Romford, Essex
2013 Half Year 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
- The first half of 2013 saw a new record in company registrations in Romford when compared to any previous first half year.
- The first half of 2013 was a record first half year for company registrations in Romford when compared to any half year in history.
- Q2 2013 saw a new record in company registrations in Romford when compared to any previous Q2.
- Q2 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
- June 2013 saw a new record in company registrations in Romford when compared to any previous June.
- May 2013 saw a new record in company registrations in Romford when compared to any previous May.
- April 2013 saw a new record in company registrations in Romford when compared to any previous April.
- May 2013 saw a new record in net growth in Romford when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2013)
The first half of 2013 saw a new record in company registrations in Romford when compared to any previous first half year.
The first half of 2013 was a record first half year for company registrations in Romford when compared to any half year in history.
In the first half of 2013 a total of 733 companies were formed in Romford. This figure is 14.7% higher than last year, which compares well to the UK wide figure of 6.4%.
The highest total for a first half year in Romford occurred in 2013 when a total of 733 were formed.
Half Year (Jan-Jun) Romford UK 2013 733 269,432 2012 639 253,150 % change 14.7% 6.4% Record Year 2013 (733) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Q2 2013 saw a new record in company registrations in Romford when compared to any previous Q2.
Q2 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 382 companies were registered in Romford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 21.3% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Romford UK 2013 382 134,630 2012 315 121,659 % change 21.3% 10.7% Record Year 2013 (382) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
June 2013 saw a new record in company registrations in Romford when compared to any previous June.
May 2013 saw a new record in company registrations in Romford when compared to any previous May.
April 2013 saw a new record in company registrations in Romford when compared to any previous April.
New Companies by Month
April May June New companies in 2013 135 128 119 New companies in 2012 116 103 96 % change 16.4% 24.3% 24.0% Record Year 2013 (135) 2013 (128) 2013 (119)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 410 companies were dissolved in Romford. This figure is 20.6% higher than last year, which compares badly to the UK wide change of 5.0%.
The highest total for a first half year in Romford occurred in 2009 when a total of 700 were closed.
Half Year (Jan-Jun) Romford UK 2013 410 155,192 2012 340 147,794 % change 20.6% 5.0% Record Year 2009 (700) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 186 companies were dissolved in Romford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is a decrease of 3.1% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Romford UK 2013 186 77,278 2012 192 80,218 % change -3.1% -3.7% Record Year 2009 (465) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
Dissolved Companies by Month
April May June Closed companies in 2013 58 53 75 Closed companies in 2012 53 79 60 % change 9.4% -32.9% 25% Record Year 2009 (155) 2009 (209) 2009 (101)
Net Company Growth
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 the company register for Romford increased by 323 companies.
Half Year (Jan-Jun) Romford UK 2013 323 114,240 2012 299 105,356 Record Year 2007 (353) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Net company growth for Romford during the second quarter of 2013 (Apr 2013 - Jun 2013) was 196 companies.
second quarter (Apr 2013 - Jun 2013) Romford UK 2013 196 57,352 2012 123 41,441 Record Year 2013 (196) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
May 2013 saw a new record in net growth in Romford when compared to any previous May.
Net Growth by Month
April May June Net growth in 2013 77 75 44 Net growth in 2012 63 24 36 Record Year 2007 (81) 2013 (75) 2008 (64)
UK Company Share
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 Romford formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.
Half Year (Jan-Jun) Romford 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.2% Record Year (since 1960) 2013 (0.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
In the second quarter of 2013, Romford formed 0.3% of all UK companies.
second quarter (Apr 2013 - Jun 2013) Romford 2013 0.3% 2012 0.3% 2011 0.2% 2010 0.3% 2009 0.2% Record Year (since 1960) 2013 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.3% 0.3% 0.3% UK formation share in 2012 0.3% 0.2% 0.3% % change -2.2% 20.7% 12.2% Record Year 1973 (0.3%) 2013 (0.3%) 1965 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2013)
The average age of a director in the first half of 2013 was 39.9.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 3.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The average age of a director in the second quarter of 2013 was 39.4.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.6%.
The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 3.8%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2013)
The record first half year for female directors in Romford was 2004 when 31.2% of all directors were female.
27.8% of all director appointments in Romford in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The record second quarter for female directors in Romford was in 2004 when 33.7% of all directors were female.
26.7% of all director appointments in Romford in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.00% CONSULTING 5.25% CARE 0.95% MANAGEMENT 4.80% MANAGEMENT 0.95% CONSULTANCY 3.41% ELECTRICAL 0.81% PROPERTY 2.48% CONSULTANCY 0.76% TRADING 2.05% CONSTRUCTION 0.76% ENGINEERING 1.81% CLEANING 0.76% DESIGN 1.79% CONSULTANTS 0.72% LONDON 1.77% PREMIERE 0.62% BUSINESS 1.77% CINEMAS 0.62% CONSULTANTS 1.68% PROPERTY 0.62% CONSTRUCTION 1.68% DESIGN 0.62% ASSOCIATES 1.67% J 0.62% GLOBAL 1.59% PROPERTIES 0.57% MEDIA 1.57% D 0.57% CARE 1.55% GLOBAL 0.53% J 1.53% TRADING 0.53% INVESTMENTS 1.46% LONDON 0.53% IT 1.40% HOUSE 0.48% PROPERTIES 1.40% SECURITY 0.48% M 1.26% ESSEX 0.48% BUILDING 1.22% HEATING 0.43% ELECTRICAL 1.19% ASSOCIATES 0.43% ENTERPRISES 1.18% ENTERPRISES 0.43% CAPITAL 1.16% GROUP 0.43% TRAINING 1.16%
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 661 257,517 99999 - Dormant Company 100 44,817 62020 - Information technology consultancy activities 98 25,583 82990 - Other business support service activities not elsewhere classified 94 54,555 96090 - Other service activities not elsewhere classified 71 24,324 70229 - Management consultancy activities other than financial management 52 33,633 74990 - Non-trading company 49 14,303 74909 - Other professional, scientific and technical activities not elsewhere classified 42 17,095 43999 - Other specialised construction activities not elsewhere classified 35 7,212 86900 - Other human health activities 34 8,687 43390 - Other building completion and finishing 25 5,253 41100 - Development of building projects 25 8,876 62012 - Business and domestic software development 24 8,590 43210 - Electrical installation 24 5,611 62090 - Other information technology service activities 21 12,578 86210 - General medical practice activities 20 3,882 49410 - Freight transport by road 20 6,273 47910 - Retail sale via mail order houses or via Internet 20 7,793 69201 - Accounting and auditing activities 19 6,771 41201 - Construction of commercial buildings 19 2,102
Recent Companies
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Randomly selected companies from this quarter
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