London, Greater London
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in London when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in London when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in London when compared to any previous Q4.
- December 2011 saw a new record in company registrations in London when compared to any previous December.
- November 2011 saw a new record in company registrations in London when compared to any previous November.
- October 2011 saw a new record in company registrations in London when compared to any previous October.
- November 2011 saw a new record in company closures in London when compared to any previous November.
- The second half of 2011 saw a new record in net growth in London when compared to any previous second half year.
- Q4 2011 saw a new record in net growth in London when compared to any previous Q4.
- October 2011 saw a new record in net growth in London when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in London when compared to any year in history.
A total of 112,010 companies were formed in London in 2011. This total is 17.0% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year London UK 2011 112,010 452,870 2010 95,735 400,358 2009 82,474 362,675 2008 76,411 349,203 2007 97,151 457,649 Record Year 2011 (112,010) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in London when compared to any previous second half year.
In the second half of 2011 a total of 56,355 companies were formed in London. This figure is 16.5% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in London occurred in 2011 when a total of 56,355 were formed.
Half Year (Jul-Dec) London UK 2011 56,355 224,135 2010 48,393 196,609 % change 16.5% 14.0% Record Year 2011 (56,355) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in London when compared to any previous Q4.
A total of 28,330 companies were registered in London during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 16.8% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) London UK 2011 28,330 109,623 2010 24,254 95,117 % change 16.8% 15.3% Record Year 2011 (28,330) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in London when compared to any previous December.
November 2011 saw a new record in company registrations in London when compared to any previous November.
October 2011 saw a new record in company registrations in London when compared to any previous October.
New Companies by Month
October November December New companies in 2011 9,842 10,492 7,996 New companies in 2010 8,267 8,586 7,401 % change 19.1% 22.2% 8.0% Record Year 2011 (9,842) 2011 (10,492) 2011 (7,996)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 72,421 companies were dissolved in London in 2011. This total is 1.9% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year London UK 2011 72,421 314,523 2010 73,853 342,232 2009 114,236 533,773 2008 51,371 237,901 2007 52,967 220,295 Record Year 2009 (114,236) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 35,616 companies were dissolved in London. This figure is 0.3% lower than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in London occurred in 2009 when a total of 46,884 were closed.
Half Year (Jul-Dec) London UK 2011 35,616 152,213 2010 35,724 164,601 % change -0.3% -7.5% Record Year 2009 (46,884) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 18,603 companies were dissolved in London during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 10.7% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) London UK 2011 18,603 79,983 2010 16,799 76,896 % change 10.7% 4.0% Record Year 2009 (19,571) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company closures in London when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 4,497 7,377 6,729 Closed companies in 2010 6,207 7,306 3,286 % change -27.5% 1.0% 105% Record Year 2009 (6,730) 2011 (7,377) 2009 (7,012)
Net Company Growth
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Annual Data (2011)
A total of 39,589 companies were added to the company register for London in 2011. This number represents growth of 41.4% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 17,707 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the London company register grew by 44,184 companies.
Year London UK 2011 39,589 138,347 2010 21,882 58,126 2009 -31,762 -171,098 2008 25,040 111,302 2007 44,184 237,354 Record Year 2007 (44,184) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in net growth in London when compared to any previous second half year.
In the second half of 2011 the company register for London increased by 20,739 companies.
Half Year (Jul-Dec) London UK 2011 20,739 71,922 2010 12,669 32,008 Record Year 2011 (20,739) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in net growth in London when compared to any previous Q4.
Net company growth for London during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 9,727 companies.
fourth quarter (Oct 2011 - Dec 2011) London UK 2011 9,727 29,640 2010 7,455 18,221 Record Year 2011 (9,727) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
October 2011 saw a new record in net growth in London when compared to any previous October.
Net Growth by Month
October November December Net growth in 2011 5,345 3,115 1,267 Net growth in 2010 2,060 1,280 4,115 Record Year 2011 (5,345) 1995 (3,494) 2010 (4,115)
UK Company Share
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Annual Data (2011)
In 2011 London formed 24.7% of all UK companies. This is an improvement on 2010 when London was responsible for 23.9% of all UK companies.
Year London 2011 24.7% 2010 23.9% 2009 22.7% 2008 21.9% 2007 21.2% Record Year (since 1960) 1998 (26.9%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 London formed 25.1% of all UK companies. This is more than the 2010 figure of 24.6%.
Half Year (Jul-Dec) London 2011 25.1% 2010 24.6% 2009 23.3% 2008 22.2% 2007 22.6% Record Year (since 1960) 1998 (27.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, London formed 25.8% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) London 2011 25.8% 2010 25.5% 2009 23.7% 2008 22.4% 2007 22.6% Record Year (since 1960) 1998 (27.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 25.4% 26.0% 26.1% UK formation share in 2010 24.6% 25.0% 27.3% % change 3.5% 4.1% -4.2% Record Year 1998 (28.1%) 1999 (27.3%) 2010 (27.3%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 41.5.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 41.3.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 41.4.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in London was 1857 when 36.4% of all directors were female.
