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
    09467311 A1 QA SOLUTIONS LTD 03 Mar 2015
    09468771 GALAXY PROPERTIES MANAGEMENT LIMITED 03 Mar 2015
    09469319 REFAH LTD 03 Mar 2015
    09470355 RUSSELL TREW (LONDON) LIMITED 04 Mar 2015
    09471730 RS CONTRACTORS & SERVICES LTD 05 Mar 2015
    09472312 WYNTER VENTURES LIMITED 05 Mar 2015
    09476711 BEST LAW SOLICITORS LIMITED 09 Mar 2015
    09477557 ZSZ HEALERS LTD 09 Mar 2015
    09480488 FPU LIMITED 10 Mar 2015
    09480790 MU TRADERS AND REMOVALS LTD 10 Mar 2015
    09481464 AARUNYA LIMITED 10 Mar 2015
    09482546 KADKER LTD 10 Mar 2015
    09482712 GUNES CAFE LTD 11 Mar 2015
    09483672 TOUCH STONE TYRES LIMITED 11 Mar 2015
    09484265 LUBEGA CARE LIMITED 11 Mar 2015
    09484606 R8 IT LTD 11 Mar 2015
    09485229 P&C CONSTRUCTION LTD. 12 Mar 2015
    09487015 KAZE LIMITED 12 Mar 2015
    09488514 DOUBLE GLAZING SERVICES LIMITED 13 Mar 2015
    09491674 AA TRAVEL LTD 16 Mar 2015
    09491870 P H PLUMBING & HEATING (GLOBAL) LTD 16 Mar 2015
    09492101 MIISOL LTD 16 Mar 2015
    09493018 DK VEHICLES LTD 17 Mar 2015
    09495599 HEALTH FIX LOCUMS LTD 18 Mar 2015
    09499043 CORENET LIMITED 19 Mar 2015