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
    08828997 ESSEX CONSTRUCTION AND DEMOLITION LIMITED 02 Jan 2014
    08830498 ULLAH BUSINESS CONSULTING LTD 03 Jan 2014
    08831826 D.LEL PROPERTIES (UK) LTD. 06 Jan 2014
    08833821 TLS ENGINEERING LIMITED 07 Jan 2014
    08837128 PAUL NORTON LIMITED 08 Jan 2014
    08837365 SEAGULL ENGINEERING LIMITED 08 Jan 2014
    08845756 SISU INVESTMENTS LTD 15 Jan 2014
    08845760 SISU PROPERTIES LTD 15 Jan 2014
    08847856 INSULATION AND BUILDING SALES LIMITED 16 Jan 2014
    08848818 NEIL COWAN CONSULTING LTD 16 Jan 2014
    08854117 MAGIC PRETZEL TWIST LIMITED 21 Jan 2014
    08860148 ANDERSON ELECTRICAL-TECHNICAL SERVICES LIMITED 24 Jan 2014
    08860615 HS ACCOUNTING SOLUTIONS LIMITED 24 Jan 2014
    08866185 ESP POWDER COATING (UK) LIMITED 29 Jan 2014
    08829025 TRINA AND SPENCER LTD 02 Jan 2014
    08832695 BROADSTONE CONSULTANTS LTD 06 Jan 2014
    08837843 LRM SURVEY SERVICES LTD 09 Jan 2014
    08839216 GLENN HODDLE LIMITED 09 Jan 2014
    08849065 MAJOR GLASS AND GLAZING LTD. 16 Jan 2014
    08850425 BBA ENGINEERING LIMITED 17 Jan 2014
    08859870 2C PROPERTY LIMITED 24 Jan 2014
    08861076 SKYTEC IT LIMITED 24 Jan 2014
    08864764 BUGTRAP LTD 28 Jan 2014
    08869787 HEMAPS LIMITED 30 Jan 2014
    08870282 CLD FINANCIAL SOLUTIONS LTD 30 Jan 2014