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

  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 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)IlfordUK
    20142,029300,731
    20131,992269,432
    % change1.9%11.6%
    Record Year2014 (2,029)2014 (300,731)
    New Companies by Half Year
  2. 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)IlfordUK
    20141,049150,009
    20131,017134,630
    % change3.1%11.4%
    Record Year 2014 (1,049) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014370361318
    New companies in 2013335336346
    % change10.4%7.4%-8.1%
    Record Year2014 (370)2014 (361)2013 (346)

Closed Companies (dissolved)

  1. 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)IlfordUK
    20141,153177,207
    20131,048155,192
    % change10.0%14.2%
    Record Year2009 (1,614)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)IlfordUK
    201465494,837
    201352377,278
    % change25.0%22.7%
    Record Year 2009 (1,059) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014156302196
    Closed companies in 2013175146202
    % change-10.9%106.8%-3%
    Record Year2009 (369)2009 (462)2009 (228)

Net Company Growth

  1. 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)IlfordUK
    2014876123,524
    2013944114,240
    Record Year2013 (944)2007 (171,296)
    Net Growth by Half Year
  2. 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)IlfordUK
    201439555,172
    201349457,352
    Record Year 2013 (494) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201421459122
    Net growth in 2013160190144
    Record Year1997 (277)2013 (190)2008 (149)

UK Company Share

  1. 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
    20140.7%
    20130.7%
    20120.7%
    20110.6%
    20100.7%
    Record Year (since 1960) 1997 (0.8%)
    Company Share by Half Year
  2. 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
    20140.7%
    20130.8%
    20120.7%
    20110.6%
    20100.7%
    Record Year (since 1960) 1997 (0.9%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.7%0.7%0.7%
    UK formation share in 20130.7%0.8%0.8%
    % change-0.4%-0.8%-20.4%
    Record Year1997 (1.3%)1997 (0.8%)2013 (0.8%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    LONDON1.93%CONSULTING5.16%
    CONSULTANCY1.93%MANAGEMENT4.64%
    PROPERTY1.78%CONSULTANCY3.50%
    CONSULTANTS1.67%PROPERTY2.66%
    CONSULTING1.67%TRADING2.03%
    MANAGEMENT1.54%ENGINEERING1.99%
    BUSINESS1.43%CONSTRUCTION1.93%
    CONSTRUCTION1.32%LONDON1.93%
    GLOBAL1.15%CARE1.85%
    MAINTENANCE1.06%DESIGN1.75%
    CARE0.91%CONSULTANTS1.73%
    SECURITY0.89%BUSINESS1.69%
    TRADING0.89%PROPERTIES1.63%
    PROPERTIES0.80%TRANSPORT1.58%
    CO0.80%GLOBAL1.55%
    IT0.69%INVESTMENTS1.55%
    S0.69%J1.51%
    TRADERS0.69%ASSOCIATES1.48%
    ENTERPRISES0.67%MEDIA1.44%
    BUILDERS0.63%ELECTRICAL1.40%
    BUILDING0.61%IT1.33%
    HOMES0.56%DEVELOPMENTS1.33%
    (LONDON)0.50%BUILDING1.26%
    ASSOCIATES0.50%M1.24%
    TECHNOLOGIES0.48%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,177261,557
    62020 - Information technology consultancy activities35529,029
    82990 - Other business support service activities not elsewhere classified29357,421
    96090 - Other service activities not elsewhere classified26928,352
    99999 - Dormant Company24348,436
    70229 - Management consultancy activities other than financial management19540,250
    62090 - Other information technology service activities15313,024
    56102 - Unlicensed restaurants and cafes1014,395
    43390 - Other building completion and finishing805,855
    41202 - Construction of domestic buildings797,053
    74909 - Other professional, scientific and technical activities not elsewhere classified7819,058
    56103 - Take-away food shops and mobile food stands787,840
    86900 - Other human health activities7211,292
    47910 - Retail sale via mail order houses or via Internet719,900
    69201 - Accounting and auditing activities697,415
    41100 - Development of building projects6510,527
    68209 - Other letting and operating of own or leased real estate6410,133
    69202 - Bookkeeping activities612,905
    62012 - Business and domestic software development609,834
    74990 - Non-trading company5614,351

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC393493 STREAMCONTACT LLP 02 Jun 2014
    09066653 ONLINE FOOD ZONE UK LTD 02 Jun 2014
    09066696 RELIABLE TECH LIMITED 02 Jun 2014
    09068078 CONCEPT GLOBAL BUSINESS LIMITED 03 Jun 2014
    09068598 REGENTS SECURITY SOLUTIONS LTD 03 Jun 2014
    09068802 RR PARTNERS LIMITED 03 Jun 2014
    09070264 E-CITY LEARNING LTD 04 Jun 2014
    09070652 BEST TOYS LTD 04 Jun 2014
    09070949 GAU BROTHERS LIMITED 04 Jun 2014
    09071335 SHAFA UK LIMITED 04 Jun 2014
    09074607 HAQ MANAGEMENT SOLUTIONS LIMITED 06 Jun 2014
    09076605 HAFSA BEAUTY SCHOOL LTD 09 Jun 2014
    09077855 LOGICAL IT CONSULTING LIMITED 09 Jun 2014
    09079901 ILFORD BD EXPRESS LTD 10 Jun 2014
    09080925 HAMTON ENVIRONMENTAL SERVICES (BRIDGEND) LIMITED 11 Jun 2014
    09081271 GUL MAHAL SOLUTIONS LIMITED 11 Jun 2014
    09082472 TOM THE WELDER LIMITED 11 Jun 2014
    09082719 AACHAL LTD 12 Jun 2014
    09082928 IM INNOVATIVE LIMITED 12 Jun 2014
    09083635 KNOWLEDGESERVICES LIMITED 12 Jun 2014
    09084458 SHABANA K & CO SERVICES LIMITED 12 Jun 2014
    09086643 RUSSELL & MCNULTY LTD 16 Jun 2014
    09090931 REVIVE MY BEAUTY LTD 18 Jun 2014
    09091616 EYES LONDON LIMITED 18 Jun 2014
    09093254 DIXY CATERING (ILFORD) LTD 19 Jun 2014