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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
    08015927 RECOVERY STORAGE & REPAIR SERVICES LTD 02 Apr 2012
    08016727 MIDLAND HAJJ & UMRAH SERVICES LIMITED 03 Apr 2012
    08018100 HOUSE OF BURLESQUE TOURING LTD 03 Apr 2012
    08018198 BEZIER CG LTD 03 Apr 2012
    08019120 CG SUITABILITY TOOL LIMITED 04 Apr 2012
    08019150 PRYMOS LIMITED 04 Apr 2012
    08020505 OJH CONSULTANCY LIMITED 04 Apr 2012
    08020645 OJH TRAINING LIMITED 04 Apr 2012
    08021402 PFC ENTERPRISE LIMITED 05 Apr 2012
    08022122 THE CLEAN TEAMM LTD 05 Apr 2012
    08022689 WEST LINK SOLUTION LIMITED 10 Apr 2012
    08023249 CRANBERRY WATERLOO LTD 10 Apr 2012
    08023284 THE UK CENTRE FOR COUNSELLING AND PSYCHOTHERAPY LTD 10 Apr 2012
    08025270 TAYYIBAH LTD 11 Apr 2012
    08026218 CLOUD INFORMATICS UK LTD 11 Apr 2012
    08027677 AN (UK) FOOD STORE LTD 12 Apr 2012
    08028604 YSTHAM LIMITED 12 Apr 2012
    08028659 NADTOCIJ TRAID LIMITED 12 Apr 2012
    08029102 CRYSTAL GATE CONSULTANCY LIMITED 13 Apr 2012
    08029350 SHIKDAR CUISINE LIMITED 13 Apr 2012
    08030645 QENG LIMITED 14 Apr 2012
    08030772 MIK UK LTD 14 Apr 2012
    08030814 QUAINT CALCULUS LIMITED 14 Apr 2012
    08033847 BE BRIEF LIMITED 17 Apr 2012
    08034826 SNOWDROPS (UK) LTD 18 Apr 2012