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
    SC481150 VICEROY RISK MANAGEMENT LIMITED 01 Jul 2014
    SC481267 EL CEE'S LIMITED 02 Jul 2014
    SC481306 IBERDROLA SERVICES LIMITED 02 Jul 2014
    SC481723 LINPEN SUB LIMITED 08 Jul 2014
    SC481771 BRUNSWICK MERCHANT CITY HOTEL LTD 08 Jul 2014
    SC481808 THORNTON HOPE CREDIT CONTROL LTD 09 Jul 2014
    SC481875 WORDS BY MARIANNE LTD 09 Jul 2014
    SC481889 TROJAN SECURITY LTD 10 Jul 2014
    SC482223 BEAUTIFUL PIXELS LTD 16 Jul 2014
    SC482257 KINETIC ENGINEERING SUPPORT LTD 16 Jul 2014
    SC482315 NORTHERN SERVICES (SCOTLAND) LTD 16 Jul 2014
    SC482343 CLOBER TECHNICAL SERVICES LTD 16 Jul 2014
    SC482550 HUGH JEFFERS LIMITED 21 Jul 2014
    SC482642 SCHRADER BANJO & KAISER LIMITED 22 Jul 2014
    SC482716 AYR SPV LIMITED 22 Jul 2014
    SC482810 A&L BARBERS LIMITED 23 Jul 2014
    SC482964 I AND J MECHANICAL ENGINEERS LIMITED 28 Jul 2014
    SC482990 ROSEY BOWTIQUE LIMITED 28 Jul 2014
    SC483037 MEGNAT SALES & MARKETING LTD 28 Jul 2014
    SC483141 CAMERON DECOR LTD 29 Jul 2014
    SC481232 KDB INVESTMENTS LTD 01 Jul 2014
    SC481337 YORKBERG LIMITED 02 Jul 2014
    SC481504 NINOTEL LIMITED 04 Jul 2014
    SC481529 DALGETY PLAY LTD 04 Jul 2014
    SC481536 KARJEN PROPERTIES LIMITED 07 Jul 2014