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

  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 (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)RomfordUK
    2010247101,492
    200921994,671
    % change12.8%7.2%
    Record Year 2010 (247) 2003 (107,203)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2010759082
    New companies in 2009756183
    % change0.0%47.5%-1.2%
    Record Year2008 (91)2010 (90)2007 (84)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201023387,705
    2009276159,401
    % change-15.6%-45.0%
    Record Year 2009 (276) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20107110161
    Closed companies in 20095799120
    % change24.6%2.0%-49%
    Record Year2007 (74)2008 (104)2009 (120)

Net Company Growth

  1. 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)RomfordUK
    20101413,787
    2009-57-64,730
    Record Year 2003 (120) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20104-1121
    Net growth in 200918-38-37
    Record Year2008 (87)2007 (34)2008 (50)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960) 1978 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.3%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-7.0%33.9%-5.3%
    Record Year1960 (0.6%)1977 (0.4%)1972 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.89%MANAGEMENT5.06%
    MANAGEMENT1.41%CONSULTING4.99%
    CONSULTANCY1.08%CONSULTANCY3.12%
    R0.88%PROPERTY2.38%
    LONDON0.81%TRADING2.04%
    CONSTRUCTION0.81%ASSOCIATES2.01%
    BUILDING0.81%DESIGN1.93%
    ELECTRICAL0.81%CONSTRUCTION1.86%
    J0.74%BUSINESS1.80%
    M0.74%MEDIA1.75%
    ENTERPRISES0.67%CONSULTANTS1.73%
    CARE0.67%LONDON1.59%
    BUSINESS0.67%ENGINEERING1.59%
    S0.61%INVESTMENTS1.49%
    ESSEX0.54%CARE1.44%
    CONSULTANTS0.54%J1.44%
    TRAINING0.47%INTERNATIONAL1.43%
    SECURITY0.47%GLOBAL1.42%
    IT0.47%IT1.35%
    D0.47%PROPERTIES1.35%
    BEAUTY0.40%BUILDING1.32%
    ROMFORD0.40%ELECTRICAL1.30%
    ASSOCIATES0.40%M1.28%
    AUTO0.40%SYSTEMS1.26%
    PROPERTY0.40%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied631202,902
    7487 - Other business activities14369,802
    82990 - Other business support service activities not elsewhere classified4925,053
    9999 - Dormant Company3321,484
    7260 - Other computer related activities298,967
    4521 - General construction & civil engineering287,634
    7499 - Non-trading company2713,408
    99999 - Dormant Company2714,072
    9305 - Other service activities269,454
    96090 - Other service activities not elsewhere classified257,767
    86900 - Other human health activities223,361
    7222 - Other software consultancy and supply228,183
    7414 - Business & management consultancy2114,940
    74990 - Non-trading company167,649
    43210 - Electrical installation152,747
    62090 - Other information technology service activities155,716
    43999 - Other specialised construction activities not elsewhere classified142,664
    5530 - Restaurants145,181
    70229 - Management consultancy activities other than financial management1413,161
    4545 - Other building completion142,970

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07392516 MOBILE AUTO CARE LIMITED 30 Sep 2010
    07391936 ONCALL 365 LTD 29 Sep 2010
    07390525 KADAM SHOES LTD 28 Sep 2010
    07383238 ECLIPSE ELECTRICAL CONSTRUCTIONS LIMITED 21 Sep 2010
    07381720 ESSEX AERIALS LIMITED 20 Sep 2010
    07374734 BOUNDS GREEN CHICKEN LTD 14 Sep 2010
    07363573 THE TEAMLANDSCAPERS LTD 02 Sep 2010
    07362051 THE TANNING LOUNGE (E4) LIMITED 01 Sep 2010
    07381803 HARGOD LIMITED 20 Sep 2010
    07377235 CONTRACT OFFICE FURNITURE SPECIALISTS LIMITED 15 Sep 2010
    07362721 RB CLEANING & CO LTD 01 Sep 2010
    07376778 TINY TALKS PRE SCHOOL DAY NURSERY LIMITED 15 Sep 2010
    07371805 CRYSTAL BLINDS LIMITED 10 Sep 2010
    07362665 ROMFORD DOUBLE GLAZING LIMITED 01 Sep 2010
    07382028 SOUND INN LIMITED 21 Sep 2010
    07372305 EAST COAST STUDIO LIMITED 10 Sep 2010
    07368417 ROTARU SERVICES LTD 07 Sep 2010
    07362968 CARDAMON LOUNGE LTD 02 Sep 2010
    07390655 CJX PREMIER CONSULTING LTD 29 Sep 2010
    07380557 TINGLING DESIGN LIMITED 20 Sep 2010
    07376757 STAY ACTIVE KIDS LIMITED 15 Sep 2010
    07368115 REAL LOANS & MORTGAGES LIMITED 07 Sep 2010
    07366224 PRISTINE PAWS LIMITED 06 Sep 2010
    07386812 TIDDLERS LTD 24 Sep 2010
    07384268 R PACKARD CONSULTANCY LIMITED 22 Sep 2010