Hamilton, Lanarkshire

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Hamilton when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Hamilton when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Hamilton when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Hamilton when compared to any previous November.
  • November 2010 was a record month for company registrations in Hamilton when compared to any month in history.
  • October 2010 saw a new record in company registrations in Hamilton when compared to any previous October.
  • 2010 was a record year for company closures in Hamilton when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Hamilton when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Hamilton when compared to any half year in history.
  • Q4 2010 saw a new record in company closures in Hamilton when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Hamilton when compared to any previous December.
  • November 2010 saw a new record in company closures in Hamilton when compared to any previous November.

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. Annual Data (2010)

    2010 was a record year for company registrations in Hamilton when compared to any year in history.

    A total of 423 companies were formed in Hamilton in 2010. This total is 24.8% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearHamiltonUK
    2010423400,358
    2009339362,675
    2008325349,203
    2007354457,649
    2006321405,440
    Record Year2010 (423)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Hamilton when compared to any previous second half year.

    In the second half of 2010 a total of 211 companies were formed in Hamilton. This figure is 21.3% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Hamilton occurred in 2010 when a total of 211 were formed.

    Half Year (Jul-Dec)HamiltonUK
    2010211196,609
    2009174180,654
    % change21.3%8.8%
    Record Year2010 (211)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Hamilton when compared to any previous Q4.

    A total of 113 companies were registered in Hamilton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 36.1% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HamiltonUK
    201011395,117
    20098385,983
    % change36.1%10.6%
    Record Year 2010 (113) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Hamilton when compared to any previous November.

    November 2010 was a record month for company registrations in Hamilton when compared to any month in history.

    October 2010 saw a new record in company registrations in Hamilton when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010435416
    New companies in 2009283718
    % change53.6%45.9%-11.1%
    Record Year2010 (43)2010 (54)2003 (27)

Closed Companies (dissolved)

  1. Annual Data (2010)

    2010 was a record year for company closures in Hamilton when compared to any year in history.

    A total of 340 companies were dissolved in Hamilton in 2010. This total is 16.8% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearHamiltonUK
    2010340342,232
    2009291533,773
    2008155237,901
    2007177220,295
    2006155200,166
    Record Year2010 (340)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Hamilton when compared to any previous second half year.

    The second half of 2010 was a record second half year for company closures in Hamilton when compared to any half year in history.

    In the second half of 2010 a total of 174 companies were dissolved in Hamilton. This figure is 18.4% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Hamilton occurred in 2010 when a total of 174 were closed.

    Half Year (Jul-Dec)HamiltonUK
    2010174164,601
    2009147244,537
    % change18.4%-32.7%
    Record Year2010 (174)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Hamilton when compared to any previous Q4.

    A total of 94 companies were dissolved in Hamilton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 32.4% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HamiltonUK
    20109476,896
    20097185,136
    % change32.4%-9.7%
    Record Year 2010 (94) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company closures in Hamilton when compared to any previous December.

    November 2010 saw a new record in company closures in Hamilton when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010343228
    Closed companies in 2009291824
    % change17.2%77.8%17%
    Record Year2008 (35)2010 (32)2010 (28)

Net Company Growth

  1. Annual Data (2010)

    A total of 83 companies were added to the company register for Hamilton in 2010. This number represents growth of 24.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 35 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Hamilton company register grew by 239 companies.

    YearHamiltonUK
    20108358,126
    200948-171,098
    2008170111,302
    2007177237,354
    2006166205,274
    Record Year2003 (239)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Hamilton increased by 37 companies.

    Half Year (Jul-Dec)HamiltonUK
    20103732,008
    200927-63,883
    Record Year2003 (131)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Hamilton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 19 companies.

    fourth quarter (Oct 2010 - Dec 2010)HamiltonUK
    20101918,221
    200912847
    Record Year 2003 (58) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010922-12
    Net growth in 2009-119-6
    Record Year2007 (23)2010 (22)2002 (21)

UK Company Share

  1. Annual Data (2010)

    In 2010 Hamilton formed 0.1% of all UK companies. This is no change on 2009 when Hamilton was responsible for 0.1% of all UK companies.

