Romford, Essex

2010 Half Year Business Confidence Report

Headlines

  • June 2010 saw a new record in company registrations in Romford when compared to any previous June.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 519 companies were formed in Romford. This figure is 22.7% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Romford occurred in 2007 when a total of 594 were formed.

    Half Year (Jan-Jun)RomfordUK
    2010519203,749
    2009423182,021
    % change22.7%11.9%
    Record Year2007 (594)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 266 companies were registered in Romford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 26.7% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)RomfordUK
    201026698,612
    200921090,987
    % change26.7%8.4%
    Record Year 2007 (277) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company registrations in Romford when compared to any previous June.

    New Companies by Month
    AprilMayJune
    New companies in 2010977495
    New companies in 2009765975
    % change27.6%25.4%26.7%
    Record Year2007 (104)2007 (93)2010 (95)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 369 companies were dissolved in Romford. This figure is 47.3% lower than last year, which compares well to the UK wide change of -38.6%.

    The highest total for a first half year in Romford occurred in 2009 when a total of 700 were closed.

    Half Year (Jan-Jun)RomfordUK
    2010369177,631
    2009700289,236
    % change-47.3%-38.6%
    Record Year2009 (700)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 202 companies were dissolved in Romford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 56.6% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)RomfordUK
    201020294,954
    2009465181,176
    % change-56.6%-47.6%
    Record Year 2009 (465) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010497479
    Closed companies in 2009155209101
    % change-68.4%-64.6%-22%
    Record Year2009 (155)2009 (209)2009 (101)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Romford increased by 150 companies.

    Half Year (Jan-Jun)RomfordUK
    201015026,118
    2009-277-107,215
    Record Year2007 (353)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Romford during the second quarter of 2010 (Apr 2010 - Jun 2010) was 64 companies.

    second quarter (Apr 2010 - Jun 2010)RomfordUK
    2010643,658
    2009-255-90,189
    Record Year 2008 (170) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201048016
    Net growth in 2009-79-150-26
    Record Year2007 (81)2008 (47)2008 (64)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Romford formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.

    Half Year (Jan-Jun)Romford
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Romford formed 0.3% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Romford
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.2%0.3%
    UK formation share in 20090.2%0.2%0.2%
    % change17.4%19.6%13.9%
    Record Year1960 (0.5%)1962 (0.8%)1965 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 42.0.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 42.5.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

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

    25.6% of all director appointments in Romford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Romford was in 1866 when 66.7% of all directors were female.

    25.6% of all director appointments in Romford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.61%MANAGEMENT5.01%
    MANAGEMENT1.40%CONSULTING4.79%
    CARE1.26%CONSULTANCY3.02%
    R1.12%PROPERTY2.40%
    BUILDING1.12%ASSOCIATES2.02%
    LONDON0.98%TRADING2.01%
    CONSULTANCY0.98%DESIGN1.91%
    CONSTRUCTION0.77%CONSTRUCTION1.85%
    ELECTRICAL0.77%MEDIA1.80%
    PROPERTY0.70%BUSINESS1.75%
    BUSINESS0.70%CONSULTANTS1.71%
    D0.70%INTERNATIONAL1.59%
    J0.63%ENGINEERING1.56%
    ENTERPRISES0.63%LONDON1.52%
    RECRUITMENT0.56%INVESTMENTS1.49%
    ASSOCIATES0.56%J1.46%
    TRAINING0.49%CARE1.41%
    M0.49%GLOBAL1.39%
    TRANSPORT0.49%PROPERTIES1.35%
    CONSULTANTS0.49%BUILDING1.33%
    BEAUTY0.49%M1.29%
    INTERNATIONAL0.49%IT1.28%
    ESSEX0.49%ELECTRICAL1.27%
    HOUSE0.42%GROUP1.25%
    PLUMBING0.42%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied638207,125
    7487 - Other business activities14168,525
    82990 - Other business support service activities not elsewhere classified4825,942
    4521 - General construction & civil engineering328,262
    7499 - Non-trading company3013,997
    9999 - Dormant Company2919,842
    99999 - Dormant Company2714,342
    9305 - Other service activities278,822
    96090 - Other service activities not elsewhere classified257,922
    7260 - Other computer related activities249,122
    7414 - Business & management consultancy2314,598
    86900 - Other human health activities213,450
    4534 - Other building installation192,652
    7222 - Other software consultancy and supply188,285
    62090 - Other information technology service activities185,854
    43210 - Electrical installation152,859
    43999 - Other specialised construction activities not elsewhere classified152,739
    74909 - Other professional, scientific and technical activities not elsewhere classified156,684
    74990 - Non-trading company147,893
    70229 - Management consultancy activities other than financial management1413,490

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07237808 KXW CONSULTING LTD 28 Apr 2010
    07227977 MUNCHKINS CAFE LIMITED 20 Apr 2010
    07226289 FROST BUILDING & CONSTRUCTION LIMITED 16 Apr 2010
    07220079 NN0 LTD. 12 Apr 2010
    07219142 SGH ELECTRICAL LIMITED 09 Apr 2010
    07210890 DP CREDIT RECOVERY SOLUTIONS LIMITED 01 Apr 2010
    07223932 ALDOSO LIMITED 15 Apr 2010
    07223060 G & R METALS LTD 14 Apr 2010
    07214374 AMM SUPERSTORE LIMITED 07 Apr 2010
    07236664 THE HAROLD WOOD NEIGHBOURHOOD CENTRE BAR CLUB LIMITED 27 Apr 2010
    07235636 CHIKNDAL INVESTMENTS LIMITED 27 Apr 2010
    07233079 HALIDON VENTURES LIMITED 23 Apr 2010
    07228263 D & R ROOFING (ESSEX) LTD 20 Apr 2010
    07217358 SADEDON LIMITED 08 Apr 2010
    07236995 SPORT CONSULTANTS UK LIMITED 27 Apr 2010
    07236360 EVRY LIMITED 27 Apr 2010
    07220479 GLOBALWIDE ENTERPRISE LTD 12 Apr 2010
    07219312 PINEWOODS PUB LIMITED 11 Apr 2010
    07237309 MD BUILDING SERVICES (UK) LTD 28 Apr 2010
    07226515 PARAGON FINANCIAL SERVICES (UK) LTD 17 Apr 2010
    07220329 GOLDEN KEBAB PLACE LIMITED 12 Apr 2010
    07215013 R&U CONSULTING LTD 07 Apr 2010
    07213178 SV IT CONSULTING LIMITED 06 Apr 2010
    07226558 HBOO TRADING LIMITED 17 Apr 2010
    07218907 PRIMIER ENTERPRISES LTD 09 Apr 2010