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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
    09371898 M&A TRADE LTD 02 Jan 2015
    09372551 FS PROPERTY SERVICES (UK) LTD 05 Jan 2015
    09377878 THE HENLEY COLLECTION LIMITED 07 Jan 2015
    09378337 THE LONDON CHOIR LTD 07 Jan 2015
    09379207 REAL TEST LTD 08 Jan 2015
    09379819 GOLD EAGLE SECURITIES LIMITED 08 Jan 2015
    09381202 BANGLAR HAT BAZAR LIMITED 09 Jan 2015
    09381306 GULLY KITCHEN LIMITED 09 Jan 2015
    09381995 SANTOUCH LTD 09 Jan 2015
    09382390 ENGAGE WORLD LIMITED 09 Jan 2015
    09383471 SNF FOREX LTD 12 Jan 2015
    09383497 AADAM'S STAR LTD 12 Jan 2015
    09385867 BABU MOSHAI LTD 13 Jan 2015
    09386164 ANIMA D ITALIA LTD 13 Jan 2015
    09387641 NAGA VIPER PEPPER LIMITED 14 Jan 2015
    09387828 363 SPICE LTD 14 Jan 2015
    09387929 GERRYS VISA SERVICES LTD 14 Jan 2015
    09388067 CARPENTER SAMACA LTD. 14 Jan 2015
    09388068 D PRIME CUISINE LIMITED 14 Jan 2015
    09388420 PURPLE PUBS LIMITED 14 Jan 2015
    09389822 MARSICA INFISSI LTD 15 Jan 2015
    09390033 BELIMAR LIMITED 15 Jan 2015
    09391499 FAST SMART LTD 15 Jan 2015
    09392343 YI STUDIO OF PHOTOGRAPHY LTD 16 Jan 2015
    09393523 GLOBAL SEAFOOD TRADERS LTD 16 Jan 2015

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