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
New Company Registrations
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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) London UK 2013 33,314 132,684 2012 30,039 118,868 % change 10.9% 11.6% Record Year 2013 (33,314) 2013 (132,684) New Companies by Quarter
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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
July August September New companies in 2013 11,585 10,457 11,272 New companies in 2012 10,877 9,317 9,845 % change 6.5% 12.2% 14.5% Record Year 2013 (11,585) 2013 (10,457) 2013 (11,272)
Closed Companies (dissolved)
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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) London UK 2013 20,286 86,170 2012 17,320 75,908 % change 17.1% 13.5% Record Year 2009 (27,310) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2013 7,243 5,889 7,154 Closed companies in 2012 6,083 6,118 5,119 % change 19.1% -3.7% 40% Record Year 2013 (7,243) 2008 (12,695) 2009 (13,860)
Net Company Growth
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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) London UK 2013 13,028 46,514 2012 12,719 42,960 Record Year 2013 (13,028) 2013 (46,514) Net Growth by Quarter
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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
July August September Net growth in 2013 4,342 4,568 4,118 Net growth in 2012 4,794 3,199 4,726 Record Year 2008 (4,846) 2013 (4,568) 2012 (4,726)
UK Company Share
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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 2013 25.1% 2012 25.3% 2011 24.5% 2010 23.8% 2009 22.9% Record Year (since 1960) 1998 (27.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 25.1% 25.1% 25.1% UK formation share in 2012 26.3% 24.4% 25.0% % change -4.7% 3.0% 0.4% Record Year 1945 (28.1%) 1929 (30.2%) 1929 (30.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 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 5.27% LONDON 2.87% MANAGEMENT 4.75% MANAGEMENT 2.86% CONSULTANCY 3.45% TRADING 1.90% PROPERTY 2.53% CONSULTANCY 1.80% TRADING 2.08% GLOBAL 1.75% ENGINEERING 1.83% CAPITAL 1.67% LONDON 1.79% CO., 1.54% DESIGN 1.78% PROPERTY 1.46% BUSINESS 1.74% MEDIA 1.39% CONSTRUCTION 1.70% INVESTMENTS 1.38% CONSULTANTS 1.69% INTERNATIONAL 1.32% CARE 1.64% BUSINESS 1.15% ASSOCIATES 1.61% DESIGN 1.12% GLOBAL 1.59% PARTNERS 0.99% J 1.54% PRODUCTIONS 0.98% MEDIA 1.54% CONSULTANTS 0.94% INVESTMENTS 1.53% CONSTRUCTION 0.91% PROPERTIES 1.45% ASSOCIATES 0.90% IT 1.39% PROPERTIES 0.85% M 1.25% INVESTMENT 0.83% ELECTRICAL 1.20% IT 0.81% BUILDING 1.19% GROUP 0.78% CAPITAL 1.19% CO 0.75% DEVELOPMENTS 1.16% TRADE 0.71% TRAINING 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 76,565 260,135 82990 - Other business support service activities not elsewhere classified 19,325 54,854 99999 - Dormant Company 15,062 46,169 70229 - Management consultancy activities other than financial management 7,782 34,970 96090 - Other service activities not elsewhere classified 7,278 25,547 62020 - Information technology consultancy activities 5,862 26,675 74990 - Non-trading company 3,797 14,228 74909 - Other professional, scientific and technical activities not elsewhere classified 3,665 17,715 62090 - Other information technology service activities 3,220 12,516 62012 - Business and domestic software development 2,451 9,104 41100 - Development of building projects 1,944 9,271 86900 - Other human health activities 1,902 9,203 68209 - Other letting and operating of own or leased real estate 1,882 8,312 56101 - Licensed restaurants 1,787 7,531 69201 - Accounting and auditing activities 1,786 6,979 47910 - Retail sale via mail order houses or via Internet 1,771 8,475 64999 - Financial intermediation not elsewhere classified 1,739 5,160 68100 - Buying and selling of own real estate 1,727 5,430 90030 - Artistic creation 1,474 4,090 68320 - Management of real estate on a fee or contract basis 1,438 5,249
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08633346 GATEWAY FUSION LIMITED 01 Aug 2013 08634770 MILLIONAIRE EXEC LIMITED 02 Aug 2013 08635866 DATE PALM PRIMARY SCHOOL LTD 02 Aug 2013 08638697 F J BEGUM CONSULTANCY LIMITED 06 Aug 2013 08638865 SPRING AND SPRING LIMITED 06 Aug 2013 08639035 BEST PRODUCE LTD 06 Aug 2013 08639622 ARIANA (UK) LIMITED 06 Aug 2013 08640593 AL-AMIN WELFARE TRUST LIMITED 06 Aug 2013 08640763 THE URBAN CHOCOLATIER LIMITED 06 Aug 2013 08642351 ACUMUS LIMITED 08 Aug 2013 08642781 AQUATEACH LIMITED 08 Aug 2013 08644522 CARCAMDEPOT LIMITED 09 Aug 2013 08644763 EAGLE EYE PROPERTY MANAGEMENT LTD 09 Aug 2013 08645860 CLAIRAN LIMITED 12 Aug 2013 08647321 AMINCO INVESTMENTS LTD 12 Aug 2013 08647670 20 HERMON HILL MANAGEMENT COMPANY LTD 13 Aug 2013 08648366 AM ITALIAN LTD 13 Aug 2013 08649124 PROLEX TRADING LIMITED 13 Aug 2013 08650920 UK ELITE FACADES LIMITED 14 Aug 2013 08650947 M TRADERS LTD 14 Aug 2013 08651176 GATEWAY MINICABS LIMITED 14 Aug 2013 08651508 PRIME ENTERPRISE (UK) LTD 15 Aug 2013 08652236 KAZURI MINDS C.I.C. 15 Aug 2013 08652568 PECOS COMMUNICATIONS LIMITED 15 Aug 2013 08652654 IDEAL COMMERCIAL SERVICE LTD 15 Aug 2013
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