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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

  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 (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)RomfordUK
    2011304116,391
    2010253105,137
    % change20.2%10.7%
    Record Year 2007 (317) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20119295117
    New companies in 20107181101
    % change29.6%17.3%15.8%
    Record Year2007 (93)2007 (102)2007 (122)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201118190,986
    201016782,677
    % change8.4%10.0%
    Record Year 2009 (235) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011734860
    Closed companies in 2010344786
    % change114.7%2.1%-30%
    Record Year2011 (73)2008 (65)2009 (164)

Net Company Growth

  1. 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)RomfordUK
    201112325,405
    20108622,460
    Record Year 2007 (206) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011194757
    Net growth in 2010373415
    Record Year2007 (53)2007 (79)2008 (81)

UK Company Share

  1. 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
    20110.3%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.3%0.3%
    UK formation share in 20100.2%0.2%0.2%
    % change11.8%3.2%10.5%
    Record Year1967 (0.7%)1960 (0.4%)1979 (0.8%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.67%CONSULTING5.04%
    CONSULTING1.55%MANAGEMENT4.97%
    R0.83%CONSULTANCY3.16%
    J0.83%PROPERTY2.38%
    CONSULTANCY0.83%TRADING2.10%
    CARE0.78%DESIGN1.93%
    LONDON0.78%ASSOCIATES1.92%
    M0.78%BUSINESS1.87%
    BUSINESS0.78%CONSTRUCTION1.80%
    CONSTRUCTION0.78%CONSULTANTS1.76%
    ELECTRICAL0.72%MEDIA1.69%
    SECURITY0.66%ENGINEERING1.61%
    CONSULTANTS0.54%LONDON1.60%
    TRAINING0.54%CARE1.45%
    S0.54%J1.45%
    HEALTHCARE0.54%GLOBAL1.44%
    DESIGN0.54%INVESTMENTS1.43%
    IT0.48%IT1.41%
    B0.48%PROPERTIES1.36%
    G0.48%BUILDING1.34%
    ENTERPRISES0.48%M1.30%
    ASSOCIATES0.48%ELECTRICAL1.28%
    ESSEX0.42%S1.24%
    INVESTMENT0.42%INTERNATIONAL1.23%
    SERVICE0.42%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied568202,798
    7487 - Other business activities12560,968
    82990 - Other business support service activities not elsewhere classified4830,253
    99999 - Dormant Company3118,336
    9999 - Dormant Company2919,765
    96090 - Other service activities not elsewhere classified2910,085
    7260 - Other computer related activities297,789
    86900 - Other human health activities284,092
    9305 - Other service activities258,740
    7499 - Non-trading company2411,316
    70229 - Management consultancy activities other than financial management2216,150
    4521 - General construction & civil engineering216,183
    62090 - Other information technology service activities206,996
    74990 - Non-trading company198,695
    62020 - Information technology consultancy activities1910,246
    7414 - Business & management consultancy1812,916
    43210 - Electrical installation183,172
    7222 - Other software consultancy and supply177,000
    74909 - Other professional, scientific and technical activities not elsewhere classified167,788
    43999 - Other specialised construction activities not elsewhere classified163,097

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07545779 CELLULAR STORAGE LIMITED 28 Feb 2011
    07540090 GRACE'S BAR LTD 23 Feb 2011
    07534376 JIM HAYES FIREPLACES LIMITED 18 Feb 2011
    07534318 TREACLE AND TOFFEE LIMITED 18 Feb 2011
    07532247 ASTRION UK LIMITED 16 Feb 2011
    07526978 FRILLY & FIERCE LIMITED 11 Feb 2011
    07526820 STOWERS LIMITED 11 Feb 2011
    07517026 RIDE ARCADE LIMITED 04 Feb 2011
    07522739 ELITESCAPES GARDEN CONSTRUCTION LIMITED 09 Feb 2011
    07537922 GRANITE SUPPLY UK LTD 22 Feb 2011
    07534438 S MORRIS CONSULTANT LTD 18 Feb 2011
    07520198 BUTE COMMUNITY LINK LTD 07 Feb 2011
    07521600 BIBLES FOR EUROPE 08 Feb 2011
    07517809 JOHN HARRIS CONSULTING LIMITED 04 Feb 2011
    07537565 ORGANISATIONAL AND HUMAN CAPITAL SOLUTIONS LIMITED 21 Feb 2011
    07533382 ME2B LTD 17 Feb 2011
    07528468 KAYS KONSULTS LTD 14 Feb 2011
    07517441 LJRM INVESTMENT MANAGEMENT LIMITED 04 Feb 2011
    07514090 Q7 TAX & ACCOUNTANCY LIMITED 02 Feb 2011
    07540576 A. Z. TRANSPORT LIMITED 23 Feb 2011
    07537335 WONGI DESIGN & BUILD LTD 21 Feb 2011
    07534928 FOUR NINETEEN LIMITED 18 Feb 2011
    07532801 MOBILE AUTOCAR CARE LIMITED 17 Feb 2011
    07530606 CC & AI HAULAGE LTD 15 Feb 2011
    07523378 CHAMP PROPERTIES LIMITED 09 Feb 2011