Romford, Essex
Q3 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
- Q3 2013 saw a new record in company registrations in Romford when compared to any previous Q3.
- Q3 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
- September 2013 saw a new record in company registrations in Romford when compared to any previous September.
- August 2013 saw a new record in company registrations in Romford when compared to any previous August.
- July 2013 saw a new record in company registrations in Romford when compared to any previous July.
- July 2013 saw a new record in company closures in Romford when compared to any previous July.
- September 2013 saw a new record in net growth in Romford when compared to any previous September.
- August 2013 saw a new record in net growth in Romford when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Romford when compared to any previous Q3.
Q3 2013 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 401 companies were registered in Romford during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 15.9% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Romford UK 2013 401 132,684 2012 346 118,868 % change 15.9% 11.6% Record Year 2013 (401) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company registrations in Romford when compared to any previous September.
August 2013 saw a new record in company registrations in Romford when compared to any previous August.
July 2013 saw a new record in company registrations in Romford when compared to any previous July.
New Companies by Month
July August September New companies in 2013 131 123 147 New companies in 2012 111 112 123 % change 18.0% 9.8% 19.5% Record Year 2013 (131) 2013 (123) 2013 (147)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 220 companies were dissolved in Romford during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 10.6% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Romford UK 2013 220 86,170 2012 199 75,908 % change 10.6% 13.5% Record Year 2009 (276) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
July 2013 saw a new record in company closures in Romford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2013 79 61 80 Closed companies in 2012 76 60 63 % change 3.9% 1.7% 27% Record Year 2013 (79) 2008 (104) 2009 (120)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Romford during the third quarter of 2013 (Jul 2013 - Sep 2013) was 181 companies.
third quarter (Jul 2013 - Sep 2013) Romford UK 2013 181 46,514 2012 147 42,960 Record Year 2013 (181) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in net growth in Romford when compared to any previous September.
August 2013 saw a new record in net growth in Romford when compared to any previous August.
Net Growth by Month
July August September Net growth in 2013 52 62 67 Net growth in 2012 35 52 60 Record Year 2008 (87) 2013 (62) 2013 (67)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Romford formed 0.3% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Romford 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.2% 2009 0.2% Record Year (since 1960) 2013 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.3% 0.3% 0.3% UK formation share in 2012 0.3% 0.3% 0.3% % change 5.6% 0.7% 4.8% Record Year 1997 (0.3%) 2013 (0.3%) 2013 (0.3%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 40.0.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Romford was in 2005 when 34.6% of all directors were female.
28.5% of all director appointments in Romford in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.33% CONSULTING 5.27% CARE 0.91% MANAGEMENT 4.75% MANAGEMENT 0.87% CONSULTANCY 3.45% CONSULTANTS 0.78% PROPERTY 2.53% ELECTRICAL 0.78% TRADING 2.08% CONSULTANCY 0.64% ENGINEERING 1.83% ESSEX 0.64% LONDON 1.79% CINEMAS 0.59% DESIGN 1.78% PREMIERE 0.59% BUSINESS 1.74% CLEANING 0.59% CONSTRUCTION 1.70% S 0.59% CONSULTANTS 1.69% LONDON 0.59% CARE 1.64% TRADING 0.55% ASSOCIATES 1.61% CONSTRUCTION 0.55% GLOBAL 1.59% HEATING 0.50% J 1.54% PLUMBING 0.50% MEDIA 1.54% D 0.50% INVESTMENTS 1.53% M 0.50% PROPERTIES 1.45% PROPERTY 0.50% IT 1.39% SECURITY 0.46% M 1.25% ENTERPRISES 0.46% ELECTRICAL 1.20% CO 0.46% BUILDING 1.19% DESIGN 0.46% CAPITAL 1.19% PROPERTIES 0.46% DEVELOPMENTS 1.16% BUILDING 0.46% TRAINING 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 677 260,135 62020 - Information technology consultancy activities 103 26,675 99999 - Dormant Company 101 46,169 82990 - Other business support service activities not elsewhere classified 91 54,854 96090 - Other service activities not elsewhere classified 82 25,547 70229 - Management consultancy activities other than financial management 58 34,970 74909 - Other professional, scientific and technical activities not elsewhere classified 46 17,715 74990 - Non-trading company 39 14,228 86900 - Other human health activities 38 9,203 43999 - Other specialised construction activities not elsewhere classified 36 7,590 41100 - Development of building projects 30 9,271 43390 - Other building completion and finishing 29 5,382 62012 - Business and domestic software development 26 9,104 62090 - Other information technology service activities 23 12,516 88990 - Other social work activities without accommodation not elsewhere classified 22 3,422 86210 - General medical practice activities 21 3,922 47910 - Retail sale via mail order houses or via Internet 21 8,475 49410 - Freight transport by road 21 6,904 47990 - Other retail sale not in stores, stalls or markets 20 5,706 43210 - Electrical installation 20 5,724
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08635375 VAMP 2013 LIMITED 02 Aug 2013 08642217 P & R RETAIL FASHIONS LTD 08 Aug 2013 08646547 JD FINANCIAL FUTURES LIMITED 12 Aug 2013 08650231 STEPHEN ROBERTSON LIMITED 14 Aug 2013 08651122 MCD CONSTRUCT REFURB LIMITED 14 Aug 2013 08652838 STEELFORCE LONDON LIMITED 15 Aug 2013 08662141 NEXUS NETWORKING LIMITED 23 Aug 2013 08667098 TOHUM LTD 28 Aug 2013 08668147 SUNNYSIDE PRE-SCHOOL LTD 29 Aug 2013 08647310 ARADIA HAIR AND BEAUTY LIMITED 12 Aug 2013 08643208 LONDON STUDIO PORTRAITS LTD 08 Aug 2013 08654647 EMMANUEL NEW LIMITED 16 Aug 2013 08658442 PAUL GERRARD LIMITED 20 Aug 2013 08668536 OD CONSULTANT LIMITED 29 Aug 2013 08670509 AZUS VENTURES LIMITED 30 Aug 2013 08642421 DANNY LAWSON PERSONAL TRAINING LTD 08 Aug 2013 08645183 SKYLAR MUSIC PRODUCTIONS LIMITED 09 Aug 2013 08659291 CANDY CARE LIMITED 21 Aug 2013 08636564 TRAF LTD 05 Aug 2013 OC387055 CARBON REALM LLP 06 Aug 2013 08639328 OVI LOGISTICS LIMITED 06 Aug 2013 08639786 DON'T PAY 4 GAMES LTD 06 Aug 2013 08647065 JIREH CRITICAL CARE LTD 12 Aug 2013 08653208 INFANT SHRINE LIMITED 16 Aug 2013 08656756 CHADWELL HEATH COMMUNITY CENTRE 20 Aug 2013
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