Greater London

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Greater London when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Greater London when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Greater London when compared to any previous September.
  • August 2014 saw a new record in company registrations in Greater London when compared to any previous August.
  • July 2014 saw a new record in company registrations in Greater London when compared to any previous July.
  • September 2014 saw a new record in company registrations in Greater London when compared to any previous September.
  • August 2014 saw a new record in company registrations in Greater London when compared to any previous August.
  • July 2014 saw a new record in company registrations in Greater London when compared to any previous July.
  • July 2014 saw a new record in company closures in Greater London when compared to any previous July.
  • July 2014 saw a new record in company closures in Greater London when compared to any previous July.
  • August 2014 saw a new record in net growth in Greater London when compared to any previous August.
  • August 2014 saw a new record in net growth in Greater London when compared to any previous August.
  • The record third quarter for female directors in Greater London was in 2014 when 25.2% of all directors were female.
  • The record third quarter for female directors in Greater London was in 2014 when 25.2% of all directors were female.

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 2014)

    Q3 2014 saw a new record in company registrations in Greater London when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Greater London when compared to any previous Q3.

    A total of 40,722 companies were registered in Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 6.4% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201440,722143,414
    201338,273132,684
    % change6.4%8.1%
    Record Year 2014 (40,722) 2014 (143,414)
    New Companies by Quarter

    A total of 40,722 companies were registered in Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 6.4% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201440,722143,414
    201338,273132,684
    % change6.4%8.1%
    Record Year 2014 (40,722) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 201414,54312,39113,788
    New companies in 201313,41611,93412,923
    % change8.4%3.8%6.7%
    Record Year2014 (14,543)2014 (12,391)2014 (13,788)
    JulyAugustSeptember
    New companies in 201414,54312,39113,788
    New companies in 201313,41611,93412,923
    % change8.4%3.8%6.7%
    Record Year2014 (14,543)2014 (12,391)2014 (13,788)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 28,441 companies were dissolved in Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 21.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201428,441101,670
    201323,36586,170
    % change21.7%18.0%
    Record Year 2009 (31,878) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 28,441 companies were dissolved in Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 21.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201428,441101,670
    201323,36586,170
    % change21.7%18.0%
    Record Year 2009 (31,878) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Greater London when compared to any previous July.

    July 2014 saw a new record in company closures in Greater London when compared to any previous July.

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 201410,9326,80010,709
    Closed companies in 20138,2476,7978,321
    % change32.6%0.0%29%
    Record Year2014 (10,932)2008 (14,492)2009 (15,792)
    JulyAugustSeptember
    Closed companies in 201410,9326,80010,709
    Closed companies in 20138,2476,7978,321
    % change32.6%0.0%29%
    Record Year2014 (10,932)2008 (14,492)2009 (15,792)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014) was 12,281 companies.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201412,28141,744
    201314,90846,514
    Record Year 2013 (14,908) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Greater London during the third quarter of 2014 (Jul 2014 - Sep 2014) was 12,281 companies.

    third quarter (Jul 2014 - Sep 2014)Greater LondonUK
    201412,28141,744
    201314,90846,514
    Record Year 2013 (14,908) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20143,6115,5913,079
    Net growth in 20135,1695,1374,602
    Record Year2008 (5,835)2014 (5,591)2012 (5,401)
    JulyAugustSeptember
    Net growth in 20143,6115,5913,079
    Net growth in 20135,1695,1374,602
    Record Year2008 (5,835)2014 (5,591)2012 (5,401)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Greater London formed 28.4% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Greater London
    201428.4%
    201328.8%
    201228.9%
    201128.1%
    201027.6%
    Record Year (since 1960) 1998 (30.6%)
    Company Share by Quarter

