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

  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 (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)RomfordUK
    2012346118,868
    2011302114,512
    % change14.6%3.8%
    Record Year 2012 (346) 2012 (118,868)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2012111112123
    New companies in 201111685101
    % change-4.3%31.8%21.8%
    Record Year2011 (116)2012 (112)2012 (123)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201219874,772
    201115572,230
    % change27.7%3.5%
    Record Year 2009 (276) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2012766062
    Closed companies in 2011515648
    % change49.0%7.1%29%
    Record Year2012 (76)2008 (104)2009 (120)

Net Company Growth

  1. 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)RomfordUK
    201214844,096
    201114742,282
    Record Year 2012 (148) 2003 (60,597)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2012355261
    Net growth in 2011652953
    Record Year2008 (87)2012 (52)2012 (61)

UK Company Share

  1. 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
    20120.3%
    20110.3%
    20100.2%
    20090.2%
    20080.3%
    Record Year (since 1960) 1978 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.3%0.3%0.3%
    UK formation share in 20110.3%0.2%0.3%
    % change-14.1%32.8%20.5%
    Record Year1960 (0.6%)1977 (0.4%)1972 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.30%CONSULTING5.05%
    CONSULTING1.08%MANAGEMENT4.75%
    CONSTRUCTION1.03%CONSULTANCY3.28%
    BUILDING0.92%PROPERTY2.35%
    PROPERTY0.87%TRADING2.08%
    TRADING0.81%DESIGN1.87%
    CARE0.81%ASSOCIATES1.84%
    LONDON0.76%ENGINEERING1.83%
    ELECTRICAL0.76%CONSULTANTS1.76%
    MANAGEMENT0.76%BUSINESS1.72%
    CLEANING0.70%CONSTRUCTION1.70%
    MAINTENANCE0.65%MEDIA1.67%
    GLOBAL0.65%LONDON1.67%
    CONSULTANTS0.65%J1.55%
    IT0.60%GLOBAL1.53%
    TRAINING0.60%INVESTMENTS1.46%
    J0.54%IT1.43%
    INVESTMENTS0.54%PROPERTIES1.34%
    ASSOCIATES0.54%CARE1.32%
    DESIGN0.54%M1.27%
    SECURITY0.49%BUILDING1.22%
    D0.49%ENTERPRISES1.20%
    MEDICAL0.43%ELECTRICAL1.20%
    VENTURES0.43%S1.17%
    MARKETING0.43%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied848331,455
    7487 - Other business activities7935,545
    99999 - Dormant Company6525,035
    82990 - Other business support service activities not elsewhere classified5433,677
    96090 - Other service activities not elsewhere classified4213,716
    62020 - Information technology consultancy activities4114,774
    70229 - Management consultancy activities other than financial management3119,425
    7260 - Other computer related activities264,979
    62090 - Other information technology service activities257,869
    74909 - Other professional, scientific and technical activities not elsewhere classified239,891
    74990 - Non-trading company229,203
    7499 - Non-trading company226,164
    9999 - Dormant Company2212,598
    86900 - Other human health activities194,998
    41100 - Development of building projects184,965
    7222 - Other software consultancy and supply184,997
    9305 - Other service activities176,142
    43210 - Electrical installation173,387
    43999 - Other specialised construction activities not elsewhere classified163,943
    7414 - Business & management consultancy148,437

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08142279 MARK BUTTERWORTH ENGINEERING SERVICES LIMITED 13 Jul 2012
    08150610 EVERGREEN FLORAL DESIGN LIMITED 20 Jul 2012
    08125468 FRANKIE'S 5 A DAY LTD 02 Jul 2012
    08157432 STYLEBEAUTY LIMITED 26 Jul 2012
    08131501 BEAU BALLOONS LIMITED 05 Jul 2012
    08142146 D & H LAZIO LTD 13 Jul 2012
    08143487 SUBURBAN GLORY LTD 16 Jul 2012
    08126378 AKADIA CONSTRUCTION LIMITED 02 Jul 2012
    08132529 ZEE SHIPPING SERVICES LIMITED 05 Jul 2012
    08147937 CARLIER PRINTS LIMITED 18 Jul 2012
    08152464 R.L.BUILDING&SHOPFITTING LIMITED 23 Jul 2012
    08152937 ROSINA SAVAGE BOUTIQUE LTD 23 Jul 2012
    08135204 HUGHAR LTD 09 Jul 2012
    08138095 REMOVO LTD 11 Jul 2012
    08144072 MASTERCOAT LTD 16 Jul 2012
    08154595 CLARITY VOCALS LTD 24 Jul 2012
    08158317 EQUATOR MOTORS INTERNATIONAL LTD 26 Jul 2012
    08160963 WHITESTONE TECHNOLOGIES LTD 30 Jul 2012
    08161323 ZEEBAISH LTD 30 Jul 2012
    08127553 LOVE IN DESIGN LIMITED 03 Jul 2012
    08128113 BDAVIDJ SERVICES LTD 03 Jul 2012
    OC376712 CLEMENCE HOAR CUMMINGS LLP 06 Jul 2012
    08133108 CHC BUSINESS SERVICES LIMITED 06 Jul 2012
    08136674 FELSTED FURNITURE LIMITED 10 Jul 2012
    08146864 PJV ENTERPRISE LTD 17 Jul 2012