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
New Company Registrations
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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.
Year Ilford UK 2014 4,005 582,051 2013 3,907 529,363 2012 3,406 491,893 2011 2,939 452,870 2010 2,740 400,358 Record Year 2014 (4,005) 2014 (582,051) New Companies by Year
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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) Ilford UK 2014 1,976 281,320 2013 1,915 259,931 % change 3.2% 8.2% Record Year 2014 (1,976) 2014 (281,320) New Companies by Half Year
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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) Ilford UK 2014 961 137,906 2013 899 127,247 % change 6.9% 8.4% Record Year 2014 (961) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 333 330 298 New companies in 2013 365 285 249 % change -8.8% 15.8% 19.7% Record Year 2013 (365) 2014 (330) 2014 (298)
Closed Companies (dissolved)
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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.
Year Ilford UK 2014 2,567 367,937 2013 2,192 332,213 2012 1,810 293,729 2011 1,849 314,524 2010 1,781 342,233 Record Year 2009 (2,708) 2009 (533,789) Dissolved Companies by Year
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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) Ilford UK 2014 1,414 190,730 2013 1,144 177,021 % change 23.6% 7.7% Record Year 2014 (1,414) 2009 (244,544) Dissolved Companies by Half Year
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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) Ilford UK 2014 676 89,060 2013 592 90,851 % change 14.2% -2.0% Record Year 2014 (676) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 207 199 270 Closed companies in 2013 210 185 197 % change -1.4% 7.6% 37% Record Year 2013 (210) 2014 (199) 2014 (270)
Net Company Growth
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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.
Year Ilford UK 2014 1,438 214,114 2013 1,715 197,150 2012 1,596 198,164 2011 1,090 138,346 2010 959 58,125 Record Year 2013 (1,715) 2007 (237,353) Net Growth by Year
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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) Ilford UK 2014 562 90,590 2013 771 82,910 Record Year 2012 (818) 2003 (117,772) Net Growth by Half Year
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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) Ilford UK 2014 285 48,846 2013 307 36,396 Record Year 2012 (469) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 126 131 28 Net growth in 2013 155 100 52 Record Year 2008 (157) 2012 (203) 2012 (129)
UK Company Share
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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.
Year Ilford 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.6% 2010 0.7% Record Year (since 1960) 2013 (0.7%) Company Share by Year
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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 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 2013 (0.7%) Company Share by Half Year
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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 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 2012 (0.7%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.6% 0.7% 0.7% UK formation share in 2013 0.7% 0.7% 0.7% % change -13.2% 9.9% 2.4% Record Year 2009 (0.7%) 2012 (0.7%) 2014 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.92% CONSULTING 5.22% CONSULTING 1.73% MANAGEMENT 4.58% CONSULTANCY 1.73% CONSULTANCY 3.57% CONSTRUCTION 1.65% PROPERTY 2.66% CONSULTANTS 1.42% CONSTRUCTION 2.12% BUSINESS 1.33% ENGINEERING 2.10% MANAGEMENT 1.29% CARE 2.02% PROPERTY 1.16% TRADING 1.94% TRADING 1.10% LONDON 1.93% PROPERTIES 1.04% TRANSPORT 1.93% CARE 0.95% DESIGN 1.66% IT 0.74% CONSULTANTS 1.64% GLOBAL 0.74% ELECTRICAL 1.62% S 0.70% PROPERTIES 1.62% SECURITY 0.68% BUSINESS 1.56% CO 0.68% J 1.54% ENTERPRISES 0.68% CO., 1.50% ASSOCIATES 0.57% GLOBAL 1.49% BUILDING 0.57% INVESTMENTS 1.48% BUILDERS 0.55% ASSOCIATES 1.47% TRADERS 0.53% DEVELOPMENTS 1.35% INVESTMENTS 0.51% MEDIA 1.33% MAINTENANCE 0.49% IT 1.31% HOMES 0.49% BUILDING 1.29% FOODS 0.49% M 1.22%
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 2,290 265,608 62020 - Information technology consultancy activities 367 30,178 82990 - Other business support service activities not elsewhere classified 322 58,068 96090 - Other service activities not elsewhere classified 299 29,009 99999 - Dormant Company 253 48,509 70229 - Management consultancy activities other than financial management 226 42,290 62090 - Other information technology service activities 129 12,837 56102 - Unlicensed restaurants and cafes 102 4,745 56103 - Take-away food shops and mobile food stands 88 8,318 86900 - Other human health activities 81 12,976 41202 - Construction of domestic buildings 77 7,559 74909 - Other professional, scientific and technical activities not elsewhere classified 77 19,049 41100 - Development of building projects 76 11,397 49410 - Freight transport by road 74 10,842 43390 - Other building completion and finishing 74 5,931 47910 - Retail sale via mail order houses or via Internet 73 10,107 68209 - Other letting and operating of own or leased real estate 73 11,212 69201 - Accounting and auditing activities 70 7,528 69202 - Bookkeeping activities 63 3,012 62012 - Business and domestic software development 60 9,752
Recent Companies
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Randomly selected companies from this quarter
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