Greenford, Greater London

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company registrations in Greenford when compared to any previous second half year.
  • October 2014 saw a new record in company registrations in Greenford when compared to any previous October.
  • 2014 was a record year for company closures in Greenford when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Greenford when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Greenford when compared to any previous December.
  • November 2014 saw a new record in company closures in Greenford when compared to any previous November.
  • The record second half year for female directors in Greenford was 2014 when 22.2% of all directors were female.
  • The record fourth quarter for female directors in Greenford was in 2014 when 24.3% 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)

    A total of 688 companies were formed in Greenford in 2014. This total is 1.3% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearGreenfordUK
    2014688582,051
    2013697529,363
    2012594491,893
    2011540452,870
    2010478400,358
    Record Year2013 (697)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 Greenford when compared to any previous second half year.

    In the second half of 2014 a total of 320 companies were formed in Greenford. This figure is 3.6% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Greenford occurred in 2014 when a total of 320 were formed.

    Half Year (Jul-Dec)GreenfordUK
    2014320281,320
    2013309259,931
    % change3.6%8.2%
    Record Year2014 (320)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 139 companies were registered in Greenford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 4.1% versus the same period last year (Q4 2013). This figure compares badly 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)GreenfordUK
    2014139137,906
    2013145127,247
    % change-4.1%8.4%
    Record Year 2012 (156) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014584932
    New companies in 2013515737
    % change13.7%-14.0%-13.5%
    Record Year2014 (58)2012 (76)2011 (46)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Greenford when compared to any year in history.

    A total of 498 companies were dissolved in Greenford in 2014. This total is 28.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearGreenfordUK
    2014498367,937
    2013387332,213
    2012303293,729
    2011357314,524
    2010343342,233
    Record Year2014 (498)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Greenford when compared to any previous second half year.

    In the second half of 2014 a total of 277 companies were dissolved in Greenford. This figure is 28.8% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Greenford occurred in 2014 when a total of 277 were closed.

    Half Year (Jul-Dec)GreenfordUK
    2014277190,730
    2013215177,021
    % change28.8%7.7%
    Record Year2014 (277)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 144 companies were dissolved in Greenford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 23.1% versus the same period last year (Q4 2013). This figure compares poorly 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)GreenfordUK
    201414489,060
    201311790,851
    % change23.1%-2.0%
    Record Year 2014 (144) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014405351
    Closed companies in 2013433341
    % change-7.0%60.6%24%
    Record Year2013 (43)2014 (53)2014 (51)

Net Company Growth

  1. Annual Data (2014)

    A total of 190 companies were added to the company register for Greenford in 2014. This number represents growth of 27.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 120 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Greenford company register grew by 310 companies.

    YearGreenfordUK
    2014190214,114
    2013310197,150
    2012291198,164
    2011183138,346
    201013558,125
    Record Year2013 (310)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Greenford increased by 43 companies.

    Half Year (Jul-Dec)GreenfordUK
    20144390,590
    20139482,910
    Record Year2012 (118)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Greenford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was -5 companies.

    fourth quarter (Oct 2014 - Dec 2014)GreenfordUK
    2014-548,846
    20132836,396
    Record Year 2012 (81) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201418-4-19
    Net growth in 2013824-4
    Record Year2008 (31)2012 (56)2010 (21)

UK Company Share

  1. Annual Data (2014)

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

    YearGreenford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2013 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Greenford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2008 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Greenford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2009 (0.1%)
    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%
    % change8.2%-18.4%-26.0%
    Record Year1996 (0.1%)2012 (0.2%)2009 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 39.5.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.5% 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 39.5.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 7.2% 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 40.2.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 8.7% 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 Greenford was 1990 when 39.5% of all directors were female.

    The percentage of female directors in Greenford in 2014 was 22.7%. 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 Greenford was 2014 when 22.2% of all directors were female.

    22.2% of all director appointments in Greenford 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 Greenford was in 2014 when 24.3% of all directors were female.

