Romford, Essex
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Romford when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Romford when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Romford when compared to any previous Q4.
- November 2011 saw a new record in company registrations in Romford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Romford when compared to any year in history.
A total of 1,136 companies were formed in Romford in 2011. This total is 12.4% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Romford UK 2011 1,136 452,870 2010 1,011 400,358 2009 817 362,675 2008 876 349,203 2007 1,057 457,649 Record Year 2011 (1,136) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Romford when compared to any previous second half year.
In the second half of 2011 a total of 555 companies were formed in Romford. This figure is 12.8% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Romford occurred in 2011 when a total of 555 were formed.
Half Year (Jul-Dec) Romford UK 2011 555 224,135 2010 492 196,609 % change 12.8% 14.0% Record Year 2011 (555) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Romford when compared to any previous Q4.
A total of 253 companies were registered in Romford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 3.3% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Romford UK 2011 253 109,623 2010 245 95,117 % change 3.3% 15.3% Record Year 2011 (253) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company registrations in Romford when compared to any previous November.
New Companies by Month
October November December New companies in 2011 91 92 70 New companies in 2010 90 81 74 % change 1.1% 13.6% -5.4% Record Year 2007 (93) 2011 (92) 2010 (74)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 656 companies were dissolved in Romford in 2011. This total is 16.0% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Romford UK 2011 656 314,523 2010 781 342,232 2009 1,220 533,773 2008 417 237,901 2007 530 220,295 Record Year 2009 (1,220) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 323 companies were dissolved in Romford. This figure is 21.6% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Romford occurred in 2009 when a total of 520 were closed.
Half Year (Jul-Dec) Romford UK 2011 323 152,213 2010 412 164,601 % change -21.6% -7.5% Record Year 2009 (520) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 168 companies were dissolved in Romford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 6.1% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Romford UK 2011 168 79,983 2010 179 76,896 % change -6.1% 4.0% Record Year 2009 (244) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 40 62 66 Closed companies in 2010 55 85 39 % change -27.3% -27.1% 69% Record Year 2009 (84) 2010 (85) 2009 (98)
Net Company Growth
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Annual Data (2011)
A total of 480 companies were added to the company register for Romford in 2011. This number represents growth of 47.5% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 250 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Romford company register grew by 527 companies.
Year Romford UK 2011 480 138,347 2010 230 58,126 2009 -403 -171,098 2008 459 111,302 2007 527 237,354 Record Year 2007 (527) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Romford increased by 232 companies.
Half Year (Jul-Dec) Romford UK 2011 232 71,922 2010 80 32,008 Record Year 2003 (235) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Romford during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 85 companies.
fourth quarter (Oct 2011 - Dec 2011) Romford UK 2011 85 29,640 2010 66 18,221 Record Year 2003 (115) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 51 30 4 Net growth in 2010 35 -4 35 Record Year 2003 (63) 2006 (38) 2010 (35)
UK Company Share
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Annual Data (2011)
In 2011 Romford formed 0.3% of all UK companies. This is no change on 2010 when Romford was responsible for 0.3% of all UK companies.
Year Romford 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% Record Year (since 1960) 1962 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Romford formed 0.2% of all UK companies. This is less than the 2010 figure of 0.3%.
Half Year (Jul-Dec) Romford 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.3% Record Year (since 1960) 1972 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Romford formed 0.2% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Romford 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.3% Record Year (since 1960) 1972 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.3% 0.2% 0.3% % change -12.1% -3.2% -16.1% Record Year 1971 (0.6%) 1960 (0.6%) 1968 (0.4%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 40.5.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 40.7.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 39.4.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Romford was 1857 when 36.4% of all directors were female.
The percentage of female directors in Romford in 2011 was 30.5%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Romford was 1860 when 42.9% of all directors were female.
27.1% of all director appointments in Romford in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Romford was in 1977 when 31.1% of all directors were female.
