Hornchurch, Essex

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Hornchurch when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Hornchurch when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Hornchurch when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Hornchurch when compared to any previous December.
  • October 2014 saw a new record in company registrations in Hornchurch when compared to any previous October.
  • December 2014 saw a new record in company closures in Hornchurch when compared to any previous December.

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 (2014)

    2014 was a record year for company registrations in Hornchurch when compared to any year in history.

    A total of 715 companies were formed in Hornchurch in 2014. This total is 4.5% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHornchurchUK
    2014715582,051
    2013684529,363
    2012570491,893
    2011527452,870
    2010534400,358
    Record Year2014 (715)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Hornchurch when compared to any previous second half year.

    In the second half of 2014 a total of 358 companies were formed in Hornchurch. This figure is 13.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Hornchurch occurred in 2014 when a total of 358 were formed.

    Half Year (Jul-Dec)HornchurchUK
    2014358281,320
    2013315259,931
    % change13.7%8.2%
    Record Year2014 (358)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Hornchurch when compared to any previous Q4.

    A total of 164 companies were registered in Hornchurch during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 13.9% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)HornchurchUK
    2014164137,906
    2013144127,247
    % change13.9%8.4%
    Record Year 2014 (164) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014615449
    New companies in 2013595332
    % change3.4%1.9%53.1%
    Record Year2014 (61)2011 (59)2014 (49)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 459 companies were dissolved in Hornchurch in 2014. This total is 9.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearHornchurchUK
    2014459367,937
    2013420332,213
    2012373293,729
    2011481314,524
    2010534342,233
    Record Year2009 (585)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 237 companies were dissolved in Hornchurch. This figure is 17.9% higher than last year, which compares badly to the UK wide change of 7.7%.

    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
    2014237190,730
    2013201177,021
    % change17.9%7.7%
    Record Year2008 (304)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 110 companies were dissolved in Hornchurch during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 3.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)HornchurchUK
    201411089,060
    201310690,851
    % change3.8%-2.0%
    Record Year 2010 (131) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Hornchurch when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014323642
    Closed companies in 2013373435
    % change-13.5%5.9%20%
    Record Year2010 (46)2010 (60)2014 (42)

Net Company Growth

  1. Annual Data (2014)

    A total of 256 companies were added to the company register for Hornchurch in 2014. This number represents growth of 35.8% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 8 companies lower 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
    2014256214,114
    2013264197,150
    2012197198,164
    201146138,346
    2010058,125
    Record Year2007 (378)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Hornchurch increased by 121 companies.

    Half Year (Jul-Dec)HornchurchUK
    201412190,590
    201311482,910
    Record Year2002 (155)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Hornchurch during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 54 companies.

    fourth quarter (Oct 2014 - Dec 2014)HornchurchUK
    20145448,846
    20133836,396
    Record Year 2007 (71) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201429187
    Net growth in 20132219-3
    Record Year2003 (41)2012 (43)2002 (25)

UK Company Share

  1. Annual Data (2014)

    In 2014 Hornchurch formed 0.1% of all UK companies. This is no change on 2013 when Hornchurch was responsible for 0.1% of all UK companies.

    YearHornchurch
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1997 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Hornchurch formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Hornchurch
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1997 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Hornchurch
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-1.6%-3.3%31.0%
    Record Year1997 (0.2%)2000 (0.2%)1974 (0.7%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.0.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 40.9.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 8.1% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 41.0.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Hornchurch was 1976 when 50.0% of all directors were female.

    The percentage of female directors in Hornchurch in 2014 was 27.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Hornchurch was 2008 when 33.5% of all directors were female.

    25.7% of all director appointments in Hornchurch in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Hornchurch was in 2008 when 33.7% of all directors were female.