    24.3% of all director appointments in Greenford 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
    LONDON2.04%CONSULTING5.22%
    CONSTRUCTION1.48%MANAGEMENT4.58%
    CONSULTING1.39%CONSULTANCY3.57%
    PROPERTY1.11%PROPERTY2.66%
    TRADING1.11%CONSTRUCTION2.12%
    BUILDING0.83%ENGINEERING2.10%
    CONSULTANCY0.83%CARE2.02%
    HAIR0.74%TRADING1.94%
    CARE0.74%LONDON1.93%
    SERVICE0.65%TRANSPORT1.93%
    S0.65%DESIGN1.66%
    MANAGEMENT0.65%CONSULTANTS1.64%
    TRADERS0.56%ELECTRICAL1.62%
    PROPERTIES0.56%PROPERTIES1.62%
    IT0.56%BUSINESS1.56%
    K0.46%J1.54%
    FOODS0.46%CO.,1.50%
    J0.46%GLOBAL1.49%
    HOME0.46%INVESTMENTS1.48%
    MOTORS0.46%ASSOCIATES1.47%
    AGENTS0.46%DEVELOPMENTS1.35%
    TRANSPORT0.46%MEDIA1.33%
    H0.46%IT1.31%
    CENTRE0.46%BUILDING1.29%
    DEVELOPMENT0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied454265,608
    96090 - Other service activities not elsewhere classified4629,009
    82990 - Other business support service activities not elsewhere classified4358,068
    62020 - Information technology consultancy activities3530,178
    41202 - Construction of domestic buildings327,559
    70229 - Management consultancy activities other than financial management3242,290
    43390 - Other building completion and finishing275,931
    99999 - Dormant Company2148,509
    62090 - Other information technology service activities1712,837
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating154,167
    47910 - Retail sale via mail order houses or via Internet1410,107
    49410 - Freight transport by road1410,842
    74909 - Other professional, scientific and technical activities not elsewhere classified1319,049
    69202 - Bookkeeping activities123,012
    47990 - Other retail sale not in stores, stalls or markets126,452
    68209 - Other letting and operating of own or leased real estate1211,212
    41100 - Development of building projects1211,397
    69201 - Accounting and auditing activities127,528
    47190 - Other retail sale in non-specialised stores113,802
    62012 - Business and domestic software development119,752

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333735 JAFFNA DEVELOPMENT LTD 01 Dec 2014
    09335094 ILAKKIYA SANGAMAM LTD 01 Dec 2014
    09338643 J AND C SCHOOL HOLIDAYS LTD 03 Dec 2014
    09338758 CHIQUE COUTURE LIMITED 03 Dec 2014
    09339921 1 RITZY LTD 03 Dec 2014
    09340543 WHM TRADERS LTD 04 Dec 2014
    09341711 TICKET TO THE SUN LTD 04 Dec 2014
    09341726 NATURAL THERAPY LONDON LIMITED 04 Dec 2014
    09341776 TUNGSTEN METAL UK LTD 04 Dec 2014
    09342844 LAUTIME LIMITED 05 Dec 2014
    09345042 IT HELP SUPPORT LIMITED 08 Dec 2014
    09346157 MICHAEL ZELOUF LTD. 08 Dec 2014
    09348352 ARTI TRUCK LTD 10 Dec 2014
    09349464 AMU SURVEYS LTD 10 Dec 2014
    09350582 ART & DECO LIMITED 11 Dec 2014
    09351708 YOGA WHITES LTD 11 Dec 2014
    09352277 THE WEMBLEY TAVERN LIMITED 12 Dec 2014
    09355298 MUSELII LIMITED 15 Dec 2014
    09356553 VOITECH AUDIO ENGINEERING SERVICES LTD 16 Dec 2014
    09357239 M LAXMI FOODS LIMITED 16 Dec 2014
    09361423 AGRI DERBY LIMITED 18 Dec 2014
    09362691 SEASON SECRETS LIMITED 19 Dec 2014
    09368178 B & L BODYWORK LIMITED 29 Dec 2014
    09369325 CADWANA LTD 30 Dec 2014
    09370152 TENTS AND TOWELS LTD 30 Dec 2014