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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

  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. 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)LondonUK
    201263,120253,150
    201155,655228,735
    % change13.4%10.7%
    Record Year2012 (63,120)2007 (279,097)
    New Companies by Half Year
  2. 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)LondonUK
    201230,913121,659
    201127,622112,344
    % change11.9%8.3%
    Record Year 2012 (30,913) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 201210,35411,0089,551
    New companies in 20118,4139,5019,708
    % change23.1%15.9%-1.6%
    Record Year2012 (10,354)2012 (11,008)2011 (9,708)

Closed Companies (dissolved)

  1. 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)LondonUK
    201235,179147,793
    201136,805162,310
    % change-4.4%-8.9%
    Record Year2009 (67,352)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)LondonUK
    201219,20180,218
    201116,33371,324
    % change17.6%12.5%
    Record Year 2009 (41,581) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20126,1466,8416,214
    Closed companies in 20113,5856,8735,875
    % change71.4%-0.5%6%
    Record Year2009 (13,687)2009 (18,292)2009 (9,602)

Net Company Growth

  1. 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)LondonUK
    201227,941105,357
    201118,85066,425
    Record Year2007 (30,016)2007 (171,296)
    Net Growth by Half Year
  2. 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)LondonUK
    201211,71241,441
    201111,28941,020
    Record Year 2007 (13,105) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 20124,2084,1673,337
    Net growth in 20114,8282,6283,833
    Record Year2007 (5,762)2012 (4,167)2008 (5,781)

UK Company Share

  1. 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
    201224.9%
    201124.3%
    201023.2%
    200922.2%
    200821.6%
    Record Year (since 1960) 1999 (27.4%)
    Company Share by Half Year
  2. 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
    201225.4%
    201124.6%
    201023.8%
    200922.6%
    200822.1%
    Record Year (since 1960) 1999 (27.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 201225.3%25.3%25.7%
    UK formation share in 201124.4%24.9%24.4%
    % change3.6%1.6%5.1%
    Record Year1994 (26.5%)1999 (28.7%)1996 (27.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.63%CONSULTING5.07%
    LONDON2.79%MANAGEMENT4.74%
    MANAGEMENT2.71%CONSULTANCY3.28%
    TRADING2.02%PROPERTY2.35%
    CONSULTANCY1.62%TRADING2.10%
    GLOBAL1.61%DESIGN1.89%
    MEDIA1.52%ENGINEERING1.87%
    CO.,1.50%ASSOCIATES1.82%
    CAPITAL1.50%CONSULTANTS1.78%
    INTERNATIONAL1.47%CONSTRUCTION1.71%
    INVESTMENTS1.41%BUSINESS1.70%
    PROPERTY1.28%MEDIA1.69%
    BUSINESS1.12%LONDON1.68%
    PRODUCTIONS1.05%J1.57%
    DESIGN1.00%GLOBAL1.51%
    ASSOCIATES0.99%INVESTMENTS1.48%
    CONSULTANTS0.97%IT1.42%
    PARTNERS0.91%CARE1.31%
    PROPERTIES0.86%PROPERTIES1.31%
    GROUP0.86%M1.26%
    INVEST0.84%ELECTRICAL1.23%
    CONSTRUCTION0.81%BUILDING1.23%
    INVESTMENT0.78%SECURITY1.19%
    IT0.76%S1.18%
    SECURITY0.75%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied70,399244,457
    7487 - Other business activities12,13147,029
    82990 - Other business support service activities not elsewhere classified10,07835,447
    99999 - Dormant Company9,21126,088
    9999 - Dormant Company5,73716,469
    70229 - Management consultancy activities other than financial management4,18720,390
    96090 - Other service activities not elsewhere classified3,59914,220
    62020 - Information technology consultancy activities3,28715,280
    74990 - Non-trading company2,4479,706
    7414 - Business & management consultancy2,41010,978
    9305 - Other service activities2,0687,926
    74909 - Other professional, scientific and technical activities not elsewhere classified1,89410,271
    62090 - Other information technology service activities1,8928,258
    7499 - Non-trading company1,7638,023
    7222 - Other software consultancy and supply1,5506,356
    7260 - Other computer related activities1,3846,456
    62012 - Business and domestic software development1,1154,742
    64999 - Financial intermediation not elsewhere classified1,0533,151
    41100 - Development of building projects1,0465,149
    68209 - Other letting and operating of own or leased real estate1,0144,535

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08052255 UK VISA FIRM LTD. 01 May 2012
    08052822 WELCOME CELLULAR LTD 01 May 2012
    08052977 CROSSWORLD (UK) LTD 01 May 2012
    08054551 HUQ CONSTRUCTION SERVICES LTD. 02 May 2012
    08055634 AQUACHARMS LIMITED 03 May 2012
    08055902 THE ITALIAN PLUMBER LTD. 03 May 2012
    08057755 UK LEATHER GARMENTS LTD 04 May 2012
    08058430 SOFTROAD SOLUTIONS LTD 04 May 2012
    08058729 METROSTAR LTD 04 May 2012
    08059528 GIACOMO HAIR LIMITED 08 May 2012
    08059560 WORLDWIDE LOGISTICS & INVESTMENTS LIMITED 08 May 2012
    08061009 PHOOLGANGA LTD 08 May 2012
    08062396 MEGA BUILDERS (LONDON) LTD 09 May 2012
    08063309 CREATIVE BUILD LONDON LTD 10 May 2012
    08063993 MAZA DESI EATERY LIMITED 10 May 2012
    08065745 ATLANTIS WATER LTD 11 May 2012
    08066515 PFC ORIGINAL LTD 11 May 2012
    08066643 HAMALAYA EXCHANGE LTD 11 May 2012
    08069103 TECH VALLEY UK LIMITED 15 May 2012
    08069708 RANVEER LIMITED 15 May 2012
    08070145 LAMPPOST TECHNOLOGY LTD 15 May 2012
    08071094 EUROPEAN CENTRE OF EXCELLENCE IN MEDIA COMPUTING AND COMMUNICATION LTD. 16 May 2012
    08072586 THE LIGHT CENTRE LTD 17 May 2012
    08072716 LEVEL CENTRAL LIMITED 17 May 2012
    08072953 LYMPHA LIMITED 17 May 2012