Greater London
2012 Half Year Business Confidence Report
Headlines
- The first half of 2012 saw a new record in company registrations in Greater London when compared to any previous first half year.
- The first half of 2012 was a record first half year for company registrations in Greater London when compared to any half year in history.
- Q2 2012 saw a new record in company registrations in Greater London when compared to any previous Q2.
- May 2012 saw a new record in company registrations in Greater London when compared to any previous May.
- April 2012 saw a new record in company registrations in Greater London when compared to any previous April.
- May 2012 saw a new record in net growth in Greater London when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
The first half of 2012 saw a new record in company registrations in Greater London when compared to any previous first half year.
The first half of 2012 was a record first half year for company registrations in Greater London when compared to any half year in history.
In the first half of 2012 a total of 72,162 companies were formed in Greater London. This figure is 12.8% higher than last year, which compares well to the UK wide figure of 10.7%.
The highest total for a first half year in Greater London occurred in 2012 when a total of 72,162 were formed.
Half Year (Jan-Jun) Greater London UK 2012 72,162 253,150 2011 63,969 228,735 % change 12.8% 10.7% Record Year 2012 (72,162) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Q2 2012 saw a new record in company registrations in Greater London when compared to any previous Q2.
A total of 35,330 companies were registered in Greater London during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 11.5% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Greater London UK 2012 35,330 121,659 2011 31,680 112,344 % change 11.5% 8.3% Record Year 2012 (35,330) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in Greater London when compared to any previous May.
April 2012 saw a new record in company registrations in Greater London when compared to any previous April.
New Companies by Month
April May June New companies in 2012 11,789 12,659 10,882 New companies in 2011 9,659 10,836 11,185 % change 22.1% 16.8% -2.7% Record Year 2012 (11,789) 2012 (12,659) 2011 (11,185)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 40,402 companies were dissolved in Greater London. This figure is 13.5% lower than last year, which compares well to the UK wide change of -8.9%.
The highest total for a first half year in Greater London occurred in 2009 when a total of 78,148 were closed.
Half Year (Jan-Jun) Greater London UK 2012 40,402 147,793 2011 46,691 162,310 % change -13.5% -8.9% Record Year 2009 (78,148) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 22,136 companies were dissolved in Greater London during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 17.2% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Greater London UK 2012 22,136 80,217 2011 18,880 71,324 % change 17.2% 12.5% Record Year 2009 (47,834) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 6,992 7,938 7,206 Closed companies in 2011 4,114 8,070 6,696 % change 70.0% -1.6% 8% Record Year 2009 (15,585) 2009 (21,091) 2009 (11,158)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Greater London increased by 31,760 companies.
Half Year (Jan-Jun) Greater London UK 2012 31,760 105,357 2011 17,278 66,425 Record Year 2007 (34,775) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Greater London during the second quarter of 2012 (Apr 2012 - Jun 2012) was 13,194 companies.
second quarter (Apr 2012 - Jun 2012) Greater London UK 2012 13,194 41,442 2011 12,800 41,020 Record Year 2007 (15,369) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in net growth in Greater London when compared to any previous May.
Net Growth by Month
April May June Net growth in 2012 4,797 4,721 3,676 Net growth in 2011 5,545 2,766 4,489 Record Year 2007 (6,705) 2012 (4,721) 2008 (6,677)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Greater London formed 28.5% of all UK companies. This is more than the 2011 figure of 28.0%.
Half Year (Jan-Jun) Greater London 2012 28.5% 2011 28.0% 2010 27.0% 2009 25.8% 2008 25.1% Record Year (since 1960) 1999 (30.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Greater London formed 29.0% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Greater London 2012 29.0% 2011 28.2% 2010 27.6% 2009 26.2% 2008 25.7% Record Year (since 1960) 1998 (30.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 28.8% 29.1% 29.3% UK formation share in 2011 28.0% 28.4% 28.2% % change 2.8% 2.4% 3.9% Record Year 1996 (29.7%) 1998 (32.2%) 1996 (31.1%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 40.3.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 40.1.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Greater London was 1861 when 40.0% of all directors were female.
22.3% of all director appointments in Greater London in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Greater London was in 1866 when 57.1% of all directors were female.
23.4% of all director appointments in Greater London in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.80% CONSULTING 5.07% LONDON 2.88% MANAGEMENT 4.74% MANAGEMENT 2.77% CONSULTANCY 3.28% TRADING 2.06% PROPERTY 2.35% CONSULTANCY 1.83% TRADING 2.10% GLOBAL 1.60% DESIGN 1.89% MEDIA 1.52% ENGINEERING 1.87% CAPITAL 1.44% ASSOCIATES 1.82% INVESTMENTS 1.44% CONSULTANTS 1.78% INTERNATIONAL 1.42% CONSTRUCTION 1.71% PROPERTY 1.37% BUSINESS 1.70% CO., 1.37% MEDIA 1.69% BUSINESS 1.19% LONDON 1.68% CONSULTANTS 1.12% J 1.57% PRODUCTIONS 1.05% GLOBAL 1.51% ASSOCIATES 1.05% INVESTMENTS 1.48% DESIGN 1.04% IT 1.42% CONSTRUCTION 0.95% CARE 1.31% PROPERTIES 0.92% PROPERTIES 1.31% IT 0.91% M 1.26% PARTNERS 0.87% ELECTRICAL 1.23% GROUP 0.83% BUILDING 1.23% SECURITY 0.82% SECURITY 1.19% ENTERPRISES 0.80% S 1.18% INVEST 0.77% ENTERPRISES 1.17%
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 80,260 244,457 7487 - Other business activities 13,850 47,029 82990 - Other business support service activities not elsewhere classified 11,075 35,447 99999 - Dormant Company 9,913 26,088 9999 - Dormant Company 6,281 16,469 70229 - Management consultancy activities other than financial management 4,865 20,390 96090 - Other service activities not elsewhere classified 4,335 14,220 62020 - Information technology consultancy activities 4,139 15,280 7414 - Business & management consultancy 2,828 10,978 74990 - Non-trading company 2,683 9,706 9305 - Other service activities 2,451 7,926 74909 - Other professional, scientific and technical activities not elsewhere classified 2,349 10,271 62090 - Other information technology service activities 2,318 8,258 7499 - Non-trading company 1,970 8,023 7222 - Other software consultancy and supply 1,964 6,356 7260 - Other computer related activities 1,662 6,456 62012 - Business and domestic software development 1,369 4,742 41100 - Development of building projects 1,224 5,149 68209 - Other letting and operating of own or leased real estate 1,171 4,535 64999 - Financial intermediation not elsewhere classified 1,168 3,151
Recent Companies
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Randomly selected companies from this quarter
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