Midlothian
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Midlothian when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Midlothian when compared to any previous second half year.
- 2013 was a record year for net growth in Midlothian when compared to any year in history.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Midlothian when compared to any year in history.
A total of 6,243 companies were formed in Midlothian in 2013. This total is 3.2% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Midlothian UK 2013 6,243 529,363 2012 6,049 491,893 2011 5,183 452,870 2010 4,196 400,358 2009 3,473 362,675 Record Year 2013 (6,243) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Midlothian when compared to any previous second half year.
In the second half of 2013 a total of 3,106 companies were formed in Midlothian. This figure is 1.5% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Midlothian occurred in 2013 when a total of 3,106 were formed.
Half Year (Jul-Dec) Midlothian UK 2013 3,106 259,931 2012 3,061 238,743 % change 1.5% 8.9% Record Year 2013 (3,106) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 1,472 companies were registered in Midlothian during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 13.5% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Midlothian UK 2013 1,472 127,247 2012 1,701 119,875 % change -13.5% 6.1% Record Year 2012 (1,701) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 553 486 433 New companies in 2012 602 580 519 % change -8.1% -16.2% -16.6% Record Year 2012 (602) 2012 (580) 2012 (519)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 2,940 companies were dissolved in Midlothian in 2013. This total is 5.9% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Midlothian UK 2013 2,940 332,213 2012 2,776 293,729 2011 2,541 314,524 2010 3,339 342,233 2009 3,142 533,789 Record Year 2010 (3,339) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 1,507 companies were dissolved in Midlothian. This figure is 14.1% higher than last year, which compares well to the UK wide change of 21.3%.
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 2013 1,507 177,021 2012 1,321 145,935 % change 14.1% 21.3% Record Year 2010 (1,632) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 735 companies were dissolved in Midlothian during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 21.7% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Midlothian UK 2013 735 90,851 2012 604 70,027 % change 21.7% 29.7% Record Year 2010 (919) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 255 218 262 Closed companies in 2012 168 215 221 % change 51.8% 1.4% 19% Record Year 2008 (556) 2011 (275) 2010 (300)
Net Company Growth
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Annual Data (2013)
2013 was a record year for net growth in Midlothian when compared to any year in history.
A total of 3,303 companies were added to the company register for Midlothian in 2013. This number represents growth of 52.9% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 30 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Midlothian company register grew by 3,303 companies.
Year Midlothian UK 2013 3,303 197,150 2012 3,273 198,164 2011 2,642 138,346 2010 857 58,125 2009 331 -171,114 Record Year 2013 (3,303) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Midlothian increased by 1,599 companies.
Half Year (Jul-Dec) Midlothian UK 2013 1,599 82,910 2012 1,740 92,808 Record Year 2012 (1,740) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Midlothian during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 737 companies.
fourth quarter (Oct 2013 - Dec 2013) Midlothian UK 2013 737 36,396 2012 1,097 49,848 Record Year 2012 (1,097) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 298 268 171 Net growth in 2012 434 365 298 Record Year 2012 (434) 2012 (365) 2012 (298)
UK Company Share
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Annual Data (2013)
In 2013 Midlothian formed 1.2% of all UK companies. This is no change on 2012 when Midlothian was responsible for 1.2% of all UK companies.
Year Midlothian 2013 1.2% 2012 1.2% 2011 1.1% 2010 1.0% 2009 1.0% Record Year (since 1960) 2012 (1.2%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Midlothian formed 1.2% of all UK companies. This is less than the 2012 figure of 1.3%.
Half Year (Jul-Dec) Midlothian 2013 1.2% 2012 1.3% 2011 1.2% 2010 1.1% 2009 1.0% Record Year (since 1960) 2012 (1.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Midlothian formed 1.2% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Midlothian 2013 1.2% 2012 1.4% 2011 1.2% 2010 1.0% 2009 1.1% Record Year (since 1960) 2012 (1.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 1.1% 1.1% 1.3% UK formation share in 2012 1.3% 1.4% 1.7% % change -14.6% -17.6% -24.1% Record Year 2012 (1.3%) 2012 (1.4%) 2000 (1.9%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.7.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.3.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.7.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Midlothian was 2007 when 26.1% of all directors were female.
The percentage of female directors in Midlothian in 2013 was 26.0%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Midlothian was 2012 when 26.6% of all directors were female.
25.0% of all director appointments in Midlothian in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Midlothian was in 2007 when 26.4% of all directors were female.
24.4% of all director appointments in Midlothian in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 15.77% CONSULTING 5.22% L.P. 4.46% MANAGEMENT 4.72% CONSULTING 2.24% CONSULTANCY 3.45% EDINBURGH 2.12% PROPERTY 2.59% CAPITAL 2.00% TRADING 2.08% TRADING 1.70% ENGINEERING 1.87% MANAGEMENT 1.68% LONDON 1.86% INVESTMENTS 1.43% DESIGN 1.76% PARTNERS 1.41% CONSTRUCTION 1.73% (SCOTLAND) 1.25% CARE 1.73% SCOTLAND 1.21% BUSINESS 1.71% TRADE 1.18% CONSULTANTS 1.68% CONSULTANCY 1.15% GLOBAL 1.58% GROUP 1.02% INVESTMENTS 1.56% ACCESS 0.89% PROPERTIES 1.54% GP 0.88% ASSOCIATES 1.53% PROPERTY 0.77% J 1.51% BUSINESS 0.75% MEDIA 1.50% II 0.74% IT 1.35% ENERGY 0.70% DEVELOPMENTS 1.23% IT 0.64% M 1.23% SALES 0.64% BUILDING 1.21% GLOBAL 0.61% ELECTRICAL 1.20% SYSTEMS 0.60% CAPITAL 1.19% IMPEX 0.60% ENERGY 1.14%
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 5,456 266,814 82990 - Other business support service activities not elsewhere classified 478 55,342 70229 - Management consultancy activities other than financial management 352 36,164 62020 - Information technology consultancy activities 337 27,183 99999 - Dormant Company 324 46,762 74909 - Other professional, scientific and technical activities not elsewhere classified 239 18,034 56103 - Take-away food shops and mobile food stands 169 7,010 74990 - Non-trading company 160 14,223 96090 - Other service activities not elsewhere classified 148 26,001 56101 - Licensed restaurants 137 7,685 62090 - Other information technology service activities 118 12,511 62012 - Business and domestic software development 116 9,360 68209 - Other letting and operating of own or leased real estate 102 8,733 41100 - Development of building projects 79 9,485 63990 - Other information service activities not elsewhere classified 71 5,639 68100 - Buying and selling of own real estate 67 5,656 64999 - Financial intermediation not elsewhere classified 62 5,309 86900 - Other human health activities 61 9,543 69201 - Accounting and auditing activities 61 7,075 56302 - Public houses and bars 60 5,503
Recent Companies
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Randomly selected companies from this quarter
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