London, Greater London
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in London when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in London when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in London when compared to any previous Q4.
- December 2012 saw a new record in company registrations in London when compared to any previous December.
- November 2012 saw a new record in company registrations in London when compared to any previous November.
- October 2012 saw a new record in company registrations in London when compared to any previous October.
- October 2012 saw a new record in company closures in London when compared to any previous October.
- 2012 was a record year for net growth in London when compared to any year in history.
- The second half of 2012 saw a new record in net growth in London when compared to any previous second half year.
- Q4 2012 saw a new record in net growth in London when compared to any previous Q4.
- December 2012 saw a new record in net growth in London when compared to any previous December.
- November 2012 saw a new record in net growth in London when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in London when compared to any year in history.
A total of 124,393 companies were formed in London in 2012. This total is 11.1% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year London UK 2012 124,393 491,893 2011 112,010 452,870 2010 95,735 400,358 2009 82,474 362,675 2008 76,411 349,203 Record Year 2012 (124,393) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in London when compared to any previous second half year.
In the second half of 2012 a total of 61,273 companies were formed in London. This figure is 8.7% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in London occurred in 2012 when a total of 61,273 were formed.
Half Year (Jul-Dec) London UK 2012 61,273 238,743 2011 56,355 224,135 % change 8.7% 6.5% Record Year 2012 (61,273) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in London when compared to any previous Q4.
A total of 31,234 companies were registered in London during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 10.3% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) London UK 2012 31,234 119,875 2011 28,330 109,623 % change 10.3% 9.4% Record Year 2012 (31,234) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in London when compared to any previous December.
November 2012 saw a new record in company registrations in London when compared to any previous November.
October 2012 saw a new record in company registrations in London when compared to any previous October.
New Companies by Month
October November December New companies in 2012 11,679 11,234 8,321 New companies in 2011 9,842 10,492 7,996 % change 18.7% 7.1% 4.1% Record Year 2012 (11,679) 2012 (11,234) 2012 (8,321)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 69,001 companies were dissolved in London in 2012. This total is 4.7% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year London UK 2012 69,001 293,728 2011 72,425 314,524 2010 73,854 342,233 2009 114,223 533,787 2008 51,357 237,873 Record Year 2009 (114,223) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 33,827 companies were dissolved in London. This figure is 5.0% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in London occurred in 2009 when a total of 46,880 were closed.
Half Year (Jul-Dec) London UK 2012 33,827 145,934 2011 35,625 152,213 % change -5.0% -4.1% Record Year 2009 (46,880) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 16,507 companies were dissolved in London during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 11.3% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) London UK 2012 16,507 70,026 2011 18,611 79,983 % change -11.3% -12.4% Record Year 2009 (19,570) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in London when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 7,901 4,939 3,667 Closed companies in 2011 4,501 7,377 6,733 % change 75.5% -33.0% -46% Record Year 2012 (7,901) 2011 (7,377) 2009 (7,012)
Net Company Growth
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Annual Data (2012)
2012 was a record year for net growth in London when compared to any year in history.
A total of 55,392 companies were added to the company register for London in 2012. This number represents growth of 49.5% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 15,807 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the London company register grew by 55,392 companies.
Year London UK 2012 55,392 198,165 2011 39,585 138,346 2010 21,881 58,125 2009 -31,749 -171,112 2008 25,054 111,330 Record Year 2012 (55,392) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in net growth in London when compared to any previous second half year.
In the second half of 2012 the company register for London increased by 27,446 companies.
Half Year (Jul-Dec) London UK 2012 27,446 92,809 2011 20,730 71,922 Record Year 2012 (27,446) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in net growth in London when compared to any previous Q4.
Net company growth for London during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 14,727 companies.
fourth quarter (Oct 2012 - Dec 2012) London UK 2012 14,727 49,849 2011 9,719 29,640 Record Year 2012 (14,727) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in net growth in London when compared to any previous December.
November 2012 saw a new record in net growth in London when compared to any previous November.
Net Growth by Month
October November December Net growth in 2012 3,778 6,295 4,654 Net growth in 2011 5,341 3,115 1,263 Record Year 2011 (5,341) 2012 (6,295) 2012 (4,654)
UK Company Share
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Annual Data (2012)
In 2012 London formed 25.3% of all UK companies. This is an improvement on 2011 when London was responsible for 24.7% of all UK companies.
Year London 2012 25.3% 2011 24.7% 2010 23.9% 2009 22.7% 2008 21.9% Record Year (since 1960) 1998 (26.9%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 London formed 25.7% of all UK companies. This is more than the 2011 figure of 25.1%.
Half Year (Jul-Dec) London 2012 25.7% 2011 25.1% 2010 24.6% 2009 23.3% 2008 22.2% Record Year (since 1960) 1998 (27.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, London formed 26.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) London 2012 26.1% 2011 25.8% 2010 25.5% 2009 23.7% 2008 22.4% Record Year (since 1960) 1998 (27.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 25.4% 26.5% 26.5% UK formation share in 2011 25.4% 26.0% 26.1% % change -0.3% 1.9% 1.3% Record Year 1998 (28.1%) 1999 (27.3%) 2010 (27.3%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 41.2.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 40.9.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 40.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in London was 1860 when 35.7% of all directors were female.