The percentage of female directors in London in 2011 was 21.7%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in London was 1860 when 42.9% of all directors were female.
24.1% of all director appointments in London in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in London was in 1977 when 31.1% of all directors were female.
23.7% of all director appointments in London in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.78% CONSULTING 5.07% MANAGEMENT 2.93% MANAGEMENT 4.74% LONDON 2.68% CONSULTANCY 3.26% TRADING 1.98% PROPERTY 2.37% CONSULTANCY 1.66% TRADING 2.07% GLOBAL 1.62% DESIGN 1.92% MEDIA 1.54% ASSOCIATES 1.86% CAPITAL 1.52% ENGINEERING 1.78% INTERNATIONAL 1.46% BUSINESS 1.78% INVESTMENTS 1.44% CONSULTANTS 1.76% INVEST 1.33% CONSTRUCTION 1.73% PROPERTY 1.32% MEDIA 1.71% BUSINESS 1.21% LONDON 1.63% CO., 1.15% J 1.51% PRODUCTIONS 1.13% INVESTMENTS 1.48% ASSOCIATES 1.05% GLOBAL 1.46% DESIGN 1.05% IT 1.41% PARTNERS 0.99% CARE 1.39% GROUP 0.93% PROPERTIES 1.29% CONSULTANTS 0.93% ELECTRICAL 1.29% INVESTMENT 0.88% M 1.27% PROPERTIES 0.88% BUILDING 1.26% CONSTRUCTION 0.85% ENERGY 1.25% ENTERPRISES 0.77% S 1.20% IT 0.76% ENTERPRISES 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 59,319 205,525 7487 - Other business activities 14,464 57,052 82990 - Other business support service activities not elsewhere classified 8,426 32,483 99999 - Dormant Company 7,488 21,846 9999 - Dormant Company 7,154 20,199 70229 - Management consultancy activities other than financial management 3,414 17,765 96090 - Other service activities not elsewhere classified 2,930 11,768 7414 - Business & management consultancy 2,886 13,034 62020 - Information technology consultancy activities 2,615 12,072 9305 - Other service activities 2,513 9,492 7499 - Non-trading company 2,176 9,957 74990 - Non-trading company 2,146 8,929 7222 - Other software consultancy and supply 1,804 7,398 7260 - Other computer related activities 1,655 7,667 62090 - Other information technology service activities 1,576 7,493 74909 - Other professional, scientific and technical activities not elsewhere classified 1,529 8,671 5530 - Restaurants 1,222 5,013 64999 - Financial intermediation not elsewhere classified 1,043 2,946 68209 - Other letting and operating of own or leased real estate 882 4,082 62012 - Business and domestic software development 879 3,714
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07832106 GLOBAL IMMIGRATION EXPERTS LTD 02 Nov 2011 07834699 CB-MGMT LTD 03 Nov 2011 07834830 FASHION STREET INVESTMENTS LIMITED 03 Nov 2011 07835993 OPAL TRADING HOUSE LTD 04 Nov 2011 07836661 MWORKSUK LTD 07 Nov 2011 07837737 SABAREL LIMITED 07 Nov 2011 07841019 GALLYA DEELYA LTD. 09 Nov 2011 07842981 EAST END HEALTH NETWORK CO LTD 10 Nov 2011 07843034 STEYNCOLAB LTD 10 Nov 2011 07843100 CLEEVE SHIRTMAKERS LIMITED 10 Nov 2011 07845245 PAUL EATON TECHNOLOGY LIMITED 11 Nov 2011 07845479 JUST REPAIR LIMITED 11 Nov 2011 07846841 CITY GRILL PIZZA LTD 14 Nov 2011 07847446 BCPE II GP LIMITED 14 Nov 2011 07847751 SILK ROUTE CATERING (UK) LTD 15 Nov 2011 07848492 KADAM HATA LIMITED 15 Nov 2011 07848685 M.A.S (INVERURIE) LIMITED 15 Nov 2011 07849755 HARRY JAMES LONDON LIMITED 16 Nov 2011 07849825 SYED MANAGEMENT CONSULTANTS LTD 16 Nov 2011 07851185 SODA PRODUCTIONS LTD 17 Nov 2011 07854341 DYNAMIC ACCOUNTANTS LTD 21 Nov 2011 07854366 POUND FIRM LIMITED 21 Nov 2011 07854975 RSOFT SOLUTIONS LIMITED 21 Nov 2011 07855133 6D LONDON LIMITED 21 Nov 2011 07855771 MARSILI & D'AMICO LTD 22 Nov 2011
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