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Greater London

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Greater London when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Greater London when compared to any half year in history.
  • The first half of 2014 saw a new record in company registrations in Greater London when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Greater London when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Greater London when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Greater London when compared to any quarter in history.
  • Q2 2014 saw a new record in company registrations in Greater London when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Greater London when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Greater London when compared to any previous June.
  • May 2014 saw a new record in company registrations in Greater London when compared to any previous May.
  • April 2014 saw a new record in company registrations in Greater London when compared to any previous April.
  • June 2014 saw a new record in company registrations in Greater London when compared to any previous June.
  • May 2014 saw a new record in company registrations in Greater London when compared to any previous May.
  • April 2014 saw a new record in company registrations in Greater London when compared to any previous April.
  • The first half of 2014 saw a new record in net growth in Greater London when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Greater London when compared to any half year in history.
  • The first half of 2014 saw a new record in net growth in Greater London when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Greater London when compared to any half year in history.
  • April 2014 saw a new record in net growth in Greater London when compared to any previous April.
  • April 2014 saw a new record in net growth in Greater London when compared to any previous April.

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 2014)

    The first half of 2014 saw a new record in company registrations in Greater London when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Greater London when compared to any half year in history.

    The first half of 2014 saw a new record in company registrations in Greater London when compared to any previous first half year.

    The first half of 2014 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 2014 a total of 87,013 companies were formed in Greater London. This figure is 11.7% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Greater London occurred in 2014 when a total of 87,013 were formed.

    Half Year (Jan-Jun)Greater LondonUK
    201487,013300,731
    201377,909269,432
    % change11.7%11.6%
    Record Year2014 (87,013)2014 (300,731)

    In the first half of 2014 a total of 87,013 companies were formed in Greater London. This figure is 11.7% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Greater London occurred in 2014 when a total of 87,013 were formed.

    Half Year (Jan-Jun)Greater LondonUK
    201487,013300,731
    201377,909269,432
    % change11.7%11.6%
    Record Year2014 (87,013)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Greater London when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Greater London when compared to any quarter in history.

    Q2 2014 saw a new record in company registrations in Greater London when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Greater London when compared to any quarter in history.

    A total of 43,646 companies were registered in Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 11.8% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201443,646150,009
    201339,040134,630
    % change11.8%11.4%
    Record Year 2014 (43,646) 2014 (150,009)
    New Companies by Quarter

    A total of 43,646 companies were registered in Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 11.8% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201443,646150,009
    201339,040134,630
    % change11.8%11.4%
    Record Year 2014 (43,646) 2014 (150,009)
    New Companies by Quarter

  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Greater London when compared to any previous June.

    May 2014 saw a new record in company registrations in Greater London when compared to any previous May.

    April 2014 saw a new record in company registrations in Greater London when compared to any previous April.

    June 2014 saw a new record in company registrations in Greater London when compared to any previous June.

    May 2014 saw a new record in company registrations in Greater London when compared to any previous May.

    April 2014 saw a new record in company registrations in Greater London when compared to any previous April.

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 201415,65214,16113,833
    New companies in 201313,87813,16911,993
    % change12.8%7.5%15.3%
    Record Year2014 (15,652)2014 (14,161)2014 (13,833)
    AprilMayJune
    New companies in 201415,65214,16113,833
    New companies in 201313,87813,16911,993
    % change12.8%7.5%15.3%
    Record Year2014 (15,652)2014 (14,161)2014 (13,833)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 50,096 companies were dissolved in Greater London. This figure is 13.1% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Greater London occurred in 2009 when a total of 78,139 were closed.

    Half Year (Jan-Jun)Greater LondonUK
    201450,096177,207
    201344,274155,192
    % change13.1%14.2%
    Record Year2009 (78,139)2009 (289,245)

    In the first half of 2014 a total of 50,096 companies were dissolved in Greater London. This figure is 13.1% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Greater London occurred in 2009 when a total of 78,139 were closed.

    Half Year (Jan-Jun)Greater LondonUK
    201450,096177,207
    201344,274155,192
    % change13.1%14.2%
    Record Year2009 (78,139)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 26,584 companies were dissolved in Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 21.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201426,58494,837
    201321,88377,278
    % change21.5%22.7%
    Record Year 2009 (47,828) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 26,584 companies were dissolved in Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 21.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201426,58494,837
    201321,88377,278
    % change21.5%22.7%
    Record Year 2009 (47,828) 2009 (181,179)
    Dissolved Companies by Quarter

  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20145,49411,6679,423
    Closed companies in 20137,7056,3127,866
    % change-28.7%84.8%20%
    Record Year2009 (15,583)2009 (21,090)2009 (11,155)
    AprilMayJune
    Closed companies in 20145,49411,6679,423
    Closed companies in 20137,7056,3127,866
    % change-28.7%84.8%20%
    Record Year2009 (15,583)2009 (21,090)2009 (11,155)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Greater London when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Greater London when compared to any half year in history.

    The first half of 2014 saw a new record in net growth in Greater London when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Greater London when compared to any half year in history.

    In the first half of 2014 the company register for Greater London increased by 36,917 companies.

