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
New Company Registrations
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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.
Year Romford UK 2013 1,501 529,363 2012 1,334 491,893 2011 1,136 452,870 2010 1,011 400,358 2009 817 362,675 Record Year 2013 (1,501) 2013 (529,363) New Companies by Year
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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) Romford UK 2013 768 259,931 2012 695 238,743 % change 10.5% 8.9% Record Year 2013 (768) 2013 (259,931) New Companies by Half Year
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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) Romford UK 2013 367 127,247 2012 349 119,875 % change 5.2% 6.1% Record Year 2013 (367) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 121 128 118 New companies in 2012 155 94 100 % change -21.9% 36.2% 18.0% Record Year 2012 (155) 2013 (128) 2013 (118)
Closed Companies (dissolved)
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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.
Year Romford UK 2013 848 332,213 2012 686 293,729 2011 656 314,524 2010 781 342,233 2009 1,220 533,789 Record Year 2009 (1,220) 2009 (533,789) Dissolved Companies by Year
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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) Romford UK 2013 438 177,021 2012 346 145,935 % change 26.6% 21.3% Record Year 2009 (520) 2009 (244,544) Dissolved Companies by Half Year
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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) Romford UK 2013 218 90,851 2012 147 70,027 % change 48.3% 29.7% Record Year 2009 (244) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 83 73 62 Closed companies in 2012 73 39 35 % change 13.7% 87.2% 77% Record Year 2009 (84) 2010 (85) 2009 (98)
Net Company Growth
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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.
Year Romford UK 2013 653 197,150 2012 648 198,164 2011 480 138,346 2010 230 58,125 2009 -403 -171,114 Record Year 2013 (653) 2007 (237,353) Net Growth by Year
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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) Romford UK 2013 330 82,910 2012 349 92,808 Record Year 2012 (349) 2003 (117,772) Net Growth by Half Year
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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) Romford UK 2013 149 36,396 2012 202 49,848 Record Year 2012 (202) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2013 38 55 56 Net growth in 2012 82 55 65 Record Year 2012 (82) 2012 (55) 2012 (65)
UK Company Share
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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.
Year 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 Year
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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 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 Half Year
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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 2013 0.3% 2012 0.3% 2011 0.2% 2010 0.3% 2009 0.2% Record Year (since 1960) 2012 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.2% 0.3% 0.3% UK formation share in 2012 0.3% 0.2% 0.3% % change -27.5% 33.8% 7.3% Record Year 2012 (0.3%) 1986 (0.3%) 2013 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.43% CONSULTING 5.22% CONSULTANCY 1.04% MANAGEMENT 4.72% CARE 0.90% CONSULTANCY 3.45% MANAGEMENT 0.86% PROPERTY 2.59% CONSULTANTS 0.77% TRADING 2.08% CLEANING 0.77% ENGINEERING 1.87% ELECTRICAL 0.72% LONDON 1.86% CONSTRUCTION 0.68% DESIGN 1.76% LONDON 0.63% CONSTRUCTION 1.73% ESSEX 0.63% CARE 1.73% ENTERPRISES 0.54% BUSINESS 1.71% PROPERTY 0.54% CONSULTANTS 1.68% RECRUITMENT 0.50% GLOBAL 1.58% BUSINESS 0.50% INVESTMENTS 1.56% BUILDING 0.50% PROPERTIES 1.54% FINANCIAL 0.50% ASSOCIATES 1.53% HEATING 0.45% J 1.51% PROPERTIES 0.45% MEDIA 1.50% TECHNOLOGY 0.41% IT 1.35% PLUMBING 0.41% DEVELOPMENTS 1.23% CO 0.41% M 1.23% GLOBAL 0.41% BUILDING 1.21% DESIGN 0.41% ELECTRICAL 1.20% S 0.41% CAPITAL 1.19% HEALTHCARE 0.41% ENERGY 1.14%
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 735 266,814 62020 - Information technology consultancy activities 109 27,183 99999 - Dormant Company 105 46,762 82990 - Other business support service activities not elsewhere classified 91 55,342 96090 - Other service activities not elsewhere classified 80 26,001 70229 - Management consultancy activities other than financial management 66 36,164 74909 - Other professional, scientific and technical activities not elsewhere classified 52 18,034 86900 - Other human health activities 39 9,543 43999 - Other specialised construction activities not elsewhere classified 35 7,823 74990 - Non-trading company 32 14,223 43390 - Other building completion and finishing 31 5,405 41100 - Development of building projects 28 9,485 88990 - Other social work activities without accommodation not elsewhere classified 28 3,592 62012 - Business and domestic software development 27 9,360 47990 - Other retail sale not in stores, stalls or markets 23 5,800 62090 - Other information technology service activities 23 12,511 49410 - Freight transport by road 22 7,333 43210 - Electrical installation 21 5,730 69201 - Accounting and auditing activities 21 7,075 47910 - Retail sale via mail order houses or via Internet 21 8,879
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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