London, Greater London

2010 Half Year 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. 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)LondonUK
    201047,342203,749
    200940,418182,021
    % change17.1%11.9%
    Record Year2007 (56,871)2007 (279,097)
    New Companies by Half Year
  2. 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)LondonUK
    201023,42898,612
    200920,52190,987
    % change14.2%8.4%
    Record Year 2007 (25,904) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 20107,7776,9568,695
    New companies in 20096,9266,4327,163
    % change12.3%8.1%21.4%
    Record Year2007 (8,712)2007 (8,097)2007 (9,095)

Closed Companies (dissolved)

  1. 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)LondonUK
    201038,129177,631
    200967,352289,236
    % change-43.4%-38.6%
    Record Year2009 (67,352)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)LondonUK
    201020,12694,954
    200941,581181,176
    % change-51.6%-47.6%
    Record Year 2009 (41,581) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20104,7737,5087,845
    Closed companies in 200913,68718,2929,602
    % change-65.1%-59.0%-18%
    Record Year2009 (13,687)2009 (18,292)2009 (9,602)

Net Company Growth

  1. 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)LondonUK
    20109,21326,118
    2009-26,934-107,215
    Record Year2007 (30,016)2007 (171,296)
    Net Growth by Half Year
  2. 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)LondonUK
    20103,3023,658
    2009-21,060-90,189
    Record Year 2007 (13,105) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 20103,004-552850
    Net growth in 2009-6,761-11,860-2,439
    Record Year2007 (5,762)1995 (3,298)2008 (5,781)

UK Company Share

  1. 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
    201023.2%
    200922.2%
    200821.6%
    200720.4%
    200619.7%
    Record Year (since 1960) 1999 (27.4%)
    Company Share by Half Year
  2. 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
    201023.8%
    200922.6%
    200822.1%
    200723.1%
    200619.2%
    Record Year (since 1960) 1999 (27.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 201023.3%23.2%24.7%
    UK formation share in 200922.6%22.5%22.6%
    % change3.3%3.1%9.2%
    Record Year1994 (26.5%)1999 (28.7%)1996 (27.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING3.75%MANAGEMENT5.01%
    MANAGEMENT3.21%CONSULTING4.79%
    LONDON2.60%CONSULTANCY3.02%
    TRADING1.91%PROPERTY2.40%
    CAPITAL1.80%ASSOCIATES2.02%
    INTERNATIONAL1.75%TRADING2.01%
    MEDIA1.62%DESIGN1.91%
    INVEST1.62%CONSTRUCTION1.85%
    CONSULTANCY1.52%MEDIA1.80%
    INVESTMENTS1.47%BUSINESS1.75%
    GLOBAL1.44%CONSULTANTS1.71%
    PROPERTY1.29%INTERNATIONAL1.59%
    PRODUCTIONS1.14%ENGINEERING1.56%
    BUSINESS1.14%LONDON1.52%
    PARTNERS1.07%INVESTMENTS1.49%
    GROUP1.05%J1.46%
    DESIGN1.04%CARE1.41%
    ASSOCIATES1.01%GLOBAL1.39%
    CONSULTANTS0.92%PROPERTIES1.35%
    INVESTMENT0.90%BUILDING1.33%
    PROPERTIES0.88%M1.29%
    CONSTRUCTION0.86%IT1.28%
    ENTERPRISES0.77%ELECTRICAL1.27%
    IT0.77%GROUP1.25%
    ROAD0.76%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied60,212207,125
    7487 - Other business activities15,23568,525
    9999 - Dormant Company6,63619,842
    82990 - Other business support service activities not elsewhere classified5,56125,942
    99999 - Dormant Company3,81714,342
    7499 - Non-trading company3,24113,997
    7414 - Business & management consultancy3,22014,598
    70229 - Management consultancy activities other than financial management2,29713,490
    9305 - Other service activities2,1958,822
    7260 - Other computer related activities1,9719,122
    96090 - Other service activities not elsewhere classified1,8317,922
    7222 - Other software consultancy and supply1,7628,285
    74990 - Non-trading company1,6887,893
    62020 - Information technology consultancy activities1,5758,590
    4521 - General construction & civil engineering1,3048,262
    5530 - Restaurants1,1884,879
    62090 - Other information technology service activities1,1385,854
    74909 - Other professional, scientific and technical activities not elsewhere classified1,0776,684
    7011 - Development & sell real estate1,0444,579
    41100 - Development of building projects8213,945

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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