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
New Company Registrations
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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.
Year Hornchurch UK 2014 715 582,051 2013 684 529,363 2012 570 491,893 2011 527 452,870 2010 534 400,358 Record Year 2014 (715) 2014 (582,051) New Companies by Year
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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) Hornchurch UK 2014 358 281,320 2013 315 259,931 % change 13.7% 8.2% Record Year 2014 (358) 2014 (281,320) New Companies by Half Year
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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) Hornchurch UK 2014 164 137,906 2013 144 127,247 % change 13.9% 8.4% Record Year 2014 (164) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 61 54 49 New companies in 2013 59 53 32 % change 3.4% 1.9% 53.1% Record Year 2014 (61) 2011 (59) 2014 (49)
Closed Companies (dissolved)
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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.
Year Hornchurch UK 2014 459 367,937 2013 420 332,213 2012 373 293,729 2011 481 314,524 2010 534 342,233 Record Year 2009 (585) 2009 (533,789) Dissolved Companies by Year
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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) Hornchurch UK 2014 237 190,730 2013 201 177,021 % change 17.9% 7.7% Record Year 2008 (304) 2009 (244,544) Dissolved Companies by Half Year
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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) Hornchurch UK 2014 110 89,060 2013 106 90,851 % change 3.8% -2.0% Record Year 2010 (131) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 32 36 42 Closed companies in 2013 37 34 35 % change -13.5% 5.9% 20% Record Year 2010 (46) 2010 (60) 2014 (42)
Net Company Growth
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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.
Year Hornchurch UK 2014 256 214,114 2013 264 197,150 2012 197 198,164 2011 46 138,346 2010 0 58,125 Record Year 2007 (378) 2007 (237,353) Net Growth by Year
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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) Hornchurch UK 2014 121 90,590 2013 114 82,910 Record Year 2002 (155) 2003 (117,772) Net Growth by Half Year
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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) Hornchurch UK 2014 54 48,846 2013 38 36,396 Record Year 2007 (71) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 29 18 7 Net growth in 2013 22 19 -3 Record Year 2003 (41) 2012 (43) 2002 (25)
UK Company Share
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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.
Year Hornchurch 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1997 (0.2%) Company Share by Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1997 (0.2%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -1.6% -3.3% 31.0% Record Year 1997 (0.2%) 2000 (0.2%) 1974 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MEDICAL 1.81% CONSULTING 5.22% CONSULTANCY 1.72% MANAGEMENT 4.58% CONSULTING 1.64% CONSULTANCY 3.57% BUILDING 1.29% PROPERTY 2.66% ESSEX 1.29% CONSTRUCTION 2.12% PROPERTY 1.29% ENGINEERING 2.10% IT 1.21% CARE 2.02% MANAGEMENT 0.95% TRADING 1.94% INVESTMENTS 0.95% LONDON 1.93% CONSTRUCTION 0.95% TRANSPORT 1.93% SISU 0.95% DESIGN 1.66% ASSOCIATES 0.78% CONSULTANTS 1.64% ELECTRICAL 0.78% ELECTRICAL 1.62% LONDON 0.69% PROPERTIES 1.62% DEVELOPMENTS 0.69% BUSINESS 1.56% ENGINEERING 0.60% J 1.54% HOUSE 0.60% CO., 1.50% PROPERTIES 0.60% GLOBAL 1.49% CONSULTANTS 0.60% INVESTMENTS 1.48% J 0.60% ASSOCIATES 1.47% L 0.52% DEVELOPMENTS 1.35% MAINTENANCE 0.52% MEDIA 1.33% CARE 0.52% IT 1.31% (LONDON) 0.43% BUILDING 1.29% INTERIORS 0.43% M 1.22%
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 294 265,608 82990 - Other business support service activities not elsewhere classified 103 58,068 96090 - Other service activities not elsewhere classified 55 29,009 99999 - Dormant Company 54 48,509 62020 - Information technology consultancy activities 42 30,178 70229 - Management consultancy activities other than financial management 35 42,290 43390 - Other building completion and finishing 26 5,931 43999 - Other specialised construction activities not elsewhere classified 20 8,761 86900 - Other human health activities 20 12,976 86210 - General medical practice activities 19 4,591 43220 - Plumbing, heat and air-conditioning installation 18 5,189 43210 - Electrical installation 17 5,985 49410 - Freight transport by road 15 10,842 62090 - Other information technology service activities 13 12,837 43290 - Other construction installation 13 3,286 41100 - Development of building projects 13 11,397 56101 - Licensed restaurants 12 8,782 86230 - Dental practice activities 12 2,164 47910 - Retail sale via mail order houses or via Internet 11 10,107 45200 - Maintenance and repair of motor vehicles 10 5,425
Recent Companies
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Randomly selected companies from this quarter
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