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
New Company Registrations
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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) Ilford UK 2014 980 150,722 2013 975 134,802 % change 0.5% 11.8% Record Year 2014 (980) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 303 310 367 New companies in 2013 335 338 302 % change -9.6% -8.3% 21.5% Record Year 2013 (335) 2013 (338) 2014 (367)
Closed Companies (dissolved)
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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) Ilford UK 2014 499 82,370 2013 525 77,914 % change -5.0% 5.7% Record Year 2009 (555) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 171 164 164 Closed companies in 2013 203 161 161 % change -15.8% 1.9% 2% Record Year 2013 (203) 2014 (164) 2009 (397)
Net Company Growth
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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) Ilford UK 2014 481 68,352 2013 450 56,888 Record Year 2014 (481) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 132 146 203 Net growth in 2013 132 177 141 Record Year 2009 (141) 2007 (186) 2014 (203)
UK Company Share
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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 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 2013 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.6% 0.6% 0.7% UK formation share in 2013 0.8% 0.8% 0.7% % change -15.4% -15.3% 1.4% Record Year 2013 (0.8%) 2013 (0.8%) 1997 (0.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTY 2.35% CONSULTING 5.22% CONSULTANCY 1.99% MANAGEMENT 4.67% LONDON 1.86% CONSULTANCY 3.49% MAINTENANCE 1.84% PROPERTY 2.64% MANAGEMENT 1.64% TRADING 2.05% CONSULTANTS 1.58% LONDON 1.88% CONSULTING 1.51% ENGINEERING 1.86% GLOBAL 1.32% CARE 1.79% CONSTRUCTION 1.16% CONSTRUCTION 1.75% BUSINESS 1.14% DESIGN 1.75% TRADING 1.14% CONSULTANTS 1.73% CARE 0.92% BUSINESS 1.71% TRADERS 0.92% PROPERTIES 1.60% IT 0.90% INVESTMENTS 1.60% PROPERTIES 0.85% GLOBAL 1.58% SECURITY 0.77% J 1.48% S 0.66% ASSOCIATES 1.48% ENTERPRISES 0.66% MEDIA 1.48% ASSOCIATES 0.61% IT 1.33% BUILDING 0.57% TRANSPORT 1.30% CO 0.57% DEVELOPMENTS 1.29% ENTERPRISE 0.55% BUILDING 1.24% (LONDON) 0.53% M 1.21% M 0.53% CAPITAL 1.20% TECHNOLOGIES 0.53% ELECTRICAL 1.19%
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 2,249 280,210 62020 - Information technology consultancy activities 337 27,750 82990 - Other business support service activities not elsewhere classified 253 56,411 99999 - Dormant Company 243 47,084 96090 - Other service activities not elsewhere classified 234 26,700 70229 - Management consultancy activities other than financial management 173 37,882 62090 - Other information technology service activities 137 12,813 56102 - Unlicensed restaurants and cafes 89 4,039 56103 - Take-away food shops and mobile food stands 87 7,300 69201 - Accounting and auditing activities 73 7,313 86900 - Other human health activities 73 10,273 74909 - Other professional, scientific and technical activities not elsewhere classified 72 18,491 41202 - Construction of domestic buildings 70 6,559 43390 - Other building completion and finishing 66 5,521 47910 - Retail sale via mail order houses or via Internet 65 9,358 62012 - Business and domestic software development 63 9,509 41100 - Development of building projects 59 9,855 68209 - Other letting and operating of own or leased real estate 55 9,284 56101 - Licensed restaurants 54 7,965 69202 - Bookkeeping activities 52 2,747
Recent Companies
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Randomly selected companies from this quarter
reports
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