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
New Company Registrations
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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) Romford UK 2010 519 203,749 2009 423 182,021 % change 22.7% 11.9% Record Year 2007 (594) 2007 (279,097) New Companies by Half Year
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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) Romford UK 2010 266 98,612 2009 210 90,987 % change 26.7% 8.4% Record Year 2007 (277) 2007 (112,283) New Companies by Quarter
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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
April May June New companies in 2010 97 74 95 New companies in 2009 76 59 75 % change 27.6% 25.4% 26.7% Record Year 2007 (104) 2007 (93) 2010 (95)
Closed Companies (dissolved)
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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) Romford UK 2010 369 177,631 2009 700 289,236 % change -47.3% -38.6% Record Year 2009 (700) 2009 (289,236) Dissolved Companies by Half Year
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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) Romford UK 2010 202 94,954 2009 465 181,176 % change -56.6% -47.6% Record Year 2009 (465) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 49 74 79 Closed companies in 2009 155 209 101 % change -68.4% -64.6% -22% Record Year 2009 (155) 2009 (209) 2009 (101)
Net Company Growth
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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) Romford UK 2010 150 26,118 2009 -277 -107,215 Record Year 2007 (353) 2007 (171,296) Net Growth by Half Year
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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) Romford UK 2010 64 3,658 2009 -255 -90,189 Record Year 2008 (170) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 48 0 16 Net growth in 2009 -79 -150 -26 Record Year 2007 (81) 2008 (47) 2008 (64)
UK Company Share
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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 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Half Year
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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 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.2% 0.3% UK formation share in 2009 0.2% 0.2% 0.2% % change 17.4% 19.6% 13.9% Record Year 1960 (0.5%) 1962 (0.8%) 1965 (0.4%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.61% MANAGEMENT 5.01% MANAGEMENT 1.40% CONSULTING 4.79% CARE 1.26% CONSULTANCY 3.02% R 1.12% PROPERTY 2.40% BUILDING 1.12% ASSOCIATES 2.02% LONDON 0.98% TRADING 2.01% CONSULTANCY 0.98% DESIGN 1.91% CONSTRUCTION 0.77% CONSTRUCTION 1.85% ELECTRICAL 0.77% MEDIA 1.80% PROPERTY 0.70% BUSINESS 1.75% BUSINESS 0.70% CONSULTANTS 1.71% D 0.70% INTERNATIONAL 1.59% J 0.63% ENGINEERING 1.56% ENTERPRISES 0.63% LONDON 1.52% RECRUITMENT 0.56% INVESTMENTS 1.49% ASSOCIATES 0.56% J 1.46% TRAINING 0.49% CARE 1.41% M 0.49% GLOBAL 1.39% TRANSPORT 0.49% PROPERTIES 1.35% CONSULTANTS 0.49% BUILDING 1.33% BEAUTY 0.49% M 1.29% INTERNATIONAL 0.49% IT 1.28% ESSEX 0.49% ELECTRICAL 1.27% HOUSE 0.42% GROUP 1.25% PLUMBING 0.42% DEVELOPMENTS 1.25%
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 638 207,125 7487 - Other business activities 141 68,525 82990 - Other business support service activities not elsewhere classified 48 25,942 4521 - General construction & civil engineering 32 8,262 7499 - Non-trading company 30 13,997 9999 - Dormant Company 29 19,842 99999 - Dormant Company 27 14,342 9305 - Other service activities 27 8,822 96090 - Other service activities not elsewhere classified 25 7,922 7260 - Other computer related activities 24 9,122 7414 - Business & management consultancy 23 14,598 86900 - Other human health activities 21 3,450 4534 - Other building installation 19 2,652 7222 - Other software consultancy and supply 18 8,285 62090 - Other information technology service activities 18 5,854 43210 - Electrical installation 15 2,859 43999 - Other specialised construction activities not elsewhere classified 15 2,739 74909 - Other professional, scientific and technical activities not elsewhere classified 15 6,684 74990 - Non-trading company 14 7,893 70229 - Management consultancy activities other than financial management 14 13,490
Recent Companies
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Randomly selected companies from this quarter
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