Motherwell, Lanarkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company closures in Motherwell when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Motherwell when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Motherwell when compared to any half year in history.
  • November 2014 saw a new record in company closures in Motherwell when compared to any previous November.
  • October 2014 saw a new record in company closures in Motherwell when compared to any previous October.

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 305 companies were formed in Motherwell in 2014. This total is 4.8% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMotherwellUK
    2014305582,051
    2013291529,363
    2012539491,893
    2011320452,870
    2010205400,358
    Record Year2012 (539)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 147 companies were formed in Motherwell. This figure is 31.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Motherwell occurred in 2012 when a total of 235 were formed.

    Half Year (Jul-Dec)MotherwellUK
    2014147281,320
    2013112259,931
    % change31.3%8.2%
    Record Year2012 (235)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 76 companies were registered in Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 61.7% versus the same period last year (Q4 2013). This figure compares well 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)MotherwellUK
    201476137,906
    201347127,247
    % change61.7%8.4%
    Record Year 2011 (110) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014272425
    New companies in 2013141914
    % change92.9%26.3%78.6%
    Record Year2012 (44)2011 (39)2011 (28)

Closed Companies (dissolved)

  1. Annual Data (2014)

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

    A total of 195 companies were dissolved in Motherwell in 2014. This total is 18.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMotherwellUK
    2014195367,937
    2013164332,213
    2012131293,729
    2011123314,524
    2010138342,233
    Record Year2014 (195)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

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

    In the second half of 2014 a total of 100 companies were dissolved in Motherwell. This figure is 9.9% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Motherwell occurred in 2014 when a total of 100 were closed.

    Half Year (Jul-Dec)MotherwellUK
    2014100190,730
    201391177,021
    % change9.9%7.7%
    Record Year2014 (100)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 52 companies were dissolved in Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 20.9% 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)MotherwellUK
    20145289,060
    20134390,851
    % change20.9%-2.0%
    Record Year 2014 (52) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014191716
    Closed companies in 2013111616
    % change72.7%6.3%0%
    Record Year2014 (19)2014 (17)2014 (16)

Net Company Growth

  1. Annual Data (2014)

    A total of 110 companies were added to the company register for Motherwell in 2014. This number represents growth of 36.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 17 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Motherwell company register grew by 408 companies.

    YearMotherwellUK
    2014110214,114
    2013127197,150
    2012408198,164
    2011197138,346
    20106758,125
    Record Year2012 (408)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Motherwell increased by 47 companies.

    Half Year (Jul-Dec)MotherwellUK
    20144790,590
    20132182,910
    Record Year2012 (175)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 24 companies.

    fourth quarter (Oct 2014 - Dec 2014)MotherwellUK
    20142448,846
    2013436,396
    Record Year 2011 (71) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014879
    Net growth in 201333-2
    Record Year2012 (34)2011 (26)2011 (15)

UK Company Share

  1. Annual Data (2014)

    In 2014 Motherwell formed 0.1% of all UK companies. This is no change on 2013 when Motherwell was responsible for 0.1% of all UK companies.

    YearMotherwell
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2012 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Motherwell formed 0.1% of all UK companies. This is more than the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Motherwell
    20140.1%
    20130.0%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Motherwell
    20140.1%
    20130.0%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2011 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.0%0.0%0.0%
    % change83.7%20.0%52.8%
    Record Year2011 (0.1%)2011 (0.1%)1991 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.2.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.7% 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 44.2.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.5% 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 44.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.4% 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 Motherwell was 1990 when 44.1% of all directors were female.

    The percentage of female directors in Motherwell in 2014 was 27.2%. 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 Motherwell was 2010 when 34.7% of all directors were female.

    22.4% of all director appointments in Motherwell 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 Motherwell was in 2010 when 38.5% of all directors were female.

