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Romford, Essex

Q3 2011 Business Confidence Report

Headlines

  • Q3 2011 saw a new record in company registrations in Romford when compared to any previous Q3.
  • September 2011 saw a new record in company registrations in Romford when compared to any previous September.
  • July 2011 saw a new record in company registrations in Romford when compared to any previous July.
  • Q3 2011 saw a new record in net growth in Romford when compared to any previous Q3.
  • September 2011 saw a new record in net growth in Romford when compared to any previous September.

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 2011)

    Q3 2011 saw a new record in company registrations in Romford when compared to any previous Q3.

    A total of 302 companies were registered in Romford during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 22.3% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)RomfordUK
    2011302114,512
    2010247101,492
    % change22.3%12.8%
    Record Year 2011 (302) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    September 2011 saw a new record in company registrations in Romford when compared to any previous September.

    July 2011 saw a new record in company registrations in Romford when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 201111685101
    New companies in 2010759082
    % change54.7%-5.6%23.2%
    Record Year2011 (116)2010 (90)2011 (101)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 155 companies were dissolved in Romford during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 33.5% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)RomfordUK
    201115572,230
    201023387,705
    % change-33.5%-17.6%
    Record Year 2009 (276) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011515648
    Closed companies in 20107110161
    % change-28.2%-44.6%-21%
    Record Year2007 (74)2008 (104)2009 (120)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Q3 2011 saw a new record in net growth in Romford when compared to any previous Q3.

    Net company growth for Romford during the third quarter of 2011 (Jul 2011 - Sep 2011) was 147 companies.

    third quarter (Jul 2011 - Sep 2011)RomfordUK
    201114742,282
    20101413,787
    Record Year 2011 (147) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    September 2011 saw a new record in net growth in Romford when compared to any previous September.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2011652953
    Net growth in 20104-1121
    Record Year2008 (87)2007 (34)2011 (53)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

    In the third quarter of 2011, Romford formed 0.3% of all UK companies.

    third quarter (Jul 2011 - Sep 2011)Romford
    20110.3%
    20100.2%
    20090.2%
    20080.3%
    20070.3%
    Record Year (since 1960) 1978 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.3%0.2%0.3%
    UK formation share in 20100.2%0.3%0.2%
    % change41.5%-20.5%11.2%
    Record Year1960 (0.6%)1977 (0.4%)1972 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 41.6.

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The record third quarter for female directors in Romford was in 1862 when 50.0% of all directors were female.

    29.1% of all director appointments in Romford in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.42%CONSULTING5.11%
    CONSULTING1.30%MANAGEMENT4.75%
    LONDON1.02%CONSULTANCY3.19%
    CONSULTANCY0.91%PROPERTY2.41%
    CARE0.85%TRADING2.06%
    SECURITY0.79%DESIGN1.94%
    ESSEX0.68%ASSOCIATES1.85%
    INVESTMENT0.68%BUSINESS1.82%
    CONSULTANTS0.62%CONSULTANTS1.76%
    CONSTRUCTION0.62%ENGINEERING1.74%
    J0.57%MEDIA1.72%
    BUSINESS0.57%CONSTRUCTION1.72%
    ENGINEERING0.51%LONDON1.63%
    SOCIAL0.51%J1.47%
    DESIGN0.51%GLOBAL1.46%
    I0.45%INVESTMENTS1.43%
    PROPERTY0.45%CARE1.42%
    ENTERPRISES0.45%IT1.38%
    HOME0.45%BUILDING1.30%
    ELECTRICAL0.45%PROPERTIES1.28%
    ASSOCIATES0.45%ELECTRICAL1.27%
    S0.45%M1.25%
    HEALTHCARE0.45%ENERGY1.22%
    M0.45%TRAINING1.21%
    CLEANING0.40%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied544204,493
    7487 - Other business activities12965,177
    82990 - Other business support service activities not elsewhere classified4629,245
    7260 - Other computer related activities368,686
    99999 - Dormant Company3618,281
    9999 - Dormant Company3322,587
    7499 - Non-trading company3011,543
    9305 - Other service activities3010,525
    96090 - Other service activities not elsewhere classified2910,018
    7222 - Other software consultancy and supply288,345
    86900 - Other human health activities244,019
    4521 - General construction & civil engineering236,321
    70229 - Management consultancy activities other than financial management2315,760
    62020 - Information technology consultancy activities2110,137
    62090 - Other information technology service activities196,798
    74990 - Non-trading company198,064
    7414 - Business & management consultancy1814,755
    43210 - Electrical installation172,938
    5530 - Restaurants165,640
    43999 - Other specialised construction activities not elsewhere classified152,917

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07691378 VICTANN LTD 04 Jul 2011
    07700199 SERUGO ENTERPRISES LTD 11 Jul 2011
    07715048 C&C TRADE LIMITED 22 Jul 2011
    07715349 K & A DELIGHT LIMITED 22 Jul 2011
    07722301 MIKE FISHER ORGANISATION LIMITED 29 Jul 2011
    07693890 OLAGOROYE LIMITED 05 Jul 2011
    07696327 CHELSEA CONSULTANTS LIMITED 07 Jul 2011
    07699331 THE REPTILE RESCUE CENTRE LTD 11 Jul 2011
    07701936 TALL PINES CLOSE MANAGEMENT LIMITED 12 Jul 2011
    07714290 JPD MANAGEMENT LIMITED 21 Jul 2011
    07720251 AITRAN LTD 27 Jul 2011
    07701185 CRWHITES LIMITED 12 Jul 2011
    07690850 KTICIC DESIGN AND BUILD LTD 04 Jul 2011
    07691680 AME TRADING LTD 04 Jul 2011
    07695834 ACCER LIMITED 06 Jul 2011
    07698113 JOOL ASSOCIATE LTD 08 Jul 2011
    07701267 KRITA LTD 12 Jul 2011
    07701777 LUVLY BUBBLY LIMITED 12 Jul 2011
    07706350 MA RESOURCING LIMITED 15 Jul 2011
    07708449 AMANDA ANDREWS CONSULTANCY LIMITED 18 Jul 2011
    07712854 APTECH LIMITED 20 Jul 2011
    07716455 AYUSH & ARYA LIMITED 25 Jul 2011
    07717889 PCW INVESTMENT MANAGEMENT LIMITED 26 Jul 2011
    07723205 GOATCHER CHANDLER AUDIT LIMITED 29 Jul 2011
    07723212 VAYA CON DIOS COMMUNITY INTEREST COMPANY 29 Jul 2011