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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
    08014995 EVER TASTY LIMITED 02 Apr 2012
    08024402 ZETEZ LTD. 10 Apr 2012
    08041697 RNR SOLAR LIMITED 23 Apr 2012
    08043769 CRT CLEANING & SUPPORT SERVICES LTD 24 Apr 2012
    08023210 PARKER FM LIMITED 10 Apr 2012
    08033272 ARTISAN FACILITIES MANAGEMENT LTD 17 Apr 2012
    08035513 ONLINEAPOSTILLE LTD 18 Apr 2012
    08042712 NELGAN LIMITED 24 Apr 2012
    08045491 ALEX ELECTRICAL CONTRACTS LIMITED 25 Apr 2012
    08046555 SYSTEMS HYDROPONICS LTD 26 Apr 2012
    08028649 COMMUNITY LEARNING AND SOCIAL SKILLS LTD 12 Apr 2012
    08021777 REEM WHEELS LTD 05 Apr 2012
    08028059 EDYFLORIN LTD 12 Apr 2012
    08047978 REMORA WASTE SOLUTIONS LTD. 26 Apr 2012
    08016426 VISNEG LTD 02 Apr 2012
    08023829 ISLEWORTH INVESTMENTS LIMITED 10 Apr 2012
    08025795 R JENKINS TRADING COMPANY LTD 11 Apr 2012
    08026391 VICTORIA GODFREY LTD 11 Apr 2012
    08032789 URDU CLUB 17 Apr 2012
    08043384 BUILDING WORLD LTD 24 Apr 2012
    08045395 HOMESTYLE HEALTH SYSTEMS LTD. 25 Apr 2012
    08045472 GOATCHER CHANDLER LIMITED 25 Apr 2012
    08050735 CHOCOGRAPHY LTD 30 Apr 2012
    08051299 FLOOR2BATH LIMITED 30 Apr 2012
    08051638 AL-HUDA PRIME TUTORS LIMITED 30 Apr 2012