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
    07328320 NICHOLLS & ROE LTD 28 Jul 2010
    07312845 A & M FIRE & SECURITY LTD 13 Jul 2010
    07311626 ID INTERIOR DESIGN (LONDON) LIMITED 12 Jul 2010
    07302604 CTPL ELECTRICAL LIMITED 02 Jul 2010
    07328441 SDAC SERVICES LIMITED 28 Jul 2010
    07325026 ENTIRE PLUMBING & HEATING SERVICES LIMITED 23 Jul 2010
    07322283 W H J MOTORS LIMITED 22 Jul 2010
    07314802 KOLDWOOD LIMITED 14 Jul 2010
    07328608 N & TJ OYEWOLE LTD 28 Jul 2010
    07325259 BETIBEN LIMITED 26 Jul 2010
    07314493 MASTER CENTRAL EUROPE LTD 14 Jul 2010
    07310457 CTC EXPRESS LIMITED 09 Jul 2010
    07306986 ADMARKPRO LTD 07 Jul 2010
    07306854 NYAME TIASE COMPANY LTD 07 Jul 2010
    07321674 CHP VALUERS LIMITED 21 Jul 2010
    07320366 GLENDINING HIGHWAY MARKINGS LIMITED 20 Jul 2010
    07318737 GLASSTEC SYSTEMS LIMITED 19 Jul 2010
    07327785 TISOT GLOBAL RESOURCES LTD 27 Jul 2010
    07303034 GOLTHART LEAN UK LTD 02 Jul 2010
    07327114 MEDIA PROFESSIONALS LIMITED 27 Jul 2010
    07312129 CAPITAL IT LIMITED 13 Jul 2010
    07305633 N.I.Z LTD 06 Jul 2010
    07301115 SHOEISOFT LTD 01 Jul 2010
    07317868 HOUNSLOW LANGUAGE SERVICE LTD 16 Jul 2010
    07316111 EBA LEGAL SERVICES LTD 15 Jul 2010