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Greater London

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Greater London when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in Greater London when compared to any previous September.
  • August 2012 saw a new record in company registrations in Greater London when compared to any previous August.
  • July 2012 saw a new record in company registrations in Greater London when compared to any previous July.
  • July 2012 saw a new record in company closures in Greater London when compared to any previous July.
  • Q3 2012 saw a new record in net growth in Greater London when compared to any previous Q3.
  • September 2012 saw a new record in net growth in Greater London when compared to any previous September.
  • August 2012 saw a new record in net growth in Greater London when compared to any previous August.

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 (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Greater London when compared to any previous Q3.

    A total of 34,391 companies were registered in Greater London during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 7.0% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)Greater LondonUK
    201234,391118,868
    201132,155114,512
    % change7.0%3.8%
    Record Year 2012 (34,391) 2012 (118,868)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 201212,34310,71811,330
    New companies in 201110,60610,65510,894
    % change16.4%0.6%4.0%
    Record Year2012 (12,343)2012 (10,718)2012 (11,330)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 19,770 companies were dissolved in Greater London during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 1.7% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)Greater LondonUK
    201219,77074,772
    201119,43972,230
    % change1.7%3.5%
    Record Year 2009 (31,880) 2009 (159,401)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2012)

    July 2012 saw a new record in company closures in Greater London when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20127,0797,0745,617
    Closed companies in 20116,2417,1286,070
    % change13.4%-0.8%-7%
    Record Year2012 (7,079)2008 (14,493)2009 (15,792)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in net growth in Greater London when compared to any previous Q3.

    Net company growth for Greater London during the third quarter of 2012 (Jul 2012 - Sep 2012) was 14,621 companies.

    third quarter (Jul 2012 - Sep 2012)Greater LondonUK
    201214,62144,096
    201112,71642,282
    Record Year 2012 (14,621) 2003 (60,597)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20125,2643,6445,713
    Net growth in 20114,3653,5274,824
    Record Year2008 (5,835)2012 (3,644)2012 (5,713)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, Greater London formed 28.9% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)Greater London
    201228.9%
    201128.1%
    201027.6%
    200926.5%
    200825.6%
    Record Year (since 1960) 1998 (30.6%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201229.8%28.1%28.8%
    UK formation share in 201128.6%27.7%28.0%
    % change4.5%1.4%2.9%
    Record Year2001 (30.9%)1998 (31.1%)1998 (31.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 39.8.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Greater London was in 1862 when 50.0% of all directors were female.

    23.8% of all director appointments in Greater London in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.83%CONSULTING5.06%
    LONDON2.83%MANAGEMENT4.77%
    MANAGEMENT2.81%CONSULTANCY3.29%
    TRADING2.06%PROPERTY2.36%
    CONSULTANCY1.84%TRADING2.08%
    GLOBAL1.65%DESIGN1.87%
    MEDIA1.48%ASSOCIATES1.83%
    CAPITAL1.41%ENGINEERING1.83%
    INVESTMENTS1.40%CONSULTANTS1.76%
    PROPERTY1.40%BUSINESS1.72%
    CO.,1.38%CONSTRUCTION1.70%
    INTERNATIONAL1.37%MEDIA1.68%
    BUSINESS1.25%LONDON1.67%
    CONSULTANTS1.18%J1.55%
    DESIGN1.07%GLOBAL1.54%
    ASSOCIATES1.06%INVESTMENTS1.47%
    PRODUCTIONS1.04%IT1.43%
    CONSTRUCTION0.97%PROPERTIES1.34%
    IT0.94%CARE1.32%
    PARTNERS0.91%M1.27%
    PROPERTIES0.91%BUILDING1.22%
    ENTERPRISES0.88%ENTERPRISES1.21%
    GROUP0.82%ELECTRICAL1.20%
    SECURITY0.80%S1.17%
    INVESTMENT0.73%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied75,851228,243
    82990 - Other business support service activities not elsewhere classified16,19150,446
    99999 - Dormant Company14,08237,912
    70229 - Management consultancy activities other than financial management7,01828,990
    96090 - Other service activities not elsewhere classified6,44820,742
    62020 - Information technology consultancy activities6,10321,969
    7487 - Other business activities5,18616,361
    74990 - Non-trading company3,89513,641
    74909 - Other professional, scientific and technical activities not elsewhere classified3,49614,809
    62090 - Other information technology service activities3,40311,950
    9999 - Dormant Company2,7156,793
    62012 - Business and domestic software development2,0266,943
    41100 - Development of building projects1,8877,545
    68209 - Other letting and operating of own or leased real estate1,7376,519
    86900 - Other human health activities1,7117,550
    56101 - Licensed restaurants1,6926,004
    69201 - Accounting and auditing activities1,6605,935
    64999 - Financial intermediation not elsewhere classified1,6184,362
    68100 - Buying and selling of own real estate1,5484,518
    68320 - Management of real estate on a fee or contract basis1,3804,786

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08166183 GLOBAL FASHION SOURCING LTD 02 Aug 2012
    08167028 LEXUS TRADERS LTD 03 Aug 2012
    08167182 PRADE PICTURES LTD 03 Aug 2012
    08168402 XPERTIZ LIMITED 06 Aug 2012
    08169768 LITTLE INDIA FOOD AND DRINKS (UK) LTD 06 Aug 2012
    08170130 NEXUS STRATEGY (UK) LIMITED 07 Aug 2012
    08170797 YASIN'S CHICKEN & KEBAB LTD 07 Aug 2012
    OC377472 GREENSEA CAPITAL LLP 07 Aug 2012
    08171699 LCM DIMENSIONS LTD 08 Aug 2012
    08172853 JKP FREELANCE LTD 08 Aug 2012
    08174107 DK-CM LIMITED 09 Aug 2012
    08174611 MARINEBAND LIMITED 09 Aug 2012
    08174727 COASTBRAND LIMITED 10 Aug 2012
    08174729 CRESTCORD LIMITED 10 Aug 2012
    08174969 AES CRITICAL ENGINEERING SOLUTIONS LTD 10 Aug 2012
    08177908 MSCI UK HOLDINGS LIMITED 13 Aug 2012
    08179506 S & S INNOVATIVE LTD 14 Aug 2012
    08179884 EXQUISITE RECRUITMENT LTD 14 Aug 2012
    08179941 GREEN FINANCE UK LIMITED 14 Aug 2012
    08180372 LEXMEDICO LIMITED 15 Aug 2012
    08180569 RP ENTERPRISES (LONDON) LIMITED 15 Aug 2012
    08180667 ALLES CONSULTING LIMITED 15 Aug 2012
    08180794 GREATER GABBARD OFTO INTERMEDIATE LIMITED 15 Aug 2012
    08182673 GLOWING WORLD LIMITED 16 Aug 2012
    08182758 BLUE BENGAL LIMITED 16 Aug 2012

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