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
    08397019 PRODAN LTD 11 Feb 2013
    08397432 ORGANISATION UN LIMITED 11 Feb 2013
    08399396 PRORIVA LTD 12 Feb 2013
    08403853 AGRON TRANSPORT LIMITED 14 Feb 2013
    08405431 PROTECTOR CLEANING LTD 15 Feb 2013
    08407939 LEAD FREE LTD 18 Feb 2013
    08408560 BADDOW HOSPITAL COMPANY LIMITED 19 Feb 2013
    08416359 LOUGHTON BARBERS LIMITED 22 Feb 2013
    08416383 HAVERING HEALTHWATCH LIMITED 22 Feb 2013
    08418017 APPY MINI CABS LIMITED 25 Feb 2013
    08397067 LTF PROPERTY SERVICES LIMITED 11 Feb 2013
    08401678 RADFORD CONSULTING SOLUTIONS LIMITED 13 Feb 2013
    08391344 POLO CONSULTING LIMITED 06 Feb 2013
    08407651 SAFE HOUSE HEATING LTD 18 Feb 2013
    08416581 LONDON WOOD PELLETS LIMITED 25 Feb 2013
    08416774 THOR PROPERTY MANAGEMENT LIMITED 25 Feb 2013
    08417226 INKY FIST LTD 25 Feb 2013
    08417349 VIXEN ARTS LTD 25 Feb 2013
    08418953 PEA POD CAFE LTD 26 Feb 2013
    08422605 MOSELEY LIMITED 27 Feb 2013
    08405673 EMKO CONSULTING LTD 15 Feb 2013
    08412843 BM.BUILDING AND PLASTERING SERVICES LIMITED 21 Feb 2013
    08386499 ARDECO N&G LIMITED 04 Feb 2013
    08397827 RN PAINT MASTER LTD 11 Feb 2013
    08399326 SPRING SERVICES ASSOCIATES LTD 12 Feb 2013