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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

  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 (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)RomfordUK
    2013401132,684
    2012346118,868
    % change15.9%11.6%
    Record Year 2013 (401) 2013 (132,684)
    New Companies by Quarter

  2. 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
    JulyAugustSeptember
    New companies in 2013131123147
    New companies in 2012111112123
    % change18.0%9.8%19.5%
    Record Year2013 (131)2013 (123)2013 (147)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201322086,170
    201219975,908
    % change10.6%13.5%
    Record Year 2009 (276) 2009 (159,405)
    Dissolved Companies by Quarter

  2. 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
    JulyAugustSeptember
    Closed companies in 2013796180
    Closed companies in 2012766063
    % change3.9%1.7%27%
    Record Year2013 (79)2008 (104)2009 (120)

Net Company Growth

  1. 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)RomfordUK
    201318146,514
    201214742,960
    Record Year 2013 (181) 2013 (46,514)
    Net Growth by Quarter

  2. 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
    JulyAugustSeptember
    Net growth in 2013526267
    Net growth in 2012355260
    Record Year2008 (87)2013 (62)2013 (67)

UK Company Share

  1. 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
    20130.3%
    20120.3%
    20110.3%
    20100.2%
    20090.2%
    Record Year (since 1960) 2013 (0.3%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.3%0.3%0.3%
    UK formation share in 20120.3%0.3%0.3%
    % change5.6%0.7%4.8%
    Record Year1997 (0.3%)2013 (0.3%)2013 (0.3%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.33%CONSULTING5.27%
    CARE0.91%MANAGEMENT4.75%
    MANAGEMENT0.87%CONSULTANCY3.45%
    CONSULTANTS0.78%PROPERTY2.53%
    ELECTRICAL0.78%TRADING2.08%
    CONSULTANCY0.64%ENGINEERING1.83%
    ESSEX0.64%LONDON1.79%
    CINEMAS0.59%DESIGN1.78%
    PREMIERE0.59%BUSINESS1.74%
    CLEANING0.59%CONSTRUCTION1.70%
    S0.59%CONSULTANTS1.69%
    LONDON0.59%CARE1.64%
    TRADING0.55%ASSOCIATES1.61%
    CONSTRUCTION0.55%GLOBAL1.59%
    HEATING0.50%J1.54%
    PLUMBING0.50%MEDIA1.54%
    D0.50%INVESTMENTS1.53%
    M0.50%PROPERTIES1.45%
    PROPERTY0.50%IT1.39%
    SECURITY0.46%M1.25%
    ENTERPRISES0.46%ELECTRICAL1.20%
    CO0.46%BUILDING1.19%
    DESIGN0.46%CAPITAL1.19%
    PROPERTIES0.46%DEVELOPMENTS1.16%
    BUILDING0.46%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied677260,135
    62020 - Information technology consultancy activities10326,675
    99999 - Dormant Company10146,169
    82990 - Other business support service activities not elsewhere classified9154,854
    96090 - Other service activities not elsewhere classified8225,547
    70229 - Management consultancy activities other than financial management5834,970
    74909 - Other professional, scientific and technical activities not elsewhere classified4617,715
    74990 - Non-trading company3914,228
    86900 - Other human health activities389,203
    43999 - Other specialised construction activities not elsewhere classified367,590
    41100 - Development of building projects309,271
    43390 - Other building completion and finishing295,382
    62012 - Business and domestic software development269,104
    62090 - Other information technology service activities2312,516
    88990 - Other social work activities without accommodation not elsewhere classified223,422
    86210 - General medical practice activities213,922
    47910 - Retail sale via mail order houses or via Internet218,475
    49410 - Freight transport by road216,904
    47990 - Other retail sale not in stores, stalls or markets205,706
    43210 - Electrical installation205,724

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08597922 THOROUGHLY MODERN MEDIA LIMITED 04 Jul 2013
    08619316 SPHINX GRILL LIMITED 22 Jul 2013
    08630610 ESSEX RESOURCES LIMITED 30 Jul 2013
    08619768 P B CARPENTRY (GB) LIMITED 22 Jul 2013
    08624785 BRETT ENTERPRISES LIMITED 25 Jul 2013
    08590866 LJB CONSULTANTS LTD 01 Jul 2013
    08597583 BOYZ TOYZ PAINTWORX LTD 04 Jul 2013
    08601619 THE REMEDY TEA SHOP LTD 09 Jul 2013
    08611572 R. MBANGANI LIMITED 16 Jul 2013
    08613459 CARE@CARE LIMITED 17 Jul 2013
    08615192 DAN.S PAINTING SERVICES LTD 18 Jul 2013
    08615296 CELLMATES-CONNECTIONS LIMITED 18 Jul 2013
    08627078 JELLY HEAVEN LIMITED 26 Jul 2013
    08627080 AMBA SHOES LIMITED 26 Jul 2013
    08619890 MICHAEL LAIT INTERNATIONAL LTD 22 Jul 2013
    08627943 10 WEST LTD. 29 Jul 2013
    08629116 YOUSHIKO LTD 29 Jul 2013
    08593405 UNIVERSAL DATA SCIENCE LIMITED 02 Jul 2013
    08594653 LETAP LIMITED 02 Jul 2013
    08600676 COSTSAVERS FOOD & WINE LTD 08 Jul 2013
    08600871 BLUECON TECHNOLOGIES LTD 08 Jul 2013
    08604337 LOTUS SOFTWARE SOLUTIONS LTD 10 Jul 2013
    08611552 ASN FINANCIAL SOLUTIONS LIMITED 16 Jul 2013
    08611976 HAGGISMAN INDUSTRIES LIMITED 16 Jul 2013
    08612452 CHUI SERVICES LIMITED 16 Jul 2013

Duport Associates Ltd