Business Services in Lerwick

Lerwick has 423 active companies registered at a local address, of which 44 were incorporated in the last 12 months. Lerwick works well for business activity, ranking 1st in Shetland when counting the number of active businesses. The most popular business areas operating in Lerwick include: marine fishing; other service activities; and other letting and operating of own or leased real estate.

Lerwick Company Scorecard

Out of Lerwick's 638 total incorporated companies, 44 were formed in the last 12 months.

638

Total Incorporations

423

Active Companies

215

Total Dissolved

Lerwick's Business Profile

The most common business sectors in Lerwick include the 58 companies working in construction, 57 companies working in agriculture, forestry and fishing, and 54 companies working in wholesale and retail trade including repair of motor vehicles. The business sectors with the least activity include education with 4 active companies, public administration and defence; compulsory social security with 2 active companies, and mining and quarrying with 1 active companies.

Business Sector Current Active Companies Incorporated Total Dissolved Total
Construction 58 91 33
Agriculture, Forestry and Fishing 57 67 10
Wholesale and retail trade including repair of motor vehicles 54 74 20
Other service activities 51 68 17
Professional, scientific and technical activities 38 71 33
Accommodation and food service activities 37 57 20
Manufacturing 36 48 12
Real estate activities 30 36 6
Administrative and support service activities 29 54 25
Human health and social work activities 16 19 3
Information and communication 13 23 10
Financial and insurance activities 11 15 4
Transportation and storage 10 21 11
Arts, entertainment and recreation 9 20 11
Electricity, gas, steam and air conditioning supply 5 6 1
Education 4 8 3
Public administration and defence; compulsory social security 2 2 0
Mining and Quarrying 1 4 3
Water supply, sewerage, waste management and remediation activities 0 1 1

Company Trends in Lerwick

Looking at the big changes in Lerwick's businesses over the last five years, the biggest increase was in marine fishing now making up 12% of active businesses, a total of 52 companies. The next big increase was activities of other holding companies which now makes up 1.89% of active businesses in Lerwick, a change of 583% from the 0.28% percentage share seen in 2018. Take-away food shops and mobile food stands also saw positive growth, currently representing 1.89% of Lerwick's active companies.

Notable changes in Lerwick's business sectors include a rise of 369% in financial and insurance activities since 2018, a rise of 28% in manufacturing, and rise of 13% in agriculture, forestry and fishing.

Company Type Current Active Businesses Incorporated Total Dissolved Total
Marine fishing 52 56 4
Other service activities 41 56 15
Other letting and operating of own or leased real estate 25 29 4
Other business support service activities 11 27 16
Construction of other civil engineering projects 10 14 4
Development of building projects 9 11 2
Other engineering activities 9 17 8
Other human health activities 9 11 2
Activities of other holding companies 8 8 0
Take-away food shops and mobile food stands 8 9 1
Public houses and bars 7 10 3
Unlicensed restaurants and cafes 7 9 2
Construction of domestic buildings 7 10 3
Other holiday and other collective accommodation 7 7 0
Electrical installation 7 12 5
Maintenance and repair of motor vehicles 7 9 2
Plumbing, heat and air-conditioning installation 6 7 1
Joinery installation 6 9 3
Repair and maintenance of ships and boats 5 5 0
Other retail sale in non-specialised stores 5 6 1

Company Names & Word Choices in Lerwick

The top 5 most popular words used by active companies registered in Lerwick are SHETLAND, FISHING, SERVICES, LERWICK, and ENGINEERING.

Lerwick's Oldest Companies

The oldest company in Lerwick is Sumburgh Company Limited at 99 years, 8 months, and 4 days old.

