Midlothian
Q3 2014 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 1,119 companies were registered in Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 31.5% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 1,119 143,414 2013 1,634 132,684 % change -31.5% 8.1% Record Year 2013 (1,634) 2014 (143,414) New Companies by Quarter
A total of 1,119 companies were registered in Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 31.5% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 1,119 143,414 2013 1,634 132,684 % change -31.5% 8.1% Record Year 2013 (1,634) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
New Companies by Month
July August September New companies in 2014 380 327 412 New companies in 2013 648 482 504 % change -41.4% -32.2% -18.3% Record Year 2013 (648) 2011 (524) 2013 (504) July August September New companies in 2014 380 327 412 New companies in 2013 648 482 504 % change -41.4% -32.2% -18.3% Record Year 2013 (648) 2011 (524) 2013 (504)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 804 companies were dissolved in Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 4.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 804 101,670 2013 772 86,170 % change 4.1% 18.0% Record Year 2009 (815) 2009 (159,405) Dissolved Companies by Quarter
A total of 804 companies were dissolved in Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 4.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 804 101,670 2013 772 86,170 % change 4.1% 18.0% Record Year 2009 (815) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2014 247 355 202 Closed companies in 2013 270 310 192 % change -8.5% 14.5% 5% Record Year 2010 (289) 2009 (405) 2010 (303) July August September Closed companies in 2014 247 355 202 Closed companies in 2013 270 310 192 % change -8.5% 14.5% 5% Record Year 2010 (289) 2009 (405) 2010 (303)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014) was 315 companies.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 315 41,744 2013 862 46,514 Record Year 2013 (862) 2013 (46,514) Net Growth by Quarter
Net company growth for Midlothian during the third quarter of 2014 (Jul 2014 - Sep 2014) was 315 companies.
third quarter (Jul 2014 - Sep 2014) Midlothian UK 2014 315 41,744 2013 862 46,514 Record Year 2013 (862) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2014 133 -28 210 Net growth in 2013 378 172 312 Record Year 2013 (378) 2008 (276) 2013 (312) July August September Net growth in 2014 133 -28 210 Net growth in 2013 378 172 312 Record Year 2013 (378) 2008 (276) 2013 (312)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Midlothian formed 0.8% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Midlothian 2014 0.8% 2013 1.2% 2012 1.1% 2011 1.2% 2010 1.2% Record Year (since 1960) 1994 (1.3%) Company Share by Quarter
In the third quarter of 2014, Midlothian formed 0.8% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Midlothian 2014 0.8% 2013 1.2% 2012 1.1% 2011 1.2% 2010 1.2% Record Year (since 1960) 1994 (1.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 0.7% 0.7% 0.8% UK formation share in 2013 1.4% 1.2% 1.1% % change -46.7% -35.3% -25.0% Record Year 1994 (1.5%) 1991 (1.5%) 1999 (1.4%) July August September UK formation share in 2014 0.7% 0.7% 0.8% UK formation share in 2013 1.4% 1.2% 1.1% % change -46.7% -35.3% -25.0% Record Year 1994 (1.5%) 1991 (1.5%) 1999 (1.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.3.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.
Director Age by Quarter
The average age of a director in the third quarter of 2014 was 44.3.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Midlothian was in 2009 when 28.2% of all directors were female.
25.2% of all director appointments in Midlothian in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
The record third quarter for female directors in Midlothian was in 2009 when 28.2% of all directors were female.
