London, Greater London
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in London when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in London when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in London when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in London when compared to any quarter in history.
- June 2014 saw a new record in company registrations in London when compared to any previous June.
- May 2014 saw a new record in company registrations in London when compared to any previous May.
- April 2014 saw a new record in company registrations in London when compared to any previous April.
- The first half of 2014 saw a new record in net growth in London when compared to any previous first half year.
- The first half of 2014 was a record first half year for net growth in London when compared to any half year in history.
- April 2014 saw a new record in net growth in London when compared to any previous April.
- April 2014 was a record month for net growth in London when compared to any month in history.
- The record first half year for female directors in London was 2014 when 23.9% of all directors were female.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in London when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in London when compared to any half year in history.
In the first half of 2014 a total of 76,008 companies were formed in London. This figure is 11.3% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in London occurred in 2014 when a total of 76,008 were formed.
Half Year (Jan-Jun) London UK 2014 76,008 300,731 2013 68,267 269,432 % change 11.3% 11.6% Record Year 2014 (76,008) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in London when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in London when compared to any quarter in history.
A total of 38,037 companies were registered in London during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 11.0% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) London UK 2014 38,037 150,009 2013 34,268 134,630 % change 11.0% 11.4% Record Year 2014 (38,037) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in London when compared to any previous June.
May 2014 saw a new record in company registrations in London when compared to any previous May.
April 2014 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 2014 13,818 12,270 11,949 New companies in 2013 12,194 11,466 10,608 % change 13.3% 7.0% 12.6% Record Year 2014 (13,818) 2014 (12,270) 2014 (11,949)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 43,654 companies were dissolved in London. This figure is 12.8% higher than last year, which compares well to the UK wide change of 14.2%.
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 2014 43,654 177,207 2013 38,689 155,192 % change 12.8% 14.2% Record Year 2009 (67,344) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 23,135 companies were dissolved in London during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 21.2% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) London UK 2014 23,135 94,837 2013 19,081 77,278 % change 21.2% 22.7% Record Year 2009 (41,576) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 4,771 10,157 8,207 Closed companies in 2013 6,759 5,477 6,845 % change -29.4% 85.4% 20% Record Year 2009 (13,685) 2009 (18,292) 2009 (9,599)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in net growth in London when compared to any previous first half year.
The first half of 2014 was a record first half year for net growth in London when compared to any half year in history.
In the first half of 2014 the company register for London increased by 32,354 companies.
Half Year (Jan-Jun) London UK 2014 32,354 123,524 2013 29,578 114,240 Record Year 2014 (32,354) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for London during the second quarter of 2014 (Apr 2014 - Jun 2014) was 14,902 companies.
second quarter (Apr 2014 - Jun 2014) London UK 2014 14,902 55,172 2013 15,187 57,352 Record Year 2013 (15,187) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in London when compared to any previous April.
April 2014 was a record month for net growth in London when compared to any month in history.
Net Growth by Month
April May June Net growth in 2014 9,047 2,113 3,742 Net growth in 2013 5,435 5,989 3,763 Record Year 2014 (9,047) 2013 (5,989) 2008 (5,782)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 London formed 25.3% of all UK companies. This is the same as the 2013 figure of 25.3%.
Half Year (Jan-Jun) London 2014 25.3% 2013 25.3% 2012 24.9% 2011 24.3% 2010 23.2% Record Year (since 1960) 1999 (27.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, London formed 25.4% of all UK companies.
second quarter (Apr 2014 - Jun 2014) London 2014 25.4% 2013 25.5% 2012 25.4% 2011 24.6% 2010 23.8% Record Year (since 1960) 1999 (27.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 25.6% 25.3% 25.2% UK formation share in 2013 25.0% 25.6% 25.8% % change 2.2% -1.2% -2.4% Record Year 1994 (26.5%) 1999 (28.7%) 1912 (35.9%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.6.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 41.9.
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 3.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in London was 2014 when 23.9% of all directors were female.
