Harlow, Essex

2014 Half Year Business Confidence Report

Headlines

  • Q2 2014 saw a new record in company registrations in Harlow when compared to any previous Q2.
  • June 2014 saw a new record in company registrations in Harlow when compared to any previous June.
  • May 2014 saw a new record in company registrations in Harlow when compared to any previous May.
  • April 2014 saw a new record in company registrations in Harlow when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 312 companies were formed in Harlow. This figure is 2.6% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Harlow occurred in 2007 when a total of 337 were formed.

    Half Year (Jan-Jun)HarlowUK
    2014312300,731
    2013304269,432
    % change2.6%11.6%
    Record Year2007 (337)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Harlow when compared to any previous Q2.

    A total of 174 companies were registered in Harlow during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 16.8% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HarlowUK
    2014174150,009
    2013149134,630
    % change16.8%11.4%
    Record Year 2014 (174) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Harlow when compared to any previous June.

    May 2014 saw a new record in company registrations in Harlow when compared to any previous May.

    April 2014 saw a new record in company registrations in Harlow when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014665751
    New companies in 2013584843
    % change13.8%18.8%18.6%
    Record Year2014 (66)2014 (57)2014 (51)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 179 companies were dissolved in Harlow. This figure is 16.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Harlow occurred in 2009 when a total of 363 were closed.

    Half Year (Jan-Jun)HarlowUK
    2014179177,207
    2013154155,192
    % change16.2%14.2%
    Record Year2009 (363)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 94 companies were dissolved in Harlow during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 42.4% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)HarlowUK
    20149494,837
    20136677,278
    % change42.4%22.7%
    Record Year 2009 (237) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014174334
    Closed companies in 2013202323
    % change-15.0%87.0%48%
    Record Year2009 (99)2009 (104)2010 (42)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Harlow increased by 133 companies.

    Half Year (Jan-Jun)HarlowUK
    2014133123,524
    2013150114,240
    Record Year2007 (260)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Harlow during the second quarter of 2014 (Apr 2014 - Jun 2014) was 80 companies.

    second quarter (Apr 2014 - Jun 2014)HarlowUK
    20148055,172
    20138357,352
    Record Year 2007 (101) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014491417
    Net growth in 2013382520
    Record Year2007 (58)2003 (41)2011 (28)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

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

    Half Year (Jan-Jun)Harlow
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1997 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Harlow
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1997 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change2.6%9.6%2.8%
    Record Year2007 (0.2%)1997 (0.1%)2010 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.4.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.4.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Harlow was 2008 when 30.0% of all directors were female.

    27.1% of all director appointments in Harlow in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Harlow was in 2011 when 32.1% of all directors were female.

    23.6% of all director appointments in Harlow in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    RTM1.20%CONSULTING5.16%
    CARE0.90%MANAGEMENT4.64%
    MANAGEMENT0.90%CONSULTANCY3.50%
    TRADING0.80%PROPERTY2.66%
    CONSULTING0.70%TRADING2.03%
    ESSEX0.70%ENGINEERING1.99%
    HARLOW0.70%CONSTRUCTION1.93%
    LONDON0.60%LONDON1.93%
    ELECTRICAL0.60%CARE1.85%
    GLOBAL0.60%DESIGN1.75%
    PROPERTY0.60%CONSULTANTS1.73%
    ENGINEERING0.60%BUSINESS1.69%
    BUSINESS0.50%PROPERTIES1.63%
    ACADEMY0.50%TRANSPORT1.58%
    MARKETING0.50%GLOBAL1.55%
    LOGISTICS0.50%INVESTMENTS1.55%
    COURT0.50%J1.51%
    BEAUTY0.50%ASSOCIATES1.48%
    SUPPORT0.50%MEDIA1.44%
    BUILDING0.50%ELECTRICAL1.40%
    TO0.50%IT1.33%
    TRAINING0.50%DEVELOPMENTS1.33%
    CONSULTANCY0.50%BUILDING1.26%
    CARS0.40%M1.24%
    PROJECT0.40%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied258261,557
    82990 - Other business support service activities not elsewhere classified5357,421
    99999 - Dormant Company4548,436
    74909 - Other professional, scientific and technical activities not elsewhere classified3919,058
    96090 - Other service activities not elsewhere classified3528,352
    98000 - Residents property management345,046
    70229 - Management consultancy activities other than financial management3440,250
    86900 - Other human health activities2911,292
    62020 - Information technology consultancy activities2529,029
    74990 - Non-trading company1714,351
    86101 - Hospital activities173,357
    49410 - Freight transport by road159,265
    62090 - Other information technology service activities1513,024
    47910 - Retail sale via mail order houses or via Internet159,900
    43999 - Other specialised construction activities not elsewhere classified148,533
    43390 - Other building completion and finishing135,855
    80100 - Private security activities113,304
    43210 - Electrical installation116,050
    86210 - General medical practice activities114,176
    69201 - Accounting and auditing activities107,415

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09022505 WPP VENTURES LIMITED 02 May 2014
    09024322 ESSEX WASTE LIMITED 06 May 2014
    09025385 ABSOLUTE PROPERTY PROJECTS LTD 06 May 2014
    09028020 HILLEY ELECTRICAL CONTRACTORS LIMITED 07 May 2014
    09031096 WARE GERRY 0555 LIMITED 08 May 2014
    09032135 EMERGING IMPACT LTD 09 May 2014
    09037190 AG INTERIORS LTD 13 May 2014
    09057416 S.A NETWORK CONSULTANTS LTD 27 May 2014
    09061394 ARDFRY STUD LTD. 29 May 2014
    09062352 SELINA BLOW LIMITED 29 May 2014
    09024734 SK ACADEMY LTD 06 May 2014
    09029470 VEENGRE LTD 08 May 2014
    09033431 WELLER JOHN 0168 LIMITED 12 May 2014
    09036279 WESTFIELD 1964 LIMITED 13 May 2014
    09044848 D AND A EVENTS LTD 16 May 2014
    09054957 M & F LIMITED COMPANY LIMITED 23 May 2014
    09022265 WILS SECURITY LIMITED 01 May 2014
    09028472 THE HARMONY CENTRE LIMITED 07 May 2014
    09033501 AZURE BEAUTY LONDON LIMITED 12 May 2014
    09040460 JS FIRE SOLUTIONS LTD 14 May 2014
    09040686 LENDFAIR ASSETS LTD 15 May 2014
    09054613 ELECTRICS SAFE LIMITED 23 May 2014
    09025789 MAJESTIC STUDENT DEVELOPMENTS LIMITED 06 May 2014
    09031518 H&K BUSINESS ASSOCIATES LIMITED 09 May 2014
    09049631 LMSJ UK LTD 21 May 2014