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

  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 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)GlasgowUK
    20144,209300,731
    20133,925269,432
    % change7.2%11.6%
    Record Year2014 (4,209)2014 (300,731)
    New Companies by Half Year
  2. 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)GlasgowUK
    20142,017150,009
    20132,053134,630
    % change-1.8%11.4%
    Record Year 2013 (2,053) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014722676619
    New companies in 2013759697597
    % change-4.9%-3.0%3.7%
    Record Year2013 (759)2013 (697)2014 (619)

Closed Companies (dissolved)

  1. 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)GlasgowUK
    20142,926177,207
    20132,521155,192
    % change16.1%14.2%
    Record Year2012 (3,040)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)GlasgowUK
    20141,46494,837
    20131,28577,278
    % change13.9%22.7%
    Record Year 2009 (1,800) 2009 (181,179)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2014475541448
    Closed companies in 2013365553367
    % change30.1%-2.2%22%
    Record Year2014 (475)2009 (1,114)2009 (651)

Net Company Growth

  1. 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)GlasgowUK
    20141,283123,524
    20131,404114,240
    Record Year2007 (1,619)2007 (171,296)
    Net Growth by Half Year
  2. 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)GlasgowUK
    201455355,172
    201376857,352
    Record Year 2007 (867) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014247135171
    Net growth in 2013394144230
    Record Year2007 (535)2007 (231)2011 (244)

UK Company Share

  1. 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
    20141.4%
    20131.5%
    20121.4%
    20111.4%
    20101.5%
    Record Year (since 1960) 1991 (1.9%)
    Company Share by Half Year
  2. 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
    20141.3%
    20131.5%
    20121.4%
    20111.4%
    20101.5%
    Record Year (since 1960) 1993 (1.8%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20141.3%1.4%1.3%
    UK formation share in 20131.6%1.6%1.5%
    % change-14.2%-10.5%-10.2%
    Record Year1987 (2.0%)1990 (1.9%)1988 (2.2%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    LP4.55%CONSULTING5.16%
    (SCOTLAND)2.50%MANAGEMENT4.64%
    GLASGOW1.86%CONSULTANCY3.50%
    MANAGEMENT1.64%PROPERTY2.66%
    CONSULTING1.63%TRADING2.03%
    SCOTLAND1.39%ENGINEERING1.99%
    CONSULTANCY1.23%CONSTRUCTION1.93%
    ENGINEERING1.01%LONDON1.93%
    TRADING0.92%CARE1.85%
    PROPERTY0.90%DESIGN1.75%
    PROPERTIES0.83%CONSULTANTS1.73%
    BUSINESS0.81%BUSINESS1.69%
    CONSTRUCTION0.79%PROPERTIES1.63%
    INVESTMENTS0.75%TRANSPORT1.58%
    (GLASGOW)0.74%GLOBAL1.55%
    DESIGN0.73%INVESTMENTS1.55%
    ENERGY0.63%J1.51%
    CAPITAL0.63%ASSOCIATES1.48%
    CONSULTANTS0.61%MEDIA1.44%
    GLOBAL0.60%ELECTRICAL1.40%
    CONTRACTS0.60%IT1.33%
    LEISURE0.59%DEVELOPMENTS1.33%
    J0.58%BUILDING1.26%
    ELECTRICAL0.57%M1.24%
    TRAINING0.55%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,130261,557
    82990 - Other business support service activities not elsewhere classified57757,421
    99999 - Dormant Company51248,436
    70229 - Management consultancy activities other than financial management38540,250
    62020 - Information technology consultancy activities30729,029
    96090 - Other service activities not elsewhere classified29628,352
    56103 - Take-away food shops and mobile food stands2807,840
    74909 - Other professional, scientific and technical activities not elsewhere classified27819,058
    68209 - Other letting and operating of own or leased real estate25110,133
    56101 - Licensed restaurants2438,585
    56302 - Public houses and bars1806,099
    62090 - Other information technology service activities17213,024
    96020 - Hairdressing and other beauty treatment1596,631
    56210 - Event catering activities1542,342
    74990 - Non-trading company15314,351
    43999 - Other specialised construction activities not elsewhere classified1378,533
    47910 - Retail sale via mail order houses or via Internet1349,900
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1283,928
    71129 - Other engineering activities1245,787
    68100 - Buying and selling of own real estate1166,413

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC477048 URBAN ACRE LIMITED 07 May 2014
    SC477060 MIA BELLA (GLASGOW) LTD 07 May 2014
    SC477068 DK (GLASGOW) LTD 08 May 2014
    SC477103 VECTOR CORPORATE LIMITED 08 May 2014
    SC477149 DJTC CONSULTANCY LIMITED 08 May 2014
    SC477166 GRYFFE CONTRACT SERVICES LIMITED 08 May 2014
    SC477230 VIMM LTD. 09 May 2014
    SC477430 CALDERGLEN DEVELOPMENTS LTD 12 May 2014
    SC477485 RAVEL (ITALY) LIMITED 13 May 2014
    SC478005 LAWHEAD WINDPOWER LTD 20 May 2014
    SC478173 CURSCOT LIMITED 21 May 2014
    SC478239 BRIAN MCGOLDRICK LTD 22 May 2014
    SC476668 ARDMORE SPIDER CRANES LIMITED 02 May 2014
    SC476739 CHARLES ALEXANDER HAIR LIMITED 02 May 2014
    SC476831 I.C.E. (AIRDRIE) LIMITED 06 May 2014
    SC476885 DUNDAS PR LIMITED 06 May 2014
    SC477216 COLLABORATE FUNDING LIMITED 09 May 2014
    SC477251 MAKAIRA CONSULTANCY LTD 09 May 2014
    SC477324 PLAZA APARTMENTS LTD 12 May 2014
    SC477377 5 SENSE ENERGETIC CONCEPTS LIMITED 12 May 2014
    SC477494 SP2 SECURITY SOLUTIONS LIMITED 13 May 2014
    SC477519 SKIRVING STREET LIMITED 13 May 2014
    SC477625 UAV PRODUCTIONS LIMITED 14 May 2014
    SC477678 TWO FOUR FOUR BATH STREET LIMITED 15 May 2014
    SC477682 WORLDBEERDAY LIMITED 15 May 2014