Mitcham, Surrey

Q1 2010 Business Confidence Report

Headlines

  • January 2010 saw a new record in company registrations in Mitcham when compared to any previous January.
  • February 2010 saw a new record in company closures in Mitcham when compared to any previous February.
  • January 2010 saw a new record in net growth in Mitcham when compared to any previous January.
  • Q1 2010 saw a new record in UK company share in Mitcham when compared to any previous Q1.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 146 companies were registered in Mitcham during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 24.8% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)MitchamUK
    2010146105,137
    200911791,034
    % change24.8%15.5%
    Record Year 2007 (152) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company registrations in Mitcham when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010444359
    New companies in 2009334440
    % change33.3%-2.3%47.5%
    Record Year2010 (44)2007 (46)2007 (71)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 103 companies were dissolved in Mitcham during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 7.2% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)MitchamUK
    201010382,677
    2009111108,060
    % change-7.2%-23.5%
    Record Year 2009 (111) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Mitcham when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010203845
    Closed companies in 2009171579
    % change17.6%153.3%-43%
    Record Year2005 (43)2010 (38)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Mitcham during the first quarter of 2010 (Jan 2010 - Mar 2010) was 43 companies.

    first quarter (Jan 2010 - Mar 2010)MitchamUK
    20104322,460
    20096-17,026
    Record Year 2007 (82) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in net growth in Mitcham when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201024514
    Net growth in 20091629-39
    Record Year2010 (24)2009 (29)2007 (46)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Mitcham formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Mitcham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 2010 (0.1%)
    Company Share by Quarter

    Q1 2010 saw a new record in UK company share in Mitcham when compared to any previous Q1.

  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.1%0.1%
    UK formation share in 20090.1%0.2%0.1%
    % change23.8%-16.3%22.6%
    Record Year1973 (0.2%)1968 (0.3%)1969 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 40.8.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Mitcham was in 1861 when 40.0% of all directors were female.

    26.8% of all director appointments in Mitcham in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    LONDON1.53%MANAGEMENT5.01%
    CARS1.27%CONSULTING4.60%
    MANAGEMENT1.27%CONSULTANCY2.87%
    INTERNATIONAL1.15%PROPERTY2.50%
    CONSULTANCY1.02%ASSOCIATES2.04%
    S0.89%TRADING1.93%
    CONSTRUCTION0.89%DESIGN1.91%
    CONSULTANTS0.89%CONSTRUCTION1.87%
    CONSULTING0.76%MEDIA1.84%
    CENTRE0.64%BUSINESS1.74%
    MARKETING0.64%INTERNATIONAL1.73%
    GLOBAL0.64%CONSULTANTS1.63%
    40.64%ENGINEERING1.54%
    H0.64%J1.48%
    GROUP0.64%LONDON1.45%
    HIRE0.64%INVESTMENTS1.45%
    SECURITY0.64%GROUP1.37%
    STORAGE0.51%GLOBAL1.35%
    R0.51%PROPERTIES1.35%
    FOOD0.51%BUILDING1.34%
    FOUNDATION0.51%CARE1.33%
    HOMES0.51%ELECTRICAL1.30%
    FOODS0.51%M1.28%
    TRADING0.51%SYSTEMS1.25%
    COMMUNICATIONS0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied384228,645
    7487 - Other business activities7274,904
    7222 - Other software consultancy and supply189,659
    9999 - Dormant Company1719,948
    9305 - Other service activities179,038
    7414 - Business & management consultancy1517,003
    4545 - Other building completion153,346
    7260 - Other computer related activities1510,331
    7499 - Non-trading company1415,398
    5530 - Restaurants104,798
    96090 - Other service activities not elsewhere classified108,154
    4521 - General construction & civil engineering99,325
    82990 - Other business support service activities not elsewhere classified926,974
    62020 - Information technology consultancy activities99,943
    43999 - Other specialised construction activities not elsewhere classified83,069
    99999 - Dormant Company713,808
    4525 - Other special trades construction72,434
    8514 - Other human health activities72,640
    8532 - Social work without accommodation71,133
    70229 - Management consultancy activities other than financial management714,007

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07209461 DAISY Q LTD 31 Mar 2010
    07209345 POUND WORTHY LTD 31 Mar 2010
    07207419 CANKAY LIMITED 30 Mar 2010
    07206705 HYPERMOTION LIMITED 29 Mar 2010
    07205916 EURO TRANS (UK) LTD 29 Mar 2010
    07205039 BROOKVEX ACADEMY LIMITED 26 Mar 2010
    07204444 TECHNICAL SUPPORT SPECIALIST LIMITED 26 Mar 2010
    07201308 SAIMA LIMITED 24 Mar 2010
    07198441 SHOBAIL LTD 22 Mar 2010
    07197383 CLASSIC ACCOUNTANCY SERVICES (UK) LTD 22 Mar 2010
    07193256 SPRINTPORT LIMITED 17 Mar 2010
    07191628 JAPANESE IMPORT SPECIALISTS LIMITED 16 Mar 2010
    07190936 JENCOG SERVICES LIMITED 16 Mar 2010
    07189300 SAM ONIGBANJO LIMITED 15 Mar 2010
    07188695 PARTNER MAX LTD 15 Mar 2010
    07187778 ORNATE GLOBAL GROUP LTD 12 Mar 2010
    07187320 LDV LONDON LIMITED 12 Mar 2010
    07183832 COMPANY PROPERTIES LTD 10 Mar 2010
    07183687 KART TRANS LTD 10 Mar 2010
    07182353 CANDY SYSTEMS LTD 09 Mar 2010
    07181567 NELLA RESTAURANT LTD 08 Mar 2010
    07179213 CHANCELLORS ACCOUNTANCY LIMITED 05 Mar 2010
    07176760 MIJAGII LTD 03 Mar 2010
    07174771 HP MOTORCYCLES LTD 02 Mar 2010
    07172838 UGO VEHICLE SIGN LIMITED 01 Mar 2010