Greater London
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Greater London when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Greater London when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Greater London when compared to any previous Q4.
- December 2012 saw a new record in company registrations in Greater London when compared to any previous December.
- November 2012 saw a new record in company registrations in Greater London when compared to any previous November.
- October 2012 saw a new record in company registrations in Greater London when compared to any previous October.
- October 2012 saw a new record in company closures in Greater London when compared to any previous October.
- 2012 was a record year for net growth in Greater London when compared to any year in history.
- The second half of 2012 saw a new record in net growth in Greater London when compared to any previous second half year.
- Q4 2012 saw a new record in net growth in Greater London when compared to any previous Q4.
- December 2012 saw a new record in net growth in Greater London when compared to any previous December.
- November 2012 saw a new record in net growth in Greater London when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Greater London when compared to any year in history.
A total of 142,179 companies were formed in Greater London in 2012. This total is 10.8% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Greater London UK 2012 142,179 491,893 2011 128,310 452,870 2010 110,798 400,358 2009 95,602 362,675 2008 88,651 349,203 Record Year 2012 (142,179) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Greater London when compared to any previous second half year.
In the second half of 2012 a total of 70,017 companies were formed in Greater London. This figure is 8.8% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Greater London occurred in 2012 when a total of 70,017 were formed.
Half Year (Jul-Dec) Greater London UK 2012 70,017 238,743 2011 64,341 224,135 % change 8.8% 6.5% Record Year 2012 (70,017) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Greater London when compared to any previous Q4.
A total of 35,626 companies were registered in Greater London during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 10.7% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Greater London UK 2012 35,626 119,875 2011 32,186 109,623 % change 10.7% 9.4% Record Year 2012 (35,626) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in Greater London when compared to any previous December.
November 2012 saw a new record in company registrations in Greater London when compared to any previous November.
October 2012 saw a new record in company registrations in Greater London when compared to any previous October.
New Companies by Month
October November December New companies in 2012 13,316 12,812 9,498 New companies in 2011 11,226 11,863 9,097 % change 18.6% 8.0% 4.4% Record Year 2012 (13,316) 2012 (12,812) 2012 (9,498)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 79,407 companies were dissolved in Greater London in 2012. This total is 9.4% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year Greater London UK 2012 79,407 293,728 2011 87,599 314,524 2010 85,797 342,233 2009 132,493 533,787 2008 59,210 237,873 Record Year 2009 (132,493) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 39,015 companies were dissolved in Greater London. This figure is 4.6% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in Greater London occurred in 2009 when a total of 54,355 were closed.
Half Year (Jul-Dec) Greater London UK 2012 39,015 145,934 2011 40,914 152,213 % change -4.6% -4.1% Record Year 2009 (54,355) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 18,914 companies were dissolved in Greater London during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 11.9% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Greater London UK 2012 18,914 70,026 2011 21,473 79,983 % change -11.9% -12.4% Record Year 2009 (22,477) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Greater London when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 8,994 5,684 4,236 Closed companies in 2011 5,175 8,533 7,765 % change 73.8% -33.4% -45% Record Year 2012 (8,994) 2011 (8,533) 2009 (8,034)
Net Company Growth
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Annual Data (2012)
2012 was a record year for net growth in Greater London when compared to any year in history.
A total of 62,772 companies were added to the company register for Greater London in 2012. This number represents growth of 48.9% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 22,061 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Greater London company register grew by 62,772 companies.
Year Greater London UK 2012 62,772 198,165 2011 40,711 138,346 2010 25,001 58,125 2009 -36,891 -171,112 2008 29,441 111,330 Record Year 2012 (62,772) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in net growth in Greater London when compared to any previous second half year.
In the second half of 2012 the company register for Greater London increased by 31,002 companies.
Half Year (Jul-Dec) Greater London UK 2012 31,002 92,809 2011 23,427 71,922 Record Year 2012 (31,002) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in net growth in Greater London when compared to any previous Q4.
Net company growth for Greater London during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 16,712 companies.
fourth quarter (Oct 2012 - Dec 2012) Greater London UK 2012 16,712 49,849 2011 10,713 29,640 Record Year 2012 (16,712) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in net growth in Greater London when compared to any previous December.