    YearHamilton
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1972 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Hamilton formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Hamilton
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1972 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Hamilton formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Hamilton
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1972 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.2%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change34.4%30.5%-15.4%
    Record Year1968 (0.2%)1972 (0.3%)1961 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.8.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.7.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.8.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Hamilton was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hamilton in 2010 was 29.8%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Hamilton was 1860 when 42.9% of all directors were female.

    33.2% of all director appointments in Hamilton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Hamilton was in 1977 when 31.1% of all directors were female.

    33.9% of all director appointments in Hamilton in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    HOUSE3.21%CONSULTING5.06%
    HERITAGE2.93%MANAGEMENT5.01%
    (SCOTLAND)2.79%CONSULTANCY3.14%
    J1.26%PROPERTY2.36%
    PROPERTIES1.12%TRADING2.11%
    CONSULTING0.98%ASSOCIATES1.95%
    CONSTRUCTION0.84%DESIGN1.92%
    SCOTLAND0.84%BUSINESS1.82%
    CONTRACTS0.84%CONSTRUCTION1.82%
    MANAGEMENT0.84%CONSULTANTS1.76%
    P0.84%MEDIA1.71%
    HAMILTON0.70%ENGINEERING1.62%
    DEVELOPMENTS0.70%LONDON1.60%
    ELECTRICAL0.70%CARE1.45%
    S0.70%INVESTMENTS1.44%
    M0.56%GLOBAL1.43%
    (HAMILTON)0.56%J1.42%
    B0.56%IT1.41%
    SYSTEMS0.56%PROPERTIES1.34%
    DESIGN0.56%INTERNATIONAL1.34%
    D0.56%BUILDING1.34%
    PROPERTY0.56%M1.30%
    SURVEYORS0.42%ELECTRICAL1.25%
    SUPPLIES0.42%SYSTEMS1.24%
    CATERING0.42%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied143199,572
    7487 - Other business activities7963,348
    9999 - Dormant Company1420,144
    4521 - General construction & civil engineering146,598
    74990 - Non-trading company138,243
    82990 - Other business support service activities not elsewhere classified1227,550
    99999 - Dormant Company1116,285
    43999 - Other specialised construction activities not elsewhere classified112,854
    74909 - Other professional, scientific and technical activities not elsewhere classified117,088
    5530 - Restaurants104,939
    7499 - Non-trading company912,000
    86230 - Dental practice activities81,222
    4525 - Other special trades construction81,811
    96090 - Other service activities not elsewhere classified78,799
    70229 - Management consultancy activities other than financial management614,505
    68209 - Other letting and operating of own or leased real estate63,755
    7414 - Business & management consultancy613,474
    9305 - Other service activities68,858
    96020 - Hairdressing and other beauty treatment61,873
    70100 - Activities of head offices62,862

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC389783 UDC SERVICES LIMITED 01 Dec 2010
    SC389801 CALDERPOINT LIMITED 01 Dec 2010
    SC389850 FSTL LIMITED 02 Dec 2010
    SC389896 E.G. STEELE HOLDINGS LIMITED 03 Dec 2010
    SC389948 ALWAYS TRYING LTD 06 Dec 2010
    SC390068 ENERGYHOUSE SCOT LTD 08 Dec 2010
    SC390085 YQA SOLUTIONS LIMITED 08 Dec 2010
    SC390180 BAIN STREET LIMITED 09 Dec 2010
    SC390364 GISTANDARDS LTD 14 Dec 2010
    SC390432 PEAK LANDSCAPES LTD 16 Dec 2010
    SC390506 HILL MCKIE HOLDINGS LTD 17 Dec 2010
    SC390548 MCPARLANE CONTRACTS LTD 20 Dec 2010
    SC390639 HARVWEST (ARGYLL) LTD 21 Dec 2010
    SC390671 P & M ANDERSON LTD. 21 Dec 2010
    SC390777 EXPRESS EURO LTD 23 Dec 2010
    SC390789 KS NEWSAGENTS (HAMILTON) LTD 23 Dec 2010

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