
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
New Company Registrations
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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) Romford UK 2012 324 131,491 2011 304 116,391 % change 6.6% 13.0% Record Year 2012 (324) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 118 76 130 New companies in 2011 92 95 117 % change 28.3% -20.0% 11.1% Record Year 2012 (118) 2007 (102) 2012 (130)
Closed Companies (dissolved)
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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) Romford UK 2012 148 67,576 2011 181 90,987 % change -18.2% -25.7% Record Year 2009 (235) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 45 50 53 Closed companies in 2011 73 48 60 % change -38.4% 4.2% -12% Record Year 2011 (73) 2008 (65) 2009 (164)
Net Company Growth
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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) Romford UK 2012 176 63,915 2011 123 25,404 Record Year 2007 (206) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2012 73 26 77 Net growth in 2011 19 47 57 Record Year 2012 (73) 2007 (79) 2008 (81)
UK Company Share
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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 2012 0.2% 2011 0.3% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.3% 0.2% 0.3% UK formation share in 2011 0.3% 0.3% 0.3% % change 10.0% -31.6% 3.9% Record Year 1967 (0.7%) 1960 (0.4%) 1979 (0.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.36% CONSULTING 5.07% MANAGEMENT 1.24% MANAGEMENT 4.74% CONSULTANCY 1.07% CONSULTANCY 3.30% LONDON 0.90% PROPERTY 2.37% CONSTRUCTION 0.90% TRADING 2.07% PROPERTY 0.85% DESIGN 1.93% CONSULTANTS 0.68% ENGINEERING 1.86% TRADING 0.62% ASSOCIATES 1.84% SECURITY 0.62% CONSULTANTS 1.79% ESSEX 0.62% BUSINESS 1.73% ASSOCIATES 0.57% MEDIA 1.72% ELECTRICAL 0.57% CONSTRUCTION 1.72% MAINTENANCE 0.57% LONDON 1.66% BUILDING 0.57% J 1.54% GLOBAL 0.51% INVESTMENTS 1.51% INVESTMENTS 0.51% GLOBAL 1.50% J 0.45% IT 1.40% PLUMBING 0.45% CARE 1.34% EVENTS 0.45% PROPERTIES 1.31% MEDIA 0.45% ELECTRICAL 1.27% CO 0.45% M 1.27% CLEANING 0.45% BUILDING 1.24% S 0.45% ENERGY 1.20% HOUSE 0.40% S 1.20% TRAINING 0.40% ENTERPRISES 1.19%
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 543 216,665 7487 - Other business activities 108 52,735 99999 - Dormant Company 69 25,084 82990 - Other business support service activities not elsewhere classified 59 35,233 96090 - Other service activities not elsewhere classified 40 13,637 62020 - Information technology consultancy activities 37 14,303 7260 - Other computer related activities 30 7,154 70229 - Management consultancy activities other than financial management 28 19,704 9999 - Dormant Company 27 18,617 7499 - Non-trading company 27 9,102 74990 - Non-trading company 27 9,729 86900 - Other human health activities 26 5,066 7222 - Other software consultancy and supply 24 6,934 9305 - Other service activities 23 8,818 62090 - Other information technology service activities 21 8,145 74909 - Other professional, scientific and technical activities not elsewhere classified 20 9,892 4521 - General construction & civil engineering 18 5,169 7414 - Business & management consultancy 17 12,113 43210 - Electrical installation 17 3,573 43999 - Other specialised construction activities not elsewhere classified 17 3,931
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07973877 RAPID INTERIORS LIMITED 02 Mar 2012 07978891 SHILOZ CARE SERVICES LIMITED 06 Mar 2012 07994923 WICKS AND WAX LIMITED 19 Mar 2012 07997317 V&V CONSULTANTS LTD 20 Mar 2012 08000388 GNT CONSTRUCTION LIMITED 21 Mar 2012 08001026 STORECARE LIMITED 22 Mar 2012 08007528 TATTOO GUY LIMITED 27 Mar 2012 08012474 LAND MANAGEMENT FARMS LIMITED 29 Mar 2012 07976316 ALEXANDROS CONSULTANTS LTD 05 Mar 2012 07977428 CB7 CONSULTING LIMITED 06 Mar 2012 07990721 LGH SOLUTIONS LIMITED 14 Mar 2012 07991294 J BLYTH ASSOCIATES LTD 15 Mar 2012 07988038 CR8TIVE MOVEMENTS LIMITED 13 Mar 2012 07995424 BROOKSIDE MEDIA LIMITED 19 Mar 2012 08001279 STEWARTS PROPERTY MANAGEMENT LTD 22 Mar 2012 07987286 SAMYS CAR WASH LTD 12 Mar 2012 07989866 SWIFT FIRST AID TRAINING LTD 14 Mar 2012 07992686 BFF (UK) LIMITED 15 Mar 2012 07997844 CHINGFORD PREMIER CARS LTD 20 Mar 2012 08013413 KONY LTD 30 Mar 2012 07989147 KRISHNA GLOBAL ASSOCIATES LTD 13 Mar 2012 07989732 V CONNECT PHONES AND ACCESSORIES LIMITED 14 Mar 2012 07993504 INTLGEN UK LIMITED 16 Mar 2012 07997823 ASHVINIT LTD 20 Mar 2012 08001714 SHASHTEK LIMITED 22 Mar 2012
reports
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