London, Greater London
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 47,342 companies were formed in London. This figure is 17.1% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in London occurred in 2007 when a total of 56,871 were formed.
Half Year (Jan-Jun) London UK 2010 47,342 203,749 2009 40,418 182,021 % change 17.1% 11.9% Record Year 2007 (56,871) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 23,428 companies were registered in London during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 14.2% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) London UK 2010 23,428 98,612 2009 20,521 90,987 % change 14.2% 8.4% Record Year 2007 (25,904) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 7,777 6,956 8,695 New companies in 2009 6,926 6,432 7,163 % change 12.3% 8.1% 21.4% Record Year 2007 (8,712) 2007 (8,097) 2007 (9,095)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 38,129 companies were dissolved in London. This figure is 43.4% lower than last year, which compares well to the UK wide change of -38.6%.
The highest total for a first half year in London occurred in 2009 when a total of 67,352 were closed.
Half Year (Jan-Jun) London UK 2010 38,129 177,631 2009 67,352 289,236 % change -43.4% -38.6% Record Year 2009 (67,352) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 20,126 companies were dissolved in London during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 51.6% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) London UK 2010 20,126 94,954 2009 41,581 181,176 % change -51.6% -47.6% Record Year 2009 (41,581) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 4,773 7,508 7,845 Closed companies in 2009 13,687 18,292 9,602 % change -65.1% -59.0% -18% Record Year 2009 (13,687) 2009 (18,292) 2009 (9,602)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for London increased by 9,213 companies.
Half Year (Jan-Jun) London UK 2010 9,213 26,118 2009 -26,934 -107,215 Record Year 2007 (30,016) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for London during the second quarter of 2010 (Apr 2010 - Jun 2010) was 3,302 companies.
second quarter (Apr 2010 - Jun 2010) London UK 2010 3,302 3,658 2009 -21,060 -90,189 Record Year 2007 (13,105) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 3,004 -552 850 Net growth in 2009 -6,761 -11,860 -2,439 Record Year 2007 (5,762) 1995 (3,298) 2008 (5,781)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 London formed 23.2% of all UK companies. This is more than the 2009 figure of 22.2%.
Half Year (Jan-Jun) London 2010 23.2% 2009 22.2% 2008 21.6% 2007 20.4% 2006 19.7% Record Year (since 1960) 1999 (27.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, London formed 23.8% of all UK companies.
second quarter (Apr 2010 - Jun 2010) London 2010 23.8% 2009 22.6% 2008 22.1% 2007 23.1% 2006 19.2% Record Year (since 1960) 1999 (27.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 23.3% 23.2% 24.7% UK formation share in 2009 22.6% 22.5% 22.6% % change 3.3% 3.1% 9.2% Record Year 1994 (26.5%) 1999 (28.7%) 1996 (27.5%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 42.9.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.6.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in London was 1857 when 40.0% of all directors were female.
22.5% of all director appointments in London in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in London was in 1866 when 66.7% of all directors were female.
22.5% of all director appointments in London in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.75% MANAGEMENT 5.01% MANAGEMENT 3.21% CONSULTING 4.79% LONDON 2.60% CONSULTANCY 3.02% TRADING 1.91% PROPERTY 2.40% CAPITAL 1.80% ASSOCIATES 2.02% INTERNATIONAL 1.75% TRADING 2.01% MEDIA 1.62% DESIGN 1.91% INVEST 1.62% CONSTRUCTION 1.85% CONSULTANCY 1.52% MEDIA 1.80% INVESTMENTS 1.47% BUSINESS 1.75% GLOBAL 1.44% CONSULTANTS 1.71% PROPERTY 1.29% INTERNATIONAL 1.59% PRODUCTIONS 1.14% ENGINEERING 1.56% BUSINESS 1.14% LONDON 1.52% PARTNERS 1.07% INVESTMENTS 1.49% GROUP 1.05% J 1.46% DESIGN 1.04% CARE 1.41% ASSOCIATES 1.01% GLOBAL 1.39% CONSULTANTS 0.92% PROPERTIES 1.35% INVESTMENT 0.90% BUILDING 1.33% PROPERTIES 0.88% M 1.29% CONSTRUCTION 0.86% IT 1.28% ENTERPRISES 0.77% ELECTRICAL 1.27% IT 0.77% GROUP 1.25% ROAD 0.76% DEVELOPMENTS 1.25%
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 60,212 207,125 7487 - Other business activities 15,235 68,525 9999 - Dormant Company 6,636 19,842 82990 - Other business support service activities not elsewhere classified 5,561 25,942 99999 - Dormant Company 3,817 14,342 7499 - Non-trading company 3,241 13,997 7414 - Business & management consultancy 3,220 14,598 70229 - Management consultancy activities other than financial management 2,297 13,490 9305 - Other service activities 2,195 8,822 7260 - Other computer related activities 1,971 9,122 96090 - Other service activities not elsewhere classified 1,831 7,922 7222 - Other software consultancy and supply 1,762 8,285 74990 - Non-trading company 1,688 7,893 62020 - Information technology consultancy activities 1,575 8,590 4521 - General construction & civil engineering 1,304 8,262 5530 - Restaurants 1,188 4,879 62090 - Other information technology service activities 1,138 5,854 74909 - Other professional, scientific and technical activities not elsewhere classified 1,077 6,684 7011 - Development & sell real estate 1,044 4,579 41100 - Development of building projects 821 3,945
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07268205 AL IHSAN LTD 28 May 2010 07267941 ASSET KARBON ENERGY LTD 28 May 2010 07266829 VARION LIMITED 27 May 2010 07266825 TAIBAH LTD 27 May 2010 07266436 HANBURY BUSINESS LIMITED 26 May 2010 07265116 SAGARMATHA CONSULTING LTD 25 May 2010 07264344 NADTOCIJ TRAID LIMITED 25 May 2010 07262707 SAVE A LIFE LTD 24 May 2010 07261253 DIRECT AUTO CLAIMS LIMITED 21 May 2010 07261009 CODESTEED LIMITED 21 May 2010 07259781 QUE LOUNGE LIMITED 20 May 2010 07259183 FRUIT FOR THE APOCALYPSE 19 May 2010 07257416 MEDIATOR LIMITED 18 May 2010 07254537 REXCROSS LIMITED 14 May 2010 07254452 TEAM DAYTONA LIMITED 14 May 2010 07253599 QBEAUTY LTD 13 May 2010 07251999 CADCOVE LTD 12 May 2010 07250959 JOANNA EXPORT IMPORT LTD 12 May 2010 07250439 ONE QONOQO LIMITED 11 May 2010 07249370 LOW KEY MUSIC LTD 11 May 2010 07248780 SUPERTRASH LIMITED 11 May 2010 07248379 MYGOV EDUCATIONAL LIMITED 10 May 2010 07245277 BANGLA CATERING (BRICKLANE) LTD 06 May 2010 07244583 RAIDA LIMITED 06 May 2010 07243525 MINT PARTNERSHIP LIMITED 05 May 2010
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