Ilford, Essex

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Ilford when compared to any previous Q1.
  • March 2014 saw a new record in company registrations in Ilford when compared to any previous March.
  • February 2014 saw a new record in company closures in Ilford when compared to any previous February.
  • March 2014 saw a new record in net growth in Ilford when compared to any previous March.

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)

    Q1 2014 saw a new record in company registrations in Ilford when compared to any previous Q1.

    A total of 980 companies were registered in Ilford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 0.5% 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)IlfordUK
    2014980150,722
    2013975134,802
    % change0.5%11.8%
    Record Year 2014 (980) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Ilford when compared to any previous March.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014303310367
    New companies in 2013335338302
    % change-9.6%-8.3%21.5%
    Record Year2013 (335)2013 (338)2014 (367)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 499 companies were dissolved in Ilford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 5.0% 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)IlfordUK
    201449982,370
    201352577,914
    % change-5.0%5.7%
    Record Year 2009 (555) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Ilford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014171164164
    Closed companies in 2013203161161
    % change-15.8%1.9%2%
    Record Year2013 (203)2014 (164)2009 (397)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Ilford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 481 companies.

    first quarter (Jan 2014 - Mar 2014)IlfordUK
    201448168,352
    201345056,888
    Record Year 2014 (481) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in net growth in Ilford when compared to any previous March.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014132146203
    Net growth in 2013132177141
    Record Year2009 (141)2007 (186)2014 (203)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Ilford formed 0.7% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Ilford
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 2013 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.6%0.6%0.7%
    UK formation share in 20130.8%0.8%0.7%
    % change-15.4%-15.3%1.4%
    Record Year2013 (0.8%)2013 (0.8%)1997 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 37.9.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 6.0% 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 Ilford was in 2013 when 25.1% of all directors were female.

    22.8% of all director appointments in Ilford 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
    PROPERTY2.35%CONSULTING5.22%
    CONSULTANCY1.99%MANAGEMENT4.67%
    LONDON1.86%CONSULTANCY3.49%
    MAINTENANCE1.84%PROPERTY2.64%
    MANAGEMENT1.64%TRADING2.05%
    CONSULTANTS1.58%LONDON1.88%
    CONSULTING1.51%ENGINEERING1.86%
    GLOBAL1.32%CARE1.79%
    CONSTRUCTION1.16%CONSTRUCTION1.75%
    BUSINESS1.14%DESIGN1.75%
    TRADING1.14%CONSULTANTS1.73%
    CARE0.92%BUSINESS1.71%
    TRADERS0.92%PROPERTIES1.60%
    IT0.90%INVESTMENTS1.60%
    PROPERTIES0.85%GLOBAL1.58%
    SECURITY0.77%J1.48%
    S0.66%ASSOCIATES1.48%
    ENTERPRISES0.66%MEDIA1.48%
    ASSOCIATES0.61%IT1.33%
    BUILDING0.57%TRANSPORT1.30%
    CO0.57%DEVELOPMENTS1.29%
    ENTERPRISE0.55%BUILDING1.24%
    (LONDON)0.53%M1.21%
    M0.53%CAPITAL1.20%
    TECHNOLOGIES0.53%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,249280,210
    62020 - Information technology consultancy activities33727,750
    82990 - Other business support service activities not elsewhere classified25356,411
    99999 - Dormant Company24347,084
    96090 - Other service activities not elsewhere classified23426,700
    70229 - Management consultancy activities other than financial management17337,882
    62090 - Other information technology service activities13712,813
    56102 - Unlicensed restaurants and cafes894,039
    56103 - Take-away food shops and mobile food stands877,300
    69201 - Accounting and auditing activities737,313
    86900 - Other human health activities7310,273
    74909 - Other professional, scientific and technical activities not elsewhere classified7218,491
    41202 - Construction of domestic buildings706,559
    43390 - Other building completion and finishing665,521
    47910 - Retail sale via mail order houses or via Internet659,358
    62012 - Business and domestic software development639,509
    41100 - Development of building projects599,855
    68209 - Other letting and operating of own or leased real estate559,284
    56101 - Licensed restaurants547,965
    69202 - Bookkeeping activities522,747

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08872405 SAFICO LTD 03 Feb 2014
    08875717 TAGAB LIMITED 04 Feb 2014
    08878640 SAGLAM (2014) LTD 06 Feb 2014
    08879147 NU STYLE FASHION LIMITED 06 Feb 2014
    08879723 EDDISON KNIGHT LTD. 06 Feb 2014
    08880235 CHELSEA MANOR CLEANERS LIMITED 06 Feb 2014
    08880588 SAJ TRAVELS LIMITED 06 Feb 2014
    08881296 TEXTMYDEAL LTD 07 Feb 2014
    08882355 CAMBRIDGE BUSINESS CONSULTANCY & SOLUTIONS LTD 07 Feb 2014
    08885167 ARC LOGISTIQUE LIMITED 11 Feb 2014
    08886890 RS AUTOLIGHTING LIMITED 11 Feb 2014
    08887594 ZAMZAMA TEL COMMUNICATION LTD 11 Feb 2014
    08889804 COMMERCIAL CATERING EQUIPMENT REPAIRS LIMITED 12 Feb 2014
    08889948 AQUA PROPERTY SERVICES LTD 12 Feb 2014
    08892007 RSB BUSINESS SERVICES LTD 12 Feb 2014
    08892383 HHN GLOBAL LTD 13 Feb 2014
    08893117 MOTIVATION PLUS LTD 13 Feb 2014
    08894378 SULE LTD 13 Feb 2014
    08896293 SMARTSHOP (UK) LIMITED 14 Feb 2014
    08896930 E-TOUCH MOBILE LIMITED 17 Feb 2014
    08898494 AKSHA IT CONSULTANTS LTD 17 Feb 2014
    08899507 MYP BUSINESS CONSULTANTS LIMITED 18 Feb 2014
    08900130 RIAZ LEGAL LIMITED 18 Feb 2014
    08901885 INAYAT PROPERTIES LIMITED 19 Feb 2014
    08902524 BUSINESS GLADIATOR LTD 19 Feb 2014