London, Greater London
2012 Half Year Business Confidence Report
Headlines
- The first half of 2012 saw a new record in company registrations in London when compared to any previous first half year.
- The first half of 2012 was a record first half year for company registrations in London when compared to any half year in history.
- Q2 2012 saw a new record in company registrations in London when compared to any previous Q2.
- May 2012 saw a new record in company registrations in London when compared to any previous May.
- April 2012 saw a new record in company registrations in London when compared to any previous April.
- May 2012 saw a new record in net growth in London when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
The first half of 2012 saw a new record in company registrations in London when compared to any previous first half year.
The first half of 2012 was a record first half year for company registrations in London when compared to any half year in history.
In the first half of 2012 a total of 63,120 companies were formed in London. This figure is 13.4% higher than last year, which compares well to the UK wide figure of 10.7%.
The highest total for a first half year in London occurred in 2012 when a total of 63,120 were formed.
Half Year (Jan-Jun) London UK 2012 63,120 253,150 2011 55,655 228,735 % change 13.4% 10.7% Record Year 2012 (63,120) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Q2 2012 saw a new record in company registrations in London when compared to any previous Q2.
A total of 30,913 companies were registered in London during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 11.9% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) London UK 2012 30,913 121,659 2011 27,622 112,344 % change 11.9% 8.3% Record Year 2012 (30,913) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in London when compared to any previous May.
April 2012 saw a new record in company registrations in London when compared to any previous April.
New Companies by Month
April May June New companies in 2012 10,354 11,008 9,551 New companies in 2011 8,413 9,501 9,708 % change 23.1% 15.9% -1.6% Record Year 2012 (10,354) 2012 (11,008) 2011 (9,708)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 35,179 companies were dissolved in London. This figure is 4.4% lower than last year, which compares badly to the UK wide change of -8.9%.
The highest total for a first half year in London occurred in 2009 when a total of 67,352 were closed.
Half Year (Jan-Jun) London UK 2012 35,179 147,793 2011 36,805 162,310 % change -4.4% -8.9% Record Year 2009 (67,352) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 19,201 companies were dissolved in London during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 17.6% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) London UK 2012 19,201 80,218 2011 16,333 71,324 % change 17.6% 12.5% Record Year 2009 (41,581) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 6,146 6,841 6,214 Closed companies in 2011 3,585 6,873 5,875 % change 71.4% -0.5% 6% Record Year 2009 (13,687) 2009 (18,292) 2009 (9,602)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for London increased by 27,941 companies.
Half Year (Jan-Jun) London UK 2012 27,941 105,357 2011 18,850 66,425 Record Year 2007 (30,016) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for London during the second quarter of 2012 (Apr 2012 - Jun 2012) was 11,712 companies.
second quarter (Apr 2012 - Jun 2012) London UK 2012 11,712 41,441 2011 11,289 41,020 Record Year 2007 (13,105) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in net growth in London when compared to any previous May.
Net Growth by Month
April May June Net growth in 2012 4,208 4,167 3,337 Net growth in 2011 4,828 2,628 3,833 Record Year 2007 (5,762) 2012 (4,167) 2008 (5,781)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 London formed 24.9% of all UK companies. This is more than the 2011 figure of 24.3%.
Half Year (Jan-Jun) London 2012 24.9% 2011 24.3% 2010 23.2% 2009 22.2% 2008 21.6% Record Year (since 1960) 1999 (27.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, London formed 25.4% of all UK companies.
second quarter (Apr 2012 - Jun 2012) London 2012 25.4% 2011 24.6% 2010 23.8% 2009 22.6% 2008 22.1% Record Year (since 1960) 1999 (27.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 25.3% 25.3% 25.7% UK formation share in 2011 24.4% 24.9% 24.4% % change 3.6% 1.6% 5.1% Record Year 1994 (26.5%) 1999 (28.7%) 1996 (27.5%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 40.4.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 40.3.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in London was 1861 when 40.0% of all directors were female.
22.4% of all director appointments in London in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in London was in 1866 when 57.1% of all directors were female.
