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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
    07690330 MARINECLASS LIMITED 01 Jul 2011
    07691887 ARAFA LIMITED 04 Jul 2011
    07691995 KPR (LONDON) LIMITED 04 Jul 2011
    07692254 HOT WOK FOOD LTD 04 Jul 2011
    07692496 BRIGHT LINEN & LAUNDRY SERVICES LIMITED 04 Jul 2011
    07692768 VERONIKA CLEANING LIMITED 05 Jul 2011
    07693682 EMERALD RESTAURANT LIMITED 05 Jul 2011
    07693759 GLOBAL INTRADE LTD 05 Jul 2011
    07695569 MONEY REPUBLIC LIMITED 06 Jul 2011
    07695669 AJX - PROJECTS LIMITED 06 Jul 2011
    07695672 AIX - INVESTMENT LIMITED 06 Jul 2011
    07698653 THAI THAI RESTAURANT LIMITED 08 Jul 2011
    07705980 PUBLIC CAFE LIMITED 15 Jul 2011
    07708307 I T SCREW LTD 18 Jul 2011
    07708953 K J D QUALITY ENGINEERING LTD 18 Jul 2011
    07710524 CURRY EXPRESS (KENT) LTD 19 Jul 2011
    07711788 INTERNATIONAL ASSOCIATION OF ICT AND RESEARCH (UK) LTD 20 Jul 2011
    07712800 FUNKY ASIA LIMITED 20 Jul 2011
    07713436 BENLEYS LTD 21 Jul 2011
    07715278 AL-HARAMAIN LTD 22 Jul 2011
    07715392 NEW CITY EATERY LIMITED 22 Jul 2011
    07716472 HOS LONDON LTD 25 Jul 2011
    07717091 WELLESBOURNE DISTRIBUTION PARK GP LIMITED 25 Jul 2011
    07718772 THE SHEBA PROJECT LTD 26 Jul 2011
    07719091 THAMES CHAUFFEUR LIMITED 26 Jul 2011