Download PDF version

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
    SC418420 DEEP SEA CHIP SHOP LTD 02 Mar 2012
    SC418469 W E COYOTE LIMITED 02 Mar 2012
    SC418522 ECOSSE HOTELS LIMITED 05 Mar 2012
    SC418609 ENRICH ONLINE SERVICES LTD 05 Mar 2012
    SC418611 SCOTMID PENSION IP LIMITED 05 Mar 2012
    SC418618 ICHOR HOLDINGS LTD 05 Mar 2012
    SO303862 WIND ENERGY SCOTLAND LLP 22 Mar 2012
    SC419317 SPENCE AND SPENCE (SCOTLAND) LIMITED 13 Mar 2012
    SC419678 RIGNET UK HOLDINGS LIMITED 16 Mar 2012
    SC418285 MEDICAL AND COMMERCIAL OCCUPATIONAL HEALTH LIMITED 01 Mar 2012
    SC418369 CITY PARTNERSHIP NOMINEE LIMITED 02 Mar 2012
    SC418465 NORTHFORT ASSETS LIMITED 02 Mar 2012
    SC419899 SCOTTISH MASONIC HOMES LIMITED 20 Mar 2012
    SC420412 OAKBURN LTD 26 Mar 2012
    SC420578 VENDEBENE UK LIMITED 28 Mar 2012
    SC418312 PURE COSMETIC CLINICS LTD 01 Mar 2012
    SC418485 PANTO VILLAIN LTD. 02 Mar 2012
    SC418539 PORTUGUESE WISDOM LTD 05 Mar 2012
    SC418549 STEPHONA PROPERTIES LIMITED 05 Mar 2012
    SC418704 INTERACTIVE DIGITAL ENTERTAINMENT (UK) LIMITED 06 Mar 2012
    SC418732 VG GMSA LIMITED 06 Mar 2012
    SC418894 CEMEX SCOTTISH INVESTMENTS LIMITED 07 Mar 2012
    SO303846 CEQUISA LIMITED LIABILITY PARTNERSHIP 13 Mar 2012
    SO303852 LIVINGBRIDGE GENERAL PARTNER LLP 15 Mar 2012
    SO303867 HILTEC LLP 27 Mar 2012