Midlothian

Q1 2015 Business Confidence Report

Headlines

  • February 2015 saw a new record in company closures in Midlothian when compared to any previous February.
  • January 2015 saw a new record in company closures in Midlothian when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    A total of 1,237 companies were registered in Midlothian during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 30.9% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)MidlothianUK
    20151,237161,156
    20141,791150,722
    % change-30.9%6.9%
    Record Year 2014 (1,791) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015375404458
    New companies in 2014506609676
    % change-25.9%-33.7%-32.2%
    Record Year2014 (506)2014 (609)2014 (676)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 874 companies were dissolved in Midlothian during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 16.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)MidlothianUK
    201587489,523
    201474982,370
    % change16.7%8.7%
    Record Year 2015 (874) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Midlothian when compared to any previous February.

    January 2015 saw a new record in company closures in Midlothian when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015384273217
    Closed companies in 2014267232250
    % change43.8%17.7%-13%
    Record Year2015 (384)2015 (273)2013 (297)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Midlothian during the first quarter of 2015 (Jan 2015 - Mar 2015) was 363 companies.

    first quarter (Jan 2015 - Mar 2015)MidlothianUK
    201536371,633
    20141,04268,352
    Record Year 2014 (1,042) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015-9131241
    Net growth in 2014239377426
    Record Year2013 (242)2014 (377)2014 (426)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Midlothian formed 0.8% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Midlothian
    20150.8%
    20141.2%
    20131.2%
    20121.2%
    20111.0%
    Record Year (since 1960) 1993 (1.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.8%0.8%0.8%
    UK formation share in 20141.1%1.3%1.2%
    % change-27.3%-38.9%-38.2%
    Record Year2001 (1.3%)1993 (1.7%)1993 (1.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 45.0.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Midlothian was in 2013 when 26.8% of all directors were female.

    26.3% of all director appointments in Midlothian in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    EDINBURGH2.65%CONSULTING5.23%
    CONSULTING2.51%MANAGEMENT4.56%
    LP1.86%CONSULTANCY3.62%
    PROPERTY1.44%PROPERTY2.72%
    MANAGEMENT1.41%CONSTRUCTION2.19%
    CONSULTANCY1.39%CARE2.13%
    SCOTLAND1.28%ENGINEERING2.12%
    (SCOTLAND)1.28%LONDON1.91%
    GP1.18%TRADING1.88%
    CAPITAL0.86%TRANSPORT1.82%
    INVESTMENTS0.86%ELECTRICAL1.76%
    TRADING0.84%DESIGN1.65%
    BUSINESS0.69%PROPERTIES1.63%
    ASSOCIATES0.65%CO.,1.58%
    ENERGY0.63%J1.55%
    (EDINBURGH)0.62%CONSULTANTS1.54%
    IT0.60%BUSINESS1.49%
    DEVELOPMENT0.56%INVESTMENTS1.49%
    ELECTRICAL0.56%GLOBAL1.46%
    L.P.0.51%ASSOCIATES1.44%
    HOLDINGS0.49%DEVELOPMENTS1.36%
    CONSULTANTS0.49%BUILDING1.31%
    PROJECT0.47%IT1.30%
    DEVELOPMENTS0.46%MEDIA1.28%
    DESIGN0.44%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,089288,953
    82990 - Other business support service activities not elsewhere classified47158,522
    70229 - Management consultancy activities other than financial management41543,081
    62020 - Information technology consultancy activities40030,825
    74909 - Other professional, scientific and technical activities not elsewhere classified31619,098
    99999 - Dormant Company29249,474
    96090 - Other service activities not elsewhere classified19529,218
    56103 - Take-away food shops and mobile food stands1678,607
    56101 - Licensed restaurants1598,909
    68209 - Other letting and operating of own or leased real estate15711,600
    74990 - Non-trading company14313,794
    62012 - Business and domestic software development1289,651
    62090 - Other information technology service activities11112,862
    41100 - Development of building projects10511,863
    70100 - Activities of head offices794,223
    56302 - Public houses and bars766,355
    69201 - Accounting and auditing activities767,682
    68100 - Buying and selling of own real estate767,450
    43999 - Other specialised construction activities not elsewhere classified749,080
    86900 - Other human health activities7113,990

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC499138 DMD ANALYTICS LIMITED 27 Feb 2015
    SC497563 E-REELZ STREAMING SERVICES LTD 11 Feb 2015
    SC497731 MR BUCKLEY INTERIORS LIMITED 12 Feb 2015
    SC497844 CITY DETOX LTD 16 Feb 2015
    SC497851 SPITAKI LIMITED 16 Feb 2015
    SC498147 EDI FOUNTAINBRIDGE LIMITED 18 Feb 2015
    SC498545 TOSHIKO HEADQUARTERS LTD 20 Feb 2015
    SC498740 CROWNDREAM LTD 24 Feb 2015
    SC496510 ESKSTAR LTD 02 Feb 2015
    SC496923 CAMERON BOYLE CONSULTING LIMITED 05 Feb 2015
    SC496957 LAURISTON CLEANING SERVICIES LIMITED 05 Feb 2015
    SC497107 CLEAN LET LIMITED 06 Feb 2015
    SC497347 PEACEHILL GAS LIMITED 10 Feb 2015
    SC497373 LISA HOLDINGS LTD. 10 Feb 2015
    SC497688 SFQC LIMITED 12 Feb 2015
    SC497780 OES WIND VENTURES LTD 13 Feb 2015
    SC497921 BIG ISLAND FAMILY INVESTMENT COMPANY LIMITED 16 Feb 2015
    SC497922 MICHAEL MILLER FAMILY INVESTMENT COMPANY LIMITED 16 Feb 2015
    SC498095 MOF V INVESTORS (GP) LIMITED 17 Feb 2015
    SC498454 MT INTERNATIONAL LTD 20 Feb 2015
    SC498463 DLC INTERNATIONAL LTD 20 Feb 2015
    SC498470 NORD ENTERPRISES LTD 20 Feb 2015
    SC498471 CBS HOLDINGS LTD 20 Feb 2015
    SC498876 P1 HOSPITALITY SERVICES LTD 25 Feb 2015
    SC498952 LISTER SQUARE (NO. 224) LIMITED 26 Feb 2015