Midlothian

Q3 2014 Business Confidence Report

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. 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)MidlothianUK
    20141,119143,414
    20131,634132,684
    % 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)MidlothianUK
    20141,119143,414
    20131,634132,684
    % change-31.5%8.1%
    Record Year 2013 (1,634) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2014380327412
    New companies in 2013648482504
    % change-41.4%-32.2%-18.3%
    Record Year2013 (648)2011 (524)2013 (504)
    JulyAugustSeptember
    New companies in 2014380327412
    New companies in 2013648482504
    % change-41.4%-32.2%-18.3%
    Record Year2013 (648)2011 (524)2013 (504)

Closed Companies (dissolved)

  1. 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)MidlothianUK
    2014804101,670
    201377286,170
    % change4.1%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)MidlothianUK
    2014804101,670
    201377286,170
    % change4.1%18.0%
    Record Year 2009 (815) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014247355202
    Closed companies in 2013270310192
    % change-8.5%14.5%5%
    Record Year2010 (289)2009 (405)2010 (303)
    JulyAugustSeptember
    Closed companies in 2014247355202
    Closed companies in 2013270310192
    % change-8.5%14.5%5%
    Record Year2010 (289)2009 (405)2010 (303)

Net Company Growth

  1. 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)MidlothianUK
    201431541,744
    201386246,514
    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)MidlothianUK
    201431541,744
    201386246,514
    Record Year 2013 (862) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014133-28210
    Net growth in 2013378172312
    Record Year2013 (378)2008 (276)2013 (312)
    JulyAugustSeptember
    Net growth in 2014133-28210
    Net growth in 2013378172312
    Record Year2013 (378)2008 (276)2013 (312)

UK Company Share

  1. 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
    20140.8%
    20131.2%
    20121.1%
    20111.2%
    20101.2%
    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
    20140.8%
    20131.2%
    20121.1%
    20111.2%
    20101.2%
    Record Year (since 1960) 1994 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.7%0.7%0.8%
    UK formation share in 20131.4%1.2%1.1%
    % change-46.7%-35.3%-25.0%
    Record Year1994 (1.5%)1991 (1.5%)1999 (1.4%)
    JulyAugustSeptember
    UK formation share in 20140.7%0.7%0.8%
    UK formation share in 20131.4%1.2%1.1%
    % change-46.7%-35.3%-25.0%
    Record Year1994 (1.5%)1991 (1.5%)1999 (1.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Sep 2013-Sep 2014)

