Motherwell, Lanarkshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company closures in Motherwell when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company closures in Motherwell when compared to any half year in history.
  • April 2014 saw a new record in company closures in Motherwell when compared to any previous April.
  • The record second quarter for female directors in Motherwell was in 2014 when 33.6% 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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 158 companies were formed in Motherwell. This figure is 11.7% lower than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Motherwell occurred in 2012 when a total of 304 were formed.

    Half Year (Jan-Jun)MotherwellUK
    2014158300,731
    2013179269,432
    % change-11.7%11.6%
    Record Year2012 (304)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 77 companies were registered in Motherwell during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 1.3% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)MotherwellUK
    201477150,009
    201378134,630
    % change-1.3%11.4%
    Record Year 2012 (151) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014233123
    New companies in 2013352617
    % change-34.3%19.2%35.3%
    Record Year2012 (59)2012 (49)2012 (43)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company closures in Motherwell when compared to any previous first half year.

    The first half of 2014 was a record first half year for company closures in Motherwell when compared to any half year in history.

    In the first half of 2014 a total of 95 companies were dissolved in Motherwell. This figure is 30.1% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Motherwell occurred in 2014 when a total of 95 were closed.

    Half Year (Jan-Jun)MotherwellUK
    201495177,207
    201373155,192
    % change30.1%14.2%
    Record Year2014 (95)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 44 companies were dissolved in Motherwell during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 33.3% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)MotherwellUK
    20144494,837
    20133377,278
    % change33.3%22.7%
    Record Year 2009 (52) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company closures in Motherwell when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014151613
    Closed companies in 201311148
    % change36.4%14.3%63%
    Record Year2014 (15)2009 (34)2009 (18)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Motherwell increased by 63 companies.

    Half Year (Jan-Jun)MotherwellUK
    201463123,524
    2013106114,240
    Record Year2012 (233)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Motherwell during the second quarter of 2014 (Apr 2014 - Jun 2014) was 33 companies.

    second quarter (Apr 2014 - Jun 2014)MotherwellUK
    20143355,172
    20134557,352
    Record Year 2012 (122) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201481510
    Net growth in 201324129
    Record Year2012 (48)2012 (43)2012 (31)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Motherwell formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Motherwell
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Motherwell formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Motherwell
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.0%0.1%0.0%
    UK formation share in 20130.1%0.1%0.0%
    % change-40.7%10.0%17.4%
    Record Year2012 (0.1%)2012 (0.1%)2012 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.3.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 42.4.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Motherwell was 2008 when 32.8% of all directors were female.

    31.3% of all director appointments in Motherwell in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Motherwell was in 2014 when 33.6% of all directors were female.

    33.6% of all director appointments in Motherwell in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MOTHERWELL1.54%CONSULTING5.16%
    (SCOTLAND)1.54%MANAGEMENT4.64%
    CONSULTANCY1.35%CONSULTANCY3.50%
    PARCH1.35%PROPERTY2.66%
    PROPERTIES0.96%TRADING2.03%
    CONSULTANTS0.77%ENGINEERING1.99%
    ENGINEERING0.77%CONSTRUCTION1.93%
    BUSINESS0.77%LONDON1.93%
    C0.77%CARE1.85%
    TECHNICAL0.58%DESIGN1.75%
    ASSOCIATES0.58%CONSULTANTS1.73%
    AUTO0.58%BUSINESS1.69%
    MANAGEMENT0.58%PROPERTIES1.63%
    HAIR0.58%TRANSPORT1.58%
    HOME0.58%GLOBAL1.55%
    ENERGY0.58%INVESTMENTS1.55%
    ENTERPRISES0.58%J1.51%
    CENTRE0.58%ASSOCIATES1.48%
    CONSULTING0.58%MEDIA1.44%
    SALTIRE0.58%ELECTRICAL1.40%
    SYSTEMS0.58%IT1.33%
    POWER0.58%DEVELOPMENTS1.33%
    RAIL0.58%BUILDING1.26%
    LANARKSHIRE0.58%M1.24%
    FINANCIAL0.58%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    99999 - Dormant Company39548,436
    None Supplied159261,557
    82990 - Other business support service activities not elsewhere classified4057,421
    70229 - Management consultancy activities other than financial management2240,250
    96090 - Other service activities not elsewhere classified2228,352
    74909 - Other professional, scientific and technical activities not elsewhere classified1119,058
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating113,928
    78109 - Other activities of employment placement agencies84,076
    56302 - Public houses and bars86,099
    56103 - Take-away food shops and mobile food stands87,840
    62020 - Information technology consultancy activities829,029
    71129 - Other engineering activities75,787
    43910 - Roofing activities71,460
    45200 - Maintenance and repair of motor vehicles65,375
    56290 - Other food services64,324
    93199 - Other sports activities54,027
    41202 - Construction of domestic buildings57,053
    32990 - Other manufacturing not elsewhere classified53,534
    69201 - Accounting and auditing activities57,415
    41100 - Development of building projects510,527

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC476693 GENERATION 5 (CARLUKE) LTD 02 May 2014
    SC476778 SALTIRE ACCOUNTANCY LTD 02 May 2014
    SC476785 GLENDEVERON ELECTRICAL LTD 06 May 2014
    SC476861 NEXUS 360 LTD 06 May 2014
    SC476958 SWT CONTRACTS LTD 07 May 2014
    SC477033 UK SCREEN ACTING ACADEMY LTD 07 May 2014
    SC477273 LEK ENTERPRISES LIMITED 09 May 2014
    SC477321 ALIS BROTHERS LTD 12 May 2014
    SC477372 MAITRA PROFESSIONALS LIMITED 12 May 2014
    SC477399 TILING MASTER LIMITED 12 May 2014
    SC477413 WELLGROVE LIMITED 12 May 2014
    SC477476 PROCRUIT LTD 13 May 2014
    SC477529 CURRENCY SURFING LTD 13 May 2014
    SC477666 RHINO GAS & RENEWABLES LTD 14 May 2014
    SC477680 RAVENSCRAIG BREWERY LIMITED 15 May 2014
    SC477688 DELIGHTS CAFE LTD 15 May 2014
    SC477732 CLYDE VALLEY AUTOCARE LIMITED 15 May 2014
    SC478045 CJO INSPECTIONS LTD. 20 May 2014
    SC478171 LOVEMADISON LIMITED 21 May 2014
    SC478191 RYMOE LIMITED 22 May 2014
    SC478214 CROSSHARE ELECTRONIC SECURITY SYSTEMS LTD 22 May 2014
    SC478339 GMKR LIMITED 23 May 2014
    SC478504 L&R UTILITIES LTD 27 May 2014
    SC478535 LOGICAL ALLTRADES LTD 27 May 2014
    SC478890 JONATHAN RITCHIE BUSINESS SYSTEMS CONSULTANCY LIMITED 30 May 2014

reports

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