Midlothian
2014 Annual Business Confidence Report
Headlines
- The record fourth quarter for female directors in Midlothian was in 2014 when 27.1% of all directors were female.
Contents
New Company Registrations
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Annual Data (2014)
A total of 5,200 companies were formed in Midlothian in 2014. This total is 16.7% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Midlothian UK 2014 5,200 582,051 2013 6,243 529,363 2012 6,049 491,893 2011 5,183 452,870 2010 4,196 400,358 Record Year 2013 (6,243) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 2,130 companies were formed in Midlothian. This figure is 31.4% lower than last year, which compares badly to the UK wide figure of 8.2%.
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 2014 2,130 281,320 2013 3,106 259,931 % change -31.4% 8.2% Record Year 2013 (3,106) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,011 companies were registered in Midlothian during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 31.3% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Midlothian UK 2014 1,011 137,906 2013 1,472 127,247 % change -31.3% 8.4% Record Year 2012 (1,701) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 398 304 309 New companies in 2013 553 486 433 % change -28.0% -37.4% -28.6% Record Year 2012 (602) 2012 (580) 2012 (519)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 3,168 companies were dissolved in Midlothian in 2014. This total is 7.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Midlothian UK 2014 3,168 367,937 2013 2,940 332,213 2012 2,776 293,729 2011 2,541 314,524 2010 3,339 342,233 Record Year 2010 (3,339) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 1,629 companies were dissolved in Midlothian. This figure is 8.1% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 1,629 190,730 2013 1,507 177,021 % change 8.1% 7.7% Record Year 2010 (1,632) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 825 companies were dissolved in Midlothian during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 12.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Midlothian UK 2014 825 89,060 2013 735 90,851 % change 12.2% -2.0% Record Year 2010 (919) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 370 246 209 Closed companies in 2013 255 218 262 % change 45.1% 12.8% -20% Record Year 2008 (556) 2011 (275) 2010 (300)
Net Company Growth
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Annual Data (2014)
A total of 2,032 companies were added to the company register for Midlothian in 2014. This number represents growth of 39.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 1,271 companies lower 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 2014 2,032 214,114 2013 3,303 197,150 2012 3,273 198,164 2011 2,642 138,346 2010 857 58,125 Record Year 2013 (3,303) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Midlothian increased by 501 companies.
Half Year (Jul-Dec) Midlothian UK 2014 501 90,590 2013 1,599 82,910 Record Year 2012 (1,740) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Midlothian during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 186 companies.
fourth quarter (Oct 2014 - Dec 2014) Midlothian UK 2014 186 48,846 2013 737 36,396 Record Year 2012 (1,097) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 28 58 100 Net growth in 2013 298 268 171 Record Year 2012 (434) 2012 (365) 2012 (298)
UK Company Share
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Annual Data (2014)
In 2014 Midlothian formed 0.9% of all UK companies. This is a decline on 2013 when Midlothian was responsible for 1.2% of all UK companies.
Year Midlothian 2014 0.9% 2013 1.2% 2012 1.2% 2011 1.1% 2010 1.0% Record Year (since 1960) 2012 (1.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Midlothian formed 0.8% of all UK companies. This is less than the 2013 figure of 1.2%.
Half Year (Jul-Dec) Midlothian 2014 0.8% 2013 1.2% 2012 1.3% 2011 1.2% 2010 1.1% Record Year (since 1960) 2012 (1.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Midlothian formed 0.7% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Midlothian 2014 0.7% 2013 1.2% 2012 1.4% 2011 1.2% 2010 1.0% Record Year (since 1960) 2012 (1.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.8% 0.7% 0.8% UK formation share in 2013 1.1% 1.1% 1.3% % change -31.5% -40.6% -38.9% Record Year 2012 (1.3%) 2012 (1.4%) 2000 (1.9%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.8.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.4.
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 3.3% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.5.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 25.5%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Midlothian was 2012 when 26.6% of all directors were female.
26.2% of all director appointments in Midlothian in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Midlothian was in 2014 when 27.1% of all directors were female.
27.1% of all director appointments in Midlothian in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 8.46% CONSULTING 5.22% EDINBURGH 2.47% MANAGEMENT 4.58% L.P. 2.39% CONSULTANCY 3.57% CONSULTING 2.28% PROPERTY 2.66% MANAGEMENT 1.61% CONSTRUCTION 2.12% PROPERTY 1.36% ENGINEERING 2.10% SCOTLAND 1.32% CARE 2.02% CONSULTANCY 1.26% TRADING 1.94% GP 1.23% LONDON 1.93% PARTNERS 1.13% TRANSPORT 1.93% GROUP 1.11% DESIGN 1.66% CAPITAL 1.08% CONSULTANTS 1.64% TRADING 1.07% ELECTRICAL 1.62% (SCOTLAND) 1.03% PROPERTIES 1.62% ACCESS 1.00% BUSINESS 1.56% INVESTMENTS 0.86% J 1.54% BUSINESS 0.82% CO., 1.50% TRADE 0.73% GLOBAL 1.49% (EDINBURGH) 0.63% INVESTMENTS 1.48% ASSOCIATES 0.63% ASSOCIATES 1.47% GLOBAL 0.61% DEVELOPMENTS 1.35% ENERGY 0.55% MEDIA 1.33% DEVELOPMENT 0.53% IT 1.31% IT 0.50% BUILDING 1.29% SYSTEMS 0.50% M 1.22%
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 5,643 265,608 82990 - Other business support service activities not elsewhere classified 491 58,068 70229 - Management consultancy activities other than financial management 411 42,290 62020 - Information technology consultancy activities 411 30,178 99999 - Dormant Company 310 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 309 19,049 96090 - Other service activities not elsewhere classified 186 29,009 56103 - Take-away food shops and mobile food stands 170 8,318 56101 - Licensed restaurants 154 8,782 74990 - Non-trading company 150 13,984 68209 - Other letting and operating of own or leased real estate 148 11,212 62012 - Business and domestic software development 129 9,752 41100 - Development of building projects 106 11,397 62090 - Other information technology service activities 101 12,837 56302 - Public houses and bars 82 6,285 70100 - Activities of head offices 78 4,204 43999 - Other specialised construction activities not elsewhere classified 76 8,761 68100 - Buying and selling of own real estate 76 7,106 63990 - Other information service activities not elsewhere classified 74 6,157 69201 - Accounting and auditing activities 72 7,528
Recent Companies
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Randomly selected companies from this quarter
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