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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

  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. 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 LondonUK
    201272,162253,150
    201163,969228,735
    % change12.8%10.7%
    Record Year2012 (72,162)2007 (279,097)
    New Companies by Half Year
  2. 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 LondonUK
    201235,330121,659
    201131,680112,344
    % change11.5%8.3%
    Record Year 2012 (35,330) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 201211,78912,65910,882
    New companies in 20119,65910,83611,185
    % change22.1%16.8%-2.7%
    Record Year2012 (11,789)2012 (12,659)2011 (11,185)

Closed Companies (dissolved)

  1. 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 LondonUK
    201240,402147,793
    201146,691162,310
    % change-13.5%-8.9%
    Record Year2009 (78,148)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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 LondonUK
    201222,13680,217
    201118,88071,324
    % change17.2%12.5%
    Record Year 2009 (47,834) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20126,9927,9387,206
    Closed companies in 20114,1148,0706,696
    % change70.0%-1.6%8%
    Record Year2009 (15,585)2009 (21,091)2009 (11,158)

Net Company Growth

  1. 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 LondonUK
    201231,760105,357
    201117,27866,425
    Record Year2007 (34,775)2007 (171,296)
    Net Growth by Half Year
  2. 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 LondonUK
    201213,19441,442
    201112,80041,020
    Record Year 2007 (15,369) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 20124,7974,7213,676
    Net growth in 20115,5452,7664,489
    Record Year2007 (6,705)2012 (4,721)2008 (6,677)

UK Company Share

  1. 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
    201228.5%
    201128.0%
    201027.0%
    200925.8%
    200825.1%
    Record Year (since 1960) 1999 (30.8%)
    Company Share by Half Year
  2. 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
    201229.0%
    201128.2%
    201027.6%
    200926.2%
    200825.7%
    Record Year (since 1960) 1998 (30.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 201228.8%29.1%29.3%
    UK formation share in 201128.0%28.4%28.2%
    % change2.8%2.4%3.9%
    Record Year1996 (29.7%)1998 (32.2%)1996 (31.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.80%CONSULTING5.07%
    LONDON2.88%MANAGEMENT4.74%
    MANAGEMENT2.77%CONSULTANCY3.28%
    TRADING2.06%PROPERTY2.35%
    CONSULTANCY1.83%TRADING2.10%
    GLOBAL1.60%DESIGN1.89%
    MEDIA1.52%ENGINEERING1.87%
    CAPITAL1.44%ASSOCIATES1.82%
    INVESTMENTS1.44%CONSULTANTS1.78%
    INTERNATIONAL1.42%CONSTRUCTION1.71%
    PROPERTY1.37%BUSINESS1.70%
    CO.,1.37%MEDIA1.69%
    BUSINESS1.19%LONDON1.68%
    CONSULTANTS1.12%J1.57%
    PRODUCTIONS1.05%GLOBAL1.51%
    ASSOCIATES1.05%INVESTMENTS1.48%
    DESIGN1.04%IT1.42%
    CONSTRUCTION0.95%CARE1.31%
    PROPERTIES0.92%PROPERTIES1.31%
    IT0.91%M1.26%
    PARTNERS0.87%ELECTRICAL1.23%
    GROUP0.83%BUILDING1.23%
    SECURITY0.82%SECURITY1.19%
    ENTERPRISES0.80%S1.18%
    INVEST0.77%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied80,260244,457
    7487 - Other business activities13,85047,029
    82990 - Other business support service activities not elsewhere classified11,07535,447
    99999 - Dormant Company9,91326,088
    9999 - Dormant Company6,28116,469
    70229 - Management consultancy activities other than financial management4,86520,390
    96090 - Other service activities not elsewhere classified4,33514,220
    62020 - Information technology consultancy activities4,13915,280
    7414 - Business & management consultancy2,82810,978
    74990 - Non-trading company2,6839,706
    9305 - Other service activities2,4517,926
    74909 - Other professional, scientific and technical activities not elsewhere classified2,34910,271
    62090 - Other information technology service activities2,3188,258
    7499 - Non-trading company1,9708,023
    7222 - Other software consultancy and supply1,9646,356
    7260 - Other computer related activities1,6626,456
    62012 - Business and domestic software development1,3694,742
    41100 - Development of building projects1,2245,149
    68209 - Other letting and operating of own or leased real estate1,1714,535
    64999 - Financial intermediation not elsewhere classified1,1683,151

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08016727 MIDLAND HAJJ & UMRAH SERVICES LIMITED 03 Apr 2012
    08016799 ADVANCE SCHEMES LIMITED 03 Apr 2012
    08018388 PLANET INVESTORS (UK) LIMITED 03 Apr 2012
    08018727 BANGLADESH CHARUSHILPI UK 04 Apr 2012
    08019150 PRYMOS LIMITED 04 Apr 2012
    08019550 FAST TRACK STUDENT CONSULTANCY LTD 04 Apr 2012
    08022494 SPICE MERCHANT (CUMBRIA) LTD 05 Apr 2012
    08023249 CRANBERRY WATERLOO LTD 10 Apr 2012
    08023543 G A TEKNO LIMITED 10 Apr 2012
    08023637 PORTRUSH LIMITED 10 Apr 2012
    08024056 HERBS AND SPICES LONDON LIMITED 10 Apr 2012
    08024219 STRAYT2U LTD 10 Apr 2012
    08024688 CANNON SPICE LTD 11 Apr 2012
    08025878 GEO GEE LIMITED 11 Apr 2012
    08027922 COMPLETE BUILD CO (LONDON) LIMITED 12 Apr 2012
    08028491 CLEVELAND & CO. SOLICITORS LTD 12 Apr 2012
    08029626 BR CITY LIMITED 13 Apr 2012
    08029684 CHARRING CROSS LIMITED 13 Apr 2012
    08031358 NOW PRESS PLAY LTD 16 Apr 2012
    08031957 PROGRESSIVE YOUTH ORGANISATION (UK) LTD 16 Apr 2012
    08033034 THE PLAY STUDIO LTD 17 Apr 2012
    08034826 SNOWDROPS (UK) LTD 18 Apr 2012
    08036173 GREATER BARISAL ASSOCIATION (UK) 18 Apr 2012
    08036209 AID 2 SYRIA LTD 18 Apr 2012
    08036564 SPICE MERCHANTS (LEMON STREET) LTD 18 Apr 2012