Romford, Essex
Q1 2015 Business Confidence Report

Headlines
- Q1 2015 saw a new record in company registrations in Romford when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Romford when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Romford when compared to any previous March.
- March 2015 was a record month for company registrations in Romford when compared to any month in history.
- February 2015 saw a new record in company registrations in Romford when compared to any previous February.
- January 2015 saw a new record in company registrations in Romford when compared to any previous January.
- February 2015 saw a new record in company closures in Romford when compared to any previous February.
- March 2015 saw a new record in net growth in Romford when compared to any previous March.
- February 2015 saw a new record in net growth in Romford when compared to any previous February.
- January 2015 saw a new record in net growth in Romford when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Romford when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Romford when compared to any quarter in history.
A total of 639 companies were registered in Romford during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 37.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Romford UK 2015 639 161,156 2014 466 150,722 % change 37.1% 6.9% Record Year 2015 (639) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Romford when compared to any previous March.
March 2015 was a record month for company registrations in Romford when compared to any month in history.
February 2015 saw a new record in company registrations in Romford when compared to any previous February.
January 2015 saw a new record in company registrations in Romford when compared to any previous January.
New Companies by Month
January February March New companies in 2015 210 199 230 New companies in 2014 132 160 174 % change 59.1% 24.4% 32.2% Record Year 2015 (210) 2015 (199) 2015 (230)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 244 companies were dissolved in Romford during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 14.0% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Romford UK 2015 244 89,523 2014 214 82,370 % change 14.0% 8.7% Record Year 2015 (244) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Romford when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 80 84 80 Closed companies in 2014 78 67 69 % change 2.6% 25.4% 16% Record Year 2013 (104) 2015 (84) 2009 (164)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Romford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 395 companies.
first quarter (Jan 2015 - Mar 2015) Romford UK 2015 395 71,633 2014 252 68,352 Record Year 2015 (395) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in net growth in Romford when compared to any previous March.
February 2015 saw a new record in net growth in Romford when compared to any previous February.
January 2015 saw a new record in net growth in Romford when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 130 115 150 Net growth in 2014 54 93 105 Record Year 2015 (130) 2015 (115) 2015 (150)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Romford formed 0.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Romford 2015 0.4% 2014 0.3% 2013 0.3% 2012 0.2% 2011 0.3% Record Year (since 1960) 2015 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.3% 0.3% 0.3% % change 56.0% 14.6% 20.5% Record Year 2015 (0.4%) 2015 (0.4%) 2015 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 39.0.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Romford was in 2013 when 33.3% of all directors were female.
29.8% of all director appointments in Romford in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 4.17% CONSULTING 5.23% CONSULTANCY 1.96% MANAGEMENT 4.56% CARE 1.32% CONSULTANCY 3.62% LONDON 1.19% PROPERTY 2.72% MANAGEMENT 1.16% CONSTRUCTION 2.19% CONSTRUCTION 1.09% CARE 2.13% ELECTRICAL 0.83% ENGINEERING 2.12% J 0.77% LONDON 1.91% BUILDING 0.67% TRADING 1.88% PROPERTY 0.67% TRANSPORT 1.82% ESSEX 0.67% ELECTRICAL 1.76% M 0.67% DESIGN 1.65% GLOBAL 0.51% PROPERTIES 1.63% IT 0.51% CO., 1.58% HEALTHCARE 0.51% J 1.55% TRAINING 0.51% CONSULTANTS 1.54% TRADING 0.51% BUSINESS 1.49% HEALTH 0.48% INVESTMENTS 1.49% PROFESSIONAL 0.45% GLOBAL 1.46% S 0.45% ASSOCIATES 1.44% BUSINESS 0.45% DEVELOPMENTS 1.36% DESIGN 0.42% BUILDING 1.31% D 0.42% IT 1.30% CORPORATION 0.42% MEDIA 1.28% PLUMBING 0.42% M 1.27%
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 874 288,953 62020 - Information technology consultancy activities 115 30,825 82990 - Other business support service activities not elsewhere classified 104 58,522 70229 - Management consultancy activities other than financial management 101 43,081 96090 - Other service activities not elsewhere classified 101 29,218 99999 - Dormant Company 89 49,474 86900 - Other human health activities 85 13,990 69201 - Accounting and auditing activities 72 7,682 86101 - Hospital activities 52 5,043 74909 - Other professional, scientific and technical activities not elsewhere classified 43 19,098 43390 - Other building completion and finishing 40 6,052 62090 - Other information technology service activities 38 12,862 41202 - Construction of domestic buildings 32 7,797 88990 - Other social work activities without accommodation not elsewhere classified 31 5,014 49410 - Freight transport by road 31 12,485 41100 - Development of building projects 30 11,863 43210 - Electrical installation 30 6,139 43220 - Plumbing, heat and air-conditioning installation 29 5,331 47910 - Retail sale via mail order houses or via Internet 28 10,200 74990 - Non-trading company 28 13,794
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09372278 MAMA ZETTA COMPANY LIMITED 02 Jan 2015 09376184 ONCOPLASTIC LONDON LIMITED 06 Jan 2015 09376856 RED BIKE LIMITED 07 Jan 2015 09393365 P J NAYLOR LIMITED 16 Jan 2015 09393373 WHITE ELEPHANT INVESTMENTS LIMITED 16 Jan 2015 09402529 I INTERIORS (UK) LIMITED 22 Jan 2015 09406378 LID ART LIMITED 26 Jan 2015 09411151 MR SOFTWARE TESTING SERVICES LIMITED 28 Jan 2015 09411946 S.D. LEE PLUMBING & HEATING LTD 29 Jan 2015 09411991 D.R. LEE PLUMBING & HEATING LTD 29 Jan 2015 09413307 RENEWABLE NATURAL RESOURCES LTD 29 Jan 2015 09415572 GMO PLUMBING LTD 30 Jan 2015 09378515 CJA CONTRACTS LIMITED 08 Jan 2015 09396584 MATHEYRA LTD 20 Jan 2015 09396611 MAYU LTD 20 Jan 2015 09400757 MK SALES TRAINING LIMITED 22 Jan 2015 09406698 21 MCINTOSH ROAD (FREEHOLD) LIMITED 26 Jan 2015 09373144 ALL FROCKED OUT LIMITED 05 Jan 2015 09381568 ACOOPS INVESTMENT LIMITED 09 Jan 2015 09383236 CARINE MAMPUYA LTD 12 Jan 2015 09383430 AAL HEALTHCARE LTD 12 Jan 2015 09387606 ASLLANI LTD 14 Jan 2015 09383191 SIGNATURE LAND AND HOMES LTD 12 Jan 2015 09389198 IMI GAMES LIMITED 14 Jan 2015 09390666 VP PORTALS LIMITED 15 Jan 2015
reports
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