London, Greater London

2013 Half Year 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

  • The first half of 2013 saw a new record in company registrations in London when compared to any previous first half year.
  • The first half of 2013 was a record first half year for company registrations in London when compared to any half year in history.
  • Q2 2013 saw a new record in company registrations in London when compared to any previous Q2.
  • Q2 2013 was a record quarter for company registrations in London when compared to any quarter in history.
  • June 2013 saw a new record in company registrations in London when compared to any previous June.
  • May 2013 saw a new record in company registrations in London when compared to any previous May.
  • April 2013 saw a new record in company registrations in London when compared to any previous April.
  • May 2013 saw a new record in net growth in London when compared to any previous May.
  • The record first half year for female directors in London was 2013 when 23.9% 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. Half Year Data (Jan-Jun 2013)

    The first half of 2013 saw a new record in company registrations in London when compared to any previous first half year.

    The first half of 2013 was a record first half year for company registrations in London when compared to any half year in history.

    In the first half of 2013 a total of 68,267 companies were formed in London. This figure is 8.2% higher than last year, which compares well to the UK wide figure of 6.4%.

    The highest total for a first half year in London occurred in 2013 when a total of 68,267 were formed.

    Half Year (Jan-Jun)LondonUK
    201368,267269,432
    201263,120253,150
    % change8.2%6.4%
    Record Year2013 (68,267)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Q2 2013 saw a new record in company registrations in London when compared to any previous Q2.

    Q2 2013 was a record quarter for company registrations in London when compared to any quarter in history.

    A total of 34,268 companies were registered in London during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 10.9% versus the same period last year (Q2 2012). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)LondonUK
    201334,268134,630
    201230,913121,659
    % change10.9%10.7%
    Record Year 2013 (34,268) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    June 2013 saw a new record in company registrations in London when compared to any previous June.

    May 2013 saw a new record in company registrations in London when compared to any previous May.

    April 2013 saw a new record in company registrations in London when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 201312,19411,46610,608
    New companies in 201210,35411,0089,551
    % change17.8%4.2%11.1%
    Record Year2013 (12,194)2013 (11,466)2013 (10,608)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 38,689 companies were dissolved in London. This figure is 10.0% higher than last year, which compares badly to the UK wide change of 5.0%.

    The highest total for a first half year in London occurred in 2009 when a total of 67,344 were closed.

    Half Year (Jan-Jun)LondonUK
    201338,689155,192
    201235,174147,794
    % change10.0%5.0%
    Record Year2009 (67,344)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 19,081 companies were dissolved in London during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 0.6% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)LondonUK
    201319,08177,278
    201219,20080,218
    % change-0.6%-3.7%
    Record Year 2009 (41,576) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20136,7595,4776,845
    Closed companies in 20126,1466,8406,214
    % change10.0%-19.9%10%
    Record Year2009 (13,685)2009 (18,292)2009 (9,599)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for London increased by 29,578 companies.

    Half Year (Jan-Jun)LondonUK
    201329,578114,240
    201227,946105,356
    Record Year2007 (30,021)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for London during the second quarter of 2013 (Apr 2013 - Jun 2013) was 15,187 companies.

    second quarter (Apr 2013 - Jun 2013)LondonUK
    201315,18757,352
    201211,71341,441
    Record Year 2013 (15,187) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    May 2013 saw a new record in net growth in London when compared to any previous May.

    Net Growth by Month
    AprilMayJune
    Net growth in 20135,4355,9893,763
    Net growth in 20124,2084,1683,337
    Record Year2007 (5,763)2013 (5,989)2008 (5,782)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 London formed 25.3% of all UK companies. This is more than the 2012 figure of 24.9%.

    Half Year (Jan-Jun)London
    201325.3%
    201224.9%
    201124.3%
    201023.2%
    200922.2%
    Record Year (since 1960) 1999 (27.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, London formed 25.5% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)London
    201325.5%
    201225.4%
    201124.6%
    201023.8%
    200922.6%
    Record Year (since 1960) 1999 (27.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 201325.0%25.6%25.8%
    UK formation share in 201225.3%25.3%25.7%
    % change-1.1%1.2%0.5%
    Record Year1994 (26.5%)1999 (28.7%)1912 (35.9%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 43.0.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 42.2.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in London was 2013 when 23.9% of all directors were female.

