Greater London
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Greater London when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Greater London when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Greater London when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Greater London when compared to any previous December.
- November 2014 saw a new record in company registrations in Greater London when compared to any previous November.
- October 2014 saw a new record in company registrations in Greater London when compared to any previous October.
- December 2014 saw a new record in company closures in Greater London when compared to any previous December.
- 2014 was a record year for net growth in Greater London when compared to any year in history.
- October 2014 saw a new record in net growth in Greater London when compared to any previous October.
- The record second half year for female directors in Greater London was 2014 when 24.3% of all directors were female.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Greater London when compared to any year in history.
A total of 167,656 companies were formed in Greater London in 2014. This total is 8.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Greater London UK 2014 167,656 582,051 2013 154,000 529,363 2012 142,139 491,893 2011 128,310 452,870 2010 110,798 400,358 Record Year 2014 (167,656) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Greater London when compared to any previous second half year.
In the second half of 2014 a total of 80,643 companies were formed in Greater London. This figure is 6.0% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Greater London occurred in 2014 when a total of 80,643 were formed.
Half Year (Jul-Dec) Greater London UK 2014 80,643 281,320 2013 76,091 259,931 % change 6.0% 8.2% Record Year 2014 (80,643) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Greater London when compared to any previous Q4.
A total of 39,921 companies were registered in Greater London during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 5.6% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Greater London UK 2014 39,921 137,906 2013 37,818 127,247 % change 5.6% 8.4% Record Year 2014 (39,921) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Greater London when compared to any previous December.
November 2014 saw a new record in company registrations in Greater London when compared to any previous November.
October 2014 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 2014 14,805 12,977 12,139 New companies in 2013 14,484 12,875 10,459 % change 2.2% 0.8% 16.1% Record Year 2014 (14,805) 2014 (12,977) 2014 (12,139)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 103,674 companies were dissolved in Greater London in 2014. This total is 11.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Greater London UK 2014 103,674 367,937 2013 92,923 332,213 2012 79,408 293,729 2011 87,599 314,524 2010 85,797 342,233 Record Year 2009 (132,494) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 53,578 companies were dissolved in Greater London. This figure is 10.1% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 53,578 190,730 2013 48,649 177,021 % change 10.1% 7.7% Record Year 2009 (54,355) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 25,137 companies were dissolved in Greater London during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 0.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Greater London UK 2014 25,137 89,060 2013 25,284 90,851 % change -0.6% -2.0% Record Year 2013 (25,284) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Greater London when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 7,051 8,384 9,702 Closed companies in 2013 9,731 7,297 8,256 % change -27.5% 14.9% 18% Record Year 2013 (9,731) 2011 (8,533) 2014 (9,702)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Greater London when compared to any year in history.
A total of 63,982 companies were added to the company register for Greater London in 2014. This number represents growth of 38.2% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 2,905 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Greater London company register grew by 63,982 companies.
Year Greater London UK 2014 63,982 214,114 2013 61,077 197,150 2012 62,731 198,164 2011 40,711 138,346 2010 25,001 58,125 Record Year 2014 (63,982) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Greater London increased by 27,065 companies.
Half Year (Jul-Dec) Greater London UK 2014 27,065 90,590 2013 27,442 82,910 Record Year 2012 (30,961) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Greater London during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 14,784 companies.
fourth quarter (Oct 2014 - Dec 2014) Greater London UK 2014 14,784 48,846 2013 12,534 36,396 Record Year 2012 (16,671) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Greater London when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 7,754 4,593 2,437 Net growth in 2013 4,753 5,578 2,203 Record Year 2014 (7,754) 2012 (7,121) 2012 (5,228)
UK Company Share
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Annual Data (2014)
In 2014 Greater London formed 28.8% of all UK companies. This is a decline on 2013 when Greater London was responsible for 29.1% of all UK companies.
Year Greater London 2014 28.8% 2013 29.1% 2012 28.9% 2011 28.3% 2010 27.7% Record Year (since 1960) 1998 (30.5%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Greater London formed 28.7% of all UK companies. This is less than the 2013 figure of 29.3%.
Half Year (Jul-Dec) Greater London 2014 28.7% 2013 29.3% 2012 29.3% 2011 28.7% 2010 28.4% Record Year (since 1960) 1998 (30.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Greater London formed 28.9% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Greater London 2014 28.9% 2013 29.7% 2012 29.7% 2011 29.4% 2010 29.3% Record Year (since 1960) 1998 (30.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 28.4% 28.6% 30.0% UK formation share in 2013 29.2% 29.9% 30.3% % change -2.8% -4.3% -0.7% Record Year 1998 (31.8%) 1999 (31.1%) 2010 (31.0%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.2.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 41.8.
