Richmond, Greater London

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Richmond when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Richmond when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Richmond when compared to any previous Q4.
  • October 2014 saw a new record in company registrations in Richmond when compared to any previous October.
  • October 2014 saw a new record in net growth in Richmond when compared to any previous October.
  • The record fourth quarter for female directors in Richmond was in 2014 when 30.8% of all directors were female.

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 Richmond when compared to any year in history.

    A total of 565 companies were formed in Richmond in 2014. This total is 8.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearRichmondUK
    2014565582,051
    2013519529,363
    2012492491,893
    2011505452,870
    2010480400,358
    Record Year2014 (565)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 Richmond when compared to any previous second half year.

    In the second half of 2014 a total of 258 companies were formed in Richmond. This figure is 5.3% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Richmond occurred in 2014 when a total of 258 were formed.

    Half Year (Jul-Dec)RichmondUK
    2014258281,320
    2013245259,931
    % change5.3%8.2%
    Record Year2014 (258)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Richmond when compared to any previous Q4.

    A total of 133 companies were registered in Richmond during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 19.8% versus the same period last year (Q4 2013). This figure compares well 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)RichmondUK
    2014133137,906
    2013111127,247
    % change19.8%8.4%
    Record Year 2014 (133) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Richmond when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014543940
    New companies in 2013343344
    % change58.8%18.2%-9.1%
    Record Year2014 (54)2007 (45)2013 (44)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 345 companies were dissolved in Richmond in 2014. This total is 5.0% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearRichmondUK
    2014345367,937
    2013363332,213
    2012302293,729
    2011357314,524
    2010380342,233
    Record Year2009 (514)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 181 companies were dissolved in Richmond. This figure is 3.7% lower than last year, which compares well to the UK wide change of 7.7%.

    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
    2014181190,730
    2013188177,021
    % change-3.7%7.7%
    Record Year2009 (193)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 75 companies were dissolved in Richmond during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 15.7% versus the same period last year (Q4 2013). This figure compares well 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)RichmondUK
    20147589,060
    20138990,851
    % change-15.7%-2.0%
    Record Year 2011 (103) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014251931
    Closed companies in 2013383021
    % change-34.2%-36.7%48%
    Record Year2013 (38)2011 (35)2011 (43)

Net Company Growth

  1. Annual Data (2014)

    A total of 220 companies were added to the company register for Richmond in 2014. This number represents growth of 38.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 64 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
    2014220214,114
    2013156197,150
    2012190198,164
    2011148138,346
    201010058,125
    Record Year2007 (242)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Richmond increased by 77 companies.

    Half Year (Jul-Dec)RichmondUK
    20147790,590
    20135782,910
    Record Year1995 (123)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Richmond during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 58 companies.

    fourth quarter (Oct 2014 - Dec 2014)RichmondUK
    20145848,846
    20132236,396
    Record Year 2007 (67) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Richmond when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201429209
    Net growth in 2013-4323
    Record Year2014 (29)2007 (26)2012 (26)

UK Company Share

  1. Annual Data (2014)

    In 2014 Richmond formed 0.1% of all UK companies. This is no change on 2013 when Richmond was responsible for 0.1% of all UK companies.

    YearRichmond
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1995 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Richmond formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Richmond
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1995 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Richmond
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1997 (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%0.1%
    % change51.0%12.1%-22.2%
    Record Year1981 (0.4%)1984 (0.2%)1990 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.6.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 1.5% 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 44.4.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.3% 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 45.2.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 0.6% 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 Richmond was 1988 when 100.0% of all directors were female.

    The percentage of female directors in Richmond in 2014 was 26.4%. 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 Richmond was 2012 when 28.4% of all directors were female.

    27.1% of all director appointments in Richmond 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 Richmond was in 2014 when 30.8% of all directors were female.

