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
New Company Registrations
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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.
Year Lanarkshire UK 2014 10,143 582,051 2013 10,114 529,363 2012 8,882 491,893 2011 7,922 452,870 2010 7,127 400,358 Record Year 2014 (10,143) 2014 (582,051) New Companies by Year
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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) Lanarkshire UK 2014 4,604 281,320 2013 5,016 259,931 % change -8.2% 8.2% Record Year 2013 (5,016) 2014 (281,320) New Companies by Half Year
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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) Lanarkshire UK 2014 2,232 137,906 2013 2,489 127,247 % change -10.3% 8.4% Record Year 2013 (2,489) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 849 725 658 New companies in 2013 919 859 711 % change -7.6% -15.6% -7.5% Record Year 2013 (919) 2013 (859) 2013 (711)
Closed Companies (dissolved)
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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.
Year Lanarkshire UK 2014 7,227 367,937 2013 6,310 332,213 2012 6,498 293,729 2011 5,582 314,524 2010 7,052 342,233 Record Year 2014 (7,227) 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 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) Lanarkshire UK 2014 3,639 190,730 2013 3,229 177,021 % change 12.7% 7.7% Record Year 2014 (3,639) 2009 (244,544) Dissolved Companies by Half Year
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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) Lanarkshire UK 2014 1,848 89,060 2013 1,566 90,851 % change 18.0% -2.0% Record Year 2010 (1,900) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 829 470 549 Closed companies in 2013 518 536 512 % change 60.0% -12.3% 7% Record Year 2008 (1,021) 2011 (572) 2011 (735)
Net Company Growth
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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.
Year Lanarkshire UK 2014 2,916 214,114 2013 3,804 197,150 2012 2,384 198,164 2011 2,340 138,346 2010 75 58,125 Record Year 2013 (3,804) 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 Lanarkshire increased by 965 companies.
Half Year (Jul-Dec) Lanarkshire UK 2014 965 90,590 2013 1,787 82,910 Record Year 2013 (1,787) 2003 (117,772) Net Growth by Half Year
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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) Lanarkshire UK 2014 384 48,846 2013 923 36,396 Record Year 2013 (923) 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 20 255 109 Net growth in 2013 401 323 199 Record Year 2013 (401) 2013 (323) 1996 (315)
UK Company Share
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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.
Year Lanarkshire 2014 1.7% 2013 1.9% 2012 1.8% 2011 1.7% 2010 1.8% Record Year (since 1960) 1991 (2.2%) Company Share by Year
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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 2014 1.6% 2013 1.9% 2012 1.7% 2011 1.8% 2010 1.7% Record Year (since 1960) 1991 (2.2%) Company Share by Half Year
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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 2014 1.6% 2013 2.0% 2012 1.6% 2011 1.7% 2010 1.7% Record Year (since 1960) 1991 (2.3%) 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 1.6% 1.6% 1.6% UK formation share in 2013 1.9% 2.0% 2.1% % change -12.1% -19.9% -20.8% Record Year 1990 (2.2%) 1991 (2.1%) 1996 (2.9%)
Director Age
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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
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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 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
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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
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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
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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
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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
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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 L.P. 3.02% CONSULTING 5.22% (SCOTLAND) 2.65% MANAGEMENT 4.58% GLASGOW 1.89% CONSULTANCY 3.57% MANAGEMENT 1.87% PROPERTY 2.66% LP 1.83% CONSTRUCTION 2.12% SCOTLAND 1.79% ENGINEERING 2.10% CONSULTING 1.62% CARE 2.02% CONSULTANCY 1.53% TRADING 1.94% ENGINEERING 1.36% LONDON 1.93% PROPERTY 1.01% TRANSPORT 1.93% ELECTRICAL 1.01% DESIGN 1.66% CONSTRUCTION 0.94% CONSULTANTS 1.64% PROPERTIES 0.92% ELECTRICAL 1.62% INVESTMENTS 0.91% PROPERTIES 1.62% BUSINESS 0.84% BUSINESS 1.56% DESIGN 0.81% J 1.54% J 0.76% CO., 1.50% CONTRACTS 0.72% GLOBAL 1.49% ENTERPRISES 0.72% INVESTMENTS 1.48% S 0.69% ASSOCIATES 1.47% TRADING 0.69% DEVELOPMENTS 1.35% ENERGY 0.68% MEDIA 1.33% GLOBAL 0.68% IT 1.31% (GLASGOW) 0.65% BUILDING 1.29% CONSULTANTS 0.62% 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 None Supplied 5,953 265,608 99999 - Dormant Company 956 48,509 82990 - Other business support service activities not elsewhere classified 645 58,068 70229 - Management consultancy activities other than financial management 524 42,290 96090 - Other service activities not elsewhere classified 443 29,009 74990 - Non-trading company 411 13,984 62020 - Information technology consultancy activities 377 30,178 56103 - Take-away food shops and mobile food stands 369 8,318 74909 - Other professional, scientific and technical activities not elsewhere classified 355 19,049 68209 - Other letting and operating of own or leased real estate 295 11,212 56101 - Licensed restaurants 274 8,782 56302 - Public houses and bars 235 6,285 96020 - Hairdressing and other beauty treatment 226 6,742 43999 - Other specialised construction activities not elsewhere classified 223 8,761 71129 - Other engineering activities 212 6,132 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 195 4,167 62090 - Other information technology service activities 186 12,837 56210 - Event catering activities 163 2,417 86900 - Other human health activities 150 12,976 41100 - Development of building projects 148 11,397
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC487863 MK SEALANTS LIMITED 01 Oct 2014 SC488009 GASTRO 37 LTD 02 Oct 2014 SC488062 QUOCEANT LIMITED 03 Oct 2014 SC488088 TARTAN LLIPS LTD 03 Oct 2014 SC488277 DUPONT ASSOCIATES NOMINEE LIMITED 06 Oct 2014 SC489423 CHEEKY CHERUB CAFE LTD 21 Oct 2014 SC489538 WILSON CAD LTD 22 Oct 2014 SC489704 TABLE THIRTEEN LTD 24 Oct 2014 SC489817 ISPARK ELECTRICIANS LIMITED 27 Oct 2014 SC490100 KATIE'S STIRLING LTD 29 Oct 2014 SC490185 WESTLIN RAIL LTD 30 Oct 2014 SC487896 HUMPHREY VVS LTD 01 Oct 2014 SC488155 YELLOWRIVER VIEW LIMITED 06 Oct 2014 SC488205 K-TECH-IT CONSULTANCY LIMITED 06 Oct 2014 SC488238 CORRAN ACCOMMODATION LIMITED 06 Oct 2014 SC488391 EMAC ENGINEERING HOLDINGS LIMITED 07 Oct 2014 SC488412 CORONA CASTLE LTD 08 Oct 2014 SC488542 JUST DRIVE (HOLDINGS) LTD 09 Oct 2014 SC488622 THE REAL LAUNDRY COMPANY GLASGOW LTD 10 Oct 2014 SC488682 SMR BEVERAGES LIMITED 10 Oct 2014 SC488720 NAROMODE LTD 13 Oct 2014 SC488732 FREELANCEITCE LTD 13 Oct 2014 SC488831 H SQUARED K LIC LIMITED 13 Oct 2014 SC488833 ECHO DESIGNS (SOTON) LIMITED 13 Oct 2014 SC488843 THE OZYMA COMPANY LIMITED 14 Oct 2014
reports
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