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

  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. 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.

    YearGlasgowUK
    20147,875582,051
    20137,685529,363
    20126,807491,893
    20116,285452,870
    20105,661400,358
    Record Year2014 (7,875)2014 (582,051)
    New Companies by Year
  2. 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)GlasgowUK
    20143,666281,320
    20133,760259,931
    % change-2.5%8.2%
    Record Year2013 (3,760)2014 (281,320)
    New Companies by Half Year
  3. 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)GlasgowUK
    20141,777137,906
    20131,869127,247
    % change-4.9%8.4%
    Record Year 2013 (1,869) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014679579519
    New companies in 2013703649517
    % change-3.4%-10.8%0.4%
    Record Year2013 (703)2013 (649)2014 (519)

Closed Companies (dissolved)

  1. 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.

    YearGlasgowUK
    20145,834367,937
    20135,185332,213
    20125,369293,729
    20114,599314,524
    20105,783342,233
    Record Year2014 (5,834)2009 (533,789)
    Dissolved Companies by Year
  2. 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)GlasgowUK
    20142,908190,730
    20132,664177,021
    % change9.2%7.7%
    Record Year2014 (2,908)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)GlasgowUK
    20141,47689,060
    20131,29890,851
    % change13.7%-2.0%
    Record Year 2010 (1,555) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014671375430
    Closed companies in 2013433453412
    % change55.0%-17.2%4%
    Record Year2008 (876)2011 (466)2011 (613)

Net Company Growth

  1. 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.

    YearGlasgowUK
    20142,041214,114
    20132,500197,150
    20121,438198,164
    20111,686138,346
    2010-12258,125
    Record Year2005 (2,561)2007 (237,353)
    Net Growth by Year
  2. 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)GlasgowUK
    201475890,590
    20131,09682,910
    Record Year2003 (1,304)2003 (117,772)
    Net Growth by Half Year
  3. 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)GlasgowUK
    201430148,846
    201357136,396
    Record Year 2013 (571) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014820489
    Net growth in 2013270196105
    Record Year2013 (270)2006 (233)1996 (286)

UK Company Share

  1. 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.

    YearGlasgow
    20141.4%
    20131.5%
    20121.4%
    20111.4%
    20101.4%
    Record Year (since 1960)1991 (1.9%)
    Company Share by Year
  2. 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
    20141.3%
    20131.4%
    20121.4%
    20111.4%
    20101.4%
    Record Year (since 1960) 1990 (1.9%)
    Company Share by Half Year
  3. 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
    20141.3%
    20131.5%
    20121.3%
    20111.4%
    20101.4%
    Record Year (since 1960) 1991 (2.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.3%1.3%1.3%
    UK formation share in 20131.4%1.5%1.5%
    % change-8.1%-15.3%-14.1%
    Record Year1979 (2.2%)1989 (2.0%)1996 (2.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.49%CONSULTING5.22%
    GLASGOW2.19%MANAGEMENT4.58%
    LP1.96%CONSULTANCY3.57%
    MANAGEMENT1.75%PROPERTY2.66%
    CONSULTING1.67%CONSTRUCTION2.12%
    SCOTLAND1.65%ENGINEERING2.10%
    CONSULTANCY1.49%CARE2.02%
    ENGINEERING1.25%TRADING1.94%
    PROPERTY0.94%LONDON1.93%
    PROPERTIES0.89%TRANSPORT1.93%
    DESIGN0.83%DESIGN1.66%
    BUSINESS0.82%CONSULTANTS1.64%
    ELECTRICAL0.82%ELECTRICAL1.62%
    CONSTRUCTION0.82%PROPERTIES1.62%
    (GLASGOW)0.75%BUSINESS1.56%
    INVESTMENTS0.70%J1.54%
    TRADING0.67%CO.,1.50%
    J0.66%GLOBAL1.49%
    S0.61%INVESTMENTS1.48%
    CONTRACTS0.61%ASSOCIATES1.47%
    ENERGY0.59%DEVELOPMENTS1.35%
    CONSULTANTS0.58%MEDIA1.33%
    ENTERPRISES0.57%IT1.31%
    M0.57%BUILDING1.29%
    CO0.55%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,393265,608
    82990 - Other business support service activities not elsewhere classified54758,068
    99999 - Dormant Company52348,509
    70229 - Management consultancy activities other than financial management41342,290
    96090 - Other service activities not elsewhere classified34129,009
    62020 - Information technology consultancy activities30930,178
    56103 - Take-away food shops and mobile food stands2968,318
    74909 - Other professional, scientific and technical activities not elsewhere classified28119,049
    68209 - Other letting and operating of own or leased real estate26111,212
    56101 - Licensed restaurants2538,782
    56302 - Public houses and bars1846,285
    71129 - Other engineering activities1756,132
    96020 - Hairdressing and other beauty treatment1686,742
    74990 - Non-trading company16413,984
    62090 - Other information technology service activities16312,837
    56210 - Event catering activities1552,417
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1554,167
    43999 - Other specialised construction activities not elsewhere classified1458,761
    47910 - Retail sale via mail order houses or via Internet12910,107
    86900 - Other human health activities12812,976

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC492395 JOHNSON SECURITIES LTD 01 Dec 2014
    SC492461 AR94 LTD 01 Dec 2014
    SC492513 MARBLE FASHION DESIGNS EUROPE LIMITED 02 Dec 2014
    SC492724 MARBLE FASHION DESIGNS DISTRIBUTION LIMITED 04 Dec 2014
    SC492902 HEAVY PETTING LTD 08 Dec 2014
    SC492952 IN A BUN DANCE LIMITED 08 Dec 2014
    SC493104 SCOTTISH EDGE 10 Dec 2014
    SC493361 DNH CAD LIMITED 15 Dec 2014
    SC493785 CENTRAL SCOTLAND HOME IMPROVEMENTS LTD 19 Dec 2014
    SC494068 MACDONALD SISTERS LTD 29 Dec 2014
    SC492365 RED LIBERTY MARKETING LTD 01 Dec 2014
    SC492444 INTUVI LTD 01 Dec 2014
    SC492543 CAPATAN WORLD LTD. 02 Dec 2014
    SC492547 CARIG NORTH LTD. 02 Dec 2014
    SC492549 TARIZA ALTO LTD. 02 Dec 2014
    SC492581 ENDZONE.IO LIMITED 02 Dec 2014
    SC492687 PERSONAL BEST GLASGOW LIMITED 03 Dec 2014
    SC492883 LREM LTD 08 Dec 2014
    SC492907 CORPORATE INTELLIGENCE ADVISORY COMPANY LIMITED 08 Dec 2014
    SC493067 CURA SCOTLAND LIMITED 10 Dec 2014
    SC493124 ROX CRYSTAL LIMITED 10 Dec 2014
    SC493125 THE PATRIOT SOCIETY 10 Dec 2014
    SC493175 STRUCTURED HOUSE (GREENMARKET) LIMITED 11 Dec 2014
    SC493177 STRUCTURED HOUSE (DERRYS CROSS) LIMITED 11 Dec 2014
    SC493190 POWERTRAIN SCOTLAND LIMITED 11 Dec 2014