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London, Greater London

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in London when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in London when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in London when compared to any previous February.
  • January 2012 saw a new record in company registrations in London when compared to any previous January.
  • February 2012 saw a new record in net growth in London when compared to any previous February.
  • January 2012 saw a new record in net growth in London when compared to any previous January.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in London when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in London when compared to any quarter in history.

    A total of 32,207 companies were registered in London during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 14.9% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)LondonUK
    201232,207131,491
    201128,033116,391
    % change14.9%13.0%
    Record Year 2012 (32,207) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in London when compared to any previous February.

    January 2012 saw a new record in company registrations in London when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20129,54111,16711,499
    New companies in 20118,3969,00110,636
    % change13.6%24.1%8.1%
    Record Year2012 (9,541)2012 (11,167)2007 (13,856)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 15,978 companies were dissolved in London during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 22.0% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)LondonUK
    201215,97867,576
    201120,47290,987
    % change-22.0%-25.7%
    Record Year 2009 (25,771) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20125,5735,4194,986
    Closed companies in 20118,0405,8806,552
    % change-30.7%-7.8%-24%
    Record Year2011 (8,040)2008 (6,497)2009 (18,023)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for London during the first quarter of 2012 (Jan 2012 - Mar 2012) was 16,229 companies.

    first quarter (Jan 2012 - Mar 2012)LondonUK
    201216,22963,915
    20117,56125,404
    Record Year 2007 (16,911) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in London when compared to any previous February.

    January 2012 saw a new record in net growth in London when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20123,9685,7486,513
    Net growth in 20113563,1214,084
    Record Year2012 (3,968)2012 (5,748)2007 (9,043)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, London formed 24.5% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)London
    201224.5%
    201124.1%
    201022.7%
    200921.9%
    200821.2%
    Record Year (since 1960) 1999 (27.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 201224.2%25.3%24.0%
    UK formation share in 201124.9%23.8%23.7%
    % change-2.6%6.1%1.1%
    Record Year1989 (28.1%)1999 (26.3%)1999 (28.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 40.5.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in London was in 1861 when 40.0% of all directors were female.

    23.5% of all director appointments in London in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.67%CONSULTING5.07%
    MANAGEMENT2.83%MANAGEMENT4.74%
    LONDON2.76%CONSULTANCY3.30%
    TRADING2.00%PROPERTY2.37%
    CONSULTANCY1.64%TRADING2.07%
    GLOBAL1.59%DESIGN1.93%
    CAPITAL1.55%ENGINEERING1.86%
    MEDIA1.55%ASSOCIATES1.84%
    INTERNATIONAL1.49%CONSULTANTS1.79%
    INVESTMENTS1.44%BUSINESS1.73%
    CO.,1.42%MEDIA1.72%
    PROPERTY1.30%CONSTRUCTION1.72%
    BUSINESS1.16%LONDON1.66%
    PRODUCTIONS1.09%J1.54%
    DESIGN1.05%INVESTMENTS1.51%
    INVEST1.05%GLOBAL1.50%
    ASSOCIATES1.01%IT1.40%
    CONSULTANTS0.96%CARE1.34%
    PARTNERS0.94%PROPERTIES1.31%
    GROUP0.92%ELECTRICAL1.27%
    PROPERTIES0.85%M1.27%
    CONSTRUCTION0.85%BUILDING1.24%
    INVESTMENT0.82%ENERGY1.20%
    IT0.78%S1.20%
    ENTERPRISES0.74%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied62,942216,665
    7487 - Other business activities13,49752,735
    82990 - Other business support service activities not elsewhere classified9,65435,233
    99999 - Dormant Company8,74025,084
    9999 - Dormant Company6,53718,617
    70229 - Management consultancy activities other than financial management3,97319,704
    96090 - Other service activities not elsewhere classified3,39513,637
    62020 - Information technology consultancy activities3,04514,303
    7414 - Business & management consultancy2,67312,113
    74990 - Non-trading company2,3629,729
    9305 - Other service activities2,3138,818
    7499 - Non-trading company1,9749,102
    62090 - Other information technology service activities1,7848,145
    74909 - Other professional, scientific and technical activities not elsewhere classified1,7799,892
    7222 - Other software consultancy and supply1,6856,934
    7260 - Other computer related activities1,5327,154
    5530 - Restaurants1,1384,633
    64999 - Financial intermediation not elsewhere classified1,0583,136
    62012 - Business and domestic software development1,0354,356
    68209 - Other letting and operating of own or leased real estate9944,427

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07894722 BLUESTAR STRATEGIC SOLUTIONS LTD. 03 Jan 2012
    07895861 MOVE YOUR MONEY UK CIC 03 Jan 2012
    07898377 VOICE FOR BANGLADESH LTD 05 Jan 2012
    07901175 ZMN LIMITED 09 Jan 2012
    07902257 LONDON WEB TECHNOLOGY LIMITED 09 Jan 2012
    07902607 SLICK FASHIONS LIMITED 09 Jan 2012
    07903276 SKY EXPRESS TRAVEL AND TOURS LTD 10 Jan 2012
    07903428 KBM RESTAURANT LTD 10 Jan 2012
    07904084 CLAPTON HOMES LIMITED 10 Jan 2012
    07904089 OSRA INTERNATIONAL LIMITED 10 Jan 2012
    07904431 HAVENSHORE LIMITED 10 Jan 2012
    07904482 QUESTVIEW LIMITED 10 Jan 2012
    07904736 MASTERSHORES LIMITED 10 Jan 2012
    07904908 GOLDSHARES LIMITED 10 Jan 2012
    07905349 RUBIXLAB LTD 11 Jan 2012
    07905618 UNI2PRO LTD 11 Jan 2012
    07905923 DATACOM SERVICES (UK) LTD 11 Jan 2012
    07907043 BESTWAY BD (UK) LTD 12 Jan 2012
    07907293 MAISON ENNISMORE LIMITED 12 Jan 2012
    07907353 ERISLABS CONSULTING LIMITED 12 Jan 2012
    07908452 PRIME FASHION LTD 13 Jan 2012
    07909077 FRUIT JUNKY LTD 13 Jan 2012
    07909466 WOLF CONSULTING LIMITED 13 Jan 2012
    07909809 GREATOREX BUSINESS CENTRE LTD 13 Jan 2012
    07911069 RHYTHM DESIGN N PRINTING LTD 16 Jan 2012