    Half Year (Jan-Jun)Greater LondonUK
    201436,917123,524
    201333,635114,240
    Record Year2014 (36,917)2007 (171,296)

    In the first half of 2014 the company register for Greater London increased by 36,917 companies.

    Half Year (Jan-Jun)Greater LondonUK
    201436,917123,524
    201333,635114,240
    Record Year2014 (36,917)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014) was 17,062 companies.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201417,06255,172
    201317,15757,352
    Record Year 2013 (17,157) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Greater London during the second quarter of 2014 (Apr 2014 - Jun 2014) was 17,062 companies.

    second quarter (Apr 2014 - Jun 2014)Greater LondonUK
    201417,06255,172
    201317,15757,352
    Record Year 2013 (17,157) 2007 (60,014)
    Net Growth by Quarter

  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Greater London when compared to any previous April.

    April 2014 saw a new record in net growth in Greater London when compared to any previous April.

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 201410,1582,4944,410
    Net growth in 20136,1736,8574,127
    Record Year2014 (10,158)2013 (6,857)2008 (6,678)
    AprilMayJune
    Net growth in 201410,1582,4944,410
    Net growth in 20136,1736,8574,127
    Record Year2014 (10,158)2013 (6,857)2008 (6,678)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Greater London formed 28.9% of all UK companies. This is the same as the 2013 figure of 28.9%.

    Half Year (Jan-Jun)Greater London
    201428.9%
    201328.9%
    201228.5%
    201128.0%
    201027.0%
    Record Year (since 1960) 1999 (30.8%)
    Company Share by Half Year

    In the first half of 2014 Greater London formed 28.9% of all UK companies. This is the same as the 2013 figure of 28.9%.

    Half Year (Jan-Jun)Greater London
    201428.9%
    201328.9%
    201228.5%
    201128.0%
    201027.0%
    Record Year (since 1960) 1999 (30.8%)
    Company Share by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Greater London formed 29.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Greater London
    201429.1%
    201329.0%
    201229.0%
    201128.2%
    201027.6%
    Record Year (since 1960) 1998 (30.7%)
    Company Share by Quarter

    In the second quarter of 2014, Greater London formed 29.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Greater London
    201429.1%
    201329.0%
    201229.0%
    201128.2%
    201027.6%
    Record Year (since 1960) 1998 (30.7%)
    Company Share by Quarter

  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 201429.0%29.2%29.1%
    UK formation share in 201328.5%29.4%29.2%
    % change1.7%-0.8%-0.1%
    Record Year1996 (29.7%)1998 (32.2%)1996 (31.1%)
    AprilMayJune
    UK formation share in 201429.0%29.2%29.1%
    UK formation share in 201328.5%29.4%29.2%
    % change1.7%-0.8%-0.1%
    Record Year1996 (29.7%)1998 (32.2%)1996 (31.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.5.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 42.5.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 41.9.

    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 3.6% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 41.9.

    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 3.6% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Greater London was 2013 when 23.9% of all directors were female.

    23.9% of all director appointments in Greater London in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Greater London was 2013 when 23.9% of all directors were female.

    23.9% of all director appointments in Greater London in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Greater London was in 2012 when 23.9% of all directors were female.

    23.4% of all director appointments in Greater London in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Greater London was in 2012 when 23.9% of all directors were female.