    In the third quarter of 2014, Greater London formed 28.4% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Greater London
    201428.4%
    201328.8%
    201228.9%
    201128.1%
    201027.6%
    Record Year (since 1960) 1998 (30.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201428.6%28.4%28.2%
    UK formation share in 201329.0%28.7%28.8%
    % change-1.5%-1.0%-2.1%
    Record Year2001 (30.9%)1998 (31.1%)1998 (31.3%)
    JulyAugustSeptember
    UK formation share in 201428.6%28.4%28.2%
    UK formation share in 201329.0%28.7%28.8%
    % change-1.5%-1.0%-2.1%
    Record Year2001 (30.9%)1998 (31.1%)1998 (31.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 41.7.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 41.7.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Greater London was in 2014 when 25.2% of all directors were female.

    25.2% of all director appointments in Greater London in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Greater London was in 2014 when 25.2% of all directors were female.

    25.2% of all director appointments in Greater London in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.76%CONSULTING5.17%
    LONDON3.25%MANAGEMENT4.63%
    MANAGEMENT2.81%CONSULTANCY3.55%
    CO.,2.19%PROPERTY2.62%
    TRADING2.05%ENGINEERING2.07%
    CONSULTANCY1.97%CONSTRUCTION2.05%
    GLOBAL1.70%TRADING2.00%
    SOLAR1.63%LONDON1.95%
    CAPITAL1.60%CARE1.94%
    PROPERTY1.54%TRANSPORT1.76%
    FARM1.52%DESIGN1.70%
    INVESTMENTS1.41%CONSULTANTS1.70%
    INTERNATIONAL1.33%PROPERTIES1.63%
    CONSTRUCTION1.28%BUSINESS1.62%
    BUSINESS1.20%J1.53%
    MEDIA1.18%ELECTRICAL1.53%
    PROPERTIES1.11%GLOBAL1.51%
    CONSULTANTS1.08%INVESTMENTS1.50%
    DESIGN1.05%ASSOCIATES1.48%
    CARE1.00%MEDIA1.38%
    ASSOCIATES0.92%CO.,1.36%
    PRODUCTIONS0.88%DEVELOPMENTS1.35%
    INVESTMENT0.86%BUILDING1.30%
    GROUP0.85%IT1.30%
    PARTNERS0.85%M1.23%
    wordpercentageuk worduk percentage
    CONSULTING3.76%CONSULTING5.18%
    LONDON3.26%MANAGEMENT4.63%
    MANAGEMENT2.81%CONSULTANCY3.54%
    CO.,2.19%PROPERTY2.63%
    TRADING2.06%ENGINEERING2.08%
    CONSULTANCY1.97%CONSTRUCTION2.05%
    GLOBAL1.70%TRADING2.01%
    SOLAR1.62%LONDON1.95%
    CAPITAL1.61%CARE1.94%
    PROPERTY1.55%TRANSPORT1.76%
    FARM1.52%DESIGN1.70%
    INVESTMENTS1.41%CONSULTANTS1.69%
    INTERNATIONAL1.34%PROPERTIES1.63%
    CONSTRUCTION1.29%BUSINESS1.63%
    BUSINESS1.20%ELECTRICAL1.53%
    MEDIA1.19%J1.53%
    PROPERTIES1.11%GLOBAL1.52%
    CONSULTANTS1.08%INVESTMENTS1.50%
    DESIGN1.05%ASSOCIATES1.48%
    CARE1.01%MEDIA1.38%
    ASSOCIATES0.92%CO.,1.36%
    GROUP0.89%DEVELOPMENTS1.35%
    PRODUCTIONS0.88%BUILDING1.30%
    INVESTMENT0.86%IT1.30%
    PARTNERS0.85%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied92,899278,481
    82990 - Other business support service activities not elsewhere classified24,05157,264
    99999 - Dormant Company16,20748,286
    70229 - Management consultancy activities other than financial management10,78640,717
    96090 - Other service activities not elsewhere classified9,90728,224
    62020 - Information technology consultancy activities8,63929,313
    74909 - Other professional, scientific and technical activities not elsewhere classified4,56018,890
    62090 - Other information technology service activities3,99112,795
    74990 - Non-trading company3,89714,006
    62012 - Business and domestic software development3,1859,675
    86900 - Other human health activities3,02111,807
    68209 - Other letting and operating of own or leased real estate2,72210,361
    47910 - Retail sale via mail order houses or via Internet2,6099,914
    41100 - Development of building projects2,53210,604
    68100 - Buying and selling of own real estate2,3986,595
    69201 - Accounting and auditing activities2,3607,401
    56101 - Licensed restaurants2,3168,546
    64999 - Financial intermediation not elsewhere classified2,1115,857
    68320 - Management of real estate on a fee or contract basis1,8475,749
    90030 - Artistic creation1,7934,566
    sic codenumber of companiesuk companies
    None Supplied88,155263,052
    82990 - Other business support service activities not elsewhere classified24,34158,078
    99999 - Dormant Company16,36148,811
    70229 - Management consultancy activities other than financial management11,03241,421
    96090 - Other service activities not elsewhere classified10,18928,864
    62020 - Information technology consultancy activities8,83629,780
    74909 - Other professional, scientific and technical activities not elsewhere classified4,59419,117
    62090 - Other information technology service activities4,07012,999
    74990 - Non-trading company3,90114,053
    62012 - Business and domestic software development3,2609,848
    86900 - Other human health activities3,11412,105
    68209 - Other letting and operating of own or leased real estate2,80810,684
    47910 - Retail sale via mail order houses or via Internet2,67710,125
    41100 - Development of building projects2,65310,983
    68100 - Buying and selling of own real estate2,4696,772
    69201 - Accounting and auditing activities2,3927,504
    56101 - Licensed restaurants2,3878,789
    64999 - Financial intermediation not elsewhere classified2,1565,985
    68320 - Management of real estate on a fee or contract basis1,9145,913
    90030 - Artistic creation1,8284,654

