London, Greater London
2013 Annual 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
- 2013 was a record year for company registrations in London when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in London when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in London when compared to any previous Q4.
- December 2013 saw a new record in company registrations in London when compared to any previous December.
- October 2013 saw a new record in company registrations in London when compared to any previous October.
- December 2013 saw a new record in company closures in London when compared to any previous December.
- October 2013 saw a new record in company closures in London when compared to any previous October.
Contents
New Company Registrations
-
Annual Data (2013)
2013 was a record year for company registrations in London when compared to any year in history.
A total of 134,621 companies were formed in London in 2013. This total is 8.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year London UK 2013 134,621 529,363 2012 124,359 491,893 2011 112,010 452,870 2010 95,735 400,358 2009 82,474 362,675 Record Year 2013 (134,621) 2013 (529,363) New Companies by Year
-
Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in London when compared to any previous second half year.
In the second half of 2013 a total of 66,354 companies were formed in London. This figure is 8.4% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in London occurred in 2013 when a total of 66,354 were formed.
Half Year (Jul-Dec) London UK 2013 66,354 259,931 2012 61,239 238,743 % change 8.4% 8.9% Record Year 2013 (66,354) 2013 (259,931) New Companies by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in London when compared to any previous Q4.
A total of 33,040 companies were registered in London during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 5.9% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) London UK 2013 33,040 127,247 2012 31,200 119,875 % change 5.9% 6.1% Record Year 2013 (33,040) 2013 (127,247) New Companies by Quarter
-
Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in London when compared to any previous December.
October 2013 saw a new record in company registrations in London when compared to any previous October.
New Companies by Month
October November December New companies in 2013 12,634 11,225 9,181 New companies in 2012 11,679 11,227 8,294 % change 8.2% 0.0% 10.7% Record Year 2013 (12,634) 2012 (11,227) 2013 (9,181)
Closed Companies (dissolved)
-
Annual Data (2013)
A total of 81,005 companies were dissolved in London in 2013. This total is 17.4% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year London UK 2013 81,005 332,213 2012 69,001 293,729 2011 72,425 314,524 2010 73,854 342,233 2009 114,224 533,789 Record Year 2009 (114,224) 2009 (533,789) Dissolved Companies by Year
-
Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 42,316 companies were dissolved in London. This figure is 25.1% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in London occurred in 2009 when a total of 46,880 were closed.
Half Year (Jul-Dec) London UK 2013 42,316 177,021 2012 33,827 145,935 % change 25.1% 21.3% Record Year 2009 (46,880) 2009 (244,544) Dissolved Companies by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
A total of 22,030 companies were dissolved in London during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 33.5% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) London UK 2013 22,030 90,851 2012 16,507 70,027 % change 33.5% 29.7% Record Year 2013 (22,030) 2013 (90,851) Dissolved Companies by Quarter
-
Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in London when compared to any previous December.
October 2013 saw a new record in company closures in London when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 8,546 6,348 7,136 Closed companies in 2012 7,901 4,939 3,667 % change 8.2% 28.5% 95% Record Year 2013 (8,546) 2011 (7,377) 2013 (7,136)
Net Company Growth
-
Annual Data (2013)
A total of 53,616 companies were added to the company register for London in 2013. This number represents growth of 39.8% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 1,742 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the London company register grew by 55,358 companies.
Year London UK 2013 53,616 197,150 2012 55,358 198,164 2011 39,585 138,346 2010 21,881 58,125 2009 -31,750 -171,114 Record Year 2012 (55,358) 2007 (237,353) Net Growth by Year
-
Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for London increased by 24,038 companies.
Half Year (Jul-Dec) London UK 2013 24,038 82,910 2012 27,412 92,808 Record Year 2012 (27,412) 2003 (117,772) Net Growth by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for London during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 11,010 companies.
fourth quarter (Oct 2013 - Dec 2013) London UK 2013 11,010 36,396 2012 14,693 49,848 Record Year 2012 (14,693) 2012 (49,848) Net Growth by Quarter
-
Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 4,088 4,877 2,045 Net growth in 2012 3,778 6,288 4,627 Record Year 2011 (5,341) 2012 (6,288) 2012 (4,627)
UK Company Share
-
Annual Data (2013)
In 2013 London formed 25.4% of all UK companies. This is an improvement on 2012 when London was responsible for 25.3% of all UK companies.
Year London 2013 25.4% 2012 25.3% 2011 24.7% 2010 23.9% 2009 22.7% Record Year (since 1960) 1998 (26.9%) Company Share by Year
-
Half Year Data (Jul-Dec 2013)
In the second half of 2013 London formed 25.5% of all UK companies. This is less than the 2012 figure of 25.7%.
Half Year (Jul-Dec) London 2013 25.5% 2012 25.7% 2011 25.1% 2010 24.6% 2009 23.3% Record Year (since 1960) 1998 (27.1%) Company Share by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, London formed 26.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) London 2013 26.0% 2012 26.0% 2011 25.8% 2010 25.5% 2009 23.7% Record Year (since 1960) 1998 (27.2%) Company Share by Quarter
-
Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 25.5% 26.0% 26.6% UK formation share in 2012 25.4% 26.5% 26.4% % change 0.5% -1.7% 0.7% Record Year 1909 (32.1%) 1929 (29.0%) 2010 (27.3%)
Director Age
-
Annual Data (2013)
The average age of a director in 2013 was 42.2.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.
