Motherwell, Lanarkshire
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company registrations in Motherwell when compared to any year in history.
- The second half of 2010 saw a new record in company registrations in Motherwell when compared to any previous second half year.
- November 2010 saw a new record in company registrations in Motherwell when compared to any previous November.
- Q4 2010 saw a new record in company closures in Motherwell when compared to any previous Q4.
- December 2010 saw a new record in company closures in Motherwell when compared to any previous December.
- November 2010 saw a new record in company closures in Motherwell when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
2010 was a record year for company registrations in Motherwell when compared to any year in history.
A total of 205 companies were formed in Motherwell in 2010. This total is 20.6% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Motherwell UK 2010 205 400,358 2009 170 362,675 2008 154 349,203 2007 193 457,649 2006 150 405,440 Record Year 2010 (205) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company registrations in Motherwell when compared to any previous second half year.
In the second half of 2010 a total of 102 companies were formed in Motherwell. This figure is 25.9% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Motherwell occurred in 2010 when a total of 102 were formed.
Half Year (Jul-Dec) Motherwell UK 2010 102 196,609 2009 81 180,654 % change 25.9% 8.8% Record Year 2010 (102) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 50 companies were registered in Motherwell during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 25.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Motherwell UK 2010 50 95,117 2009 40 85,983 % change 25.0% 10.6% Record Year 2007 (51) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company registrations in Motherwell when compared to any previous November.
New Companies by Month
October November December New companies in 2010 20 19 11 New companies in 2009 22 10 8 % change -9.1% 90.0% 37.5% Record Year 2007 (24) 2010 (19) 2002 (13)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 138 companies were dissolved in Motherwell in 2010. This total is 0.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Motherwell UK 2010 138 342,232 2009 139 533,773 2008 51 237,901 2007 79 220,295 2006 56 200,166 Record Year 2009 (139) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 71 companies were dissolved in Motherwell. This figure is 1.4% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Motherwell occurred in 2009 when a total of 72 were closed.
Half Year (Jul-Dec) Motherwell UK 2010 71 164,601 2009 72 244,537 % change -1.4% -32.7% Record Year 2009 (72) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Motherwell when compared to any previous Q4.
A total of 42 companies were dissolved in Motherwell during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 40.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Motherwell UK 2010 42 76,896 2009 30 85,136 % change 40.0% -9.7% Record Year 2010 (42) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company closures in Motherwell when compared to any previous December.
November 2010 saw a new record in company closures in Motherwell when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 12 14 16 Closed companies in 2009 15 9 6 % change -20.0% 55.6% 167% Record Year 2008 (16) 2010 (14) 2010 (16)
Net Company Growth
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Annual Data (2010)
A total of 67 companies were added to the company register for Motherwell in 2010. This number represents growth of 39.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 36 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Motherwell company register grew by 114 companies.
Year Motherwell UK 2010 67 58,126 2009 31 -171,098 2008 103 111,302 2007 114 237,354 2006 94 205,274 Record Year 2007 (114) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Motherwell increased by 31 companies.
Half Year (Jul-Dec) Motherwell UK 2010 31 32,008 2009 9 -63,883 Record Year 2007 (59) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Motherwell during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 8 companies.
fourth quarter (Oct 2010 - Dec 2010) Motherwell UK 2010 8 18,221 2009 10 847 Record Year 2007 (39) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 8 5 -5 Net growth in 2009 7 1 2 Record Year 2007 (22) 2007 (13) 2002 (12)
UK Company Share
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Annual Data (2010)
In 2010 Motherwell formed 0.1% of all UK companies. This is an improvement on 2009 when Motherwell was responsible for 0.0% of all UK companies.
Year Motherwell 2010 0.1% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1972 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Motherwell formed 0.1% of all UK companies. This is more than the 2009 figure of 0.0%.
Half Year (Jul-Dec) Motherwell 2010 0.1% 2009 0.0% 2008 0.0% 2007 0.1% 2006 0.0% Record Year (since 1960) 1966 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Motherwell formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Motherwell 2010 0.1% 2009 0.0% 2008 0.0% 2007 0.1% 2006 0.0% Record Year (since 1960) 1967 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.0% UK formation share in 2009 0.1% 0.0% 0.0% % change -20.3% 69.6% 30.6% Record Year 1985 (0.2%) 1973 (0.1%) 1962 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.6.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 48.0.
