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

  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. 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)RomfordUK
    2013733269,432
    2012639253,150
    % change14.7%6.4%
    Record Year2013 (733)2007 (279,097)
    New Companies by Half Year
  2. 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)RomfordUK
    2013382134,630
    2012315121,659
    % change21.3%10.7%
    Record Year 2013 (382) 2013 (134,630)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2013135128119
    New companies in 201211610396
    % change16.4%24.3%24.0%
    Record Year2013 (135)2013 (128)2013 (119)

Closed Companies (dissolved)

  1. 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)RomfordUK
    2013410155,192
    2012340147,794
    % change20.6%5.0%
    Record Year2009 (700)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)RomfordUK
    201318677,278
    201219280,218
    % change-3.1%-3.7%
    Record Year 2009 (465) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013585375
    Closed companies in 2012537960
    % change9.4%-32.9%25%
    Record Year2009 (155)2009 (209)2009 (101)

Net Company Growth

  1. 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)RomfordUK
    2013323114,240
    2012299105,356
    Record Year2007 (353)2007 (171,296)
    Net Growth by Half Year
  2. 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)RomfordUK
    201319657,352
    201212341,441
    Record Year 2013 (196) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2013777544
    Net growth in 2012632436
    Record Year2007 (81)2013 (75)2008 (64)

UK Company Share

  1. 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
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960) 2013 (0.3%)
    Company Share by Half Year
  2. 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
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    Record Year (since 1960) 2013 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.3%0.3%0.3%
    UK formation share in 20120.3%0.2%0.3%
    % change-2.2%20.7%12.2%
    Record Year1973 (0.3%)2013 (0.3%)1965 (0.4%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.00%CONSULTING5.25%
    CARE0.95%MANAGEMENT4.80%
    MANAGEMENT0.95%CONSULTANCY3.41%
    ELECTRICAL0.81%PROPERTY2.48%
    CONSULTANCY0.76%TRADING2.05%
    CONSTRUCTION0.76%ENGINEERING1.81%
    CLEANING0.76%DESIGN1.79%
    CONSULTANTS0.72%LONDON1.77%
    PREMIERE0.62%BUSINESS1.77%
    CINEMAS0.62%CONSULTANTS1.68%
    PROPERTY0.62%CONSTRUCTION1.68%
    DESIGN0.62%ASSOCIATES1.67%
    J0.62%GLOBAL1.59%
    PROPERTIES0.57%MEDIA1.57%
    D0.57%CARE1.55%
    GLOBAL0.53%J1.53%
    TRADING0.53%INVESTMENTS1.46%
    LONDON0.53%IT1.40%
    HOUSE0.48%PROPERTIES1.40%
    SECURITY0.48%M1.26%
    ESSEX0.48%BUILDING1.22%
    HEATING0.43%ELECTRICAL1.19%
    ASSOCIATES0.43%ENTERPRISES1.18%
    ENTERPRISES0.43%CAPITAL1.16%
    GROUP0.43%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied661257,517
    99999 - Dormant Company10044,817
    62020 - Information technology consultancy activities9825,583
    82990 - Other business support service activities not elsewhere classified9454,555
    96090 - Other service activities not elsewhere classified7124,324
    70229 - Management consultancy activities other than financial management5233,633
    74990 - Non-trading company4914,303
    74909 - Other professional, scientific and technical activities not elsewhere classified4217,095
    43999 - Other specialised construction activities not elsewhere classified357,212
    86900 - Other human health activities348,687
    43390 - Other building completion and finishing255,253
    41100 - Development of building projects258,876
    62012 - Business and domestic software development248,590
    43210 - Electrical installation245,611
    62090 - Other information technology service activities2112,578
    86210 - General medical practice activities203,882
    49410 - Freight transport by road206,273
    47910 - Retail sale via mail order houses or via Internet207,793
    69201 - Accounting and auditing activities196,771
    41201 - Construction of commercial buildings192,102

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08485125 INDRA SHEPHERD CONSULTING LIMITED 12 Apr 2013
    08487272 ANAHATAA CREATIONS LTD 12 Apr 2013
    08495606 DAYHILL LIMITED 19 Apr 2013
    08498854 RESPONSIVE DEVELOPMENTS LIMITED 22 Apr 2013
    08510858 CGS CONSTRUCTION LONDON LTD 30 Apr 2013
    08481257 IGATE SOLUTIONS LIMITED 09 Apr 2013
    08499519 PFG PHOTOGRAPHIC LTD 23 Apr 2013
    08467510 GLOBE TOOLING & LEISURE PRODUCTS LIMITED 02 Apr 2013
    08467855 ENNIES LIMITED 02 Apr 2013
    08468626 METRO FIBRE NETWORKS LIMITED 02 Apr 2013
    08469678 STERLING COOPER ADVISORY LIMITED 02 Apr 2013
    08477479 HEAVENLY BEAUTY & TANNING LTD 08 Apr 2013
    08480170 MASDEK LIMITED 09 Apr 2013
    08489016 L.BARRY & SON LTD 15 Apr 2013
    08501758 JZM SOLUTIONS LIMITED 24 Apr 2013
    08468193 BROWN SECURITY INSTALLATIONS LIMITED 02 Apr 2013
    08471122 STORYAPPS LTD 03 Apr 2013
    08478655 P. BEASLEY SITE SERVICES LTD 08 Apr 2013
    08478671 SPOTLESS WINDOW CLEANING ESSEX LIMITED 08 Apr 2013
    08499366 EDUCATION 4 LIFE LTD 22 Apr 2013
    08510920 SAFE FIRE ENGINEERING LIMITED 30 Apr 2013
    08468040 SRS RECRUITMENT LIMITED 02 Apr 2013
    08470500 TOMECCA LIMITED 03 Apr 2013
    08481442 FOOD LEGACY LTD 09 Apr 2013
    08484481 DAZZLING DAMZEL LIMITED 11 Apr 2013