Glasgow, Lanarkshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Glasgow when compared to any year in history.
- December 2014 saw a new record in company registrations in Glasgow when compared to any previous December.
- 2014 was a record year for company closures in Glasgow when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Glasgow when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Glasgow when compared to any year in history.
A total of 7,875 companies were formed in Glasgow in 2014. This total is 2.5% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Glasgow UK 2014 7,875 582,051 2013 7,685 529,363 2012 6,807 491,893 2011 6,285 452,870 2010 5,661 400,358 Record Year 2014 (7,875) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 3,666 companies were formed in Glasgow. This figure is 2.5% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Glasgow occurred in 2013 when a total of 3,760 were formed.
Half Year (Jul-Dec) Glasgow UK 2014 3,666 281,320 2013 3,760 259,931 % change -2.5% 8.2% Record Year 2013 (3,760) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,777 companies were registered in Glasgow during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 4.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Glasgow UK 2014 1,777 137,906 2013 1,869 127,247 % change -4.9% 8.4% Record Year 2013 (1,869) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Glasgow when compared to any previous December.
New Companies by Month
October November December New companies in 2014 679 579 519 New companies in 2013 703 649 517 % change -3.4% -10.8% 0.4% Record Year 2013 (703) 2013 (649) 2014 (519)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Glasgow when compared to any year in history.
A total of 5,834 companies were dissolved in Glasgow in 2014. This total is 12.5% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Glasgow UK 2014 5,834 367,937 2013 5,185 332,213 2012 5,369 293,729 2011 4,599 314,524 2010 5,783 342,233 Record Year 2014 (5,834) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Glasgow when compared to any previous second half year.
In the second half of 2014 a total of 2,908 companies were dissolved in Glasgow. This figure is 9.2% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Glasgow occurred in 2014 when a total of 2,908 were closed.
Half Year (Jul-Dec) Glasgow UK 2014 2,908 190,730 2013 2,664 177,021 % change 9.2% 7.7% Record Year 2014 (2,908) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,476 companies were dissolved in Glasgow during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 13.7% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Glasgow UK 2014 1,476 89,060 2013 1,298 90,851 % change 13.7% -2.0% Record Year 2010 (1,555) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 671 375 430 Closed companies in 2013 433 453 412 % change 55.0% -17.2% 4% Record Year 2008 (876) 2011 (466) 2011 (613)
Net Company Growth
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Annual Data (2014)
A total of 2,041 companies were added to the company register for Glasgow in 2014. This number represents growth of 25.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 459 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Glasgow company register grew by 2,561 companies.
Year Glasgow UK 2014 2,041 214,114 2013 2,500 197,150 2012 1,438 198,164 2011 1,686 138,346 2010 -122 58,125 Record Year 2005 (2,561) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Glasgow increased by 758 companies.
Half Year (Jul-Dec) Glasgow UK 2014 758 90,590 2013 1,096 82,910 Record Year 2003 (1,304) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Glasgow during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 301 companies.
fourth quarter (Oct 2014 - Dec 2014) Glasgow UK 2014 301 48,846 2013 571 36,396 Record Year 2013 (571) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 8 204 89 Net growth in 2013 270 196 105 Record Year 2013 (270) 2006 (233) 1996 (286)
UK Company Share
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Annual Data (2014)
In 2014 Glasgow formed 1.4% of all UK companies. This is a decline on 2013 when Glasgow was responsible for 1.5% of all UK companies.
Year Glasgow 2014 1.4% 2013 1.5% 2012 1.4% 2011 1.4% 2010 1.4% Record Year (since 1960) 1991 (1.9%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Glasgow formed 1.3% of all UK companies. This is less than the 2013 figure of 1.4%.
Half Year (Jul-Dec) Glasgow 2014 1.3% 2013 1.4% 2012 1.4% 2011 1.4% 2010 1.4% Record Year (since 1960) 1990 (1.9%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Glasgow formed 1.3% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Glasgow 2014 1.3% 2013 1.5% 2012 1.3% 2011 1.4% 2010 1.4% Record Year (since 1960) 1991 (2.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 1.3% 1.3% 1.3% UK formation share in 2013 1.4% 1.5% 1.5% % change -8.1% -15.3% -14.1% Record Year 1979 (2.2%) 1989 (2.0%) 1996 (2.7%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.9.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.8.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.8.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Glasgow was 1977 when 50.0% of all directors were female.
The percentage of female directors in Glasgow in 2014 was 24.6%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Glasgow was 2007 when 27.1% of all directors were female.
