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Greater London

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Greater London when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Greater London when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Greater London when compared to any previous February.
  • January 2012 saw a new record in company registrations in Greater London when compared to any previous January.
  • February 2012 saw a new record in net growth in Greater London when compared to any previous February.
  • January 2012 saw a new record in net growth in Greater London when compared to any previous January.

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 2012)

    Q1 2012 saw a new record in company registrations in Greater London when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Greater London when compared to any quarter in history.

    A total of 36,832 companies were registered in Greater London during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 14.1% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)Greater LondonUK
    201236,832131,491
    201132,289116,391
    % change14.1%13.0%
    Record Year 2012 (36,832) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Greater London when compared to any previous February.

    January 2012 saw a new record in company registrations in Greater London when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201211,01112,61413,207
    New companies in 20119,61410,44912,226
    % change14.5%20.7%8.0%
    Record Year2012 (11,011)2012 (12,614)2007 (15,821)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 18,266 companies were dissolved in Greater London during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 34.3% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)Greater LondonUK
    201218,26667,576
    201127,81190,986
    % change-34.3%-25.7%
    Record Year 2009 (30,314) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20126,3876,1725,707
    Closed companies in 20119,17011,1617,480
    % change-30.3%-44.7%-24%
    Record Year2011 (9,170)2011 (11,161)2009 (20,439)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Greater London during the first quarter of 2012 (Jan 2012 - Mar 2012) was 18,566 companies.

    first quarter (Jan 2012 - Mar 2012)Greater LondonUK
    201218,56663,915
    20114,47825,405
    Record Year 2007 (19,406) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in Greater London when compared to any previous February.

    January 2012 saw a new record in net growth in Greater London when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20124,6246,4427,500
    Net growth in 2011444-7124,746
    Record Year2012 (4,624)2012 (6,442)2007 (10,308)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Greater London formed 28.0% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Greater London
    201228.0%
    201127.7%
    201026.4%
    200925.4%
    200824.5%
    Record Year (since 1960) 1999 (30.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 201227.9%28.6%27.5%
    UK formation share in 201128.5%27.7%27.3%
    % change-1.8%3.3%1.1%
    Record Year1999 (31.4%)2000 (29.9%)1999 (31.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 40.5.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Greater London was in 1861 when 40.0% of all directors were female.

    23.8% of all director appointments in Greater London in the first quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.83%CONSULTING5.07%
    MANAGEMENT2.91%MANAGEMENT4.74%
    LONDON2.85%CONSULTANCY3.30%
    TRADING2.04%PROPERTY2.37%
    CONSULTANCY1.85%TRADING2.07%
    GLOBAL1.62%DESIGN1.93%
    MEDIA1.55%ENGINEERING1.86%
    CAPITAL1.49%ASSOCIATES1.84%
    INVESTMENTS1.48%CONSULTANTS1.79%
    INTERNATIONAL1.45%BUSINESS1.73%
    PROPERTY1.39%MEDIA1.72%
    CO.,1.29%CONSTRUCTION1.72%
    BUSINESS1.22%LONDON1.66%
    CONSULTANTS1.11%J1.54%
    DESIGN1.09%INVESTMENTS1.51%
    ASSOCIATES1.08%GLOBAL1.50%
    PRODUCTIONS1.07%IT1.40%
    CONSTRUCTION0.97%CARE1.34%
    INVEST0.96%PROPERTIES1.31%
    IT0.91%ELECTRICAL1.27%
    PROPERTIES0.91%M1.27%
    PARTNERS0.90%BUILDING1.24%
    GROUP0.89%ENERGY1.20%
    ENTERPRISES0.81%S1.20%
    SECURITY0.80%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied71,713216,665
    7487 - Other business activities15,42452,735
    82990 - Other business support service activities not elsewhere classified10,65535,233
    99999 - Dormant Company9,37825,084
    9999 - Dormant Company7,15318,617
    70229 - Management consultancy activities other than financial management4,61819,704
    96090 - Other service activities not elsewhere classified4,11813,637
    62020 - Information technology consultancy activities3,86514,303
    7414 - Business & management consultancy3,11612,113
    9305 - Other service activities2,7438,818
    74990 - Non-trading company2,6159,729
    74909 - Other professional, scientific and technical activities not elsewhere classified2,2259,892
    7499 - Non-trading company2,2049,102
    62090 - Other information technology service activities2,1908,145
    7222 - Other software consultancy and supply2,1336,934
    7260 - Other computer related activities1,8467,154
    5530 - Restaurants1,3174,633
    62012 - Business and domestic software development1,2544,356
    64999 - Financial intermediation not elsewhere classified1,1703,136
    41100 - Development of building projects1,1504,984

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07895196 FOCUS ACADEMY LONDON LTD 03 Jan 2012
    07896455 LITMOND LIMITED 04 Jan 2012
    07897490 SAZ TECHNOLOGIES UK LTD 04 Jan 2012
    07897811 ANFAL CONSULTANCY LTD 05 Jan 2012
    07898179 EUROPEAN SUPPLY LIMITED 05 Jan 2012
    07898597 CHARTERMED LIMITED 05 Jan 2012
    07899788 ONLINE SPORTS MEDIA LTD 06 Jan 2012
    07900585 ERN MEDIA LIMITED 06 Jan 2012
    07901620 MOSAIC BUILD LTD 09 Jan 2012
    07901918 UNIQUE TRAVELS & CARGO LTD 09 Jan 2012
    07903276 SKY EXPRESS TRAVEL AND TOURS LTD 10 Jan 2012
    07904089 OSRA INTERNATIONAL LIMITED 10 Jan 2012
    07904133 TDL PROPERTIES LIMITED 10 Jan 2012
    07904399 MARINECOAST LIMITED 10 Jan 2012
    07904854 FERTILITY OPTIONS DUBLIN 10 Jan 2012
    07904898 MARINEGLOBE LIMITED 10 Jan 2012
    07904908 GOLDSHARES LIMITED 10 Jan 2012
    07904957 HAQUE & HAUSMANN SOLICITORS LIMITED 10 Jan 2012
    07905086 PETROROCK LTD 11 Jan 2012
    07905923 DATACOM SERVICES (UK) LTD 11 Jan 2012
    07907293 MAISON ENNISMORE LIMITED 12 Jan 2012
    07908731 MILLNDOLL PRODUCTIONS LTD 13 Jan 2012
    07909466 WOLF CONSULTING LIMITED 13 Jan 2012
    07912595 BRIT HEART LTD 17 Jan 2012
    07912688 INFINITAS PRINTING LTD 17 Jan 2012