Romford, Essex
Q1 2011 Business Confidence Report
Headlines
- January 2011 saw a new record in company closures in Romford when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 304 companies were registered in Romford during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 20.2% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Romford UK 2011 304 116,391 2010 253 105,137 % change 20.2% 10.7% Record Year 2007 (317) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 92 95 117 New companies in 2010 71 81 101 % change 29.6% 17.3% 15.8% Record Year 2007 (93) 2007 (102) 2007 (122)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 181 companies were dissolved in Romford during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 8.4% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Romford UK 2011 181 90,986 2010 167 82,677 % change 8.4% 10.0% Record Year 2009 (235) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Romford when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 73 48 60 Closed companies in 2010 34 47 86 % change 114.7% 2.1% -30% Record Year 2011 (73) 2008 (65) 2009 (164)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Romford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 123 companies.
first quarter (Jan 2011 - Mar 2011) Romford UK 2011 123 25,405 2010 86 22,460 Record Year 2007 (206) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 19 47 57 Net growth in 2010 37 34 15 Record Year 2007 (53) 2007 (79) 2008 (81)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Romford formed 0.3% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Romford 2011 0.3% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.3% 0.3% UK formation share in 2010 0.2% 0.2% 0.2% % change 11.8% 3.2% 10.5% Record Year 1967 (0.7%) 1960 (0.4%) 1979 (0.8%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 41.2.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Romford was in 1861 when 40.0% of all directors were female.
26.3% of all director appointments in Romford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.67% CONSULTING 5.04% CONSULTING 1.55% MANAGEMENT 4.97% R 0.83% CONSULTANCY 3.16% J 0.83% PROPERTY 2.38% CONSULTANCY 0.83% TRADING 2.10% CARE 0.78% DESIGN 1.93% LONDON 0.78% ASSOCIATES 1.92% M 0.78% BUSINESS 1.87% BUSINESS 0.78% CONSTRUCTION 1.80% CONSTRUCTION 0.78% CONSULTANTS 1.76% ELECTRICAL 0.72% MEDIA 1.69% SECURITY 0.66% ENGINEERING 1.61% CONSULTANTS 0.54% LONDON 1.60% TRAINING 0.54% CARE 1.45% S 0.54% J 1.45% HEALTHCARE 0.54% GLOBAL 1.44% DESIGN 0.54% INVESTMENTS 1.43% IT 0.48% IT 1.41% B 0.48% PROPERTIES 1.36% G 0.48% BUILDING 1.34% ENTERPRISES 0.48% M 1.30% ASSOCIATES 0.48% ELECTRICAL 1.28% ESSEX 0.42% S 1.24% INVESTMENT 0.42% INTERNATIONAL 1.23% SERVICE 0.42% SYSTEMS 1.23%
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 568 202,798 7487 - Other business activities 125 60,968 82990 - Other business support service activities not elsewhere classified 48 30,253 99999 - Dormant Company 31 18,336 9999 - Dormant Company 29 19,765 96090 - Other service activities not elsewhere classified 29 10,085 7260 - Other computer related activities 29 7,789 86900 - Other human health activities 28 4,092 9305 - Other service activities 25 8,740 7499 - Non-trading company 24 11,316 70229 - Management consultancy activities other than financial management 22 16,150 4521 - General construction & civil engineering 21 6,183 62090 - Other information technology service activities 20 6,996 74990 - Non-trading company 19 8,695 62020 - Information technology consultancy activities 19 10,246 7414 - Business & management consultancy 18 12,916 43210 - Electrical installation 18 3,172 7222 - Other software consultancy and supply 17 7,000 74909 - Other professional, scientific and technical activities not elsewhere classified 16 7,788 43999 - Other specialised construction activities not elsewhere classified 16 3,097
Recent Companies
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Randomly selected companies from this quarter
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