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London, Greater London

Q3 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

  • Q3 2013 saw a new record in company registrations in London when compared to any previous Q3.
  • September 2013 saw a new record in company registrations in London when compared to any previous September.
  • August 2013 saw a new record in company registrations in London when compared to any previous August.
  • July 2013 saw a new record in company registrations in London when compared to any previous July.
  • July 2013 saw a new record in company closures in London when compared to any previous July.
  • August 2013 saw a new record in net growth in London when compared to any previous August.
  • The record third quarter for female directors in London was in 2013 when 24.0% 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 (Q3 Jul-Sep 2013)

    Q3 2013 saw a new record in company registrations in London when compared to any previous Q3.

    A total of 33,314 companies were registered in London during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 10.9% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)LondonUK
    201333,314132,684
    201230,039118,868
    % change10.9%11.6%
    Record Year 2013 (33,314) 2013 (132,684)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 201311,58510,45711,272
    New companies in 201210,8779,3179,845
    % change6.5%12.2%14.5%
    Record Year2013 (11,585)2013 (10,457)2013 (11,272)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 20,286 companies were dissolved in London during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 17.1% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)LondonUK
    201320,28686,170
    201217,32075,908
    % change17.1%13.5%
    Record Year 2009 (27,310) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    July 2013 saw a new record in company closures in London when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20137,2435,8897,154
    Closed companies in 20126,0836,1185,119
    % change19.1%-3.7%40%
    Record Year2013 (7,243)2008 (12,695)2009 (13,860)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for London during the third quarter of 2013 (Jul 2013 - Sep 2013) was 13,028 companies.

    third quarter (Jul 2013 - Sep 2013)LondonUK
    201313,02846,514
    201212,71942,960
    Record Year 2013 (13,028) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20134,3424,5684,118
    Net growth in 20124,7943,1994,726
    Record Year2008 (4,846)2013 (4,568)2012 (4,726)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, London formed 25.1% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)London
    201325.1%
    201225.3%
    201124.5%
    201023.8%
    200922.9%
    Record Year (since 1960) 1998 (27.0%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 201325.1%25.1%25.1%
    UK formation share in 201226.3%24.4%25.0%
    % change-4.7%3.0%0.4%
    Record Year1945 (28.1%)1929 (30.2%)1929 (30.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 41.8.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in London was in 2013 when 24.0% of all directors were female.

    24.0% of all director appointments in London in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.79%CONSULTING5.27%
    LONDON2.87%MANAGEMENT4.75%
    MANAGEMENT2.86%CONSULTANCY3.45%
    TRADING1.90%PROPERTY2.53%
    CONSULTANCY1.80%TRADING2.08%
    GLOBAL1.75%ENGINEERING1.83%
    CAPITAL1.67%LONDON1.79%
    CO.,1.54%DESIGN1.78%
    PROPERTY1.46%BUSINESS1.74%
    MEDIA1.39%CONSTRUCTION1.70%
    INVESTMENTS1.38%CONSULTANTS1.69%
    INTERNATIONAL1.32%CARE1.64%
    BUSINESS1.15%ASSOCIATES1.61%
    DESIGN1.12%GLOBAL1.59%
    PARTNERS0.99%J1.54%
    PRODUCTIONS0.98%MEDIA1.54%
    CONSULTANTS0.94%INVESTMENTS1.53%
    CONSTRUCTION0.91%PROPERTIES1.45%
    ASSOCIATES0.90%IT1.39%
    PROPERTIES0.85%M1.25%
    INVESTMENT0.83%ELECTRICAL1.20%
    IT0.81%BUILDING1.19%
    GROUP0.78%CAPITAL1.19%
    CO0.75%DEVELOPMENTS1.16%
    TRADE0.71%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied76,565260,135
    82990 - Other business support service activities not elsewhere classified19,32554,854
    99999 - Dormant Company15,06246,169
    70229 - Management consultancy activities other than financial management7,78234,970
    96090 - Other service activities not elsewhere classified7,27825,547
    62020 - Information technology consultancy activities5,86226,675
    74990 - Non-trading company3,79714,228
    74909 - Other professional, scientific and technical activities not elsewhere classified3,66517,715
    62090 - Other information technology service activities3,22012,516
    62012 - Business and domestic software development2,4519,104
    41100 - Development of building projects1,9449,271
    86900 - Other human health activities1,9029,203
    68209 - Other letting and operating of own or leased real estate1,8828,312
    56101 - Licensed restaurants1,7877,531
    69201 - Accounting and auditing activities1,7866,979
    47910 - Retail sale via mail order houses or via Internet1,7718,475
    64999 - Financial intermediation not elsewhere classified1,7395,160
    68100 - Buying and selling of own real estate1,7275,430
    90030 - Artistic creation1,4744,090
    68320 - Management of real estate on a fee or contract basis1,4385,249

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08632624 ALNERY NO. 3117 LIMITED 01 Aug 2013
    08632726 ALNERY NO. 3119 LIMITED 01 Aug 2013
    08633702 MANETAS UNIQUE LIMITED 01 Aug 2013
    08634770 MILLIONAIRE EXEC LIMITED 02 Aug 2013
    08635866 DATE PALM PRIMARY SCHOOL LTD 02 Aug 2013
    08636434 THE ALLEN & OVERY FOUNDATION 02 Aug 2013
    08636575 ORIGINAL GRILL LTD 05 Aug 2013
    08638585 ELBORN MANAGEMENT LTD 05 Aug 2013
    08638865 SPRING AND SPRING LIMITED 06 Aug 2013
    08639129 SELECT LEARNING (LONDON) LIMITED 06 Aug 2013
    08640661 VALETING AND DETAILING LIMITED 06 Aug 2013
    08641792 EASTSIDE7 LIMITED 07 Aug 2013
    08642351 ACUMUS LIMITED 08 Aug 2013
    08642975 SPLIT TREE PRODUCTIONS LTD. 08 Aug 2013
    08643223 A 101 SOLUTIONS (UK) LTD 08 Aug 2013
    08646670 AVIEMORE HILLINGTON 2013 GP LIMITED 12 Aug 2013
    08647872 BD ACCOUNTANT & CONSULTANT LTD 13 Aug 2013
    08648065 SYDM LTD 13 Aug 2013
    08648995 SHAH LETTING AGENT LTD 13 Aug 2013
    08649650 CONDUIT DATA SERVICES LIMITED 14 Aug 2013
    08650383 ADVICE SOLUTIONS TH 14 Aug 2013
    08650920 UK ELITE FACADES LIMITED 14 Aug 2013
    08650947 M TRADERS LTD 14 Aug 2013
    08651508 PRIME ENTERPRISE (UK) LTD 15 Aug 2013
    08651799 MADS LOUNGE LTD 15 Aug 2013

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