Midlothian
2014 Half Year Business Confidence Report
Headlines
- April 2014 saw a new record in company closures in Midlothian when compared to any previous April.
- April 2014 saw a new record in company closures in Midlothian when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 3,070 companies were formed in Midlothian. This figure is 2.1% lower than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Midlothian occurred in 2013 when a total of 3,137 were formed.
Half Year (Jan-Jun) Midlothian UK 2014 3,070 300,731 2013 3,137 269,432 % change -2.1% 11.6% Record Year 2013 (3,137) 2014 (300,731) In the first half of 2014 a total of 3,070 companies were formed in Midlothian. This figure is 2.1% lower than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Midlothian occurred in 2013 when a total of 3,137 were formed.
Half Year (Jan-Jun) Midlothian UK 2014 3,070 300,731 2013 3,137 269,432 % change -2.1% 11.6% Record Year 2013 (3,137) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 1,279 companies were registered in Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 16.7% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 1,279 150,009 2013 1,535 134,630 % change -16.7% 11.4% Record Year 2013 (1,535) 2014 (150,009) New Companies by Quarter
A total of 1,279 companies were registered in Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 16.7% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 1,279 150,009 2013 1,535 134,630 % change -16.7% 11.4% Record Year 2013 (1,535) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
New Companies by Month
April May June New companies in 2014 517 394 368 New companies in 2013 578 463 494 % change -10.6% -14.9% -25.5% Record Year 2013 (578) 2013 (463) 2012 (506) April May June New companies in 2014 517 394 368 New companies in 2013 578 463 494 % change -10.6% -14.9% -25.5% Record Year 2013 (578) 2013 (463) 2012 (506)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,539 companies were dissolved in Midlothian. This figure is 7.4% higher than last year, which compares well to the UK wide change of 14.2%.
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) Midlothian UK 2014 1,539 177,207 2013 1,433 155,192 % change 7.4% 14.2% Record Year 2009 (1,815) 2009 (289,245) In the first half of 2014 a total of 1,539 companies were dissolved in Midlothian. This figure is 7.4% higher than last year, which compares well to the UK wide change of 14.2%.
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) Midlothian UK 2014 1,539 177,207 2013 1,433 155,192 % change 7.4% 14.2% Record Year 2009 (1,815) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 790 companies were dissolved in Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 19.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 790 94,837 2013 660 77,278 % change 19.7% 22.7% Record Year 2009 (1,203) 2009 (181,179) Dissolved Companies by Quarter
A total of 790 companies were dissolved in Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 19.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 790 94,837 2013 660 77,278 % change 19.7% 22.7% Record Year 2009 (1,203) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in company closures in Midlothian when compared to any previous April.
April 2014 saw a new record in company closures in Midlothian when compared to any previous April.
Dissolved Companies by Month
Dissolved Companies by Month
April May June Closed companies in 2014 245 264 281 Closed companies in 2013 173 310 177 % change 41.6% -14.8% 59% Record Year 2014 (245) 2009 (813) 2009 (373) April May June Closed companies in 2014 245 264 281 Closed companies in 2013 173 310 177 % change 41.6% -14.8% 59% Record Year 2014 (245) 2009 (813) 2009 (373)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Midlothian increased by 1,531 companies.
Half Year (Jan-Jun) Midlothian UK 2014 1,531 123,524 2013 1,704 114,240 Record Year 2013 (1,704) 2007 (171,296) In the first half of 2014 the company register for Midlothian increased by 1,531 companies.
Half Year (Jan-Jun) Midlothian UK 2014 1,531 123,524 2013 1,704 114,240 Record Year 2013 (1,704) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014) was 489 companies.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 489 55,172 2013 875 57,352 Record Year 2013 (875) 2007 (60,014) Net Growth by Quarter
Net company growth for Midlothian during the second quarter of 2014 (Apr 2014 - Jun 2014) was 489 companies.
second quarter (Apr 2014 - Jun 2014) Midlothian UK 2014 489 55,172 2013 875 57,352 Record Year 2013 (875) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 272 130 87 Net growth in 2013 405 153 317 Record Year 2013 (405) 2007 (189) 2013 (317) April May June Net growth in 2014 272 130 87 Net growth in 2013 405 153 317 Record Year 2013 (405) 2007 (189) 2013 (317)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Midlothian formed 1.0% of all UK companies. This is less than the 2013 figure of 1.2%.
Half Year (Jan-Jun) Midlothian 2014 1.0% 2013 1.2% 2012 1.2% 2011 1.1% 2010 1.0% Record Year (since 1960) 2001 (1.3%) Company Share by Half Year
In the first half of 2014 Midlothian formed 1.0% of all UK companies. This is less than the 2013 figure of 1.2%.
Half Year (Jan-Jun) Midlothian 2014 1.0% 2013 1.2% 2012 1.2% 2011 1.1% 2010 1.0% Record Year (since 1960) 2001 (1.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Midlothian formed 0.9% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Midlothian 2014 0.9% 2013 1.1% 2012 1.2% 2011 1.2% 2010 1.0% Record Year (since 1960) 2001 (1.4%) Company Share by Quarter
In the second quarter of 2014, Midlothian formed 0.9% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Midlothian 2014 0.9% 2013 1.1% 2012 1.2% 2011 1.2% 2010 1.0% Record Year (since 1960) 2001 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 1.0% 0.8% 0.8% UK formation share in 2013 1.2% 1.0% 1.2% % change -19.3% -21.5% -35.5% Record Year 1991 (1.3%) 2001 (1.4%) 2001 (1.5%) April May June UK formation share in 2014 1.0% 0.8% 0.8% UK formation share in 2013 1.2% 1.0% 1.2% % change -19.3% -21.5% -35.5% Record Year 1991 (1.3%) 2001 (1.4%) 2001 (1.5%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 45.1.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.5%.
