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
New Company Registrations
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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) London UK 2010 24,139 101,492 2009 21,655 94,671 % change 11.5% 7.2% Record Year 2010 (24,139) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 8,094 7,738 8,307 New companies in 2009 7,129 6,777 7,749 % change 13.5% 14.2% 7.2% Record Year 2010 (8,094) 2010 (7,738) 2010 (8,307)
Closed Companies (dissolved)
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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) London UK 2010 18,925 87,705 2009 27,313 159,401 % change -30.7% -45.0% Record Year 2009 (27,313) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 5,596 7,219 6,110 Closed companies in 2009 5,619 7,833 13,861 % change -0.4% -7.8% -56% Record Year 2002 (6,179) 2008 (12,696) 2009 (13,861)
Net Company Growth
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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) London UK 2010 5,214 13,787 2009 -5,658 -64,730 Record Year 1995 (9,228) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 2,498 519 2,197 Net growth in 2009 1,510 -1,056 -6,112 Record Year 2008 (4,846) 1995 (3,039) 2002 (3,935)
UK Company Share
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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 2010 23.8% 2009 22.9% 2008 22.0% 2007 22.5% 2006 20.5% Record Year (since 1960) 1998 (27.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 23.8% 23.9% 23.6% UK formation share in 2009 22.6% 23.1% 23.0% % change 5.6% 3.6% 2.8% Record Year 2001 (27.3%) 1998 (27.1%) 1969 (27.8%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.89% MANAGEMENT 5.06% MANAGEMENT 3.28% CONSULTING 4.99% LONDON 2.69% CONSULTANCY 3.12% TRADING 1.98% PROPERTY 2.38% CAPITAL 1.76% TRADING 2.04% CONSULTANCY 1.62% ASSOCIATES 2.01% INTERNATIONAL 1.60% DESIGN 1.93% MEDIA 1.55% CONSTRUCTION 1.86% GLOBAL 1.51% BUSINESS 1.80% INVEST 1.47% MEDIA 1.75% INVESTMENTS 1.41% CONSULTANTS 1.73% PROPERTY 1.30% LONDON 1.59% BUSINESS 1.24% ENGINEERING 1.59% PRODUCTIONS 1.13% INVESTMENTS 1.49% DESIGN 1.07% CARE 1.44% ASSOCIATES 1.03% J 1.44% PARTNERS 1.01% INTERNATIONAL 1.43% CONSULTANTS 0.95% GLOBAL 1.42% PROPERTIES 0.94% IT 1.35% GROUP 0.90% PROPERTIES 1.35% CONSTRUCTION 0.90% BUILDING 1.32% INVESTMENT 0.87% ELECTRICAL 1.30% ENTERPRISES 0.80% M 1.28% ROAD 0.79% SYSTEMS 1.26% (LONDON) 0.79% S 1.24%
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 57,386 202,902 7487 - Other business activities 15,796 69,802 9999 - Dormant Company 7,402 21,484 82990 - Other business support service activities not elsewhere classified 5,398 25,053 99999 - Dormant Company 3,753 14,072 7414 - Business & management consultancy 3,245 14,940 7499 - Non-trading company 3,088 13,408 9305 - Other service activities 2,377 9,454 70229 - Management consultancy activities other than financial management 2,243 13,161 7260 - Other computer related activities 1,883 8,967 96090 - Other service activities not elsewhere classified 1,815 7,767 7222 - Other software consultancy and supply 1,775 8,183 74990 - Non-trading company 1,655 7,649 62020 - Information technology consultancy activities 1,532 8,292 5530 - Restaurants 1,241 5,181 4521 - General construction & civil engineering 1,198 7,634 62090 - Other information technology service activities 1,116 5,716 74909 - Other professional, scientific and technical activities not elsewhere classified 1,049 6,460 7011 - Development & sell real estate 858 3,743 64999 - Financial intermediation not elsewhere classified 792 2,339
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07330282 HEALTHY CHULA C.I.C. 29 Jul 2010 07330127 SHIP MIDCO LIMITED 29 Jul 2010 07328257 AVKS CONSULTING LTD 28 Jul 2010 07328103 VISIDESH LTD 28 Jul 2010 07327423 TATE APARTMENTS SLY STREET LTD 27 Jul 2010 07326377 KAPLAN FINANCE LTD 27 Jul 2010 07326233 TGT FRANCHISE CONSULTING LTD 26 Jul 2010 07325081 MILMAN CONSTRUCTION LIMITED 23 Jul 2010 07324485 FITTRO 2002 LIMITED 23 Jul 2010 07324077 WHITE HORSE FISH BAR LIMITED 23 Jul 2010 07323812 AI (UK) CAPITAL LTD 22 Jul 2010 07323677 SIMA ENTERPRISE LIMITED 22 Jul 2010 07323626 DAWOOD ONE PROPERTIES LIMITED 22 Jul 2010 07322976 CY FASHION IMPORT & EXPORT UK LIMITED 22 Jul 2010 07322033 BIOPLANT NUTRIENTS LIMITED 21 Jul 2010 07321598 LITTLE ELVES LTD 21 Jul 2010 07320815 ORCHID RESTAURANT LIMITED 20 Jul 2010 07319110 WEB ARCHITECTURE AND TECHNOLOGIES LTD 20 Jul 2010 07318903 MASALA LAKESIDE LIMITED 19 Jul 2010 07318206 POET'S BRASSERIE LTD 19 Jul 2010 07316460 PRIME-UNION LTD 15 Jul 2010 07315083 VANTAGE POINT ENTERPRISE LIMITED 14 Jul 2010 07314804 CLASSIE RENTALS LIMITED 14 Jul 2010 07314126 SAHA & CO LTD 14 Jul 2010 07313004 TARN & CO LIMITED 13 Jul 2010
reports
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