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
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