Director Age by Half Year
The average age of a director in the first half of 2014 was 45.1.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 44.9.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.6%.
Director Age by Quarter
The average age of a director in the second quarter of 2014 was 44.9.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Midlothian was 2013 when 27.0% of all directors were female.
25.0% of all director appointments in Midlothian in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
The record first half year for female directors in Midlothian was 2013 when 27.0% of all directors were female.
25.0% of all director appointments in Midlothian in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Midlothian was in 2013 when 27.2% of all directors were female.
24.5% of all director appointments in Midlothian in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
The record second quarter for female directors in Midlothian was in 2013 when 27.2% of all directors were female.
24.5% of all director appointments in Midlothian in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 16.32% CONSULTING 5.16% L.P. 4.11% MANAGEMENT 4.64% CONSULTING 2.15% CONSULTANCY 3.50% EDINBURGH 2.10% PROPERTY 2.66% CAPITAL 1.88% TRADING 2.03% MANAGEMENT 1.71% ENGINEERING 1.99% TRADING 1.60% CONSTRUCTION 1.93% SCOTLAND 1.31% LONDON 1.93% INVESTMENTS 1.25% CARE 1.85% PARTNERS 1.24% DESIGN 1.75% PROPERTY 1.15% CONSULTANTS 1.73% GP 1.05% BUSINESS 1.69% TRADE 1.05% PROPERTIES 1.63% (SCOTLAND) 1.04% TRANSPORT 1.58% GROUP 1.03% GLOBAL 1.55% CONSULTANCY 0.98% INVESTMENTS 1.55% BUSINESS 0.90% J 1.51% ACCESS 0.88% ASSOCIATES 1.48% GLOBAL 0.70% MEDIA 1.44% SYSTEMS 0.66% ELECTRICAL 1.40% II 0.63% IT 1.33% (EDINBURGH) 0.61% DEVELOPMENTS 1.33% PARTNERSHIP 0.57% BUILDING 1.26% IMPEX 0.56% M 1.24% ENERGY 0.56% CO., 1.20% word percentage uk word uk percentage LP 16.31% CONSULTING 5.16% L.P. 4.10% MANAGEMENT 4.64% CONSULTING 2.15% CONSULTANCY 3.49% EDINBURGH 2.05% PROPERTY 2.66% CAPITAL 1.89% TRADING 2.03% MANAGEMENT 1.72% ENGINEERING 1.99% TRADING 1.61% LONDON 1.93% SCOTLAND 1.32% CONSTRUCTION 1.93% INVESTMENTS 1.25% CARE 1.85% PARTNERS 1.24% DESIGN 1.75% PROPERTY 1.15% CONSULTANTS 1.73% TRADE 1.08% BUSINESS 1.69% GP 1.05% PROPERTIES 1.63% (SCOTLAND) 1.04% TRANSPORT 1.58% GROUP 1.03% GLOBAL 1.55% CONSULTANCY 1.00% INVESTMENTS 1.55% BUSINESS 0.90% J 1.50% ACCESS 0.87% ASSOCIATES 1.48% GLOBAL 0.70% MEDIA 1.44% SYSTEMS 0.67% ELECTRICAL 1.40% II 0.66% IT 1.33% (EDINBURGH) 0.61% DEVELOPMENTS 1.33% PARTNERSHIP 0.58% BUILDING 1.26% ENERGY 0.56% M 1.23% IMPEX 0.56% CO., 1.20%
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 5,620 261,557 82990 - Other business support service activities not elsewhere classified 487 57,421 62020 - Information technology consultancy activities 385 29,029 70229 - Management consultancy activities other than financial management 385 40,250 99999 - Dormant Company 317 48,436 74909 - Other professional, scientific and technical activities not elsewhere classified 300 19,058 56103 - Take-away food shops and mobile food stands 176 7,840 96090 - Other service activities not elsewhere classified 155 28,352 56101 - Licensed restaurants 145 8,585 74990 - Non-trading company 143 14,351 68209 - Other letting and operating of own or leased real estate 134 10,133 62012 - Business and domestic software development 126 9,834 62090 - Other information technology service activities 121 13,024 56302 - Public houses and bars 79 6,099 69201 - Accounting and auditing activities 76 7,415 41100 - Development of building projects 75 10,527 43999 - Other specialised construction activities not elsewhere classified 74 8,533 64999 - Financial intermediation not elsewhere classified 71 5,836 63990 - Other information service activities not elsewhere classified 70 6,099 70100 - Activities of head offices 69 4,152 sic code number of companies uk companies None Supplied 5,614 259,495 82990 - Other business support service activities not elsewhere classified 490 57,459 62020 - Information technology consultancy activities 388 29,145 70229 - Management consultancy activities other than financial management 383 40,375 99999 - Dormant Company 321 48,126 74909 - Other professional, scientific and technical activities not elsewhere classified 299 19,026 56103 - Take-away food shops and mobile food stands 176 7,892 96090 - Other service activities not elsewhere classified 157 28,340 56101 - Licensed restaurants 147 8,651 74990 - Non-trading company 142 14,184 68209 - Other letting and operating of own or leased real estate 134 10,262 62012 - Business and domestic software development 125 9,875 62090 - Other information technology service activities 121 13,042 41100 - Development of building projects 81 10,664 56302 - Public houses and bars 80 6,119 69201 - Accounting and auditing activities 75 7,438 64999 - Financial intermediation not elsewhere classified 72 5,863 43999 - Other specialised construction activities not elsewhere classified 72 8,555 63990 - Other information service activities not elsewhere classified 70 6,107 70100 - Activities of head offices 70 4,155
Recent Companies
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Randomly selected companies from this quarter
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