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
New Company Registrations
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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.
Year Mitcham UK 2010 549 400,358 2009 436 362,675 2008 425 349,203 2007 502 457,649 2006 412 405,440 Record Year 2010 (549) 2007 (457,649) New Companies by Year
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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) Mitcham UK 2010 270 196,609 2009 185 180,654 % change 45.9% 8.8% Record Year 2010 (270) 2003 (201,446) New Companies by Half Year
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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) Mitcham UK 2010 104 95,117 2009 80 85,983 % change 30.0% 10.6% Record Year 2005 (155) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 41 35 28 New companies in 2009 27 27 26 % change 51.9% 29.6% 7.7% Record Year 2005 (55) 2005 (66) 2005 (34)
Closed Companies (dissolved)
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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.
Year Mitcham UK 2010 442 342,232 2009 561 533,773 2008 205 237,901 2007 303 220,295 2006 246 200,166 Record Year 2009 (561) 2009 (533,773) Dissolved Companies by Year
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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) Mitcham UK 2010 215 164,601 2009 225 244,537 % change -4.4% -32.7% Record Year 2009 (225) 2009 (244,537) Dissolved Companies by Half Year
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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) Mitcham UK 2010 93 76,896 2009 88 85,136 % change 5.7% -9.7% Record Year 2010 (93) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 31 41 21 Closed companies in 2009 30 23 35 % change 3.3% 78.3% -40% Record Year 2010 (31) 2010 (41) 2009 (35)
Net Company Growth
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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.
Year Mitcham UK 2010 107 58,126 2009 -125 -171,098 2008 220 111,302 2007 199 237,354 2006 166 205,274 Record Year 2003 (242) 2003 (242,543) Net Growth by Year
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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) Mitcham UK 2010 55 32,008 2009 -40 -63,883 Record Year 2005 (116) 2003 (117,772) Net Growth by Half Year
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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) Mitcham UK 2010 11 18,221 2009 -8 847 Record Year 2005 (95) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 10 -6 7 Net growth in 2009 -3 4 -9 Record Year 2005 (44) 2005 (41) 2007 (18)
UK Company Share
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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.
Year Mitcham 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 2010 (0.1%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1966 (0.2%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 2005 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 32.9% 15.9% 2.5% Record Year 1960 (0.2%) 1966 (0.2%) 1961 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.86% CONSULTING 5.06% MANAGEMENT 1.20% MANAGEMENT 5.01% CONSULTANTS 1.09% CONSULTANCY 3.14% CONSTRUCTION 0.88% PROPERTY 2.36% CONSULTING 0.88% TRADING 2.11% ELECTRICAL 0.77% ASSOCIATES 1.95% CENTRE 0.77% DESIGN 1.92% INTERNATIONAL 0.66% BUSINESS 1.82% (LONDON) 0.66% CONSTRUCTION 1.82% S 0.66% CONSULTANTS 1.76% BROOKVEX 0.55% MEDIA 1.71% CARS 0.55% ENGINEERING 1.62% PROPERTY 0.55% LONDON 1.60% TRADING 0.55% CARE 1.45% ENGINEERING 0.55% INVESTMENTS 1.44% GLOBAL 0.55% GLOBAL 1.43% COLLEGE 0.44% J 1.42% CARE 0.44% IT 1.41% PERFECT 0.44% PROPERTIES 1.34% CLEANING 0.44% INTERNATIONAL 1.34% CLEANERS 0.44% BUILDING 1.34% 4 0.44% M 1.30% CHICKEN 0.44% ELECTRICAL 1.25% FOOD 0.44% SYSTEMS 1.24% EDUCATION 0.44% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 348 199,572 7487 - Other business activities 53 63,348 7414 - Business & management consultancy 22 13,474 9999 - Dormant Company 20 20,144 9305 - Other service activities 19 8,858 7260 - Other computer related activities 16 8,089 7222 - Other software consultancy and supply 11 7,298 6022 - Taxi operation 11 654 4545 - Other building completion 11 2,598 99999 - Dormant Company 10 16,285 4521 - General construction & civil engineering 9 6,598 96090 - Other service activities not elsewhere classified 8 8,799 7499 - Non-trading company 8 12,000 62020 - Information technology consultancy activities 8 9,177 8532 - Social work without accommodation 7 1,072 43999 - Other specialised construction activities not elsewhere classified 7 2,854 82990 - Other business support service activities not elsewhere classified 7 27,550 70229 - Management consultancy activities other than financial management 7 14,505 74990 - Non-trading company 6 8,243 7470 - Other cleaning activities 6 1,315
Recent Companies
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Randomly selected companies from this quarter
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