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London, Greater London

Q3 2011 Business Confidence Report

Headlines

  • Q3 2011 saw a new record in company registrations in London when compared to any previous Q3.
  • September 2011 saw a new record in company registrations in London when compared to any previous September.
  • August 2011 saw a new record in company registrations in London when compared to any previous August.
  • July 2011 saw a new record in company registrations in London when compared to any previous July.
  • Q3 2011 saw a new record in net growth in London when compared to any previous Q3.
  • September 2011 saw a new record in net growth in London when compared to any previous September.

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 2011)

    Q3 2011 saw a new record in company registrations in London when compared to any previous Q3.

    A total of 28,025 companies were registered in London during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 16.1% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)LondonUK
    201128,025114,512
    201024,139101,492
    % change16.1%12.8%
    Record Year 2011 (28,025) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 20119,2519,2129,562
    New companies in 20108,0947,7388,307
    % change14.3%19.0%15.1%
    Record Year2011 (9,251)2011 (9,212)2011 (9,562)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 17,013 companies were dissolved in London during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 10.1% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)LondonUK
    201117,01372,230
    201018,92587,705
    % change-10.1%-17.6%
    Record Year 2009 (27,313) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20115,4926,2325,289
    Closed companies in 20105,5967,2196,110
    % change-1.9%-13.7%-13%
    Record Year2002 (6,179)2008 (12,696)2009 (13,861)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Q3 2011 saw a new record in net growth in London when compared to any previous Q3.

    Net company growth for London during the third quarter of 2011 (Jul 2011 - Sep 2011) was 11,012 companies.

    third quarter (Jul 2011 - Sep 2011)LondonUK
    201111,01242,282
    20105,21413,787
    Record Year 2011 (11,012) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    September 2011 saw a new record in net growth in London when compared to any previous September.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20113,7592,9804,273
    Net growth in 20102,4985192,197
    Record Year2008 (4,846)1995 (3,039)2011 (4,273)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

    In the third quarter of 2011, London formed 24.5% of all UK companies.

    third quarter (Jul 2011 - Sep 2011)London
    201124.5%
    201023.8%
    200922.9%
    200822.0%
    200722.5%
    Record Year (since 1960) 1998 (27.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201124.9%24.0%24.6%
    UK formation share in 201023.8%23.9%23.6%
    % change4.6%0.2%4.0%
    Record Year2001 (27.3%)1998 (27.1%)1969 (27.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 41.1.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

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

    24.5% of all director appointments in London in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.93%CONSULTING5.11%
    MANAGEMENT3.04%MANAGEMENT4.75%
    LONDON2.66%CONSULTANCY3.19%
    TRADING1.92%PROPERTY2.41%
    GLOBAL1.66%TRADING2.06%
    CONSULTANCY1.65%DESIGN1.94%
    INVEST1.62%ASSOCIATES1.85%
    CAPITAL1.61%BUSINESS1.82%
    MEDIA1.53%CONSULTANTS1.76%
    INTERNATIONAL1.43%ENGINEERING1.74%
    INVESTMENTS1.39%MEDIA1.72%
    PROPERTY1.34%CONSTRUCTION1.72%
    BUSINESS1.22%LONDON1.63%
    PRODUCTIONS1.16%J1.47%
    DESIGN1.04%GLOBAL1.46%
    ASSOCIATES1.02%INVESTMENTS1.43%
    CONSULTANTS0.96%CARE1.42%
    PARTNERS0.94%IT1.38%
    INVESTMENT0.92%BUILDING1.30%
    GROUP0.91%PROPERTIES1.28%
    PROPERTIES0.88%ELECTRICAL1.27%
    CO.,0.87%M1.25%
    CONSTRUCTION0.85%ENERGY1.22%
    SECURITY0.78%TRAINING1.21%
    IT0.77%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied58,343204,493
    7487 - Other business activities16,24365,177
    9999 - Dormant Company7,88222,587
    82990 - Other business support service activities not elsewhere classified7,17129,245
    99999 - Dormant Company5,80818,281
    7414 - Business & management consultancy3,25314,755
    70229 - Management consultancy activities other than financial management2,91515,760
    9305 - Other service activities2,73710,525
    7499 - Non-trading company2,56411,543
    96090 - Other service activities not elsewhere classified2,47010,018
    62020 - Information technology consultancy activities2,14210,137
    7222 - Other software consultancy and supply1,9868,345
    7260 - Other computer related activities1,8488,686
    74990 - Non-trading company1,7958,064
    62090 - Other information technology service activities1,3826,798
    5530 - Restaurants1,3795,640
    74909 - Other professional, scientific and technical activities not elsewhere classified1,2597,551
    64999 - Financial intermediation not elsewhere classified9062,625
    4521 - General construction & civil engineering8786,321
    68209 - Other letting and operating of own or leased real estate7643,614

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07758895 THINK WIDE LIMITED 01 Sep 2011
    07759028 EXPRESSMARINE LIMITED 01 Sep 2011
    07759053 REDSMART LIMITED 01 Sep 2011
    07759603 DUNGARWALLA & CO. LIMITED 01 Sep 2011
    07760352 LDCC LTD 02 Sep 2011
    07760359 COLLEGE OF ADVANCED STUDIES POLAND LTD 02 Sep 2011
    07761377 JLS CAPITAL LIMITED 05 Sep 2011
    07762716 CITY EXPRESS (UK) LTD 05 Sep 2011
    07762738 PERFECT WORLD (U.K) LIMITED 05 Sep 2011
    07766045 CONSTRUCTION HOUSE LIMITED 07 Sep 2011
    07766802 LIBERTY LOUNGE E1 LTD 08 Sep 2011
    07767560 26 EAST TENTER STREET MANAGEMENT LTD 08 Sep 2011
    07769682 SFL VENTURES LTD 12 Sep 2011
    07763608 DENMAN EATERY LIMITED 06 Sep 2011
    07770934 BUILDFIX PARTNERS LTD 12 Sep 2011
    07772549 BRANNS MANAGEMENT LIMITED 13 Sep 2011
    07774131 PARADISE OF WELLS LIMITED 14 Sep 2011
    07775676 SEVEN TIMES FOUNDATION LIMITED 15 Sep 2011
    07776352 DIGICOM TRAVEL & CARGO LIMITED 16 Sep 2011
    07776414 DHOOM BANQUETING LTD 16 Sep 2011
    07776957 N&N LINKS LTD 16 Sep 2011
    07777921 RASHED TRADERS LTD 19 Sep 2011
    07778387 SHOX LIMITED 19 Sep 2011
    07781134 ANAM & CHOUDHURY LIMITED 21 Sep 2011
    07781585 POPLAR ENTERPRISE LIMITED 21 Sep 2011