Ilford, Essex

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Ilford when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Ilford when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Ilford when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Ilford when compared to any previous December.
  • November 2014 saw a new record in company registrations in Ilford when compared to any previous November.
  • The second half of 2014 saw a new record in company closures in Ilford when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Ilford when compared to any previous December.
  • November 2014 saw a new record in company closures in Ilford when compared to any previous November.

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. Annual Data (2014)

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

    A total of 4,005 companies were formed in Ilford in 2014. This total is 2.5% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearIlfordUK
    20144,005582,051
    20133,907529,363
    20123,406491,893
    20112,939452,870
    20102,740400,358
    Record Year2014 (4,005)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Ilford when compared to any previous second half year.

    In the second half of 2014 a total of 1,976 companies were formed in Ilford. This figure is 3.2% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Ilford occurred in 2014 when a total of 1,976 were formed.

    Half Year (Jul-Dec)IlfordUK
    20141,976281,320
    20131,915259,931
    % change3.2%8.2%
    Record Year2014 (1,976)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Ilford when compared to any previous Q4.

    A total of 961 companies were registered in Ilford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 6.9% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)IlfordUK
    2014961137,906
    2013899127,247
    % change6.9%8.4%
    Record Year 2014 (961) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014333330298
    New companies in 2013365285249
    % change-8.8%15.8%19.7%
    Record Year2013 (365)2014 (330)2014 (298)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,567 companies were dissolved in Ilford in 2014. This total is 17.1% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearIlfordUK
    20142,567367,937
    20132,192332,213
    20121,810293,729
    20111,849314,524
    20101,781342,233
    Record Year2009 (2,708)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Ilford when compared to any previous second half year.

    In the second half of 2014 a total of 1,414 companies were dissolved in Ilford. This figure is 23.6% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Ilford occurred in 2014 when a total of 1,414 were closed.

    Half Year (Jul-Dec)IlfordUK
    20141,414190,730
    20131,144177,021
    % change23.6%7.7%
    Record Year2014 (1,414)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 676 companies were dissolved in Ilford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 14.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)IlfordUK
    201467689,060
    201359290,851
    % change14.2%-2.0%
    Record Year 2014 (676) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014207199270
    Closed companies in 2013210185197
    % change-1.4%7.6%37%
    Record Year2013 (210)2014 (199)2014 (270)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,438 companies were added to the company register for Ilford in 2014. This number represents growth of 35.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 277 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Ilford company register grew by 1,715 companies.

    YearIlfordUK
    20141,438214,114
    20131,715197,150
    20121,596198,164
    20111,090138,346
    201095958,125
    Record Year2013 (1,715)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Ilford increased by 562 companies.

    Half Year (Jul-Dec)IlfordUK
    201456290,590
    201377182,910
    Record Year2012 (818)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Ilford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 285 companies.

    fourth quarter (Oct 2014 - Dec 2014)IlfordUK
    201428548,846
    201330736,396
    Record Year 2012 (469) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201412613128
    Net growth in 201315510052
    Record Year2008 (157)2012 (203)2012 (129)

UK Company Share

  1. Annual Data (2014)

    In 2014 Ilford formed 0.7% of all UK companies. This is no change on 2013 when Ilford was responsible for 0.7% of all UK companies.

    YearIlford
    20140.7%
    20130.7%
    20120.7%
    20110.6%
    20100.7%
    Record Year (since 1960)2013 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Ilford formed 0.7% of all UK companies. This is the same as the 2013 figure of 0.7%.

    Half Year (Jul-Dec)Ilford
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 2013 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Ilford
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 2012 (0.7%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.6%0.7%0.7%
    UK formation share in 20130.7%0.7%0.7%
    % change-13.2%9.9%2.4%
    Record Year2009 (0.7%)2012 (0.7%)2014 (0.7%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 38.4.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 38.3.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 38.5.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Ilford was 1976 when 50.0% of all directors were female.

    The percentage of female directors in Ilford in 2014 was 21.6%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Ilford was 2008 when 22.8% of all directors were female.

    21.4% of all director appointments in Ilford in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Ilford was in 2009 when 23.2% of all directors were female.

