London, Greater London
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company registrations in London when compared to any previous February.
- January 2011 saw a new record in company closures in London when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 28,033 companies were registered in London during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 17.2% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) London UK 2011 28,033 116,391 2010 23,914 105,137 % change 17.2% 10.7% Record Year 2007 (30,967) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in London when compared to any previous February.
New Companies by Month
January February March New companies in 2011 8,396 9,001 10,636 New companies in 2010 6,991 7,334 9,589 % change 20.1% 22.7% 10.9% Record Year 2007 (8,406) 2011 (9,001) 2007 (13,856)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 20,472 companies were dissolved in London during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 13.7% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) London UK 2011 20,472 90,986 2010 18,003 82,677 % change 13.7% 10.0% Record Year 2009 (25,771) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in London when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 8,040 5,880 6,552 Closed companies in 2010 4,602 5,565 7,836 % change 74.7% 5.7% -16% Record Year 2011 (8,040) 2008 (6,497) 2009 (18,023)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for London during the first quarter of 2011 (Jan 2011 - Mar 2011) was 7,561 companies.
first quarter (Jan 2011 - Mar 2011) London UK 2011 7,561 25,405 2010 5,911 22,460 Record Year 2007 (16,911) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 356 3,121 4,084 Net growth in 2010 2,389 1,769 1,753 Record Year 1995 (3,284) 2007 (5,036) 2007 (9,043)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, London formed 24.1% of all UK companies.
first quarter (Jan 2011 - Mar 2011) London 2011 24.1% 2010 22.7% 2009 21.9% 2008 21.2% 2007 18.6% Record Year (since 1960) 1999 (27.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 24.9% 23.8% 23.7% UK formation share in 2010 24.0% 22.1% 22.4% % change 3.6% 7.9% 5.8% Record Year 1989 (28.1%) 1999 (26.3%) 1999 (28.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 41.9.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in London was in 1861 when 40.0% of all directors were female.
23.1% of all director appointments in London in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 4.00% CONSULTING 5.04% MANAGEMENT 3.18% MANAGEMENT 4.97% LONDON 2.61% CONSULTANCY 3.16% TRADING 2.04% PROPERTY 2.38% CAPITAL 1.68% TRADING 2.10% CONSULTANCY 1.67% DESIGN 1.93% GLOBAL 1.64% ASSOCIATES 1.92% INVEST 1.61% BUSINESS 1.87% MEDIA 1.48% CONSTRUCTION 1.80% INTERNATIONAL 1.47% CONSULTANTS 1.76% INVESTMENTS 1.37% MEDIA 1.69% PROPERTY 1.35% ENGINEERING 1.61% BUSINESS 1.30% LONDON 1.60% PRODUCTIONS 1.18% CARE 1.45% DESIGN 1.04% J 1.45% CONSULTANTS 1.03% GLOBAL 1.44% ASSOCIATES 1.01% INVESTMENTS 1.43% PROPERTIES 0.94% IT 1.41% PARTNERS 0.93% PROPERTIES 1.36% INVESTMENT 0.92% BUILDING 1.34% GROUP 0.89% M 1.30% CONSTRUCTION 0.87% ELECTRICAL 1.28% IT 0.82% S 1.24% SECURITY 0.81% INTERNATIONAL 1.23% ENTERPRISES 0.77% SYSTEMS 1.23%
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 57,634 202,798 7487 - Other business activities 14,099 60,968 82990 - Other business support service activities not elsewhere classified 7,091 30,253 9999 - Dormant Company 6,713 19,765 99999 - Dormant Company 5,530 18,336 70229 - Management consultancy activities other than financial management 2,897 16,150 7414 - Business & management consultancy 2,807 12,916 7499 - Non-trading company 2,626 11,316 96090 - Other service activities not elsewhere classified 2,402 10,085 9305 - Other service activities 2,304 8,740 62020 - Information technology consultancy activities 2,103 10,246 74990 - Non-trading company 1,904 8,695 7260 - Other computer related activities 1,644 7,789 7222 - Other software consultancy and supply 1,577 7,000 62090 - Other information technology service activities 1,387 6,996 74909 - Other professional, scientific and technical activities not elsewhere classified 1,290 7,788 5530 - Restaurants 1,157 4,898 4521 - General construction & civil engineering 995 6,183 64999 - Financial intermediation not elsewhere classified 958 2,754 86900 - Other human health activities 783 4,092
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07586900 RENT A BAR LIMITED 31 Mar 2011 07584809 MYKAPPY LTD 30 Mar 2011 07584762 CS SQUARED PRODUCTIONS LTD 30 Mar 2011 07583546 TRADING REPUBLIC LTD 30 Mar 2011 07583153 MAGPIE SPORTS VENTURES LIMITED 29 Mar 2011 07582935 ONE STOP BUSINESS AND EXCHANGE LTD 29 Mar 2011 07582702 AVIEMORE HILLINGTON GP LIMITED 29 Mar 2011 07577492 MR. WAX LTD 24 Mar 2011 07577187 KALAM LIMITED 24 Mar 2011 07576332 MAHBUB & CO LIMITED 24 Mar 2011 07575866 ASSET 4 LIMITED 23 Mar 2011 07575852 BUSINESS STORAGE SOLUTIONS LIMITED 23 Mar 2011 07574021 UNRULY MEDIA LTD 22 Mar 2011 07572988 SPICE RACK LIMITED 22 Mar 2011 07572902 VELLOCET LTD 22 Mar 2011 07569309 WOONDAL LIMITED 18 Mar 2011 07569097 THE VOLUNTARY NEWS AND MEDIA 18 Mar 2011 07568273 GYOKUDAI LIMITED 17 Mar 2011 07568074 CAPITAL PRICING & TRADING LTD 17 Mar 2011 07567932 ALPHA & OMEGA FACILITY LTD 17 Mar 2011 07567340 STELLAR PROJECT CONSULTANCY LIMITED 17 Mar 2011 07566458 MOROCCANOIL UK LIMITED 16 Mar 2011 07566071 SQUID INNOVATIVE CORPORATION CO., LTD. 16 Mar 2011 07566039 TISBURY SPICE LIMITED 16 Mar 2011 07564076 PROPERTY DEVELOPMENT WORLDWIDE LIMITED 15 Mar 2011
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