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
New Company Registrations
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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) London UK 2012 32,207 131,491 2011 28,033 116,391 % change 14.9% 13.0% Record Year 2012 (32,207) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 9,541 11,167 11,499 New companies in 2011 8,396 9,001 10,636 % change 13.6% 24.1% 8.1% Record Year 2012 (9,541) 2012 (11,167) 2007 (13,856)
Closed Companies (dissolved)
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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) London UK 2012 15,978 67,576 2011 20,472 90,987 % change -22.0% -25.7% Record Year 2009 (25,771) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 5,573 5,419 4,986 Closed companies in 2011 8,040 5,880 6,552 % change -30.7% -7.8% -24% Record Year 2011 (8,040) 2008 (6,497) 2009 (18,023)
Net Company Growth
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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) London UK 2012 16,229 63,915 2011 7,561 25,404 Record Year 2007 (16,911) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2012 3,968 5,748 6,513 Net growth in 2011 356 3,121 4,084 Record Year 2012 (3,968) 2012 (5,748) 2007 (9,043)
UK Company Share
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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 2012 24.5% 2011 24.1% 2010 22.7% 2009 21.9% 2008 21.2% Record Year (since 1960) 1999 (27.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 24.2% 25.3% 24.0% UK formation share in 2011 24.9% 23.8% 23.7% % change -2.6% 6.1% 1.1% Record Year 1989 (28.1%) 1999 (26.3%) 1999 (28.6%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.67% CONSULTING 5.07% MANAGEMENT 2.83% MANAGEMENT 4.74% LONDON 2.76% CONSULTANCY 3.30% TRADING 2.00% PROPERTY 2.37% CONSULTANCY 1.64% TRADING 2.07% GLOBAL 1.59% DESIGN 1.93% CAPITAL 1.55% ENGINEERING 1.86% MEDIA 1.55% ASSOCIATES 1.84% INTERNATIONAL 1.49% CONSULTANTS 1.79% INVESTMENTS 1.44% BUSINESS 1.73% CO., 1.42% MEDIA 1.72% PROPERTY 1.30% CONSTRUCTION 1.72% BUSINESS 1.16% LONDON 1.66% PRODUCTIONS 1.09% J 1.54% DESIGN 1.05% INVESTMENTS 1.51% INVEST 1.05% GLOBAL 1.50% ASSOCIATES 1.01% IT 1.40% CONSULTANTS 0.96% CARE 1.34% PARTNERS 0.94% PROPERTIES 1.31% GROUP 0.92% ELECTRICAL 1.27% PROPERTIES 0.85% M 1.27% CONSTRUCTION 0.85% BUILDING 1.24% INVESTMENT 0.82% ENERGY 1.20% IT 0.78% S 1.20% ENTERPRISES 0.74% ENTERPRISES 1.19%
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 62,942 216,665 7487 - Other business activities 13,497 52,735 82990 - Other business support service activities not elsewhere classified 9,654 35,233 99999 - Dormant Company 8,740 25,084 9999 - Dormant Company 6,537 18,617 70229 - Management consultancy activities other than financial management 3,973 19,704 96090 - Other service activities not elsewhere classified 3,395 13,637 62020 - Information technology consultancy activities 3,045 14,303 7414 - Business & management consultancy 2,673 12,113 74990 - Non-trading company 2,362 9,729 9305 - Other service activities 2,313 8,818 7499 - Non-trading company 1,974 9,102 62090 - Other information technology service activities 1,784 8,145 74909 - Other professional, scientific and technical activities not elsewhere classified 1,779 9,892 7222 - Other software consultancy and supply 1,685 6,934 7260 - Other computer related activities 1,532 7,154 5530 - Restaurants 1,138 4,633 64999 - Financial intermediation not elsewhere classified 1,058 3,136 62012 - Business and domestic software development 1,035 4,356 68209 - Other letting and operating of own or leased real estate 994 4,427
Recent Companies
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Randomly selected companies from this quarter
reports
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