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

  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 (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.

    YearMotherwellUK
    2010205400,358
    2009170362,675
    2008154349,203
    2007193457,649
    2006150405,440
    Record Year2010 (205)2007 (457,649)
    New Companies by Year
  2. 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)MotherwellUK
    2010102196,609
    200981180,654
    % change25.9%8.8%
    Record Year2010 (102)2003 (201,446)
    New Companies by Half Year
  3. 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)MotherwellUK
    20105095,117
    20094085,983
    % change25.0%10.6%
    Record Year 2007 (51) 2010 (95,117)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2010201911
    New companies in 200922108
    % change-9.1%90.0%37.5%
    Record Year2007 (24)2010 (19)2002 (13)

Closed Companies (dissolved)

  1. 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.

    YearMotherwellUK
    2010138342,232
    2009139533,773
    200851237,901
    200779220,295
    200656200,166
    Record Year2009 (139)2009 (533,773)
    Dissolved Companies by Year
  2. 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)MotherwellUK
    201071164,601
    200972244,537
    % change-1.4%-32.7%
    Record Year2009 (72)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)MotherwellUK
    20104276,896
    20093085,136
    % change40.0%-9.7%
    Record Year 2010 (42) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010121416
    Closed companies in 20091596
    % change-20.0%55.6%167%
    Record Year2008 (16)2010 (14)2010 (16)

Net Company Growth

  1. 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.

    YearMotherwellUK
    20106758,126
    200931-171,098
    2008103111,302
    2007114237,354
    200694205,274
    Record Year2007 (114)2003 (242,543)
    Net Growth by Year
  2. 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)MotherwellUK
    20103132,008
    20099-63,883
    Record Year2007 (59)2003 (117,772)
    Net Growth by Half Year
  3. 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)MotherwellUK
    2010818,221
    200910847
    Record Year 2007 (39) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201085-5
    Net growth in 2009712
    Record Year2007 (22)2007 (13)2002 (12)

UK Company Share

  1. 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.

    YearMotherwell
    20100.1%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1972 (0.1%)
    Company Share by Year
  2. 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
    20100.1%
    20090.0%
    20080.0%
    20070.1%
    20060.0%
    Record Year (since 1960) 1966 (0.1%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.0%
    20080.0%
    20070.1%
    20060.0%
    Record Year (since 1960) 1967 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.0%
    UK formation share in 20090.1%0.0%0.0%
    % change-20.3%69.6%30.6%
    Record Year1985 (0.2%)1973 (0.1%)1962 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT6.85%CONSULTING5.06%
    INVESTMENT4.38%MANAGEMENT5.01%
    (SCOTLAND)3.29%CONSULTANCY3.14%
    SCOTLAND1.10%PROPERTY2.36%
    ENGINEERING1.10%TRADING2.11%
    ROOFING1.10%ASSOCIATES1.95%
    CONSULTING1.10%DESIGN1.92%
    SALES1.10%BUSINESS1.82%
    CAPITAL0.82%CONSTRUCTION1.82%
    INVESTMENTS0.82%CONSULTANTS1.76%
    ALLOWANCES0.82%MEDIA1.71%
    ONLINE0.82%ENGINEERING1.62%
    ASSOCIATES0.82%LONDON1.60%
    RENEWABLES0.82%CARE1.45%
    C0.82%INVESTMENTS1.44%
    RECYCLING0.82%GLOBAL1.43%
    SECURE0.82%J1.42%
    SECURITY0.82%IT1.41%
    BRANNA0.82%PROPERTIES1.34%
    DIRECT0.82%INTERNATIONAL1.34%
    TPP0.55%BUILDING1.34%
    CONSTRUCTION0.55%M1.30%
    BEAUTY0.55%ELECTRICAL1.25%
    HEALTH0.55%SYSTEMS1.24%
    MOTHERWELL0.55%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied75199,572
    7487 - Other business activities2763,348
    82990 - Other business support service activities not elsewhere classified2727,550
    99999 - Dormant Company2016,285
    9999 - Dormant Company820,144
    68209 - Other letting and operating of own or leased real estate63,755
    4521 - General construction & civil engineering66,598
    96090 - Other service activities not elsewhere classified58,799
    4525 - Other special trades construction41,811
    49410 - Freight transport by road42,008
    56101 - Licensed restaurants32,446
    93199 - Other sports activities31,403
    70229 - Management consultancy activities other than financial management314,505
    43999 - Other specialised construction activities not elsewhere classified32,854
    7499 - Non-trading company312,000
    3720 - Recycling non-metal waste & scrap3460
    6523 - Other financial intermediation32,178
    56103 - Take-away food shops and mobile food stands21,435
    86230 - Dental practice activities21,222
    43210 - Electrical installation22,980

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC388023 RES INVESTMENTS LTD 02 Nov 2010
    SC388024 JR SOFTWARE SOLUTIONS LIMITED 02 Nov 2010
    SC388044 STUD RECYCLING LTD. 02 Nov 2010
    SC388173 G1 CONSTRUCTION (SCOTLAND) LTD 03 Nov 2010
    SC388337 BROOK INVESTMENT MANAGEMENT LTD 05 Nov 2010
    SC388347 GARY HILTON PROMOTIONS LIMITED 05 Nov 2010
    SC388445 LABRON TECHNICAL LTD. 09 Nov 2010
    SC388646 GIBSON TRANSPORT SOLUTIONS LTD 11 Nov 2010
    SC388729 KERR TRANSPORT (SCOTLAND) LIMITED 12 Nov 2010
    SC388732 JCC INVESTMENT MANAGEMENT LTD 12 Nov 2010
    SC388798 ACORN RECYCLING LIMITED 15 Nov 2010
    SC388930 NEMEC LIMITED 16 Nov 2010
    SC389058 EPIPHANY PUBLISHING LTD 18 Nov 2010
    SC389108 TRIARCH SCOTLAND LIMITED 18 Nov 2010
    SC389149 KM PEARSON LTD. 19 Nov 2010
    SC389151 TRINITY FACILITIES SERVICES LTD. 19 Nov 2010
    SC389221 CAMAINET LIMITED 22 Nov 2010
    SC389491 AKP INVESTMENT MANAGEMENT LTD 25 Nov 2010
    SC389642 YOUR - SECURE LIMITED 29 Nov 2010

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