Romford, Essex
Q3 2012 Business Confidence Report
Headlines
- Q3 2012 saw a new record in company registrations in Romford when compared to any previous Q3.
- Q3 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.
- September 2012 saw a new record in company registrations in Romford when compared to any previous September.
- August 2012 saw a new record in company registrations in Romford when compared to any previous August.
- July 2012 saw a new record in company closures in Romford when compared to any previous July.
- Q3 2012 saw a new record in net growth in Romford when compared to any previous Q3.
- September 2012 saw a new record in net growth in Romford when compared to any previous September.
- August 2012 saw a new record in net growth in Romford when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2012)
Q3 2012 saw a new record in company registrations in Romford when compared to any previous Q3.
Q3 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 346 companies were registered in Romford during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 14.6% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Romford UK 2012 346 118,868 2011 302 114,512 % change 14.6% 3.8% Record Year 2012 (346) 2012 (118,868) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
September 2012 saw a new record in company registrations in Romford when compared to any previous September.
August 2012 saw a new record in company registrations in Romford when compared to any previous August.
New Companies by Month
July August September New companies in 2012 111 112 123 New companies in 2011 116 85 101 % change -4.3% 31.8% 21.8% Record Year 2011 (116) 2012 (112) 2012 (123)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 198 companies were dissolved in Romford during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 27.7% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Romford UK 2012 198 74,772 2011 155 72,230 % change 27.7% 3.5% Record Year 2009 (276) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
July 2012 saw a new record in company closures in Romford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2012 76 60 62 Closed companies in 2011 51 56 48 % change 49.0% 7.1% 29% Record Year 2012 (76) 2008 (104) 2009 (120)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2012)
Q3 2012 saw a new record in net growth in Romford when compared to any previous Q3.
Net company growth for Romford during the third quarter of 2012 (Jul 2012 - Sep 2012) was 148 companies.
third quarter (Jul 2012 - Sep 2012) Romford UK 2012 148 44,096 2011 147 42,282 Record Year 2012 (148) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
September 2012 saw a new record in net growth in Romford when compared to any previous September.
August 2012 saw a new record in net growth in Romford when compared to any previous August.
Net Growth by Month
July August September Net growth in 2012 35 52 61 Net growth in 2011 65 29 53 Record Year 2008 (87) 2012 (52) 2012 (61)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2012)
In the third quarter of 2012, Romford formed 0.3% of all UK companies.
third quarter (Jul 2012 - Sep 2012) Romford 2012 0.3% 2011 0.3% 2010 0.2% 2009 0.2% 2008 0.3% Record Year (since 1960) 1978 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 0.3% 0.3% 0.3% UK formation share in 2011 0.3% 0.2% 0.3% % change -14.1% 32.8% 20.5% Record Year 1960 (0.6%) 1977 (0.4%) 1972 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2012)
The average age of a director in the third quarter of 2012 was 39.9.
The percentage of directors under the age of 25 was 7.8% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 1.2% compared to the UK figure of 3.2%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2012)
The record third quarter for female directors in Romford was in 1862 when 50.0% of all directors were female.
22.6% of all director appointments in Romford in the third quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.30% CONSULTING 5.05% CONSULTING 1.08% MANAGEMENT 4.75% CONSTRUCTION 1.03% CONSULTANCY 3.28% BUILDING 0.92% PROPERTY 2.35% PROPERTY 0.87% TRADING 2.08% TRADING 0.81% DESIGN 1.87% CARE 0.81% ASSOCIATES 1.84% LONDON 0.76% ENGINEERING 1.83% ELECTRICAL 0.76% CONSULTANTS 1.76% MANAGEMENT 0.76% BUSINESS 1.72% CLEANING 0.70% CONSTRUCTION 1.70% MAINTENANCE 0.65% MEDIA 1.67% GLOBAL 0.65% LONDON 1.67% CONSULTANTS 0.65% J 1.55% IT 0.60% GLOBAL 1.53% TRAINING 0.60% INVESTMENTS 1.46% J 0.54% IT 1.43% INVESTMENTS 0.54% PROPERTIES 1.34% ASSOCIATES 0.54% CARE 1.32% DESIGN 0.54% M 1.27% SECURITY 0.49% BUILDING 1.22% D 0.49% ENTERPRISES 1.20% MEDICAL 0.43% ELECTRICAL 1.20% VENTURES 0.43% S 1.17% MARKETING 0.43% SECURITY 1.16%
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 848 331,455 7487 - Other business activities 79 35,545 99999 - Dormant Company 65 25,035 82990 - Other business support service activities not elsewhere classified 54 33,677 96090 - Other service activities not elsewhere classified 42 13,716 62020 - Information technology consultancy activities 41 14,774 70229 - Management consultancy activities other than financial management 31 19,425 7260 - Other computer related activities 26 4,979 62090 - Other information technology service activities 25 7,869 74909 - Other professional, scientific and technical activities not elsewhere classified 23 9,891 74990 - Non-trading company 22 9,203 7499 - Non-trading company 22 6,164 9999 - Dormant Company 22 12,598 86900 - Other human health activities 19 4,998 41100 - Development of building projects 18 4,965 7222 - Other software consultancy and supply 18 4,997 9305 - Other service activities 17 6,142 43210 - Electrical installation 17 3,387 43999 - Other specialised construction activities not elsewhere classified 16 3,943 7414 - Business & management consultancy 14 8,437
Recent Companies
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Randomly selected companies from this quarter
reports
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