Romford, Essex

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Romford when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Romford when compared to any previous second half year.
  • The second half of 2012 was a record second half year for company registrations in Romford when compared to any half year in history.
  • Q4 2012 saw a new record in company registrations in Romford when compared to any previous Q4.
  • Q4 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.
  • December 2012 saw a new record in company registrations in Romford when compared to any previous December.
  • November 2012 saw a new record in company registrations in Romford when compared to any previous November.
  • October 2012 saw a new record in company registrations in Romford when compared to any previous October.
  • October 2012 was a record month for company registrations in Romford when compared to any month in history.
  • 2012 was a record year for net growth in Romford when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Romford when compared to any previous second half year.
  • Q4 2012 saw a new record in net growth in Romford when compared to any previous Q4.
  • December 2012 saw a new record in net growth in Romford when compared to any previous December.
  • November 2012 saw a new record in net growth in Romford when compared to any previous November.
  • October 2012 saw a new record in net growth in Romford when compared to any previous October.

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. Annual Data (2012)

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

    A total of 1,335 companies were formed in Romford in 2012. This total is 17.5% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearRomfordUK
    20121,335491,893
    20111,136452,870
    20101,011400,358
    2009817362,675
    2008876349,203
    Record Year2012 (1,335)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

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

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

    In the second half of 2012 a total of 696 companies were formed in Romford. This figure is 25.4% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Romford occurred in 2012 when a total of 696 were formed.

    Half Year (Jul-Dec)RomfordUK
    2012696238,743
    2011555224,135
    % change25.4%6.5%
    Record Year2012 (696)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Romford when compared to any previous Q4.

    Q4 2012 was a record quarter for company registrations in Romford when compared to any quarter in history.

    A total of 350 companies were registered in Romford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 38.3% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)RomfordUK
    2012350119,875
    2011253109,623
    % change38.3%9.4%
    Record Year 2012 (350) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

    October 2012 was a record month for company registrations in Romford when compared to any month in history.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201215594101
    New companies in 2011919270
    % change70.3%2.2%44.3%
    Record Year2012 (155)2012 (94)2012 (101)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 686 companies were dissolved in Romford in 2012. This total is 4.6% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearRomfordUK
    2012686293,728
    2011656314,524
    2010781342,233
    20091,220533,787
    2008417237,873
    Record Year2009 (1,220)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 346 companies were dissolved in Romford. This figure is 7.1% higher than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Romford occurred in 2009 when a total of 520 were closed.

    Half Year (Jul-Dec)RomfordUK
    2012346145,934
    2011323152,213
    % change7.1%-4.1%
    Record Year2009 (520)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 147 companies were dissolved in Romford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 12.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)RomfordUK
    201214770,026
    201116879,983
    % change-12.5%-12.4%
    Record Year 2009 (244) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012733935
    Closed companies in 2011406266
    % change82.5%-37.1%-47%
    Record Year2009 (84)2010 (85)2009 (98)

Net Company Growth

  1. Annual Data (2012)

    2012 was a record year for net growth in Romford when compared to any year in history.

    A total of 649 companies were added to the company register for Romford in 2012. This number represents growth of 57.1% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 169 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Romford company register grew by 649 companies.

    YearRomfordUK
    2012649198,165
    2011480138,346
    201023058,125
    2009-403-171,112
    2008459111,330
    Record Year2012 (649)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in net growth in Romford when compared to any previous second half year.

    In the second half of 2012 the company register for Romford increased by 350 companies.

    Half Year (Jul-Dec)RomfordUK
    201235092,809
    201123271,922
    Record Year2012 (350)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in net growth in Romford when compared to any previous Q4.

    Net company growth for Romford during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 203 companies.

    fourth quarter (Oct 2012 - Dec 2012)RomfordUK
    201220349,849
    20118529,640
    Record Year 2012 (203) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    December 2012 saw a new record in net growth in Romford when compared to any previous December.

    November 2012 saw a new record in net growth in Romford when compared to any previous November.

    October 2012 saw a new record in net growth in Romford when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012825566
    Net growth in 201151304
    Record Year2012 (82)2012 (55)2012 (66)

UK Company Share

  1. Annual Data (2012)

    In 2012 Romford formed 0.3% of all UK companies. This is no change on 2011 when Romford was responsible for 0.3% of all UK companies.

    YearRomford
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960)1962 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Romford formed 0.3% of all UK companies. This is more than the 2011 figure of 0.2%.

