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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

  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. 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)RomfordUK
    2011581228,735
    2010519203,749
    % change11.9%12.3%
    Record Year2007 (594)2007 (279,097)
    New Companies by Half Year
  2. 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)RomfordUK
    2011277112,344
    201026698,612
    % change4.1%13.9%
    Record Year 2007 (277) 2011 (112,344)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 20117710298
    New companies in 2010977495
    % change-20.6%37.8%3.2%
    Record Year2007 (104)2011 (102)2011 (98)

Closed Companies (dissolved)

  1. 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)RomfordUK
    2011333162,310
    2010369177,631
    % change-9.8%-8.6%
    Record Year2009 (700)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)RomfordUK
    201115271,324
    201020294,954
    % change-24.8%-24.9%
    Record Year 2009 (465) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011357146
    Closed companies in 2010497479
    % change-28.6%-4.1%-42%
    Record Year2009 (155)2009 (209)2009 (101)

Net Company Growth

  1. 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)RomfordUK
    201124866,425
    201015026,118
    Record Year2007 (353)2007 (171,296)
    Net Growth by Half Year
  2. 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)RomfordUK
    201112541,020
    2010643,658
    Record Year 2008 (170) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011423152
    Net growth in 201048016
    Record Year2007 (81)2008 (47)2008 (64)

UK Company Share

  1. 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
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Half Year
  2. 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
    20110.2%
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.2%0.3%0.2%
    UK formation share in 20100.3%0.2%0.3%
    % change-23.2%8.6%-8.6%
    Record Year1960 (0.5%)1962 (0.8%)1965 (0.4%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.52%CONSULTING5.09%
    MANAGEMENT1.00%MANAGEMENT4.86%
    LONDON0.88%CONSULTANCY3.17%
    CONSULTANCY0.82%PROPERTY2.43%
    J0.82%TRADING2.05%
    M0.76%DESIGN1.94%
    CARE0.76%ASSOCIATES1.92%
    CONSTRUCTION0.70%BUSINESS1.87%
    ELECTRICAL0.64%CONSTRUCTION1.77%
    ESSEX0.64%CONSULTANTS1.76%
    SECURITY0.64%MEDIA1.73%
    INVESTMENT0.59%ENGINEERING1.67%
    S0.59%LONDON1.60%
    GLOBAL0.53%GLOBAL1.46%
    DESIGN0.53%J1.44%
    BUSINESS0.53%CARE1.44%
    PROPERTY0.47%INVESTMENTS1.42%
    HOUSE0.47%IT1.39%
    HEALTHCARE0.47%BUILDING1.32%
    IT0.47%PROPERTIES1.31%
    SOCIAL0.41%ELECTRICAL1.30%
    I0.41%M1.27%
    HOME0.41%S1.23%
    R0.41%ENTERPRISES1.20%
    K0.41%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied557202,072
    7487 - Other business activities12360,758
    82990 - Other business support service activities not elsewhere classified4930,647
    99999 - Dormant Company3718,918
    9999 - Dormant Company3020,111
    96090 - Other service activities not elsewhere classified2910,322
    7499 - Non-trading company2710,955
    9305 - Other service activities269,063
    7260 - Other computer related activities257,849
    86900 - Other human health activities254,154
    70229 - Management consultancy activities other than financial management2416,419
    4521 - General construction & civil engineering235,928
    62020 - Information technology consultancy activities2210,545
    74990 - Non-trading company218,481
    62090 - Other information technology service activities217,095
    7222 - Other software consultancy and supply217,143
    7414 - Business & management consultancy2013,053
    43210 - Electrical installation173,085
    43999 - Other specialised construction activities not elsewhere classified163,050
    74909 - Other professional, scientific and technical activities not elsewhere classified157,835

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07668359 QUICKASPHERE LIMITED 14 Jun 2011
    07671217 JOHN CLARK & SONS BUTCHERS LIMITED 15 Jun 2011
    07674102 ANDERSON CLARKE RECRUITMENT SOLUTIONS LTD 20 Jun 2011
    07682397 FRST CHOICE LTD 24 Jun 2011
    07682502 OSYAN SERVICES LTD 24 Jun 2011
    07654052 INNER STATION LTD 01 Jun 2011
    07672657 BEANI BAZAR WELFARE TRUST UK 16 Jun 2011
    07656107 GOLF TOUR OPERATORS CONSORTIUM LIMITED 02 Jun 2011
    07661722 GREENLIFE RECYCLING LTD 08 Jun 2011
    07667734 SASHES AND COVERS LIMITED 13 Jun 2011
    07667744 LOGICPOST LTD 13 Jun 2011
    07668536 LOW COST LUGGAGE LIMITED 14 Jun 2011
    07654510 DSTERLINGS & MONTANAGOZO LIMITED 01 Jun 2011
    07663947 ELLIS RAIL SOLUTIONS LIMITED 09 Jun 2011
    07664938 SALAR & CO LTD 10 Jun 2011
    07671681 HUANG'S FOOD AND BEVERAGE LIMITED 16 Jun 2011
    07672115 ORGANISED CRIME THEATRE COMPANY LTD 16 Jun 2011
    07673012 V&V FINANCE LIMITED 16 Jun 2011
    07677455 EARLY MORNING TUITION LTD 21 Jun 2011
    07686839 IQRA UNITED LIMITED 29 Jun 2011
    07666364 MAX P LTD 13 Jun 2011
    07670337 HELENLEWIS HOSTING COMPANY LTD 15 Jun 2011
    07684490 ROMVALLEY LIMITED 27 Jun 2011
    07685576 REAL BUSINESS SOLUTIONS AND SERVICES CONSULTING LTD 28 Jun 2011
    OC365609 MIDSUMMER HOUSE RESTAURANTS LLP 15 Jun 2011