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
    08918668 BARDO4U LTD 03 Mar 2014
    08920948 APPLE TRAINING AND RECRUITMENT LIMITED 04 Mar 2014
    08921917 CHARCO PROPERTIES LIMITED 04 Mar 2014
    08922162 VIRDEE BESPOKE CONSTRUCTION LIMITED 04 Mar 2014
    08922509 SK DOUBLE GLAZING LTD 04 Mar 2014
    08922791 ROAD RUNNER COURIERS LIMITED 05 Mar 2014
    08923054 DEANCOOPERS SECURITIES & COMMODITIES LTD 05 Mar 2014
    08923530 EPR CARE SERVICES LTD 05 Mar 2014
    08923625 CHRIST PILLAI LTD 05 Mar 2014
    08924224 REAL 77 LIMITED 05 Mar 2014
    08927812 CHEROKEE CONSTRUCTION LIMITED 07 Mar 2014
    08930911 BUILDFORD LTD 10 Mar 2014
    08931037 VENTILATION CLEANING SPECIALIST LIMITED 10 Mar 2014
    08931101 IDEAS STATION CENTRAL LTD 10 Mar 2014
    08931815 EKO (UK) LTD 10 Mar 2014
    08932102 CENTRIC GLOBAL SOLUTIONS LIMITED 11 Mar 2014
    08933691 PINDORA BUSINESS SERVICES LTD 11 Mar 2014
    08935368 DIGIMAS STUDIO LTD 12 Mar 2014
    08936357 TULIPS FASHIONS LTD 12 Mar 2014
    08939591 LIVE FOREVER YOUNG LIMITED 14 Mar 2014
    08941179 SPACE SNOWBOARDS LIMITED 17 Mar 2014
    08942717 BIKE DOCK LIMITED 17 Mar 2014
    08943145 JR LEGAL ENTERPRISES LIMITED 17 Mar 2014
    08943580 IMPACT BUSINESS SOLUTIONS LIMITED 17 Mar 2014
    08944297 MYADALA TECHNOLOGIES LIMITED 18 Mar 2014