Midlothian

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Midlothian when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Midlothian when compared to any previous second half year.
  • The second half of 2012 was a record second half year for company registrations in Midlothian when compared to any half year in history.
  • Q4 2012 saw a new record in company registrations in Midlothian when compared to any previous Q4.
  • Q4 2012 was a record quarter for company registrations in Midlothian when compared to any quarter in history.
  • December 2012 saw a new record in company registrations in Midlothian when compared to any previous December.
  • November 2012 saw a new record in company registrations in Midlothian when compared to any previous November.
  • October 2012 saw a new record in company registrations in Midlothian when compared to any previous October.
  • October 2012 was a record month for company registrations in Midlothian when compared to any month in history.
  • 2012 was a record year for net growth in Midlothian when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Midlothian when compared to any previous second half year.
  • The second half of 2012 was a record second half year for net growth in Midlothian when compared to any half year in history.
  • Q4 2012 saw a new record in net growth in Midlothian when compared to any previous Q4.
  • Q4 2012 was a record quarter for net growth in Midlothian when compared to any quarter in history.
  • December 2012 saw a new record in net growth in Midlothian when compared to any previous December.
  • November 2012 saw a new record in net growth in Midlothian when compared to any previous November.
  • October 2012 saw a new record in net growth in Midlothian when compared to any previous October.
  • October 2012 was a record month for net growth in Midlothian when compared to any month in history.
  • 2012 was a record year for UK company share in Midlothian when compared to any year in history.
  • The second half of 2012 saw a new record in UK company share in Midlothian when compared to any previous second half year.
  • Q4 2012 saw a new record in UK company share in Midlothian when compared to any previous Q4.
  • Q4 2012 was a record quarter for UK company share in Midlothian when compared to any quarter 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. Annual Data (2012)

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

    A total of 6,049 companies were formed in Midlothian in 2012. This total is 16.7% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearMidlothianUK
    20126,049491,893
    20115,183452,870
    20104,196400,358
    20093,473362,675
    20083,320349,203
    Record Year2012 (6,049)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

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

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

    In the second half of 2012 a total of 3,061 companies were formed in Midlothian. This figure is 14.6% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Midlothian occurred in 2012 when a total of 3,061 were formed.

    Half Year (Jul-Dec)MidlothianUK
    20123,061238,743
    20112,671224,135
    % change14.6%6.5%
    Record Year2012 (3,061)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Midlothian when compared to any previous Q4.

    Q4 2012 was a record quarter for company registrations in Midlothian when compared to any quarter in history.

    A total of 1,701 companies were registered in Midlothian during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 31.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)MidlothianUK
    20121,701119,875
    20111,294109,623
    % change31.5%9.4%
    Record Year 2012 (1,701) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012602580519
    New companies in 2011459469366
    % change31.2%23.7%41.8%
    Record Year2012 (602)2012 (580)2012 (519)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 2,776 companies were dissolved in Midlothian in 2012. This total is 9.2% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearMidlothianUK
    20122,776293,728
    20112,541314,524
    20103,339342,233
    20093,142533,787
    20081,871237,873
    Record Year2010 (3,339)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 1,321 companies were dissolved in Midlothian. This figure is 6.3% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Midlothian occurred in 2010 when a total of 1,632 were closed.

    Half Year (Jul-Dec)MidlothianUK
    20121,321145,934
    20111,410152,213
    % change-6.3%-4.1%
    Record Year2010 (1,632)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 604 companies were dissolved in Midlothian during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 17.0% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)MidlothianUK
    201260470,026
    201172879,983
    % change-17.0%-12.4%
    Record Year 2010 (919) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012168215221
    Closed companies in 2011204275249
    % change-17.6%-21.8%-11%
    Record Year2008 (556)2011 (275)2010 (300)

Net Company Growth

  1. Annual Data (2012)

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

    A total of 3,273 companies were added to the company register for Midlothian in 2012. This number represents growth of 63.1% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 631 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Midlothian company register grew by 3,273 companies.

    YearMidlothianUK
    20123,273198,165
    20112,642138,346
    201085758,125
    2009331-171,112
    20081,449111,330
    Record Year2012 (3,273)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

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

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

    In the second half of 2012 the company register for Midlothian increased by 1,740 companies.

    Half Year (Jul-Dec)MidlothianUK
    20121,74092,809
    20111,26171,922
    Record Year2012 (1,740)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in net growth in Midlothian when compared to any previous Q4.

    Q4 2012 was a record quarter for net growth in Midlothian when compared to any quarter in history.

    Net company growth for Midlothian during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,097 companies.

    fourth quarter (Oct 2012 - Dec 2012)MidlothianUK
    20121,09749,849
    201156629,640
    Record Year 2012 (1,097) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012434365298
    Net growth in 2011255194117
    Record Year2012 (434)2012 (365)2012 (298)

UK Company Share

  1. Annual Data (2012)

    2012 was a record year for UK company share in Midlothian when compared to any year in history.

    In 2012 Midlothian formed 1.2% of all UK companies. This is an improvement on 2011 when Midlothian was responsible for 1.1% of all UK companies.

    YearMidlothian
    20121.2%
    20111.1%
    20101.0%
    20091.0%
    20081.0%
    Record Year (since 1960)2012 (1.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in UK company share in Midlothian when compared to any previous second half year.

    In the second half of 2012 Midlothian formed 1.3% of all UK companies. This is more than the 2011 figure of 1.2%.

