London, Greater London

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in London when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in London when compared to any previous September.
  • August 2012 saw a new record in company registrations in London when compared to any previous August.
  • July 2012 saw a new record in company registrations in London when compared to any previous July.
  • Q3 2012 saw a new record in net growth in London when compared to any previous Q3.
  • September 2012 saw a new record in net growth in London when compared to any previous September.
  • August 2012 saw a new record in net growth in London when compared to any previous August.

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 (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in London when compared to any previous Q3.

    A total of 30,039 companies were registered in London during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 7.2% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)LondonUK
    201230,039118,868
    201128,025114,512
    % change7.2%3.8%
    Record Year 2012 (30,039) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    September 2012 saw a new record in company registrations in London when compared to any previous September.

    August 2012 saw a new record in company registrations in London when compared to any previous August.

    July 2012 saw a new record in company registrations in London when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 201210,8779,3179,845
    New companies in 20119,2519,2129,562
    % change17.6%1.1%3.0%
    Record Year2012 (10,877)2012 (9,317)2012 (9,845)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 17,011 companies were dissolved in London during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 0.0% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)LondonUK
    201217,01174,772
    201117,01372,230
    % change0.0%3.5%
    Record Year 2009 (27,313) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20126,0836,0964,832
    Closed companies in 20115,4926,2325,289
    % change10.8%-2.2%-9%
    Record Year2002 (6,179)2008 (12,696)2009 (13,861)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in net growth in London when compared to any previous Q3.

    Net company growth for London during the third quarter of 2012 (Jul 2012 - Sep 2012) was 13,028 companies.

    third quarter (Jul 2012 - Sep 2012)LondonUK
    201213,02844,096
    201111,01242,282
    Record Year 2012 (13,028) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    September 2012 saw a new record in net growth in London when compared to any previous September.

    August 2012 saw a new record in net growth in London when compared to any previous August.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20124,7943,2215,013
    Net growth in 20113,7592,9804,273
    Record Year2008 (4,846)2012 (3,221)2012 (5,013)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, London formed 25.3% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)London
    201225.3%
    201124.5%
    201023.8%
    200922.9%
    200822.0%
    Record Year (since 1960) 1998 (27.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201226.3%24.4%25.0%
    UK formation share in 201124.9%24.0%24.6%
    % change5.6%1.9%1.8%
    Record Year2001 (27.3%)1998 (27.1%)1969 (27.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 39.9.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in London was in 1862 when 50.0% of all directors were female.

    24.1% of all director appointments in London in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.69%CONSULTING5.05%
    LONDON2.75%MANAGEMENT4.75%
    MANAGEMENT2.72%CONSULTANCY3.28%
    TRADING2.02%PROPERTY2.35%
    GLOBAL1.64%TRADING2.08%
    CONSULTANCY1.63%DESIGN1.87%
    CO.,1.52%ASSOCIATES1.84%
    MEDIA1.48%ENGINEERING1.83%
    CAPITAL1.47%CONSULTANTS1.76%
    INTERNATIONAL1.43%BUSINESS1.72%
    INVESTMENTS1.37%CONSTRUCTION1.70%
    PROPERTY1.31%MEDIA1.67%
    BUSINESS1.16%LONDON1.67%
    PRODUCTIONS1.03%J1.55%
    CONSULTANTS1.03%GLOBAL1.53%
    DESIGN1.02%INVESTMENTS1.46%
    ASSOCIATES0.98%IT1.43%
    PARTNERS0.95%PROPERTIES1.34%
    PROPERTIES0.87%CARE1.32%
    GROUP0.84%M1.27%
    CONSTRUCTION0.83%BUILDING1.22%
    IT0.80%ENTERPRISES1.20%
    ENTERPRISES0.79%ELECTRICAL1.20%
    INVESTMENT0.75%S1.17%
    SECURITY0.75%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied90,693331,455
    82990 - Other business support service activities not elsewhere classified9,70933,677
    7487 - Other business activities9,43735,545
    99999 - Dormant Company8,91925,035
    9999 - Dormant Company4,39712,598
    70229 - Management consultancy activities other than financial management4,03719,425
    96090 - Other service activities not elsewhere classified3,49113,716
    62020 - Information technology consultancy activities3,19314,774
    74990 - Non-trading company2,3549,203
    7414 - Business & management consultancy1,8818,437
    74909 - Other professional, scientific and technical activities not elsewhere classified1,8339,891
    62090 - Other information technology service activities1,8117,869
    9305 - Other service activities1,5996,142
    7499 - Non-trading company1,3526,164
    7222 - Other software consultancy and supply1,2104,997
    7260 - Other computer related activities1,1044,979
    62012 - Business and domestic software development1,0884,584
    41100 - Development of building projects1,0134,965
    64999 - Financial intermediation not elsewhere classified1,0002,968
    68209 - Other letting and operating of own or leased real estate9774,294

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08198564 NEW SAPPHIRE TRADING LTD 03 Sep 2012
    08199510 UK WEB MASTER & SYSTEM ADMINISTRATOR LTD 03 Sep 2012
    08199624 VOICE TOOLS LTD. 03 Sep 2012
    08201606 EXPORTECH (UK) LTD 04 Sep 2012
    08201699 AIR VOICE TRADING UK LIMITED 04 Sep 2012
    08201852 CURRY DIRECT (UK) LTD 05 Sep 2012
    08202026 LIBERTY CHAMBERS LTD 05 Sep 2012
    08202406 YASHOVARDHAN LIMITED 05 Sep 2012
    08204332 CORETIUM MEDIA LIMITED 06 Sep 2012
    08204939 SATCO LONDON LIMITED 06 Sep 2012
    08207679 STEERWEB LIMITED 10 Sep 2012
    08207686 XPERT LINE LTD 10 Sep 2012
    08209810 SMARTER WORLD LIMITED 11 Sep 2012
    08210899 JONATA TRAVEL UK LIMITED 12 Sep 2012
    08211316 MARINEPORT LIMITED 12 Sep 2012
    08212237 SEARUSH LIMITED 12 Sep 2012
    08212319 SMS WORLD LTD 12 Sep 2012
    08212345 OCEANSTOP LIMITED 12 Sep 2012
    08212395 COMMUNITY AND YOU LTD 12 Sep 2012
    08212722 PHARMEDIC (UK) LTD 13 Sep 2012
    08212866 CHAPEL FILMS LIMITED 13 Sep 2012
    08213010 NUR JAHAN GRILL LIMITED 13 Sep 2012
    08213344 ENIGMA VMV LTD. 13 Sep 2012
    08215323 D S LONDON LTD 14 Sep 2012
    08216108 SRD SILK ROOT DESIGN LTD 17 Sep 2012