Greater London
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Greater London when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Greater London when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Greater London when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Greater London when compared to any previous December.
- November 2013 saw a new record in company registrations in Greater London when compared to any previous November.
- October 2013 saw a new record in company registrations in Greater London when compared to any previous October.
- December 2013 saw a new record in company closures in Greater London when compared to any previous December.
- October 2013 saw a new record in company closures in Greater London when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Greater London when compared to any year in history.
A total of 154,000 companies were formed in Greater London in 2013. This total is 8.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Greater London UK 2013 154,000 529,363 2012 142,139 491,893 2011 128,310 452,870 2010 110,798 400,358 2009 95,602 362,675 Record Year 2013 (154,000) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Greater London when compared to any previous second half year.
In the second half of 2013 a total of 76,091 companies were formed in Greater London. This figure is 8.7% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Greater London occurred in 2013 when a total of 76,091 were formed.
Half Year (Jul-Dec) Greater London UK 2013 76,091 259,931 2012 69,977 238,743 % change 8.7% 8.9% Record Year 2013 (76,091) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Greater London when compared to any previous Q4.
A total of 37,818 companies were registered in Greater London during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 6.3% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Greater London UK 2013 37,818 127,247 2012 35,586 119,875 % change 6.3% 6.1% Record Year 2013 (37,818) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Greater London when compared to any previous December.
November 2013 saw a new record in company registrations in Greater London when compared to any previous November.
October 2013 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 2013 14,484 12,875 10,459 New companies in 2012 13,316 12,805 9,465 % change 8.8% 0.5% 10.5% Record Year 2013 (14,484) 2013 (12,875) 2013 (10,459)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 92,923 companies were dissolved in Greater London in 2013. This total is 17.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Greater London UK 2013 92,923 332,213 2012 79,408 293,729 2011 87,599 314,524 2010 85,797 342,233 2009 132,494 533,789 Record Year 2009 (132,494) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 48,649 companies were dissolved in Greater London. This figure is 24.7% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 48,649 177,021 2012 39,016 145,935 % change 24.7% 21.3% Record Year 2009 (54,355) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 25,284 companies were dissolved in Greater London during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 33.7% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Greater London UK 2013 25,284 90,851 2012 18,915 70,027 % change 33.7% 29.7% Record Year 2013 (25,284) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Greater London when compared to any previous December.
October 2013 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 2013 9,731 7,297 8,256 Closed companies in 2012 8,994 5,684 4,237 % change 8.2% 28.4% 95% Record Year 2013 (9,731) 2011 (8,533) 2013 (8,256)
Net Company Growth
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Annual Data (2013)
A total of 61,077 companies were added to the company register for Greater London in 2013. This number represents growth of 39.7% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 1,654 companies lower 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 62,731 companies.
Year Greater London UK 2013 61,077 197,150 2012 62,731 198,164 2011 40,711 138,346 2010 25,001 58,125 2009 -36,892 -171,114 Record Year 2012 (62,731) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Greater London increased by 27,442 companies.
Half Year (Jul-Dec) Greater London UK 2013 27,442 82,910 2012 30,961 92,808 Record Year 2012 (30,961) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Greater London during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 12,534 companies.
fourth quarter (Oct 2013 - Dec 2013) Greater London UK 2013 12,534 36,396 2012 16,671 49,848 Record Year 2012 (16,671) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 4,753 5,578 2,203 Net growth in 2012 4,322 7,121 5,228 Record Year 2011 (6,051) 2012 (7,121) 2012 (5,228)
UK Company Share
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Annual Data (2013)
In 2013 Greater London formed 29.1% of all UK companies. This is an improvement on 2012 when Greater London was responsible for 28.9% of all UK companies.
Year Greater London 2013 29.1% 2012 28.9% 2011 28.3% 2010 27.7% 2009 26.4% Record Year (since 1960) 1998 (30.5%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Greater London formed 29.3% of all UK companies. This is the same as the 2012 figure of 29.3%.
Half Year (Jul-Dec) Greater London 2013 29.3% 2012 29.3% 2011 28.7% 2010 28.4% 2009 26.9% Record Year (since 1960) 1998 (30.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Greater London formed 29.7% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Greater London 2013 29.7% 2012 29.7% 2011 29.4% 2010 29.3% 2009 27.4% Record Year (since 1960) 1998 (30.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 29.2% 29.9% 30.3% UK formation share in 2012 28.9% 30.2% 30.1% % change 1.1% -1.2% 0.5% Record Year 1998 (31.8%) 1999 (31.1%) 2010 (31.0%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 42.0.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 41.6.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 41.5.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Greater London was 1990 when 27.9% of all directors were female.
