Romford, Essex

2013 Annual 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

  • 2013 was a record year for company registrations in Romford when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Romford when compared to any previous second half year.
  • The second half of 2013 was a record second half year for company registrations in Romford when compared to any half year in history.
  • Q4 2013 saw a new record in company registrations in Romford when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Romford when compared to any previous December.
  • November 2013 saw a new record in company registrations in Romford when compared to any previous November.
  • 2013 was a record year for net growth in Romford when compared to any year in history.
  • November 2013 saw a new record in net growth in Romford when compared to any previous November.

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. Annual Data (2013)

    2013 was a record year for company registrations in Romford when compared to any year in history.

    A total of 1,501 companies were formed in Romford in 2013. This total is 12.5% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearRomfordUK
    20131,501529,363
    20121,334491,893
    20111,136452,870
    20101,011400,358
    2009817362,675
    Record Year2013 (1,501)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Romford when compared to any previous second half year.

    The second half of 2013 was a record second half year for company registrations in Romford when compared to any half year in history.

    In the second half of 2013 a total of 768 companies were formed in Romford. This figure is 10.5% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Romford occurred in 2013 when a total of 768 were formed.

    Half Year (Jul-Dec)RomfordUK
    2013768259,931
    2012695238,743
    % change10.5%8.9%
    Record Year2013 (768)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Romford when compared to any previous Q4.

    A total of 367 companies were registered in Romford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 5.2% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)RomfordUK
    2013367127,247
    2012349119,875
    % change5.2%6.1%
    Record Year 2013 (367) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Romford when compared to any previous December.

    November 2013 saw a new record in company registrations in Romford when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013121128118
    New companies in 201215594100
    % change-21.9%36.2%18.0%
    Record Year2012 (155)2013 (128)2013 (118)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 848 companies were dissolved in Romford in 2013. This total is 23.6% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearRomfordUK
    2013848332,213
    2012686293,729
    2011656314,524
    2010781342,233
    20091,220533,789
    Record Year2009 (1,220)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 438 companies were dissolved in Romford. This figure is 26.6% higher than last year, which compares badly to the UK wide change of 21.3%.

    The highest total for a second half year in Romford occurred in 2009 when a total of 520 were closed.

    Half Year (Jul-Dec)RomfordUK
    2013438177,021
    2012346145,935
    % change26.6%21.3%
    Record Year2009 (520)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 218 companies were dissolved in Romford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 48.3% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)RomfordUK
    201321890,851
    201214770,027
    % change48.3%29.7%
    Record Year 2009 (244) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013837362
    Closed companies in 2012733935
    % change13.7%87.2%77%
    Record Year2009 (84)2010 (85)2009 (98)

Net Company Growth

  1. Annual Data (2013)

    2013 was a record year for net growth in Romford when compared to any year in history.

    A total of 653 companies were added to the company register for Romford in 2013. This number represents growth of 43.5% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 5 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Romford company register grew by 653 companies.

    YearRomfordUK
    2013653197,150
    2012648198,164
    2011480138,346
    201023058,125
    2009-403-171,114
    Record Year2013 (653)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Romford increased by 330 companies.

    Half Year (Jul-Dec)RomfordUK
    201333082,910
    201234992,808
    Record Year2012 (349)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Romford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 149 companies.

    fourth quarter (Oct 2013 - Dec 2013)RomfordUK
    201314936,396
    201220249,848
    Record Year 2012 (202) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    November 2013 saw a new record in net growth in Romford when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013385556
    Net growth in 2012825565
    Record Year2012 (82)2012 (55)2012 (65)

UK Company Share

  1. Annual Data (2013)

    In 2013 Romford formed 0.3% of all UK companies. This is no change on 2012 when Romford was responsible for 0.3% of all UK companies.

    YearRomford
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960)2013 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Romford formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.

    Half Year (Jul-Dec)Romford
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    Record Year (since 1960) 2013 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Romford formed 0.3% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Romford
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    20090.2%
    Record Year (since 1960) 2012 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.3%0.3%
    UK formation share in 20120.3%0.2%0.3%
    % change-27.5%33.8%7.3%
    Record Year2012 (0.3%)1986 (0.3%)2013 (0.3%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 39.9.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 40.0.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 39.9.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Romford was 1989 when 66.7% of all directors were female.

    The percentage of female directors in Romford in 2013 was 28.1%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Romford was 2005 when 31.2% of all directors were female.

