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

  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 (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)RomfordUK
    2013351134,802
    2012324131,491
    % change8.3%2.5%
    Record Year 2013 (351) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 201312712896
    New companies in 201211876130
    % change7.6%68.4%-26.2%
    Record Year2013 (127)2013 (128)2012 (130)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201322477,914
    201214867,576
    % change51.4%15.3%
    Record Year 2009 (235) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20131045664
    Closed companies in 2012455053
    % change131.1%12.0%21%
    Record Year2013 (104)2008 (65)2009 (164)

Net Company Growth

  1. 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)RomfordUK
    201312756,888
    201217663,915
    Record Year 2007 (206) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013237232
    Net growth in 2012732677
    Record Year2012 (73)2007 (79)2008 (81)

UK Company Share

  1. 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
    20130.3%
    20120.2%
    20110.3%
    20100.2%
    20090.2%
    Record Year (since 1960) 2011 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.3%0.3%0.2%
    UK formation share in 20120.3%0.2%0.3%
    % change-3.5%67.2%-23.7%
    Record Year1987 (0.3%)2013 (0.3%)2012 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.45%CONSULTING5.18%
    CONSULTANCY1.10%MANAGEMENT4.78%
    ELECTRICAL0.95%CONSULTANCY3.30%
    BUILDING0.85%PROPERTY2.44%
    MANAGEMENT0.80%TRADING2.06%
    CARE0.80%DESIGN1.79%
    CONSTRUCTION0.70%ENGINEERING1.78%
    TRADING0.70%BUSINESS1.77%
    CONSULTANTS0.65%ASSOCIATES1.75%
    CINEMAS0.65%LONDON1.72%
    PREMIERE0.65%CONSULTANTS1.71%
    GLOBAL0.60%CONSTRUCTION1.69%
    CLEANING0.60%MEDIA1.63%
    LONDON0.60%GLOBAL1.57%
    D0.60%J1.56%
    J0.55%CARE1.46%
    PROPERTY0.55%IT1.43%
    ACADEMY0.50%INVESTMENTS1.41%
    SECURITY0.50%PROPERTIES1.36%
    DESIGN0.50%M1.25%
    BUSINESS0.45%BUILDING1.21%
    INVESTMENTS0.45%ENTERPRISES1.19%
    HOUSE0.45%ELECTRICAL1.18%
    TRAINING0.45%TRAINING1.17%
    PROPERTIES0.45%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied648249,183
    99999 - Dormant Company10243,384
    62020 - Information technology consultancy activities9724,894
    82990 - Other business support service activities not elsewhere classified8654,531
    96090 - Other service activities not elsewhere classified6323,532
    70229 - Management consultancy activities other than financial management4932,624
    74990 - Non-trading company4914,129
    74909 - Other professional, scientific and technical activities not elsewhere classified3616,448
    86900 - Other human health activities368,465
    43999 - Other specialised construction activities not elsewhere classified346,954
    7487 - Other business activities267,556
    43210 - Electrical installation255,625
    62090 - Other information technology service activities2412,664
    41100 - Development of building projects248,637
    62012 - Business and domestic software development238,099
    47910 - Retail sale via mail order houses or via Internet227,199
    41201 - Construction of commercial buildings202,156
    49410 - Freight transport by road205,834
    69201 - Accounting and auditing activities206,591
    86210 - General medical practice activities194,062

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08348184 MTCS (LONDON) LTD 07 Jan 2013
    08349840 BULLITTMOTO LIMITED 07 Jan 2013
    08349901 INCHIEF LIMITED 07 Jan 2013
    08350431 JUST ONE WHEEL LIMITED 08 Jan 2013
    08354755 MONKEY D LIMITED 10 Jan 2013
    08374706 BRENTWOOD FENCING SUPPLIES LIMITED 24 Jan 2013
    08376057 LADAJ SERVICES LIMITED 25 Jan 2013
    08344279 CHOCOLATE TOAST LIMITED 02 Jan 2013
    08353799 REEBAK LIMITED 09 Jan 2013
    08375775 WATSON FOX & CO PROPERTY SERVICES LTD 25 Jan 2013
    08357164 POIISON IVY LTD 11 Jan 2013
    08357838 CERTIFIED PUBLIC ACCOUNTANTS (UK) LIMITED 14 Jan 2013
    08368517 BRENTWOOD VAN HIRE LIMITED 21 Jan 2013
    08382992 PYRGO PRIORY ACADEMY TRUST 31 Jan 2013
    08380517 LOYALTY INVESTMENTS LTD 29 Jan 2013
    08346078 WE BUY GADGETS COLLIER ROW LTD 03 Jan 2013
    08372070 SINEM LIMITED 23 Jan 2013
    08346417 HANDMADE CAMPING TOOLS LTD 03 Jan 2013
    08352749 HOMES SOLUTIONS INC LTD 09 Jan 2013
    08358132 MASTERSTROKE JEWELS LIMITED 14 Jan 2013
    08364677 MIDAS-B LTD 17 Jan 2013
    08367348 CRANFORD SUPPORTED HOUSING LTD 21 Jan 2013
    08367735 SBD NOMINEES LIMITED 21 Jan 2013
    08368573 BMT CONSULTANTS LTD 21 Jan 2013
    08369580 TLEM TRANSLATIONS LTD 22 Jan 2013