    22.4% of all director appointments in Motherwell 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
    MOTHERWELL1.39%CONSULTING5.22%
    PARCH1.22%MANAGEMENT4.58%
    ELECTRICAL1.22%CONSULTANCY3.57%
    CONSULTANCY1.05%PROPERTY2.66%
    SCOTLAND1.05%CONSTRUCTION2.12%
    MANAGEMENT1.05%ENGINEERING2.10%
    CONSULTING0.87%CARE2.02%
    (SCOTLAND)0.87%TRADING1.94%
    HAIR0.70%LONDON1.93%
    MLD0.70%TRANSPORT1.93%
    BUSINESS0.70%DESIGN1.66%
    J0.70%CONSULTANTS1.64%
    ZAMBONINI0.70%ELECTRICAL1.62%
    S0.70%PROPERTIES1.62%
    ENERGY0.70%BUSINESS1.56%
    PROPERTIES0.70%J1.54%
    PROPERTY0.70%CO.,1.50%
    CONTRACTS0.52%GLOBAL1.49%
    CARE0.52%INVESTMENTS1.48%
    ACCOUNTANCY0.52%ASSOCIATES1.47%
    TRAVEL0.52%DEVELOPMENTS1.35%
    INSPECTION0.52%MEDIA1.33%
    ALL0.52%IT1.31%
    TECHNICAL0.52%BUILDING1.29%
    RAIL0.52%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    99999 - Dormant Company32848,509
    None Supplied161265,608
    82990 - Other business support service activities not elsewhere classified3658,068
    96090 - Other service activities not elsewhere classified2329,009
    70229 - Management consultancy activities other than financial management1642,290
    78109 - Other activities of employment placement agencies124,182
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating114,167
    71129 - Other engineering activities106,132
    62020 - Information technology consultancy activities930,178
    74909 - Other professional, scientific and technical activities not elsewhere classified919,049
    56302 - Public houses and bars86,285
    56103 - Take-away food shops and mobile food stands78,318
    43910 - Roofing activities71,475
    74990 - Non-trading company613,984
    45200 - Maintenance and repair of motor vehicles65,425
    69201 - Accounting and auditing activities57,528
    56290 - Other food services54,616
    41202 - Construction of domestic buildings57,559
    86900 - Other human health activities512,976
    56101 - Licensed restaurants48,782

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC488053 R&J CONSULTING SCOTLAND LTD 02 Oct 2014
    SC488287 SB TRANSPORT (UK) LIMITED 06 Oct 2014
    SC488445 TECH SCOTLAND LIMITED 08 Oct 2014
    SC488514 MOO DOG WOODGREEN LIMITED 09 Oct 2014
    SC488519 ALL SHE KNOWS LTD 09 Oct 2014
    SC488531 HURST SPA LTD 09 Oct 2014
    SC488538 COFFEE PROPERTY LIMITED 09 Oct 2014
    SC488580 SHUG HARVEY LIMITED 09 Oct 2014
    SC488659 JUST CARPETS FACTORY FLOORING LTD 10 Oct 2014
    SC488761 YESCONNECT LTD 13 Oct 2014
    SC488938 PLAN18 LIMITED 14 Oct 2014
    SC488978 SLG PROJECT MANAGEMENT LIMITED 15 Oct 2014
    SC489098 CAKE & ALL LTD. 17 Oct 2014
    SC489165 S.D.L. LIFTING LTD. 17 Oct 2014
    SC489216 SOLAS DESIGN LTD 20 Oct 2014
    SC489316 SHIKOOL LTD 20 Oct 2014
    SC489338 LPS BUILDING SERVICES LTD. 20 Oct 2014
    SC489356 LUBE OILS DIRECT LTD 21 Oct 2014
    SC489409 WILLIAM BOLES MANAGEMENT LTD 21 Oct 2014
    SC489471 BBML LIMITED 22 Oct 2014
    SC489474 STEVENSON SPA LTD 22 Oct 2014
    SC489801 DH ACCOUNTANCY LIMITED 27 Oct 2014
    SC489891 WOOD CRESCENT 1969 LIMITED 27 Oct 2014
    SC489940 FIRST CHOICE TRAVEL LIMITED 28 Oct 2014
    SC490170 HOMELINK FACTORING SERVICES LTD 30 Oct 2014

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