Hornchurch, Essex

2010 Annual Business Confidence Report

Headlines

  • December 2010 saw a new record in company registrations in Hornchurch when compared to any previous December.
  • Q4 2010 saw a new record in company closures in Hornchurch when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Hornchurch when compared to any previous November.
  • October 2010 saw a new record in company closures in Hornchurch 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 (2010)

    A total of 534 companies were formed in Hornchurch in 2010. This total is 15.8% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearHornchurchUK
    2010534400,358
    2009461362,675
    2008512349,203
    2007669457,649
    2006465405,440
    Record Year2007 (669)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 263 companies were formed in Hornchurch. This figure is 11.9% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Hornchurch occurred in 2007 when a total of 279 were formed.

    Half Year (Jul-Dec)HornchurchUK
    2010263196,609
    2009235180,654
    % change11.9%8.8%
    Record Year2007 (279)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 118 companies were registered in Hornchurch during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 15.7% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HornchurchUK
    201011895,117
    200910285,983
    % change15.7%10.6%
    Record Year 2002 (130) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Hornchurch when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010443638
    New companies in 2009403824
    % change10.0%-5.3%58.3%
    Record Year2003 (54)2002 (49)2010 (38)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 534 companies were dissolved in Hornchurch in 2010. This total is 8.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearHornchurchUK
    2010534342,232
    2009585533,773
    2008426237,901
    2007291220,295
    2006301200,166
    Record Year2009 (585)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 284 companies were dissolved in Hornchurch. This figure is 10.9% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Hornchurch occurred in 2008 when a total of 304 were closed.

    Half Year (Jul-Dec)HornchurchUK
    2010284164,601
    2009256244,537
    % change10.9%-32.7%
    Record Year2008 (304)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Hornchurch when compared to any previous Q4.

    A total of 131 companies were dissolved in Hornchurch during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 6.5% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HornchurchUK
    201013176,896
    200912385,136
    % change6.5%-9.7%
    Record Year 2010 (131) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Hornchurch when compared to any previous November.

    October 2010 saw a new record in company closures in Hornchurch when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010466025
    Closed companies in 2009334941
    % change39.4%22.4%-39%
    Record Year2010 (46)2010 (60)2009 (41)

Net Company Growth

  1. Annual Data (2010)

    A total of 0 companies were added to the company register for Hornchurch in 2010. This number represents growth of 0.0% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 124 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Hornchurch company register grew by 378 companies.

    YearHornchurchUK
    2010058,126
    2009-124-171,098
    200886111,302
    2007378237,354
    2006164205,274
    Record Year2007 (378)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Hornchurch decreased by 21 companies.

    Half Year (Jul-Dec)HornchurchUK
    2010-2132,008
    2009-21-63,883
    Record Year2002 (155)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Hornchurch during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -13 companies.

    fourth quarter (Oct 2010 - Dec 2010)HornchurchUK
    2010-1318,221
    2009-21847
    Record Year 2002 (80) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-2-2413
    Net growth in 20097-11-17
    Record Year2003 (41)2002 (36)2002 (25)

UK Company Share

  1. Annual Data (2010)

    In 2010 Hornchurch formed 0.1% of all UK companies. This is no change on 2009 when Hornchurch was responsible for 0.1% of all UK companies.

    YearHornchurch
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1969 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Hornchurch formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Hornchurch
    20100.1%
    20090.1%
    20080.1%
    20070.2%
    20060.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Hornchurch formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Hornchurch
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-3.7%-15.3%50.5%
    Record Year1965 (0.4%)1966 (0.5%)1968 (0.9%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.7.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 42.8.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.3.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Hornchurch was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hornchurch in 2010 was 26.9%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Hornchurch was 1860 when 42.9% of all directors were female.

    23.8% of all director appointments in Hornchurch in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Hornchurch was in 1977 when 31.1% of all directors were female.