    28.3% of all director appointments in Romford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Romford was in 2008 when 35.0% of all directors were female.

    28.1% of all director appointments in Romford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.43%CONSULTING5.22%
    CONSULTANCY1.04%MANAGEMENT4.72%
    CARE0.90%CONSULTANCY3.45%
    MANAGEMENT0.86%PROPERTY2.59%
    CONSULTANTS0.77%TRADING2.08%
    CLEANING0.77%ENGINEERING1.87%
    ELECTRICAL0.72%LONDON1.86%
    CONSTRUCTION0.68%DESIGN1.76%
    LONDON0.63%CONSTRUCTION1.73%
    ESSEX0.63%CARE1.73%
    ENTERPRISES0.54%BUSINESS1.71%
    PROPERTY0.54%CONSULTANTS1.68%
    RECRUITMENT0.50%GLOBAL1.58%
    BUSINESS0.50%INVESTMENTS1.56%
    BUILDING0.50%PROPERTIES1.54%
    FINANCIAL0.50%ASSOCIATES1.53%
    HEATING0.45%J1.51%
    PROPERTIES0.45%MEDIA1.50%
    TECHNOLOGY0.41%IT1.35%
    PLUMBING0.41%DEVELOPMENTS1.23%
    CO0.41%M1.23%
    GLOBAL0.41%BUILDING1.21%
    DESIGN0.41%ELECTRICAL1.20%
    S0.41%CAPITAL1.19%
    HEALTHCARE0.41%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied735266,814
    62020 - Information technology consultancy activities10927,183
    99999 - Dormant Company10546,762
    82990 - Other business support service activities not elsewhere classified9155,342
    96090 - Other service activities not elsewhere classified8026,001
    70229 - Management consultancy activities other than financial management6636,164
    74909 - Other professional, scientific and technical activities not elsewhere classified5218,034
    86900 - Other human health activities399,543
    43999 - Other specialised construction activities not elsewhere classified357,823
    74990 - Non-trading company3214,223
    43390 - Other building completion and finishing315,405
    41100 - Development of building projects289,485
    88990 - Other social work activities without accommodation not elsewhere classified283,592
    62012 - Business and domestic software development279,360
    47990 - Other retail sale not in stores, stalls or markets235,800
    62090 - Other information technology service activities2312,511
    49410 - Freight transport by road227,333
    43210 - Electrical installation215,730
    69201 - Accounting and auditing activities217,075
    47910 - Retail sale via mail order houses or via Internet218,879

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08722704 I C W CONSULTANCY LIMITED 08 Oct 2013
    08725020 VASI LIMITED 09 Oct 2013
    08731167 U.K. MAIN VEHICLE DEALERSHIP LIMITED 14 Oct 2013
    08737913 GROVE & DEAN MOTORSPORT LIMITED 17 Oct 2013
    08743875 HD ENTERPRISES LIMITED 22 Oct 2013
    08741735 CLOUD LOGIX LTD 21 Oct 2013
    08717261 FX RECRUITMENT LIMITED 03 Oct 2013
    08722237 CENSEO COMPUTING LTD 07 Oct 2013
    08722924 SHOPWHIZZU LTD 08 Oct 2013
    08723406 JW BRAIDWOOD LIMITED 08 Oct 2013
    08733354 KARIZMA CREATIONS LTD 15 Oct 2013
    08740348 MATOPO STYLE LIMITED 21 Oct 2013
    08746503 EP FITTING LTD 24 Oct 2013
    08751741 INTERNATIONAL EDUCATION FACILITATORS LTD 28 Oct 2013
    08755230 GOLDRIDGE DEVELOPMENT LTD 30 Oct 2013
    08725334 ABRIDGE MANAGEMENT SERVICES LIMITED 09 Oct 2013
    08753730 VENETIAN INTERIORS LONDON LIMITED 29 Oct 2013
    08717696 KELEBEK PRODUCTIONS LIMITED 03 Oct 2013
    08726814 VANPAK UK LIMITED 10 Oct 2013
    08728032 NIRVANA HEALTH & WELLBEING LIMITED 11 Oct 2013
    08738629 ICAM HEALTHCARE LIMITED 18 Oct 2013
    08739458 NINA ELIZABETH LTD. 18 Oct 2013
    08740362 RUSS&TIARA LTD 21 Oct 2013
    08714946 JAMES TALLMAN LIMITED 02 Oct 2013
    08740438 LNDSOFT LIMITED 21 Oct 2013