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC395239 ALLEN & OVERY (SOUTH AFRICA) LLP 11 Sep 2014
    OC395509 INDUSTRY CONSULTING PARTNERS LLP 24 Sep 2014
    09198993 UNITED PROTECTIVE SECURITY LTD 02 Sep 2014
    09199183 ICE CREAM EXPORT LTD 02 Sep 2014
    09199506 SPICE FOOD (UK) LIMITED 02 Sep 2014
    09199547 SONALI INDIAN TAKEAWAY LTD 02 Sep 2014
    09200976 VERY NICE JOE LTD 03 Sep 2014
    09201144 REGENPLUS LIMITED 03 Sep 2014
    09201153 HAIDER VENTURES LTD 03 Sep 2014
    09201837 ALL TRADING LTD 03 Sep 2014
    09202386 LINEASLETTINGS LIMITED 03 Sep 2014
    09203437 SECURE ACCESS SECURITY LTD 04 Sep 2014
    09204785 ANGEL REPAIRS LTD 05 Sep 2014
    09206707 HAUNUI RESOURCING LIMITED 08 Sep 2014
    09207448 REACTIONBD LTD 08 Sep 2014
    09208958 EXCEL RESIDENTIAL LTD 09 Sep 2014
    09211113 ROADSIDE ASSITANCE LIMITED 10 Sep 2014
    09211332 RED PLANET TECHNOLOGY LTD 10 Sep 2014
    09211748 THESAT SERVICES LIMITED 10 Sep 2014
    09211867 MHC PROPERTY SERVICES (UK) LTD 10 Sep 2014
    09212923 PEARL UNIQUE EVENTS LTD 10 Sep 2014
    09213451 CENTRO SOURCING UK LTD 11 Sep 2014
    09213800 RS SALES AND MRKETING LIMITED 11 Sep 2014
    09218433 NEW TRENDZ LIMITED 15 Sep 2014
    09219467 FREDAB LIMITED 15 Sep 2014