The percentage of female directors in Greater London in 2013 was 23.6%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Greater London was 2012 when 23.8% of all directors were female.
23.3% of all director appointments in Greater London in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Greater London was in 2012 when 23.9% of all directors were female.
22.6% of all director appointments in Greater London in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.93% CONSULTING 5.22% LONDON 3.14% MANAGEMENT 4.72% MANAGEMENT 2.92% CONSULTANCY 3.45% CONSULTANCY 1.96% PROPERTY 2.59% TRADING 1.95% TRADING 2.08% GLOBAL 1.75% ENGINEERING 1.87% CAPITAL 1.64% LONDON 1.86% CO., 1.55% DESIGN 1.76% PROPERTY 1.54% CONSTRUCTION 1.73% INVESTMENTS 1.44% CARE 1.73% MEDIA 1.33% BUSINESS 1.71% INTERNATIONAL 1.27% CONSULTANTS 1.68% BUSINESS 1.20% GLOBAL 1.58% CONSTRUCTION 1.09% INVESTMENTS 1.56% DESIGN 1.09% PROPERTIES 1.54% CONSULTANTS 1.04% ASSOCIATES 1.53% PROPERTIES 1.01% J 1.51% ASSOCIATES 0.96% MEDIA 1.50% PRODUCTIONS 0.95% IT 1.35% PARTNERS 0.94% DEVELOPMENTS 1.23% IT 0.87% M 1.23% CARE 0.84% BUILDING 1.21% INVESTMENT 0.81% ELECTRICAL 1.20% ENTERPRISES 0.77% CAPITAL 1.19% CO 0.77% ENERGY 1.14%
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 89,071 266,814 82990 - Other business support service activities not elsewhere classified 21,703 55,342 99999 - Dormant Company 16,314 46,762 70229 - Management consultancy activities other than financial management 9,365 36,164 96090 - Other service activities not elsewhere classified 8,886 26,001 62020 - Information technology consultancy activities 7,786 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 4,378 18,034 74990 - Non-trading company 4,118 14,223 62090 - Other information technology service activities 3,843 12,511 62012 - Business and domestic software development 3,010 9,360 86900 - Other human health activities 2,379 9,543 68209 - Other letting and operating of own or leased real estate 2,292 8,733 41100 - Development of building projects 2,274 9,485 47910 - Retail sale via mail order houses or via Internet 2,200 8,879 69201 - Accounting and auditing activities 2,181 7,075 56101 - Licensed restaurants 2,136 7,685 68100 - Buying and selling of own real estate 2,045 5,656 64999 - Financial intermediation not elsewhere classified 1,925 5,309 68320 - Management of real estate on a fee or contract basis 1,651 5,236 90030 - Artistic creation 1,620 4,138
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08797957 MADHUBAN SWEETS LIMITED 02 Dec 2013 08798529 ALNERY NO. 3130 LIMITED 02 Dec 2013 08802197 SKAC SOLUTIONS LTD 04 Dec 2013 08804471 CALMSTREAM LIMITED 06 Dec 2013 08804566 A VAPTZAROVA LTD 06 Dec 2013 08804581 MARINEHOST LIMITED 06 Dec 2013 08805517 KADIMAN'S HEALTHCARE LTD 06 Dec 2013 08805634 TANDOORI NIGHT LONDON LIMITED 06 Dec 2013 08805635 DEXO LIMITED 06 Dec 2013 08805730 THE PROPERTY HUB (UK) LTD 06 Dec 2013 08806089 BANGLA LINK LIMITED 06 Dec 2013 08807778 LEAD PAINT SAFETY ASSOCIATION 09 Dec 2013 08808422 LONDON CHAUFFEUR TRANSFERS LIMITED 10 Dec 2013 08809958 SIMPLE TRADING (LDN) LIMITED 11 Dec 2013 08810836 KENSINGTON ESTATES (LONDON) LTD. 11 Dec 2013 08811089 TARUN CONSULTANCY LTD 11 Dec 2013 08811287 MSCI ESG RESEARCH (UK) LIMITED 11 Dec 2013 08812063 GLOBAL EDUCATION CONSULTANCY LTD 12 Dec 2013 08812234 LEAD RISK MANAGEMENT LTD 12 Dec 2013 08812347 WILDPALMS VINTAGE LIMITED 12 Dec 2013 08814217 XCLUSIVE ROOMS LTD 13 Dec 2013 08814720 MIX GRILL LIMITED 13 Dec 2013 08816279 THE TRAINING HUB LTD 16 Dec 2013 08816716 MV SERVICE COMPANY LTD 16 Dec 2013 08817001 EDWARDS ASSET PROTECTION LIMITED 16 Dec 2013
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