Study reveals local business performance in relation to central London Tube lines





Study reveals local business performance in relation to central London Tube lines

Bakerloo line identified as top-performing line in both annual turnover and growth

DueDil, the data intelligence company that helps businesses find, verify and monitor their business relationships, has identified the top-performing Tube lines in Zone 1 based on business turnover and growth.

The study reveals that companies on the Bakerloo line represent both the highest average annual turnover and average growth rate when compared to businesses adjacent to other lines.

Every Tube line achieved an average annual growth rate of at least 15%, and averaged 18.69% across the lines. This compares favourably businesses across the rest of the UK, which have an average growth of 13.64%

Among individual stations, Waterloo has the highest average turnover and Bayswater has the highest average growth rate.

Companies included in the study were required to have a reported annual turnover in excess of £5 million and have a registered trading address in central London. The 11,475 companies that fit these criteria were subsequently mapped to their closest Zone 1 Tube station using latitude and longitude information from Postcode.io.

The Waterloo & City line is excluded from the results as it consists of only two stations, which does not offer a fair comparison with other lines.

Waterloo has the highest average annual turnover at £2,536,771,284 (£2.53 billion). It is followed by Paddington (£783 million), Victoria (£575 million), Cannon Street (£447 million) and St. Paul's (£283 million).

The high average turnover of companies local to Waterloo is primarily due to the presence of Royal Dutch Shell Group PLC and its subsidiary, Shell Trading International Limited. Both companies rank in the top three for annual turnover among all businesses included in the study.

Bayswater has the highest average growth rate at 77.75%. The station is followed by Gloucester Road (66.72%), Embankment (44.73%), Warren Street (35%) and Mansion House (33.84%).

-ENDS-

Appendix

Top 10 tube lines on average annual turnover:

Tube Line

Average Annual Growth Rate

Average Annual Turnover

Bakerloo

22.14%

£286,296,440

Jubilee

20.96%

£284,694,426

Victoria

20.24%

£222,234,973

Central

19.92%

£160,804,167

District

19.61%

£195,400,550

Piccadilly

19.22%

£151,464,664

Northern

18.08%

£236,620,467

Circle

17.43%

£175,930,727

Hammersmith & City

15.81%

£151,951,931

Metropolitan

15.71%

£149,739,703

Top 10 tube stations on average annual turnover:

London Tube Station

Average Annual Turnover

Average Annual Growth Rate

Waterloo

£2,647,903,496

19.63%

Paddington

£802,683,733

16.59%

Cannon Street

£471,020,077

21.05%

Victoria

£414,670,193

17.18%

St. Pauls

£302,938,326

18.53%

Warren Street

£297,364,303

35.00%

St. James's Park

£291,774,931

20.09%

Charing Cross

£275,336,090

22.67%

Barbican

£264,484,093

14.29%

Pimlico

£262,488,052

11.80%

Top 10 tube stations on average annual growth:


London Tube Station

Average Annual Growth Rate

Average Annual Turnover

Bayswater

77.75%

£27,918,956

Gloucester Road

66.72%

£31,929,199

Embankment

44.73%

£56,382,996

Warren Street

35.00%

£297,364,303

Mansion House

33.84%

£132,340,696

Earls Court

33.39%

£32,022,039

Bond Street

26.62%

£152,846,021

Piccadilly Circus

26.58%

£139,209,382

Oxford Circus

25.02%

£96,892,314

Marylebone

24.78%

£32,228,651

Top 10 companies on annual turnover:

Company

Annual Turnover

Annual Growth Rate

Closest Station

Royal Dutch Shell PLC

£183,000,000,000

-37.08%

Waterloo

HSBC Holdings PLC

£61,642,441,860

-3.35%

Tower Hill

Shell Trading International Limited

£47,113,500,415

-42.66%

Waterloo

Audible Limited

£43,664,011,000

48.23%

Barbican

Unilever PLC

£41,366,671,843

9.98%

Notting Hill Gate

Prudential Public Limited Company

£41,305,000,000

-31.30%

Cannon Street

Societe Generale

£34,450,453,195

-37.84%

Tower Hill

Glencore Energy UK Ltd

£33,118,512,817

-31.17%

Green Park

BHP Billiton PLC

£30,120,790,877

-31.97%

Victoria

Barclays Bank PLC

£29,753,000,000

-1.02%

Tower Hill

Top 10 companies on annual growth rate:

Company

Annual Growth Rate

Annual Turnover

Closest Station

CMEGroup International Market Data Limited

992.77%

£158,539,000

St Pauls

BG South Asia LNG Limited

935.99%

£679,702,102

Waterloo

SFDC EMEA Data Centre Limited

923.69%

£11,679,474

Liverpool Street

Abbeygate Helical(C4.1) LLP

918.31%

£6,276,769

Oxford Circus

Close Brothers Finance PLC

887.57%

£11,637,755

Liverpool Street

Interhealth Canada (UK) Limited

887.41%

£6,074,114

Gloucester Road

Aberdeen Infrastructure Investments (No 5) Limited

878.85%

£7,115,751

Mansion House

Greenland (United Kingdom) Investment Limited

878.73%

£17,870,042

Moorgate

Citigroup Capital UK Limited

874.81%

£63,665,000

Tower Hill

Beit Halochem UK

866.18%

£7,522,445

Marylebone

Top 5 companies for annual turnover on the Bakerloo Line:

Company Name

Annual Turnover

Annual Growth Rate

Royal Dutch Shell PLC

£183,000,000,000

-37.08%

Shell Trading International Limited

£47,113,500,415

-42.66%

Astrazeneca PLC

£18,271,093,692

-69.30%

BAE Systems PLC

£16,787,000,000

87.90%

BG Energy Holdings Limited

£11,941,137,322

-16.28%

Top 5 companies for annual turnover in Waterloo:

Company Name

Annual Turnover

Annual Growth Rate

Royal Dutch Shell PLC

£183,000,000,000

-37.10%

Shell Trading International Limited

£47,113,500,415

-42.70%

BG Energy Holdings Limited

£11,941,137,322

-16.30%

BG Global Energy Limited

£5,621,828,000

404.20%

Shell U.K. Limited

£4,600,000,000

-31.50%

Top 5 companies for annual growth in Bayswater:

Company Name

Annual Growth Rate

Annual Turnover

Woodsford Litigation Funding LTD

783.44%

£7,147,000

Paul Elliot LTD

184.00%

£6,044,268

Reward Gateway (UK) Ltd

18.12%

£171,699,318

Planet Organic Limited

16.57%

£24,226,437

Kingsridge Limited

8.97%

£10,333,020

About DueDil

DueDil is about intelligence: for every team, in every company, in every industry, that does business with other businesses.

DueDil helps solve the two biggest problems faced by companies – how to find new customers and avoid the risks associated with dealing with these businesses.

We help teams to identify the right companies to sell to, get insights into their business, and make a sale. But that’s only one part of the equation: dealing with the wrong business can severely damage a company. We provide the intelligence to prevent this.

At DueDil, we believe that one person’s risk is another’s opportunity and every team in every company should have the power to make intelligent decisions.

Since 2011, the London-based financial technology company has raised nearly $30m from respected investors in the US and UK, including Oak Investment Partners, Passion Capital and Notion Capital.


http://www.duedil.com

Contact details

Amelia Henderson

DueDil

amelia@duedil.com, (07) 8507 63009

Press release distributed by Pressat on behalf of DueDil, on Thursday 15 December, 2016. For more information subscribe and follow https://pressat.co.uk/


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