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Romford, Essex

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Romford when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.
  • March 2012 saw a new record in company registrations in Romford when compared to any previous March.
  • March 2012 was a record month for company registrations in Romford when compared to any month in history.
  • January 2012 saw a new record in company registrations in Romford when compared to any previous January.
  • January 2012 saw a new record in net growth in Romford when compared to any previous January.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Romford when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.

    A total of 324 companies were registered in Romford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 6.6% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)RomfordUK
    2012324131,491
    2011304116,391
    % change6.6%13.0%
    Record Year 2012 (324) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in company registrations in Romford when compared to any previous March.

    March 2012 was a record month for company registrations in Romford when compared to any month in history.

    January 2012 saw a new record in company registrations in Romford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201211876130
    New companies in 20119295117
    % change28.3%-20.0%11.1%
    Record Year2012 (118)2007 (102)2012 (130)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 148 companies were dissolved in Romford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 18.2% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)RomfordUK
    201214867,576
    201118190,987
    % change-18.2%-25.7%
    Record Year 2009 (235) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012455053
    Closed companies in 2011734860
    % change-38.4%4.2%-12%
    Record Year2011 (73)2008 (65)2009 (164)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Romford during the first quarter of 2012 (Jan 2012 - Mar 2012) was 176 companies.

    first quarter (Jan 2012 - Mar 2012)RomfordUK
    201217663,915
    201112325,404
    Record Year 2007 (206) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in net growth in Romford when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012732677
    Net growth in 2011194757
    Record Year2012 (73)2007 (79)2008 (81)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Romford formed 0.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Romford
    20120.2%
    20110.3%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.3%0.2%0.3%
    UK formation share in 20110.3%0.3%0.3%
    % change10.0%-31.6%3.9%
    Record Year1967 (0.7%)1960 (0.4%)1979 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 39.6.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Romford was in 1861 when 40.0% of all directors were female.

    26.2% of all director appointments in Romford in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.36%CONSULTING5.07%
    MANAGEMENT1.24%MANAGEMENT4.74%
    CONSULTANCY1.07%CONSULTANCY3.30%
    LONDON0.90%PROPERTY2.37%
    CONSTRUCTION0.90%TRADING2.07%
    PROPERTY0.85%DESIGN1.93%
    CONSULTANTS0.68%ENGINEERING1.86%
    TRADING0.62%ASSOCIATES1.84%
    SECURITY0.62%CONSULTANTS1.79%
    ESSEX0.62%BUSINESS1.73%
    ASSOCIATES0.57%MEDIA1.72%
    ELECTRICAL0.57%CONSTRUCTION1.72%
    MAINTENANCE0.57%LONDON1.66%
    BUILDING0.57%J1.54%
    GLOBAL0.51%INVESTMENTS1.51%
    INVESTMENTS0.51%GLOBAL1.50%
    J0.45%IT1.40%
    PLUMBING0.45%CARE1.34%
    EVENTS0.45%PROPERTIES1.31%
    MEDIA0.45%ELECTRICAL1.27%
    CO0.45%M1.27%
    CLEANING0.45%BUILDING1.24%
    S0.45%ENERGY1.20%
    HOUSE0.40%S1.20%
    TRAINING0.40%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied543216,665
    7487 - Other business activities10852,735
    99999 - Dormant Company6925,084
    82990 - Other business support service activities not elsewhere classified5935,233
    96090 - Other service activities not elsewhere classified4013,637
    62020 - Information technology consultancy activities3714,303
    7260 - Other computer related activities307,154
    70229 - Management consultancy activities other than financial management2819,704
    9999 - Dormant Company2718,617
    7499 - Non-trading company279,102
    74990 - Non-trading company279,729
    86900 - Other human health activities265,066
    7222 - Other software consultancy and supply246,934
    9305 - Other service activities238,818
    62090 - Other information technology service activities218,145
    74909 - Other professional, scientific and technical activities not elsewhere classified209,892
    4521 - General construction & civil engineering185,169
    7414 - Business & management consultancy1712,113
    43210 - Electrical installation173,573
    43999 - Other specialised construction activities not elsewhere classified173,931

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07896601 HAREFIELD MANOR HOTEL & RESTAURANT LTD 04 Jan 2012
    07897888 V2 FASHION LTD 05 Jan 2012
    07902797 SMART SHAN LIMITED 09 Jan 2012
    07911780 STUD-HAWK INTELLECTUAL PROPERTY LIMITED 16 Jan 2012
    07917839 ALLVERT LIMITED 20 Jan 2012
    07920406 A&D BUILDING SERVICES LTD 23 Jan 2012
    07921261 MILEMEAD LIMITED 24 Jan 2012
    07925840 J & N ELECTRICAL AND MAINTENANCE SERVICES LIMITED 26 Jan 2012
    07926609 THE TRAVEL GUY LTD 27 Jan 2012
    07928300 COX & CO MECHANICAL SERVICES LTD 30 Jan 2012
    07906281 TEEM TRADE LTD 11 Jan 2012
    07910525 PAUL SMITH (UK) LIMITED 16 Jan 2012
    07912925 SALT HEALING LIMITED 17 Jan 2012
    07920921 TWS (ESSEX) LIMITED 24 Jan 2012
    07922121 TM PARTNERS LIMITED 24 Jan 2012
    07927023 GEAX SOLUTIONS LTD 27 Jan 2012
    07898033 GRUB-ON-THE-GO LIMITED 05 Jan 2012
    07904331 HARWOOD BUILDING SERVICES LIMITED 10 Jan 2012
    07910158 HUFFANDPUFF LTD 16 Jan 2012
    07917570 DEMI DANIELS LIMITED 20 Jan 2012
    07905043 RELLAMAX LTD 11 Jan 2012
    07900773 TEAFIELDS LTD 06 Jan 2012
    07901700 PEARL BASIC LIMITED 09 Jan 2012
    07908405 SSONE CONSULTING LTD 13 Jan 2012
    07898080 ACM NETWORKS LTD 05 Jan 2012