Mitcham, Surrey

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Mitcham when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Mitcham when compared to any previous second half year.
  • Q4 2010 saw a new record in company closures in Mitcham when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Mitcham when compared to any previous November.
  • October 2010 saw a new record in company closures in Mitcham when compared to any previous October.
  • 2010 was a record year for UK company share in Mitcham when compared to any year in history.

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 (2010)

    2010 was a record year for company registrations in Mitcham when compared to any year in history.

    A total of 549 companies were formed in Mitcham in 2010. This total is 25.9% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearMitchamUK
    2010549400,358
    2009436362,675
    2008425349,203
    2007502457,649
    2006412405,440
    Record Year2010 (549)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Mitcham when compared to any previous second half year.

    In the second half of 2010 a total of 270 companies were formed in Mitcham. This figure is 45.9% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Mitcham occurred in 2010 when a total of 270 were formed.

    Half Year (Jul-Dec)MitchamUK
    2010270196,609
    2009185180,654
    % change45.9%8.8%
    Record Year2010 (270)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 104 companies were registered in Mitcham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 30.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)MitchamUK
    201010495,117
    20098085,983
    % change30.0%10.6%
    Record Year 2005 (155) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010413528
    New companies in 2009272726
    % change51.9%29.6%7.7%
    Record Year2005 (55)2005 (66)2005 (34)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 442 companies were dissolved in Mitcham in 2010. This total is 21.2% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearMitchamUK
    2010442342,232
    2009561533,773
    2008205237,901
    2007303220,295
    2006246200,166
    Record Year2009 (561)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 215 companies were dissolved in Mitcham. This figure is 4.4% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Mitcham occurred in 2009 when a total of 225 were closed.

    Half Year (Jul-Dec)MitchamUK
    2010215164,601
    2009225244,537
    % change-4.4%-32.7%
    Record Year2009 (225)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Mitcham when compared to any previous Q4.

    A total of 93 companies were dissolved in Mitcham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 5.7% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)MitchamUK
    20109376,896
    20098885,136
    % change5.7%-9.7%
    Record Year 2010 (93) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010314121
    Closed companies in 2009302335
    % change3.3%78.3%-40%
    Record Year2010 (31)2010 (41)2009 (35)

Net Company Growth

  1. Annual Data (2010)

    A total of 107 companies were added to the company register for Mitcham in 2010. This number represents growth of 24.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 232 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Mitcham company register grew by 242 companies.

    YearMitchamUK
    201010758,126
    2009-125-171,098
    2008220111,302
    2007199237,354
    2006166205,274
    Record Year2003 (242)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Mitcham increased by 55 companies.

    Half Year (Jul-Dec)MitchamUK
    20105532,008
    2009-40-63,883
    Record Year2005 (116)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Mitcham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 11 companies.

    fourth quarter (Oct 2010 - Dec 2010)MitchamUK
    20101118,221
    2009-8847
    Record Year 2005 (95) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201010-67
    Net growth in 2009-34-9
    Record Year2005 (44)2005 (41)2007 (18)

UK Company Share

  1. Annual Data (2010)

    2010 was a record year for UK company share in Mitcham when compared to any year in history.

    In 2010 Mitcham formed 0.1% of all UK companies. This is no change on 2009 when Mitcham was responsible for 0.1% of all UK companies.

    YearMitcham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)2010 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Mitcham formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Mitcham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Mitcham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 2005 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change32.9%15.9%2.5%
    Record Year1960 (0.2%)1966 (0.2%)1961 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 39.5.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 38.9.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 39.6.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 0.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Mitcham was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Mitcham in 2010 was 25.7%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Mitcham was 1860 when 42.9% of all directors were female.

    24.7% of all director appointments in Mitcham in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Mitcham was in 1977 when 31.1% of all directors were female.

