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
New Company Registrations
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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.
Year Midlothian UK 2012 6,049 491,893 2011 5,183 452,870 2010 4,196 400,358 2009 3,473 362,675 2008 3,320 349,203 Record Year 2012 (6,049) 2012 (491,893) New Companies by Year
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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) Midlothian UK 2012 3,061 238,743 2011 2,671 224,135 % change 14.6% 6.5% Record Year 2012 (3,061) 2012 (238,743) New Companies by Half Year
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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) Midlothian UK 2012 1,701 119,875 2011 1,294 109,623 % change 31.5% 9.4% Record Year 2012 (1,701) 2012 (119,875) New Companies by Quarter
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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
October November December New companies in 2012 602 580 519 New companies in 2011 459 469 366 % change 31.2% 23.7% 41.8% Record Year 2012 (602) 2012 (580) 2012 (519)
Closed Companies (dissolved)
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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.
Year Midlothian UK 2012 2,776 293,728 2011 2,541 314,524 2010 3,339 342,233 2009 3,142 533,787 2008 1,871 237,873 Record Year 2010 (3,339) 2009 (533,787) Dissolved Companies by Year
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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) Midlothian UK 2012 1,321 145,934 2011 1,410 152,213 % change -6.3% -4.1% Record Year 2010 (1,632) 2009 (244,543) Dissolved Companies by Half Year
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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) Midlothian UK 2012 604 70,026 2011 728 79,983 % change -17.0% -12.4% Record Year 2010 (919) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 168 215 221 Closed companies in 2011 204 275 249 % change -17.6% -21.8% -11% Record Year 2008 (556) 2011 (275) 2010 (300)
Net Company Growth
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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.
Year Midlothian UK 2012 3,273 198,165 2011 2,642 138,346 2010 857 58,125 2009 331 -171,112 2008 1,449 111,330 Record Year 2012 (3,273) 2003 (242,541) Net Growth by Year
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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) Midlothian UK 2012 1,740 92,809 2011 1,261 71,922 Record Year 2012 (1,740) 2003 (117,772) Net Growth by Half Year
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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) Midlothian UK 2012 1,097 49,849 2011 566 29,640 Record Year 2012 (1,097) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2012 434 365 298 Net growth in 2011 255 194 117 Record Year 2012 (434) 2012 (365) 2012 (298)
UK Company Share
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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.
Year Midlothian 2012 1.2% 2011 1.1% 2010 1.0% 2009 1.0% 2008 1.0% Record Year (since 1960) 2012 (1.2%) Company Share by Year
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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 2012 1.3% 2011 1.2% 2010 1.1% 2009 1.0% 2008 1.0% Record Year (since 1960) 2012 (1.3%) Company Share by Half Year
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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 2012 1.4% 2011 1.2% 2010 1.0% 2009 1.1% 2008 0.9% 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.
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 1.3% 1.4% 1.7% UK formation share in 2011 1.2% 1.2% 1.2% % change 10.2% 17.7% 38.0% Record Year 1985 (3.4%) 1989 (1.4%) 1967 (2.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 14.16% CONSULTING 5.15% L.P. 12.26% MANAGEMENT 4.78% MANAGEMENT 2.23% CONSULTANCY 3.31% EDINBURGH 1.88% PROPERTY 2.40% CONSULTING 1.85% TRADING 2.03% INVESTMENTS 1.76% DESIGN 1.86% CAPITAL 1.76% ASSOCIATES 1.82% CORPORATION 1.73% ENGINEERING 1.79% TRADING 1.32% BUSINESS 1.76% PARTNERSHIP 1.27% CONSULTANTS 1.75% (SCOTLAND) 1.23% CONSTRUCTION 1.69% GLOBAL 1.14% LONDON 1.69% TRADE 1.12% MEDIA 1.69% SCOTLAND 1.08% GLOBAL 1.59% BUSINESS 1.06% J 1.57% PROPERTY 1.02% INVESTMENTS 1.46% CONSULTANCY 1.00% IT 1.43% TECHNOLOGY 0.91% CARE 1.39% GP 0.85% PROPERTIES 1.34% ALLIANCE 0.77% M 1.26% ENTERPRISES 0.73% BUILDING 1.23% ENERGY 0.70% ENTERPRISES 1.21% PARTNERS 0.70% TRAINING 1.18% IMPEX 0.70% ELECTRICAL 1.17% SALES 0.68% SECURITY 1.17%
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 4,081 236,139 82990 - Other business support service activities not elsewhere classified 455 52,427 70229 - Management consultancy activities other than financial management 349 30,396 62020 - Information technology consultancy activities 313 23,256 99999 - Dormant Company 222 40,648 74909 - Other professional, scientific and technical activities not elsewhere classified 201 15,572 74990 - Non-trading company 156 13,808 56103 - Take-away food shops and mobile food stands 155 5,132 96090 - Other service activities not elsewhere classified 136 22,058 56101 - Licensed restaurants 134 6,400 62090 - Other information technology service activities 116 12,291 7487 - Other business activities 100 10,703 62012 - Business and domestic software development 94 7,446 68100 - Buying and selling of own real estate 79 4,752 68209 - Other letting and operating of own or leased real estate 73 6,971 41100 - Development of building projects 69 7,980 86900 - Other human health activities 64 7,866 64999 - Financial intermediation not elsewhere classified 62 4,537 69201 - Accounting and auditing activities 54 6,177 35110 - Production of electricity 54 1,611
Recent Companies
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Randomly selected companies from this quarter
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