Hamilton, Lanarkshire
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 saw a new record in company registrations in Hamilton when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Hamilton when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Hamilton when compared to any previous December.
- October 2014 saw a new record in company registrations in Hamilton when compared to any previous October.
- 2014 was a record year for company closures in Hamilton when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Hamilton when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Hamilton when compared to any half year in history.
- December 2014 saw a new record in company closures in Hamilton when compared to any previous December.
- October 2014 saw a new record in company closures in Hamilton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
A total of 525 companies were formed in Hamilton in 2014. This total is 4.2% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Hamilton UK 2014 525 582,051 2013 504 529,363 2012 584 491,893 2011 398 452,870 2010 423 400,358 Record Year 2012 (584) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Hamilton when compared to any previous second half year.
In the second half of 2014 a total of 252 companies were formed in Hamilton. This figure is 6.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Hamilton occurred in 2014 when a total of 252 were formed.
Half Year (Jul-Dec) Hamilton UK 2014 252 281,320 2013 236 259,931 % change 6.8% 8.2% Record Year 2014 (252) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Hamilton when compared to any previous Q4.
A total of 123 companies were registered in Hamilton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 13.9% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hamilton UK 2014 123 137,906 2013 108 127,247 % change 13.9% 8.4% Record Year 2014 (123) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Hamilton when compared to any previous December.
October 2014 saw a new record in company registrations in Hamilton when compared to any previous October.
New Companies by Month
October November December New companies in 2014 44 37 42 New companies in 2013 38 38 32 % change 15.8% -2.6% 31.3% Record Year 2014 (44) 2011 (56) 2014 (42)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Hamilton when compared to any year in history.
A total of 499 companies were dissolved in Hamilton in 2014. This total is 67.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Hamilton UK 2014 499 367,937 2013 298 332,213 2012 306 293,729 2011 244 314,524 2010 340 342,233 Record Year 2014 (499) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Hamilton when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Hamilton when compared to any half year in history.
In the second half of 2014 a total of 285 companies were dissolved in Hamilton. This figure is 90.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Hamilton occurred in 2014 when a total of 285 were closed.
Half Year (Jul-Dec) Hamilton UK 2014 285 190,730 2013 150 177,021 % change 90.0% 7.7% Record Year 2014 (285) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 129 companies were dissolved in Hamilton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 74.3% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hamilton UK 2014 129 89,060 2013 74 90,851 % change 74.3% -2.0% Record Year 2014 (129) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Hamilton when compared to any previous December.
October 2014 saw a new record in company closures in Hamilton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2014 50 27 52 Closed companies in 2013 21 21 32 % change 138.1% 28.6% 63% Record Year 2014 (50) 2010 (32) 2014 (52)
Net Company Growth
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Annual Data (2014)
A total of 26 companies were added to the company register for Hamilton in 2014. This number represents growth of 5.0% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 180 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Hamilton company register grew by 278 companies.
Year Hamilton UK 2014 26 214,114 2013 206 197,150 2012 278 198,164 2011 154 138,346 2010 83 58,125 Record Year 2012 (278) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Hamilton decreased by 33 companies.
Half Year (Jul-Dec) Hamilton UK 2014 -33 90,590 2013 86 82,910 Record Year 2003 (131) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Hamilton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was -6 companies.
fourth quarter (Oct 2014 - Dec 2014) Hamilton UK 2014 -6 48,846 2013 34 36,396 Record Year 2006 (52) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 -6 10 -10 Net growth in 2013 17 17 0 Record Year 2007 (23) 2011 (27) 2002 (21)
UK Company Share
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Annual Data (2014)
In 2014 Hamilton formed 0.1% of all UK companies. This is no change on 2013 when Hamilton was responsible for 0.1% of all UK companies.
Year Hamilton 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2012 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Hamilton formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Hamilton 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2010 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Hamilton formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Hamilton 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2010 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 10.0% -7.6% 12.3% Record Year 2010 (0.1%) 2010 (0.2%) 2001 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.8.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.7.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Hamilton was 1987 when 50.0% of all directors were female.
The percentage of female directors in Hamilton in 2014 was 25.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Hamilton was 2007 when 37.2% of all directors were female.
23.6% of all director appointments in Hamilton in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Hamilton was in 2007 when 39.7% of all directors were female.
18.1% of all director appointments in Hamilton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 1.78% CONSULTING 5.22% ILI 1.22% MANAGEMENT 4.58% MANAGEMENT 1.11% CONSULTANCY 3.57% J 1.00% PROPERTY 2.66% SCOTLAND 0.89% CONSTRUCTION 2.12% TATTOO 0.78% ENGINEERING 2.10% S 0.78% CARE 2.02% ENGINEERING 0.78% TRADING 1.94% R 0.67% LONDON 1.93% CONTRACTS 0.67% TRANSPORT 1.93% ROCK'N'ROLL 0.67% DESIGN 1.66% PIERCING 0.67% CONSULTANTS 1.64% BUILDERS 0.67% ELECTRICAL 1.62% SALES 0.67% PROPERTIES 1.62% H 0.56% BUSINESS 1.56% CONSULTANCY 0.56% J 1.54% CATERING 0.56% CO., 1.50% PROPERTIES 0.56% GLOBAL 1.49% G 0.56% INVESTMENTS 1.48% MARKETING 0.56% ASSOCIATES 1.47% ENERGY 0.56% DEVELOPMENTS 1.35% C 0.56% MEDIA 1.33% GREEN 0.56% IT 1.31% ELECTRICAL 0.56% BUILDING 1.29% CONSTRUCTION 0.56% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies 74990 - Non-trading company 231 13,984 None Supplied 201 265,608 99999 - Dormant Company 48 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 34 19,049 70229 - Management consultancy activities other than financial management 33 42,290 43999 - Other specialised construction activities not elsewhere classified 29 8,761 96020 - Hairdressing and other beauty treatment 26 6,742 96090 - Other service activities not elsewhere classified 19 29,009 62020 - Information technology consultancy activities 18 30,178 56103 - Take-away food shops and mobile food stands 16 8,318 43320 - Joinery installation 15 2,180 56302 - Public houses and bars 14 6,285 82990 - Other business support service activities not elsewhere classified 14 58,068 43220 - Plumbing, heat and air-conditioning installation 12 5,189 43210 - Electrical installation 11 5,985 69201 - Accounting and auditing activities 10 7,528 49410 - Freight transport by road 10 10,842 45200 - Maintenance and repair of motor vehicles 10 5,425 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 10 4,167 64999 - Financial intermediation not elsewhere classified 9 6,083
Recent Companies
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Randomly selected companies from this quarter
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