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

  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 (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.

    YearMidlothianUK
    20145,200582,051
    20136,243529,363
    20126,049491,893
    20115,183452,870
    20104,196400,358
    Record Year2013 (6,243)2014 (582,051)
    New Companies by Year
  2. 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)MidlothianUK
    20142,130281,320
    20133,106259,931
    % change-31.4%8.2%
    Record Year2013 (3,106)2014 (281,320)
    New Companies by Half Year
  3. 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)MidlothianUK
    20141,011137,906
    20131,472127,247
    % change-31.3%8.4%
    Record Year 2012 (1,701) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014398304309
    New companies in 2013553486433
    % change-28.0%-37.4%-28.6%
    Record Year2012 (602)2012 (580)2012 (519)

Closed Companies (dissolved)

  1. 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.

    YearMidlothianUK
    20143,168367,937
    20132,940332,213
    20122,776293,729
    20112,541314,524
    20103,339342,233
    Record Year2010 (3,339)2009 (533,789)
    Dissolved Companies by Year
  2. 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)MidlothianUK
    20141,629190,730
    20131,507177,021
    % change8.1%7.7%
    Record Year2010 (1,632)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)MidlothianUK
    201482589,060
    201373590,851
    % change12.2%-2.0%
    Record Year 2010 (919) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014370246209
    Closed companies in 2013255218262
    % change45.1%12.8%-20%
    Record Year2008 (556)2011 (275)2010 (300)

Net Company Growth

  1. 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.

    YearMidlothianUK
    20142,032214,114
    20133,303197,150
    20123,273198,164
    20112,642138,346
    201085758,125
    Record Year2013 (3,303)2007 (237,353)
    Net Growth by Year
  2. 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)MidlothianUK
    201450190,590
    20131,59982,910
    Record Year2012 (1,740)2003 (117,772)
    Net Growth by Half Year
  3. 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)MidlothianUK
    201418648,846
    201373736,396
    Record Year 2012 (1,097) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142858100
    Net growth in 2013298268171
    Record Year2012 (434)2012 (365)2012 (298)

UK Company Share

  1. 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.

    YearMidlothian
    20140.9%
    20131.2%
    20121.2%
    20111.1%
    20101.0%
    Record Year (since 1960)2012 (1.2%)
    Company Share by Year
  2. 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
    20140.8%
    20131.2%
    20121.3%
    20111.2%
    20101.1%
    Record Year (since 1960) 2012 (1.3%)
    Company Share by Half Year
  3. 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
    20140.7%
    20131.2%
    20121.4%
    20111.2%
    20101.0%
    Record Year (since 1960) 2012 (1.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.8%0.7%0.8%
    UK formation share in 20131.1%1.1%1.3%
    % change-31.5%-40.6%-38.9%
    Record Year2012 (1.3%)2012 (1.4%)2000 (1.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    LP8.46%CONSULTING5.22%
    EDINBURGH2.47%MANAGEMENT4.58%
    L.P.2.39%CONSULTANCY3.57%
    CONSULTING2.28%PROPERTY2.66%
    MANAGEMENT1.61%CONSTRUCTION2.12%
    PROPERTY1.36%ENGINEERING2.10%
    SCOTLAND1.32%CARE2.02%
    CONSULTANCY1.26%TRADING1.94%
    GP1.23%LONDON1.93%
    PARTNERS1.13%TRANSPORT1.93%
    GROUP1.11%DESIGN1.66%
    CAPITAL1.08%CONSULTANTS1.64%
    TRADING1.07%ELECTRICAL1.62%
    (SCOTLAND)1.03%PROPERTIES1.62%
    ACCESS1.00%BUSINESS1.56%
    INVESTMENTS0.86%J1.54%
    BUSINESS0.82%CO.,1.50%
    TRADE0.73%GLOBAL1.49%
    (EDINBURGH)0.63%INVESTMENTS1.48%
    ASSOCIATES0.63%ASSOCIATES1.47%
    GLOBAL0.61%DEVELOPMENTS1.35%
    ENERGY0.55%MEDIA1.33%
    DEVELOPMENT0.53%IT1.31%
    IT0.50%BUILDING1.29%
    SYSTEMS0.50%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,643265,608
    82990 - Other business support service activities not elsewhere classified49158,068
    70229 - Management consultancy activities other than financial management41142,290
    62020 - Information technology consultancy activities41130,178
    99999 - Dormant Company31048,509
    74909 - Other professional, scientific and technical activities not elsewhere classified30919,049
    96090 - Other service activities not elsewhere classified18629,009
    56103 - Take-away food shops and mobile food stands1708,318
    56101 - Licensed restaurants1548,782
    74990 - Non-trading company15013,984
    68209 - Other letting and operating of own or leased real estate14811,212
    62012 - Business and domestic software development1299,752
    41100 - Development of building projects10611,397
    62090 - Other information technology service activities10112,837
    56302 - Public houses and bars826,285
    70100 - Activities of head offices784,204
    43999 - Other specialised construction activities not elsewhere classified768,761
    68100 - Buying and selling of own real estate767,106
    63990 - Other information service activities not elsewhere classified746,157
    69201 - Accounting and auditing activities727,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC490510 DIRECT PROPERTY SERVICES (SCOTLAND) LIMITED 04 Nov 2014
    SC490621 VIAGOOSE LIMITED 06 Nov 2014
    SC491078 THE BAXTER PROPERTY MANAGEMENT LIMITED 12 Nov 2014
    SC491289 BROKENFOLDS WINDFARM LTD. 14 Nov 2014
    SC491581 BL WEST FARM RESIDENTIAL LIMITED 19 Nov 2014
    SC492165 H.W.ANDERSON HOLDING COMPANY LTD 27 Nov 2014
    SC490568 VKK NS LIMITED 05 Nov 2014
    SC490580 OBRIEN DEMOLITION LIMITED 05 Nov 2014
    SC490605 PARK LEISURE SCOTLAND LTD. 05 Nov 2014
    SC490616 THE SHIP INN (NORTH BERWICK) LTD 05 Nov 2014
    SC490927 AAC NEBO II PARTNERS (SCOTTISH) (2014) LIMITED 10 Nov 2014
    SC490962 MISTER LEE TAKEAWAY LTD 11 Nov 2014
    SC491081 DSD INSPECTION SERVICES LTD 12 Nov 2014
    SC491523 CRAFT DESIGN HOUSE LTD 18 Nov 2014
    SC491537 KESTIN HARE LIMITED 18 Nov 2014
    SC491678 KEYHAVEN CAPITAL PARTNERS IV GP LIMITED 20 Nov 2014
    SC491772 FIRESIDE TARTAN LTD 21 Nov 2014
    SC491791 KIM WILSON LTD 21 Nov 2014
    SC491866 IC DEVELOPMENT LIMITED 24 Nov 2014
    SC491875 MEDITEXTS UK LIMITED 24 Nov 2014
    SC491942 TASTE FRESHER TEAS LIMITED 25 Nov 2014
    SC491943 CJ HOGAN SURVEY LIMITED 25 Nov 2014
    SC492233 CHEEK BY JOWL PRESENTATIONS LIMITED 28 Nov 2014
    SC490505 TEQUILA SOUP LTD 04 Nov 2014
    SC491360 INTEGRITY ASSET MANAGEMENT LIMITED 17 Nov 2014