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Romford, Essex

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Romford when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Romford when compared to any previous September.
  • August 2014 saw a new record in company registrations in Romford when compared to any previous August.
  • July 2014 saw a new record in company registrations in Romford when compared to any previous July.
  • July 2014 saw a new record in company closures in Romford when compared to any previous July.
  • September 2014 saw a new record in net growth in Romford when compared to any previous September.
  • August 2014 saw a new record in net growth in Romford when compared to any previous August.
  • July 2014 saw a new record in net growth in Romford when compared to any previous July.

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 2014)

    Q3 2014 saw a new record in company registrations in Romford when compared to any previous Q3.

    A total of 554 companies were registered in Romford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 38.2% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)RomfordUK
    2014554143,414
    2013401132,684
    % change38.2%8.1%
    Record Year 2014 (554) 2014 (143,414)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    September 2014 saw a new record in company registrations in Romford when compared to any previous September.

    August 2014 saw a new record in company registrations in Romford when compared to any previous August.

    July 2014 saw a new record in company registrations in Romford when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014193188173
    New companies in 2013131123147
    % change47.3%52.8%17.7%
    Record Year2014 (193)2014 (188)2014 (173)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 281 companies were dissolved in Romford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 27.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)RomfordUK
    2014281101,670
    201322086,170
    % change27.7%18.0%
    Record Year 2014 (281) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Romford when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 201410472105
    Closed companies in 2013796180
    % change31.6%18.0%31%
    Record Year2014 (104)2008 (104)2009 (120)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Romford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 273 companies.

    third quarter (Jul 2014 - Sep 2014)RomfordUK
    201427341,744
    201318146,514
    Record Year 2014 (273) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    September 2014 saw a new record in net growth in Romford when compared to any previous September.

    August 2014 saw a new record in net growth in Romford when compared to any previous August.

    July 2014 saw a new record in net growth in Romford when compared to any previous July.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20148911668
    Net growth in 2013526267
    Record Year2014 (89)2014 (116)2014 (68)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Romford formed 0.4% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Romford
    20140.4%
    20130.3%
    20120.3%
    20110.3%
    20100.2%
    Record Year (since 1960) 2014 (0.4%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.3%0.3%0.3%
    % change33.9%45.7%8.0%
    Record Year2014 (0.4%)2014 (0.4%)2014 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 38.9.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Romford was in 2005 when 34.6% of all directors were female.

    29.9% of all director appointments in Romford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING4.22%CONSULTING5.17%
    CONSULTANCY1.88%MANAGEMENT4.63%
    CARE1.33%CONSULTANCY3.55%
    LONDON1.26%PROPERTY2.62%
    MANAGEMENT1.19%ENGINEERING2.07%
    CONSTRUCTION0.94%CONSTRUCTION2.05%
    ELECTRICAL0.79%TRADING2.00%
    HEALTHCARE0.69%LONDON1.95%
    BUILDING0.65%CARE1.94%
    S0.61%TRANSPORT1.76%
    CONSULTANTS0.61%DESIGN1.70%
    ENGINEERING0.54%CONSULTANTS1.70%
    J0.54%PROPERTIES1.63%
    HEALTH0.54%BUSINESS1.62%
    PROPERTY0.54%J1.53%
    ESSEX0.51%ELECTRICAL1.53%
    M0.51%GLOBAL1.51%
    TRADING0.51%INVESTMENTS1.50%
    MEDIA0.51%ASSOCIATES1.48%
    MAINTENANCE0.47%MEDIA1.38%
    BUSINESS0.47%CO.,1.36%
    TRAINING0.43%DEVELOPMENTS1.35%
    DEVELOPMENT0.43%BUILDING1.30%
    ASSOCIATES0.40%IT1.30%
    CLEANING0.40%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied820278,481
    62020 - Information technology consultancy activities11729,313
    82990 - Other business support service activities not elsewhere classified9957,264
    96090 - Other service activities not elsewhere classified9128,224
    70229 - Management consultancy activities other than financial management8540,717
    99999 - Dormant Company7848,286
    86900 - Other human health activities6411,807
    74909 - Other professional, scientific and technical activities not elsewhere classified5018,890
    69201 - Accounting and auditing activities407,401
    88990 - Other social work activities without accommodation not elsewhere classified354,382
    43390 - Other building completion and finishing335,786
    86101 - Hospital activities293,680
    74990 - Non-trading company2914,006
    43999 - Other specialised construction activities not elsewhere classified298,501
    41202 - Construction of domestic buildings287,151
    43220 - Plumbing, heat and air-conditioning installation275,083
    43210 - Electrical installation265,922
    62090 - Other information technology service activities2612,795
    49410 - Freight transport by road259,960
    41100 - Development of building projects2510,604

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09113609 CARL EDWARDS ASSOCIATES LTD 03 Jul 2014
    09115333 BURRITO'S HUT LIMITED 03 Jul 2014
    09118487 REMOVALSEU LIMITED 07 Jul 2014
    09121719 FOUNTAIN MANAGEMENT CONSULTANCY LTD 08 Jul 2014
    09126852 ARIT EXPRESS LTD 11 Jul 2014
    09126893 CHICK'N LIMITED 11 Jul 2014
    09128367 ALCO PROJECTS LTD 14 Jul 2014
    09146290 JJK APPADU LIMITED 24 Jul 2014
    09148850 BALTOX LTD 28 Jul 2014
    09153294 PALMER PIPEWORK SERVICES LIMITED 30 Jul 2014
    09117292 CODE PRIMO LTD 04 Jul 2014
    09127158 NW3 ANALYTICS LIMITED 11 Jul 2014
    09151274 BUTTERFLY THE FILM LIMITED 29 Jul 2014
    09109878 RWAY LIMITED 01 Jul 2014
    09112703 JALENA LIMITED 02 Jul 2014
    09118927 UNISOFT LONDON LTD 07 Jul 2014
    09123245 FAIRMONT PROPERTY SERVICES LIMITED 09 Jul 2014
    09125945 LEARNERLANE LTD 11 Jul 2014
    09138677 MATTBEA CARE LIMITED 21 Jul 2014
    09140775 PRISCILLA'S HEALTHCARE LIMITED 21 Jul 2014
    09149418 JUDACES LIMITED 28 Jul 2014
    09156152 REWA AGENCIES LIMITED 31 Jul 2014
    09114350 CIPRIANI TILING LTD. 03 Jul 2014
    09128163 DEBZZ.COM LTD 14 Jul 2014
    09139621 KUMBAZ UK LIMITED 21 Jul 2014

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