Richmond, Greater London
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company registrations in Richmond when compared to any year in history.
- Q4 2010 saw a new record in company registrations in Richmond when compared to any previous Q4.
- December 2010 saw a new record in company registrations in Richmond when compared to any previous December.
- October 2010 saw a new record in company closures in Richmond when compared to any previous October.
- December 2010 saw a new record in net growth in Richmond when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2010)
2010 was a record year for company registrations in Richmond when compared to any year in history.
A total of 480 companies were formed in Richmond in 2010. This total is 3.9% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Richmond UK 2010 480 400,358 2009 462 362,675 2008 369 349,203 2007 480 457,649 2006 473 405,440 Record Year 2010 (480) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 235 companies were formed in Richmond. This figure is 0.8% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Richmond occurred in 2009 when a total of 237 were formed.
Half Year (Jul-Dec) Richmond UK 2010 235 196,609 2009 237 180,654 % change -0.8% 8.8% Record Year 2009 (237) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in Richmond when compared to any previous Q4.
A total of 114 companies were registered in Richmond during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 2.7% versus the same period last year (Q4 2009). This figure compares badly 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) Richmond UK 2010 114 95,117 2009 111 85,983 % change 2.7% 10.6% Record Year 2010 (114) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company registrations in Richmond when compared to any previous December.
New Companies by Month
October November December New companies in 2010 39 42 33 New companies in 2009 38 40 33 % change 2.6% 5.0% 0.0% Record Year 2006 (41) 2007 (45) 2009 (33)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 380 companies were dissolved in Richmond in 2010. This total is 26.2% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Richmond UK 2010 380 342,232 2009 515 533,773 2008 218 237,901 2007 238 220,295 2006 252 200,166 Record Year 2009 (515) 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 167 companies were dissolved in Richmond. This figure is 13.5% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Richmond occurred in 2009 when a total of 193 were closed.
Half Year (Jul-Dec) Richmond UK 2010 167 164,601 2009 193 244,537 % change -13.5% -32.7% Record Year 2009 (193) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 67 companies were dissolved in Richmond during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 17.3% versus the same period last year (Q4 2009). This figure compares well 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) Richmond UK 2010 67 76,896 2009 81 85,136 % change -17.3% -9.7% Record Year 2009 (81) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Richmond when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 26 29 12 Closed companies in 2009 19 34 28 % change 36.8% -14.7% -57% Record Year 2010 (26) 2009 (34) 1998 (32)
Net Company Growth
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Annual Data (2010)
A total of 100 companies were added to the company register for Richmond in 2010. This number represents growth of 21.6% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 153 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Richmond company register grew by 242 companies.
Year Richmond UK 2010 100 58,126 2009 -53 -171,098 2008 151 111,302 2007 242 237,354 2006 221 205,274 Record Year 2007 (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 Richmond increased by 68 companies.
Half Year (Jul-Dec) Richmond UK 2010 68 32,008 2009 44 -63,883 Record Year 2006 (112) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Richmond during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 47 companies.
fourth quarter (Oct 2010 - Dec 2010) Richmond UK 2010 47 18,221 2009 30 847 Record Year 2007 (67) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in net growth in Richmond when compared to any previous December.
Net Growth by Month
October November December Net growth in 2010 13 13 21 Net growth in 2009 19 6 5 Record Year 2006 (26) 2007 (26) 2007 (21)
UK Company Share
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Annual Data (2010)
In 2010 Richmond formed 0.1% of all UK companies. This is no change on 2009 when Richmond was responsible for 0.1% of all UK companies.
Year Richmond 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1995 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Richmond formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Richmond 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1967 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Richmond formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Richmond 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1967 (0.4%) 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 -10.2% -6.1% -4.9% Record Year 1960 (0.6%) 1967 (0.7%) 1966 (0.5%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.3.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.7% 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 45.0.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.4% 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 45.2.
The percentage of directors under the age of 25 was 0.4% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 1.7% 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 Richmond was 1857 when 36.4% of all directors were female.
The percentage of female directors in Richmond in 2010 was 26.1%. 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 Richmond was 1860 when 42.9% of all directors were female.
26.7% of all director appointments in Richmond 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 Richmond was in 1977 when 31.1% of all directors were female.
23.9% of all director appointments in Richmond 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 CONSULTING 2.43% CONSULTING 5.06% MANAGEMENT 1.22% MANAGEMENT 5.01% MEDIA 0.97% CONSULTANCY 3.14% CONSULTANCY 0.85% PROPERTY 2.36% KEW 0.73% TRADING 2.11% BUSINESS 0.73% ASSOCIATES 1.95% PARTNERS 0.73% DESIGN 1.92% PROPERTY 0.73% BUSINESS 1.82% GLOBAL 0.61% CONSTRUCTION 1.82% FINANCIAL 0.61% CONSULTANTS 1.76% HOLDINGS 0.61% MEDIA 1.71% RICHMOND 0.61% ENGINEERING 1.62% MARKETING 0.61% LONDON 1.60% SQUARED 0.49% CARE 1.45% INGRESSO 0.49% INVESTMENTS 1.44% INVESTMENT 0.49% GLOBAL 1.43% TRADING 0.49% J 1.42% GROUP 0.49% IT 1.41% ASSOCIATES 0.49% PROPERTIES 1.34% EUROPE 0.49% INTERNATIONAL 1.34% ENTERPRISES 0.49% BUILDING 1.34% ENERGY 0.49% M 1.30% IN 0.49% ELECTRICAL 1.25% PRODUCTIONS 0.49% SYSTEMS 1.24% MEDICAL 0.36% 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 215 199,572 7487 - Other business activities 55 63,348 7414 - Business & management consultancy 44 13,474 82990 - Other business support service activities not elsewhere classified 35 27,550 70229 - Management consultancy activities other than financial management 33 14,505 62020 - Information technology consultancy activities 22 9,177 7222 - Other software consultancy and supply 22 7,298 9999 - Dormant Company 17 20,144 62090 - Other information technology service activities 16 6,330 7499 - Non-trading company 11 12,000 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,088 7260 - Other computer related activities 9 8,089 74990 - Non-trading company 9 8,243 9305 - Other service activities 9 8,858 98000 - Residents property management 8 3,235 9231 - Artistic & literary creation 8 1,043 96090 - Other service activities not elsewhere classified 7 8,799 41100 - Development of building projects 7 3,765 73110 - Advertising agencies 6 1,451 99999 - Dormant Company 6 16,285
Recent Companies
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Randomly selected companies from this quarter
reports
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