    30.8% of all director appointments in Richmond 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
    KEW3.57%CONSULTING5.22%
    GREEN3.24%MANAGEMENT4.58%
    CONSULTING2.81%CONSULTANCY3.57%
    HOTELS2.38%PROPERTY2.66%
    HOUSE1.19%CONSTRUCTION2.12%
    CONSULTANTS1.19%ENGINEERING2.10%
    RICHMOND1.08%CARE2.02%
    PRODUCTIONS0.97%TRADING1.94%
    MEDIA0.97%LONDON1.93%
    MANAGEMENT0.86%TRANSPORT1.93%
    LONDON0.86%DESIGN1.66%
    GLOBAL0.76%CONSULTANTS1.64%
    HEALTH0.65%ELECTRICAL1.62%
    ASSOCIATES0.65%PROPERTIES1.62%
    CAPITAL0.65%BUSINESS1.56%
    DEVELOPMENT0.54%J1.54%
    MEDICAL0.54%CO.,1.50%
    SYSTEMS0.54%GLOBAL1.49%
    DIGITAL0.54%INVESTMENTS1.48%
    TRADING0.54%ASSOCIATES1.47%
    IT0.54%DEVELOPMENTS1.35%
    IN0.54%MEDIA1.33%
    VENTURES0.54%IT1.31%
    COMMUNICATIONS0.54%BUILDING1.29%
    LRG1)0.54%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied230265,608
    70229 - Management consultancy activities other than financial management9642,290
    82990 - Other business support service activities not elsewhere classified4658,068
    62020 - Information technology consultancy activities4530,178
    99999 - Dormant Company3348,509
    96090 - Other service activities not elsewhere classified2929,009
    74909 - Other professional, scientific and technical activities not elsewhere classified2319,049
    62090 - Other information technology service activities1712,837
    64999 - Financial intermediation not elsewhere classified146,083
    78109 - Other activities of employment placement agencies144,182
    74100 - specialised design activities144,841
    41100 - Development of building projects1311,397
    86900 - Other human health activities1312,976
    59111 - Motion picture production activities123,245
    62012 - Business and domestic software development119,752
    68209 - Other letting and operating of own or leased real estate1111,212
    47910 - Retail sale via mail order houses or via Internet1110,107
    59113 - Television programme production activities102,288
    98000 - Residents property management105,255
    78300 - Human resources provision and management of human resources functions92,076

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09248996 SELECTIVE PEOPLE LTD 06 Oct 2014
    09251483 MAKOTO SOFTWARE LIMITED 07 Oct 2014
    09253881 KISSBANK FOUNDATION LIMITED 08 Oct 2014
    09257394 ORANGE TREE PRODUCTIONS LIMITED 09 Oct 2014
    09258033 TRIPLE SCI CONSULTING LIMITED 10 Oct 2014
    09261412 AG SHANNON LTD 13 Oct 2014
    09262210 SONGS ACTUALLY LIMITED 14 Oct 2014
    09265127 PPT ECOSYSTEMS LIMITED 15 Oct 2014
    09265645 ICE HOUSE LTD 15 Oct 2014
    09266807 GOOD HEALTH RESOURCING LIMITED 16 Oct 2014
    09277871 CITY SEARCH CONSULTANTS LIMITED 23 Oct 2014
    09280388 AJK PROPERTY DEVELOPMENT LIMITED 27 Oct 2014
    09280559 STM PLUMBING & HEATING LIMITED 27 Oct 2014
    09281933 HOME HCT LIMITED 27 Oct 2014
    09282739 LELUM CONSULTING LTD 27 Oct 2014
    09289411 ECOABILITY LTD 31 Oct 2014
    09290567 FLEX/50 LIMITED 31 Oct 2014
    09247455 IPOWER ELECTRICAL INSTALLATION LTD 03 Oct 2014
    09256985 GILBERT LANDOR FROST LIMITED 09 Oct 2014
    09261495 URCLEAN LIMITED 13 Oct 2014
    09265539 BLABAR LTD 15 Oct 2014
    09265986 EGB MEDICAL LIMITED 15 Oct 2014
    09277389 CO-OP ONE LTD 23 Oct 2014
    09284577 MUSIC HERITAGE LONDON LIMITED 28 Oct 2014
    09288492 ANNELIESE PARNES MEDIA LIMITED 30 Oct 2014