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Greater London

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Greater London when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Greater London when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Greater London when compared to any previous March.
  • March 2015 was a record month for company registrations in Greater London when compared to any month in history.
  • February 2015 saw a new record in company registrations in Greater London when compared to any previous February.
  • January 2015 saw a new record in net growth in Greater London when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Greater London when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Greater London when compared to any quarter in history.

    A total of 44,945 companies were registered in Greater London during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 3.6% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Greater LondonUK
    201544,945161,156
    201443,367150,722
    % change3.6%6.9%
    Record Year 2015 (44,945) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Greater London when compared to any previous March.

    March 2015 was a record month for company registrations in Greater London when compared to any month in history.

    February 2015 saw a new record in company registrations in Greater London when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201513,35714,78816,800
    New companies in 201413,55614,55715,254
    % change-1.5%1.6%10.1%
    Record Year2014 (13,556)2015 (14,788)2015 (16,800)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 25,243 companies were dissolved in Greater London during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.4% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Greater LondonUK
    201525,24389,523
    201423,51282,370
    % change7.4%8.7%
    Record Year 2009 (30,311) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20156,5779,0279,639
    Closed companies in 20147,5648,0357,913
    % change-13.0%12.3%22%
    Record Year2013 (9,699)2011 (11,162)2009 (20,439)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Greater London during the first quarter of 2015 (Jan 2015 - Mar 2015) was 19,702 companies.

    first quarter (Jan 2015 - Mar 2015)Greater LondonUK
    201519,70271,633
    201419,85568,352
    Record Year 2014 (19,855) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Greater London when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20156,7805,7617,161
    Net growth in 20145,9926,5227,341
    Record Year2015 (6,780)2013 (6,969)2007 (10,308)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Greater London formed 27.9% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Greater London
    201527.9%
    201428.8%
    201328.8%
    201228.0%
    201127.7%
    Record Year (since 1960) 1999 (30.9%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 201527.9%28.3%27.6%
    UK formation share in 201428.9%30.2%27.4%
    % change-3.4%-6.4%0.4%
    Record Year1999 (31.4%)2014 (30.2%)1999 (31.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.5.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Greater London was in 2014 when 24.4% of all directors were female.

    24.3% of all director appointments in Greater London in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING3.79%CONSULTING5.23%
    LONDON3.19%MANAGEMENT4.56%
    MANAGEMENT2.67%CONSULTANCY3.62%
    CO.,2.41%PROPERTY2.72%
    TRADING1.98%CONSTRUCTION2.19%
    CONSULTANCY1.93%CARE2.13%
    GLOBAL1.67%ENGINEERING2.12%
    CAPITAL1.62%LONDON1.91%
    PROPERTY1.60%TRADING1.88%
    SOLAR1.60%TRANSPORT1.82%
    INTERNATIONAL1.57%ELECTRICAL1.76%
    FARM1.50%DESIGN1.65%
    INVESTMENTS1.41%PROPERTIES1.63%
    CONSTRUCTION1.36%CO.,1.58%
    GROUP1.19%J1.55%
    CARE1.16%CONSULTANTS1.54%
    MEDIA1.12%BUSINESS1.49%
    PROPERTIES1.07%INVESTMENTS1.49%
    BUSINESS1.06%GLOBAL1.46%
    DESIGN1.04%ASSOCIATES1.44%
    CONSULTANTS0.95%DEVELOPMENTS1.36%
    INVESTMENT0.90%BUILDING1.31%
    PRODUCTIONS0.89%IT1.30%
    ASSOCIATES0.85%MEDIA1.28%
    IT0.83%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied96,335288,953
    82990 - Other business support service activities not elsewhere classified25,08558,522
    99999 - Dormant Company16,94449,474
    70229 - Management consultancy activities other than financial management11,64143,081
    96090 - Other service activities not elsewhere classified10,26529,218
    62020 - Information technology consultancy activities9,17830,825
    74909 - Other professional, scientific and technical activities not elsewhere classified4,68319,098
    62090 - Other information technology service activities4,00512,862
    74990 - Non-trading company3,91913,794
    86900 - Other human health activities3,69413,990
    62012 - Business and domestic software development3,2559,651
    68209 - Other letting and operating of own or leased real estate3,05311,600
    41100 - Development of building projects2,83611,863
    68100 - Buying and selling of own real estate2,7787,450
    47910 - Retail sale via mail order houses or via Internet2,75710,200
    69201 - Accounting and auditing activities2,4287,682
    56101 - Licensed restaurants2,3838,909
    64999 - Financial intermediation not elsewhere classified2,1946,067
    68320 - Management of real estate on a fee or contract basis1,9686,154
    41202 - Construction of domestic buildings1,8727,797

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09465250 NADAGANI LIMITED 02 Mar 2015
    09465593 PRINT TODAY (UK) LIMITED 02 Mar 2015
    09466470 ADVINCULA LIMITED 03 Mar 2015
    09466718 WALI & WAZI TRADE LINK LTD 03 Mar 2015
    09467285 CONNECTION INTERNATIONAL LTD 03 Mar 2015
    09467710 RSBD LIMITED 03 Mar 2015
    09468222 TOWER DECORATING & MAINTENANCE LTD 03 Mar 2015
    09468502 JUST LINE LTD 03 Mar 2015
    09469169 MOV3 IT LIMITED 03 Mar 2015
    09470268 BD BUSINESS LTD 04 Mar 2015
    09470344 WAYS FORWARD LIMITED 04 Mar 2015
    09470964 DMSO CAPITAL LIMITED 04 Mar 2015
    09474558 COOKS YARD COWORKING LTD 06 Mar 2015
    09478718 DIAMOND STERLING UK LIMITED 09 Mar 2015
    09480020 OAK CARE SERVICES LTD 10 Mar 2015
    09480556 KIOSIO CONSULTANTS LTD 10 Mar 2015
    09480585 SOFIONE INVESTMENT CO. LTD 10 Mar 2015
    09481321 LAIN-ABRIL & CO. LIMITED 10 Mar 2015
    09482443 ORCA ARTIC MODULE LTD 10 Mar 2015
    09482884 ELITE PROFESSIONALS LTD 11 Mar 2015
    09483409 LONDONNUT LTD 11 Mar 2015
    09483569 FAIRLIGHT CYCLES LIMITED 11 Mar 2015
    09484902 TENMILEVIEW LTD 12 Mar 2015
    09486854 SEASONS REMOVALS LIMITED 12 Mar 2015
    09487416 GROUP-AZ LTD 12 Mar 2015

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