    Half Year (Jul-Dec)Midlothian
    20121.3%
    20111.2%
    20101.1%
    20091.0%
    20081.0%
    Record Year (since 1960) 2012 (1.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Midlothian formed 1.4% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Midlothian
    20121.4%
    20111.2%
    20101.0%
    20091.1%
    20080.9%
    Record Year (since 1960) 2012 (1.4%)
    Company Share by Quarter

    Q4 2012 saw a new record in UK company share in Midlothian when compared to any previous Q4.

    Q4 2012 was a record quarter for UK company share in Midlothian when compared to any quarter in history.

  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20121.3%1.4%1.7%
    UK formation share in 20111.2%1.2%1.2%
    % change10.2%17.7%38.0%
    Record Year1985 (3.4%)1989 (1.4%)1967 (2.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.4.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.1.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Midlothian was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Midlothian in 2012 was 27.6%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Midlothian was 1860 when 42.9% of all directors were female.

    24.1% of all director appointments in Midlothian in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Midlothian was in 1977 when 31.2% of all directors were female.

    23.7% of all director appointments in Midlothian in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LP14.16%CONSULTING5.15%
    L.P.12.26%MANAGEMENT4.78%
    MANAGEMENT2.23%CONSULTANCY3.31%
    EDINBURGH1.88%PROPERTY2.40%
    CONSULTING1.85%TRADING2.03%
    INVESTMENTS1.76%DESIGN1.86%
    CAPITAL1.76%ASSOCIATES1.82%
    CORPORATION1.73%ENGINEERING1.79%
    TRADING1.32%BUSINESS1.76%
    PARTNERSHIP1.27%CONSULTANTS1.75%
    (SCOTLAND)1.23%CONSTRUCTION1.69%
    GLOBAL1.14%LONDON1.69%
    TRADE1.12%MEDIA1.69%
    SCOTLAND1.08%GLOBAL1.59%
    BUSINESS1.06%J1.57%
    PROPERTY1.02%INVESTMENTS1.46%
    CONSULTANCY1.00%IT1.43%
    TECHNOLOGY0.91%CARE1.39%
    GP0.85%PROPERTIES1.34%
    ALLIANCE0.77%M1.26%
    ENTERPRISES0.73%BUILDING1.23%
    ENERGY0.70%ENTERPRISES1.21%
    PARTNERS0.70%TRAINING1.18%
    IMPEX0.70%ELECTRICAL1.17%
    SALES0.68%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,081236,139
    82990 - Other business support service activities not elsewhere classified45552,427
    70229 - Management consultancy activities other than financial management34930,396
    62020 - Information technology consultancy activities31323,256
    99999 - Dormant Company22240,648
    74909 - Other professional, scientific and technical activities not elsewhere classified20115,572
    74990 - Non-trading company15613,808
    56103 - Take-away food shops and mobile food stands1555,132
    96090 - Other service activities not elsewhere classified13622,058
    56101 - Licensed restaurants1346,400
    62090 - Other information technology service activities11612,291
    7487 - Other business activities10010,703
    62012 - Business and domestic software development947,446
    68100 - Buying and selling of own real estate794,752
    68209 - Other letting and operating of own or leased real estate736,971
    41100 - Development of building projects697,980
    86900 - Other human health activities647,866
    64999 - Financial intermediation not elsewhere classified624,537
    69201 - Accounting and auditing activities546,177
    35110 - Production of electricity541,611

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC437050 CAPITAL COAL HOLDINGS LIMITED 16 Nov 2012
    SC437177 BLAIR MEDIA LTD 19 Nov 2012
    SC437388 CHRISTOPHER SMITH INC LTD 22 Nov 2012
    SC437861 CLOSE4 LTD 29 Nov 2012
    SC435957 REMADE IN EDINBURGH 01 Nov 2012
    SC436159 GROWTH ADVISERS & INVESTORS LTD. 05 Nov 2012
    SC436357 CSG GLASGOW LIMITED 07 Nov 2012
    SC436817 BUSINESS FOR CHANGE EVENTS LTD 14 Nov 2012
    SC437143 PEEBLES COURTHOUSE ENTERPRISE LIMITED 19 Nov 2012
    SC437197 RENEWABLE INVESTMENT RISK LIMITED 20 Nov 2012
    SC437329 EDINBURGH GROSVENOR LTD 21 Nov 2012
    SC437839 CURL 22 LIMITED 28 Nov 2012
    SC437985 EPIDAREX CAPITAL PARTNERS LIMITED 30 Nov 2012
    SC435918 TEN EVENTS LIMITED 01 Nov 2012
    SC436012 BIZ ADVERTISING AND DISTRIBUTION LTD 02 Nov 2012
    SO304148 AUGUST EQUITY PARTNERS GP LLP 02 Nov 2012
    SC436133 FIFE VENUE LTD 05 Nov 2012
    SC436140 AUGUST EQUITY PARTNERS III EXECUTIVES GP LIMITED 05 Nov 2012
    SC436234 AMEYA (EUROPE) LIMITED 06 Nov 2012
    SC436269 CITY CAPITAL MINING LTD 06 Nov 2012
    SC436319 THE MEWS COMPANY EDINBURGH LTD 07 Nov 2012
    SL011696 BIRNAM VILLA LP 08 Nov 2012
    SC436452 EVERGREEN PROPERTY LTD 08 Nov 2012
    SC436558 HOME STREET MANAGEMENT LTD. 09 Nov 2012
    SC436752 OROCCO LIMITED 13 Nov 2012