Harrow, Greater London

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Harrow when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Harrow when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Harrow when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Harrow when compared to any previous December.
  • October 2014 saw a new record in company registrations in Harrow when compared to any previous October.
  • December 2014 saw a new record in company closures in Harrow when compared to any previous December.
  • November 2014 saw a new record in company closures in Harrow when compared to any previous November.
  • October 2014 saw a new record in net growth in Harrow when compared to any previous October.

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 Harrow when compared to any year in history.

    A total of 3,462 companies were formed in Harrow in 2014. This total is 6.8% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHarrowUK
    20143,462582,051
    20133,242529,363
    20122,909491,893
    20112,691452,870
    20102,630400,358
    Record Year2014 (3,462)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 Harrow when compared to any previous second half year.

    In the second half of 2014 a total of 1,723 companies were formed in Harrow. This figure is 1.5% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Harrow occurred in 2014 when a total of 1,723 were formed.

    Half Year (Jul-Dec)HarrowUK
    20141,723281,320
    20131,697259,931
    % change1.5%8.2%
    Record Year2014 (1,723)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 Harrow when compared to any previous Q4.

    A total of 834 companies were registered in Harrow during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 0.2% 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)HarrowUK
    2014834137,906
    2013832127,247
    % change0.2%8.4%
    Record Year 2014 (834) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Harrow when compared to any previous December.

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014328269237
    New companies in 2013327278227
    % change0.3%-3.2%4.4%
    Record Year2014 (328)2013 (278)2014 (237)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,261 companies were dissolved in Harrow in 2014. This total is 18.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearHarrowUK
    20142,261367,937
    20131,901332,213
    20121,786293,729
    20111,857314,524
    20101,982342,233
    Record Year2009 (3,081)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,202 companies were dissolved in Harrow. This figure is 19.5% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Harrow occurred in 2009 when a total of 1,285 were closed.

    Half Year (Jul-Dec)HarrowUK
    20141,202190,730
    20131,006177,021
    % change19.5%7.7%
    Record Year2009 (1,285)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 583 companies were dissolved in Harrow during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 9.4% 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)HarrowUK
    201458389,060
    201353390,851
    % change9.4%-2.0%
    Record Year 2014 (583) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014156209218
    Closed companies in 2013195158180
    % change-20.0%32.3%21%
    Record Year2013 (195)2014 (209)2014 (218)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,201 companies were added to the company register for Harrow in 2014. This number represents growth of 34.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 140 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Harrow company register grew by 1,341 companies.

    YearHarrowUK
    20141,201214,114
    20131,341197,150
    20121,123198,164
    2011834138,346
    201064858,125
    Record Year2013 (1,341)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Harrow increased by 521 companies.

    Half Year (Jul-Dec)HarrowUK
    201452190,590
    201369182,910
    Record Year2013 (691)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Harrow during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 251 companies.

    fourth quarter (Oct 2014 - Dec 2014)HarrowUK
    201425148,846
    201329936,396
    Record Year 2012 (330) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141726019
    Net growth in 201313212047
    Record Year2014 (172)2012 (125)2012 (126)

UK Company Share

  1. Annual Data (2014)

    In 2014 Harrow formed 0.6% of all UK companies. This is no change on 2013 when Harrow was responsible for 0.6% of all UK companies.

    YearHarrow
    20140.6%
    20130.6%
    20120.6%
    20110.6%
    20100.7%
    Record Year (since 1960)2009 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Harrow formed 0.6% of all UK companies. This is less than the 2013 figure of 0.7%.

    Half Year (Jul-Dec)Harrow
    20140.6%
    20130.7%
    20120.6%
    20110.6%
    20100.6%
    Record Year (since 1960) 2009 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Harrow formed 0.6% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Harrow
    20140.6%
    20130.7%
    20120.6%
    20110.6%
    20100.6%
    Record Year (since 1960) 2000 (0.7%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.6%0.6%0.6%
    UK formation share in 20130.7%0.6%0.7%
    % change-4.6%-8.1%-10.6%
    Record Year1999 (0.9%)2000 (0.8%)1981 (0.9%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.5.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.9% 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 41.1.

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

    The percentage of directors over the age of 65 was 4.2% 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 41.0.

    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 5.0% 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 Harrow was 1953 when 100.0% of all directors were female.

    The percentage of female directors in Harrow in 2014 was 23.6%. 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 Harrow was 2012 when 23.8% of all directors were female.