The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 49.1.
The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Motherwell was 1857 when 36.4% of all directors were female.
The percentage of female directors in Motherwell in 2010 was 30.3%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Motherwell was 1860 when 42.9% of all directors were female.
27.5% of all director appointments in Motherwell in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Motherwell was in 1977 when 31.1% of all directors were female.
28.2% of all director appointments in Motherwell in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 6.85% CONSULTING 5.06% INVESTMENT 4.38% MANAGEMENT 5.01% (SCOTLAND) 3.29% CONSULTANCY 3.14% SCOTLAND 1.10% PROPERTY 2.36% ENGINEERING 1.10% TRADING 2.11% ROOFING 1.10% ASSOCIATES 1.95% CONSULTING 1.10% DESIGN 1.92% SALES 1.10% BUSINESS 1.82% CAPITAL 0.82% CONSTRUCTION 1.82% INVESTMENTS 0.82% CONSULTANTS 1.76% ALLOWANCES 0.82% MEDIA 1.71% ONLINE 0.82% ENGINEERING 1.62% ASSOCIATES 0.82% LONDON 1.60% RENEWABLES 0.82% CARE 1.45% C 0.82% INVESTMENTS 1.44% RECYCLING 0.82% GLOBAL 1.43% SECURE 0.82% J 1.42% SECURITY 0.82% IT 1.41% BRANNA 0.82% PROPERTIES 1.34% DIRECT 0.82% INTERNATIONAL 1.34% TPP 0.55% BUILDING 1.34% CONSTRUCTION 0.55% M 1.30% BEAUTY 0.55% ELECTRICAL 1.25% HEALTH 0.55% SYSTEMS 1.24% MOTHERWELL 0.55% S 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 75 199,572 7487 - Other business activities 27 63,348 82990 - Other business support service activities not elsewhere classified 27 27,550 99999 - Dormant Company 20 16,285 9999 - Dormant Company 8 20,144 68209 - Other letting and operating of own or leased real estate 6 3,755 4521 - General construction & civil engineering 6 6,598 96090 - Other service activities not elsewhere classified 5 8,799 4525 - Other special trades construction 4 1,811 49410 - Freight transport by road 4 2,008 56101 - Licensed restaurants 3 2,446 93199 - Other sports activities 3 1,403 70229 - Management consultancy activities other than financial management 3 14,505 43999 - Other specialised construction activities not elsewhere classified 3 2,854 7499 - Non-trading company 3 12,000 3720 - Recycling non-metal waste & scrap 3 460 6523 - Other financial intermediation 3 2,178 56103 - Take-away food shops and mobile food stands 2 1,435 86230 - Dental practice activities 2 1,222 43210 - Electrical installation 2 2,980
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC386329 MITCHELL HOOKS & TACKS LTD 01 Oct 2010 SC386339 CP PERTH LTD. 01 Oct 2010 SC386490 IMRM MANAGEMENT LTD 05 Oct 2010 SC386522 FRAME MANAGEMENT SERVICES ( FMS ) LIMITED 06 Oct 2010 SC386666 PHOTOFLASH TRAVEL LTD. 07 Oct 2010 SC386840 U & L LIMITED 11 Oct 2010 SC386995 JOINERY & HEATING SERVICES LTD 13 Oct 2010 SC386998 STEPHEN GORMLEY ROOFING SERVICES LTD 13 Oct 2010 SC387118 BETA GUARD LTD. 15 Oct 2010 SC387164 OLIVER MARSHALL LIMITED 15 Oct 2010 SC387181 DISCOUNT COFFEE STORE LTD 18 Oct 2010 SC387182 NEXT DAY COFFEE LTD 18 Oct 2010 SC387299 RMK ENGINEERING LTD 19 Oct 2010 SC387366 GLENCAIRN BUILDERS & JOINERS LTD 20 Oct 2010 SC387536 ZANDERO LTD 22 Oct 2010 SC387649 TPP MANAGEMENT LTD 26 Oct 2010 SC387650 T.V.AE & SECURITY LTD. 26 Oct 2010 SC387652 TPP INVESTMENT MANAGEMENT LTD 26 Oct 2010 SC387779 TOP CLASS CAR SALES (GLASGOW) LIMITED 27 Oct 2010 SC387897 LEAF IT 2 US (SCOTLAND) LTD. 29 Oct 2010
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