Ilford, Essex
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Ilford when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Ilford when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Ilford when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Ilford when compared to any quarter in history.
- May 2014 saw a new record in company registrations in Ilford when compared to any previous May.
- April 2014 saw a new record in company registrations in Ilford when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Ilford when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Ilford when compared to any half year in history.
In the first half of 2014 a total of 2,029 companies were formed in Ilford. This figure is 1.9% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Ilford occurred in 2014 when a total of 2,029 were formed.
Half Year (Jan-Jun) Ilford UK 2014 2,029 300,731 2013 1,992 269,432 % change 1.9% 11.6% Record Year 2014 (2,029) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Ilford when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Ilford when compared to any quarter in history.
A total of 1,049 companies were registered in Ilford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 3.1% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Ilford UK 2014 1,049 150,009 2013 1,017 134,630 % change 3.1% 11.4% Record Year 2014 (1,049) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
May 2014 saw a new record in company registrations in Ilford when compared to any previous May.
April 2014 saw a new record in company registrations in Ilford when compared to any previous April.
New Companies by Month
April May June New companies in 2014 370 361 318 New companies in 2013 335 336 346 % change 10.4% 7.4% -8.1% Record Year 2014 (370) 2014 (361) 2013 (346)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,153 companies were dissolved in Ilford. This figure is 10.0% higher than last year, which compares well to the UK wide change of 14.2%.
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) Ilford UK 2014 1,153 177,207 2013 1,048 155,192 % change 10.0% 14.2% Record Year 2009 (1,614) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 654 companies were dissolved in Ilford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 25.0% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Ilford UK 2014 654 94,837 2013 523 77,278 % change 25.0% 22.7% Record Year 2009 (1,059) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 156 302 196 Closed companies in 2013 175 146 202 % change -10.9% 106.8% -3% Record Year 2009 (369) 2009 (462) 2009 (228)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Ilford increased by 876 companies.
Half Year (Jan-Jun) Ilford UK 2014 876 123,524 2013 944 114,240 Record Year 2013 (944) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Ilford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 395 companies.
second quarter (Apr 2014 - Jun 2014) Ilford UK 2014 395 55,172 2013 494 57,352 Record Year 2013 (494) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 214 59 122 Net growth in 2013 160 190 144 Record Year 1997 (277) 2013 (190) 2008 (149)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Ilford formed 0.7% of all UK companies. This is the same as the 2013 figure of 0.7%.
Half Year (Jan-Jun) Ilford 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.6% 2010 0.7% Record Year (since 1960) 1997 (0.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Ilford formed 0.7% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Ilford 2014 0.7% 2013 0.8% 2012 0.7% 2011 0.6% 2010 0.7% Record Year (since 1960) 1997 (0.9%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.7% 0.7% 0.7% UK formation share in 2013 0.7% 0.8% 0.8% % change -0.4% -0.8% -20.4% Record Year 1997 (1.3%) 1997 (0.8%) 2013 (0.8%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 38.5.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 39.1.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Ilford was 2011 when 23.5% of all directors were female.
21.8% of all director appointments in Ilford in the first 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 (Q2 Apr-Jun 2014)
The record second quarter for female directors in Ilford was in 2011 when 23.8% of all directors were female.
20.9% of all director appointments in Ilford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.93% CONSULTING 5.16% CONSULTANCY 1.93% MANAGEMENT 4.64% PROPERTY 1.78% CONSULTANCY 3.50% CONSULTANTS 1.67% PROPERTY 2.66% CONSULTING 1.67% TRADING 2.03% MANAGEMENT 1.54% ENGINEERING 1.99% BUSINESS 1.43% CONSTRUCTION 1.93% CONSTRUCTION 1.32% LONDON 1.93% GLOBAL 1.15% CARE 1.85% MAINTENANCE 1.06% DESIGN 1.75% CARE 0.91% CONSULTANTS 1.73% SECURITY 0.89% BUSINESS 1.69% TRADING 0.89% PROPERTIES 1.63% PROPERTIES 0.80% TRANSPORT 1.58% CO 0.80% GLOBAL 1.55% IT 0.69% INVESTMENTS 1.55% S 0.69% J 1.51% TRADERS 0.69% ASSOCIATES 1.48% ENTERPRISES 0.67% MEDIA 1.44% BUILDERS 0.63% ELECTRICAL 1.40% BUILDING 0.61% IT 1.33% HOMES 0.56% DEVELOPMENTS 1.33% (LONDON) 0.50% BUILDING 1.26% ASSOCIATES 0.50% M 1.24% TECHNOLOGIES 0.48% CO., 1.20%
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 2,177 261,557 62020 - Information technology consultancy activities 355 29,029 82990 - Other business support service activities not elsewhere classified 293 57,421 96090 - Other service activities not elsewhere classified 269 28,352 99999 - Dormant Company 243 48,436 70229 - Management consultancy activities other than financial management 195 40,250 62090 - Other information technology service activities 153 13,024 56102 - Unlicensed restaurants and cafes 101 4,395 43390 - Other building completion and finishing 80 5,855 41202 - Construction of domestic buildings 79 7,053 74909 - Other professional, scientific and technical activities not elsewhere classified 78 19,058 56103 - Take-away food shops and mobile food stands 78 7,840 86900 - Other human health activities 72 11,292 47910 - Retail sale via mail order houses or via Internet 71 9,900 69201 - Accounting and auditing activities 69 7,415 41100 - Development of building projects 65 10,527 68209 - Other letting and operating of own or leased real estate 64 10,133 69202 - Bookkeeping activities 61 2,905 62012 - Business and domestic software development 60 9,834 74990 - Non-trading company 56 14,351
Recent Companies
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Randomly selected companies from this quarter
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