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Midlothian

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Midlothian when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Midlothian when compared to any quarter in history.
  • March 2012 saw a new record in company registrations in Midlothian when compared to any previous March.
  • March 2012 was a record month for company registrations in Midlothian when compared to any month in history.
  • February 2012 saw a new record in company registrations in Midlothian when compared to any previous February.
  • February 2012 was a record month for company registrations in Midlothian when compared to any month in history.
  • January 2012 saw a new record in company registrations in Midlothian when compared to any previous January.
  • Q1 2012 saw a new record in company closures in Midlothian when compared to any previous Q1.
  • January 2012 saw a new record in company closures in Midlothian when compared to any previous January.
  • Q1 2012 saw a new record in net growth in Midlothian when compared to any previous Q1.
  • March 2012 saw a new record in net growth in Midlothian when compared to any previous March.
  • March 2012 was a record month for net growth in Midlothian when compared to any month in history.
  • February 2012 saw a new record in net growth in Midlothian when compared to any previous February.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Midlothian when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Midlothian when compared to any quarter in history.

    A total of 1,529 companies were registered in Midlothian during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 26.2% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)MidlothianUK
    20121,529131,491
    20111,212116,391
    % change26.2%13.0%
    Record Year 2012 (1,529) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in company registrations in Midlothian when compared to any previous March.

    March 2012 was a record month for company registrations in Midlothian when compared to any month in history.

    February 2012 saw a new record in company registrations in Midlothian when compared to any previous February.

    February 2012 was a record month for company registrations in Midlothian when compared to any month in history.

    January 2012 saw a new record in company registrations in Midlothian when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012420536573
    New companies in 2011332410470
    % change26.5%30.7%21.9%
    Record Year2012 (420)2012 (536)2012 (573)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company closures in Midlothian when compared to any previous Q1.

    A total of 788 companies were dissolved in Midlothian during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 35.4% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)MidlothianUK
    201278867,576
    201158290,986
    % change35.4%-25.7%
    Record Year 2012 (788) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in company closures in Midlothian when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012271261256
    Closed companies in 2011232179171
    % change16.8%45.8%50%
    Record Year2012 (271)2009 (271)2010 (268)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in net growth in Midlothian when compared to any previous Q1.

    Net company growth for Midlothian during the first quarter of 2012 (Jan 2012 - Mar 2012) was 741 companies.

    first quarter (Jan 2012 - Mar 2012)MidlothianUK
    201274163,915
    201163025,405
    Record Year 2012 (741) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in net growth in Midlothian when compared to any previous March.

    March 2012 was a record month for net growth in Midlothian when compared to any month in history.

    February 2012 saw a new record in net growth in Midlothian when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012149275317
    Net growth in 2011100231299
    Record Year2007 (195)2012 (275)2012 (317)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Midlothian formed 1.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Midlothian
    20121.2%
    20111.0%
    20101.0%
    20090.9%
    20080.9%
    Record Year (since 1960) 1993 (1.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20121.1%1.2%1.2%
    UK formation share in 20111.0%1.1%1.0%
    % change8.5%11.8%14.0%
    Record Year1960 (1.6%)1993 (1.7%)1979 (13.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 42.6.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Midlothian was in 1861 when 40.0% of all directors were female.

    23.4% of all director appointments in Midlothian in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    L.P.14.27%CONSULTING5.07%
    LP9.04%MANAGEMENT4.74%
    PARTNERS4.01%CONSULTANCY3.30%
    GROUP3.59%PROPERTY2.37%
    ACCESS3.45%TRADING2.07%
    CONSULTING2.16%DESIGN1.93%
    MANAGEMENT2.11%ENGINEERING1.86%
    EDINBURGH1.82%ASSOCIATES1.84%
    INVESTMENTS1.56%CONSULTANTS1.79%
    PARTNERSHIP1.32%BUSINESS1.73%
    BUSINESS1.28%MEDIA1.72%
    CAPITAL1.24%CONSTRUCTION1.72%
    (SCOTLAND)1.20%LONDON1.66%
    CONSULTANCY1.19%J1.54%
    CORPORATION1.12%INVESTMENTS1.51%
    SCOTLAND1.06%GLOBAL1.50%
    GLOBAL1.04%IT1.40%
    TRADE1.04%CARE1.34%
    PROPERTY1.04%PROPERTIES1.31%
    ENERGY0.99%ELECTRICAL1.27%
    TRADING0.81%M1.27%
    (EDINBURGH)0.76%BUILDING1.24%
    GP0.75%ENERGY1.20%
    ASSOCIATES0.73%S1.20%
    SALES0.70%ENTERPRISES1.19%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied3,251216,665
    7487 - Other business activities40052,735
    82990 - Other business support service activities not elsewhere classified32235,233
    70229 - Management consultancy activities other than financial management21319,704
    62020 - Information technology consultancy activities20614,303
    99999 - Dormant Company13325,084
    96090 - Other service activities not elsewhere classified12013,637
    74990 - Non-trading company1169,729
    74909 - Other professional, scientific and technical activities not elsewhere classified1139,892
    7414 - Business & management consultancy10612,113
    56103 - Take-away food shops and mobile food stands922,902
    7499 - Non-trading company859,102
    9999 - Dormant Company8318,617
    56101 - Licensed restaurants811,885
    62090 - Other information technology service activities798,145
    7222 - Other software consultancy and supply766,934
    5552 - Catering691,960
    5530 - Restaurants594,633
    7260 - Other computer related activities557,154
    62012 - Business and domestic software development554,356

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC414856 THORNBOROUGH & CO. LTD 18 Jan 2012
    SC415644 ROUTE 2 RECRUITMENT LIMITED 27 Jan 2012
    SO303762 DYPRHOFON PRODUCTS EUROPE LLP 30 Jan 2012
    SO303763 A.M. & NAAN LLP 30 Jan 2012
    SC415733 CROEXX CLIFF INVESTMENTS LTD 30 Jan 2012
    SO303728 ROSTIX LLP 04 Jan 2012
    SC414428 CATERPILLAR TRAINING SCOTLAND LIMITED 12 Jan 2012
    SO303751 NESTON PARTNERS LLP 27 Jan 2012
    SC415591 LOCH ESK LIMITED 27 Jan 2012
    SC415829 SF 3085 LIMITED 31 Jan 2012
    SC415830 SF 3086 LIMITED 31 Jan 2012
    SC415831 SF 3088 LIMITED 31 Jan 2012
    SC413999 BD MASSAGE LIMITED 06 Jan 2012
    SC414084 BUCK-EVENTS LTD 09 Jan 2012
    SC414144 UNION TECHNOLOGY SCOTLAND LTD 09 Jan 2012
    SC414201 ROSENDALE WEALTH LTD. 10 Jan 2012
    SC414412 HRL 2 LIMITED 12 Jan 2012
    SC414469 MY-VIEW LIMITED 13 Jan 2012
    SO303744 CHIENE + TAIT LLP 17 Jan 2012
    SC414875 DEBT SOLVE SCOTLAND LTD 18 Jan 2012
    SC414903 THE SCOTTISH OIL CLUB 18 Jan 2012
    SO303748 MCEWAN FRASER LEGAL (SCOTLAND) LLP 23 Jan 2012
    SC415212 HJL CONTRACTORS LTD 23 Jan 2012
    SC415294 EAST RIVERSIDE (GP2) LIMITED 24 Jan 2012
    SC415295 OIL4ALL LIMITED 24 Jan 2012