Ilford, Essex

Q3 2014 Business Confidence Report

Headlines

  • September 2014 saw a new record in company registrations in Ilford when compared to any previous September.
  • July 2014 saw a new record in company registrations in Ilford when compared to any previous July.
  • July 2014 was a record month for company registrations in Ilford when compared to any month in history.
  • July 2014 saw a new record in company closures in Ilford when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    A total of 1,015 companies were registered in Ilford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 0.1% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)IlfordUK
    20141,015143,414
    20131,016132,684
    % change-0.1%8.1%
    Record Year 2013 (1,016) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    July 2014 was a record month for company registrations in Ilford when compared to any month in history.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014373279363
    New companies in 2013372301343
    % change0.3%-7.3%5.8%
    Record Year2014 (373)2013 (301)2014 (363)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 738 companies were dissolved in Ilford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 33.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)IlfordUK
    2014738101,670
    201355286,170
    % change33.7%18.0%
    Record Year 2014 (738) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014236189313
    Closed companies in 2013198158196
    % change19.2%19.6%60%
    Record Year2014 (236)2008 (274)2009 (333)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Ilford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 277 companies.

    third quarter (Jul 2014 - Sep 2014)IlfordUK
    201427741,744
    201346446,514
    Record Year 2013 (464) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20141379050
    Net growth in 2013174143147
    Record Year2013 (174)2013 (143)2013 (147)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Ilford
    20140.7%
    20130.8%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 2013 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.7%0.6%0.7%
    UK formation share in 20130.8%0.7%0.8%
    % change-8.9%-11.6%-2.9%
    Record Year2013 (0.8%)2010 (0.8%)2013 (0.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 38.1.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Ilford was in 2008 when 22.7% of all directors were female.

    21.4% of all director appointments in Ilford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LONDON2.02%CONSULTING5.17%
    CONSULTANCY1.85%MANAGEMENT4.63%
    CONSULTING1.63%CONSULTANCY3.55%
    CONSULTANTS1.63%PROPERTY2.62%
    CONSTRUCTION1.52%ENGINEERING2.07%
    MANAGEMENT1.48%CONSTRUCTION2.05%
    BUSINESS1.46%TRADING2.00%
    PROPERTY1.14%LONDON1.95%
    TRADING1.01%CARE1.94%
    PROPERTIES0.94%TRANSPORT1.76%
    GLOBAL0.92%DESIGN1.70%
    CARE0.92%CONSULTANTS1.70%
    SECURITY0.86%PROPERTIES1.63%
    CO0.77%BUSINESS1.62%
    ENTERPRISES0.77%J1.53%
    S0.69%ELECTRICAL1.53%
    BUILDING0.69%GLOBAL1.51%
    TRADERS0.69%INVESTMENTS1.50%
    BUILDERS0.58%ASSOCIATES1.48%
    IT0.58%MEDIA1.38%
    (LONDON)0.54%CO.,1.36%
    ASSOCIATES0.49%DEVELOPMENTS1.35%
    MAINTENANCE0.49%BUILDING1.30%
    TECH0.45%IT1.30%
    ELECTRICAL0.45%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,378278,481
    62020 - Information technology consultancy activities35329,313
    82990 - Other business support service activities not elsewhere classified31457,264
    96090 - Other service activities not elsewhere classified28528,224
    99999 - Dormant Company24248,286
    70229 - Management consultancy activities other than financial management20140,717
    62090 - Other information technology service activities14212,795
    56102 - Unlicensed restaurants and cafes994,492
    74909 - Other professional, scientific and technical activities not elsewhere classified8118,890
    56103 - Take-away food shops and mobile food stands797,917
    86900 - Other human health activities7611,807
    47910 - Retail sale via mail order houses or via Internet759,914
    41202 - Construction of domestic buildings747,151
    43390 - Other building completion and finishing735,786
    41100 - Development of building projects7010,604
    69201 - Accounting and auditing activities677,401
    49410 - Freight transport by road649,960
    68209 - Other letting and operating of own or leased real estate6410,361
    68100 - Buying and selling of own real estate596,595
    62012 - Business and domestic software development599,675

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09109546 ARK LOGIK LIMITED 01 Jul 2014
    09109580 I T CREATIVE LTD 01 Jul 2014
    09112268 GILLETT & HOLT TRADING LTD 02 Jul 2014
    09112496 CHROMATIC SOLUTIONS LIMITED 02 Jul 2014
    09114114 STUDENT.COM (UK) LIMITED 03 Jul 2014
    09115524 ROMIGA WASHINGTON LIMITED 03 Jul 2014
    09116176 ROSE POWDER LTD 04 Jul 2014
    09116636 SPORT LIFE NETWORK LIMITED 04 Jul 2014
    09116644 ELITE CARS ESSEX LIMITED 04 Jul 2014
    09118092 WOODSIDE FLOORING SOLUTIONS LTD 07 Jul 2014
    09118139 PROPERTY LINK ILFORD LIMITED 07 Jul 2014
    09121690 ILFORD MINI SUPER MARKET LIMITED 08 Jul 2014
    09122713 TOTA-L ELECTRICAL (UK) LTD 09 Jul 2014
    09122891 AYCICEK LTD 09 Jul 2014
    09123111 KOUAME LIMITED 09 Jul 2014
    09124240 GHULAM ABBAS OFFICE SUPPLIES LTD 10 Jul 2014
    09124941 NEX COMMUNICATIONS LTD 10 Jul 2014
    09125175 EBRIX SOLUTIONS LIMITED 10 Jul 2014
    09125797 HONEST SOLUTIONS LIMITED 10 Jul 2014
    09125927 LOLITA AND LOUIE LTD 11 Jul 2014
    09126451 ZFK ACCOUNTANTS LIMITED 11 Jul 2014
    09127072 RHINEGOLD LIMITED 11 Jul 2014
    09127078 KOOL TIDY PRODUCTS LIMITED 11 Jul 2014
    09129032 SKYLITAOLUTIONS LIMITED 14 Jul 2014
    09129197 PNA MOTORS LTD 14 Jul 2014