Company Name Business Incorporated Age
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Sumburgh Company Limited Other letting and operating of own or leased real estate 25 Mar 1924 99 years
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Macleod & Maclean Limited Other letting and operating of own or leased real estate 05 Dec 1924 98 years
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The Shetland Times Limited Publishing of newspapers 15 Oct 1942 81 years
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John Tulloch (Shetland Products) Limited Non-specialised wholesale of food, beverages and tobacco 08 Jun 1948 75 years
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Jamieson And Smith (Shetland Wool Brokers) Limited Non-specialised wholesale trade 04 Sep 1951 72 years
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Bolts Shetland Limited Retail sale in non-specialised stores with food, beverages or tobacco predominating 01 Apr 1959 64 years
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Leask Motor Garage (Lerwick) Limited Sale of new cars and light motor vehicles 27 Aug 1973 50 years
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H.N.P. Engineers (Lerwick) Limited Repair and maintenance of ships and boats 30 Jul 1974 49 years
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Sullom Voe Association Limited (The) Environmental consulting activities 23 Jun 1975 48 years
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Garriock Bros.Limited Construction of other civil engineering projects 17 Sep 1975 48 years

Multiple Company Registrations in Lerwick

Counting the number of companies registered at each address in Lerwick, we have found that the top 10 addresses have 85 active businesses registered at them.

Addresss Postcode Active Companies
Mair's Quay, Holmsgarth ZE1 0PW 33
47 Commercial Road ZE1 0NJ 11
2 North Ness Business Park, Lerwick ZE1 0LZ 10
2 North Ness Business Park ZE1 0LZ 6
First Floor, 68 Commercial Street ZE1 0DL 5
22 Commercial Road, Lerwick ZE1 0LX 5
Market House, 14 Market Street ZE1 0JP 5
6 Greenfield Place, Lerwick ZE1 0AQ 4
6 West Hillcrest, Lerwick ZE1 0JZ 3
C/O Garriock Bros. Limited Unit 30, Gremista Industrial Estate ZE1 0PX 3

Lerwick's Most Recently Formed Companies

Company Name Business Incorporated Age
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Rcg Fishing Ltd Marine fishing 28 Nov 2023 1 days
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Paint-Tec Shetland Ltd Painting 24 Nov 2023 5 days
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R.G Energy Ltd Engineering related scientific and technical consulting activities 22 Nov 2023 7 days
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Eddlewood Ltd Hotels and similar accommodation 03 Nov 2023 26 days
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Haar Sauna Ltd Physical well-being activities 20 Oct 2023 40 days
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Manson & Mair Enterprises Ltd Hotels and similar accommodation 28 Sep 2023 62 days
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Creative Consulting Shetland Limited Management consultancy activities other than financial management 28 Sep 2023 62 days
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Explore Shetland Ltd Renting and leasing of cars and light motor vehicles 22 Sep 2023 68 days
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Ess Ess Ltd Construction of other civil engineering projects 20 Sep 2023 70 days
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Tickettovalhalla Ltd Other manufacturing 11 Sep 2023 79 days
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Ek Builders Ltd Construction of domestic buildings 04 Sep 2023 86 days
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Campion Comms & Coaching Ltd Other education 01 Sep 2023 89 days
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Diadent Limited Dental practice activities 29 Aug 2023 92 days
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Asl Scaffolding Ltd Other service activities 22 Aug 2023 99 days
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Mdcb Cross Ltd Plumbing, heat and air-conditioning installation 14 Aug 2023 107 days
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Paulbax Limited Data processing, hosting and related activities 11 Aug 2023 110 days
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Windoors Limited Other building completion and finishing 09 Aug 2023 112 days
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Eldamato Ltd Preparation and spinning of textile fibres 04 Jul 2023 148 days
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Laurenson Fogralea Limited Other letting and operating of own or leased real estate 22 Jun 2023 160 days
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Archer Mech Ltd Repair and maintenance of ships and boats 22 Jun 2023 160 days

Frequently Asked Questions about Business in Lerwick

How many companies are there in Lerwick?

There are 423 active companies in Lerwick as of Nov 2023. In total, 638 companies have been incorporated, and 215 have been dissolved.

What is the most common type of company in Lerwick?

Most companies in Lerwick are categorised under: construction. This accounts for 58 companies.

What are the most common SIC codes in Lerwick?

The most common SIC codes used by companies in Lerwick are: marine fishing; other service activities; and other letting and operating of own or leased real estate.

Which words do companies in Lerwick use in their names most often?

Businesses and companies in Lerwick most commonly used the words SHETLAND, FISHING, SERVICES, LERWICK, and ENGINEERING in their company names.

Last updated: 28 Nov 2023 21:30