Lanarkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Lanarkshire when compared to any year in history.
  • 2014 was a record year for company closures in Lanarkshire when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Lanarkshire when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Lanarkshire when compared to any half year 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. Annual Data (2014)

    2014 was a record year for company registrations in Lanarkshire when compared to any year in history.

    A total of 10,143 companies were formed in Lanarkshire in 2014. This total is 0.3% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearLanarkshireUK
    201410,143582,051
    201310,114529,363
    20128,882491,893
    20117,922452,870
    20107,127400,358
    Record Year2014 (10,143)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 4,604 companies were formed in Lanarkshire. This figure is 8.2% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Lanarkshire occurred in 2013 when a total of 5,016 were formed.

    Half Year (Jul-Dec)LanarkshireUK
    20144,604281,320
    20135,016259,931
    % change-8.2%8.2%
    Record Year2013 (5,016)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 2,232 companies were registered in Lanarkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 10.3% versus the same period last year (Q4 2013). This figure compares badly 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)LanarkshireUK
    20142,232137,906
    20132,489127,247
    % change-10.3%8.4%
    Record Year 2013 (2,489) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014849725658
    New companies in 2013919859711
    % change-7.6%-15.6%-7.5%
    Record Year2013 (919)2013 (859)2013 (711)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Lanarkshire when compared to any year in history.

    A total of 7,227 companies were dissolved in Lanarkshire in 2014. This total is 14.5% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearLanarkshireUK
    20147,227367,937
    20136,310332,213
    20126,498293,729
    20115,582314,524
    20107,052342,233
    Record Year2014 (7,227)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

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

    In the second half of 2014 a total of 3,639 companies were dissolved in Lanarkshire. This figure is 12.7% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Lanarkshire occurred in 2014 when a total of 3,639 were closed.

    Half Year (Jul-Dec)LanarkshireUK
    20143,639190,730
    20133,229177,021
    % change12.7%7.7%
    Record Year2014 (3,639)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 1,848 companies were dissolved in Lanarkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 18.0% 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)LanarkshireUK
    20141,84889,060
    20131,56690,851
    % change18.0%-2.0%
    Record Year 2010 (1,900) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014829470549
    Closed companies in 2013518536512
    % change60.0%-12.3%7%
    Record Year2008 (1,021)2011 (572)2011 (735)

Net Company Growth

  1. Annual Data (2014)

    A total of 2,916 companies were added to the company register for Lanarkshire in 2014. This number represents growth of 28.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 888 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Lanarkshire company register grew by 3,804 companies.

    YearLanarkshireUK
    20142,916214,114
    20133,804197,150
    20122,384198,164
    20112,340138,346
    20107558,125
    Record Year2013 (3,804)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Lanarkshire increased by 965 companies.

    Half Year (Jul-Dec)LanarkshireUK
    201496590,590
    20131,78782,910
    Record Year2013 (1,787)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Lanarkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 384 companies.

    fourth quarter (Oct 2014 - Dec 2014)LanarkshireUK
    201438448,846
    201392336,396
    Record Year 2013 (923) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201420255109
    Net growth in 2013401323199
    Record Year2013 (401)2013 (323)1996 (315)

UK Company Share

  1. Annual Data (2014)

    In 2014 Lanarkshire formed 1.7% of all UK companies. This is a decline on 2013 when Lanarkshire was responsible for 1.9% of all UK companies.

    YearLanarkshire
    20141.7%
    20131.9%
    20121.8%
    20111.7%
    20101.8%
    Record Year (since 1960)1991 (2.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Lanarkshire formed 1.6% of all UK companies. This is less than the 2013 figure of 1.9%.

    Half Year (Jul-Dec)Lanarkshire
    20141.6%
    20131.9%
    20121.7%
    20111.8%
    20101.7%
    Record Year (since 1960) 1991 (2.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Lanarkshire formed 1.6% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Lanarkshire
    20141.6%
    20132.0%
    20121.6%
    20111.7%
    20101.7%
    Record Year (since 1960) 1991 (2.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.6%1.6%1.6%
    UK formation share in 20131.9%2.0%2.1%
    % change-12.1%-19.9%-20.8%
    Record Year1990 (2.2%)1991 (2.1%)1996 (2.9%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.0.

    The percentage of directors under the age of 25 was 3.1% 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
  2. 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 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.0.

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

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Lanarkshire was 2003 when 29.4% of all directors were female.

    The percentage of female directors in Lanarkshire in 2014 was 24.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Lanarkshire was 2007 when 27.9% of all directors were female.

