Romford, Essex
Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- Q1 2013 saw a new record in company registrations in Romford when compared to any previous Q1.
- Q1 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
- February 2013 saw a new record in company registrations in Romford when compared to any previous February.
- January 2013 saw a new record in company registrations in Romford when compared to any previous January.
- January 2013 saw a new record in company closures in Romford when compared to any previous January.
- The record first quarter for female directors in Romford was in 2013 when 33.3% of all directors were female.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
Q1 2013 saw a new record in company registrations in Romford when compared to any previous Q1.
Q1 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 351 companies were registered in Romford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 8.3% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Romford UK 2013 351 134,802 2012 324 131,491 % change 8.3% 2.5% Record Year 2013 (351) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in company registrations in Romford when compared to any previous February.
January 2013 saw a new record in company registrations in Romford when compared to any previous January.
New Companies by Month
January February March New companies in 2013 127 128 96 New companies in 2012 118 76 130 % change 7.6% 68.4% -26.2% Record Year 2013 (127) 2013 (128) 2012 (130)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 224 companies were dissolved in Romford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 51.4% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Romford UK 2013 224 77,914 2012 148 67,576 % change 51.4% 15.3% Record Year 2009 (235) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
January 2013 saw a new record in company closures in Romford when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2013 104 56 64 Closed companies in 2012 45 50 53 % change 131.1% 12.0% 21% Record Year 2013 (104) 2008 (65) 2009 (164)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Romford during the first quarter of 2013 (Jan 2013 - Mar 2013) was 127 companies.
first quarter (Jan 2013 - Mar 2013) Romford UK 2013 127 56,888 2012 176 63,915 Record Year 2007 (206) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 23 72 32 Net growth in 2012 73 26 77 Record Year 2012 (73) 2007 (79) 2008 (81)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Romford formed 0.3% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Romford 2013 0.3% 2012 0.2% 2011 0.3% 2010 0.2% 2009 0.2% Record Year (since 1960) 2011 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.3% 0.3% 0.2% UK formation share in 2012 0.3% 0.2% 0.3% % change -3.5% 67.2% -23.7% Record Year 1987 (0.3%) 2013 (0.3%) 2012 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 42.1.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Romford was in 2013 when 33.3% of all directors were female.
33.3% of all director appointments in Romford in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.45% CONSULTING 5.18% CONSULTANCY 1.10% MANAGEMENT 4.78% ELECTRICAL 0.95% CONSULTANCY 3.30% BUILDING 0.85% PROPERTY 2.44% MANAGEMENT 0.80% TRADING 2.06% CARE 0.80% DESIGN 1.79% CONSTRUCTION 0.70% ENGINEERING 1.78% TRADING 0.70% BUSINESS 1.77% CONSULTANTS 0.65% ASSOCIATES 1.75% CINEMAS 0.65% LONDON 1.72% PREMIERE 0.65% CONSULTANTS 1.71% GLOBAL 0.60% CONSTRUCTION 1.69% CLEANING 0.60% MEDIA 1.63% LONDON 0.60% GLOBAL 1.57% D 0.60% J 1.56% J 0.55% CARE 1.46% PROPERTY 0.55% IT 1.43% ACADEMY 0.50% INVESTMENTS 1.41% SECURITY 0.50% PROPERTIES 1.36% DESIGN 0.50% M 1.25% BUSINESS 0.45% BUILDING 1.21% INVESTMENTS 0.45% ENTERPRISES 1.19% HOUSE 0.45% ELECTRICAL 1.18% TRAINING 0.45% TRAINING 1.17% PROPERTIES 0.45% SECURITY 1.15%
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 648 249,183 99999 - Dormant Company 102 43,384 62020 - Information technology consultancy activities 97 24,894 82990 - Other business support service activities not elsewhere classified 86 54,531 96090 - Other service activities not elsewhere classified 63 23,532 70229 - Management consultancy activities other than financial management 49 32,624 74990 - Non-trading company 49 14,129 74909 - Other professional, scientific and technical activities not elsewhere classified 36 16,448 86900 - Other human health activities 36 8,465 43999 - Other specialised construction activities not elsewhere classified 34 6,954 7487 - Other business activities 26 7,556 43210 - Electrical installation 25 5,625 62090 - Other information technology service activities 24 12,664 41100 - Development of building projects 24 8,637 62012 - Business and domestic software development 23 8,099 47910 - Retail sale via mail order houses or via Internet 22 7,199 41201 - Construction of commercial buildings 20 2,156 49410 - Freight transport by road 20 5,834 69201 - Accounting and auditing activities 20 6,591 86210 - General medical practice activities 19 4,062
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08443147 LA BAR LTD 13 Mar 2013 08454444 ORGANA PROJECT SERVICES LIMITED 21 Mar 2013 08463206 NEWMAN HR LIMITED 26 Mar 2013 08427944 BRAVO MR ASHCROFT LTD 04 Mar 2013 08464666 APPLERESELLER LTD 27 Mar 2013 08430730 BE HIS MOTHER LIMITED 05 Mar 2013 08432927 DLC CORPORATION LIMITED 06 Mar 2013 08440148 SECURITY SYSTEMS CF LTD 12 Mar 2013 08441419 OLAK LIMITED 12 Mar 2013 08447596 SCOOTERBILITY LTD 15 Mar 2013 08429537 MASTER HOMES IMPROVEMENTS LTD 05 Mar 2013 08431004 LAUREN SHERWOOD HEALTHCARE LTD 05 Mar 2013 08447895 THE MACE PLAYCE LTD 15 Mar 2013 08448618 WOLZAY LIMITED 18 Mar 2013 08459871 PORTIK HOME IMPROVEMENTS LTD 25 Mar 2013 08444958 SIDTHEAMAE LIMITED 14 Mar 2013 08450999 AKINS BUSINESS SERVICES LIMITED 19 Mar 2013 08457823 A ABRAHAM LIMITED 22 Mar 2013 08429755 WISELECTRIC LTD 05 Mar 2013 08430816 WARLIKECOUNSELLING LIMITED 05 Mar 2013 08435221 AZEHITA SOLUTIONS LIMITED 07 Mar 2013 08451128 RIGHT ON TIME PROPERTIES LIMITED 19 Mar 2013 08451348 BONZER BURGERS LIMITED 19 Mar 2013 08454159 DMEKUS SERVICES LIMITED 21 Mar 2013 08457204 MARLER AND DAUGHTER PROPERTY INVESTMENTS LIMITED 22 Mar 2013
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