The percentage of female directors in London in 2012 was 22.3%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in London was 1860 when 42.9% of all directors were female.
23.9% of all director appointments in London in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in London was in 1977 when 31.2% of all directors were female.
23.8% of all director appointments in London in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.78% CONSULTING 5.15% MANAGEMENT 2.79% MANAGEMENT 4.78% LONDON 2.76% CONSULTANCY 3.31% TRADING 1.92% PROPERTY 2.40% GLOBAL 1.72% TRADING 2.03% CONSULTANCY 1.69% DESIGN 1.86% CAPITAL 1.52% ASSOCIATES 1.82% MEDIA 1.48% ENGINEERING 1.79% CO., 1.41% BUSINESS 1.76% PROPERTY 1.37% CONSULTANTS 1.75% INTERNATIONAL 1.35% CONSTRUCTION 1.69% INVESTMENTS 1.31% LONDON 1.69% BUSINESS 1.19% MEDIA 1.69% CONSULTANTS 1.07% GLOBAL 1.59% DESIGN 1.06% J 1.57% PRODUCTIONS 1.02% INVESTMENTS 1.46% ASSOCIATES 0.96% IT 1.43% PARTNERS 0.95% CARE 1.39% CONSTRUCTION 0.86% PROPERTIES 1.34% PROPERTIES 0.85% M 1.26% IT 0.84% BUILDING 1.23% GROUP 0.80% ENTERPRISES 1.21% ENTERPRISES 0.79% TRAINING 1.18% SECURITY 0.78% ELECTRICAL 1.17% INVESTMENT 0.76% SECURITY 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 69,528 236,139 82990 - Other business support service activities not elsewhere classified 16,048 52,427 99999 - Dormant Company 13,916 40,648 70229 - Management consultancy activities other than financial management 6,465 30,396 96090 - Other service activities not elsewhere classified 5,900 22,058 62020 - Information technology consultancy activities 5,080 23,256 74990 - Non-trading company 3,663 13,808 74909 - Other professional, scientific and technical activities not elsewhere classified 3,102 15,572 7487 - Other business activities 3,070 10,703 62090 - Other information technology service activities 2,919 12,291 62012 - Business and domestic software development 1,837 7,446 41100 - Development of building projects 1,727 7,980 9999 - Dormant Company 1,634 4,599 68209 - Other letting and operating of own or leased real estate 1,628 6,971 56101 - Licensed restaurants 1,559 6,400 86900 - Other human health activities 1,523 7,866 64999 - Financial intermediation not elsewhere classified 1,522 4,537 69201 - Accounting and auditing activities 1,472 6,177 68100 - Buying and selling of own real estate 1,425 4,752 59111 - Motion picture production activities 1,274 2,479
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08234204 SUNNY ART CENTRE LTD. 01 Oct 2012 08234307 RADIUS-SIGMA LIMITED 01 Oct 2012 08234454 CITYSETUPS LTD 01 Oct 2012 08234702 ELITE HOSPITALITY MANAGEMENT LTD 01 Oct 2012 08235047 NY FASHION LTD 01 Oct 2012 08236465 MARINEFAB LIMITED 02 Oct 2012 08237936 RAMSGATE DAILY SUPPLIES LTD 03 Oct 2012 08238826 BLUEPRINT INVESTMENTS (LONDON) LIMITED 03 Oct 2012 08239101 INNOVATIVE TECHNOLOGY BD LTD 03 Oct 2012 08240055 MN TRADERS LTD 04 Oct 2012 08241160 ANCESTRY SOLUTIONS LIMITED 05 Oct 2012 08242189 BW BUSINESS SOLUTIONS (UK) LTD 05 Oct 2012 08245399 BEFORE YOU DIE LTD 09 Oct 2012 08245824 STEP UP COLLEGE OF LONDON LTD 09 Oct 2012 08245867 IRFAN COMMERCIAL UK LTD 09 Oct 2012 08247419 HFS GARMENTS LTD 10 Oct 2012 08247478 ANONA DESIGN & GARMENTS LTD 10 Oct 2012 08250157 MERCANTILE CITY LTD 11 Oct 2012 08250504 WINWINDEAL.CO.UK LIMITED 12 Oct 2012 08251046 EMPEROR INVESTMENTS LTD 12 Oct 2012 08251503 APPSCLUSTER ACADEMY LIMITED 12 Oct 2012 08252973 PSEUDO MEDIA LIMITED 15 Oct 2012 08254102 ROBAIT MASUD AND CO LTD 16 Oct 2012 08254230 CHOWDHURY AND ALI LTD 16 Oct 2012 08254606 ALLUSTRIA FINANCE & INVESTMENTS LIMITED 16 Oct 2012
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