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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
    07931196 DHAKA CONSULTANCY UK LIMITED 01 Feb 2012
    07933454 JM EMPRESA LIMITED 02 Feb 2012
    07933493 MAIBAN TRADING LIMITED 02 Feb 2012
    07933768 J R MARTIN FINANCE LIMITED 02 Feb 2012
    07933838 THE UNIVERSITY OF LAW LIMITED 02 Feb 2012
    07934576 FOURTH WALL CREATIONS LTD 03 Feb 2012
    07935094 FORTUNE BUSINESS MANAGEMENT LTD 03 Feb 2012
    07934867 PREMIER FRIED CHICKEN LTD 03 Feb 2012
    07936579 AMBER ROBINSON LTD 06 Feb 2012
    07936806 NOMAD RIDER LTD 06 Feb 2012
    07937131 SPIRE STUDIOS LTD. 06 Feb 2012
    07937854 OCEANTEX LIMITED 06 Feb 2012
    07937862 MARINETASKS LIMITED 06 Feb 2012
    07941867 WESTMINSTER TELECOM LTD 08 Feb 2012
    07943870 NANDY & CO LIMITED 09 Feb 2012
    07944096 IDEAL BATHROOMS . INTERIORS LTD 09 Feb 2012
    07944441 SUPERKVANT LIMITED 10 Feb 2012
    07944583 ROSE VIEW LIMITED 10 Feb 2012
    07945952 VERCO CONSTRUCTION LIMITED 10 Feb 2012
    07946812 NASH AUTOS LTD 13 Feb 2012
    07946857 SMART PROPERTY AND FINANCE LTD 13 Feb 2012
    07948929 STARLINE PROJECT LTD 14 Feb 2012
    07949478 WONDER OF LONDON LTD 14 Feb 2012
    07950204 ANAYA AID 15 Feb 2012
    07950304 FRENCH MEETINGS LIMITED 15 Feb 2012