London, Greater London
Q1 2010 Business Confidence Report
Contents
New Company Registrations
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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) London UK 2010 23,914 105,137 2009 19,897 91,034 % change 20.2% 15.5% Record Year 2007 (30,967) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 6,991 7,334 9,589 New companies in 2009 6,044 6,232 7,621 % change 15.7% 17.7% 25.8% Record Year 2007 (8,406) 2007 (8,705) 2007 (13,856)
Closed Companies (dissolved)
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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) London UK 2010 18,003 82,677 2009 25,771 108,060 % change -30.1% -23.5% Record Year 2009 (25,771) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 4,602 5,565 7,836 Closed companies in 2009 3,215 4,533 18,023 % change 43.1% 22.8% -57% Record Year 2007 (5,574) 2008 (6,497) 2009 (18,023)
Net Company Growth
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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) London UK 2010 5,911 22,460 2009 -5,874 -17,026 Record Year 2007 (16,911) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 2,389 1,769 1,753 Net growth in 2009 2,829 1,699 -10,402 Record Year 1995 (3,284) 2007 (5,036) 2007 (9,043)
UK Company Share
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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 2010 22.7% 2009 21.9% 2008 21.2% 2007 18.6% 2006 20.2% Record Year (since 1960) 1999 (27.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 24.0% 22.1% 22.4% UK formation share in 2009 22.3% 21.9% 21.4% % change 7.3% 0.8% 4.5% Record Year 1989 (28.1%) 1999 (26.3%) 1999 (28.6%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.62% MANAGEMENT 5.01% MANAGEMENT 3.18% CONSULTING 4.60% LONDON 2.52% CONSULTANCY 2.87% INTERNATIONAL 1.87% PROPERTY 2.50% TRADING 1.85% ASSOCIATES 2.04% CAPITAL 1.78% TRADING 1.93% INVEST 1.70% DESIGN 1.91% MEDIA 1.68% CONSTRUCTION 1.87% CONSULTANCY 1.44% MEDIA 1.84% GLOBAL 1.41% BUSINESS 1.74% INVESTMENTS 1.41% INTERNATIONAL 1.73% PROPERTY 1.30% CONSULTANTS 1.63% BUSINESS 1.19% ENGINEERING 1.54% GROUP 1.13% J 1.48% PARTNERS 1.11% LONDON 1.45% PRODUCTIONS 1.09% INVESTMENTS 1.45% DESIGN 1.04% GROUP 1.37% ASSOCIATES 1.03% GLOBAL 1.35% CONSULTANTS 0.89% PROPERTIES 1.35% PROPERTIES 0.88% BUILDING 1.34% CONSTRUCTION 0.87% CARE 1.33% INVESTMENT 0.86% ELECTRICAL 1.30% SECURITY 0.79% M 1.28% ENTERPRISES 0.76% SYSTEMS 1.25% ROAD 0.76% S 1.23%
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 65,326 228,645 7487 - Other business activities 16,206 74,904 9999 - Dormant Company 6,617 19,948 82990 - Other business support service activities not elsewhere classified 5,594 26,974 7414 - Business & management consultancy 4,292 17,003 7499 - Non-trading company 3,557 15,398 99999 - Dormant Company 3,551 13,808 70229 - Management consultancy activities other than financial management 2,372 14,007 7260 - Other computer related activities 2,275 10,331 9305 - Other service activities 2,219 9,038 7222 - Other software consultancy and supply 2,060 9,659 96090 - Other service activities not elsewhere classified 1,798 8,154 74990 - Non-trading company 1,780 8,149 62020 - Information technology consultancy activities 1,679 9,943 4521 - General construction & civil engineering 1,488 9,325 7011 - Development & sell real estate 1,250 5,300 62090 - Other information technology service activities 1,233 6,340 5530 - Restaurants 1,188 4,798 74909 - Other professional, scientific and technical activities not elsewhere classified 1,110 7,143 41100 - Development of building projects 1,014 4,513
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07140629 CAMFORD COLLEGE LIMITED 29 Jan 2010 07138007 DAJAROO LIMITED 27 Jan 2010 07136918 PONNE LTD. 26 Jan 2010 07135976 NU INVESTMENTS LIMITED 26 Jan 2010 07133074 SHAHJALAL CATERING LIMITED 22 Jan 2010 07133050 PEARL OF KENT LIMITED 22 Jan 2010 07131165 TRUE BIO ELECTRIC LIMITED 20 Jan 2010 07129589 PRESTIGE WEALTH MANAGEMENT LIMITED 19 Jan 2010 07128567 HS GROCERS LTD 18 Jan 2010 07128439 CONCIERGE IN THE CITY LTD 18 Jan 2010 07127573 SUPPORT TEAM LOGISTICS LIMITED 16 Jan 2010 07126828 LOKUN LTD 15 Jan 2010 07126050 OASIA LION LTD. 14 Jan 2010 07123792 HOWARD ACADEMY OF MANAGEMENT & SCIENCE (HAMS) LIMITED 13 Jan 2010 07123592 CONSILIUM CONSULTING SERVICES (LONDON) LIMITED 13 Jan 2010 07123498 SANTA SOLUTIONS LIMITED 12 Jan 2010 07121940 THE SCARBOROUGH E1 LIMITED 11 Jan 2010 07120511 ALTITUDE MUSIC LIMITED 08 Jan 2010 07120267 HERMES 5 LTD 08 Jan 2010 07120019 CANKO LIMITED 08 Jan 2010 07119952 LIBERTY BROADCASTING CORPORATION LIMITED 08 Jan 2010 07118862 UNLIMITED VENTURES LIMITED 07 Jan 2010 07118485 KWAM LIMITED 07 Jan 2010 07117453 PLAN FILM PRODUCTIONS LTD 06 Jan 2010 07117382 DECISIVE ADVANTAGE LIMITED 06 Jan 2010
reports
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