Romford, Essex
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Romford when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Romford when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Romford when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Romford when compared to any quarter in history.
- June 2014 saw a new record in company registrations in Romford when compared to any previous June.
- May 2014 saw a new record in company registrations in Romford when compared to any previous May.
- April 2014 saw a new record in company registrations in Romford when compared to any previous April.
- April 2014 was a record month for company registrations in Romford when compared to any month in history.
- The first half of 2014 saw a new record in net growth in Romford when compared to any previous first half year.
- The first half of 2014 was a record first half year for net growth in Romford when compared to any half year in history.
- June 2014 saw a new record in net growth in Romford when compared to any previous June.
- May 2014 saw a new record in net growth in Romford when compared to any previous May.
- April 2014 saw a new record in net growth in Romford when compared to any previous April.
- April 2014 was a record month for net growth in Romford when compared to any month in history.
- The record second quarter for female directors in Romford was in 2014 when 30.3% of all directors were female.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Romford when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Romford when compared to any half year in history.
In the first half of 2014 a total of 1,029 companies were formed in Romford. This figure is 40.4% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Romford occurred in 2014 when a total of 1,029 were formed.
Half Year (Jan-Jun) Romford UK 2014 1,029 300,731 2013 733 269,432 % change 40.4% 11.6% Record Year 2014 (1,029) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Romford when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 563 companies were registered in Romford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 47.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Romford UK 2014 563 150,009 2013 382 134,630 % change 47.4% 11.4% Record Year 2014 (563) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Romford when compared to any previous June.
May 2014 saw a new record in company registrations in Romford when compared to any previous May.
April 2014 saw a new record in company registrations in Romford when compared to any previous April.
April 2014 was a record month for company registrations in Romford when compared to any month in history.
New Companies by Month
April May June New companies in 2014 207 188 168 New companies in 2013 135 128 119 % change 53.3% 46.9% 41.2% Record Year 2014 (207) 2014 (188) 2014 (168)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 449 companies were dissolved in Romford. This figure is 9.5% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Romford occurred in 2009 when a total of 700 were closed.
Half Year (Jan-Jun) Romford UK 2014 449 177,207 2013 410 155,192 % change 9.5% 14.2% Record Year 2009 (700) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 235 companies were dissolved in Romford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 26.3% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Romford UK 2014 235 94,837 2013 186 77,278 % change 26.3% 22.7% Record Year 2009 (465) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 42 101 92 Closed companies in 2013 58 53 75 % change -27.6% 90.6% 23% Record Year 2009 (155) 2009 (209) 2009 (101)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in net growth in Romford when compared to any previous first half year.
The first half of 2014 was a record first half year for net growth in Romford when compared to any half year in history.
In the first half of 2014 the company register for Romford increased by 580 companies.
Half Year (Jan-Jun) Romford UK 2014 580 123,524 2013 323 114,240 Record Year 2014 (580) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Romford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 328 companies.
second quarter (Apr 2014 - Jun 2014) Romford UK 2014 328 55,172 2013 196 57,352 Record Year 2014 (328) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in net growth in Romford when compared to any previous June.
May 2014 saw a new record in net growth in Romford when compared to any previous May.
April 2014 saw a new record in net growth in Romford when compared to any previous April.
April 2014 was a record month for net growth in Romford when compared to any month in history.
Net Growth by Month
April May June Net growth in 2014 165 87 76 Net growth in 2013 77 75 44 Record Year 2014 (165) 2014 (87) 2014 (76)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Romford formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.
Half Year (Jan-Jun) Romford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2014 (0.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Romford formed 0.4% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Romford 2014 0.4% 2013 0.3% 2012 0.3% 2011 0.2% 2010 0.3% Record Year (since 1960) 2014 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.3% 0.3% 0.3% % change 38.3% 35.6% 22.3% Record Year 2014 (0.4%) 2014 (0.4%) 1965 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 39.4.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 39.2.
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 4.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Romford was 2005 when 30.7% of all directors were female.
28.0% of all director appointments in Romford in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Romford was in 2014 when 30.3% of all directors were female.
