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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
    07970883 REGAL PICTURES LIMITED 01 Mar 2012
    07971116 EMEA CONNECT LIMITED 01 Mar 2012
    07971574 MOCTOPIA LIMITED 01 Mar 2012
    07973344 DOTPRINTUK LTD 02 Mar 2012
    07974336 LAETITIA LARAVOIRE LIMITED 02 Mar 2012
    07975027 BAOYKHOLA UK LTD 05 Mar 2012
    07975857 CLUB DELI LIMITED 05 Mar 2012
    07977595 NADIR KEBAB LTD 06 Mar 2012
    07977883 FINAGRA CHARITY LIMITED 06 Mar 2012
    07978811 S K ACCOUNTANCY GLOBAL LIMITED 06 Mar 2012
    07980899 FINANCIAL EXECUTIVE SEARCH LIMITED 07 Mar 2012
    07981396 CUSTOM JACKETS LIMITED 08 Mar 2012
    07981707 BAISHAKI TRAVELS AND CARGO LTD 08 Mar 2012
    07983067 OCEANASSIST LIMITED 09 Mar 2012
    07985036 SRS LONDON ENTERPRISE LTD 12 Mar 2012
    07985235 CAREERSTREAM LTD 12 Mar 2012
    07986668 FONDAZIONE CLUB IN. LTD. 12 Mar 2012
    07987505 SHAHBRO LTD 13 Mar 2012
    07987713 IKSHOREDITCH LTD 13 Mar 2012
    07993332 TIMBERGRAM LIMITED 16 Mar 2012
    07993422 ASIA PACIFIC PROPERTIES UK LIMITED 16 Mar 2012
    07994158 INSITE CAPITAL PARTNERS LTD 16 Mar 2012
    07994256 HENSHALL ACTUARIAL LIMITED 16 Mar 2012
    07996628 PFDK CINEMA LIMITED 19 Mar 2012
    07996871 IMAGINE CONSULTANCY & SERVICE LIMITED 20 Mar 2012