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Midlothian

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Midlothian when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Midlothian when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Midlothian when compared to any previous Q2.
  • June 2012 saw a new record in company registrations in Midlothian when compared to any previous June.
  • May 2012 saw a new record in company registrations in Midlothian when compared to any previous May.
  • April 2012 saw a new record in company registrations in Midlothian when compared to any previous April.
  • The first half of 2012 saw a new record in net growth in Midlothian when compared to any previous first half year.
  • The first half of 2012 was a record first half year for net growth in Midlothian when compared to any half year in history.
  • Q2 2012 saw a new record in net growth in Midlothian when compared to any previous Q2.
  • Q2 2012 was a record quarter for net growth in Midlothian when compared to any quarter in history.
  • April 2012 saw a new record in net growth in Midlothian when compared to any previous April.
  • April 2012 was a record month for net growth in Midlothian when compared to any month in history.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Midlothian when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Midlothian when compared to any half year in history.

    In the first half of 2012 a total of 2,988 companies were formed in Midlothian. This figure is 18.9% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Midlothian occurred in 2012 when a total of 2,988 were formed.

    Half Year (Jan-Jun)MidlothianUK
    20122,988253,150
    20112,512228,735
    % change18.9%10.7%
    Record Year2012 (2,988)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Midlothian when compared to any previous Q2.

    A total of 1,459 companies were registered in Midlothian during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 12.2% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)MidlothianUK
    20121,459121,659
    20111,300112,344
    % change12.2%8.3%
    Record Year 2012 (1,459) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2012525428506
    New companies in 2011412416472
    % change27.4%2.9%7.2%
    Record Year2012 (525)2012 (428)2012 (506)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 1,455 companies were dissolved in Midlothian. This figure is 28.6% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Midlothian occurred in 2009 when a total of 1,815 were closed.

    Half Year (Jan-Jun)MidlothianUK
    20121,455147,793
    20111,131162,310
    % change28.6%-8.9%
    Record Year2009 (1,815)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 667 companies were dissolved in Midlothian during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 21.5% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)MidlothianUK
    201266780,217
    201154971,324
    % change21.5%12.5%
    Record Year 2009 (1,203) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012144240283
    Closed companies in 2011115238196
    % change25.2%0.8%44%
    Record Year2010 (163)2009 (813)2009 (373)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in net growth in Midlothian when compared to any previous first half year.

    The first half of 2012 was a record first half year for net growth in Midlothian when compared to any half year in history.

    In the first half of 2012 the company register for Midlothian increased by 1,533 companies.

    Half Year (Jan-Jun)MidlothianUK
    20121,533105,357
    20111,38166,425
    Record Year2012 (1,533)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in net growth in Midlothian when compared to any previous Q2.

    Q2 2012 was a record quarter for net growth in Midlothian when compared to any quarter in history.

    Net company growth for Midlothian during the second quarter of 2012 (Apr 2012 - Jun 2012) was 792 companies.

    second quarter (Apr 2012 - Jun 2012)MidlothianUK
    201279241,442
    201175141,020
    Record Year 2012 (792) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

    Net Growth by Month
    AprilMayJune
    Net growth in 2012381188223
    Net growth in 2011297178276
    Record Year2012 (381)2007 (189)2011 (276)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Midlothian formed 1.2% of all UK companies. This is more than the 2011 figure of 1.1%.

    Half Year (Jan-Jun)Midlothian
    20121.2%
    20111.1%
    20101.0%
    20090.9%
    20080.9%
    Record Year (since 1960) 2001 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

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

    second quarter (Apr 2012 - Jun 2012)Midlothian
    20121.2%
    20111.2%
    20101.0%
    20090.8%
    20080.9%
    Record Year (since 1960) 2001 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20121.3%1.0%1.4%
    UK formation share in 20111.2%1.1%1.2%
    % change7.3%-9.8%14.5%
    Record Year1979 (9.6%)1964 (1.4%)1972 (1.6%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

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

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 42.5.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    21.7% of all director appointments in Midlothian in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Midlothian was in 1866 when 57.1% of all directors were female.