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

    wordpercentageuk worduk percentage
    LP12.96%CONSULTING5.17%
    L.P.3.06%MANAGEMENT4.63%
    EDINBURGH2.30%CONSULTANCY3.55%
    CONSULTING2.20%PROPERTY2.62%
    MANAGEMENT1.64%ENGINEERING2.07%
    GP1.35%CONSTRUCTION2.05%
    CAPITAL1.35%TRADING2.00%
    TRADING1.30%LONDON1.95%
    SCOTLAND1.24%CARE1.94%
    PROPERTY1.18%TRANSPORT1.76%
    PARTNERS1.15%DESIGN1.70%
    (SCOTLAND)1.14%CONSULTANTS1.70%
    CONSULTANCY1.12%PROPERTIES1.63%
    GROUP1.08%BUSINESS1.62%
    ACCESS0.94%J1.53%
    TRADE0.94%ELECTRICAL1.53%
    BUSINESS0.86%GLOBAL1.51%
    INVESTMENTS0.79%INVESTMENTS1.50%
    GLOBAL0.68%ASSOCIATES1.48%
    ASSOCIATES0.58%MEDIA1.38%
    (EDINBURGH)0.55%CO.,1.36%
    SYSTEMS0.53%DEVELOPMENTS1.35%
    ENERGY0.53%BUILDING1.30%
    DESIGN0.50%IT1.30%
    IT0.48%M1.23%
    wordpercentageuk worduk percentage
    LP12.97%CONSULTING5.18%
    L.P.3.06%MANAGEMENT4.63%
    EDINBURGH2.26%CONSULTANCY3.54%
    CONSULTING2.18%PROPERTY2.63%
    MANAGEMENT1.64%ENGINEERING2.08%
    CAPITAL1.36%CONSTRUCTION2.05%
    GP1.35%TRADING2.01%
    TRADING1.30%LONDON1.95%
    SCOTLAND1.27%CARE1.94%
    PROPERTY1.18%TRANSPORT1.76%
    PARTNERS1.15%DESIGN1.70%
    (SCOTLAND)1.14%CONSULTANTS1.69%
    CONSULTANCY1.14%PROPERTIES1.63%
    GROUP1.11%BUSINESS1.63%
    TRADE0.97%ELECTRICAL1.53%
    ACCESS0.94%J1.53%
    BUSINESS0.86%GLOBAL1.52%
    INVESTMENTS0.79%INVESTMENTS1.50%
    GLOBAL0.70%ASSOCIATES1.48%
    ASSOCIATES0.58%MEDIA1.38%
    (EDINBURGH)0.55%CO.,1.36%
    ENERGY0.55%DEVELOPMENTS1.35%
    SYSTEMS0.53%BUILDING1.30%
    II0.50%IT1.30%
    IT0.50%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,683278,481
    82990 - Other business support service activities not elsewhere classified48557,264
    62020 - Information technology consultancy activities40229,313
    70229 - Management consultancy activities other than financial management39840,717
    99999 - Dormant Company31048,286
    74909 - Other professional, scientific and technical activities not elsewhere classified30418,890
    56103 - Take-away food shops and mobile food stands1667,917
    96090 - Other service activities not elsewhere classified16328,224
    56101 - Licensed restaurants1488,546
    74990 - Non-trading company14314,006
    68209 - Other letting and operating of own or leased real estate13910,361
    62012 - Business and domestic software development1299,675
    62090 - Other information technology service activities11512,795
    41100 - Development of building projects8910,604
    56302 - Public houses and bars806,056
    43999 - Other specialised construction activities not elsewhere classified798,501
    69201 - Accounting and auditing activities757,401
    63990 - Other information service activities not elsewhere classified755,940
    68100 - Buying and selling of own real estate746,595
    70100 - Activities of head offices734,108
    sic codenumber of companiesuk companies
    None Supplied5,569263,052
    82990 - Other business support service activities not elsewhere classified49658,078
    62020 - Information technology consultancy activities41029,780
    70229 - Management consultancy activities other than financial management40241,421
    99999 - Dormant Company31648,811
    74909 - Other professional, scientific and technical activities not elsewhere classified30319,117
    56103 - Take-away food shops and mobile food stands1708,165
    96090 - Other service activities not elsewhere classified16928,864
    56101 - Licensed restaurants1558,789
    68209 - Other letting and operating of own or leased real estate14410,684
    74990 - Non-trading company14314,053
    62012 - Business and domestic software development1299,848
    62090 - Other information technology service activities11512,999
    41100 - Development of building projects9610,983
    68100 - Buying and selling of own real estate846,772
    56302 - Public houses and bars846,211
    43999 - Other specialised construction activities not elsewhere classified818,701
    63990 - Other information service activities not elsewhere classified766,044
    70100 - Activities of head offices754,180
    69201 - Accounting and auditing activities757,504

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC484532 INDIGO EATS LIMITED 18 Aug 2014
    SC484542 STUART & SWAN CHOCOLATIERS LIMITED 18 Aug 2014
    SC484543 PAYMENT CENTRIC LIMITED 18 Aug 2014
    SC485243 INDBUILD (SCOTLAND) LIMITED 28 Aug 2014
    SC483529 COMM& INTL LTD 04 Aug 2014
    SC483599 THE LUXURY COLLECTIVE LIMITED 04 Aug 2014
    SC483634 WATTITIS LTD. 05 Aug 2014
    SC483750 KPMG PENSION FUNDING (GP) LIMITED 06 Aug 2014
    SC483753 DOWNFIELD FC SOCIAL CLUB LTD. 06 Aug 2014
    SC483849 OAKRIDGE (EDGEHEAD) LIMITED 07 Aug 2014
    SC484064 BURGES SALMON (SCOTLAND) LIMITED 11 Aug 2014
    SC484106 ZEBRA CORPORATION (UK) LTD. 12 Aug 2014
    SC484206 A & C NORTH LTD 13 Aug 2014
    SC484286 NESTUS TECHNOLOGY LIMITED 13 Aug 2014
    SC484563 399 DUE NORTH LIMITED 18 Aug 2014
    SC484685 MELVILLE HISTORIC TOURS LIMITED 19 Aug 2014
    SC484686 AAI CONSULTING LIMITED 19 Aug 2014
    SC484891 EARLS GATE ENERGY CENTRE LIMITED 21 Aug 2014
    SC485150 DALLIANCE LIMITED 28 Aug 2014
    SC485332 CHEEKY TART LIMITED 28 Aug 2014
    SC485335 PEARL FIFE LIMITED 28 Aug 2014
    SO304997 PRUDENTIAL GREENFIELD SLP GP LLP 28 Aug 2014
    SC484658 FOURTH SON LTD 19 Aug 2014
    SC484808 SUPERJAM LTD 21 Aug 2014
    SC484897 NEWTOWN MASONARY & BUILDING COMPANY LTD 21 Aug 2014