    27.3% of all director appointments in Hornchurch in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    LONDON2.09%CONSULTING5.06%
    PROPERTY1.65%MANAGEMENT5.01%
    MANAGEMENT1.21%CONSULTANCY3.14%
    BUILDING1.10%PROPERTY2.36%
    CONSULTING1.10%TRADING2.11%
    MAINTENANCE1.10%ASSOCIATES1.95%
    M0.88%DESIGN1.92%
    CARE0.77%BUSINESS1.82%
    HEALTH0.66%CONSTRUCTION1.82%
    ELECTRICAL0.66%CONSULTANTS1.76%
    CONSULTANTS0.66%MEDIA1.71%
    MEATS0.66%ENGINEERING1.62%
    EVENTS0.55%LONDON1.60%
    D0.55%CARE1.45%
    J0.55%INVESTMENTS1.44%
    PRODUCTIONS0.55%GLOBAL1.43%
    CONSULTANCY0.55%J1.42%
    R0.55%IT1.41%
    TRADING0.55%PROPERTIES1.34%
    DENTAL0.44%INTERNATIONAL1.34%
    CORPORATE0.44%BUILDING1.34%
    SECURITY0.44%M1.30%
    PROPERTIES0.44%ELECTRICAL1.25%
    INVESTMENTS0.44%SYSTEMS1.24%
    HOME0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied216199,572
    7487 - Other business activities10763,348
    82990 - Other business support service activities not elsewhere classified4627,550
    86230 - Dental practice activities371,222
    9999 - Dormant Company2720,144
    9305 - Other service activities238,858
    62012 - Business and domestic software development202,858
    8513 - Dental practice activities19515
    7222 - Other software consultancy and supply187,298
    7414 - Business & management consultancy1513,474
    62020 - Information technology consultancy activities139,177
    4521 - General construction & civil engineering126,598
    5530 - Restaurants124,939
    99999 - Dormant Company1216,285
    96090 - Other service activities not elsewhere classified128,799
    7450 - Labour recruitment112,783
    74909 - Other professional, scientific and technical activities not elsewhere classified97,088
    4531 - Installation electrical wiring etc.92,170
    70229 - Management consultancy activities other than financial management914,505
    43210 - Electrical installation82,980

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07453820 HENLY ARTHUR LIMITED 29 Nov 2010
    07450067 LAWACK HOMES LIMITED 24 Nov 2010
    07448352 GRACEEXPRESS LIMITED 23 Nov 2010
    07448174 RECLAIM PPI LIMITED 23 Nov 2010
    07446394 LIME TELECOM LTD 22 Nov 2010
    07444133 ODONTOLOGICAL LIMITED 18 Nov 2010
    07442303 EAAT LIMITED 17 Nov 2010
    07441650 SOCKETSEC LIMITED 16 Nov 2010
    07439042 PEARTREE MANAGEMENT SOLUTIONS LIMITED 15 Nov 2010
    07438988 SIMPLYTEETH ONLINE LTD 15 Nov 2010
    07437878 HOMEGUARD EXTERIOR COATINGS LIMITED 12 Nov 2010
    07436329 ROM THEATRE 11 Nov 2010
    07435922 GOLDTROWEL UK LIMITED 10 Nov 2010
    07431037 J9UK LIMITED 05 Nov 2010
    07429283 CASTLE HOUSE RESIDENTS MAINTENANCE COMPANY LIMITED 04 Nov 2010
    07454090 RIOT PR & ENTERTAINMENT LIMITED 29 Nov 2010
    07453242 BEST CAFE LIMITED 29 Nov 2010
    07442051 LONDON TYRE SERVICES LIMITED 17 Nov 2010
    07441412 D & B FRESH TRADING LIMITED 16 Nov 2010
    07441118 AOC (PIPEWORK) LIMITED 16 Nov 2010
    07439155 A.R.T PROPERTY MAINTENANCE LIMITED 15 Nov 2010
    07438816 NJ CREATIVE LIMITED 12 Nov 2010
    07430335 FINE FINISHING LIMITED 04 Nov 2010
    07426690 SCISCO GLOBAL SOLUTIONS LIMITED 02 Nov 2010
    07425985 LV PROPERTIES (S E) LIMITED 02 Nov 2010