23.5% of all director appointments in London in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.63% CONSULTING 5.07% LONDON 2.79% MANAGEMENT 4.74% MANAGEMENT 2.71% CONSULTANCY 3.28% TRADING 2.02% PROPERTY 2.35% CONSULTANCY 1.62% TRADING 2.10% GLOBAL 1.61% DESIGN 1.89% MEDIA 1.52% ENGINEERING 1.87% CO., 1.50% ASSOCIATES 1.82% CAPITAL 1.50% CONSULTANTS 1.78% INTERNATIONAL 1.47% CONSTRUCTION 1.71% INVESTMENTS 1.41% BUSINESS 1.70% PROPERTY 1.28% MEDIA 1.69% BUSINESS 1.12% LONDON 1.68% PRODUCTIONS 1.05% J 1.57% DESIGN 1.00% GLOBAL 1.51% ASSOCIATES 0.99% INVESTMENTS 1.48% CONSULTANTS 0.97% IT 1.42% PARTNERS 0.91% CARE 1.31% PROPERTIES 0.86% PROPERTIES 1.31% GROUP 0.86% M 1.26% INVEST 0.84% ELECTRICAL 1.23% CONSTRUCTION 0.81% BUILDING 1.23% INVESTMENT 0.78% SECURITY 1.19% IT 0.76% S 1.18% SECURITY 0.75% ENTERPRISES 1.17%
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 70,399 244,457 7487 - Other business activities 12,131 47,029 82990 - Other business support service activities not elsewhere classified 10,078 35,447 99999 - Dormant Company 9,211 26,088 9999 - Dormant Company 5,737 16,469 70229 - Management consultancy activities other than financial management 4,187 20,390 96090 - Other service activities not elsewhere classified 3,599 14,220 62020 - Information technology consultancy activities 3,287 15,280 74990 - Non-trading company 2,447 9,706 7414 - Business & management consultancy 2,410 10,978 9305 - Other service activities 2,068 7,926 74909 - Other professional, scientific and technical activities not elsewhere classified 1,894 10,271 62090 - Other information technology service activities 1,892 8,258 7499 - Non-trading company 1,763 8,023 7222 - Other software consultancy and supply 1,550 6,356 7260 - Other computer related activities 1,384 6,456 62012 - Business and domestic software development 1,115 4,742 64999 - Financial intermediation not elsewhere classified 1,053 3,151 41100 - Development of building projects 1,046 5,149 68209 - Other letting and operating of own or leased real estate 1,014 4,535
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08051920 LONDON CARGO & TRAVEL LTD 01 May 2012 08052187 BENGAL NAZ LTD 01 May 2012 08052977 CROSSWORLD (UK) LTD 01 May 2012 08053594 MONTECARLO HOUSE LIMITED 01 May 2012 08053801 NUTEC CONCEPTS UK LIMITED 02 May 2012 08054023 POWERNEX LIMITED 02 May 2012 08054521 DOTNPIX MEDIA LIMITED 02 May 2012 08055789 GLOBALSPACE LIMITED 03 May 2012 08057530 VIATAGE LIMITED 04 May 2012 08057755 UK LEATHER GARMENTS LTD 04 May 2012 08058430 SOFTROAD SOLUTIONS LTD 04 May 2012 08061617 ZHANGSMITH LIMITED 09 May 2012 08062396 MEGA BUILDERS (LONDON) LTD 09 May 2012 08063309 CREATIVE BUILD LONDON LTD 10 May 2012 08063625 HAMZAH IBN ALI LTD 10 May 2012 08064476 SAHARA GRILL WHITECHAPEL LIMITED 10 May 2012 08065348 BISMAL LTD 11 May 2012 08065887 STUDIO MAG LONDON LIMITED 11 May 2012 08066467 LANGLAND SOLUTIONS LIMITED 11 May 2012 08068751 TRUMAN STUDIO LTD 15 May 2012 08070145 LAMPPOST TECHNOLOGY LTD 15 May 2012 08071006 SUNNY MOTORS UK LIMITED 16 May 2012 08072558 HASTO VENTURE LTD 17 May 2012 08072953 LYMPHA LIMITED 17 May 2012 08073160 PRIMI EVENTI LIMITED 17 May 2012
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