24.3% of all director appointments in Romford in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.24% CONSULTING 5.07% MANAGEMENT 1.24% MANAGEMENT 4.74% CONSULTANCY 0.95% CONSULTANCY 3.26% LONDON 0.90% PROPERTY 2.37% SECURITY 0.79% TRADING 2.07% CONSTRUCTION 0.73% DESIGN 1.92% ESSEX 0.62% ASSOCIATES 1.86% J 0.56% ENGINEERING 1.78% S 0.56% BUSINESS 1.78% INVESTMENT 0.56% CONSULTANTS 1.76% TRADING 0.56% CONSTRUCTION 1.73% HOME 0.51% MEDIA 1.71% CONSULTANTS 0.51% LONDON 1.63% PROPERTY 0.51% J 1.51% CARE 0.51% INVESTMENTS 1.48% ENTERPRISES 0.45% GLOBAL 1.46% MEDIA 0.45% IT 1.41% EVENTS 0.45% CARE 1.39% DESIGN 0.45% PROPERTIES 1.29% IT 0.45% ELECTRICAL 1.29% ELITE 0.39% M 1.27% ELECTRICAL 0.39% BUILDING 1.26% ENGINEERING 0.39% ENERGY 1.25% CO 0.39% S 1.20% GLOBAL 0.39% ENTERPRISES 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 537 205,525 7487 - Other business activities 114 57,052 82990 - Other business support service activities not elsewhere classified 55 32,483 99999 - Dormant Company 54 21,846 62020 - Information technology consultancy activities 34 12,072 7260 - Other computer related activities 32 7,667 96090 - Other service activities not elsewhere classified 32 11,768 9999 - Dormant Company 29 20,199 7499 - Non-trading company 28 9,957 70229 - Management consultancy activities other than financial management 27 17,765 7222 - Other software consultancy and supply 26 7,398 9305 - Other service activities 26 9,492 86900 - Other human health activities 26 4,457 74990 - Non-trading company 25 8,929 7414 - Business & management consultancy 19 13,034 62090 - Other information technology service activities 18 7,493 4521 - General construction & civil engineering 18 5,558 43210 - Electrical installation 16 3,175 74909 - Other professional, scientific and technical activities not elsewhere classified 16 8,671 5530 - Restaurants 15 5,013
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07849134 JESPAS CONSULTANCY LTD 16 Nov 2011 07852296 REDRIFF LIMITED 18 Nov 2011 07852686 HAVERING MINI CABS LTD 18 Nov 2011 07857937 LJH CONSTRUCTION LIMITED 23 Nov 2011 OC369624 W & J SOLICITORS LLP 09 Nov 2011 07830592 COMPELLO CONSULTING LIMITED 01 Nov 2011 07847680 CUSTOM GAS PUMPS LTD 15 Nov 2011 07857609 GRANT BLACK LIMITED 23 Nov 2011 07836547 APP4 LIMITED 07 Nov 2011 07842663 ENTERTAINMENT PLANET, R H LIMITED 10 Nov 2011 07844517 ADEPT INVESTIGATIONS LIMITED 11 Nov 2011 07846000 TROWSE CONSULTING LTD 14 Nov 2011 07843678 ESSEX KITCHEN MANIA LTD 11 Nov 2011 07853954 SURE SOUND LTD 21 Nov 2011 07855904 EXCEL HERB LTD 22 Nov 2011 07835061 KHAN MOBILE&ACCESSORIES LTD 04 Nov 2011 07835107 FLAVIA FASHIONS LTD 04 Nov 2011 07846128 TRUE MEASURE LIMITED 14 Nov 2011 07865645 TIMELABS LTD 30 Nov 2011 07830204 SCRUFFY TO FLUFFY MOBILE DOG GROOMING LIMITED 01 Nov 2011 07835937 STARS AP3 LIMITED 04 Nov 2011 07837745 CULLINGS CONSTRUCTION LTD 07 Nov 2011 07837769 TRAVEL INSTANT LTD 07 Nov 2011 07839093 INSTANT COMPANY GROUP (UK) LTD 08 Nov 2011 07855051 AKOSUA AND ADELE LIMITED 21 Nov 2011
reports
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