Harlow, Essex

Q1 2014 Business Confidence Report

Headlines

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

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 138 companies were registered in Harlow during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 11.0% 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)HarlowUK
    2014138150,722
    2013155134,802
    % change-11.0%11.8%
    Record Year 2007 (204) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014474645
    New companies in 2013524558
    % change-9.6%2.2%-22.4%
    Record Year2007 (71)2007 (63)2007 (70)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 85 companies were dissolved in Harlow during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 3.4% versus the same period last year (Q1 2013). This figure compares well 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)HarlowUK
    20148582,370
    20138877,914
    % change-3.4%5.7%
    Record Year 2009 (126) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

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

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014282928
    Closed companies in 2013362131
    % change-22.2%38.1%-10%
    Record Year2013 (36)2014 (29)2009 (96)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Harlow during the first quarter of 2014 (Jan 2014 - Mar 2014) was 53 companies.

    first quarter (Jan 2014 - Mar 2014)HarlowUK
    20145368,352
    20136756,888
    Record Year 2007 (159) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014191717
    Net growth in 2013162427
    Record Year2007 (58)2007 (47)2007 (54)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

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

    first quarter (Jan 2014 - Mar 2014)Harlow
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2007 (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 20130.1%0.1%0.1%
    % change-15.4%-5.6%-35.3%
    Record Year2007 (0.2%)1994 (0.2%)1997 (0.1%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.1.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.1% 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 Harlow was in 2008 when 33.5% of all directors were female.

    31.6% of all director appointments in Harlow 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
    MANAGEMENT1.05%CONSULTING5.22%
    RTM0.95%MANAGEMENT4.67%
    CONSTRUCTION0.74%CONSULTANCY3.49%
    TRADING0.74%PROPERTY2.64%
    TRAINING0.63%TRADING2.05%
    HARLOW0.63%LONDON1.88%
    CONSULTING0.63%ENGINEERING1.86%
    GLOBAL0.63%CARE1.79%
    ESSEX0.63%CONSTRUCTION1.75%
    MEDIA0.63%DESIGN1.75%
    BUILDING0.53%CONSULTANTS1.73%
    CARE0.53%BUSINESS1.71%
    PROPERTY0.53%PROPERTIES1.60%
    ENGINEERING0.53%INVESTMENTS1.60%
    CONSULTANCY0.53%GLOBAL1.58%
    ELECTRICAL0.53%J1.48%
    ENTERPRISES0.53%ASSOCIATES1.48%
    IT0.53%MEDIA1.48%
    PROJECT0.42%IT1.33%
    S0.42%TRANSPORT1.30%
    MARKETING0.42%DEVELOPMENTS1.29%
    BEAUTY0.42%BUILDING1.24%
    HEATING0.42%M1.21%
    TO0.42%CAPITAL1.20%
    E0.42%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied291280,210
    82990 - Other business support service activities not elsewhere classified5456,411
    99999 - Dormant Company4347,084
    96090 - Other service activities not elsewhere classified3826,700
    74909 - Other professional, scientific and technical activities not elsewhere classified3518,491
    98000 - Residents property management354,832
    70229 - Management consultancy activities other than financial management3237,882
    62020 - Information technology consultancy activities2527,750
    86900 - Other human health activities2210,273
    74990 - Non-trading company1914,135
    49410 - Freight transport by road178,014
    62090 - Other information technology service activities1512,813
    86101 - Hospital activities152,870
    43390 - Other building completion and finishing125,521
    47910 - Retail sale via mail order houses or via Internet129,358
    43999 - Other specialised construction activities not elsewhere classified128,155
    86210 - General medical practice activities113,987
    45200 - Maintenance and repair of motor vehicles105,130
    41100 - Development of building projects109,855
    80100 - Private security activities103,220

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08872951 SUMDIKHA MEDICALS LTD 03 Feb 2014
    08875999 H G EVANS GARAGE LIMITED 04 Feb 2014
    08881741 VITAL VISION HEALTH LIMITED 07 Feb 2014
    08885170 CONCEPT ROOFING UK LIMITED 11 Feb 2014
    08898909 RPWS MANAGEMENT LTD 17 Feb 2014
    08904901 SHARI LTD 20 Feb 2014
    08905814 ZENITH DESIGN AND INSTALLATION LTD 21 Feb 2014
    08911906 FITFAM CLOTHING LTD 25 Feb 2014
    08872907 BEKSAT LIMITED 03 Feb 2014
    08883879 PEDIACARE LTD 10 Feb 2014
    08896458 GR ACCOUNTANCY LIMITED 14 Feb 2014
    08902121 J BERRY CONSTRUCTION LTD 19 Feb 2014
    08909156 DOUBLE PERFECTION LIMITED 24 Feb 2014
    08877841 HOME FURNITURE MAINTENANCE LIMITED 05 Feb 2014
    08885731 HART AVIATION TECHNICAL SERVICES LTD 11 Feb 2014
    08893242 LVS FRUIT LIMITED 13 Feb 2014
    08894828 MIRAKLE HEALTHCARE INTERNATIONAL LTD 14 Feb 2014
    08912449 DANISH SHARONG LIMITED 26 Feb 2014
    08872474 SYVAX LIMITED 03 Feb 2014
    08892049 CASPIAN TERN INTERNATIONAL TRADING LIMITED 12 Feb 2014
    08901348 DMA TRANS LTD 19 Feb 2014
    08910251 TWINNY LIMITED 25 Feb 2014
    08910561 SAH HAULAGE LIMITED 25 Feb 2014
    08914135 BYTEFORM LIMITED 27 Feb 2014
    08917321 SOLUTIONS24 (UK) LTD. 28 Feb 2014