    25.8% of all director appointments in Midlothian in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    L.P.13.75%CONSULTING5.07%
    LP10.71%MANAGEMENT4.74%
    PARTNERS3.87%CONSULTANCY3.28%
    GROUP3.58%PROPERTY2.35%
    ACCESS3.36%TRADING2.10%
    MANAGEMENT2.13%DESIGN1.89%
    CONSULTING1.99%ENGINEERING1.87%
    EDINBURGH1.80%ASSOCIATES1.82%
    INVESTMENTS1.53%CONSULTANTS1.78%
    PARTNERSHIP1.38%CONSTRUCTION1.71%
    CAPITAL1.30%BUSINESS1.70%
    BUSINESS1.23%MEDIA1.69%
    (SCOTLAND)1.21%LONDON1.68%
    PROPERTY1.13%J1.57%
    CORPORATION1.11%GLOBAL1.51%
    TRADING1.11%INVESTMENTS1.48%
    CONSULTANCY1.08%IT1.42%
    TRADE1.07%CARE1.31%
    SCOTLAND1.07%PROPERTIES1.31%
    ENERGY0.97%M1.26%
    GLOBAL0.89%ELECTRICAL1.23%
    SALES0.70%BUILDING1.23%
    ASSOCIATES0.70%SECURITY1.19%
    GP0.68%S1.18%
    TECHNOLOGY0.67%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,602244,457
    7487 - Other business activities36047,029
    82990 - Other business support service activities not elsewhere classified32935,447
    70229 - Management consultancy activities other than financial management24520,390
    62020 - Information technology consultancy activities22815,280
    99999 - Dormant Company15226,088
    74909 - Other professional, scientific and technical activities not elsewhere classified12910,271
    74990 - Non-trading company1219,706
    96090 - Other service activities not elsewhere classified11914,220
    56103 - Take-away food shops and mobile food stands1103,169
    7414 - Business & management consultancy9810,978
    56101 - Licensed restaurants971,551
    62090 - Other information technology service activities828,258
    9999 - Dormant Company7716,469
    7499 - Non-trading company748,023
    7222 - Other software consultancy and supply676,356
    62012 - Business and domestic software development664,742
    5552 - Catering591,722
    41100 - Development of building projects525,149
    7260 - Other computer related activities516,456

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC423622 MICRO EMPIRE MEDIA LIMITED 08 May 2012
    SC424464 SQUARECAT.DIGITAL LIMITED 18 May 2012
    SC424743 INDIE INVESTMENTS LIMITED 23 May 2012
    SC423210 EXPORT & FINANCIAL CONSULTANTS LIMITED 02 May 2012
    SC423340 THE WHOLE THING (UK) LIMITED 03 May 2012
    SC424191 HIKMAH CAPITAL ANALYTICS LTD. 16 May 2012
    SC424403 SNOW FACTOR TRAINING LIMITED 18 May 2012
    SC423276 WAVERLEY WORKS LIMITED 02 May 2012
    SC423315 WHITEHILL WOODS LIMITED 03 May 2012
    SC423494 DH INTERIOR DESIGN LIMITED 04 May 2012
    SC423503 RANGERS FC ACQUISITIONS LIMITED 04 May 2012
    SC423539 LOSSTEK LIMITED 08 May 2012
    SC423655 ORPHIX PHARMA (UK) LIMITED 09 May 2012
    SO303932 ABINGWORTH GENERAL PARTNER VI LLP 09 May 2012
    SC423699 HRM PARTNERSHIP LIMITED 09 May 2012
    SC423780 COMMERCIAL HERITABLE LIMITED 10 May 2012
    SC424001 SOCIAL BITE LIMITED 14 May 2012
    SC424027 GILCHRIST PARTNERS LIMITED 14 May 2012
    SC424032 EDINBURGH ARTS LTD 14 May 2012
    SC424174 SUNNY SOCIAL ENTERPRISE LIMITED 16 May 2012
    SC424448 ABERDEEN ONLINE LIMITED 18 May 2012
    SC424461 NMWS CO SEC LIMITED 18 May 2012
    SC424535 WALKER ARCHITECTS LTD 22 May 2012
    SC424623 ROSLIMIL PROPERTIES LIMITED 22 May 2012
    SC424657 TEN ZERO SEVEN LTD 22 May 2012