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
New Company Registrations
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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 London UK 2015 44,945 161,156 2014 43,367 150,722 % change 3.6% 6.9% Record Year 2015 (44,945) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 13,357 14,788 16,800 New companies in 2014 13,556 14,557 15,254 % change -1.5% 1.6% 10.1% Record Year 2014 (13,556) 2015 (14,788) 2015 (16,800)
Closed Companies (dissolved)
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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 London UK 2015 25,243 89,523 2014 23,512 82,370 % change 7.4% 8.7% Record Year 2009 (30,311) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 6,577 9,027 9,639 Closed companies in 2014 7,564 8,035 7,913 % change -13.0% 12.3% 22% Record Year 2013 (9,699) 2011 (11,162) 2009 (20,439)
Net Company Growth
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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 London UK 2015 19,702 71,633 2014 19,855 68,352 Record Year 2014 (19,855) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 6,780 5,761 7,161 Net growth in 2014 5,992 6,522 7,341 Record Year 2015 (6,780) 2013 (6,969) 2007 (10,308)
UK Company Share
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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 2015 27.9% 2014 28.8% 2013 28.8% 2012 28.0% 2011 27.7% Record Year (since 1960) 1999 (30.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 27.9% 28.3% 27.6% UK formation share in 2014 28.9% 30.2% 27.4% % change -3.4% -6.4% 0.4% Record Year 1999 (31.4%) 2014 (30.2%) 1999 (31.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.79% CONSULTING 5.23% LONDON 3.19% MANAGEMENT 4.56% MANAGEMENT 2.67% CONSULTANCY 3.62% CO., 2.41% PROPERTY 2.72% TRADING 1.98% CONSTRUCTION 2.19% CONSULTANCY 1.93% CARE 2.13% GLOBAL 1.67% ENGINEERING 2.12% CAPITAL 1.62% LONDON 1.91% PROPERTY 1.60% TRADING 1.88% SOLAR 1.60% TRANSPORT 1.82% INTERNATIONAL 1.57% ELECTRICAL 1.76% FARM 1.50% DESIGN 1.65% INVESTMENTS 1.41% PROPERTIES 1.63% CONSTRUCTION 1.36% CO., 1.58% GROUP 1.19% J 1.55% CARE 1.16% CONSULTANTS 1.54% MEDIA 1.12% BUSINESS 1.49% PROPERTIES 1.07% INVESTMENTS 1.49% BUSINESS 1.06% GLOBAL 1.46% DESIGN 1.04% ASSOCIATES 1.44% CONSULTANTS 0.95% DEVELOPMENTS 1.36% INVESTMENT 0.90% BUILDING 1.31% PRODUCTIONS 0.89% IT 1.30% ASSOCIATES 0.85% MEDIA 1.28% IT 0.83% M 1.27%
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 96,335 288,953 82990 - Other business support service activities not elsewhere classified 25,085 58,522 99999 - Dormant Company 16,944 49,474 70229 - Management consultancy activities other than financial management 11,641 43,081 96090 - Other service activities not elsewhere classified 10,265 29,218 62020 - Information technology consultancy activities 9,178 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 4,683 19,098 62090 - Other information technology service activities 4,005 12,862 74990 - Non-trading company 3,919 13,794 86900 - Other human health activities 3,694 13,990 62012 - Business and domestic software development 3,255 9,651 68209 - Other letting and operating of own or leased real estate 3,053 11,600 41100 - Development of building projects 2,836 11,863 68100 - Buying and selling of own real estate 2,778 7,450 47910 - Retail sale via mail order houses or via Internet 2,757 10,200 69201 - Accounting and auditing activities 2,428 7,682 56101 - Licensed restaurants 2,383 8,909 64999 - Financial intermediation not elsewhere classified 2,194 6,067 68320 - Management of real estate on a fee or contract basis 1,968 6,154 41202 - Construction of domestic buildings 1,872 7,797
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09416997 FRENCH NOTARIES LIMITED 02 Feb 2015 09418027 FRSS GLOBAL (UK) LIMITED 02 Feb 2015 09418217 AL IKHWAN REAL LTD 03 Feb 2015 09418288 SKYPILOT LTD 03 Feb 2015 09419977 CORRIANDER LIMITED 03 Feb 2015 09420870 HIGHGEAR LONDON LIMITED 04 Feb 2015 09421922 AB MEDICAL RECRUITMENT LTD 04 Feb 2015 09422276 GOLD ONE LTD 04 Feb 2015 09423555 AGNOSTIC SECURITY LTD 05 Feb 2015 09424138 CANAPA UK LTD 05 Feb 2015 09425885 ABBOTS MANAGEMENT LIMITED 06 Feb 2015 09426460 CODE FUSION LTD 06 Feb 2015 09427322 YOOGAIA LTD 06 Feb 2015 OC398114 GMH ADVISORY LLP 09 Feb 2015 09428839 THE HOMELESS AND UNEMPLOYED WORKGROUP LIMITED 09 Feb 2015 09429488 PAPERCUT MUSIC LTD 09 Feb 2015 09431021 MAK SPICES LIMITED 10 Feb 2015 09432392 M & KIIN LIMITED 10 Feb 2015 09432685 AL MANAR ISLAMIC SHOP LTD 10 Feb 2015 09433573 SPARTACUS ALTERNATIVE LTD 11 Feb 2015 09433662 ELEVATE CAPITAL PROJECT 001 LTD 11 Feb 2015 09434304 KENSINGTON CAPITAL LIMITED 11 Feb 2015 09436489 NEWCO VENTURES LTD 12 Feb 2015 09436977 CITY GROCERS LIMITED 12 Feb 2015 09437129 RBN24IT.COM LIMITED 12 Feb 2015
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