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
New Company Registrations
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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) London UK 2013 68,267 269,432 2012 63,120 253,150 % change 8.2% 6.4% Record Year 2013 (68,267) 2007 (279,097) New Companies by Half Year
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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) London UK 2013 34,268 134,630 2012 30,913 121,659 % change 10.9% 10.7% Record Year 2013 (34,268) 2013 (134,630) New Companies by Quarter
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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
April May June New companies in 2013 12,194 11,466 10,608 New companies in 2012 10,354 11,008 9,551 % change 17.8% 4.2% 11.1% Record Year 2013 (12,194) 2013 (11,466) 2013 (10,608)
Closed Companies (dissolved)
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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) London UK 2013 38,689 155,192 2012 35,174 147,794 % change 10.0% 5.0% Record Year 2009 (67,344) 2009 (289,245) Dissolved Companies by Half Year
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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) London UK 2013 19,081 77,278 2012 19,200 80,218 % change -0.6% -3.7% Record Year 2009 (41,576) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
Dissolved Companies by Month
April May June Closed companies in 2013 6,759 5,477 6,845 Closed companies in 2012 6,146 6,840 6,214 % change 10.0% -19.9% 10% Record Year 2009 (13,685) 2009 (18,292) 2009 (9,599)
Net Company Growth
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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) London UK 2013 29,578 114,240 2012 27,946 105,356 Record Year 2007 (30,021) 2007 (171,296) Net Growth by Half Year
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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) London UK 2013 15,187 57,352 2012 11,713 41,441 Record Year 2013 (15,187) 2007 (60,014) Net Growth by Quarter
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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
April May June Net growth in 2013 5,435 5,989 3,763 Net growth in 2012 4,208 4,168 3,337 Record Year 2007 (5,763) 2013 (5,989) 2008 (5,782)
UK Company Share
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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 2013 25.3% 2012 24.9% 2011 24.3% 2010 23.2% 2009 22.2% Record Year (since 1960) 1999 (27.4%) Company Share by Half Year
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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 2013 25.5% 2012 25.4% 2011 24.6% 2010 23.8% 2009 22.6% Record Year (since 1960) 1999 (27.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 25.0% 25.6% 25.8% UK formation share in 2012 25.3% 25.3% 25.7% % change -1.1% 1.2% 0.5% Record Year 1994 (26.5%) 1999 (28.7%) 1912 (35.9%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.82% CONSULTING 5.25% MANAGEMENT 2.90% MANAGEMENT 4.80% LONDON 2.86% CONSULTANCY 3.41% TRADING 1.84% PROPERTY 2.48% CONSULTANCY 1.78% TRADING 2.05% GLOBAL 1.77% ENGINEERING 1.81% CAPITAL 1.63% DESIGN 1.79% PROPERTY 1.45% LONDON 1.77% CO., 1.42% BUSINESS 1.77% MEDIA 1.41% CONSULTANTS 1.68% INVESTMENTS 1.34% CONSTRUCTION 1.68% INTERNATIONAL 1.34% ASSOCIATES 1.67% BUSINESS 1.17% GLOBAL 1.59% DESIGN 1.07% MEDIA 1.57% PARTNERS 1.02% CARE 1.55% PRODUCTIONS 1.00% J 1.53% CONSULTANTS 0.99% INVESTMENTS 1.46% ASSOCIATES 0.91% IT 1.40% CONSTRUCTION 0.89% PROPERTIES 1.40% IT 0.84% M 1.26% PROPERTIES 0.83% BUILDING 1.22% INVESTMENT 0.80% ELECTRICAL 1.19% CO 0.78% ENTERPRISES 1.18% GROUP 0.78% CAPITAL 1.16% ENTERPRISES 0.77% TRAINING 1.16%
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 75,616 257,517 82990 - Other business support service activities not elsewhere classified 18,402 54,555 99999 - Dormant Company 14,735 44,817 70229 - Management consultancy activities other than financial management 7,362 33,633 96090 - Other service activities not elsewhere classified 6,805 24,324 62020 - Information technology consultancy activities 5,604 25,583 74990 - Non-trading company 3,815 14,303 74909 - Other professional, scientific and technical activities not elsewhere classified 3,517 17,095 62090 - Other information technology service activities 3,157 12,578 62012 - Business and domestic software development 2,257 8,590 41100 - Development of building projects 1,926 8,876 68209 - Other letting and operating of own or leased real estate 1,798 7,871 86900 - Other human health activities 1,737 8,687 56101 - Licensed restaurants 1,737 7,148 69201 - Accounting and auditing activities 1,700 6,771 64999 - Financial intermediation not elsewhere classified 1,676 4,977 47910 - Retail sale via mail order houses or via Internet 1,624 7,793 68100 - Buying and selling of own real estate 1,539 5,141 90030 - Artistic creation 1,389 3,872 68320 - Management of real estate on a fee or contract basis 1,376 5,184
Recent Companies
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Randomly selected companies from this quarter
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