30.3% of all director appointments in Romford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.65% CONSULTING 5.16% CONSULTANCY 1.38% MANAGEMENT 4.64% CARE 1.27% CONSULTANCY 3.50% LONDON 1.15% PROPERTY 2.66% MANAGEMENT 1.04% TRADING 2.03% CONSTRUCTION 0.73% ENGINEERING 1.99% ELECTRICAL 0.69% CONSTRUCTION 1.93% CONSULTANTS 0.65% LONDON 1.93% HEALTHCARE 0.65% CARE 1.85% BUSINESS 0.61% DESIGN 1.75% S 0.61% CONSULTANTS 1.73% BUILDING 0.61% BUSINESS 1.69% ESSEX 0.61% PROPERTIES 1.63% TRADING 0.58% TRANSPORT 1.58% HEALTH 0.54% GLOBAL 1.55% ENGINEERING 0.54% INVESTMENTS 1.55% MAINTENANCE 0.46% J 1.51% J 0.46% ASSOCIATES 1.48% MEDIA 0.46% MEDIA 1.44% R 0.46% ELECTRICAL 1.40% CO 0.42% IT 1.33% PROPERTY 0.42% DEVELOPMENTS 1.33% ENTERPRISES 0.42% BUILDING 1.26% ASSOCIATES 0.42% M 1.24% LOGISTICS 0.42% CO., 1.20%
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 743 261,557 62020 - Information technology consultancy activities 117 29,029 82990 - Other business support service activities not elsewhere classified 97 57,421 99999 - Dormant Company 86 48,436 96090 - Other service activities not elsewhere classified 84 28,352 70229 - Management consultancy activities other than financial management 76 40,250 74909 - Other professional, scientific and technical activities not elsewhere classified 50 19,058 86900 - Other human health activities 50 11,292 74990 - Non-trading company 35 14,351 43999 - Other specialised construction activities not elsewhere classified 35 8,533 69201 - Accounting and auditing activities 34 7,415 43390 - Other building completion and finishing 32 5,855 88990 - Other social work activities without accommodation not elsewhere classified 30 4,170 86101 - Hospital activities 30 3,357 43210 - Electrical installation 26 6,050 62090 - Other information technology service activities 25 13,024 43220 - Plumbing, heat and air-conditioning installation 24 5,075 47990 - Other retail sale not in stores, stalls or markets 24 6,286 41100 - Development of building projects 24 10,527 49410 - Freight transport by road 24 9,265
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08976174 BRANG LTD 03 Apr 2014 08981834 VNPT LIMITED 07 Apr 2014 08985485 ANGLIA.TODAY LIMITED 08 Apr 2014 08991625 OLD & NEWT LIMITED 10 Apr 2014 08992293 MHB HOMES LIMITED 11 Apr 2014 08993961 LINWOOD BUSINESS MANAGEMENT LIMITED 14 Apr 2014 08997987 CECE CONSULTS LIMITED 15 Apr 2014 09005708 LURTON LIMITED 22 Apr 2014 09005758 RED FLAME MANAGEMENT LIMITED 22 Apr 2014 09006242 MAX ANWAR LIMITED 23 Apr 2014 09014067 R&K CARE SERVICES LTD. 28 Apr 2014 09014796 TOP CAT SALES RECRUITMENT LTD 28 Apr 2014 09018632 NURTURE-INTEGRAL-CHANGE-EXPERTISE LTD 30 Apr 2014 08983489 KINGSWOOD LODGE RTM COMPANY LIMITED 07 Apr 2014 08993835 J W PLANNING LIMITED 14 Apr 2014 09002711 DARYLL BUTTERWORTH LIMITED 17 Apr 2014 09012556 PERSONAL VAPOUR LTD 25 Apr 2014 08987997 EVOLVE BUILDING CONTRACTORS LIMITED 09 Apr 2014 09001557 SNAPBACKED LIMITED 17 Apr 2014 09002064 ABLE OT LTD 17 Apr 2014 09003384 OUTBOUND SALES LIMITED 22 Apr 2014 09003770 R&R ACCOUNTING & TAXATION SERVICES LIMITED 22 Apr 2014 09005469 RE-CREATIVE RENEWABLES LIMITED 22 Apr 2014 09005945 BRANCH HOUSE LIMITED 22 Apr 2014 09011113 JLH ENGINEERING LIMITED 25 Apr 2014
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