Romford, Essex

Q1 2010 Business Confidence Report

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 2010)

    A total of 253 companies were registered in Romford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 18.8% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)RomfordUK
    2010253105,137
    200921391,034
    % change18.8%15.5%
    Record Year 2007 (317) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20107181101
    New companies in 2009706677
    % change1.4%22.7%31.2%
    Record Year2007 (93)2007 (102)2007 (122)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 167 companies were dissolved in Romford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 28.9% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)RomfordUK
    201016782,677
    2009235108,060
    % change-28.9%-23.5%
    Record Year 2009 (235) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010344786
    Closed companies in 20093932164
    % change-12.8%46.9%-48%
    Record Year2008 (66)2008 (65)2009 (164)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Romford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 86 companies.

    first quarter (Jan 2010 - Mar 2010)RomfordUK
    20108622,460
    2009-22-17,026
    Record Year 2007 (206) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010373415
    Net growth in 20093134-87
    Record Year2007 (53)2007 (79)2008 (81)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Romford formed 0.2% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Romford
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.3%0.2%0.2%
    % change-5.9%5.1%9.0%
    Record Year1967 (0.7%)1960 (0.4%)1979 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 41.6.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Romford was in 1861 when 40.0% of all directors were female.

    25.6% of all director appointments in Romford in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CARE1.61%MANAGEMENT5.01%
    LONDON1.10%CONSULTING4.60%
    BUILDING1.02%CONSULTANCY2.87%
    CONSULTANCY0.95%PROPERTY2.50%
    CONSULTING0.95%ASSOCIATES2.04%
    PROPERTY0.95%TRADING1.93%
    D0.73%DESIGN1.91%
    R0.66%CONSTRUCTION1.87%
    INTERNATIONAL0.59%MEDIA1.84%
    BUSINESS0.59%BUSINESS1.74%
    TRANSPORT0.59%INTERNATIONAL1.73%
    MANAGEMENT0.59%CONSULTANTS1.63%
    CONSTRUCTION0.59%ENGINEERING1.54%
    SECURITY0.59%J1.48%
    ASSOCIATES0.51%LONDON1.45%
    ENTERPRISES0.51%INVESTMENTS1.45%
    HOME0.51%GROUP1.37%
    T0.44%GLOBAL1.35%
    ELECTRICAL0.44%PROPERTIES1.35%
    ESSEX0.44%BUILDING1.34%
    GLOBAL0.44%CARE1.33%
    RECRUITMENT0.44%ELECTRICAL1.30%
    TRAINING0.44%M1.28%
    SOCIAL0.44%SYSTEMS1.25%
    J0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied699228,645
    7487 - Other business activities13974,904
    82990 - Other business support service activities not elsewhere classified5326,974
    7499 - Non-trading company3715,398
    4521 - General construction & civil engineering349,325
    9999 - Dormant Company3419,948
    7414 - Business & management consultancy3117,003
    7260 - Other computer related activities2810,331
    9305 - Other service activities259,038
    99999 - Dormant Company2413,808
    62090 - Other information technology service activities236,340
    96090 - Other service activities not elsewhere classified238,154
    4534 - Other building installation202,840
    74990 - Non-trading company188,149
    7222 - Other software consultancy and supply189,659
    43999 - Other specialised construction activities not elsewhere classified173,069
    43210 - Electrical installation163,163
    4531 - Installation electrical wiring etc.152,729
    62020 - Information technology consultancy activities159,943
    74909 - Other professional, scientific and technical activities not elsewhere classified157,143

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07171022 VASCULAR STUDIES IMAGING LIMITED 26 Feb 2010
    07164407 QUINNS RECOVERY AND STORAGE LIMITED 22 Feb 2010
    07162522 DRINKABILITY LIMITED 18 Feb 2010
    07162009 HIPS 4 HOMES LIMITED 18 Feb 2010
    07161263 IDS DESIGN LTD 17 Feb 2010
    07159932 FORKS AND FINGERS LIMITED 17 Feb 2010
    07149642 FAIRWAY CONTAINER STORAGE LIMITED 08 Feb 2010
    07146024 AVIATION WORK SUPPORT LIMITED 04 Feb 2010
    07170832 OPIUM LOUNGE (ROMFORD) LIMITED 26 Feb 2010
    07169167 LEN SMITH BUILDERS LTD 25 Feb 2010
    07156753 PRINCIPAL RECRUITMENT LIMITED 15 Feb 2010
    07152065 HASTINGWOOD COURT (RTM) COMPANY LIMITED 09 Feb 2010
    07149558 ROXY DESIGNS LIMITED 08 Feb 2010
    07147655 THE BOAT SHOP (EU) LIMITED 05 Feb 2010
    07159415 ALL OVER FLOORING LIMITED 16 Feb 2010
    07151405 BOLT MEZZANINE LIMITED 09 Feb 2010
    07144548 BLACK WIDOW BODY ART LIMITED 03 Feb 2010
    07142075 MILESTONE ASSOCIATES LIMITED 01 Feb 2010
    07163616 FUTURE SOLUTIONS INC. LIMITED 19 Feb 2010
    07159909 DNB FRIENDS LIMITED 17 Feb 2010
    07158921 NNGC CONSULTANTS LIMITED 16 Feb 2010
    07155540 LONDON HOME SUPPORT LTD 12 Feb 2010
    07165064 COMPLETE ULTRASOUND SERVICES LIMITED 22 Feb 2010
    07157050 AX2 PRODUCTS LIMITED 15 Feb 2010
    07143764 RADIANT SOCIAL CARE LTD 02 Feb 2010