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
New Company Registrations
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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) Glasgow UK 2015 2,174 161,156 2014 2,192 150,722 % change -0.8% 6.9% Record Year 2014 (2,192) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 628 735 811 New companies in 2014 677 707 808 % change -7.2% 4.0% 0.4% Record Year 2014 (677) 2015 (735) 2015 (811)
Closed Companies (dissolved)
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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) Glasgow UK 2015 1,358 89,523 2014 1,462 82,370 % change -7.1% 8.7% Record Year 2012 (1,692) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 602 377 379 Closed companies in 2014 516 365 581 % change 16.7% 3.3% -35% Record Year 2012 (751) 2012 (473) 2014 (581)
Net Company Growth
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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) Glasgow UK 2015 816 71,633 2014 730 68,352 Record Year 2015 (816) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 26 358 432 Net growth in 2014 161 342 227 Record Year 2007 (327) 2015 (358) 2015 (432)
UK Company Share
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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 2015 1.3% 2014 1.5% 2013 1.4% 2012 1.4% 2011 1.4% Record Year (since 1960) 1997 (2.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 1.3% 1.4% 1.3% UK formation share in 2014 1.4% 1.5% 1.5% % change -9.0% -4.2% -8.5% Record Year 1997 (2.8%) 1991 (2.5%) 1985 (2.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 2.44% CONSULTING 5.23% GLASGOW 2.10% MANAGEMENT 4.56% CONSULTING 1.74% CONSULTANCY 3.62% SCOTLAND 1.66% PROPERTY 2.72% CONSULTANCY 1.58% CONSTRUCTION 2.19% MANAGEMENT 1.50% CARE 2.13% ENGINEERING 1.44% ENGINEERING 2.12% PROPERTY 1.02% LONDON 1.91% ELECTRICAL 0.93% TRADING 1.88% PROPERTIES 0.78% TRANSPORT 1.82% CONSTRUCTION 0.75% ELECTRICAL 1.76% DESIGN 0.73% DESIGN 1.65% (GLASGOW) 0.71% PROPERTIES 1.63% INVESTMENTS 0.71% CO., 1.58% TRADING 0.69% J 1.55% S 0.65% CONSULTANTS 1.54% BUSINESS 0.65% BUSINESS 1.49% GROUP 0.63% INVESTMENTS 1.49% CONTRACTS 0.61% GLOBAL 1.46% J 0.61% ASSOCIATES 1.44% ENERGY 0.61% DEVELOPMENTS 1.36% M 0.56% BUILDING 1.31% LEISURE 0.55% IT 1.30% CO 0.54% MEDIA 1.28% MARKETING 0.54% M 1.27%
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 4,874 288,953 82990 - Other business support service activities not elsewhere classified 540 58,522 99999 - Dormant Company 513 49,474 70229 - Management consultancy activities other than financial management 426 43,081 96090 - Other service activities not elsewhere classified 360 29,218 62020 - Information technology consultancy activities 316 30,825 56103 - Take-away food shops and mobile food stands 303 8,607 74909 - Other professional, scientific and technical activities not elsewhere classified 294 19,098 68209 - Other letting and operating of own or leased real estate 274 11,600 56101 - Licensed restaurants 259 8,909 56302 - Public houses and bars 175 6,355 71129 - Other engineering activities 168 6,278 96020 - Hairdressing and other beauty treatment 167 6,815 43999 - Other specialised construction activities not elsewhere classified 159 9,080 74990 - Non-trading company 156 13,794 56210 - Event catering activities 156 2,454 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 156 4,256 62090 - Other information technology service activities 156 12,862 86900 - Other human health activities 133 13,990 47910 - Retail sale via mail order houses or via Internet 131 10,200
Recent Companies
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Randomly selected companies from this quarter
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