    23.9% of all director appointments in London in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in London was in 2012 when 24.3% of all directors were female.

    23.3% of all director appointments in London in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.82%CONSULTING5.25%
    MANAGEMENT2.90%MANAGEMENT4.80%
    LONDON2.86%CONSULTANCY3.41%
    TRADING1.84%PROPERTY2.48%
    CONSULTANCY1.78%TRADING2.05%
    GLOBAL1.77%ENGINEERING1.81%
    CAPITAL1.63%DESIGN1.79%
    PROPERTY1.45%LONDON1.77%
    CO.,1.42%BUSINESS1.77%
    MEDIA1.41%CONSULTANTS1.68%
    INVESTMENTS1.34%CONSTRUCTION1.68%
    INTERNATIONAL1.34%ASSOCIATES1.67%
    BUSINESS1.17%GLOBAL1.59%
    DESIGN1.07%MEDIA1.57%
    PARTNERS1.02%CARE1.55%
    PRODUCTIONS1.00%J1.53%
    CONSULTANTS0.99%INVESTMENTS1.46%
    ASSOCIATES0.91%IT1.40%
    CONSTRUCTION0.89%PROPERTIES1.40%
    IT0.84%M1.26%
    PROPERTIES0.83%BUILDING1.22%
    INVESTMENT0.80%ELECTRICAL1.19%
    CO0.78%ENTERPRISES1.18%
    GROUP0.78%CAPITAL1.16%
    ENTERPRISES0.77%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied75,616257,517
    82990 - Other business support service activities not elsewhere classified18,40254,555
    99999 - Dormant Company14,73544,817
    70229 - Management consultancy activities other than financial management7,36233,633
    96090 - Other service activities not elsewhere classified6,80524,324
    62020 - Information technology consultancy activities5,60425,583
    74990 - Non-trading company3,81514,303
    74909 - Other professional, scientific and technical activities not elsewhere classified3,51717,095
    62090 - Other information technology service activities3,15712,578
    62012 - Business and domestic software development2,2578,590
    41100 - Development of building projects1,9268,876
    68209 - Other letting and operating of own or leased real estate1,7987,871
    86900 - Other human health activities1,7378,687
    56101 - Licensed restaurants1,7377,148
    69201 - Accounting and auditing activities1,7006,771
    64999 - Financial intermediation not elsewhere classified1,6764,977
    47910 - Retail sale via mail order houses or via Internet1,6247,793
    68100 - Buying and selling of own real estate1,5395,141
    90030 - Artistic creation1,3893,872
    68320 - Management of real estate on a fee or contract basis1,3765,184

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08512205 ROGERS HEALTHCARE (UK) LIMITED 01 May 2013
    08514411 MAHRIN COLLECTION LTD 02 May 2013
    08514748 XCORDIS FINTECH LTD 02 May 2013
    08514787 SPICE ROOT SALISBURY LTD 02 May 2013
    08514879 ALNERY NO. 3101 LIMITED 02 May 2013
    08514921 MILAN CAFE LIMITED 02 May 2013
    08515072 FARR RISK SERVICES LIMITED 02 May 2013
    08515272 RELIANCE DOT COM LIMITED 03 May 2013
    08517972 SG GENERAL SUPPLIERS LIMITED 07 May 2013
    08518551 MARCK SYSTEMS UK LTD. 07 May 2013
    08518664 SAATRONG LTD 07 May 2013
    08518965 JOLIE MOI CONCESSIONS LIMITED 07 May 2013
    08519220 SY TECHNOLOGY CONSULTING LIMITED 08 May 2013
    08520579 CRACK FILMS LIMITED 08 May 2013
    08520895 MAA MEDIA LIMITED 09 May 2013
    08520986 CHASING ACES LTD 09 May 2013
    08521491 YUMMY PERI PERI LTD 09 May 2013
    08521605 CENTURION (INVERURIE) LIMITED 09 May 2013
    08521657 MOTION OF THE STARS CREATIVE IDEAS LTD 09 May 2013
    08523782 SYLDON & CO LTD 10 May 2013
    08526016 SPICY CATERING LTD 13 May 2013
    08526194 ITAHSIN LTD 13 May 2013
    08527014 MAQAAM TOURS LIMITED 13 May 2013
    08527329 CRISPY BYTE LIMITED 13 May 2013
    08528097 LOVE MOBILE AND COMPUTER UK LTD 14 May 2013