    21.4% of all director appointments in Ilford in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LONDON1.92%CONSULTING5.22%
    CONSULTING1.73%MANAGEMENT4.58%
    CONSULTANCY1.73%CONSULTANCY3.57%
    CONSTRUCTION1.65%PROPERTY2.66%
    CONSULTANTS1.42%CONSTRUCTION2.12%
    BUSINESS1.33%ENGINEERING2.10%
    MANAGEMENT1.29%CARE2.02%
    PROPERTY1.16%TRADING1.94%
    TRADING1.10%LONDON1.93%
    PROPERTIES1.04%TRANSPORT1.93%
    CARE0.95%DESIGN1.66%
    IT0.74%CONSULTANTS1.64%
    GLOBAL0.74%ELECTRICAL1.62%
    S0.70%PROPERTIES1.62%
    SECURITY0.68%BUSINESS1.56%
    CO0.68%J1.54%
    ENTERPRISES0.68%CO.,1.50%
    ASSOCIATES0.57%GLOBAL1.49%
    BUILDING0.57%INVESTMENTS1.48%
    BUILDERS0.55%ASSOCIATES1.47%
    TRADERS0.53%DEVELOPMENTS1.35%
    INVESTMENTS0.51%MEDIA1.33%
    MAINTENANCE0.49%IT1.31%
    HOMES0.49%BUILDING1.29%
    FOODS0.49%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,290265,608
    62020 - Information technology consultancy activities36730,178
    82990 - Other business support service activities not elsewhere classified32258,068
    96090 - Other service activities not elsewhere classified29929,009
    99999 - Dormant Company25348,509
    70229 - Management consultancy activities other than financial management22642,290
    62090 - Other information technology service activities12912,837
    56102 - Unlicensed restaurants and cafes1024,745
    56103 - Take-away food shops and mobile food stands888,318
    86900 - Other human health activities8112,976
    41202 - Construction of domestic buildings777,559
    74909 - Other professional, scientific and technical activities not elsewhere classified7719,049
    41100 - Development of building projects7611,397
    49410 - Freight transport by road7410,842
    43390 - Other building completion and finishing745,931
    47910 - Retail sale via mail order houses or via Internet7310,107
    68209 - Other letting and operating of own or leased real estate7311,212
    69201 - Accounting and auditing activities707,528
    69202 - Bookkeeping activities633,012
    62012 - Business and domestic software development609,752

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09291736 YBM PAEDIATRICS LTD 03 Nov 2014
    09292048 QFC SPORTS LTD 03 Nov 2014
    09292136 RABIAH HUSSAIN LTD 03 Nov 2014
    09292247 VIVIAN FASHION LIMITED 03 Nov 2014
    09292812 ORKO ARAF FOODS LIMITED 03 Nov 2014
    09294773 LIGHTNING FAST CLEANING LIMITED 04 Nov 2014
    09296407 GUZEL LTD 05 Nov 2014
    OC396316 DAVIS WATERS PROPERTIES LLP 06 Nov 2014
    09298721 QUALIFOX LIMITED 06 Nov 2014
    09299804 CHAMPS SPORTS BAR & GRILL LIMITED 06 Nov 2014
    09300031 POSTE&POSTE UK LIMITED 07 Nov 2014
    09300394 TRUE BLUE TRADERS LTD. 07 Nov 2014
    09300904 SUNLIT SOLUTIONS LIMITED 07 Nov 2014
    09301682 CHROMOSOME GROUP LIMITED 07 Nov 2014
    09303349 LEESOFT UK LTD 10 Nov 2014
    09304157 KOOCHIE KOO F LIMITED 10 Nov 2014
    09305543 VAP CONSTRUCTION LTD 11 Nov 2014
    09306846 NASTALEEQ DIGITAL LTD 12 Nov 2014
    09307747 TOP MOBILES UK LTD 12 Nov 2014
    09307810 SNACKS ON WHEELS LTD 12 Nov 2014
    09313474 MADHUBI FASHION LIMITED 17 Nov 2014
    09313493 WALTHAM ESTATES (LDN) LTD 17 Nov 2014
    09313906 SURVEY PLANS LIMITED 17 Nov 2014
    09318650 DAVID EDUARD TRANS LTD 19 Nov 2014
    09319094 ARTCO.MISSION LTD 19 Nov 2014