Romford, Essex
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company registrations in Romford when compared to any previous Q3.
- August 2010 saw a new record in company registrations in Romford when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company registrations in Romford when compared to any previous Q3.
A total of 247 companies were registered in Romford during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 12.8% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Romford UK 2010 247 101,492 2009 219 94,671 % change 12.8% 7.2% Record Year 2010 (247) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
August 2010 saw a new record in company registrations in Romford when compared to any previous August.
New Companies by Month
July August September New companies in 2010 75 90 82 New companies in 2009 75 61 83 % change 0.0% 47.5% -1.2% Record Year 2008 (91) 2010 (90) 2007 (84)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 233 companies were dissolved in Romford during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 15.6% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Romford UK 2010 233 87,705 2009 276 159,401 % change -15.6% -45.0% Record Year 2009 (276) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 71 101 61 Closed companies in 2009 57 99 120 % change 24.6% 2.0% -49% Record Year 2007 (74) 2008 (104) 2009 (120)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Romford during the third quarter of 2010 (Jul 2010 - Sep 2010) was 14 companies.
third quarter (Jul 2010 - Sep 2010) Romford UK 2010 14 13,787 2009 -57 -64,730 Record Year 2003 (120) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 4 -11 21 Net growth in 2009 18 -38 -37 Record Year 2008 (87) 2007 (34) 2008 (50)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Romford formed 0.2% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Romford 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.3% 2006 0.2% Record Year (since 1960) 1978 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.3% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -7.0% 33.9% -5.3% Record Year 1960 (0.6%) 1977 (0.4%) 1972 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 41.8.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Romford was in 1862 when 50.0% of all directors were female.
24.7% of all director appointments in Romford in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.89% MANAGEMENT 5.06% MANAGEMENT 1.41% CONSULTING 4.99% CONSULTANCY 1.08% CONSULTANCY 3.12% R 0.88% PROPERTY 2.38% LONDON 0.81% TRADING 2.04% CONSTRUCTION 0.81% ASSOCIATES 2.01% BUILDING 0.81% DESIGN 1.93% ELECTRICAL 0.81% CONSTRUCTION 1.86% J 0.74% BUSINESS 1.80% M 0.74% MEDIA 1.75% ENTERPRISES 0.67% CONSULTANTS 1.73% CARE 0.67% LONDON 1.59% BUSINESS 0.67% ENGINEERING 1.59% S 0.61% INVESTMENTS 1.49% ESSEX 0.54% CARE 1.44% CONSULTANTS 0.54% J 1.44% TRAINING 0.47% INTERNATIONAL 1.43% SECURITY 0.47% GLOBAL 1.42% IT 0.47% IT 1.35% D 0.47% PROPERTIES 1.35% BEAUTY 0.40% BUILDING 1.32% ROMFORD 0.40% ELECTRICAL 1.30% ASSOCIATES 0.40% M 1.28% AUTO 0.40% SYSTEMS 1.26% PROPERTY 0.40% S 1.24%
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 631 202,902 7487 - Other business activities 143 69,802 82990 - Other business support service activities not elsewhere classified 49 25,053 9999 - Dormant Company 33 21,484 7260 - Other computer related activities 29 8,967 4521 - General construction & civil engineering 28 7,634 7499 - Non-trading company 27 13,408 99999 - Dormant Company 27 14,072 9305 - Other service activities 26 9,454 96090 - Other service activities not elsewhere classified 25 7,767 86900 - Other human health activities 22 3,361 7222 - Other software consultancy and supply 22 8,183 7414 - Business & management consultancy 21 14,940 74990 - Non-trading company 16 7,649 43210 - Electrical installation 15 2,747 62090 - Other information technology service activities 15 5,716 43999 - Other specialised construction activities not elsewhere classified 14 2,664 5530 - Restaurants 14 5,181 70229 - Management consultancy activities other than financial management 14 13,161 4545 - Other building completion 14 2,970
Recent Companies
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Randomly selected companies from this quarter
reports
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