Director Age by Year
-
Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 41.7.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.8%.
Director Age by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 41.5.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
-
Annual Data (2013)
The record year for female directors in London was 1940 when 100.0% of all directors were female.
The percentage of female directors in London in 2013 was 23.5%. The average for the UK during this time was 26.0%
Director Gender by Year
-
Half Year Data (Jul-Dec 2013)
The record second half year for female directors in London was 2012 when 23.5% of all directors were female.
23.3% of all director appointments in London in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
-
Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in London was in 2010 when 23.7% of all directors were female.
22.6% of all director appointments in London in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
-
Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.75% CONSULTING 5.22% LONDON 3.01% MANAGEMENT 4.72% MANAGEMENT 2.85% CONSULTANCY 3.45% TRADING 1.92% PROPERTY 2.59% CONSULTANCY 1.75% TRADING 2.08% CAPITAL 1.72% ENGINEERING 1.87% CO., 1.71% LONDON 1.86% GLOBAL 1.69% DESIGN 1.76% PROPERTY 1.45% CONSTRUCTION 1.73% INVESTMENTS 1.43% CARE 1.73% INTERNATIONAL 1.35% BUSINESS 1.71% MEDIA 1.34% CONSULTANTS 1.68% BUSINESS 1.12% GLOBAL 1.58% DESIGN 1.07% INVESTMENTS 1.56% PARTNERS 0.97% PROPERTIES 1.54% PRODUCTIONS 0.97% ASSOCIATES 1.53% PROPERTIES 0.94% J 1.51% CONSTRUCTION 0.93% MEDIA 1.50% CONSULTANTS 0.91% IT 1.35% ASSOCIATES 0.88% DEVELOPMENTS 1.23% INVESTMENT 0.84% M 1.23% GROUP 0.79% BUILDING 1.21% TRADE 0.75% ELECTRICAL 1.20% IT 0.75% CAPITAL 1.19% CO 0.74% ENERGY 1.14%
SIC Data
-
Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 78,614 266,814 82990 - Other business support service activities not elsewhere classified 20,051 55,342 99999 - Dormant Company 14,978 46,762 70229 - Management consultancy activities other than financial management 8,145 36,164 96090 - Other service activities not elsewhere classified 7,613 26,001 62020 - Information technology consultancy activities 6,131 27,183 74990 - Non-trading company 3,809 14,223 74909 - Other professional, scientific and technical activities not elsewhere classified 3,763 18,034 62090 - Other information technology service activities 3,254 12,511 62012 - Business and domestic software development 2,556 9,360 86900 - Other human health activities 2,035 9,543 68209 - Other letting and operating of own or leased real estate 1,976 8,733 41100 - Development of building projects 1,976 9,485 47910 - Retail sale via mail order houses or via Internet 1,889 8,879 69201 - Accounting and auditing activities 1,856 7,075 56101 - Licensed restaurants 1,831 7,685 68100 - Buying and selling of own real estate 1,830 5,656 64999 - Financial intermediation not elsewhere classified 1,752 5,309 90030 - Artistic creation 1,503 4,138 59111 - Motion picture production activities 1,467 2,933
Recent Companies
-
Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08712823 CS BUSINESS SOLUTIONS (UK) LTD 01 Oct 2013 08713196 FA BOUTIQUE LIMITED 01 Oct 2013 08714089 BUSINESS BEYOND BORDER LTD 01 Oct 2013 08714645 KINKAO THAI RESTAURANT LIMITED 02 Oct 2013 08715416 COVERCOUCH LTD 02 Oct 2013 OC388265 P W AND L MEDIA LLP 03 Oct 2013 08721326 A H & Z LAW ASSOCIATES LIMITED 07 Oct 2013 08721436 THE BUSINESS HUB CARDIFF LTD 07 Oct 2013 OC388336 TOWER CHAMBERS LLP 08 Oct 2013 08723810 AFTAHAN TUITION LIMITED 08 Oct 2013 08724472 SPICE GARDEN (HEACHAM) LTD 09 Oct 2013 08724754 GAB85 LTD 09 Oct 2013 08725319 XADU EDUCARE LIMITED 09 Oct 2013 08725911 AFTER SIX FASHION LTD 10 Oct 2013 08727209 DVSN LIMITED 10 Oct 2013 08727809 AQUANOVA USA LTD 10 Oct 2013 08728055 RELIANCE GROUP OF COMPANIES LIMITED 11 Oct 2013 08728188 IYAAD CONSULTANCY LIMITED 11 Oct 2013 08728725 RASEL & ASSOCIATES LIMITED 11 Oct 2013 08729733 FINDCHEAPFLIGHTS.BIZ LIMITED 11 Oct 2013 08730107 MOONTRENDS HOMES LTD 14 Oct 2013 08732448 CASTLE MEAT & CO. LTD 15 Oct 2013 08732658 BONHAMS ENTERPRISE LIMITED 15 Oct 2013 08735740 ONE TOWER HAMLETS LTD 17 Oct 2013 08736365 M WORKS LONDON LTD 17 Oct 2013
reports
Select a report from the list below: