Thursday 15 December, 2016
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
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