London, Greater London
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in London when compared to any previous Q3.
- September 2014 saw a new record in company registrations in London when compared to any previous September.
- August 2014 saw a new record in company registrations in London when compared to any previous August.
- July 2014 saw a new record in company registrations in London when compared to any previous July.
- July 2014 saw a new record in company closures in London when compared to any previous July.
- August 2014 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 2014 when 25.6% of all directors were female.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in London when compared to any previous Q3.
A total of 35,460 companies were registered in London during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 6.4% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) London UK 2014 35,460 143,414 2013 33,314 132,684 % change 6.4% 8.1% Record Year 2014 (35,460) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in London when compared to any previous September.
August 2014 saw a new record in company registrations in London when compared to any previous August.
July 2014 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 2014 12,631 10,836 11,993 New companies in 2013 11,585 10,457 11,272 % change 9.0% 3.6% 6.4% Record Year 2014 (12,631) 2014 (10,836) 2014 (11,993)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 24,744 companies were dissolved in London during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 22.0% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) London UK 2014 24,744 101,670 2013 20,286 86,170 % change 22.0% 18.0% Record Year 2009 (27,310) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 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 2014 9,475 5,894 9,375 Closed companies in 2013 7,243 5,889 7,154 % change 30.8% 0.1% 31% Record Year 2014 (9,475) 2008 (12,695) 2009 (13,860)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for London during the third quarter of 2014 (Jul 2014 - Sep 2014) was 10,716 companies.
third quarter (Jul 2014 - Sep 2014) London UK 2014 10,716 41,744 2013 13,028 46,514 Record Year 2013 (13,028) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
August 2014 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 2014 3,156 4,942 2,618 Net growth in 2013 4,342 4,568 4,118 Record Year 2008 (4,846) 2014 (4,942) 2012 (4,726)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, London formed 24.7% of all UK companies.
third quarter (Jul 2014 - Sep 2014) London 2014 24.7% 2013 25.1% 2012 25.3% 2011 24.5% 2010 23.8% Record Year (since 1960) 1998 (27.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 24.8% 24.8% 24.5% UK formation share in 2013 25.1% 25.1% 25.1% % change -0.9% -1.2% -2.4% Record Year 1945 (28.1%) 1929 (30.2%) 1929 (30.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 41.8.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in London was in 2014 when 25.6% of all directors were female.
25.6% of all director appointments in London in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.54% CONSULTING 5.17% LONDON 3.15% MANAGEMENT 4.63% MANAGEMENT 2.71% CONSULTANCY 3.55% CO., 2.41% PROPERTY 2.62% TRADING 2.03% ENGINEERING 2.07% SOLAR 1.79% CONSTRUCTION 2.05% CONSULTANCY 1.73% TRADING 2.00% FARM 1.67% LONDON 1.95% CAPITAL 1.66% CARE 1.94% GLOBAL 1.64% TRANSPORT 1.76% PROPERTY 1.42% DESIGN 1.70% INTERNATIONAL 1.39% CONSULTANTS 1.70% INVESTMENTS 1.38% PROPERTIES 1.63% MEDIA 1.17% BUSINESS 1.62% BUSINESS 1.15% J 1.53% CONSTRUCTION 1.10% ELECTRICAL 1.53% PROPERTIES 1.05% GLOBAL 1.51% DESIGN 1.01% INVESTMENTS 1.50% CONSULTANTS 0.96% ASSOCIATES 1.48% PRODUCTIONS 0.89% MEDIA 1.38% GROUP 0.89% CO., 1.36% PARTNERS 0.87% DEVELOPMENTS 1.35% INVESTMENT 0.87% BUILDING 1.30% CARE 0.86% IT 1.30% ASSOCIATES 0.85% M 1.23%
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 81,935 278,481 82990 - Other business support service activities not elsewhere classified 22,488 57,264 99999 - Dormant Company 14,900 48,286 70229 - Management consultancy activities other than financial management 9,421 40,717 96090 - Other service activities not elsewhere classified 8,561 28,224 62020 - Information technology consultancy activities 6,860 29,313 74909 - Other professional, scientific and technical activities not elsewhere classified 3,943 18,890 74990 - Non-trading company 3,589 14,006 62090 - Other information technology service activities 3,423 12,795 62012 - Business and domestic software development 2,761 9,675 86900 - Other human health activities 2,605 11,807 68209 - Other letting and operating of own or leased real estate 2,353 10,361 47910 - Retail sale via mail order houses or via Internet 2,219 9,914 41100 - Development of building projects 2,210 10,604 68100 - Buying and selling of own real estate 2,137 6,595 69201 - Accounting and auditing activities 2,020 7,401 56101 - Licensed restaurants 1,990 8,546 64999 - Financial intermediation not elsewhere classified 1,910 5,857 90030 - Artistic creation 1,662 4,566 68320 - Management of real estate on a fee or contract basis 1,608 5,749
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09109404 SWEET CHILLI PEPPER LIMITED 01 Jul 2014 09109780 JCHK LTD 01 Jul 2014 09109834 ECSTASY FASHIONS LIMITED 01 Jul 2014 OC394036 SHARIF 2 ESTATES LLP 01 Jul 2014 09110161 STUDIO CHANCE STREET LIMITED 01 Jul 2014 09111081 AL HASSAN LTD 01 Jul 2014 OC394054 FLAT FARM PROPERTIES LLP 02 Jul 2014 09112505 JTR WEBS AND NETWORKS LTD 02 Jul 2014 09113050 GOM FONG WANG LIMITED 02 Jul 2014 09113132 BSFC LTD 02 Jul 2014 09113290 ZRS TRAINING LTD 02 Jul 2014 09115473 OCEANWIDE LIMITED 03 Jul 2014 09116322 BIRAH & CO LTD 04 Jul 2014 09116818 SUPA GARAGE LTD 04 Jul 2014 09118391 ORCHID CAPITAL ASSOCIATES LIMITED 07 Jul 2014 09118812 BAR.B.Q.TO-NITE LTD 07 Jul 2014 09119009 NASS TRAVELS LIMITED 07 Jul 2014 09120387 TINK ART LIMITED 08 Jul 2014 09120473 FORTUITY LTD 08 Jul 2014 09120855 WE I BABY LTD. 08 Jul 2014 09121490 MAYFAIR PROPERTIES INVESTMENT LIMITED 08 Jul 2014 09121702 EBIZA LTD 08 Jul 2014 09124187 BRAND INSCENTIVES LTD 10 Jul 2014 09126679 APOGEE (LONDON) LTD 11 Jul 2014 09128546 ALMAR TRADE LTD 14 Jul 2014
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