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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

  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. 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.

    YearRomfordUK
    20111,136452,870
    20101,011400,358
    2009817362,675
    2008876349,203
    20071,057457,649
    Record Year2011 (1,136)2007 (457,649)
    New Companies by Year
  2. 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)RomfordUK
    2011555224,135
    2010492196,609
    % change12.8%14.0%
    Record Year2011 (555)2011 (224,135)
    New Companies by Half Year
  3. 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)RomfordUK
    2011253109,623
    201024595,117
    % change3.3%15.3%
    Record Year 2011 (253) 2011 (109,623)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2011919270
    New companies in 2010908174
    % change1.1%13.6%-5.4%
    Record Year2007 (93)2011 (92)2010 (74)

Closed Companies (dissolved)

  1. 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.

    YearRomfordUK
    2011656314,523
    2010781342,232
    20091,220533,773
    2008417237,901
    2007530220,295
    Record Year2009 (1,220)2009 (533,773)
    Dissolved Companies by Year
  2. 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)RomfordUK
    2011323152,213
    2010412164,601
    % change-21.6%-7.5%
    Record Year2009 (520)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)RomfordUK
    201116879,983
    201017976,896
    % change-6.1%4.0%
    Record Year 2009 (244) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011406266
    Closed companies in 2010558539
    % change-27.3%-27.1%69%
    Record Year2009 (84)2010 (85)2009 (98)

Net Company Growth

  1. 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.

    YearRomfordUK
    2011480138,347
    201023058,126
    2009-403-171,098
    2008459111,302
    2007527237,354
    Record Year2007 (527)2003 (242,543)
    Net Growth by Year
  2. 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)RomfordUK
    201123271,922
    20108032,008
    Record Year2003 (235)2003 (117,772)
    Net Growth by Half Year
  3. 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)RomfordUK
    20118529,640
    20106618,221
    Record Year 2003 (115) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201151304
    Net growth in 201035-435
    Record Year2003 (63)2006 (38)2010 (35)

UK Company Share

  1. 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.

    YearRomford
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    Record Year (since 1960)1962 (0.3%)
    Company Share by Year
  2. 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
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    20070.3%
    Record Year (since 1960) 1972 (0.3%)
    Company Share by Half Year
  3. 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
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    20070.3%
    Record Year (since 1960) 1972 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.2%0.2%0.2%
    UK formation share in 20100.3%0.2%0.3%
    % change-12.1%-3.2%-16.1%
    Record Year1971 (0.6%)1960 (0.6%)1968 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.24%CONSULTING5.07%
    MANAGEMENT1.24%MANAGEMENT4.74%
    CONSULTANCY0.95%CONSULTANCY3.26%
    LONDON0.90%PROPERTY2.37%
    SECURITY0.79%TRADING2.07%
    CONSTRUCTION0.73%DESIGN1.92%
    ESSEX0.62%ASSOCIATES1.86%
    J0.56%ENGINEERING1.78%
    S0.56%BUSINESS1.78%
    INVESTMENT0.56%CONSULTANTS1.76%
    TRADING0.56%CONSTRUCTION1.73%
    HOME0.51%MEDIA1.71%
    CONSULTANTS0.51%LONDON1.63%
    PROPERTY0.51%J1.51%
    CARE0.51%INVESTMENTS1.48%
    ENTERPRISES0.45%GLOBAL1.46%
    MEDIA0.45%IT1.41%
    EVENTS0.45%CARE1.39%
    DESIGN0.45%PROPERTIES1.29%
    IT0.45%ELECTRICAL1.29%
    ELITE0.39%M1.27%
    ELECTRICAL0.39%BUILDING1.26%
    ENGINEERING0.39%ENERGY1.25%
    CO0.39%S1.20%
    GLOBAL0.39%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied537205,525
    7487 - Other business activities11457,052
    82990 - Other business support service activities not elsewhere classified5532,483
    99999 - Dormant Company5421,846
    62020 - Information technology consultancy activities3412,072
    7260 - Other computer related activities327,667
    96090 - Other service activities not elsewhere classified3211,768
    9999 - Dormant Company2920,199
    7499 - Non-trading company289,957
    70229 - Management consultancy activities other than financial management2717,765
    7222 - Other software consultancy and supply267,398
    9305 - Other service activities269,492
    86900 - Other human health activities264,457
    74990 - Non-trading company258,929
    7414 - Business & management consultancy1913,034
    62090 - Other information technology service activities187,493
    4521 - General construction & civil engineering185,558
    43210 - Electrical installation163,175
    74909 - Other professional, scientific and technical activities not elsewhere classified168,671
    5530 - Restaurants155,013

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07799491 LOVESTRUCK NETWORK LTD 06 Oct 2011
    07800400 J CONVENIENCE STORE LTD 06 Oct 2011
    07805410 FARAFIELD LTD 11 Oct 2011
    07818011 AFG AUTOMOTIVE CONSULTANCY LTD. 20 Oct 2011
    07818625 SOLID FUEL WOOD PELLETS LIMITED 21 Oct 2011
    07797546 COMAXPO LIMITED 05 Oct 2011
    07803758 LAWYERSPLUS LIMITED 10 Oct 2011
    07796055 CMSK LTD 04 Oct 2011
    07800647 BARAKAH ROMFORD LIMITED 06 Oct 2011
    07805301 MTD GROUP OF COMPANIES LIMITED 11 Oct 2011
    07816209 PLANT & STAGE CREW SERVICES LIMITED 19 Oct 2011
    07796623 ONLY SMASH HITS LTD 04 Oct 2011
    07806440 RUXANDA MEDCARE LIMITED 12 Oct 2011
    07813327 KADRIA LTD 18 Oct 2011
    07814703 BLACK BUSINESSES ONLINE LIMITED 18 Oct 2011
    07817897 KAIRA GLOBAL LTD 20 Oct 2011
    07819362 ENTERPRISE CONNECTIONS LIMITED 21 Oct 2011
    07819988 FUNMI MOJACOB LTD 24 Oct 2011
    07803046 A1 BABERING & SALON LTD 10 Oct 2011
    07811468 LUXURY STATION LIMITED 17 Oct 2011
    07816217 GEMMA JAYNE COLLECTION LTD 19 Oct 2011
    07818048 ADEELA LIMITED 20 Oct 2011
    07821631 WILLIAM ARNOLD LTD 25 Oct 2011
    07824506 HUDSON RESEARCH LIMITED 26 Oct 2011
    07827179 TOPAZ CLAIMS LTD 28 Oct 2011