23.9% of all director appointments in London in the first half of 2014 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 2014)
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 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.58% CONSULTING 5.16% LONDON 3.11% MANAGEMENT 4.64% MANAGEMENT 2.76% CONSULTANCY 3.50% CO., 2.14% PROPERTY 2.66% TRADING 2.03% TRADING 2.03% SOLAR 1.83% ENGINEERING 1.99% CONSULTANCY 1.73% CONSTRUCTION 1.93% FARM 1.70% LONDON 1.93% CAPITAL 1.64% CARE 1.85% GLOBAL 1.64% DESIGN 1.75% PROPERTY 1.42% CONSULTANTS 1.73% INVESTMENTS 1.39% BUSINESS 1.69% INTERNATIONAL 1.37% PROPERTIES 1.63% MEDIA 1.23% TRANSPORT 1.58% BUSINESS 1.18% GLOBAL 1.55% DESIGN 1.06% INVESTMENTS 1.55% PROPERTIES 1.05% J 1.51% CONSTRUCTION 1.05% ASSOCIATES 1.48% CONSULTANTS 0.97% MEDIA 1.44% PARTNERS 0.90% ELECTRICAL 1.40% PRODUCTIONS 0.90% IT 1.33% ASSOCIATES 0.89% DEVELOPMENTS 1.33% GROUP 0.86% BUILDING 1.26% INVESTMENT 0.85% M 1.24% CARE 0.80% CO., 1.20%
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 77,650 261,557 82990 - Other business support service activities not elsewhere classified 21,798 57,421 99999 - Dormant Company 14,903 48,436 70229 - Management consultancy activities other than financial management 9,289 40,250 96090 - Other service activities not elsewhere classified 8,607 28,352 62020 - Information technology consultancy activities 6,696 29,029 74909 - Other professional, scientific and technical activities not elsewhere classified 4,002 19,058 74990 - Non-trading company 3,730 14,351 62090 - Other information technology service activities 3,464 13,024 62012 - Business and domestic software development 2,789 9,834 86900 - Other human health activities 2,483 11,292 68209 - Other letting and operating of own or leased real estate 2,310 10,133 41100 - Development of building projects 2,229 10,527 47910 - Retail sale via mail order houses or via Internet 2,201 9,900 68100 - Buying and selling of own real estate 2,085 6,413 69201 - Accounting and auditing activities 2,027 7,415 56101 - Licensed restaurants 2,026 8,585 64999 - Financial intermediation not elsewhere classified 1,916 5,836 90030 - Artistic creation 1,653 4,548 68320 - Management of real estate on a fee or contract basis 1,600 5,731
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08970434 MADE IN CHINA LIMITED 01 Apr 2014 08971559 THE LONDON LIDO PROJECT LTD 01 Apr 2014 08972146 CAUCASUS MINERALS LIMITED 02 Apr 2014 08972304 CHASE ALLIANCE LTD 02 Apr 2014 08973045 INFOSEC10 LIMITED 02 Apr 2014 08974001 HEXHAM COMMUNICATIONS LTD 02 Apr 2014 08974518 SSBA COMMUNITY ENTERPRISES LTD 02 Apr 2014 08975602 AGP ACCOUNTANTS LTD 03 Apr 2014 08976002 RAYAN TRAVEL LONDON LTD 03 Apr 2014 08978218 ANGERA CORPORATE ONE LIMITED 04 Apr 2014 08981509 JEROME CORPORATION LIMITED 07 Apr 2014 08982064 ZAMAN ELECTRONICS & ENGINEERING LTD 07 Apr 2014 08983784 WORLDSEND LONDON LIMITED 08 Apr 2014 08984059 F & S LONDON LTD 08 Apr 2014 08985467 STRAPLINE LIMITED 08 Apr 2014 08986651 JO SHANNON LIMITED 08 Apr 2014 08986925 DATT GUNTHORPE LTD 09 Apr 2014 08989516 MONTROX MARKETING SOLUTIONS LIMITED 10 Apr 2014 08989819 SUNIL JAMAN ASSOCIATES LTD 10 Apr 2014 08989925 CHUTNEY PALATE LIMITED 10 Apr 2014 08991857 HPUT NOMINEE NO. 1 LIMITED 11 Apr 2014 08991973 HPUT NOMINEE NO. 2 LIMITED 11 Apr 2014 08992096 ANAM SMART PRODUCTS LIMITED 11 Apr 2014 08992787 DESERT FLOWER FOUNDATION 11 Apr 2014 08994472 FIRM FRESH LIMITED 14 Apr 2014
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