    25.6% of all director appointments in Hornchurch in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    MEDICAL1.81%CONSULTING5.22%
    CONSULTANCY1.72%MANAGEMENT4.58%
    CONSULTING1.64%CONSULTANCY3.57%
    BUILDING1.29%PROPERTY2.66%
    ESSEX1.29%CONSTRUCTION2.12%
    PROPERTY1.29%ENGINEERING2.10%
    IT1.21%CARE2.02%
    MANAGEMENT0.95%TRADING1.94%
    INVESTMENTS0.95%LONDON1.93%
    CONSTRUCTION0.95%TRANSPORT1.93%
    SISU0.95%DESIGN1.66%
    ASSOCIATES0.78%CONSULTANTS1.64%
    ELECTRICAL0.78%ELECTRICAL1.62%
    LONDON0.69%PROPERTIES1.62%
    DEVELOPMENTS0.69%BUSINESS1.56%
    ENGINEERING0.60%J1.54%
    HOUSE0.60%CO.,1.50%
    PROPERTIES0.60%GLOBAL1.49%
    CONSULTANTS0.60%INVESTMENTS1.48%
    J0.60%ASSOCIATES1.47%
    L0.52%DEVELOPMENTS1.35%
    MAINTENANCE0.52%MEDIA1.33%
    CARE0.52%IT1.31%
    (LONDON)0.43%BUILDING1.29%
    INTERIORS0.43%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied294265,608
    82990 - Other business support service activities not elsewhere classified10358,068
    96090 - Other service activities not elsewhere classified5529,009
    99999 - Dormant Company5448,509
    62020 - Information technology consultancy activities4230,178
    70229 - Management consultancy activities other than financial management3542,290
    43390 - Other building completion and finishing265,931
    43999 - Other specialised construction activities not elsewhere classified208,761
    86900 - Other human health activities2012,976
    86210 - General medical practice activities194,591
    43220 - Plumbing, heat and air-conditioning installation185,189
    43210 - Electrical installation175,985
    49410 - Freight transport by road1510,842
    62090 - Other information technology service activities1312,837
    43290 - Other construction installation133,286
    41100 - Development of building projects1311,397
    56101 - Licensed restaurants128,782
    86230 - Dental practice activities122,164
    47910 - Retail sale via mail order houses or via Internet1110,107
    45200 - Maintenance and repair of motor vehicles105,425

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09291245 DESIGNER DIRECT LIMITED 03 Nov 2014
    09292361 BUSY BEE MEDIA LIMITED 03 Nov 2014
    09294749 BMSS PERFORMING ARTS LIMITED 04 Nov 2014
    09299210 FORTEX SECURITY LIMITED 06 Nov 2014
    09300174 KOPPIS CONSULTING LTD 07 Nov 2014
    09300773 REALUX LIMITED 07 Nov 2014
    09309593 TALC EDUCATION LTD 13 Nov 2014
    09316272 JEFFREY SMITH & CO LIMITED 18 Nov 2014
    09316879 J PRIEST LTD 18 Nov 2014
    09316883 SELLARS DESIGN LIMITED 18 Nov 2014
    09328706 STUART BROWN DEVELOPMENTS LIMITED 26 Nov 2014
    09330068 DAYBREAK CLEANING LTD 27 Nov 2014
    09331537 LITTLEFIELD AGENCY LTD 27 Nov 2014
    09291503 ECO VIEW SOLUTIONS LIMITED 03 Nov 2014
    09292100 SSH EVENTS LTD. 03 Nov 2014
    09292401 GRAHAM LEE ASSOCIATES INVESTIGATIONS LIMITED 03 Nov 2014
    09294345 JUNE'S SALON LTD 04 Nov 2014
    09298975 BALOGUN RASHIDAT 0259 LIMITED 06 Nov 2014
    09302689 AMBER INSULATIONS LTD 10 Nov 2014
    09302698 ASSET PURCHASING LIMITED 10 Nov 2014
    09304914 CLACTON GARDEN CULTURE LTD 11 Nov 2014
    09304965 BVEN LOGISTICS LTD 11 Nov 2014
    09307890 SJ SOLUTIONS (LONDON) LTD 12 Nov 2014
    09308092 KCR PROFESSIONAL SERVICES LIMITED 12 Nov 2014
    09327529 BRUNSWICK BUILDING CONTRACTORS LIMITED 25 Nov 2014