24.1% of all director appointments in Glasgow in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Glasgow was in 2007 when 27.1% of all directors were female.
24.8% of all director appointments in Glasgow in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 2.49% CONSULTING 5.22% GLASGOW 2.19% MANAGEMENT 4.58% LP 1.96% CONSULTANCY 3.57% MANAGEMENT 1.75% PROPERTY 2.66% CONSULTING 1.67% CONSTRUCTION 2.12% SCOTLAND 1.65% ENGINEERING 2.10% CONSULTANCY 1.49% CARE 2.02% ENGINEERING 1.25% TRADING 1.94% PROPERTY 0.94% LONDON 1.93% PROPERTIES 0.89% TRANSPORT 1.93% DESIGN 0.83% DESIGN 1.66% BUSINESS 0.82% CONSULTANTS 1.64% ELECTRICAL 0.82% ELECTRICAL 1.62% CONSTRUCTION 0.82% PROPERTIES 1.62% (GLASGOW) 0.75% BUSINESS 1.56% INVESTMENTS 0.70% J 1.54% TRADING 0.67% CO., 1.50% J 0.66% GLOBAL 1.49% S 0.61% INVESTMENTS 1.48% CONTRACTS 0.61% ASSOCIATES 1.47% ENERGY 0.59% DEVELOPMENTS 1.35% CONSULTANTS 0.58% MEDIA 1.33% ENTERPRISES 0.57% IT 1.31% M 0.57% BUILDING 1.29% CO 0.55% M 1.22%
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 4,393 265,608 82990 - Other business support service activities not elsewhere classified 547 58,068 99999 - Dormant Company 523 48,509 70229 - Management consultancy activities other than financial management 413 42,290 96090 - Other service activities not elsewhere classified 341 29,009 62020 - Information technology consultancy activities 309 30,178 56103 - Take-away food shops and mobile food stands 296 8,318 74909 - Other professional, scientific and technical activities not elsewhere classified 281 19,049 68209 - Other letting and operating of own or leased real estate 261 11,212 56101 - Licensed restaurants 253 8,782 56302 - Public houses and bars 184 6,285 71129 - Other engineering activities 175 6,132 96020 - Hairdressing and other beauty treatment 168 6,742 74990 - Non-trading company 164 13,984 62090 - Other information technology service activities 163 12,837 56210 - Event catering activities 155 2,417 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 155 4,167 43999 - Other specialised construction activities not elsewhere classified 145 8,761 47910 - Retail sale via mail order houses or via Internet 129 10,107 86900 - Other human health activities 128 12,976
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC492461 AR94 LTD 01 Dec 2014 SC492505 MARBLE FASHION DESIGNS UK LIMITED 02 Dec 2014 SC492766 TALKMATE LTD 04 Dec 2014 SC492825 CHARLIE BROWN'S (SCOTLAND) LTD 05 Dec 2014 SC493507 ANGOA LIMITED 16 Dec 2014 SC493792 GYM64.COM LTD 19 Dec 2014 SC493830 STROUD PLANT LTD 19 Dec 2014 SC492329 MARND LTD 01 Dec 2014 SC492391 SANTA FE MOUNTAIN LTD 01 Dec 2014 SC492398 VILLA FLORES LTD. 01 Dec 2014 SC492402 BAAN WEST LTD. 01 Dec 2014 SC492495 NATIONAL THEATRE OF SCOTLAND PRODUCTIONS LTD 02 Dec 2014 SC492508 UKDEBT ASSISTANCE LIMITED 02 Dec 2014 SC492543 CAPATAN WORLD LTD. 02 Dec 2014 SC492651 CFG CONSULTING LTD 03 Dec 2014 SC492652 GDR LETTINGS LIMITED 03 Dec 2014 SC492655 GDR BUILDING CONTRACTS LIMITED 03 Dec 2014 SC492854 MORAG ACCOM. LIMITED 05 Dec 2014 SC492884 INNOVATIONS PLANET LTD 08 Dec 2014 SC492886 SCOTTISH COUNCIL ON DEAFNESS 08 Dec 2014 SC492981 GO SIX SIGMA UK LTD 09 Dec 2014 SC493124 ROX CRYSTAL LIMITED 10 Dec 2014 SC493127 EUROSCOT ENGINEERING (BAHRAIN) LIMITED 10 Dec 2014 SC493145 JUST SMART THINKING LIMITED 11 Dec 2014 SC493293 KS DEC LIMITED 12 Dec 2014
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