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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
    07724767 BESTBRANDS (UK) LIMITED 01 Aug 2011
    07727604 PRO SKILLS TRAINING AND DEVELOPMENT SERVICES UK LIMITED 03 Aug 2011
    07730385 SWIFT WING ASSOCIATES LTD 05 Aug 2011
    07731351 KAYKAY TECHNOLOGY SERVICES LIMITED 05 Aug 2011
    07745507 WAPPLER PLUMBING & HEATING SERVICES LIMITED 18 Aug 2011
    07745798 RIVAL PRINT MANAGEMENT LIMITED 18 Aug 2011
    07756657 FRESHUNI.COM LTD 30 Aug 2011
    07724171 ISURVEYOR LTD 01 Aug 2011
    07727254 ABSOLUTE (UK) CONTRACTS LIMITED 03 Aug 2011
    07748717 I.C. ENGINEERING CONSULTANTS LTD 22 Aug 2011
    07749620 ASPEN HOME IMPROVEMENTS LTD 23 Aug 2011
    07756269 MANSFIELD TRUST LTD 30 Aug 2011
    07724105 HIDDEN TREASURES LIMITED 01 Aug 2011
    07724635 MARINERGY LTD 01 Aug 2011
    07753159 AV-IT TRANSPORT LIMITED 25 Aug 2011
    07756478 PRIMO HEALTHCARE LTD 30 Aug 2011
    07732547 THE EXQUISITE CUPCAKE COMPANY LTD 08 Aug 2011
    07734261 SSS & CO. LIMITED 09 Aug 2011
    07752679 BEDDING ZONE LIMITED 25 Aug 2011
    07755537 P2P CONNECT LIMITED 30 Aug 2011
    07757819 RMP PROJECT LTD 31 Aug 2011
    07757934 SL.OVER LIMITED 31 Aug 2011
    07728448 DJCHEESYKEITH LTD 03 Aug 2011
    07729968 CROWN CRYSTAL WATER & BEAVERAGES (UG) LTD 04 Aug 2011
    07730039 SUHANYA LIMITED 05 Aug 2011