Mitcham, Surrey

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Mitcham when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Mitcham when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Mitcham when compared to any previous March.
  • March 2014 was a record month for company registrations in Mitcham when compared to any month in history.
  • February 2014 saw a new record in company registrations in Mitcham when compared to any previous February.
  • March 2014 saw a new record in net growth in Mitcham when compared to any previous March.
  • January 2014 saw a new record in net growth in Mitcham when compared to any previous January.

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 2014)

    Q1 2014 saw a new record in company registrations in Mitcham when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Mitcham when compared to any quarter in history.

    A total of 231 companies were registered in Mitcham during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 12.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)MitchamUK
    2014231150,722
    2013206134,802
    % change12.1%11.8%
    Record Year 2014 (231) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Mitcham when compared to any previous March.

    March 2014 was a record month for company registrations in Mitcham when compared to any month in history.

    February 2014 saw a new record in company registrations in Mitcham when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014687192
    New companies in 2013746963
    % change-8.1%2.9%46.0%
    Record Year2013 (74)2014 (71)2014 (92)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 90 companies were dissolved in Mitcham during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 18.9% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)MitchamUK
    20149082,370
    201311177,914
    % change-18.9%5.7%
    Record Year 2011 (112) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014322929
    Closed companies in 2013463134
    % change-30.4%-6.5%-15%
    Record Year2011 (51)2010 (38)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Mitcham during the first quarter of 2014 (Jan 2014 - Mar 2014) was 141 companies.

    first quarter (Jan 2014 - Mar 2014)MitchamUK
    201414168,352
    20139556,888
    Record Year 2014 (141) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in net growth in Mitcham when compared to any previous March.

    January 2014 saw a new record in net growth in Mitcham when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014364263
    Net growth in 2013283829
    Record Year2014 (36)2011 (42)2014 (63)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Mitcham formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Mitcham
    20140.2%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2014 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.2%
    UK formation share in 20130.2%0.2%0.1%
    % change-14.0%-5.0%21.8%
    Record Year2013 (0.2%)2011 (0.2%)2014 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 40.6.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Mitcham was in 2012 when 30.2% of all directors were female.

    28.0% of all director appointments in Mitcham in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    LONDON1.33%CONSULTING5.22%
    TRADING1.25%MANAGEMENT4.67%
    PROPERTY1.18%CONSULTANCY3.49%
    CONSTRUCTION1.10%PROPERTY2.64%
    CONSULTANCY1.03%TRADING2.05%
    MANAGEMENT0.88%LONDON1.88%
    CONSULTING0.81%ENGINEERING1.86%
    CONSULTANTS0.81%CARE1.79%
    SECURITY0.74%CONSTRUCTION1.75%
    BUSINESS0.66%DESIGN1.75%
    CENTRE0.59%CONSULTANTS1.73%
    CLEANING0.59%BUSINESS1.71%
    SERVICE0.59%PROPERTIES1.60%
    CARE0.59%INVESTMENTS1.60%
    INVESTMENTS0.52%GLOBAL1.58%
    BUILDING0.52%J1.48%
    CARS0.52%ASSOCIATES1.48%
    GLOBAL0.52%MEDIA1.48%
    ENGINEERING0.52%IT1.33%
    CO0.52%TRANSPORT1.30%
    HEALTHCARE0.44%DEVELOPMENTS1.29%
    BEAUTY0.44%BUILDING1.24%
    (0.44%M1.21%
    K0.44%CAPITAL1.20%
    ASSOCIATES0.44%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied512280,210
    96090 - Other service activities not elsewhere classified6626,700
    82990 - Other business support service activities not elsewhere classified5356,411
    99999 - Dormant Company4847,084
    70229 - Management consultancy activities other than financial management4637,882
    62020 - Information technology consultancy activities4427,750
    41202 - Construction of domestic buildings236,559
    86900 - Other human health activities2010,273
    43999 - Other specialised construction activities not elsewhere classified198,155
    74909 - Other professional, scientific and technical activities not elsewhere classified1918,491
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating143,708
    62090 - Other information technology service activities1412,813
    56103 - Take-away food shops and mobile food stands147,300
    69201 - Accounting and auditing activities127,313
    43390 - Other building completion and finishing125,521
    62012 - Business and domestic software development119,509
    43210 - Electrical installation115,885
    69202 - Bookkeeping activities112,747
    47910 - Retail sale via mail order houses or via Internet109,358
    86101 - Hospital activities102,870

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC390138 MODERN HERITAGE LLP 02 Jan 2014
    08830577 STR BUSINESS SOLUTIONS LTD. 03 Jan 2014
    08836578 SL MAROONS LIMITED 08 Jan 2014
    08838903 BHULLAR IT CONSULTANTS LIMITED 09 Jan 2014
    08839388 BLOOMSBURY FOOD & WINE LTD 09 Jan 2014
    08842323 TECHFORCE SOLUTIONS LTD. 13 Jan 2014
    08845385 STRIKING SOLUTIONS LTD 14 Jan 2014
    08845962 JUST LOCAL PUBLISHING LIMITED 15 Jan 2014
    08846709 GRAY MATTER CONSULTANTS LTD 15 Jan 2014
    08848206 3D ART FACTORY LTD 16 Jan 2014
    08849820 DILUTE PROFESSIONAL SERVICES LTD 17 Jan 2014
    08850719 ESTAR CLEANING LTD 17 Jan 2014
    08851944 KP SCAFFOLDING LIMITED 20 Jan 2014
    08852270 AMELKO LEISURE LTD 20 Jan 2014
    08854594 SURVEILLANCE NETWORKS CORPORATION LTD 21 Jan 2014
    08857283 VICTORIOUS NC LIMITED 23 Jan 2014
    08857344 BARGAIN MEAT CENTRE LTD 23 Jan 2014
    08857901 ERICA FOODS LTD 23 Jan 2014
    08858030 PRISTIE SHARMA LTD 23 Jan 2014
    08859022 GAS BRITE LIMITED 23 Jan 2014
    08864060 SUSSEX SASH LIMITED 28 Jan 2014
    08865012 ONLINE TRENDZ LTD 28 Jan 2014
    08867233 MEET & GREET PATH FINDER LTD 29 Jan 2014
    08867517 IMMANUEL CHARISMATIC CHURCH INTERNATIONAL 29 Jan 2014
    08868538 MAPLE TREE CONSULTING LTD 30 Jan 2014