Ilford, Essex

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company registrations in Ilford when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company registrations in Ilford when compared to any half year in history.
  • Q2 2010 saw a new record in company registrations in Ilford when compared to any previous Q2.
  • June 2010 saw a new record in company registrations in Ilford when compared to any previous June.
  • May 2010 saw a new record in company registrations in Ilford when compared to any previous May.

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. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company registrations in Ilford when compared to any previous first half year.

    The first half of 2010 was a record first half year for company registrations in Ilford when compared to any half year in history.

    In the first half of 2010 a total of 1,390 companies were formed in Ilford. This figure is 19.0% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Ilford occurred in 2010 when a total of 1,390 were formed.

    Half Year (Jan-Jun)IlfordUK
    20101,390203,749
    20091,168182,021
    % change19.0%11.9%
    Record Year2010 (1,390)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company registrations in Ilford when compared to any previous Q2.

    A total of 670 companies were registered in Ilford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 13.2% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)IlfordUK
    201067098,612
    200959290,987
    % change13.2%8.4%
    Record Year 2010 (670) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company registrations in Ilford when compared to any previous June.

    May 2010 saw a new record in company registrations in Ilford when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2010229194247
    New companies in 2009182191219
    % change25.8%1.6%12.8%
    Record Year1997 (288)2010 (194)2010 (247)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 884 companies were dissolved in Ilford. This figure is 45.2% lower than last year, which compares well to the UK wide change of -38.6%.

    The highest total for a first half year in Ilford occurred in 2009 when a total of 1,614 were closed.

    Half Year (Jan-Jun)IlfordUK
    2010884177,631
    20091,614289,236
    % change-45.2%-38.6%
    Record Year2009 (1,614)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 459 companies were dissolved in Ilford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 56.7% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)IlfordUK
    201045994,954
    20091,059181,176
    % change-56.7%-47.6%
    Record Year 2009 (1,059) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010114160185
    Closed companies in 2009369462228
    % change-69.1%-65.4%-19%
    Record Year2009 (369)2009 (462)2009 (228)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Ilford increased by 506 companies.

    Half Year (Jan-Jun)IlfordUK
    201050626,118
    2009-446-107,215
    Record Year2008 (610)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Ilford during the second quarter of 2010 (Apr 2010 - Jun 2010) was 211 companies.

    second quarter (Apr 2010 - Jun 2010)IlfordUK
    20102113,658
    2009-467-90,189
    Record Year 2008 (367) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 20101153462
    Net growth in 2009-187-271-9
    Record Year1997 (277)2008 (122)2008 (149)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Ilford formed 0.7% of all UK companies. This is more than the 2009 figure of 0.6%.

    Half Year (Jan-Jun)Ilford
    20100.7%
    20090.6%
    20080.6%
    20070.4%
    20060.5%
    Record Year (since 1960) 1997 (0.8%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Ilford formed 0.7% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Ilford
    20100.7%
    20090.7%
    20080.6%
    20070.5%
    20060.5%
    Record Year (since 1960) 1997 (0.9%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.7%0.6%0.7%
    UK formation share in 20090.6%0.7%0.7%
    % change15.7%-3.2%1.4%
    Record Year1997 (1.3%)1997 (0.8%)1972 (0.9%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 39.0.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 39.4.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Ilford was 1861 when 40.0% of all directors were female.

    20.6% of all director appointments in Ilford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Ilford was in 1866 when 66.7% of all directors were female.

    21.5% of all director appointments in Ilford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    LONDON1.76%MANAGEMENT5.01%
    CONSULTANCY1.63%CONSULTING4.79%
    CONSTRUCTION1.38%CONSULTANCY3.02%
    BUSINESS1.19%PROPERTY2.40%
    MANAGEMENT1.07%ASSOCIATES2.02%
    CONSULTING1.07%TRADING2.01%
    PROPERTIES0.97%DESIGN1.91%
    PROPERTY0.94%CONSTRUCTION1.85%
    CONSULTANTS0.94%MEDIA1.80%
    ASSOCIATES0.94%BUSINESS1.75%
    TRADERS0.88%CONSULTANTS1.71%
    IT0.85%INTERNATIONAL1.59%
    COLLEGE0.82%ENGINEERING1.56%
    ENTERPRISES0.75%LONDON1.52%
    SECURITY0.75%INVESTMENTS1.49%
    (LONDON)0.66%J1.46%
    INTERNATIONAL0.66%CARE1.41%
    K0.63%GLOBAL1.39%
    CARE0.63%PROPERTIES1.35%
    TRADING0.63%BUILDING1.33%
    INVESTMENTS0.60%M1.29%
    TECHNOLOGIES0.60%IT1.28%
    GLOBAL0.60%ELECTRICAL1.27%
    R0.56%GROUP1.25%
    CENTRE0.53%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,557207,125
    7487 - Other business activities32468,525
    9999 - Dormant Company9519,842
    82990 - Other business support service activities not elsewhere classified7625,942
    4521 - General construction & civil engineering718,262
    62020 - Information technology consultancy activities698,590
    9305 - Other service activities688,822
    5530 - Restaurants684,879
    7222 - Other software consultancy and supply678,285
    7260 - Other computer related activities539,122
    7499 - Non-trading company5313,997
    96090 - Other service activities not elsewhere classified507,922
    99999 - Dormant Company4914,342
    7414 - Business & management consultancy4914,598
    70229 - Management consultancy activities other than financial management4513,490
    62090 - Other information technology service activities355,854
    56102 - Unlicensed restaurants and cafes34859
    4545 - Other building completion323,057
    68209 - Other letting and operating of own or leased real estate303,834
    7412 - Accounting, auditing; tax consult302,571

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07266258 CATALYST SECTOR LIMITED 26 May 2010
    07265402 KOOL BITES LIMITED 26 May 2010
    07263806 BLUE LINE TRADERS LIMITED 25 May 2010
    07263186 SPECTRUM MAINTENANCE COMPANY LIMITED 24 May 2010
    07262695 HUBBARDS CUPBOARD LIMITED 24 May 2010
    07261406 S.BANERJEE LIMITED 21 May 2010
    07259430 PROGRESSIVE ACCOUNTING SOLUTIONS LTD 20 May 2010
    07256393 SRI SISTERS INFOTECH LIMITED 18 May 2010
    07254679 WYVIL ROAD LIMITED 14 May 2010
    07253703 LINX TRAINING LTD 14 May 2010
    07251684 RTEG TAKEAWAYS LIMITED 12 May 2010
    07251259 MO'S QUALITY MOTORS LTD 12 May 2010
    07250157 DERAN & EZEL LTD 11 May 2010
    07250145 KC'S DONER LTD 11 May 2010
    07247959 FARMING TELEVISION LTD 10 May 2010
    07247953 SHE TELEVISION LTD 10 May 2010
    07246299 DIVA'S COUTURE LIMITED 07 May 2010
    07243994 WORLDTAMILWEB LTD 05 May 2010
    07243699 ACE ACCOUNTANTS & TAX CONSULTANTS LTD 05 May 2010
    07243208 SIMPLY SIMS LTD 05 May 2010
    07267367 STRUCTURAL ENGINEERS LONDON CO LIMITED 27 May 2010
    07266896 ED-ELLIS OVERSEAS LIMITED 27 May 2010
    07266605 ST. CHRISTOPHER CHILDREN'S HOME LIMITED 26 May 2010
    07261229 EMATE SOLUTIONS LTD 21 May 2010
    07259354 JAS LOGISTICS LIMITED 19 May 2010