPERTY LTD 11 Jun 2014 SC479883 QCLOSE LIMITED 12 Jun 2014 SC480165 E-MAGINE EURO LTD 16 Jun 2014 SC480233 GOOD INVESTMENTS LIMITED 17 Jun 2014 SC480255 ALARM SECURE LTD 17 Jun 2014 SC478915 PALMER DESIGN AND CONSULTING LIMITED 02 Jun 2014 SC478992 GLENCRAIG PROPERTIES LTD 02 Jun 2014 SC479005 UDOYE COMPANY LIMITED 02 Jun 2014 SC479009 MUIRHEAD RESTAURANT LTD 02 Jun 2014 SC479051 VERTICAL CONSULTING LIMITED 03 Jun 2014 SC479080 RDB ENGINEERING (2014) LTD 03 Jun 2014 SC479158 CLEMENT MANAGEMENT FACILITIES LIMITED 03 Jun 2014 SC479195 RED SHOE MEDIA LIMITED 04 Jun 2014 SC479244 DESIGN LIBRARY LIMITED 04 Jun 2014 SC479325 CONNECT DESIGN AND SOURCING LIMITED 05 Jun 2014 SC479363 MALEENA LIMITED 06 Jun 2014 SC479364 PAULINE MURRAY LIMITED 06 Jun 2014 SC479399 CMS LOGISTICS MANAGEMENT LTD 06 Jun 2014 SC479401 MURRAY CAR SALES LIMITED 06 Jun 2014 SC479485 APPARITION DISTRIBUTION LIMITED 09 Jun 2014 SC479772 RAM 218 LIMITED 11 Jun 2014
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