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London, Greater London

2011 Half Year Business Confidence Report

Headlines

  • Q2 2011 saw a new record in company registrations in London when compared to any previous Q2.
  • June 2011 saw a new record in company registrations in London when compared to any previous June.
  • May 2011 saw a new record in company registrations in London when compared to any previous May.

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 2011)

    In the first half of 2011 a total of 55,655 companies were formed in London. This figure is 17.6% higher than last year, which compares well to the UK wide figure of 12.3%.

    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
    201155,655228,735
    201047,342203,749
    % change17.6%12.3%
    Record Year2007 (56,871)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in London when compared to any previous Q2.

    A total of 27,622 companies were registered in London during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 17.9% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)LondonUK
    201127,622112,344
    201023,42898,612
    % change17.9%13.9%
    Record Year 2011 (27,622) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company registrations in London when compared to any previous June.

    May 2011 saw a new record in company registrations in London when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 20118,4139,5019,708
    New companies in 20107,7776,9568,695
    % change8.2%36.6%11.7%
    Record Year2007 (8,712)2011 (9,501)2011 (9,708)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 36,805 companies were dissolved in London. This figure is 3.5% lower than last year, which compares badly to the UK wide change of -8.6%.

    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
    201136,805162,310
    201038,129177,631
    % change-3.5%-8.6%
    Record Year2009 (67,352)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 16,333 companies were dissolved in London during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 18.8% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)LondonUK
    201116,33371,324
    201020,12694,954
    % change-18.8%-24.9%
    Record Year 2009 (41,581) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20113,5856,8735,875
    Closed companies in 20104,7737,5087,845
    % change-24.9%-8.5%-25%
    Record Year2009 (13,687)2009 (18,292)2009 (9,602)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for London increased by 18,850 companies.

    Half Year (Jan-Jun)LondonUK
    201118,85066,425
    20109,21326,118
    Record Year2007 (30,016)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for London during the second quarter of 2011 (Apr 2011 - Jun 2011) was 11,289 companies.

    second quarter (Apr 2011 - Jun 2011)LondonUK
    201111,28941,020
    20103,3023,658
    Record Year 2007 (13,105) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 20114,8282,6283,833
    Net growth in 20103,004-552850
    Record Year2007 (5,762)1995 (3,298)2008 (5,781)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 London formed 24.3% of all UK companies. This is more than the 2010 figure of 23.2%.

    Half Year (Jan-Jun)London
    201124.3%
    201023.2%
    200922.2%
    200821.6%
    200720.4%
    Record Year (since 1960) 1999 (27.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, London formed 24.6% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)London
    201124.6%
    201023.8%
    200922.6%
    200822.1%
    200723.1%
    Record Year (since 1960) 1999 (27.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 201124.4%24.9%24.4%
    UK formation share in 201023.3%23.2%24.7%
    % change4.7%7.6%-1.1%
    Record Year1994 (26.5%)1999 (28.7%)1996 (27.5%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 41.7.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 41.5.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in London was 1861 when 40.0% of all directors were female.

    23.7% of all director appointments in London in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in London was in 1866 when 66.7% of all directors were female.

    24.3% of all director appointments in London in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING4.04%CONSULTING5.09%
    MANAGEMENT3.12%MANAGEMENT4.86%
    LONDON2.61%CONSULTANCY3.17%
    TRADING1.98%PROPERTY2.43%
    CONSULTANCY1.70%TRADING2.05%
    GLOBAL1.68%DESIGN1.94%
    INVEST1.64%ASSOCIATES1.92%
    CAPITAL1.63%BUSINESS1.87%
    MEDIA1.51%CONSTRUCTION1.77%
    INTERNATIONAL1.42%CONSULTANTS1.76%
    INVESTMENTS1.37%MEDIA1.73%
    PROPERTY1.36%ENGINEERING1.67%
    BUSINESS1.34%LONDON1.60%
    PRODUCTIONS1.16%GLOBAL1.46%
    DESIGN1.07%J1.44%
    ASSOCIATES1.05%CARE1.44%
    CONSULTANTS1.02%INVESTMENTS1.42%
    PARTNERS0.94%IT1.39%
    PROPERTIES0.92%BUILDING1.32%
    INVESTMENT0.92%PROPERTIES1.31%
    CONSTRUCTION0.89%ELECTRICAL1.30%
    GROUP0.89%M1.27%
    SECURITY0.82%S1.23%
    IT0.80%ENTERPRISES1.20%
    ENTERPRISES0.75%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied57,579202,072
    7487 - Other business activities14,45260,758
    82990 - Other business support service activities not elsewhere classified7,41130,647
    9999 - Dormant Company6,92320,111
    99999 - Dormant Company5,96818,918
    70229 - Management consultancy activities other than financial management3,00916,419
    7414 - Business & management consultancy2,88013,053
    96090 - Other service activities not elsewhere classified2,51710,322
    7499 - Non-trading company2,48310,955
    9305 - Other service activities2,3989,063
    62020 - Information technology consultancy activities2,21610,545
    74990 - Non-trading company1,8758,481
    7222 - Other software consultancy and supply1,6707,143
    7260 - Other computer related activities1,6497,849
    62090 - Other information technology service activities1,4437,095
    74909 - Other professional, scientific and technical activities not elsewhere classified1,3037,835
    5530 - Restaurants1,2265,086
    64999 - Financial intermediation not elsewhere classified9382,739
    4521 - General construction & civil engineering8565,928
    68209 - Other letting and operating of own or leased real estate7973,790

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07617127 GMG PARTNERS LTD 28 Apr 2011
    07612581 AKRAM LONDON LIMITED 21 Apr 2011
    07611074 PRINT MEDIA SA LTD 20 Apr 2011
    07611040 HUMAN EMPOWERMENT LIFE PROJECT 20 Apr 2011
    07608454 GOLDEN FREIGHT LIMITED 19 Apr 2011
    07608182 GMG MONEY EXCHANGE (UK) LTD 18 Apr 2011
    07608162 SIGMA GLASS FIXING LTD 18 Apr 2011
    07607465 EXPEDIA (UK) LTD 18 Apr 2011
    07605208 HYGGESHOP LIMITED 15 Apr 2011
    07604566 A-KEBRA TRAFIKKSKOLE LIMITED 14 Apr 2011
    07603715 RUFAIDA RESTAURANT LTD 14 Apr 2011
    07602467 ONE EXPRESS LIMITED 13 Apr 2011
    07602121 THE OTHER SELF LTD 12 Apr 2011
    07601986 LJUNGBERG PRODUCTION LTD 12 Apr 2011
    07601122 INTO SGUL LIMITED 12 Apr 2011
    07600404 ESCAPADE PRODUCTIONS LTD 12 Apr 2011
    07600040 JHAMDHANI SHAREE LTD 11 Apr 2011
    07599274 AMSTEL ART LTD 11 Apr 2011
    07598400 NPHSC LIMITED 11 Apr 2011
    07597765 CONSILIUM TAX LIMITED 08 Apr 2011
    07596377 ARAFAH (UK) LIMITED 07 Apr 2011
    07596283 M.A.S.RESTAURANT (UK) LIMITED 07 Apr 2011
    07595396 CLAYMORE MINDS LIMITED 07 Apr 2011
    07594035 MISTER MORTON LTD 06 Apr 2011
    07593939 CALIBRE CONSTRUCTIONS AND DEVELOPMENTS LTD 06 Apr 2011