    Half Year (Jul-Dec)Romford
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    Record Year (since 1960) 1972 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Romford
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    Record Year (since 1960) 1972 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.3%0.2%0.3%
    UK formation share in 20110.2%0.2%0.2%
    % change43.1%-2.8%40.4%
    Record Year1971 (0.6%)1960 (0.6%)1968 (0.4%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 40.7.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 40.4.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 39.7.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 1.3% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Romford was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Romford in 2012 was 30.4%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Romford was 1860 when 42.9% of all directors were female.

    24.2% of all director appointments in Romford in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Romford was in 1977 when 31.2% of all directors were female.

    26.7% of all director appointments in Romford in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.22%CONSULTING5.15%
    CONSULTANCY1.17%MANAGEMENT4.78%
    CARE0.97%CONSULTANCY3.31%
    BUILDING0.97%PROPERTY2.40%
    MANAGEMENT0.87%TRADING2.03%
    TRADING0.81%DESIGN1.86%
    ELECTRICAL0.81%ASSOCIATES1.82%
    CONSTRUCTION0.76%ENGINEERING1.79%
    CONSULTANTS0.71%BUSINESS1.76%
    LONDON0.71%CONSULTANTS1.75%
    PREMIERE0.71%CONSTRUCTION1.69%
    PROPERTY0.71%LONDON1.69%
    CINEMAS0.71%MEDIA1.69%
    INVESTMENTS0.66%GLOBAL1.59%
    MAINTENANCE0.66%J1.57%
    J0.66%INVESTMENTS1.46%
    D0.61%IT1.43%
    GLOBAL0.61%CARE1.39%
    ASSOCIATES0.61%PROPERTIES1.34%
    CLEANING0.56%M1.26%
    DESIGN0.56%BUILDING1.23%
    H0.51%ENTERPRISES1.21%
    TRAINING0.51%TRAINING1.18%
    SECURITY0.51%ELECTRICAL1.17%
    M0.46%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied597236,139
    99999 - Dormant Company9640,648
    82990 - Other business support service activities not elsewhere classified8752,427
    62020 - Information technology consultancy activities8023,256
    96090 - Other service activities not elsewhere classified5822,058
    70229 - Management consultancy activities other than financial management4730,396
    74990 - Non-trading company4513,808
    43999 - Other specialised construction activities not elsewhere classified346,419
    74909 - Other professional, scientific and technical activities not elsewhere classified3415,572
    7487 - Other business activities3310,703
    86900 - Other human health activities337,866
    62090 - Other information technology service activities3212,291
    43210 - Electrical installation255,304
    69201 - Accounting and auditing activities226,177
    41100 - Development of building projects227,980
    62012 - Business and domestic software development217,446
    47910 - Retail sale via mail order houses or via Internet186,307
    49410 - Freight transport by road185,165
    56103 - Take-away food shops and mobile food stands175,132
    41201 - Construction of commercial buildings172,118

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08279285 MY CLOUD 9 DESIGNS LIMITED 02 Nov 2012
    08282171 FUNKY VIBES DANCE SCHOOL LTD 06 Nov 2012
    08293031 AAA STIMPSON LIMITED 14 Nov 2012
    08306224 EUROPA CONTAINER HIRE LIMITED 23 Nov 2012
    08306289 BALVI&CO LTD 23 Nov 2012
    08309625 A AND D REMOVALS LIMITED 27 Nov 2012
    08310737 HONEYBORNE LIMITED 28 Nov 2012
    08311640 22ND CENTURY PROPERTIES LIMITED 28 Nov 2012
    08288801 LOVE YOUR LAWN LIMITED 12 Nov 2012
    08290046 CAMBRIDGE ACADEMY OF EXCELLENCE LIMITED 12 Nov 2012
    08308307 MINT LANE LIMITED 27 Nov 2012
    08295746 CRESTLE ASSOCIATES UK LIMITED 15 Nov 2012
    08296244 GREEN SEA TRADING COMPANY LIMITED 16 Nov 2012
    08304269 MICROSTAR (2010) LIMITED 22 Nov 2012
    08307077 AMDW LIMITED 26 Nov 2012
    08304311 ADP SYSTEMS LIMITED 22 Nov 2012
    08276382 S ZAMAN LIMITED 01 Nov 2012
    08279623 A.S.I.Z.A.L IMPORT AND EXPORT GROUP LTD 02 Nov 2012
    08285965 GASTRO & ALU TRADING LTD 08 Nov 2012
    08311165 HORKA LTD 28 Nov 2012
    08312824 FILES EXPRESS LIMITED 29 Nov 2012
    08277402 PINNACLE GLOBAL ASSETS LTD 01 Nov 2012
    08306649 DS CONTRACTORS LIMITED 26 Nov 2012
    08307988 COMMS PEOPLE LIMITED 26 Nov 2012
    08314153 BRIGHT SPARKS MONTESSORI LTD 30 Nov 2012