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

  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 (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.

    YearRichmondUK
    2010480400,358
    2009462362,675
    2008369349,203
    2007480457,649
    2006473405,440
    Record Year2010 (480)2007 (457,649)
    New Companies by Year
  2. 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)RichmondUK
    2010235196,609
    2009237180,654
    % change-0.8%8.8%
    Record Year2009 (237)2003 (201,446)
    New Companies by Half Year
  3. 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)RichmondUK
    201011495,117
    200911185,983
    % change2.7%10.6%
    Record Year 2010 (114) 2010 (95,117)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2010394233
    New companies in 2009384033
    % change2.6%5.0%0.0%
    Record Year2006 (41)2007 (45)2009 (33)

Closed Companies (dissolved)

  1. 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.

    YearRichmondUK
    2010380342,232
    2009515533,773
    2008218237,901
    2007238220,295
    2006252200,166
    Record Year2009 (515)2009 (533,773)
    Dissolved Companies by Year
  2. 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)RichmondUK
    2010167164,601
    2009193244,537
    % change-13.5%-32.7%
    Record Year2009 (193)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)RichmondUK
    20106776,896
    20098185,136
    % change-17.3%-9.7%
    Record Year 2009 (81) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010262912
    Closed companies in 2009193428
    % change36.8%-14.7%-57%
    Record Year2010 (26)2009 (34)1998 (32)

Net Company Growth

  1. 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.

    YearRichmondUK
    201010058,126
    2009-53-171,098
    2008151111,302
    2007242237,354
    2006221205,274
    Record Year2007 (242)2003 (242,543)
    Net Growth by Year
  2. 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)RichmondUK
    20106832,008
    200944-63,883
    Record Year2006 (112)2003 (117,772)
    Net Growth by Half Year
  3. 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)RichmondUK
    20104718,221
    200930847
    Record Year 2007 (67) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2010131321
    Net growth in 20091965
    Record Year2006 (26)2007 (26)2007 (21)

UK Company Share

  1. 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.

    YearRichmond
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1995 (0.2%)
    Company Share by Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1967 (0.3%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1967 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-10.2%-6.1%-4.9%
    Record Year1960 (0.6%)1967 (0.7%)1966 (0.5%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.43%CONSULTING5.06%
    MANAGEMENT1.22%MANAGEMENT5.01%
    MEDIA0.97%CONSULTANCY3.14%
    CONSULTANCY0.85%PROPERTY2.36%
    KEW0.73%TRADING2.11%
    BUSINESS0.73%ASSOCIATES1.95%
    PARTNERS0.73%DESIGN1.92%
    PROPERTY0.73%BUSINESS1.82%
    GLOBAL0.61%CONSTRUCTION1.82%
    FINANCIAL0.61%CONSULTANTS1.76%
    HOLDINGS0.61%MEDIA1.71%
    RICHMOND0.61%ENGINEERING1.62%
    MARKETING0.61%LONDON1.60%
    SQUARED0.49%CARE1.45%
    INGRESSO0.49%INVESTMENTS1.44%
    INVESTMENT0.49%GLOBAL1.43%
    TRADING0.49%J1.42%
    GROUP0.49%IT1.41%
    ASSOCIATES0.49%PROPERTIES1.34%
    EUROPE0.49%INTERNATIONAL1.34%
    ENTERPRISES0.49%BUILDING1.34%
    ENERGY0.49%M1.30%
    IN0.49%ELECTRICAL1.25%
    PRODUCTIONS0.49%SYSTEMS1.24%
    MEDICAL0.36%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied215199,572
    7487 - Other business activities5563,348
    7414 - Business & management consultancy4413,474
    82990 - Other business support service activities not elsewhere classified3527,550
    70229 - Management consultancy activities other than financial management3314,505
    62020 - Information technology consultancy activities229,177
    7222 - Other software consultancy and supply227,298
    9999 - Dormant Company1720,144
    62090 - Other information technology service activities166,330
    7499 - Non-trading company1112,000
    74909 - Other professional, scientific and technical activities not elsewhere classified107,088
    7260 - Other computer related activities98,089
    74990 - Non-trading company98,243
    9305 - Other service activities98,858
    98000 - Residents property management83,235
    9231 - Artistic & literary creation81,043
    96090 - Other service activities not elsewhere classified78,799
    41100 - Development of building projects73,765
    73110 - Advertising agencies61,451
    99999 - Dormant Company616,285

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07455125 VALLEN DEVELOPMENT LTD 30 Nov 2010
    07455081 VALLEN CONSULTING LTD 30 Nov 2010
    07451603 SUNRISE ROLL FORMING LIMITED 25 Nov 2010
    07449686 GS SAPPHIRE INVESTMENT LIMITED 24 Nov 2010
    07446630 NIMBLE SOFTWARE LTD 22 Nov 2010
    07446133 VISART LTD 22 Nov 2010
    07439617 ELITE INSTALLERS LIMITED 15 Nov 2010
    07438052 WASTE RECYCLE DIRECT LTD 12 Nov 2010
    07435706 YOUR ENERGY HOLDINGS LIMITED 10 Nov 2010
    07434894 CLARE CALLAN LIMITED 10 Nov 2010
    07434389 WARATECH LIMITED 09 Nov 2010
    07432992 WATERCOLOUR HOLDING LIMITED 08 Nov 2010
    07432595 CHRIS BOSTON CAR SALES LIMITED 08 Nov 2010
    07430704 ELECTRIC LIGHT STUDIOS LTD 05 Nov 2010
    07430365 STORK VALVES (UK) LIMITED 04 Nov 2010
    07426285 FLORILEGIA LIMITED 02 Nov 2010
    07453275 EMERALD CITY PROJECTS MANAGEMENT LIMITED 29 Nov 2010
    07453006 BARINBROOK (CENTRAL) LIMITED 26 Nov 2010
    07447923 FOREST AND GLEN LIMITED 23 Nov 2010
    07446353 HOLBROOK WEALTH MANAGEMENT LIMITED 22 Nov 2010
    07445396 CULTURAL DYNAMICS MENTORING LIMITED 19 Nov 2010
    07438223 GREY COURT SCHOOL FARM 12 Nov 2010
    07436145 ANAMIKA RICHMOND LIMITED 11 Nov 2010
    07436060 EEB PHARMAADMIN SERVICES LTD. 11 Nov 2010
    07432175 DEMPSEY ASSOCIATES LTD 08 Nov 2010