Romford, Essex
2011 Half Year Business Confidence Report
Headlines
- Q2 2011 saw a new record in company registrations in Romford when compared to any previous Q2.
- June 2011 saw a new record in company registrations in Romford when compared to any previous June.
- May 2011 saw a new record in company registrations in Romford when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 581 companies were formed in Romford. This figure is 11.9% higher than last year, which compares badly to the UK wide figure of 12.3%.
The highest total for a first half year in Romford occurred in 2007 when a total of 594 were formed.
Half Year (Jan-Jun) Romford UK 2011 581 228,735 2010 519 203,749 % change 11.9% 12.3% Record Year 2007 (594) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Q2 2011 saw a new record in company registrations in Romford when compared to any previous Q2.
A total of 277 companies were registered in Romford during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 4.1% versus the same period last year (Q2 2010). This figure compares badly to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Romford UK 2011 277 112,344 2010 266 98,612 % change 4.1% 13.9% Record Year 2007 (277) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
June 2011 saw a new record in company registrations in Romford when compared to any previous June.
May 2011 saw a new record in company registrations in Romford when compared to any previous May.
New Companies by Month
April May June New companies in 2011 77 102 98 New companies in 2010 97 74 95 % change -20.6% 37.8% 3.2% Record Year 2007 (104) 2011 (102) 2011 (98)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 333 companies were dissolved in Romford. This figure is 9.8% lower than last year, which compares well to the UK wide change of -8.6%.
The highest total for a first half year in Romford occurred in 2009 when a total of 700 were closed.
Half Year (Jan-Jun) Romford UK 2011 333 162,310 2010 369 177,631 % change -9.8% -8.6% Record Year 2009 (700) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 152 companies were dissolved in Romford during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 24.8% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Romford UK 2011 152 71,324 2010 202 94,954 % change -24.8% -24.9% Record Year 2009 (465) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 35 71 46 Closed companies in 2010 49 74 79 % change -28.6% -4.1% -42% Record Year 2009 (155) 2009 (209) 2009 (101)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Romford increased by 248 companies.
Half Year (Jan-Jun) Romford UK 2011 248 66,425 2010 150 26,118 Record Year 2007 (353) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Romford during the second quarter of 2011 (Apr 2011 - Jun 2011) was 125 companies.
second quarter (Apr 2011 - Jun 2011) Romford UK 2011 125 41,020 2010 64 3,658 Record Year 2008 (170) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 42 31 52 Net growth in 2010 48 0 16 Record Year 2007 (81) 2008 (47) 2008 (64)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Romford formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.
Half Year (Jan-Jun) Romford 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Romford formed 0.2% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Romford 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.2% 0.3% 0.2% UK formation share in 2010 0.3% 0.2% 0.3% % change -23.2% 8.6% -8.6% Record Year 1960 (0.5%) 1962 (0.8%) 1965 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 40.4.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 39.3.
The percentage of directors under the age of 25 was 7.4% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Romford was 1861 when 40.0% of all directors were female.
25.9% of all director appointments in Romford in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Romford was in 1866 when 66.7% of all directors were female.
25.5% of all director appointments in Romford in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.52% CONSULTING 5.09% MANAGEMENT 1.00% MANAGEMENT 4.86% LONDON 0.88% CONSULTANCY 3.17% CONSULTANCY 0.82% PROPERTY 2.43% J 0.82% TRADING 2.05% M 0.76% DESIGN 1.94% CARE 0.76% ASSOCIATES 1.92% CONSTRUCTION 0.70% BUSINESS 1.87% ELECTRICAL 0.64% CONSTRUCTION 1.77% ESSEX 0.64% CONSULTANTS 1.76% SECURITY 0.64% MEDIA 1.73% INVESTMENT 0.59% ENGINEERING 1.67% S 0.59% LONDON 1.60% GLOBAL 0.53% GLOBAL 1.46% DESIGN 0.53% J 1.44% BUSINESS 0.53% CARE 1.44% PROPERTY 0.47% INVESTMENTS 1.42% HOUSE 0.47% IT 1.39% HEALTHCARE 0.47% BUILDING 1.32% IT 0.47% PROPERTIES 1.31% SOCIAL 0.41% ELECTRICAL 1.30% I 0.41% M 1.27% HOME 0.41% S 1.23% R 0.41% ENTERPRISES 1.20% K 0.41% SYSTEMS 1.20%
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 557 202,072 7487 - Other business activities 123 60,758 82990 - Other business support service activities not elsewhere classified 49 30,647 99999 - Dormant Company 37 18,918 9999 - Dormant Company 30 20,111 96090 - Other service activities not elsewhere classified 29 10,322 7499 - Non-trading company 27 10,955 9305 - Other service activities 26 9,063 7260 - Other computer related activities 25 7,849 86900 - Other human health activities 25 4,154 70229 - Management consultancy activities other than financial management 24 16,419 4521 - General construction & civil engineering 23 5,928 62020 - Information technology consultancy activities 22 10,545 74990 - Non-trading company 21 8,481 62090 - Other information technology service activities 21 7,095 7222 - Other software consultancy and supply 21 7,143 7414 - Business & management consultancy 20 13,053 43210 - Electrical installation 17 3,085 43999 - Other specialised construction activities not elsewhere classified 16 3,050 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,835
Recent Companies
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Randomly selected companies from this quarter
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