Mitcham, Surrey
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company registrations in Mitcham when compared to any previous February.
- January 2015 saw a new record in company registrations in Mitcham when compared to any previous January.
- February 2015 saw a new record in company closures in Mitcham when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 228 companies were registered in Mitcham during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 1.3% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Mitcham UK 2015 228 161,156 2014 231 150,722 % change -1.3% 6.9% Record Year 2014 (231) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Mitcham when compared to any previous February.
January 2015 saw a new record in company registrations in Mitcham when compared to any previous January.
New Companies by Month
January February March New companies in 2015 74 75 79 New companies in 2014 68 71 92 % change 8.8% 5.6% -14.1% Record Year 2013 (74) 2015 (75) 2014 (92)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 141 companies were dissolved in Mitcham during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 56.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Mitcham UK 2015 141 89,523 2014 90 82,370 % change 56.7% 8.7% Record Year 2015 (141) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Mitcham when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 39 48 54 Closed companies in 2014 32 29 29 % change 21.9% 65.5% 86% Record Year 2011 (51) 2015 (48) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Mitcham during the first quarter of 2015 (Jan 2015 - Mar 2015) was 87 companies.
first quarter (Jan 2015 - Mar 2015) Mitcham UK 2015 87 71,633 2014 141 68,352 Record Year 2014 (141) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 35 27 25 Net growth in 2014 36 42 63 Record Year 2014 (36) 2011 (42) 2014 (63)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Mitcham formed 0.1% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Mitcham 2015 0.1% 2014 0.2% 2013 0.2% 2012 0.1% 2011 0.1% Record Year (since 1960) 2014 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.1% 0.1% UK formation share in 2014 0.1% 0.1% 0.2% % change 6.7% -2.7% -21.7% Record Year 2013 (0.2%) 2011 (0.2%) 2014 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 40.6.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Mitcham was in 2012 when 30.2% of all directors were female.
22.8% of all director appointments in Mitcham in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.48% CONSULTING 5.23% CONSTRUCTION 1.13% MANAGEMENT 4.56% SKILLS 1.05% CONSULTANCY 3.62% RIGHT 1.05% PROPERTY 2.72% HEALTHCARE 0.98% CONSTRUCTION 2.19% MANAGEMENT 0.98% CARE 2.13% GLOBAL 0.91% ENGINEERING 2.12% PROPERTY 0.91% LONDON 1.91% CONSULTANCY 0.84% TRADING 1.88% CARE 0.84% TRANSPORT 1.82% CONSULTING 0.77% ELECTRICAL 1.76% BUILDING 0.70% DESIGN 1.65% MAINTENANCE 0.63% PROPERTIES 1.63% CLEANING 0.63% CO., 1.58% BUSINESS 0.63% J 1.55% ELECTRICAL 0.56% CONSULTANTS 1.54% J 0.56% BUSINESS 1.49% TRADING 0.56% INVESTMENTS 1.49% INVESTMENTS 0.56% GLOBAL 1.46% ENGINEERING 0.56% ASSOCIATES 1.44% ASSOCIATES 0.49% DEVELOPMENTS 1.36% CONSULTANTS 0.49% BUILDING 1.31% ALLIED 0.42% IT 1.30% R 0.42% MEDIA 1.28% CO 0.42% M 1.27%
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 541 288,953 96090 - Other service activities not elsewhere classified 68 29,218 99999 - Dormant Company 62 49,474 82990 - Other business support service activities not elsewhere classified 43 58,522 70229 - Management consultancy activities other than financial management 38 43,081 62020 - Information technology consultancy activities 35 30,825 86900 - Other human health activities 35 13,990 41202 - Construction of domestic buildings 27 7,797 74909 - Other professional, scientific and technical activities not elsewhere classified 27 19,098 86101 - Hospital activities 24 5,043 43999 - Other specialised construction activities not elsewhere classified 22 9,080 43390 - Other building completion and finishing 18 6,052 62090 - Other information technology service activities 18 12,862 45200 - Maintenance and repair of motor vehicles 17 5,392 56103 - Take-away food shops and mobile food stands 15 8,607 43210 - Electrical installation 15 6,139 85590 - Other education not elsewhere classified 14 6,238 47990 - Other retail sale not in stores, stalls or markets 13 6,557 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 13 4,256 69201 - Accounting and auditing activities 13 7,682
Recent Companies
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Randomly selected companies from this quarter
reports
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