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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

  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 (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)LondonUK
    201333,999134,802
    201232,207131,491
    % change5.6%2.5%
    Record Year 2013 (33,999) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 201310,98711,80111,211
    New companies in 20129,54111,16711,499
    % change15.2%5.7%-2.5%
    Record Year2013 (10,987)2013 (11,801)2007 (13,856)

Closed Companies (dissolved)

  1. 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)LondonUK
    201319,60877,914
    201215,97467,576
    % change22.7%15.3%
    Record Year 2009 (25,768) 2009 (108,066)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20138,4815,6215,506
    Closed companies in 20125,5725,4174,985
    % change52.2%3.8%10%
    Record Year2013 (8,481)2008 (6,497)2009 (18,023)

Net Company Growth

  1. 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)LondonUK
    201314,39156,888
    201216,23363,915
    Record Year 2007 (16,913) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 20132,5066,1805,705
    Net growth in 20123,9695,7506,514
    Record Year2012 (3,969)2013 (6,180)2007 (9,043)

UK Company Share

  1. 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
    201325.2%
    201224.5%
    201124.1%
    201022.7%
    200921.9%
    Record Year (since 1960) 1999 (27.7%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 201325.0%26.5%24.2%
    UK formation share in 201224.2%25.3%24.0%
    % change3.2%4.9%0.8%
    Record Year1989 (28.1%)1902 (42.9%)1999 (28.6%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING3.79%CONSULTING5.18%
    MANAGEMENT2.83%MANAGEMENT4.78%
    LONDON2.80%CONSULTANCY3.30%
    TRADING1.83%PROPERTY2.44%
    CONSULTANCY1.72%TRADING2.06%
    GLOBAL1.71%DESIGN1.79%
    CAPITAL1.57%ENGINEERING1.78%
    MEDIA1.47%BUSINESS1.77%
    PROPERTY1.43%ASSOCIATES1.75%
    CO.,1.32%LONDON1.72%
    INTERNATIONAL1.32%CONSULTANTS1.71%
    INVESTMENTS1.31%CONSTRUCTION1.69%
    BUSINESS1.18%MEDIA1.63%
    DESIGN1.05%GLOBAL1.57%
    CONSULTANTS1.01%J1.56%
    ASSOCIATES0.99%CARE1.46%
    PARTNERS0.97%IT1.43%
    PRODUCTIONS0.97%INVESTMENTS1.41%
    CONSTRUCTION0.87%PROPERTIES1.36%
    PROPERTIES0.84%M1.25%
    IT0.83%BUILDING1.21%
    SECURITY0.80%ENTERPRISES1.19%
    ENTERPRISES0.78%ELECTRICAL1.18%
    INVESTMENT0.76%TRAINING1.17%
    GROUP0.75%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied72,928249,183
    82990 - Other business support service activities not elsewhere classified17,53754,531
    99999 - Dormant Company14,45943,384
    70229 - Management consultancy activities other than financial management7,03532,624
    96090 - Other service activities not elsewhere classified6,41023,532
    62020 - Information technology consultancy activities5,37524,894
    74990 - Non-trading company3,78414,129
    74909 - Other professional, scientific and technical activities not elsewhere classified3,33716,448
    62090 - Other information technology service activities3,08112,664
    7487 - Other business activities2,2067,556
    62012 - Business and domestic software development2,0578,099
    41100 - Development of building projects1,8628,637
    68209 - Other letting and operating of own or leased real estate1,7277,507
    56101 - Licensed restaurants1,6756,894
    86900 - Other human health activities1,6228,465
    64999 - Financial intermediation not elsewhere classified1,6054,819
    69201 - Accounting and auditing activities1,5956,591
    68100 - Buying and selling of own real estate1,5415,059
    47910 - Retail sale via mail order houses or via Internet1,4517,199
    59111 - Motion picture production activities1,3632,656

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08425036 IMZ TRADING LIMITED 01 Mar 2013
    08426173 SPITALFIELDS OPEN SPACE 01 Mar 2013
    08427951 STACI KATHERINE LIMITED 04 Mar 2013
    08428006 MRM TRAINCEN LIMITED 04 Mar 2013
    08428518 MISS SCARF QQ LIMITED 04 Mar 2013
    08429198 VENINCA LIMITED 04 Mar 2013
    08430886 SMS FORESTHILL LIMITED 05 Mar 2013
    08431470 KAM CATERING (LONDON) LTD 06 Mar 2013
    08435410 JOHURA & SYED ASSOCIATES LTD 07 Mar 2013
    08438080 UNIT 6 EAST LTD 11 Mar 2013
    08438939 DRINGO 54 STUDIOS LIMITED 11 Mar 2013
    08439643 ANQUIRO LTD 11 Mar 2013
    08440589 MMK AND ASSOCIATES LTD 12 Mar 2013
    08441507 PIONEER PLUS CONSULTANCY UK LTD 12 Mar 2013
    08441845 VDIT SOLUTIONS LTD. 12 Mar 2013
    08441953 3D CUT LIMITED 12 Mar 2013
    08442284 M & D IMPORT EXPORT LTD 13 Mar 2013
    08442417 MARKUP SOLUTIONS LIMITED 13 Mar 2013
    08442686 PRO & INVEST BUILDING LTD. 13 Mar 2013
    08443890 IMAAN TRADERS LIMITED 14 Mar 2013
    08446207 RFT TRAVELS & CARGO LTD 15 Mar 2013
    08447641 MANAGED VOLUME CONSULTING LIMITED 15 Mar 2013
    08447868 FURNISHING HOUSE LIMITED 15 Mar 2013
    08447981 LONGRIVER PARTNERS LIMITED 15 Mar 2013
    08448078 LONGRIVER ACQUISITIONS LIMITED 18 Mar 2013

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