London, Greater London

Q1 2010 Business Confidence Report

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 23,914 companies were registered in London during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 20.2% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LondonUK
    201023,914105,137
    200919,89791,034
    % change20.2%15.5%
    Record Year 2007 (30,967) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20106,9917,3349,589
    New companies in 20096,0446,2327,621
    % change15.7%17.7%25.8%
    Record Year2007 (8,406)2007 (8,705)2007 (13,856)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 18,003 companies were dissolved in London during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 30.1% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)LondonUK
    201018,00382,677
    200925,771108,060
    % change-30.1%-23.5%
    Record Year 2009 (25,771) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20104,6025,5657,836
    Closed companies in 20093,2154,53318,023
    % change43.1%22.8%-57%
    Record Year2007 (5,574)2008 (6,497)2009 (18,023)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for London during the first quarter of 2010 (Jan 2010 - Mar 2010) was 5,911 companies.

    first quarter (Jan 2010 - Mar 2010)LondonUK
    20105,91122,460
    2009-5,874-17,026
    Record Year 2007 (16,911) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20102,3891,7691,753
    Net growth in 20092,8291,699-10,402
    Record Year1995 (3,284)2007 (5,036)2007 (9,043)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, London formed 22.7% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)London
    201022.7%
    200921.9%
    200821.2%
    200718.6%
    200620.2%
    Record Year (since 1960) 1999 (27.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 201024.0%22.1%22.4%
    UK formation share in 200922.3%21.9%21.4%
    % change7.3%0.8%4.5%
    Record Year1989 (28.1%)1999 (26.3%)1999 (28.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 43.2.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in London was in 1861 when 40.0% of all directors were female.

    22.6% of all director appointments in London in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING3.62%MANAGEMENT5.01%
    MANAGEMENT3.18%CONSULTING4.60%
    LONDON2.52%CONSULTANCY2.87%
    INTERNATIONAL1.87%PROPERTY2.50%
    TRADING1.85%ASSOCIATES2.04%
    CAPITAL1.78%TRADING1.93%
    INVEST1.70%DESIGN1.91%
    MEDIA1.68%CONSTRUCTION1.87%
    CONSULTANCY1.44%MEDIA1.84%
    GLOBAL1.41%BUSINESS1.74%
    INVESTMENTS1.41%INTERNATIONAL1.73%
    PROPERTY1.30%CONSULTANTS1.63%
    BUSINESS1.19%ENGINEERING1.54%
    GROUP1.13%J1.48%
    PARTNERS1.11%LONDON1.45%
    PRODUCTIONS1.09%INVESTMENTS1.45%
    DESIGN1.04%GROUP1.37%
    ASSOCIATES1.03%GLOBAL1.35%
    CONSULTANTS0.89%PROPERTIES1.35%
    PROPERTIES0.88%BUILDING1.34%
    CONSTRUCTION0.87%CARE1.33%
    INVESTMENT0.86%ELECTRICAL1.30%
    SECURITY0.79%M1.28%
    ENTERPRISES0.76%SYSTEMS1.25%
    ROAD0.76%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied65,326228,645
    7487 - Other business activities16,20674,904
    9999 - Dormant Company6,61719,948
    82990 - Other business support service activities not elsewhere classified5,59426,974
    7414 - Business & management consultancy4,29217,003
    7499 - Non-trading company3,55715,398
    99999 - Dormant Company3,55113,808
    70229 - Management consultancy activities other than financial management2,37214,007
    7260 - Other computer related activities2,27510,331
    9305 - Other service activities2,2199,038
    7222 - Other software consultancy and supply2,0609,659
    96090 - Other service activities not elsewhere classified1,7988,154
    74990 - Non-trading company1,7808,149
    62020 - Information technology consultancy activities1,6799,943
    4521 - General construction & civil engineering1,4889,325
    7011 - Development & sell real estate1,2505,300
    62090 - Other information technology service activities1,2336,340
    5530 - Restaurants1,1884,798
    74909 - Other professional, scientific and technical activities not elsewhere classified1,1107,143
    41100 - Development of building projects1,0144,513

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07209876 URBANPEACHPR LIMITED 31 Mar 2010
    07209487 STUDIO 71 LTD 31 Mar 2010
    07208941 LIVING REPORTING LIMITED 30 Mar 2010
    07207607 AMANI MESSTON & CO LTD 30 Mar 2010
    07206110 SPICE HUT ( MILE END ) LIMITED 29 Mar 2010
    07205880 DANK CATERING LIMITED 29 Mar 2010
    07204973 ABKPONU LIMITED 26 Mar 2010
    07204966 LONDON COMMERCE COLLEGE LIMITED 26 Mar 2010
    07203609 KALEEDO LTD 25 Mar 2010
    07201816 DEPOLE PRODUCTIONS LIMITED 24 Mar 2010
    07200799 M & S BUILDING MAINTENANCE (UK) LIMITED 24 Mar 2010
    07199552 FC JB CO LIMITED 23 Mar 2010
    07199234 WELLMOST LTD 23 Mar 2010
    07196477 DALEMANOR LIMITED 19 Mar 2010
    07196445 MARKWISE LIMITED 19 Mar 2010
    07196302 MAX FASHION LTD 19 Mar 2010
    07194531 CURE STUDIO LTD 18 Mar 2010
    07194269 SEA EAGLE HOLDINGS LIMITED 18 Mar 2010
    07192593 FC GG LIMITED 17 Mar 2010
    07191734 AGARWAL BUSINESS SOLUTIONS LIMITED 16 Mar 2010
    07191006 MS LONDON LIMITED 16 Mar 2010
    07190263 APEX CARTRIDGE LIMITED 16 Mar 2010
    07188758 NEON & SIGNMAKERS.COM LTD 15 Mar 2010
    07187637 LECATALYST LTD 12 Mar 2010
    07186535 LION SISTERS LIMITED 11 Mar 2010