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

  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 (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.

    YearMidlothianUK
    20136,243529,363
    20126,049491,893
    20115,183452,870
    20104,196400,358
    20093,473362,675
    Record Year2013 (6,243)2013 (529,363)
    New Companies by Year
  2. 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)MidlothianUK
    20133,106259,931
    20123,061238,743
    % change1.5%8.9%
    Record Year2013 (3,106)2013 (259,931)
    New Companies by Half Year
  3. 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)MidlothianUK
    20131,472127,247
    20121,701119,875
    % change-13.5%6.1%
    Record Year 2012 (1,701) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013553486433
    New companies in 2012602580519
    % change-8.1%-16.2%-16.6%
    Record Year2012 (602)2012 (580)2012 (519)

Closed Companies (dissolved)

  1. 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.

    YearMidlothianUK
    20132,940332,213
    20122,776293,729
    20112,541314,524
    20103,339342,233
    20093,142533,789
    Record Year2010 (3,339)2009 (533,789)
    Dissolved Companies by Year
  2. 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)MidlothianUK
    20131,507177,021
    20121,321145,935
    % change14.1%21.3%
    Record Year2010 (1,632)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)MidlothianUK
    201373590,851
    201260470,027
    % change21.7%29.7%
    Record Year 2010 (919) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013255218262
    Closed companies in 2012168215221
    % change51.8%1.4%19%
    Record Year2008 (556)2011 (275)2010 (300)

Net Company Growth

  1. 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.

    YearMidlothianUK
    20133,303197,150
    20123,273198,164
    20112,642138,346
    201085758,125
    2009331-171,114
    Record Year2013 (3,303)2007 (237,353)
    Net Growth by Year
  2. 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)MidlothianUK
    20131,59982,910
    20121,74092,808
    Record Year2012 (1,740)2003 (117,772)
    Net Growth by Half Year
  3. 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)MidlothianUK
    201373736,396
    20121,09749,848
    Record Year 2012 (1,097) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013298268171
    Net growth in 2012434365298
    Record Year2012 (434)2012 (365)2012 (298)

UK Company Share

  1. 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.

    YearMidlothian
    20131.2%
    20121.2%
    20111.1%
    20101.0%
    20091.0%
    Record Year (since 1960)2012 (1.2%)
    Company Share by Year
  2. 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
    20131.2%
    20121.3%
    20111.2%
    20101.1%
    20091.0%
    Record Year (since 1960) 2012 (1.3%)
    Company Share by Half Year
  3. 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
    20131.2%
    20121.4%
    20111.2%
    20101.0%
    20091.1%
    Record Year (since 1960) 2012 (1.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20131.1%1.1%1.3%
    UK formation share in 20121.3%1.4%1.7%
    % change-14.6%-17.6%-24.1%
    Record Year2012 (1.3%)2012 (1.4%)2000 (1.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    LP15.77%CONSULTING5.22%
    L.P.4.46%MANAGEMENT4.72%
    CONSULTING2.24%CONSULTANCY3.45%
    EDINBURGH2.12%PROPERTY2.59%
    CAPITAL2.00%TRADING2.08%
    TRADING1.70%ENGINEERING1.87%
    MANAGEMENT1.68%LONDON1.86%
    INVESTMENTS1.43%DESIGN1.76%
    PARTNERS1.41%CONSTRUCTION1.73%
    (SCOTLAND)1.25%CARE1.73%
    SCOTLAND1.21%BUSINESS1.71%
    TRADE1.18%CONSULTANTS1.68%
    CONSULTANCY1.15%GLOBAL1.58%
    GROUP1.02%INVESTMENTS1.56%
    ACCESS0.89%PROPERTIES1.54%
    GP0.88%ASSOCIATES1.53%
    PROPERTY0.77%J1.51%
    BUSINESS0.75%MEDIA1.50%
    II0.74%IT1.35%
    ENERGY0.70%DEVELOPMENTS1.23%
    IT0.64%M1.23%
    SALES0.64%BUILDING1.21%
    GLOBAL0.61%ELECTRICAL1.20%
    SYSTEMS0.60%CAPITAL1.19%
    IMPEX0.60%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,456266,814
    82990 - Other business support service activities not elsewhere classified47855,342
    70229 - Management consultancy activities other than financial management35236,164
    62020 - Information technology consultancy activities33727,183
    99999 - Dormant Company32446,762
    74909 - Other professional, scientific and technical activities not elsewhere classified23918,034
    56103 - Take-away food shops and mobile food stands1697,010
    74990 - Non-trading company16014,223
    96090 - Other service activities not elsewhere classified14826,001
    56101 - Licensed restaurants1377,685
    62090 - Other information technology service activities11812,511
    62012 - Business and domestic software development1169,360
    68209 - Other letting and operating of own or leased real estate1028,733
    41100 - Development of building projects799,485
    63990 - Other information service activities not elsewhere classified715,639
    68100 - Buying and selling of own real estate675,656
    64999 - Financial intermediation not elsewhere classified625,309
    86900 - Other human health activities619,543
    69201 - Accounting and auditing activities617,075
    56302 - Public houses and bars605,503

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SL014619 MENDOLINE CAPITAL LP 01 Nov 2013
    SC463358 NEWCO ONE (LONDON) LIMITED 08 Nov 2013
    SC463434 THE LOCHMADDY CASHMERE COMPANY LIMITED 11 Nov 2013
    SC463531 NEWTYLE SALMON FISHING LIMITED 12 Nov 2013
    SO304667 BERAIRE PROJECTS LLP 14 Nov 2013
    SO304668 CEBERBOA ASSOCIATES LLP 14 Nov 2013
    SC463813 CIVILS MANAGEMENT LIMITED 15 Nov 2013
    SC464387 CITY CAFE KITCHEN LIMITED 25 Nov 2013
    SL014813 DAO REAL ESTATE LP 26 Nov 2013
    SC464724 THE GEORGE STREET FESTIVAL LTD 28 Nov 2013
    SC463007 PEERLESS INVESTMENTS LIMITED 05 Nov 2013
    SO304672 DS OPPORTUNITIES GP LLP 15 Nov 2013
    SC464163 CALEDONIAN INDEPENDENT ADVICE LIMITED 20 Nov 2013
    SL014783 DS OPPORTUNITIES FUND I LP 25 Nov 2013
    SC464461 SROWSELL SERVICES LIMITED 25 Nov 2013
    SC464818 DMWS 1035 LIMITED 28 Nov 2013
    SC464864 CITY STAY EDINBURGH LIMITED 29 Nov 2013
    SC462766 WATERMANS SOLICITORS LIMITED 01 Nov 2013
    SC463009 PRIDE ACCOUNTING LTD 05 Nov 2013
    SC463039 CABRACH ESTATES LTD 05 Nov 2013
    SC463078 CPP OFFICE PORTFOLIO (FEEDER) GP LIMITED 05 Nov 2013
    SL014637 TECHNOLINE TRADE LP 06 Nov 2013
    SC463164 MRS SCOTLAND LIMITED 06 Nov 2013
    SC463400 THE BLACKBOX FESTIVALS LTD. 08 Nov 2013
    SL014682 TRUESTONE GENERAL PARTNER LP 08 Nov 2013