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
    OC391734 HAMPSON AND LUCK LLP 05 Mar 2014
    08918351 HS MEDICAL CONSULTANCY LIMITED 03 Mar 2014
    08920324 DUNEDIN CONSULTANCY & ADMINISTRATION SERVICES LIMITED 03 Mar 2014
    08924879 L C CONSTRUCTION SPECIALISTS LTD 05 Mar 2014
    08925930 J BURGOYNE LTD 06 Mar 2014
    08930500 JOANNA THOMPSON LIMITED 10 Mar 2014
    08932207 KANTHAN MEDICS LIMITED 11 Mar 2014
    08932526 LONDON CITY JOINERY LIMITED 11 Mar 2014
    08935445 CORE RAIL SERVICES LTD 12 Mar 2014
    08937847 SPORTS & REMEDIAL THERAPY 360 LTD 13 Mar 2014
    08944424 GENTLE PARENTING LTD 18 Mar 2014
    08945493 LABURNUM HEALTH LIMITED 18 Mar 2014
    08947544 SHOES FOR SCHOOL LTD 19 Mar 2014
    08951042 SISU VENTURE COURT LTD 20 Mar 2014
    08951312 SISU METROPOLITAN HOUSE LTD 20 Mar 2014
    08951330 SISU INVESTMENTS 1 LTD 20 Mar 2014
    OC392125 JRF PROJECT MANAGEMENT SERVICES LLP 24 Mar 2014
    08957277 CONSTRUCTION SERVICE SOLUTIONS LTD 25 Mar 2014
    08959438 MERCYFORLIFEFOUNDATION 26 Mar 2014
    08959838 AVANT GARDEN RECORDS LIMITED 26 Mar 2014
    08963472 MISTERT TECHNICAL AUTHORING LIMITED 27 Mar 2014
    08924118 LONDON GLOBE CONSULTANCY LTD 05 Mar 2014
    08936334 AIM STAFF LIMITED 12 Mar 2014
    08942245 EAGLE NEST BUILDERS LIMITED 17 Mar 2014
    08947141 3-SPHERE LONDON LTD 19 Mar 2014