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

  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. 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)RomfordUK
    20141,029300,731
    2013733269,432
    % change40.4%11.6%
    Record Year2014 (1,029)2014 (300,731)
    New Companies by Half Year
  2. 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)RomfordUK
    2014563150,009
    2013382134,630
    % change47.4%11.4%
    Record Year 2014 (563) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014207188168
    New companies in 2013135128119
    % change53.3%46.9%41.2%
    Record Year2014 (207)2014 (188)2014 (168)

Closed Companies (dissolved)

  1. 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)RomfordUK
    2014449177,207
    2013410155,192
    % change9.5%14.2%
    Record Year2009 (700)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)RomfordUK
    201423594,837
    201318677,278
    % change26.3%22.7%
    Record Year 2009 (465) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20144210192
    Closed companies in 2013585375
    % change-27.6%90.6%23%
    Record Year2009 (155)2009 (209)2009 (101)

Net Company Growth

  1. 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)RomfordUK
    2014580123,524
    2013323114,240
    Record Year2014 (580)2007 (171,296)
    Net Growth by Half Year
  2. 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)RomfordUK
    201432855,172
    201319657,352
    Record Year 2014 (328) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 20141658776
    Net growth in 2013777544
    Record Year2014 (165)2014 (87)2014 (76)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 2014 (0.3%)
    Company Share by Half Year
  2. 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
    20140.4%
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    Record Year (since 1960) 2014 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.3%0.3%0.3%
    % change38.3%35.6%22.3%
    Record Year2014 (0.4%)2014 (0.4%)1965 (0.4%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING3.65%CONSULTING5.16%
    CONSULTANCY1.38%MANAGEMENT4.64%
    CARE1.27%CONSULTANCY3.50%
    LONDON1.15%PROPERTY2.66%
    MANAGEMENT1.04%TRADING2.03%
    CONSTRUCTION0.73%ENGINEERING1.99%
    ELECTRICAL0.69%CONSTRUCTION1.93%
    CONSULTANTS0.65%LONDON1.93%
    HEALTHCARE0.65%CARE1.85%
    BUSINESS0.61%DESIGN1.75%
    S0.61%CONSULTANTS1.73%
    BUILDING0.61%BUSINESS1.69%
    ESSEX0.61%PROPERTIES1.63%
    TRADING0.58%TRANSPORT1.58%
    HEALTH0.54%GLOBAL1.55%
    ENGINEERING0.54%INVESTMENTS1.55%
    MAINTENANCE0.46%J1.51%
    J0.46%ASSOCIATES1.48%
    MEDIA0.46%MEDIA1.44%
    R0.46%ELECTRICAL1.40%
    CO0.42%IT1.33%
    PROPERTY0.42%DEVELOPMENTS1.33%
    ENTERPRISES0.42%BUILDING1.26%
    ASSOCIATES0.42%M1.24%
    LOGISTICS0.42%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied743261,557
    62020 - Information technology consultancy activities11729,029
    82990 - Other business support service activities not elsewhere classified9757,421
    99999 - Dormant Company8648,436
    96090 - Other service activities not elsewhere classified8428,352
    70229 - Management consultancy activities other than financial management7640,250
    74909 - Other professional, scientific and technical activities not elsewhere classified5019,058
    86900 - Other human health activities5011,292
    74990 - Non-trading company3514,351
    43999 - Other specialised construction activities not elsewhere classified358,533
    69201 - Accounting and auditing activities347,415
    43390 - Other building completion and finishing325,855
    88990 - Other social work activities without accommodation not elsewhere classified304,170
    86101 - Hospital activities303,357
    43210 - Electrical installation266,050
    62090 - Other information technology service activities2513,024
    43220 - Plumbing, heat and air-conditioning installation245,075
    47990 - Other retail sale not in stores, stalls or markets246,286
    41100 - Development of building projects2410,527
    49410 - Freight transport by road249,265

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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