    27.6% of all director appointments in Mitcham in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    LONDON1.86%CONSULTING5.06%
    MANAGEMENT1.20%MANAGEMENT5.01%
    CONSULTANTS1.09%CONSULTANCY3.14%
    CONSTRUCTION0.88%PROPERTY2.36%
    CONSULTING0.88%TRADING2.11%
    ELECTRICAL0.77%ASSOCIATES1.95%
    CENTRE0.77%DESIGN1.92%
    INTERNATIONAL0.66%BUSINESS1.82%
    (LONDON)0.66%CONSTRUCTION1.82%
    S0.66%CONSULTANTS1.76%
    BROOKVEX0.55%MEDIA1.71%
    CARS0.55%ENGINEERING1.62%
    PROPERTY0.55%LONDON1.60%
    TRADING0.55%CARE1.45%
    ENGINEERING0.55%INVESTMENTS1.44%
    GLOBAL0.55%GLOBAL1.43%
    COLLEGE0.44%J1.42%
    CARE0.44%IT1.41%
    PERFECT0.44%PROPERTIES1.34%
    CLEANING0.44%INTERNATIONAL1.34%
    CLEANERS0.44%BUILDING1.34%
    40.44%M1.30%
    CHICKEN0.44%ELECTRICAL1.25%
    FOOD0.44%SYSTEMS1.24%
    EDUCATION0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied348199,572
    7487 - Other business activities5363,348
    7414 - Business & management consultancy2213,474
    9999 - Dormant Company2020,144
    9305 - Other service activities198,858
    7260 - Other computer related activities168,089
    7222 - Other software consultancy and supply117,298
    6022 - Taxi operation11654
    4545 - Other building completion112,598
    99999 - Dormant Company1016,285
    4521 - General construction & civil engineering96,598
    96090 - Other service activities not elsewhere classified88,799
    7499 - Non-trading company812,000
    62020 - Information technology consultancy activities89,177
    8532 - Social work without accommodation71,072
    43999 - Other specialised construction activities not elsewhere classified72,854
    82990 - Other business support service activities not elsewhere classified727,550
    70229 - Management consultancy activities other than financial management714,505
    74990 - Non-trading company68,243
    7470 - Other cleaning activities61,315

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07454745 M R ELECTRICAL SERVICES (LONDON) LIMITED 30 Nov 2010
    07452712 BRUTUS LAYFIELD INC LTD 26 Nov 2010
    07449637 HUMBLE SEAS LTD 24 Nov 2010
    07448301 GRC360 LTD 23 Nov 2010
    07448076 PARKER & BARTLEY LIMITED 23 Nov 2010
    07448068 MERMAID APPS LIMITED 23 Nov 2010
    07447167 AL-RAHEEQ FOODS LIMITED 22 Nov 2010
    07446290 SOCIAL ENTERPRISE MERTON C.I.C. 22 Nov 2010
    07440660 HYDRAULIC RAM REPAIRS UK LTD 16 Nov 2010
    07437183 PREHOC SOLUTIONS LTD 11 Nov 2010
    07433372 SPM INVESTMENT LIMITED 09 Nov 2010
    07433253 KANTI & CO. LTD 09 Nov 2010
    07432315 KIRBY BURGER LTD 08 Nov 2010
    07431058 TRINCONIC LIMITED 05 Nov 2010
    07430674 TPG PROMOTIONS LTD 05 Nov 2010
    07429783 BISON BISON LTD 04 Nov 2010
    07429691 STRAWBERRY BODYCARE LTD 04 Nov 2010
    07428912 TELCOSERVICES LIMITED 03 Nov 2010
    07428898 MUSIQ 4 THE SOUL LTD 03 Nov 2010
    07428585 VINEST & FAM LTD 03 Nov 2010
    07426046 D A CEILINGS LTD 02 Nov 2010
    07426045 STONE ART MASONRY LTD 02 Nov 2010
    07425755 GZG SERVICES LIMITED 01 Nov 2010
    07425476 KANAFA CAFE LIMITED 01 Nov 2010
    07425189 MCDONALD ENGINEERING SERVICES LIMITED 01 Nov 2010