Hornchurch, Essex

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company registrations in Hornchurch 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 172 companies were registered in Hornchurch during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 2.8% 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)HornchurchUK
    2014172150,722
    2013177134,802
    % change-2.8%11.8%
    Record Year 2007 (203) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Hornchurch when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014596152
    New companies in 2013595266
    % change0.0%17.3%-21.2%
    Record Year2013 (59)2007 (61)2007 (89)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 94 companies were dissolved in Hornchurch during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 19.7% 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)HornchurchUK
    20149482,370
    201311777,914
    % change-19.7%5.7%
    Record Year 2011 (148) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014373423
    Closed companies in 2013503928
    % change-26.0%-12.8%-18%
    Record Year2013 (50)2011 (53)2009 (69)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Hornchurch during the first quarter of 2014 (Jan 2014 - Mar 2014) was 78 companies.

    first quarter (Jan 2014 - Mar 2014)HornchurchUK
    20147868,352
    20136056,888
    Record Year 2007 (114) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014222729
    Net growth in 201391338
    Record Year2003 (35)2005 (37)2007 (57)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

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

    first quarter (Jan 2014 - Mar 2014)Hornchurch
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1998 (0.2%)
    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-6.4%8.3%-34.2%
    Record Year1997 (0.2%)1965 (0.6%)2002 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.8.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.2% 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 Hornchurch was in 2008 when 34.7% of all directors were female.

    29.7% of all director appointments in Hornchurch 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
    CONSULTANCY1.83%CONSULTING5.22%
    MEDICAL1.55%MANAGEMENT4.67%
    LONDON1.37%CONSULTANCY3.49%
    PROPERTY1.37%PROPERTY2.64%
    BUILDING1.37%TRADING2.05%
    ESSEX1.28%LONDON1.88%
    CONSULTING1.00%ENGINEERING1.86%
    J1.00%CARE1.79%
    CONSTRUCTION1.00%CONSTRUCTION1.75%
    MANAGEMENT1.00%DESIGN1.75%
    INVESTMENTS0.91%CONSULTANTS1.73%
    ELECTRICAL0.73%BUSINESS1.71%
    MAINTENANCE0.64%PROPERTIES1.60%
    CARE0.64%INVESTMENTS1.60%
    CONSULTANTS0.64%GLOBAL1.58%
    SECURITY0.55%J1.48%
    HOUSE0.55%ASSOCIATES1.48%
    SISU0.46%MEDIA1.48%
    HOMES0.46%IT1.33%
    DESIGN0.46%TRANSPORT1.30%
    TRADING0.46%DEVELOPMENTS1.29%
    ROOFING0.46%BUILDING1.24%
    HEALTH0.46%M1.21%
    (ESSEX)0.46%CAPITAL1.20%
    FOR0.46%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied320280,210
    82990 - Other business support service activities not elsewhere classified9356,411
    99999 - Dormant Company5747,084
    96090 - Other service activities not elsewhere classified3626,700
    70229 - Management consultancy activities other than financial management3537,882
    62020 - Information technology consultancy activities2727,750
    86230 - Dental practice activities172,053
    43390 - Other building completion and finishing165,521
    86900 - Other human health activities1510,273
    43210 - Electrical installation155,885
    43220 - Plumbing, heat and air-conditioning installation144,866
    41100 - Development of building projects139,855
    43290 - Other construction installation123,231
    74909 - Other professional, scientific and technical activities not elsewhere classified1218,491
    43999 - Other specialised construction activities not elsewhere classified118,155
    68209 - Other letting and operating of own or leased real estate119,284
    64999 - Financial intermediation not elsewhere classified105,537
    62090 - Other information technology service activities912,813
    49410 - Freight transport by road98,014
    45200 - Maintenance and repair of motor vehicles95,130

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08876252 CULLEN SECURITY SYSTEMS LIMITED 04 Feb 2014
    08877073 DAKK ENTERPRISES LIMITED 05 Feb 2014
    08884117 DAVIDS SPICES LIMITED 10 Feb 2014
    08887774 WHITELITE ENGINEERING LTD 12 Feb 2014
    08891154 DISCRETE BUSINESS CONSULTANTS LTD 12 Feb 2014
    08899218 MENTON CONSULTANTS LTD 18 Feb 2014
    08899875 BLUEWATER SOUTHERN LIMITED 18 Feb 2014
    08899914 ENGAGE AND ALIGN LTD 18 Feb 2014
    08899918 BLUEWATER BUILDING SERVICES LIMITED 18 Feb 2014
    08908348 HARPA & HIVE LTD 24 Feb 2014
    08914599 THERESA BATES CONSULTANCY LIMITED 27 Feb 2014
    08915035 TB CONSTRUCTION SERVICES LIMITED 27 Feb 2014
    08915625 JOHNS HAIR STYLISTS LIMITED 27 Feb 2014
    08917839 NK PHYSIOTHERAPY LTD 28 Feb 2014
    08878245 FIRSTBEV LIMITED 05 Feb 2014
    08883103 FINAL CHECKS BY DANIELLE EVERITT LTD 10 Feb 2014
    08884640 ON-TIME SHOPFRONT LTD 10 Feb 2014
    08886264 ESSEX DRIFTERS LTD 11 Feb 2014
    08892494 JAMES NEWMAN SOLUTIONS LIMITED 13 Feb 2014
    08892655 SAXON PAPER PRODUCTS LIMITED 13 Feb 2014
    08893154 DM EXPRESS DELIVERIES LIMITED 13 Feb 2014
    08896524 NCT ENTERPRISES LIMITED 14 Feb 2014
    08899652 UK FITOUT LTD 18 Feb 2014
    08909691 RECUNNECT LIMITED 25 Feb 2014
    08909923 JUSTRECUNNECT LIMITED 25 Feb 2014