London, Greater London

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in London when compared to any previous Q3.
  • September 2010 saw a new record in company registrations in London when compared to any previous September.
  • August 2010 saw a new record in company registrations in London when compared to any previous August.
  • July 2010 saw a new record in company registrations in London when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in London when compared to any previous Q3.

    A total of 24,139 companies were registered in London during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 11.5% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)LondonUK
    201024,139101,492
    200921,65594,671
    % change11.5%7.2%
    Record Year 2010 (24,139) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in company registrations in London when compared to any previous September.

    August 2010 saw a new record in company registrations in London when compared to any previous August.

    July 2010 saw a new record in company registrations in London when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 20108,0947,7388,307
    New companies in 20097,1296,7777,749
    % change13.5%14.2%7.2%
    Record Year2010 (8,094)2010 (7,738)2010 (8,307)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 18,925 companies were dissolved in London during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 30.7% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)LondonUK
    201018,92587,705
    200927,313159,401
    % change-30.7%-45.0%
    Record Year 2009 (27,313) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20105,5967,2196,110
    Closed companies in 20095,6197,83313,861
    % change-0.4%-7.8%-56%
    Record Year2002 (6,179)2008 (12,696)2009 (13,861)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for London during the third quarter of 2010 (Jul 2010 - Sep 2010) was 5,214 companies.

    third quarter (Jul 2010 - Sep 2010)LondonUK
    20105,21413,787
    2009-5,658-64,730
    Record Year 1995 (9,228) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20102,4985192,197
    Net growth in 20091,510-1,056-6,112
    Record Year2008 (4,846)1995 (3,039)2002 (3,935)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, London formed 23.8% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)London
    201023.8%
    200922.9%
    200822.0%
    200722.5%
    200620.5%
    Record Year (since 1960) 1998 (27.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201023.8%23.9%23.6%
    UK formation share in 200922.6%23.1%23.0%
    % change5.6%3.6%2.8%
    Record Year2001 (27.3%)1998 (27.1%)1969 (27.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 42.1.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in London was in 1862 when 50.0% of all directors were female.

    23.4% of all director appointments in London in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.89%MANAGEMENT5.06%
    MANAGEMENT3.28%CONSULTING4.99%
    LONDON2.69%CONSULTANCY3.12%
    TRADING1.98%PROPERTY2.38%
    CAPITAL1.76%TRADING2.04%
    CONSULTANCY1.62%ASSOCIATES2.01%
    INTERNATIONAL1.60%DESIGN1.93%
    MEDIA1.55%CONSTRUCTION1.86%
    GLOBAL1.51%BUSINESS1.80%
    INVEST1.47%MEDIA1.75%
    INVESTMENTS1.41%CONSULTANTS1.73%
    PROPERTY1.30%LONDON1.59%
    BUSINESS1.24%ENGINEERING1.59%
    PRODUCTIONS1.13%INVESTMENTS1.49%
    DESIGN1.07%CARE1.44%
    ASSOCIATES1.03%J1.44%
    PARTNERS1.01%INTERNATIONAL1.43%
    CONSULTANTS0.95%GLOBAL1.42%
    PROPERTIES0.94%IT1.35%
    GROUP0.90%PROPERTIES1.35%
    CONSTRUCTION0.90%BUILDING1.32%
    INVESTMENT0.87%ELECTRICAL1.30%
    ENTERPRISES0.80%M1.28%
    ROAD0.79%SYSTEMS1.26%
    (LONDON)0.79%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied57,386202,902
    7487 - Other business activities15,79669,802
    9999 - Dormant Company7,40221,484
    82990 - Other business support service activities not elsewhere classified5,39825,053
    99999 - Dormant Company3,75314,072
    7414 - Business & management consultancy3,24514,940
    7499 - Non-trading company3,08813,408
    9305 - Other service activities2,3779,454
    70229 - Management consultancy activities other than financial management2,24313,161
    7260 - Other computer related activities1,8838,967
    96090 - Other service activities not elsewhere classified1,8157,767
    7222 - Other software consultancy and supply1,7758,183
    74990 - Non-trading company1,6557,649
    62020 - Information technology consultancy activities1,5328,292
    5530 - Restaurants1,2415,181
    4521 - General construction & civil engineering1,1987,634
    62090 - Other information technology service activities1,1165,716
    74909 - Other professional, scientific and technical activities not elsewhere classified1,0496,460
    7011 - Development & sell real estate8583,743
    64999 - Financial intermediation not elsewhere classified7922,339

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07331561 UK ASSISTED LIVING LTD 30 Jul 2010
    07331017 FIERAN LTD 30 Jul 2010
    07330790 AKZA LTD 30 Jul 2010
    07329807 REALUX AUTO PART'S IMPORT & EXPORT CO., LTD. 29 Jul 2010
    07328735 4WOMEN AND CHILDREN LIMITED 28 Jul 2010
    07328427 MASALA ZONE (LONDON) LTD 28 Jul 2010
    07328220 EDEN CONVENIENCE STORE LTD 28 Jul 2010
    07327495 ARONSHORE LIMITED 27 Jul 2010
    07327031 GRACE COLLEGE LONDON LTD 27 Jul 2010
    07326911 KEYA WORLD LIMITED 27 Jul 2010
    07326233 TGT FRANCHISE CONSULTING LTD 26 Jul 2010
    07326033 BAYLEAF LONDON LIMITED 26 Jul 2010
    07326029 MMATARAZZO LIMITED 26 Jul 2010
    07323733 VICTORSTONE PROPERTY SERVICES LTD 22 Jul 2010
    07323626 DAWOOD ONE PROPERTIES LIMITED 22 Jul 2010
    07322278 ROOPS APPARELS LTD 22 Jul 2010
    07321589 KAKOLI DANCE COMPANY LIMITED 21 Jul 2010
    07319110 WEB ARCHITECTURE AND TECHNOLOGIES LTD 20 Jul 2010
    07316984 KHWAJA ENTERPRISE LIMITED 16 Jul 2010
    07316500 WORLDPAY (UK) LIMITED 15 Jul 2010
    07316460 PRIME-UNION LTD 15 Jul 2010
    07316451 LOTTO LOGIC LIMITED 15 Jul 2010
    07314804 CLASSIE RENTALS LIMITED 14 Jul 2010
    07314065 HM BRITISH NATURAL GAS LTD 14 Jul 2010
    07312867 GNP INTERIORS LTD. 13 Jul 2010