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
New Company Registrations
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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) London UK 2011 55,655 228,735 2010 47,342 203,749 % change 17.6% 12.3% Record Year 2007 (56,871) 2007 (279,097) New Companies by Half Year
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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) London UK 2011 27,622 112,344 2010 23,428 98,612 % change 17.9% 13.9% Record Year 2011 (27,622) 2011 (112,344) New Companies by Quarter
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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
April May June New companies in 2011 8,413 9,501 9,708 New companies in 2010 7,777 6,956 8,695 % change 8.2% 36.6% 11.7% Record Year 2007 (8,712) 2011 (9,501) 2011 (9,708)
Closed Companies (dissolved)
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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) London UK 2011 36,805 162,310 2010 38,129 177,631 % change -3.5% -8.6% Record Year 2009 (67,352) 2009 (289,236) Dissolved Companies by Half Year
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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) London UK 2011 16,333 71,324 2010 20,126 94,954 % change -18.8% -24.9% Record Year 2009 (41,581) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 3,585 6,873 5,875 Closed companies in 2010 4,773 7,508 7,845 % change -24.9% -8.5% -25% Record Year 2009 (13,687) 2009 (18,292) 2009 (9,602)
Net Company Growth
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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) London UK 2011 18,850 66,425 2010 9,213 26,118 Record Year 2007 (30,016) 2007 (171,296) Net Growth by Half Year
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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) London UK 2011 11,289 41,020 2010 3,302 3,658 Record Year 2007 (13,105) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 4,828 2,628 3,833 Net growth in 2010 3,004 -552 850 Record Year 2007 (5,762) 1995 (3,298) 2008 (5,781)
UK Company Share
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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 2011 24.3% 2010 23.2% 2009 22.2% 2008 21.6% 2007 20.4% Record Year (since 1960) 1999 (27.4%) Company Share by Half Year
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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 2011 24.6% 2010 23.8% 2009 22.6% 2008 22.1% 2007 23.1% Record Year (since 1960) 1999 (27.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 24.4% 24.9% 24.4% UK formation share in 2010 23.3% 23.2% 24.7% % change 4.7% 7.6% -1.1% Record Year 1994 (26.5%) 1999 (28.7%) 1996 (27.5%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 4.04% CONSULTING 5.09% MANAGEMENT 3.12% MANAGEMENT 4.86% LONDON 2.61% CONSULTANCY 3.17% TRADING 1.98% PROPERTY 2.43% CONSULTANCY 1.70% TRADING 2.05% GLOBAL 1.68% DESIGN 1.94% INVEST 1.64% ASSOCIATES 1.92% CAPITAL 1.63% BUSINESS 1.87% MEDIA 1.51% CONSTRUCTION 1.77% INTERNATIONAL 1.42% CONSULTANTS 1.76% INVESTMENTS 1.37% MEDIA 1.73% PROPERTY 1.36% ENGINEERING 1.67% BUSINESS 1.34% LONDON 1.60% PRODUCTIONS 1.16% GLOBAL 1.46% DESIGN 1.07% J 1.44% ASSOCIATES 1.05% CARE 1.44% CONSULTANTS 1.02% INVESTMENTS 1.42% PARTNERS 0.94% IT 1.39% PROPERTIES 0.92% BUILDING 1.32% INVESTMENT 0.92% PROPERTIES 1.31% CONSTRUCTION 0.89% ELECTRICAL 1.30% GROUP 0.89% M 1.27% SECURITY 0.82% S 1.23% IT 0.80% ENTERPRISES 1.20% ENTERPRISES 0.75% SYSTEMS 1.20%
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 57,579 202,072 7487 - Other business activities 14,452 60,758 82990 - Other business support service activities not elsewhere classified 7,411 30,647 9999 - Dormant Company 6,923 20,111 99999 - Dormant Company 5,968 18,918 70229 - Management consultancy activities other than financial management 3,009 16,419 7414 - Business & management consultancy 2,880 13,053 96090 - Other service activities not elsewhere classified 2,517 10,322 7499 - Non-trading company 2,483 10,955 9305 - Other service activities 2,398 9,063 62020 - Information technology consultancy activities 2,216 10,545 74990 - Non-trading company 1,875 8,481 7222 - Other software consultancy and supply 1,670 7,143 7260 - Other computer related activities 1,649 7,849 62090 - Other information technology service activities 1,443 7,095 74909 - Other professional, scientific and technical activities not elsewhere classified 1,303 7,835 5530 - Restaurants 1,226 5,086 64999 - Financial intermediation not elsewhere classified 938 2,739 4521 - General construction & civil engineering 856 5,928 68209 - Other letting and operating of own or leased real estate 797 3,790
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07652503 TAXWISE ACCOUNTING LTD 31 May 2011 07652205 TOEMRER JOHN R STROEM LIMITED 31 May 2011 07648593 GERMED LTD 26 May 2011 07648477 FC BUSINESS INTELLIGENCE HOLDINGS LIMITED 26 May 2011 07648356 DEEPER DIGITAL LIMITED 26 May 2011 07647395 B H MANAGEMENT COMMITTEE LIMITED 25 May 2011 07647072 CP SHERWOOD VILLAGE LIMITED 25 May 2011 07646819 PROTEA SECUR HR LTD 25 May 2011 07646456 OLIVE INDIAN CUISINE LIMITED 25 May 2011 07645583 NABAMITA LIMITED 24 May 2011 07645394 MJ DESIGN NORWAY LIMITED 24 May 2011 07645222 MOT ALLE ODDS LIMITED 24 May 2011 07642077 ISLINGTON PLUMBERS LTD 20 May 2011 07640820 INTERCOMCARE LTD 19 May 2011 07639431 KUMAR IT SERVICES (UK) LIMITED 18 May 2011 07637354 AKH NORWAY LIMITED 17 May 2011 07636458 WIND AND WATER FILMS LTD 17 May 2011 07634329 CITY & THAMES (SHOREDITCH) LIMITED 16 May 2011 07634104 IEVA LTD 13 May 2011 07633572 THE FACE/BC LTD 13 May 2011 07632550 ENLION UK LIMITED 12 May 2011 07632365 KHB SOLUTION LTD 12 May 2011 07632220 SAFE CARGO LTD 12 May 2011 07631140 JILLIAN GOODWIN LTD 11 May 2011 07630994 FOTONETT & PHOTONET LIMITED 11 May 2011
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