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
New Company Registrations
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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.
Year Hornchurch UK 2010 534 400,358 2009 461 362,675 2008 512 349,203 2007 669 457,649 2006 465 405,440 Record Year 2007 (669) 2007 (457,649) New Companies by Year
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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) Hornchurch UK 2010 263 196,609 2009 235 180,654 % change 11.9% 8.8% Record Year 2007 (279) 2003 (201,446) New Companies by Half Year
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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) Hornchurch UK 2010 118 95,117 2009 102 85,983 % change 15.7% 10.6% Record Year 2002 (130) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 44 36 38 New companies in 2009 40 38 24 % change 10.0% -5.3% 58.3% Record Year 2003 (54) 2002 (49) 2010 (38)
Closed Companies (dissolved)
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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.
Year Hornchurch UK 2010 534 342,232 2009 585 533,773 2008 426 237,901 2007 291 220,295 2006 301 200,166 Record Year 2009 (585) 2009 (533,773) Dissolved Companies by Year
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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) Hornchurch UK 2010 284 164,601 2009 256 244,537 % change 10.9% -32.7% Record Year 2008 (304) 2009 (244,537) Dissolved Companies by Half Year
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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) Hornchurch UK 2010 131 76,896 2009 123 85,136 % change 6.5% -9.7% Record Year 2010 (131) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 46 60 25 Closed companies in 2009 33 49 41 % change 39.4% 22.4% -39% Record Year 2010 (46) 2010 (60) 2009 (41)
Net Company Growth
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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.
Year Hornchurch UK 2010 0 58,126 2009 -124 -171,098 2008 86 111,302 2007 378 237,354 2006 164 205,274 Record Year 2007 (378) 2003 (242,543) Net Growth by Year
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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) Hornchurch UK 2010 -21 32,008 2009 -21 -63,883 Record Year 2002 (155) 2003 (117,772) Net Growth by Half Year
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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) Hornchurch UK 2010 -13 18,221 2009 -21 847 Record Year 2002 (80) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -2 -24 13 Net growth in 2009 7 -11 -17 Record Year 2003 (41) 2002 (36) 2002 (25)
UK Company Share
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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.
Year Hornchurch 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.3%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.2% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -3.7% -15.3% 50.5% Record Year 1965 (0.4%) 1966 (0.5%) 1968 (0.9%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 2.09% CONSULTING 5.06% PROPERTY 1.65% MANAGEMENT 5.01% MANAGEMENT 1.21% CONSULTANCY 3.14% BUILDING 1.10% PROPERTY 2.36% CONSULTING 1.10% TRADING 2.11% MAINTENANCE 1.10% ASSOCIATES 1.95% M 0.88% DESIGN 1.92% CARE 0.77% BUSINESS 1.82% HEALTH 0.66% CONSTRUCTION 1.82% ELECTRICAL 0.66% CONSULTANTS 1.76% CONSULTANTS 0.66% MEDIA 1.71% MEATS 0.66% ENGINEERING 1.62% EVENTS 0.55% LONDON 1.60% D 0.55% CARE 1.45% J 0.55% INVESTMENTS 1.44% PRODUCTIONS 0.55% GLOBAL 1.43% CONSULTANCY 0.55% J 1.42% R 0.55% IT 1.41% TRADING 0.55% PROPERTIES 1.34% DENTAL 0.44% INTERNATIONAL 1.34% CORPORATE 0.44% BUILDING 1.34% SECURITY 0.44% M 1.30% PROPERTIES 0.44% ELECTRICAL 1.25% INVESTMENTS 0.44% SYSTEMS 1.24% HOME 0.44% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 216 199,572 7487 - Other business activities 107 63,348 82990 - Other business support service activities not elsewhere classified 46 27,550 86230 - Dental practice activities 37 1,222 9999 - Dormant Company 27 20,144 9305 - Other service activities 23 8,858 62012 - Business and domestic software development 20 2,858 8513 - Dental practice activities 19 515 7222 - Other software consultancy and supply 18 7,298 7414 - Business & management consultancy 15 13,474 62020 - Information technology consultancy activities 13 9,177 4521 - General construction & civil engineering 12 6,598 5530 - Restaurants 12 4,939 99999 - Dormant Company 12 16,285 96090 - Other service activities not elsewhere classified 12 8,799 7450 - Labour recruitment 11 2,783 74909 - Other professional, scientific and technical activities not elsewhere classified 9 7,088 4531 - Installation electrical wiring etc. 9 2,170 70229 - Management consultancy activities other than financial management 9 14,505 43210 - Electrical installation 8 2,980
Recent Companies
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Randomly selected companies from this quarter
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