November 2012 saw a new record in net growth in Greater London when compared to any previous November.
Net Growth by Month
October November December Net growth in 2012 4,322 7,128 5,262 Net growth in 2011 6,051 3,330 1,332 Record Year 2011 (6,051) 2012 (7,128) 2012 (5,262)
UK Company Share
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Annual Data (2012)
In 2012 Greater London formed 28.9% of all UK companies. This is an improvement on 2011 when Greater London was responsible for 28.3% of all UK companies.
Year Greater London 2012 28.9% 2011 28.3% 2010 27.7% 2009 26.4% 2008 25.4% Record Year (since 1960) 1998 (30.5%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Greater London formed 29.3% of all UK companies. This is more than the 2011 figure of 28.7%.
Half Year (Jul-Dec) Greater London 2012 29.3% 2011 28.7% 2010 28.4% 2009 26.9% 2008 25.7% Record Year (since 1960) 1998 (30.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Greater London formed 29.7% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Greater London 2012 29.7% 2011 29.4% 2010 29.3% 2009 27.4% 2008 25.9% Record Year (since 1960) 1998 (30.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 28.9% 30.2% 30.2% UK formation share in 2011 29.0% 29.4% 29.7% % change -0.3% 2.8% 1.6% Record Year 1998 (31.8%) 1999 (31.1%) 2010 (31.0%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 41.2.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 40.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 40.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Greater London was 1860 when 35.7% of all directors were female.
The percentage of female directors in Greater London in 2012 was 21.9%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Greater London was 1860 when 42.9% of all directors were female.
23.7% of all director appointments in Greater London in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Greater London was in 1977 when 31.2% of all directors were female.
23.8% of all director appointments in Greater London in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.88% CONSULTING 5.15% MANAGEMENT 2.87% MANAGEMENT 4.78% LONDON 2.83% CONSULTANCY 3.31% TRADING 1.96% PROPERTY 2.40% CONSULTANCY 1.91% TRADING 2.03% GLOBAL 1.72% DESIGN 1.86% MEDIA 1.49% ASSOCIATES 1.82% CAPITAL 1.46% ENGINEERING 1.79% PROPERTY 1.44% BUSINESS 1.76% INVESTMENTS 1.34% CONSULTANTS 1.75% INTERNATIONAL 1.30% CONSTRUCTION 1.69% CO., 1.28% LONDON 1.69% BUSINESS 1.27% MEDIA 1.69% CONSULTANTS 1.21% GLOBAL 1.59% DESIGN 1.09% J 1.57% ASSOCIATES 1.04% INVESTMENTS 1.46% PRODUCTIONS 1.02% IT 1.43% CONSTRUCTION 1.01% CARE 1.39% IT 0.98% PROPERTIES 1.34% PARTNERS 0.92% M 1.26% PROPERTIES 0.89% BUILDING 1.23% ENTERPRISES 0.87% ENTERPRISES 1.21% SECURITY 0.82% TRAINING 1.18% GROUP 0.77% ELECTRICAL 1.17% CO 0.76% SECURITY 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 78,920 236,139 82990 - Other business support service activities not elsewhere classified 17,640 52,427 99999 - Dormant Company 15,087 40,648 70229 - Management consultancy activities other than financial management 7,485 30,396 96090 - Other service activities not elsewhere classified 7,003 22,058 62020 - Information technology consultancy activities 6,478 23,256 74990 - Non-trading company 3,997 13,808 74909 - Other professional, scientific and technical activities not elsewhere classified 3,707 15,572 62090 - Other information technology service activities 3,550 12,291 7487 - Other business activities 3,485 10,703 62012 - Business and domestic software development 2,217 7,446 41100 - Development of building projects 1,997 7,980 68209 - Other letting and operating of own or leased real estate 1,889 6,971 86900 - Other human health activities 1,824 7,866 56101 - Licensed restaurants 1,815 6,400 9999 - Dormant Company 1,800 4,599 69201 - Accounting and auditing activities 1,777 6,177 64999 - Financial intermediation not elsewhere classified 1,670 4,537 68100 - Buying and selling of own real estate 1,610 4,752 68320 - Management of real estate on a fee or contract basis 1,464 4,936
Recent Companies
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Randomly selected companies from this quarter
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