Ilford, Essex

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Ilford when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Ilford when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Ilford when compared to any previous March.
  • March 2015 was a record month for company registrations in Ilford when compared to any month in history.
  • February 2015 saw a new record in company registrations in Ilford when compared to any previous February.
  • February 2015 saw a new record in company closures in Ilford when compared to any previous February.
  • January 2015 saw a new record in net growth in Ilford when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Ilford when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Ilford when compared to any quarter in history.

    A total of 1,050 companies were registered in Ilford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.1% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)IlfordUK
    20151,050161,156
    2014980150,722
    % change7.1%6.9%
    Record Year 2015 (1,050) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Ilford when compared to any previous March.

    March 2015 was a record month for company registrations in Ilford when compared to any month in history.

    February 2015 saw a new record in company registrations in Ilford when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015327342381
    New companies in 2014303310367
    % change7.9%10.3%3.8%
    Record Year2013 (335)2015 (342)2015 (381)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 655 companies were dissolved in Ilford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 31.3% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)IlfordUK
    201565589,523
    201449982,370
    % change31.3%8.7%
    Record Year 2015 (655) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Ilford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015177216262
    Closed companies in 2014171164164
    % change3.5%31.7%60%
    Record Year2013 (203)2015 (216)2009 (397)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Ilford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 395 companies.

    first quarter (Jan 2015 - Mar 2015)IlfordUK
    201539571,633
    201448168,352
    Record Year 2014 (481) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Ilford when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015150126119
    Net growth in 2014132146203
    Record Year2015 (150)2007 (186)2014 (203)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Ilford formed 0.7% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Ilford
    20150.7%
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    Record Year (since 1960) 2013 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.7%0.7%0.6%
    UK formation share in 20140.6%0.6%0.7%
    % change5.8%1.6%-5.4%
    Record Year2013 (0.8%)2013 (0.8%)1997 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 39.2.

    The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Ilford was in 2013 when 25.1% of all directors were female.

    21.8% of all director appointments in Ilford in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    LONDON1.99%CONSULTING5.23%
    CONSULTING1.89%MANAGEMENT4.56%
    CONSULTANCY1.79%CONSULTANCY3.62%
    CONSTRUCTION1.79%PROPERTY2.72%
    MANAGEMENT1.31%CONSTRUCTION2.19%
    PROPERTY1.25%CARE2.13%
    CONSULTANTS1.25%ENGINEERING2.12%
    BUSINESS1.18%LONDON1.91%
    PROPERTIES1.02%TRADING1.88%
    TRADING0.98%TRANSPORT1.82%
    CARE0.83%ELECTRICAL1.76%
    ASSOCIATES0.75%DESIGN1.65%
    GLOBAL0.75%PROPERTIES1.63%
    S0.64%CO.,1.58%
    BUILDERS0.64%J1.55%
    CO0.60%CONSULTANTS1.54%
    IT0.60%BUSINESS1.49%
    INTERNATIONAL0.58%INVESTMENTS1.49%
    TRADERS0.58%GLOBAL1.46%
    SECURITY0.58%ASSOCIATES1.44%
    HOMES0.54%DEVELOPMENTS1.36%
    ENTERPRISES0.54%BUILDING1.31%
    (LONDON)0.54%IT1.30%
    BUILDING0.54%MEDIA1.28%
    INVESTMENTS0.50%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,469288,953
    62020 - Information technology consultancy activities36130,825
    82990 - Other business support service activities not elsewhere classified31858,522
    96090 - Other service activities not elsewhere classified30729,218
    99999 - Dormant Company24349,474
    70229 - Management consultancy activities other than financial management23243,081
    62090 - Other information technology service activities12212,862
    56103 - Take-away food shops and mobile food stands958,607
    56102 - Unlicensed restaurants and cafes914,917
    86900 - Other human health activities8913,990
    43390 - Other building completion and finishing836,052
    47910 - Retail sale via mail order houses or via Internet8010,200
    41100 - Development of building projects7911,863
    74909 - Other professional, scientific and technical activities not elsewhere classified7819,098
    68209 - Other letting and operating of own or leased real estate7411,600
    49410 - Freight transport by road7212,485
    69201 - Accounting and auditing activities707,682
    41202 - Construction of domestic buildings707,797
    62012 - Business and domestic software development629,651
    85590 - Other education not elsewhere classified596,238

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09372418 RAHEEL TRADING LTD 02 Jan 2015
    09372566 BEAUTONICS LIMITED 05 Jan 2015
    09373750 DITECH EUROPE LTD 05 Jan 2015
    09374602 AASTHA CONSULTANCY LIMITED 06 Jan 2015
    09375928 GREEN ENERGY INSTALLS LIMITED 06 Jan 2015
    09376746 MUZMATCH LIMITED 07 Jan 2015
    09377128 TRIPTRADE LTD 07 Jan 2015
    09377582 CLASSY BALLER LIMITED 07 Jan 2015
    09377965 KMR COMMERCIALS LTD 07 Jan 2015
    09379768 KDL BUILDING CONTRACTORS LTD 08 Jan 2015
    09380933 PREMIER INTERIORS (UK) LTD 09 Jan 2015
    09381700 MAZ LINKS LTD 09 Jan 2015
    09383908 EURO ASIA VEG LTD 12 Jan 2015
    09384300 DATAAR LIMITED 12 Jan 2015
    09385998 NS SERVICES (LONDON) LTD LTD 13 Jan 2015
    09386182 SNUGABOO LTD 13 Jan 2015
    09389500 HASI HCW LTD 15 Jan 2015
    09391852 CLAUDIU MOTORGA LIMITED 16 Jan 2015
    09392611 PRIMEWAYS INVESTMENT LTD 16 Jan 2015
    09393697 VATRIK LTD 19 Jan 2015
    09394086 JH DEVELOPERS LIMITED 19 Jan 2015
    09394639 IMPERIAL RESIDENCIES LIMITED 19 Jan 2015
    09394692 E-TECH ACCOUNTANCY LIMITED 19 Jan 2015
    09396394 BROTHERS DECKING LTD. 20 Jan 2015
    09396934 HARCOURT ROAD MANAGEMENT LIMITED 20 Jan 2015