25.2% of all director appointments in Midlothian in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 12.96% CONSULTING 5.17% L.P. 3.06% MANAGEMENT 4.63% EDINBURGH 2.30% CONSULTANCY 3.55% CONSULTING 2.20% PROPERTY 2.62% MANAGEMENT 1.64% ENGINEERING 2.07% GP 1.35% CONSTRUCTION 2.05% CAPITAL 1.35% TRADING 2.00% TRADING 1.30% LONDON 1.95% SCOTLAND 1.24% CARE 1.94% PROPERTY 1.18% TRANSPORT 1.76% PARTNERS 1.15% DESIGN 1.70% (SCOTLAND) 1.14% CONSULTANTS 1.70% CONSULTANCY 1.12% PROPERTIES 1.63% GROUP 1.08% BUSINESS 1.62% ACCESS 0.94% J 1.53% TRADE 0.94% ELECTRICAL 1.53% BUSINESS 0.86% GLOBAL 1.51% INVESTMENTS 0.79% INVESTMENTS 1.50% GLOBAL 0.68% ASSOCIATES 1.48% ASSOCIATES 0.58% MEDIA 1.38% (EDINBURGH) 0.55% CO., 1.36% SYSTEMS 0.53% DEVELOPMENTS 1.35% ENERGY 0.53% BUILDING 1.30% DESIGN 0.50% IT 1.30% IT 0.48% M 1.23% word percentage uk word uk percentage LP 12.97% CONSULTING 5.18% L.P. 3.06% MANAGEMENT 4.63% EDINBURGH 2.26% CONSULTANCY 3.54% CONSULTING 2.18% PROPERTY 2.63% MANAGEMENT 1.64% ENGINEERING 2.08% CAPITAL 1.36% CONSTRUCTION 2.05% GP 1.35% TRADING 2.01% TRADING 1.30% LONDON 1.95% SCOTLAND 1.27% CARE 1.94% PROPERTY 1.18% TRANSPORT 1.76% PARTNERS 1.15% DESIGN 1.70% (SCOTLAND) 1.14% CONSULTANTS 1.69% CONSULTANCY 1.14% PROPERTIES 1.63% GROUP 1.11% BUSINESS 1.63% TRADE 0.97% ELECTRICAL 1.53% ACCESS 0.94% J 1.53% BUSINESS 0.86% GLOBAL 1.52% INVESTMENTS 0.79% INVESTMENTS 1.50% GLOBAL 0.70% ASSOCIATES 1.48% ASSOCIATES 0.58% MEDIA 1.38% (EDINBURGH) 0.55% CO., 1.36% ENERGY 0.55% DEVELOPMENTS 1.35% SYSTEMS 0.53% BUILDING 1.30% II 0.50% IT 1.30% IT 0.50% M 1.23%
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 5,683 278,481 82990 - Other business support service activities not elsewhere classified 485 57,264 62020 - Information technology consultancy activities 402 29,313 70229 - Management consultancy activities other than financial management 398 40,717 99999 - Dormant Company 310 48,286 74909 - Other professional, scientific and technical activities not elsewhere classified 304 18,890 56103 - Take-away food shops and mobile food stands 166 7,917 96090 - Other service activities not elsewhere classified 163 28,224 56101 - Licensed restaurants 148 8,546 74990 - Non-trading company 143 14,006 68209 - Other letting and operating of own or leased real estate 139 10,361 62012 - Business and domestic software development 129 9,675 62090 - Other information technology service activities 115 12,795 41100 - Development of building projects 89 10,604 56302 - Public houses and bars 80 6,056 43999 - Other specialised construction activities not elsewhere classified 79 8,501 69201 - Accounting and auditing activities 75 7,401 63990 - Other information service activities not elsewhere classified 75 5,940 68100 - Buying and selling of own real estate 74 6,595 70100 - Activities of head offices 73 4,108 sic code number of companies uk companies None Supplied 5,569 263,052 82990 - Other business support service activities not elsewhere classified 496 58,078 62020 - Information technology consultancy activities 410 29,780 70229 - Management consultancy activities other than financial management 402 41,421 99999 - Dormant Company 316 48,811 74909 - Other professional, scientific and technical activities not elsewhere classified 303 19,117 56103 - Take-away food shops and mobile food stands 170 8,165 96090 - Other service activities not elsewhere classified 169 28,864 56101 - Licensed restaurants 155 8,789 68209 - Other letting and operating of own or leased real estate 144 10,684 74990 - Non-trading company 143 14,053 62012 - Business and domestic software development 129 9,848 62090 - Other information technology service activities 115 12,999 41100 - Development of building projects 96 10,983 68100 - Buying and selling of own real estate 84 6,772 56302 - Public houses and bars 84 6,211 43999 - Other specialised construction activities not elsewhere classified 81 8,701 63990 - Other information service activities not elsewhere classified 76 6,044 70100 - Activities of head offices 75 4,180 69201 - Accounting and auditing activities 75 7,504
Recent Companies
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Randomly selected companies from this quarter
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