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
New Company Registrations
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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) London UK 2011 28,025 114,512 2010 24,139 101,492 % change 16.1% 12.8% Record Year 2011 (28,025) 2011 (114,512) New Companies by Quarter
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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
July August September New companies in 2011 9,251 9,212 9,562 New companies in 2010 8,094 7,738 8,307 % change 14.3% 19.0% 15.1% Record Year 2011 (9,251) 2011 (9,212) 2011 (9,562)
Closed Companies (dissolved)
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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) London UK 2011 17,013 72,230 2010 18,925 87,705 % change -10.1% -17.6% Record Year 2009 (27,313) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 5,492 6,232 5,289 Closed companies in 2010 5,596 7,219 6,110 % change -1.9% -13.7% -13% Record Year 2002 (6,179) 2008 (12,696) 2009 (13,861)
Net Company Growth
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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) London UK 2011 11,012 42,282 2010 5,214 13,787 Record Year 2011 (11,012) 2003 (60,597) Net Growth by Quarter
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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
July August September Net growth in 2011 3,759 2,980 4,273 Net growth in 2010 2,498 519 2,197 Record Year 2008 (4,846) 1995 (3,039) 2011 (4,273)
UK Company Share
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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 2011 24.5% 2010 23.8% 2009 22.9% 2008 22.0% 2007 22.5% Record Year (since 1960) 1998 (27.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 24.9% 24.0% 24.6% UK formation share in 2010 23.8% 23.9% 23.6% % change 4.6% 0.2% 4.0% Record Year 2001 (27.3%) 1998 (27.1%) 1969 (27.8%)
Director Age
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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
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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
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.93% CONSULTING 5.11% MANAGEMENT 3.04% MANAGEMENT 4.75% LONDON 2.66% CONSULTANCY 3.19% TRADING 1.92% PROPERTY 2.41% GLOBAL 1.66% TRADING 2.06% CONSULTANCY 1.65% DESIGN 1.94% INVEST 1.62% ASSOCIATES 1.85% CAPITAL 1.61% BUSINESS 1.82% MEDIA 1.53% CONSULTANTS 1.76% INTERNATIONAL 1.43% ENGINEERING 1.74% INVESTMENTS 1.39% MEDIA 1.72% PROPERTY 1.34% CONSTRUCTION 1.72% BUSINESS 1.22% LONDON 1.63% PRODUCTIONS 1.16% J 1.47% DESIGN 1.04% GLOBAL 1.46% ASSOCIATES 1.02% INVESTMENTS 1.43% CONSULTANTS 0.96% CARE 1.42% PARTNERS 0.94% IT 1.38% INVESTMENT 0.92% BUILDING 1.30% GROUP 0.91% PROPERTIES 1.28% PROPERTIES 0.88% ELECTRICAL 1.27% CO., 0.87% M 1.25% CONSTRUCTION 0.85% ENERGY 1.22% SECURITY 0.78% TRAINING 1.21% IT 0.77% S 1.21%
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 58,343 204,493 7487 - Other business activities 16,243 65,177 9999 - Dormant Company 7,882 22,587 82990 - Other business support service activities not elsewhere classified 7,171 29,245 99999 - Dormant Company 5,808 18,281 7414 - Business & management consultancy 3,253 14,755 70229 - Management consultancy activities other than financial management 2,915 15,760 9305 - Other service activities 2,737 10,525 7499 - Non-trading company 2,564 11,543 96090 - Other service activities not elsewhere classified 2,470 10,018 62020 - Information technology consultancy activities 2,142 10,137 7222 - Other software consultancy and supply 1,986 8,345 7260 - Other computer related activities 1,848 8,686 74990 - Non-trading company 1,795 8,064 62090 - Other information technology service activities 1,382 6,798 5530 - Restaurants 1,379 5,640 74909 - Other professional, scientific and technical activities not elsewhere classified 1,259 7,551 64999 - Financial intermediation not elsewhere classified 906 2,625 4521 - General construction & civil engineering 878 6,321 68209 - Other letting and operating of own or leased real estate 764 3,614
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07758468 TASTY BITE (LONDON) LIMITED 01 Sep 2011 07758650 ODST LTD 01 Sep 2011 07759028 EXPRESSMARINE LIMITED 01 Sep 2011 07759603 DUNGARWALLA & CO. LIMITED 01 Sep 2011 07762610 SALAAM NAMASTE (EPPING) LIMITED 05 Sep 2011 07763100 SHAHIR LIMITED 05 Sep 2011 07765670 RH86 COMPANY LIMITED 07 Sep 2011 07766566 VICEROY OF BURHAM LIMITED 08 Sep 2011 07769682 SFL VENTURES LTD 12 Sep 2011 07761790 SUPPLENUTRA CO., LTD. 05 Sep 2011 07763608 DENMAN EATERY LIMITED 06 Sep 2011 07765350 IMMACULATE TRANSLATIONS LTD 07 Sep 2011 07770011 MADIGAN GILL LOGISTICS LIMITED 12 Sep 2011 07770934 BUILDFIX PARTNERS LTD 12 Sep 2011 07774018 OCEANGRADE LTD 14 Sep 2011 07775676 SEVEN TIMES FOUNDATION LIMITED 15 Sep 2011 07776455 DARCY DEVELOPMENTS LIMITED 16 Sep 2011 07776741 DHARKAN LTD 16 Sep 2011 07776957 N&N LINKS LTD 16 Sep 2011 07777349 TOWER HOSPITALITY LIMITED 16 Sep 2011 07778035 VCCB LTD 19 Sep 2011 07779947 HOSSAIN CLOTHING LTD 20 Sep 2011 07780358 REDSHIFT FILMS PLC 20 Sep 2011 07780429 OCEANCLASS LIMITED 20 Sep 2011 07780739 WORLD STEEL LTD 20 Sep 2011
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