    23.2% of all director appointments in Harrow 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 Harrow was in 2012 when 26.5% of all directors were female.

    24.3% of all director appointments in Harrow 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
    CONSULTING2.00%CONSULTING5.22%
    CONSULTANCY1.91%MANAGEMENT4.58%
    LONDON1.37%CONSULTANCY3.57%
    MANAGEMENT1.14%PROPERTY2.66%
    PROPERTIES1.12%CONSTRUCTION2.12%
    PROPERTY1.02%ENGINEERING2.10%
    CONSULTANTS0.98%CARE2.02%
    TRADING0.98%TRADING1.94%
    CONSTRUCTION0.87%LONDON1.93%
    INVESTMENTS0.87%TRANSPORT1.93%
    CARE0.84%DESIGN1.66%
    BUSINESS0.82%CONSULTANTS1.64%
    GLOBAL0.75%ELECTRICAL1.62%
    BUILDING0.61%PROPERTIES1.62%
    CO0.59%BUSINESS1.56%
    FOOD0.57%J1.54%
    DESIGN0.57%CO.,1.50%
    MEDIA0.55%GLOBAL1.49%
    ASSOCIATES0.55%INVESTMENTS1.48%
    CAPITAL0.52%ASSOCIATES1.47%
    DEVELOPMENTS0.50%DEVELOPMENTS1.35%
    HEALTHCARE0.50%MEDIA1.33%
    IT0.48%IT1.31%
    TRANSPORT0.46%BUILDING1.29%
    SYSTEMS0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,554265,608
    82990 - Other business support service activities not elsewhere classified33958,068
    62020 - Information technology consultancy activities30230,178
    99999 - Dormant Company25248,509
    96090 - Other service activities not elsewhere classified25129,009
    70229 - Management consultancy activities other than financial management19342,290
    74909 - Other professional, scientific and technical activities not elsewhere classified11919,049
    62090 - Other information technology service activities10112,837
    68209 - Other letting and operating of own or leased real estate8711,212
    69201 - Accounting and auditing activities817,528
    86900 - Other human health activities7912,976
    62012 - Business and domestic software development739,752
    47910 - Retail sale via mail order houses or via Internet7310,107
    41202 - Construction of domestic buildings687,559
    56101 - Licensed restaurants688,782
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating624,167
    41100 - Development of building projects5711,397
    59111 - Motion picture production activities553,245
    86210 - General medical practice activities534,591
    96020 - Hairdressing and other beauty treatment526,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09242959 RESEARCH PARTNERS ASSOCIATES LIMITED 01 Oct 2014
    09244351 J S AHUJA ENTERPRISES LIMITED 01 Oct 2014
    09245803 JAE-NAOMI RETAIL LTD 02 Oct 2014
    09247319 BALASESCU TRANSPORT LTD 03 Oct 2014
    09247331 EMW TRADING LTD 03 Oct 2014
    09248073 H K EDWARDS LTD 03 Oct 2014
    09249251 MCHISZON PRIVATE LTD 06 Oct 2014
    09251689 NEWCROWD LTD 07 Oct 2014
    09252524 RUCO CONSULTING LIMITED 07 Oct 2014
    09254641 CINCERA PRODUCTIONS LIMITED 08 Oct 2014
    09254955 MJW DESIGN (UK) LIMITED 08 Oct 2014
    09260492 SONNY BHAMBRA ADVISORY LIMITED 13 Oct 2014
    09261696 KMM ENTERPRISES LIMITED 13 Oct 2014
    09262884 UA TELECOM LIMITED 14 Oct 2014
    09263791 SEVA CARE TRUST LIMITED 14 Oct 2014
    09265076 SCALYZE LTD 15 Oct 2014
    09265607 SHRUTHI STAR LTD 15 Oct 2014
    09265781 BANCESCU LTD 15 Oct 2014
    09268788 DELLUX CONSTRUCTIONS LIMITED 17 Oct 2014
    OC395966 T.R. UK INVESTMENTS LLP 17 Oct 2014
    09270587 JJKR DISTRIBUTION LTD 20 Oct 2014
    09274253 CARMEL ENVIRONMENTAL SERVICES LTD 21 Oct 2014
    09274743 THE EXCEL (GROUP) LIMITED 22 Oct 2014
    09274968 WH (SCOTLAND) LTD 22 Oct 2014
    09275260 NW10 INVESTMENTS LIMITED 22 Oct 2014