    24.1% of all director appointments in Lanarkshire 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Lanarkshire was in 2007 when 28.0% of all directors were female.

    24.7% of all director appointments in Lanarkshire 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

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

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

    wordpercentageuk worduk percentage
    L.P.3.02%CONSULTING5.22%
    (SCOTLAND)2.65%MANAGEMENT4.58%
    GLASGOW1.89%CONSULTANCY3.57%
    MANAGEMENT1.87%PROPERTY2.66%
    LP1.83%CONSTRUCTION2.12%
    SCOTLAND1.79%ENGINEERING2.10%
    CONSULTING1.62%CARE2.02%
    CONSULTANCY1.53%TRADING1.94%
    ENGINEERING1.36%LONDON1.93%
    PROPERTY1.01%TRANSPORT1.93%
    ELECTRICAL1.01%DESIGN1.66%
    CONSTRUCTION0.94%CONSULTANTS1.64%
    PROPERTIES0.92%ELECTRICAL1.62%
    INVESTMENTS0.91%PROPERTIES1.62%
    BUSINESS0.84%BUSINESS1.56%
    DESIGN0.81%J1.54%
    J0.76%CO.,1.50%
    CONTRACTS0.72%GLOBAL1.49%
    ENTERPRISES0.72%INVESTMENTS1.48%
    S0.69%ASSOCIATES1.47%
    TRADING0.69%DEVELOPMENTS1.35%
    ENERGY0.68%MEDIA1.33%
    GLOBAL0.68%IT1.31%
    (GLASGOW)0.65%BUILDING1.29%
    CONSULTANTS0.62%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,953265,608
    99999 - Dormant Company95648,509
    82990 - Other business support service activities not elsewhere classified64558,068
    70229 - Management consultancy activities other than financial management52442,290
    96090 - Other service activities not elsewhere classified44329,009
    74990 - Non-trading company41113,984
    62020 - Information technology consultancy activities37730,178
    56103 - Take-away food shops and mobile food stands3698,318
    74909 - Other professional, scientific and technical activities not elsewhere classified35519,049
    68209 - Other letting and operating of own or leased real estate29511,212
    56101 - Licensed restaurants2748,782
    56302 - Public houses and bars2356,285
    96020 - Hairdressing and other beauty treatment2266,742
    43999 - Other specialised construction activities not elsewhere classified2238,761
    71129 - Other engineering activities2126,132
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1954,167
    62090 - Other information technology service activities18612,837
    56210 - Event catering activities1632,417
    86900 - Other human health activities15012,976
    41100 - Development of building projects14811,397

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC490638 MARBLE FASHION DESIGNS HOLDINGS LIMITED 06 Nov 2014
    SC490696 UK DIGITAL ACADEMY LTD 06 Nov 2014
    SC490829 WES SERVICE LTD 10 Nov 2014
    SC491027 ALPLOD LTD 11 Nov 2014
    SC491640 KENNEDY & CO CONSULTANCY LTD 20 Nov 2014
    SC491741 LORENA INVESTMENTS LIMITED 21 Nov 2014
    SC491847 CLAREBELLE LTD 24 Nov 2014
    SC492258 ARDAMAKA LTD 28 Nov 2014
    SC490357 WALKWELL SOLUTIONS LIMITED 03 Nov 2014
    SC490675 A&R PARTNERS LEGAL SERVICES LIMITED 06 Nov 2014
    SC490684 NATT LIMITED 06 Nov 2014
    SC490726 FINANCIAL CONSULTING ONE LIMITED 07 Nov 2014
    SC490758 PATERSON RENEWABLES LTD 07 Nov 2014
    SC490766 EUROPEAN COUNTRIES LIMITED 07 Nov 2014
    SC490956 ONCALL CARE SERVICE LTD 11 Nov 2014
    SC491015 PROW LEISURE LIMITED 11 Nov 2014
    SC491129 STEP INNS LIMITED 12 Nov 2014
    SC491294 LET UZ INNS SOUTH LIMITED 14 Nov 2014
    SC491421 YOUR WAY (TRAVEL) LTD 17 Nov 2014
    SC491480 ULTIMATE SUPPLEMENTS LTD 18 Nov 2014
    SC491511 GRAMPIAN ESTATES LIMITED 18 Nov 2014
    SC491532 VISIONWARE EBT TRUSTEE LIMITED 18 Nov 2014
    SC491563 FIDELITE LIMITED 18 Nov 2014
    SC491565 SCOTCALL LIMITED 19 Nov 2014
    SC491601 FUSION PROSPERITY LTD 19 Nov 2014