London, Greater London
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in London when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in London when compared to any quarter in history.
- February 2014 saw a new record in company registrations in London when compared to any previous February.
- January 2014 saw a new record in company registrations in London when compared to any previous January.
- February 2014 saw a new record in company closures in London when compared to any previous February.
- January 2014 saw a new record in net growth in London when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in London when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in London when compared to any quarter in history.
A total of 37,971 companies were registered in London during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 11.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) London UK 2014 37,971 150,722 2013 33,999 134,802 % change 11.7% 11.8% Record Year 2014 (37,971) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in London when compared to any previous February.
January 2014 saw a new record in company registrations in London when compared to any previous January.
New Companies by Month
January February March New companies in 2014 11,886 12,844 13,241 New companies in 2013 10,987 11,801 11,211 % change 8.2% 8.8% 18.1% Record Year 2014 (11,886) 2014 (12,844) 2007 (13,856)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 20,519 companies were dissolved in London during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 4.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) London UK 2014 20,519 82,370 2013 19,608 77,914 % change 4.6% 5.7% Record Year 2009 (25,768) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in London when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 6,661 6,997 6,861 Closed companies in 2013 8,481 5,621 5,506 % change -21.5% 24.5% 25% Record Year 2013 (8,481) 2014 (6,997) 2009 (18,023)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for London during the first quarter of 2014 (Jan 2014 - Mar 2014) was 17,452 companies.
first quarter (Jan 2014 - Mar 2014) London UK 2014 17,452 68,352 2013 14,391 56,888 Record Year 2014 (17,452) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in London when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 5,225 5,847 6,380 Net growth in 2013 2,506 6,180 5,705 Record Year 2014 (5,225) 2013 (6,180) 2007 (9,043)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, London formed 25.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) London 2014 25.2% 2013 25.2% 2012 24.5% 2011 24.1% 2010 22.7% Record Year (since 1960) 1999 (27.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 25.3% 26.7% 23.8% UK formation share in 2013 25.0% 26.5% 24.2% % change 1.2% 0.5% -1.4% Record Year 1989 (28.1%) 1902 (42.9%) 1999 (28.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 43.3.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in London was in 2013 when 26.0% of all directors were female.
24.4% of all director appointments in London in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.69% CONSULTING 5.22% LONDON 3.08% MANAGEMENT 4.67% MANAGEMENT 2.86% CONSULTANCY 3.49% TRADING 1.96% PROPERTY 2.64% CO., 1.80% TRADING 2.05% CONSULTANCY 1.76% LONDON 1.88% GLOBAL 1.70% ENGINEERING 1.86% CAPITAL 1.68% CARE 1.79% INVESTMENTS 1.46% CONSTRUCTION 1.75% PROPERTY 1.43% DESIGN 1.75% INTERNATIONAL 1.32% CONSULTANTS 1.73% MEDIA 1.28% BUSINESS 1.71% BUSINESS 1.15% PROPERTIES 1.60% DESIGN 1.06% INVESTMENTS 1.60% PROPERTIES 1.03% GLOBAL 1.58% CONSTRUCTION 1.00% J 1.48% CONSULTANTS 0.97% ASSOCIATES 1.48% PRODUCTIONS 0.96% MEDIA 1.48% PARTNERS 0.96% IT 1.33% INVESTMENT 0.87% TRANSPORT 1.30% ASSOCIATES 0.85% DEVELOPMENTS 1.29% GROUP 0.84% BUILDING 1.24% CARE 0.78% M 1.21% TRADE 0.77% CAPITAL 1.20% CO 0.73% ELECTRICAL 1.19%
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 82,107 280,210 82990 - Other business support service activities not elsewhere classified 21,038 56,411 99999 - Dormant Company 14,580 47,084 70229 - Management consultancy activities other than financial management 8,604 37,882 96090 - Other service activities not elsewhere classified 8,004 26,700 62020 - Information technology consultancy activities 6,300 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 3,900 18,491 74990 - Non-trading company 3,648 14,135 62090 - Other information technology service activities 3,387 12,813 62012 - Business and domestic software development 2,621 9,509 86900 - Other human health activities 2,244 10,273 68209 - Other letting and operating of own or leased real estate 2,065 9,284 41100 - Development of building projects 2,063 9,855 47910 - Retail sale via mail order houses or via Internet 2,016 9,358 69201 - Accounting and auditing activities 1,922 7,313 56101 - Licensed restaurants 1,912 7,965 68100 - Buying and selling of own real estate 1,905 5,920 64999 - Financial intermediation not elsewhere classified 1,833 5,537 90030 - Artistic creation 1,573 4,340 59111 - Motion picture production activities 1,525 3,048
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08873430 EXOTIC INDIAN FOODS LTD 03 Feb 2014 08874380 NATURALS OF THE WORLD LTD 04 Feb 2014 08874735 REYOOZ LIMITED 04 Feb 2014 08877205 CENTRAL LONDON BUSINESS ACADEMY LIMITED 05 Feb 2014 08877512 MM ASSOCIATES LONDON LIMITED 05 Feb 2014 08878434 ARAFAT LONDON LIMITED 06 Feb 2014 08878547 MIR TECHNOLOGY LIMITED 06 Feb 2014 08879047 POPA BUILDERS LTD 06 Feb 2014 08879080 BRIGHT TIER CONSULTING LIMITED 06 Feb 2014 08880472 MATHURA TRANSPORT LTD 06 Feb 2014 08881633 SOMONIALS LIMITED 07 Feb 2014 08882686 LIJJA ENTERPRISE LTD 07 Feb 2014 08883847 CLASSCO UK LIMITED 10 Feb 2014 08884586 CHARIVAN & CHARLYN'S LTD 10 Feb 2014 08884691 JANELUTZU LTD 10 Feb 2014 08886061 LONDON LIFESTYLE LOUNGE LTD 11 Feb 2014 08893356 EAST LONDON LAW CHAMBERS LIMITED 13 Feb 2014 08894299 LUCKY SPICE LTD 13 Feb 2014 08895754 ZENITH LONDON LIMITED 14 Feb 2014 08895924 QAZEL LTD 14 Feb 2014 08896208 KENTON (UK) LTD 14 Feb 2014 08898600 MD PHARMA TECH MANAGEMENT LTD 17 Feb 2014 08899622 FOODISH LIMITED 18 Feb 2014 08900867 CANNON 2014 LIMITED 18 Feb 2014 08901363 TECH AT (UK) LTD 19 Feb 2014
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