Glasgow, Lanarkshire

Q1 2015 Business Confidence Report

Headlines

  • March 2015 saw a new record in company registrations in Glasgow when compared to any previous March.
  • March 2015 was a record month for company registrations in Glasgow when compared to any month in history.
  • February 2015 saw a new record in company registrations in Glasgow when compared to any previous February.
  • March 2015 saw a new record in net growth in Glasgow when compared to any previous March.
  • February 2015 saw a new record in net growth in Glasgow when compared to any previous February.

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 (Q1 Jan-Mar 2015)

    A total of 2,174 companies were registered in Glasgow during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 0.8% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)GlasgowUK
    20152,174161,156
    20142,192150,722
    % change-0.8%6.9%
    Record Year 2014 (2,192) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Glasgow when compared to any previous March.

    March 2015 was a record month for company registrations in Glasgow when compared to any month in history.

    February 2015 saw a new record in company registrations in Glasgow when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015628735811
    New companies in 2014677707808
    % change-7.2%4.0%0.4%
    Record Year2014 (677)2015 (735)2015 (811)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 1,358 companies were dissolved in Glasgow during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 7.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)GlasgowUK
    20151,35889,523
    20141,46282,370
    % change-7.1%8.7%
    Record Year 2012 (1,692) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015602377379
    Closed companies in 2014516365581
    % change16.7%3.3%-35%
    Record Year2012 (751)2012 (473)2014 (581)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Glasgow during the first quarter of 2015 (Jan 2015 - Mar 2015) was 816 companies.

    first quarter (Jan 2015 - Mar 2015)GlasgowUK
    201581671,633
    201473068,352
    Record Year 2015 (816) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in net growth in Glasgow when compared to any previous March.

    February 2015 saw a new record in net growth in Glasgow when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201526358432
    Net growth in 2014161342227
    Record Year2007 (327)2015 (358)2015 (432)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Glasgow formed 1.3% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Glasgow
    20151.3%
    20141.5%
    20131.4%
    20121.4%
    20111.4%
    Record Year (since 1960) 1997 (2.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20151.3%1.4%1.3%
    UK formation share in 20141.4%1.5%1.5%
    % change-9.0%-4.2%-8.5%
    Record Year1997 (2.8%)1991 (2.5%)1985 (2.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.0.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Glasgow was in 2013 when 29.8% of all directors were female.

    23.6% of all director appointments in Glasgow in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.44%CONSULTING5.23%
    GLASGOW2.10%MANAGEMENT4.56%
    CONSULTING1.74%CONSULTANCY3.62%
    SCOTLAND1.66%PROPERTY2.72%
    CONSULTANCY1.58%CONSTRUCTION2.19%
    MANAGEMENT1.50%CARE2.13%
    ENGINEERING1.44%ENGINEERING2.12%
    PROPERTY1.02%LONDON1.91%
    ELECTRICAL0.93%TRADING1.88%
    PROPERTIES0.78%TRANSPORT1.82%
    CONSTRUCTION0.75%ELECTRICAL1.76%
    DESIGN0.73%DESIGN1.65%
    (GLASGOW)0.71%PROPERTIES1.63%
    INVESTMENTS0.71%CO.,1.58%
    TRADING0.69%J1.55%
    S0.65%CONSULTANTS1.54%
    BUSINESS0.65%BUSINESS1.49%
    GROUP0.63%INVESTMENTS1.49%
    CONTRACTS0.61%GLOBAL1.46%
    J0.61%ASSOCIATES1.44%
    ENERGY0.61%DEVELOPMENTS1.36%
    M0.56%BUILDING1.31%
    LEISURE0.55%IT1.30%
    CO0.54%MEDIA1.28%
    MARKETING0.54%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,874288,953
    82990 - Other business support service activities not elsewhere classified54058,522
    99999 - Dormant Company51349,474
    70229 - Management consultancy activities other than financial management42643,081
    96090 - Other service activities not elsewhere classified36029,218
    62020 - Information technology consultancy activities31630,825
    56103 - Take-away food shops and mobile food stands3038,607
    74909 - Other professional, scientific and technical activities not elsewhere classified29419,098
    68209 - Other letting and operating of own or leased real estate27411,600
    56101 - Licensed restaurants2598,909
    56302 - Public houses and bars1756,355
    71129 - Other engineering activities1686,278
    96020 - Hairdressing and other beauty treatment1676,815
    43999 - Other specialised construction activities not elsewhere classified1599,080
    74990 - Non-trading company15613,794
    56210 - Event catering activities1562,454
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1564,256
    62090 - Other information technology service activities15612,862
    86900 - Other human health activities13313,990
    47910 - Retail sale via mail order houses or via Internet13110,200

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC499295 MACCALLUMS OF TROON RETAIL LIMITED 02 Mar 2015
    SC499324 NEWS 24 HOURS LIMITED 02 Mar 2015
    SC499525 STRATHDUIEBAR LTD 04 Mar 2015
    SC499838 NORTHWEST ROOFING & BUILDING MAINTENANCE LIMITED 06 Mar 2015
    SC500477 HAMILTON CONSULTANCY LTD 13 Mar 2015
    SC500804 I LOVE CAPES LIMITED 18 Mar 2015
    SC501980 SERCO CALEDONIAN FERRIES LIMITED 30 Mar 2015
    SC499518 CIRCUS GLASGOW LIMITED 04 Mar 2015
    SC499564 COMMERCIAL ASSET SECURITY LIMITED 04 Mar 2015
    SC499687 LOUISE ANDERSON LTD. 05 Mar 2015
    SC499808 MORNRISE LIMITED 06 Mar 2015
    SC499824 INDEV CONSULT LTD 06 Mar 2015
    SC499914 VARIO TRADE SERVICES LIMITED 09 Mar 2015
    SC500083 PASSION PLACE LIMITED 10 Mar 2015
    SC500086 FIRST WALK LIMITED 10 Mar 2015
    SC500093 ADRAIL (SCOT) LIMITED 10 Mar 2015
    SC500111 DEK MAG COURIER LIMITED 10 Mar 2015
    SC500148 THE SHIELING SCOTCH WHISKY CO LTD 11 Mar 2015
    SC500288 CALEDONIAN CONSTRUCTION LIMITED 12 Mar 2015
    SC500303 THE WEDDING SUPPLIERS (SCOTLAND) LTD 12 Mar 2015
    SC500314 ROSE GOLD DRAGON LIMITED 12 Mar 2015
    SC500362 2 FLAMING HOT LIMITED 12 Mar 2015
    SC500450 KIK TRAVEL LTD 13 Mar 2015
    SC500551 MUNSTER MEDIA GROUP LTD 16 Mar 2015
    SC500571 DABANK MARKETING RESEARCH & ADVERTISEMENT LIMITED 16 Mar 2015