    23.4% of all director appointments in Greater London in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING3.78%CONSULTING5.16%
    LONDON3.22%MANAGEMENT4.64%
    MANAGEMENT2.87%CONSULTANCY3.50%
    TRADING2.04%PROPERTY2.66%
    CONSULTANCY1.96%TRADING2.03%
    CO.,1.94%ENGINEERING1.99%
    GLOBAL1.70%CONSTRUCTION1.93%
    SOLAR1.66%LONDON1.93%
    CAPITAL1.58%CARE1.85%
    FARM1.55%DESIGN1.75%
    PROPERTY1.52%CONSULTANTS1.73%
    INVESTMENTS1.42%BUSINESS1.69%
    INTERNATIONAL1.30%PROPERTIES1.63%
    MEDIA1.25%TRANSPORT1.58%
    CONSTRUCTION1.24%GLOBAL1.55%
    BUSINESS1.23%INVESTMENTS1.55%
    PROPERTIES1.13%J1.51%
    CONSULTANTS1.11%ASSOCIATES1.48%
    DESIGN1.10%MEDIA1.44%
    ASSOCIATES0.95%ELECTRICAL1.40%
    CARE0.94%IT1.33%
    PRODUCTIONS0.89%DEVELOPMENTS1.33%
    PARTNERS0.88%BUILDING1.26%
    INVESTMENT0.83%M1.24%
    IT0.82%CO.,1.20%
    wordpercentageuk worduk percentage
    CONSULTING3.77%CONSULTING5.16%
    LONDON3.22%MANAGEMENT4.64%
    MANAGEMENT2.86%CONSULTANCY3.49%
    TRADING2.05%PROPERTY2.66%
    CONSULTANCY1.96%TRADING2.03%
    CO.,1.94%ENGINEERING1.99%
    GLOBAL1.70%LONDON1.93%
    SOLAR1.66%CONSTRUCTION1.93%
    CAPITAL1.59%CARE1.85%
    FARM1.55%DESIGN1.75%
    PROPERTY1.52%CONSULTANTS1.73%
    INVESTMENTS1.41%BUSINESS1.69%
    INTERNATIONAL1.32%PROPERTIES1.63%
    MEDIA1.25%TRANSPORT1.58%
    CONSTRUCTION1.24%GLOBAL1.55%
    BUSINESS1.23%INVESTMENTS1.55%
    PROPERTIES1.13%J1.50%
    CONSULTANTS1.11%ASSOCIATES1.48%
    DESIGN1.10%MEDIA1.44%
    ASSOCIATES0.95%ELECTRICAL1.40%
    CARE0.94%IT1.33%
    PRODUCTIONS0.89%DEVELOPMENTS1.33%
    PARTNERS0.88%BUILDING1.26%
    GROUP0.85%M1.23%
    INVESTMENT0.83%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied87,818261,557
    82990 - Other business support service activities not elsewhere classified23,42557,421
    99999 - Dormant Company16,26348,436
    70229 - Management consultancy activities other than financial management10,66740,250
    96090 - Other service activities not elsewhere classified9,95428,352
    62020 - Information technology consultancy activities8,48029,029
    74909 - Other professional, scientific and technical activities not elsewhere classified4,60519,058
    74990 - Non-trading company4,05214,351
    62090 - Other information technology service activities4,04413,024
    62012 - Business and domestic software development3,2289,834
    86900 - Other human health activities2,88511,292
    68209 - Other letting and operating of own or leased real estate2,69310,133
    47910 - Retail sale via mail order houses or via Internet2,5709,900
    41100 - Development of building projects2,54510,527
    69201 - Accounting and auditing activities2,3767,415
    56101 - Licensed restaurants2,3598,585
    68100 - Buying and selling of own real estate2,3346,413
    64999 - Financial intermediation not elsewhere classified2,1045,836
    68320 - Management of real estate on a fee or contract basis1,8445,731
    90030 - Artistic creation1,7834,548
    sic codenumber of companiesuk companies
    None Supplied87,048259,495
    82990 - Other business support service activities not elsewhere classified23,40057,459
    99999 - Dormant Company16,18148,126
    70229 - Management consultancy activities other than financial management10,72740,375
    96090 - Other service activities not elsewhere classified9,97228,340
    62020 - Information technology consultancy activities8,55829,145
    74909 - Other professional, scientific and technical activities not elsewhere classified4,56819,026
    62090 - Other information technology service activities4,05113,042
    74990 - Non-trading company3,99114,184
    62012 - Business and domestic software development3,2529,875
    86900 - Other human health activities2,90411,353
    68209 - Other letting and operating of own or leased real estate2,72110,262
    41100 - Development of building projects2,60510,664
    47910 - Retail sale via mail order houses or via Internet2,5899,940
    69201 - Accounting and auditing activities2,3847,438
    56101 - Licensed restaurants2,3818,651
    68100 - Buying and selling of own real estate2,3386,441
    64999 - Financial intermediation not elsewhere classified2,1175,863
    68320 - Management of real estate on a fee or contract basis1,8655,769
    90030 - Artistic creation1,7804,544

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08970057 SHRR LIMITED 01 Apr 2014
    08970434 MADE IN CHINA LIMITED 01 Apr 2014
    08971559 THE LONDON LIDO PROJECT LTD 01 Apr 2014
    08972693 OSTRA (UK) LTD 02 Apr 2014
    08973580 CKREATIVE EVENTS LIMITED 02 Apr 2014
    08974874 MARINESAFE LIMITED 03 Apr 2014
    08976002 RAYAN TRAVEL LONDON LTD 03 Apr 2014
    08977472 SAFESTREET LIMITED 03 Apr 2014
    08978218 ANGERA CORPORATE ONE LIMITED 04 Apr 2014
    08978984 CHECKED-IN LONDON LIMITED 04 Apr 2014
    08981755 HIMA LTD 07 Apr 2014
    08982064 ZAMAN ELECTRONICS & ENGINEERING LTD 07 Apr 2014
    08982355 EMRULD LIMITED 07 Apr 2014
    08982429 EM12ULD LIMITED 07 Apr 2014
    08984631 RAJ ALI LTD 08 Apr 2014
    08985467 STRAPLINE LIMITED 08 Apr 2014
    08986651 JO SHANNON LIMITED 08 Apr 2014
    08986925 DATT GUNTHORPE LTD 09 Apr 2014
    08987779 GINGER LOUNGE LIMITED 09 Apr 2014
    08989301 PERI PERI CHICKIES FAST FOOD LTD 10 Apr 2014
    08989677 C L GOODE LIMITED 10 Apr 2014
    08992096 ANAM SMART PRODUCTS LIMITED 11 Apr 2014
    08992409 SFS HEALTH & IT CONSULTANCY LTD 11 Apr 2014
    08992731 BLACKBIRD MGMT LTD 11 Apr 2014
    08992787 DESERT FLOWER FOUNDATION 11 Apr 2014

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