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
New Company Registrations
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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) Glasgow UK 2014 1,889 143,414 2013 1,891 132,684 % change -0.1% 8.1% Record Year 2013 (1,891) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 625 626 638 New companies in 2013 626 646 619 % change -0.2% -3.1% 3.1% Record Year 2013 (626) 2013 (646) 2014 (638)
Closed Companies (dissolved)
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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) Glasgow UK 2014 1,432 101,670 2013 1,366 86,170 % change 4.8% 18.0% Record Year 2009 (1,640) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
July August September Closed companies in 2014 467 559 406 Closed companies in 2013 504 519 343 % change -7.3% 7.7% 18% Record Year 2010 (569) 2009 (799) 2010 (493)
Net Company Growth
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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) Glasgow UK 2014 457 41,744 2013 525 46,514 Record Year 2008 (716) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 158 67 232 Net growth in 2013 122 127 276 Record Year 2003 (243) 2008 (385) 2008 (317)
UK Company Share
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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 2014 1.3% 2013 1.4% 2012 1.4% 2011 1.4% 2010 1.4% Record Year (since 1960) 1990 (2.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 1.2% 1.4% 1.3% UK formation share in 2013 1.4% 1.6% 1.4% % change -9.3% -7.6% -5.4% Record Year 1990 (2.0%) 1991 (1.9%) 1990 (2.7%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 3.64% CONSULTING 5.17% (SCOTLAND) 2.43% MANAGEMENT 4.63% GLASGOW 2.21% CONSULTANCY 3.55% MANAGEMENT 1.78% PROPERTY 2.62% CONSULTING 1.69% ENGINEERING 2.07% SCOTLAND 1.43% CONSTRUCTION 2.05% CONSULTANCY 1.31% TRADING 2.00% ENGINEERING 1.26% LONDON 1.95% PROPERTIES 0.88% CARE 1.94% TRADING 0.86% TRANSPORT 1.76% DESIGN 0.85% DESIGN 1.70% CONSTRUCTION 0.84% CONSULTANTS 1.70% BUSINESS 0.83% PROPERTIES 1.63% PROPERTY 0.81% BUSINESS 1.62% (GLASGOW) 0.77% J 1.53% INVESTMENTS 0.73% ELECTRICAL 1.53% ELECTRICAL 0.71% GLOBAL 1.51% J 0.64% INVESTMENTS 1.50% CONTRACTS 0.64% ASSOCIATES 1.48% GLOBAL 0.62% MEDIA 1.38% ENERGY 0.62% CO., 1.36% LEISURE 0.60% DEVELOPMENTS 1.35% M 0.60% BUILDING 1.30% CAPITAL 0.59% IT 1.30% RETAIL 0.58% M 1.23%
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 4,430 278,481 82990 - Other business support service activities not elsewhere classified 564 57,264 99999 - Dormant Company 504 48,286 70229 - Management consultancy activities other than financial management 395 40,717 62020 - Information technology consultancy activities 306 29,313 96090 - Other service activities not elsewhere classified 299 28,224 56103 - Take-away food shops and mobile food stands 284 7,917 74909 - Other professional, scientific and technical activities not elsewhere classified 274 18,890 68209 - Other letting and operating of own or leased real estate 264 10,361 56101 - Licensed restaurants 240 8,546 56302 - Public houses and bars 174 6,056 71129 - Other engineering activities 168 5,930 96020 - Hairdressing and other beauty treatment 165 6,630 62090 - Other information technology service activities 165 12,795 56210 - Event catering activities 161 2,353 74990 - Non-trading company 152 14,006 43999 - Other specialised construction activities not elsewhere classified 140 8,501 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 134 3,969 47910 - Retail sale via mail order houses or via Internet 129 9,914 68100 - Buying and selling of own real estate 117 6,595
Recent Companies
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Randomly selected companies from this quarter
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