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Romford, Essex

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Romford when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Romford when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Romford when compared to any previous Q2.
  • May 2012 saw a new record in company registrations in Romford when compared to any previous May.
  • April 2012 saw a new record in company registrations in Romford when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Romford when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Romford when compared to any half year in history.

    In the first half of 2012 a total of 639 companies were formed in Romford. This figure is 10.0% higher than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Romford occurred in 2012 when a total of 639 were formed.

    Half Year (Jan-Jun)RomfordUK
    2012639253,150
    2011581228,735
    % change10.0%10.7%
    Record Year2012 (639)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Romford when compared to any previous Q2.

    A total of 315 companies were registered in Romford during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 13.7% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)RomfordUK
    2012315121,659
    2011277112,344
    % change13.7%8.3%
    Record Year 2012 (315) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 201211610396
    New companies in 20117710298
    % change50.6%1.0%-2.0%
    Record Year2012 (116)2012 (103)2011 (98)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 340 companies were dissolved in Romford. This figure is 2.1% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Romford occurred in 2009 when a total of 700 were closed.

    Half Year (Jan-Jun)RomfordUK
    2012340147,793
    2011333162,310
    % change2.1%-8.9%
    Record Year2009 (700)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 192 companies were dissolved in Romford during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 26.3% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)RomfordUK
    201219280,218
    201115271,324
    % change26.3%12.5%
    Record Year 2009 (465) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012537960
    Closed companies in 2011357146
    % change51.4%11.3%30%
    Record Year2009 (155)2009 (209)2009 (101)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Romford increased by 299 companies.

    Half Year (Jan-Jun)RomfordUK
    2012299105,357
    201124866,425
    Record Year2007 (353)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Romford during the second quarter of 2012 (Apr 2012 - Jun 2012) was 123 companies.

    second quarter (Apr 2012 - Jun 2012)RomfordUK
    201212341,441
    201112541,020
    Record Year 2008 (170) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012632436
    Net growth in 2011423152
    Record Year2007 (81)2008 (47)2008 (64)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Romford formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.

    Half Year (Jan-Jun)Romford
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Romford formed 0.3% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Romford
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.3%0.2%0.3%
    UK formation share in 20110.2%0.3%0.2%
    % change26.8%-11.5%4.6%
    Record Year1960 (0.5%)1962 (0.8%)1965 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 39.8.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 40.1.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    26.6% of all director appointments in Romford in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Romford was in 1866 when 57.1% of all directors were female.

    28.8% of all director appointments in Romford in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.40%CONSULTING5.07%
    MANAGEMENT1.23%MANAGEMENT4.74%
    BUILDING1.01%CONSULTANCY3.28%
    CONSTRUCTION0.95%PROPERTY2.35%
    CONSULTING0.89%TRADING2.10%
    TRADING0.84%DESIGN1.89%
    LONDON0.84%ENGINEERING1.87%
    CONSULTANTS0.78%ASSOCIATES1.82%
    SECURITY0.73%CONSULTANTS1.78%
    PROPERTY0.73%CONSTRUCTION1.71%
    MAINTENANCE0.67%BUSINESS1.70%
    ELECTRICAL0.56%MEDIA1.69%
    TRAINING0.56%LONDON1.68%
    CO0.56%J1.57%
    INVESTMENTS0.56%GLOBAL1.51%
    MEDICAL0.50%INVESTMENTS1.48%
    CLEANING0.50%IT1.42%
    CARE0.50%CARE1.31%
    ASSOCIATES0.50%PROPERTIES1.31%
    IT0.50%M1.26%
    EVENTS0.45%ELECTRICAL1.23%
    GLOBAL0.45%BUILDING1.23%
    R0.45%SECURITY1.19%
    MEDIA0.45%S1.18%
    ENGINEERING0.45%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied617244,457
    7487 - Other business activities9847,029
    99999 - Dormant Company6826,088
    82990 - Other business support service activities not elsewhere classified5735,447
    96090 - Other service activities not elsewhere classified4314,220
    62020 - Information technology consultancy activities4215,280
    70229 - Management consultancy activities other than financial management3320,390
    7260 - Other computer related activities296,456
    62090 - Other information technology service activities268,258
    9999 - Dormant Company2616,469
    7499 - Non-trading company248,023
    74990 - Non-trading company249,706
    74909 - Other professional, scientific and technical activities not elsewhere classified2310,271
    7222 - Other software consultancy and supply236,356
    9305 - Other service activities227,926
    86900 - Other human health activities215,222
    43210 - Electrical installation193,557
    4521 - General construction & civil engineering184,644
    41100 - Development of building projects185,149
    43999 - Other specialised construction activities not elsewhere classified164,091

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08052229 BRYNNER INDUSTRIES LIMITED 01 May 2012
    08056441 M & L O'KEEFE LTD 03 May 2012
    08064608 ABBOTS FINE WINE PORTFOLIO MANAGERS LIMITED 10 May 2012
    08083374 SAURUM LIMITED 25 May 2012
    08084690 HI-RAIL CONSTRUCTION LTD 28 May 2012
    08085714 CHARMON BUILDING & MAINTENANCE LTD 28 May 2012
    08075559 IT & LEISURE LTD 18 May 2012
    08076418 WISESTEP SPECIALISTS LIMITED 21 May 2012
    08077655 MIA-NELI LTD 22 May 2012
    08077763 ALEX-1912 LTD 22 May 2012
    08091238 DREAMY TALES LIMITED 31 May 2012
    08053186 WENTWORTH BROOKES LTD 01 May 2012
    08055188 EDGE TECHNICAL SOLUTIONS LTD 02 May 2012
    08069691 WORXTATION LIMITED 15 May 2012
    08053409 AT BUILDERS & CO LIMITED 01 May 2012
    08056979 DIFFERENT (UK) LTD 03 May 2012
    08058315 AEB RAIL & ENGINEERING SERVICES LTD 04 May 2012
    08066764 A A BUILDING SOLUTIONS LIMITED 11 May 2012
    08072594 FLAIR SOLUTION LTD 17 May 2012
    08076408 ILL IT SOLUTIONS LIMITED 21 May 2012
    08081057 THE FUNCTION HALL LIMITED 24 May 2012
    08090608 DAA BROOKSON SURE SOLUTIONS LTD 31 May 2012
    08075643 LMAC ENGINEERING LTD 18 May 2012
    08076063 A.R.E.A. MEDIA LIMITED 21 May 2012
    08084531 P.N.N MEDICAL LTD 25 May 2012