Mitcham, Surrey

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Mitcham when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Mitcham when compared to any previous second half year.
  • December 2014 saw a new record in company registrations in Mitcham when compared to any previous December.
  • The second half of 2014 saw a new record in company closures in Mitcham when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Mitcham when compared to any previous December.
  • November 2014 saw a new record in company closures in Mitcham when compared to any previous November.
  • 2014 was a record year for net growth 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 (2014)

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

    A total of 890 companies were formed in Mitcham in 2014. This total is 9.7% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMitchamUK
    2014890582,051
    2013811529,363
    2012699491,893
    2011657452,870
    2010549400,358
    Record Year2014 (890)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Mitcham when compared to any previous second half year.

    In the second half of 2014 a total of 420 companies were formed in Mitcham. This figure is 4.5% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Mitcham occurred in 2014 when a total of 420 were formed.

    Half Year (Jul-Dec)MitchamUK
    2014420281,320
    2013402259,931
    % change4.5%8.2%
    Record Year2014 (420)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 176 companies were registered in Mitcham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 6.4% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)MitchamUK
    2014176137,906
    2013188127,247
    % change-6.4%8.4%
    Record Year 2012 (209) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014655556
    New companies in 2013736055
    % change-11.0%-8.3%1.8%
    Record Year2013 (73)2012 (86)2014 (56)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 504 companies were dissolved in Mitcham in 2014. This total is 11.5% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMitchamUK
    2014504367,937
    2013452332,213
    2012361293,729
    2011358314,524
    2010442342,233
    Record Year2009 (561)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Mitcham when compared to any previous second half year.

    In the second half of 2014 a total of 282 companies were dissolved in Mitcham. This figure is 21.0% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Mitcham occurred in 2014 when a total of 282 were closed.

    Half Year (Jul-Dec)MitchamUK
    2014282190,730
    2013233177,021
    % change21.0%7.7%
    Record Year2014 (282)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 129 companies were dissolved in Mitcham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 0.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)MitchamUK
    201412989,060
    201313090,851
    % change-0.8%-2.0%
    Record Year 2013 (130) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Mitcham when compared to any previous December.

    November 2014 saw a new record in company closures in Mitcham when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014274458
    Closed companies in 2013524038
    % change-48.1%10.0%53%
    Record Year2013 (52)2014 (44)2014 (58)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Mitcham when compared to any year in history.

    A total of 386 companies were added to the company register for Mitcham in 2014. This number represents growth of 43.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 27 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Mitcham company register grew by 386 companies.

    YearMitchamUK
    2014386214,114
    2013359197,150
    2012338198,164
    2011299138,346
    201010758,125
    Record Year2014 (386)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Mitcham increased by 138 companies.

    Half Year (Jul-Dec)MitchamUK
    201413890,590
    201316982,910
    Record Year2012 (178)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Mitcham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 47 companies.

    fourth quarter (Oct 2014 - Dec 2014)MitchamUK
    20144748,846
    20135836,396
    Record Year 2012 (104) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20143811-2
    Net growth in 2013212017
    Record Year2005 (44)2012 (51)2012 (27)

UK Company Share

  1. Annual Data (2014)

    In 2014 Mitcham formed 0.2% of all UK companies. This is no change on 2013 when Mitcham was responsible for 0.2% of all UK companies.

    YearMitcham
    20140.2%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2013 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Mitcham formed 0.1% of all UK companies. This is less than the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Mitcham
    20140.1%
    20130.2%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Mitcham formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Mitcham
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.2%
    % change-15.3%-13.0%-12.9%
    Record Year2005 (0.2%)2012 (0.2%)2011 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 39.1.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 38.9.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 38.7.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Mitcham was 1990 when 33.3% of all directors were female.

    The percentage of female directors in Mitcham in 2014 was 25.5%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Mitcham was 2011 when 26.0% of all directors were female.

    24.5% of all director appointments in Mitcham in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Mitcham was in 2010 when 27.0% of all directors were female.

