Hamilton, Lanarkshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company closures in Hamilton when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company closures in Hamilton when compared to any half year in history.
  • June 2014 saw a new record in company closures in Hamilton when compared to any previous June.
  • June 2014 was a record month for company closures in Hamilton when compared to any month in history.

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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 273 companies were formed in Hamilton. This figure is 1.9% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Hamilton occurred in 2012 when a total of 363 were formed.

    Half Year (Jan-Jun)HamiltonUK
    2014273300,731
    2013268269,432
    % change1.9%11.6%
    Record Year2012 (363)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 131 companies were registered in Hamilton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 5.1% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HamiltonUK
    2014131150,009
    2013138134,630
    % change-5.1%11.4%
    Record Year 2012 (233) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014513743
    New companies in 2013474447
    % change8.5%-15.9%-8.5%
    Record Year2012 (119)2012 (82)2013 (47)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company closures in Hamilton when compared to any previous first half year.

    The first half of 2014 was a record first half year for company closures in Hamilton when compared to any half year in history.

    In the first half of 2014 a total of 214 companies were dissolved in Hamilton. This figure is 44.6% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Hamilton occurred in 2014 when a total of 214 were closed.

    Half Year (Jan-Jun)HamiltonUK
    2014214177,207
    2013148155,192
    % change44.6%14.2%
    Record Year2014 (214)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 116 companies were dissolved in Hamilton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 54.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HamiltonUK
    201411694,837
    20137577,278
    % change54.7%22.7%
    Record Year 2014 (116) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company closures in Hamilton when compared to any previous June.

    June 2014 was a record month for company closures in Hamilton when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014193166
    Closed companies in 2013352416
    % change-45.7%29.2%313%
    Record Year2013 (35)2010 (62)2014 (66)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Hamilton increased by 59 companies.

    Half Year (Jan-Jun)HamiltonUK
    201459123,524
    2013120114,240
    Record Year2012 (198)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Hamilton during the second quarter of 2014 (Apr 2014 - Jun 2014) was 15 companies.

    second quarter (Apr 2014 - Jun 2014)HamiltonUK
    20141555,172
    20136357,352
    Record Year 2012 (160) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014326-23
    Net growth in 2013122031
    Record Year2012 (99)2012 (54)2013 (31)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Hamilton formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Hamilton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Hamilton formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Hamilton
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-2.1%-22.4%-20.7%
    Record Year2012 (0.3%)2012 (0.2%)2001 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 45.1.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.7.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Hamilton was 2005 when 37.9% of all directors were female.

    26.8% of all director appointments in Hamilton in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Hamilton was in 2005 when 39.7% of all directors were female.

    25.7% of all director appointments in Hamilton in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    ILI1.64%CONSULTING5.16%
    (SCOTLAND)1.31%MANAGEMENT4.64%
    CONSULTANCY0.99%CONSULTANCY3.50%
    MANAGEMENT0.99%PROPERTY2.66%
    GLASGOW0.77%TRADING2.03%
    ELECTRICAL0.77%ENGINEERING1.99%
    SCOTLAND0.77%CONSTRUCTION1.93%
    PROPERTY0.77%LONDON1.93%
    SALES0.77%CARE1.85%
    B0.66%DESIGN1.75%
    TRANSPORT0.66%CONSULTANTS1.73%
    BUILDING0.66%BUSINESS1.69%
    C0.66%PROPERTIES1.63%
    CONSTRUCTION0.55%TRANSPORT1.58%
    CLEANING0.55%GLOBAL1.55%
    HAIR0.55%INVESTMENTS1.55%
    PARK0.55%J1.51%
    CATERING0.55%ASSOCIATES1.48%
    (HAMILTON)0.55%MEDIA1.44%
    S0.44%ELECTRICAL1.40%
    INVESTMENTS0.44%IT1.33%
    CENTRE0.44%DEVELOPMENTS1.33%
    CONSULTING0.44%BUILDING1.26%
    BUILDERS0.44%M1.24%
    MAINTENANCE0.44%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    74990 - Non-trading company22314,351
    None Supplied186261,557
    74909 - Other professional, scientific and technical activities not elsewhere classified6219,058
    99999 - Dormant Company3348,436
    96020 - Hairdressing and other beauty treatment276,631
    70229 - Management consultancy activities other than financial management2540,250
    43999 - Other specialised construction activities not elsewhere classified248,533
    82990 - Other business support service activities not elsewhere classified2257,421
    62020 - Information technology consultancy activities1729,029
    96090 - Other service activities not elsewhere classified1728,352
    56302 - Public houses and bars166,099
    56103 - Take-away food shops and mobile food stands167,840
    43210 - Electrical installation156,050
    43320 - Joinery installation122,169
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating103,928
    49410 - Freight transport by road109,265
    43220 - Plumbing, heat and air-conditioning installation105,075
    35110 - Production of electricity92,396
    41100 - Development of building projects910,527
    86230 - Dental practice activities82,056

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC476610 GREEN HOMES BY EMTEC LTD 01 May 2014
    SC476613 EMTEC GROUP MANAGEMENT LTD 01 May 2014
    SC476745 AQUA IT SUPPORT LTD 02 May 2014
    SC476827 MASS FITNESS LTD 06 May 2014
    SC477077 OMG HAIR DISTRIBUTION LTD 08 May 2014
    SC477079 ROBB VEHICLE SERVICES LTD 08 May 2014
    SC477082 ZEN KITTY LIMITED 08 May 2014
    SC477265 LKH CUISINE LIMITED 09 May 2014
    SC477484 SPORT SAFE SUPPLEMENTS LIMITED 13 May 2014
    SC477574 ROSS LOVE KITCHENS + BEDROOMS LIMITED 14 May 2014
    SC477620 ILI (NEILSTON LINE) LIMITED 14 May 2014
    SC477638 USHCO CATERING LTD 14 May 2014
    SC477689 FISHKEEPER SCOTLAND LTD 15 May 2014
    SC477739 JSK SALES LIMITED 15 May 2014
    SC477744 KYPESIDE HDF LTD 15 May 2014
    SC477825 RETOX INNS LTD 16 May 2014
    SC477847 AMM WEDDING CARS LTD 16 May 2014
    SC477989 THE GOOD CHEF LIMITED 20 May 2014
    SC478038 STARDUST CHILDREN'S BOUTIQUE LIMITED 20 May 2014
    SC478075 INDEPENDENT ESTATES LETS LTD 21 May 2014
    SC478484 REVIVE HOME IMPROVEMENTS LIMITED 27 May 2014
    SC478564 EAT CLEAN MEALS LTD 28 May 2014
    SC478654 XPRESS SOLUTIONS LTD 29 May 2014
    SC478785 HUSKIE LTD 29 May 2014
    SC478855 SMASH-A-BALL LIMITED 30 May 2014

reports

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