The percentage of directors under the age of 25 was 3.0% 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 41.9.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 24.1%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Greater London was 2014 when 24.3% of all directors were female.
24.3% of all director appointments in Greater London in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth 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 fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.78% CONSULTING 5.22% LONDON 3.25% MANAGEMENT 4.58% MANAGEMENT 2.75% CONSULTANCY 3.57% CO., 2.31% PROPERTY 2.66% TRADING 2.03% CONSTRUCTION 2.12% CONSULTANCY 1.96% ENGINEERING 2.10% GLOBAL 1.70% CARE 2.02% CAPITAL 1.64% TRADING 1.94% SOLAR 1.60% LONDON 1.93% PROPERTY 1.58% TRANSPORT 1.93% FARM 1.51% DESIGN 1.66% INVESTMENTS 1.39% CONSULTANTS 1.64% INTERNATIONAL 1.36% ELECTRICAL 1.62% CONSTRUCTION 1.33% PROPERTIES 1.62% MEDIA 1.16% BUSINESS 1.56% BUSINESS 1.14% J 1.54% CARE 1.10% CO., 1.50% PROPERTIES 1.07% GLOBAL 1.49% DESIGN 1.04% INVESTMENTS 1.48% CONSULTANTS 1.03% ASSOCIATES 1.47% ASSOCIATES 0.91% DEVELOPMENTS 1.35% PRODUCTIONS 0.89% MEDIA 1.33% GROUP 0.89% IT 1.31% INVESTMENT 0.89% BUILDING 1.29% PARTNERS 0.87% M 1.22%
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 89,351 265,608 82990 - Other business support service activities not elsewhere classified 24,717 58,068 99999 - Dormant Company 16,097 48,509 70229 - Management consultancy activities other than financial management 11,396 42,290 96090 - Other service activities not elsewhere classified 10,236 29,009 62020 - Information technology consultancy activities 8,925 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 4,623 19,049 62090 - Other information technology service activities 4,036 12,837 74990 - Non-trading company 3,885 13,984 86900 - Other human health activities 3,397 12,976 62012 - Business and domestic software development 3,271 9,752 68209 - Other letting and operating of own or leased real estate 2,935 11,212 41100 - Development of building projects 2,719 11,397 47910 - Retail sale via mail order houses or via Internet 2,711 10,107 68100 - Buying and selling of own real estate 2,611 7,106 69201 - Accounting and auditing activities 2,410 7,528 56101 - Licensed restaurants 2,362 8,782 64999 - Financial intermediation not elsewhere classified 2,215 6,083 68320 - Management of real estate on a fee or contract basis 1,964 6,010 41202 - Construction of domestic buildings 1,826 7,559
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09243881 T BAZAAR LTD 01 Oct 2014 09244176 KONTOR LONDON LIMITED 01 Oct 2014 09248818 COMPUTER & MOBILE WORLD LTD 03 Oct 2014 09249689 RABIA FINE DINING LTD 06 Oct 2014 09250483 SILENTIUM PARTNERS LIMITED 06 Oct 2014 09250529 SOUL SYSTEMS LIMITED 06 Oct 2014 09255350 3F PIPING PRODUCTS LIMITED 08 Oct 2014 09256350 ONE HEALTH AND SAFETY CONSULTANTS LTD 09 Oct 2014 09260050 MULTIFAME (LONDON) LIMITED 13 Oct 2014 09260246 MEATPAWN SAUCES LIMITED 13 Oct 2014 09260863 THECLOTHES LTD. 13 Oct 2014 09261075 WORLDWIDE CITY SHOPPERS LTD 13 Oct 2014 09262104 SRS HEALTHCARE LIMITED 14 Oct 2014 09262183 BLCK VLVT LIMITED 14 Oct 2014 09262644 RED MANGO 7 LTD 14 Oct 2014 09264600 AFRICA PROPERTY INVEST LTD 15 Oct 2014 09264793 BEASTMODE SUPPLEMENTS LIMITED 15 Oct 2014 09265260 INSIDE TWO LIMITED 15 Oct 2014 09266557 TASNIM TRADERS LIMITED 16 Oct 2014 09267138 FUSION IMMIGRATION SERVICES LTD 16 Oct 2014 09267595 UNICAID 16 Oct 2014 09268084 ELIZABETH ACADEMY (UK) LIMITED 16 Oct 2014 09269327 SGB TRUSTEE LIMITED 17 Oct 2014 09269684 BUTECH LTD 17 Oct 2014 09270280 GARDENS OF EDEN LANDSCAPE SERVICES LTD 20 Oct 2014
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