Glasgow, Lanarkshire

Q3 2014 Business Confidence Report

Headlines

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

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 (Q3 Jul-Sep 2014)

    A total of 1,889 companies were registered in Glasgow during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 0.1% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)GlasgowUK
    20141,889143,414
    20131,891132,684
    % change-0.1%8.1%
    Record Year 2013 (1,891) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014625626638
    New companies in 2013626646619
    % change-0.2%-3.1%3.1%
    Record Year2013 (626)2013 (646)2014 (638)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 1,432 companies were dissolved in Glasgow during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 4.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)GlasgowUK
    20141,432101,670
    20131,36686,170
    % change4.8%18.0%
    Record Year 2009 (1,640) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014467559406
    Closed companies in 2013504519343
    % change-7.3%7.7%18%
    Record Year2010 (569)2009 (799)2010 (493)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Glasgow during the third quarter of 2014 (Jul 2014 - Sep 2014) was 457 companies.

    third quarter (Jul 2014 - Sep 2014)GlasgowUK
    201445741,744
    201352546,514
    Record Year 2008 (716) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201415867232
    Net growth in 2013122127276
    Record Year2003 (243)2008 (385)2008 (317)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Glasgow formed 1.3% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Glasgow
    20141.3%
    20131.4%
    20121.4%
    20111.4%
    20101.4%
    Record Year (since 1960) 1990 (2.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20141.2%1.4%1.3%
    UK formation share in 20131.4%1.6%1.4%
    % change-9.3%-7.6%-5.4%
    Record Year1990 (2.0%)1991 (1.9%)1990 (2.7%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 42.8.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Glasgow was in 2006 when 27.2% of all directors were female.

    23.4% of all director appointments in Glasgow in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LP3.64%CONSULTING5.17%
    (SCOTLAND)2.43%MANAGEMENT4.63%
    GLASGOW2.21%CONSULTANCY3.55%
    MANAGEMENT1.78%PROPERTY2.62%
    CONSULTING1.69%ENGINEERING2.07%
    SCOTLAND1.43%CONSTRUCTION2.05%
    CONSULTANCY1.31%TRADING2.00%
    ENGINEERING1.26%LONDON1.95%
    PROPERTIES0.88%CARE1.94%
    TRADING0.86%TRANSPORT1.76%
    DESIGN0.85%DESIGN1.70%
    CONSTRUCTION0.84%CONSULTANTS1.70%
    BUSINESS0.83%PROPERTIES1.63%
    PROPERTY0.81%BUSINESS1.62%
    (GLASGOW)0.77%J1.53%
    INVESTMENTS0.73%ELECTRICAL1.53%
    ELECTRICAL0.71%GLOBAL1.51%
    J0.64%INVESTMENTS1.50%
    CONTRACTS0.64%ASSOCIATES1.48%
    GLOBAL0.62%MEDIA1.38%
    ENERGY0.62%CO.,1.36%
    LEISURE0.60%DEVELOPMENTS1.35%
    M0.60%BUILDING1.30%
    CAPITAL0.59%IT1.30%
    RETAIL0.58%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,430278,481
    82990 - Other business support service activities not elsewhere classified56457,264
    99999 - Dormant Company50448,286
    70229 - Management consultancy activities other than financial management39540,717
    62020 - Information technology consultancy activities30629,313
    96090 - Other service activities not elsewhere classified29928,224
    56103 - Take-away food shops and mobile food stands2847,917
    74909 - Other professional, scientific and technical activities not elsewhere classified27418,890
    68209 - Other letting and operating of own or leased real estate26410,361
    56101 - Licensed restaurants2408,546
    56302 - Public houses and bars1746,056
    71129 - Other engineering activities1685,930
    96020 - Hairdressing and other beauty treatment1656,630
    62090 - Other information technology service activities16512,795
    56210 - Event catering activities1612,353
    74990 - Non-trading company15214,006
    43999 - Other specialised construction activities not elsewhere classified1408,501
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1343,969
    47910 - Retail sale via mail order houses or via Internet1299,914
    68100 - Buying and selling of own real estate1176,595

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC483400 THUNDERBOLT ENGINEERING PLANT HIRE LTD 01 Aug 2014
    SC483442 LEGGATT LOCHEE LTD 01 Aug 2014
    SC483763 ENLINEA NETWORKS LTD 06 Aug 2014
    SC483927 FRAME CREATIVE PR LIMITED 08 Aug 2014
    SC484263 TINA'S FASTFOODS LTD 13 Aug 2014
    SC484264 SALT DELICATESSEN LTD 13 Aug 2014
    SC484598 GLASGOW LIGHTING DESIGN STUDIO LTD 19 Aug 2014
    SC484651 PREMIER WORLD SPORTS RECRUITMENT CO LTD 19 Aug 2014
    SC485450 LAND LOGISTICS (UK) LTD. 29 Aug 2014
    SO305004 FAIRSOUTH NO.1 (GLASGOW) LLP 28 Aug 2014
    SC483397 JETT RECRUITMENT LIMITED 01 Aug 2014
    SC483421 I-RECRUIT4U CONSULTING SERVICES LIMITED 01 Aug 2014
    SC483547 GB FINANCIAL MANAGEMENT LTD 04 Aug 2014
    SC483615 SPEEDEEE SYSTEMS LTD 05 Aug 2014
    SC483669 STRATHAVEN WIND LIMITED 05 Aug 2014
    SC483873 MARQUES (SCOTLAND) LIMITED 07 Aug 2014
    SC484068 CREEBRIDGE MILL LIMITED 11 Aug 2014
    SC484181 FIRE IN BABYLON KITCHEN LTD 13 Aug 2014
    SC484223 GENTLE AGENDA MEDIA LTD. 13 Aug 2014
    SC484370 MCCAFFERY & CO LTD 14 Aug 2014
    SC484458 DAVID DOUGAN WEALTH PLANNING LTD 15 Aug 2014
    SC484573 TRADE LINK CONSULTANCY LTD 18 Aug 2014
    SC484628 NETHER KYPESIDE RENEWABLES LTD 19 Aug 2014
    SC484638 HIGH BLACKWOODYARDS RENEWABLES LTD 19 Aug 2014
    SC484679 VOLANS STORM LTD 19 Aug 2014