    24.3% of all director appointments in Mitcham in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LONDON1.62%CONSULTING5.22%
    MANAGEMENT1.20%MANAGEMENT4.58%
    CARE1.06%CONSULTANCY3.57%
    RIGHT1.06%PROPERTY2.66%
    SKILLS1.06%CONSTRUCTION2.12%
    CONSTRUCTION0.99%ENGINEERING2.10%
    PROPERTY0.85%CARE2.02%
    CONSULTANCY0.78%TRADING1.94%
    HEALTHCARE0.78%LONDON1.93%
    CONSULTING0.78%TRANSPORT1.93%
    CLEANING0.71%DESIGN1.66%
    BUSINESS0.71%CONSULTANTS1.64%
    GLOBAL0.71%ELECTRICAL1.62%
    TRADING0.71%PROPERTIES1.62%
    CONSULTANTS0.71%BUSINESS1.56%
    INVESTMENTS0.63%J1.54%
    CENTRE0.56%CO.,1.50%
    BUILDING0.56%GLOBAL1.49%
    LOGISTICS0.49%INVESTMENTS1.48%
    ELECTRICAL0.49%ASSOCIATES1.47%
    MAINTENANCE0.49%DEVELOPMENTS1.35%
    CLEAN0.49%MEDIA1.33%
    J0.49%IT1.31%
    DESIGN0.42%BUILDING1.29%
    MITCHAM0.42%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied483265,608
    96090 - Other service activities not elsewhere classified7129,009
    99999 - Dormant Company6248,509
    82990 - Other business support service activities not elsewhere classified4958,068
    70229 - Management consultancy activities other than financial management3842,290
    62020 - Information technology consultancy activities3530,178
    86900 - Other human health activities3412,976
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,049
    41202 - Construction of domestic buildings237,559
    43999 - Other specialised construction activities not elsewhere classified218,761
    62090 - Other information technology service activities1812,837
    45200 - Maintenance and repair of motor vehicles175,425
    86101 - Hospital activities174,366
    85590 - Other education not elsewhere classified166,206
    43390 - Other building completion and finishing165,931
    56103 - Take-away food shops and mobile food stands168,318
    43210 - Electrical installation155,985
    47990 - Other retail sale not in stores, stalls or markets136,452
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating124,167
    69201 - Accounting and auditing activities117,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09243602 DANYUK CONSTRUCTION LTD 01 Oct 2014
    09244471 NAGUL SERVICES LTD 01 Oct 2014
    09254673 RAKUS IT SERVICES LTD 08 Oct 2014
    09254785 SIMPLYME LTD 08 Oct 2014
    09255492 MPS SPORTS MANAGEMENT LTD 08 Oct 2014
    09255519 TREATEXWALLCOATINGS LTD 08 Oct 2014
    09259020 TREGESERS'S ARTISAN BAKERY LTD 10 Oct 2014
    09260275 ALLIED BUSINESS MANAGEMENT CONSULTING LIMITED 13 Oct 2014
    09261202 SM FURNITURE (UK) LTD 13 Oct 2014
    09263047 GREG RECBUIL LIMITED 14 Oct 2014
    09269332 ODANSIF LIMITED 17 Oct 2014
    09270802 BLOSSOM TREE PRE SCHOOL LIMITED 20 Oct 2014
    09271523 SONYA CLEAN LIMITED 20 Oct 2014
    09271661 PARKLAND ABSEILING LIMITED 20 Oct 2014
    09272198 DIVINE MERCY FELLOWSHIP LTD 20 Oct 2014
    09275493 AR SITE MANAGEMENT LTD 22 Oct 2014
    09278301 FRANKAB LIMITED 23 Oct 2014
    09279852 VTNL TRADING LTD 24 Oct 2014
    09280322 BROOKVEX HIGHWAYS & CIVILS LIMITED 27 Oct 2014
    09281378 NATASHA THOMAS LIMITED 27 Oct 2014
    09281566 EHRE PRODUCTIONS LIMITED 27 Oct 2014
    09284204 SELECT PLUS LIMITED 28 Oct 2014
    09284270 S & S ESTATE DEVELOPERS LIMITED 28 Oct 2014
    09285830 NINA HEALTHCARE LTD 29 Oct 2014
    09288503 ORA TRANSPORT SERVICES LIMITED 30 Oct 2014