Greenford, Greater London

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company closures in Greenford when compared to any previous February.
  • January 2014 saw a new record in company closures in Greenford when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 171 companies were registered in Greenford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 15.3% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)GreenfordUK
    2014171150,722
    2013202134,802
    % change-15.3%11.8%
    Record Year 2013 (202) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014496062
    New companies in 2013686668
    % change-27.9%-9.1%-8.8%
    Record Year2013 (68)2013 (66)2012 (68)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 119 companies were dissolved in Greenford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 36.8% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)GreenfordUK
    201411982,370
    20138777,914
    % change36.8%5.7%
    Record Year 2014 (119) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Greenford when compared to any previous February.

    January 2014 saw a new record in company closures in Greenford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014423443
    Closed companies in 2013342726
    % change23.5%25.9%65%
    Record Year2014 (42)2014 (34)2009 (93)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Greenford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 52 companies.

    first quarter (Jan 2014 - Mar 2014)GreenfordUK
    20145268,352
    201311556,888
    Record Year 2013 (115) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201472619
    Net growth in 2013343942
    Record Year2009 (34)2013 (39)2012 (49)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Greenford formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Greenford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.2%0.1%0.1%
    % change-32.6%-16.1%-23.9%
    Record Year2009 (0.2%)2013 (0.1%)2013 (0.1%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 39.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Greenford was in 2009 when 24.1% of all directors were female.

    21.8% of all director appointments in Greenford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.57%CONSULTING5.22%
    LONDON1.48%MANAGEMENT4.67%
    CONSULTING1.11%CONSULTANCY3.49%
    BUILDING1.11%PROPERTY2.64%
    GLOBAL1.01%TRADING2.05%
    MANAGEMENT0.92%LONDON1.88%
    TRADING0.92%ENGINEERING1.86%
    CONSTRUCTION0.83%CARE1.79%
    CARE0.74%CONSTRUCTION1.75%
    CAR0.74%DESIGN1.75%
    PROPERTY0.74%CONSULTANTS1.73%
    K0.74%BUSINESS1.71%
    FOOD0.74%PROPERTIES1.60%
    BUSINESS0.65%INVESTMENTS1.60%
    ENTERPRISES0.65%GLOBAL1.58%
    FOODS0.55%J1.48%
    G0.55%ASSOCIATES1.48%
    M0.46%MEDIA1.48%
    -0.46%IT1.33%
    MARKETING0.46%TRANSPORT1.30%
    HEALTH0.46%DEVELOPMENTS1.29%
    IT0.46%BUILDING1.24%
    INVESTMENTS0.46%M1.21%
    CENTRE0.37%CAPITAL1.20%
    SONS0.37%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied405280,210
    82990 - Other business support service activities not elsewhere classified5256,411
    62020 - Information technology consultancy activities3527,750
    96090 - Other service activities not elsewhere classified3526,700
    70229 - Management consultancy activities other than financial management3337,882
    41202 - Construction of domestic buildings296,559
    99999 - Dormant Company2747,084
    43390 - Other building completion and finishing235,521
    62090 - Other information technology service activities1712,813
    41100 - Development of building projects169,855
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating153,708
    47990 - Other retail sale not in stores, stalls or markets155,988
    47190 - Other retail sale in non-specialised stores153,558
    69201 - Accounting and auditing activities147,313
    32990 - Other manufacturing not elsewhere classified123,403
    45112 - Sale of used cars and light motor vehicles123,177
    47910 - Retail sale via mail order houses or via Internet129,358
    62012 - Business and domestic software development129,509
    74909 - Other professional, scientific and technical activities not elsewhere classified1218,491
    49410 - Freight transport by road118,014

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08918224 BESAS CARE UK LIMITED 03 Mar 2014
    08918320 WIOHA LIMITED 03 Mar 2014
    08918828 MNK TRUSTEES LIMITED 03 Mar 2014
    08918884 WEST LONDON NETWORKS LTD 03 Mar 2014
    08920050 P HARDIMAN TRANSPORT LTD 03 Mar 2014
    08920265 COVART PLUMBING LTD 03 Mar 2014
    08926820 MOUNTWELL TAVERNS LIMITED 06 Mar 2014
    08928081 THE WEEE FIRM LIMITED 07 Mar 2014
    08932648 AMELIA'S PROPERTIES 4U LTD 11 Mar 2014
    08939991 STARWAY CONSULTING LTD 14 Mar 2014
    08942336 E&W AUDITS LIMITED 17 Mar 2014
    08945341 NATURAL SWIMMING LTD 18 Mar 2014
    08945421 M&S CONSTRUCTION (LONDON) LTD 18 Mar 2014
    08945975 MYNETACADEMY LTD 19 Mar 2014
    08946686 PLANET CELL LIMITED 19 Mar 2014
    08952678 BHAV OPTICS LIMITED 21 Mar 2014
    08954179 ARKA CONSULTING LIMITED 24 Mar 2014
    08956074 DIGITAL MISFIT LTD 24 Mar 2014
    08957643 COMMON GRACE LTD 25 Mar 2014
    08958603 BENCHO BUILDING SERVICES LTD 25 Mar 2014
    08961507 SMART ENTERTAINMENT (UK) LIMITED 26 Mar 2014
    08961906 D.E.K SOLUTIONS LIMITED 27 Mar 2014
    08963401 S NIKOLAS LTD 27 Mar 2014
    08964103 MK MANAGEMENT SOLUTIONS LIMITED 27 Mar 2014
    08966643 POLISH ASBESTOS REMOVAL LTD 31 Mar 2014