London, Greater London
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- Q1 2013 saw a new record in company registrations in London when compared to any previous Q1.
- Q1 2013 was a record quarter for company registrations in London when compared to any quarter in history.
- February 2013 saw a new record in company registrations in London when compared to any previous February.
- January 2013 saw a new record in company registrations in London when compared to any previous January.
- January 2013 saw a new record in company closures in London when compared to any previous January.
- February 2013 saw a new record in net growth in London when compared to any previous February.
- The record first quarter for female directors in London was in 2013 when 26.0% of all directors were female.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
Q1 2013 saw a new record in company registrations in London when compared to any previous Q1.
Q1 2013 was a record quarter for company registrations in London when compared to any quarter in history.
A total of 33,999 companies were registered in London during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 5.6% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) London UK 2013 33,999 134,802 2012 32,207 131,491 % change 5.6% 2.5% Record Year 2013 (33,999) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in company registrations in London when compared to any previous February.
January 2013 saw a new record in company registrations in London when compared to any previous January.
New Companies by Month
January February March New companies in 2013 10,987 11,801 11,211 New companies in 2012 9,541 11,167 11,499 % change 15.2% 5.7% -2.5% Record Year 2013 (10,987) 2013 (11,801) 2007 (13,856)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 19,608 companies were dissolved in London during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 22.7% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) London UK 2013 19,608 77,914 2012 15,974 67,576 % change 22.7% 15.3% Record Year 2009 (25,768) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
January 2013 saw a new record in company closures in London when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2013 8,481 5,621 5,506 Closed companies in 2012 5,572 5,417 4,985 % change 52.2% 3.8% 10% Record Year 2013 (8,481) 2008 (6,497) 2009 (18,023)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for London during the first quarter of 2013 (Jan 2013 - Mar 2013) was 14,391 companies.
first quarter (Jan 2013 - Mar 2013) London UK 2013 14,391 56,888 2012 16,233 63,915 Record Year 2007 (16,913) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in net growth in London when compared to any previous February.
Net Growth by Month
January February March Net growth in 2013 2,506 6,180 5,705 Net growth in 2012 3,969 5,750 6,514 Record Year 2012 (3,969) 2013 (6,180) 2007 (9,043)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, London formed 25.2% of all UK companies.
first quarter (Jan 2013 - Mar 2013) London 2013 25.2% 2012 24.5% 2011 24.1% 2010 22.7% 2009 21.9% Record Year (since 1960) 1999 (27.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 25.0% 26.5% 24.2% UK formation share in 2012 24.2% 25.3% 24.0% % change 3.2% 4.9% 0.8% Record Year 1989 (28.1%) 1902 (42.9%) 1999 (28.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 45.9.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 1.3% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in London was in 2013 when 26.0% of all directors were female.
26.0% of all director appointments in London in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.79% CONSULTING 5.18% MANAGEMENT 2.83% MANAGEMENT 4.78% LONDON 2.80% CONSULTANCY 3.30% TRADING 1.83% PROPERTY 2.44% CONSULTANCY 1.72% TRADING 2.06% GLOBAL 1.71% DESIGN 1.79% CAPITAL 1.57% ENGINEERING 1.78% MEDIA 1.47% BUSINESS 1.77% PROPERTY 1.43% ASSOCIATES 1.75% CO., 1.32% LONDON 1.72% INTERNATIONAL 1.32% CONSULTANTS 1.71% INVESTMENTS 1.31% CONSTRUCTION 1.69% BUSINESS 1.18% MEDIA 1.63% DESIGN 1.05% GLOBAL 1.57% CONSULTANTS 1.01% J 1.56% ASSOCIATES 0.99% CARE 1.46% PARTNERS 0.97% IT 1.43% PRODUCTIONS 0.97% INVESTMENTS 1.41% CONSTRUCTION 0.87% PROPERTIES 1.36% PROPERTIES 0.84% M 1.25% IT 0.83% BUILDING 1.21% SECURITY 0.80% ENTERPRISES 1.19% ENTERPRISES 0.78% ELECTRICAL 1.18% INVESTMENT 0.76% TRAINING 1.17% GROUP 0.75% SECURITY 1.15%
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 72,928 249,183 82990 - Other business support service activities not elsewhere classified 17,537 54,531 99999 - Dormant Company 14,459 43,384 70229 - Management consultancy activities other than financial management 7,035 32,624 96090 - Other service activities not elsewhere classified 6,410 23,532 62020 - Information technology consultancy activities 5,375 24,894 74990 - Non-trading company 3,784 14,129 74909 - Other professional, scientific and technical activities not elsewhere classified 3,337 16,448 62090 - Other information technology service activities 3,081 12,664 7487 - Other business activities 2,206 7,556 62012 - Business and domestic software development 2,057 8,099 41100 - Development of building projects 1,862 8,637 68209 - Other letting and operating of own or leased real estate 1,727 7,507 56101 - Licensed restaurants 1,675 6,894 86900 - Other human health activities 1,622 8,465 64999 - Financial intermediation not elsewhere classified 1,605 4,819 69201 - Accounting and auditing activities 1,595 6,591 68100 - Buying and selling of own real estate 1,541 5,059 47910 - Retail sale via mail order houses or via Internet 1,451 7,199 59111 - Motion picture production activities 1,363 2,656
Recent Companies
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Randomly selected companies from this quarter
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