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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

  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 (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)RomfordUK
    2015639161,156
    2014466150,722
    % change37.1%6.9%
    Record Year 2015 (639) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 2015210199230
    New companies in 2014132160174
    % change59.1%24.4%32.2%
    Record Year2015 (210)2015 (199)2015 (230)

Closed Companies (dissolved)

  1. 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)RomfordUK
    201524489,523
    201421482,370
    % change14.0%8.7%
    Record Year 2015 (244) 2009 (108,066)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2015808480
    Closed companies in 2014786769
    % change2.6%25.4%16%
    Record Year2013 (104)2015 (84)2009 (164)

Net Company Growth

  1. 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)RomfordUK
    201539571,633
    201425268,352
    Record Year 2015 (395) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 2015130115150
    Net growth in 20145493105
    Record Year2015 (130)2015 (115)2015 (150)

UK Company Share

  1. 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
    20150.4%
    20140.3%
    20130.3%
    20120.2%
    20110.3%
    Record Year (since 1960) 2015 (0.4%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.4%0.4%0.4%
    UK formation share in 20140.3%0.3%0.3%
    % change56.0%14.6%20.5%
    Record Year2015 (0.4%)2015 (0.4%)2015 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING4.17%CONSULTING5.23%
    CONSULTANCY1.96%MANAGEMENT4.56%
    CARE1.32%CONSULTANCY3.62%
    LONDON1.19%PROPERTY2.72%
    MANAGEMENT1.16%CONSTRUCTION2.19%
    CONSTRUCTION1.09%CARE2.13%
    ELECTRICAL0.83%ENGINEERING2.12%
    J0.77%LONDON1.91%
    BUILDING0.67%TRADING1.88%
    PROPERTY0.67%TRANSPORT1.82%
    ESSEX0.67%ELECTRICAL1.76%
    M0.67%DESIGN1.65%
    GLOBAL0.51%PROPERTIES1.63%
    IT0.51%CO.,1.58%
    HEALTHCARE0.51%J1.55%
    TRAINING0.51%CONSULTANTS1.54%
    TRADING0.51%BUSINESS1.49%
    HEALTH0.48%INVESTMENTS1.49%
    PROFESSIONAL0.45%GLOBAL1.46%
    S0.45%ASSOCIATES1.44%
    BUSINESS0.45%DEVELOPMENTS1.36%
    DESIGN0.42%BUILDING1.31%
    D0.42%IT1.30%
    CORPORATION0.42%MEDIA1.28%
    PLUMBING0.42%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied874288,953
    62020 - Information technology consultancy activities11530,825
    82990 - Other business support service activities not elsewhere classified10458,522
    70229 - Management consultancy activities other than financial management10143,081
    96090 - Other service activities not elsewhere classified10129,218
    99999 - Dormant Company8949,474
    86900 - Other human health activities8513,990
    69201 - Accounting and auditing activities727,682
    86101 - Hospital activities525,043
    74909 - Other professional, scientific and technical activities not elsewhere classified4319,098
    43390 - Other building completion and finishing406,052
    62090 - Other information technology service activities3812,862
    41202 - Construction of domestic buildings327,797
    88990 - Other social work activities without accommodation not elsewhere classified315,014
    49410 - Freight transport by road3112,485
    41100 - Development of building projects3011,863
    43210 - Electrical installation306,139
    43220 - Plumbing, heat and air-conditioning installation295,331
    47910 - Retail sale via mail order houses or via Internet2810,200
    74990 - Non-trading company2813,794

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09374369 DIAL SQUARE SURVEYING SERVICES LTD 05 Jan 2015
    09380116 PANDORA IMAGES LIMITED 08 Jan 2015
    09384273 NICE SYSTEMS CONSULTANCY LIMITED 12 Jan 2015
    09386744 BLEES GOLD LTD 13 Jan 2015
    09387267 ROMFORD 1964 LIMITED 13 Jan 2015
    09393365 P J NAYLOR LIMITED 16 Jan 2015
    09411946 S.D. LEE PLUMBING & HEATING LTD 29 Jan 2015
    09412100 FURNITEC LTD 29 Jan 2015
    09413307 RENEWABLE NATURAL RESOURCES LTD 29 Jan 2015
    09414401 DK PROPERTIES SOLUTIONS LIMITED 30 Jan 2015
    09378515 CJA CONTRACTS LIMITED 08 Jan 2015
    09395811 FUZZY LOGIC LTD 19 Jan 2015
    09396368 ABBEYRA LTD 20 Jan 2015
    09396636 WILTON APARTMENTS LTD 20 Jan 2015
    09381568 ACOOPS INVESTMENT LIMITED 09 Jan 2015
    09384702 BUMBLE BEE ESSEX LIMITED 12 Jan 2015
    09385077 PARKWAY BUSINESS SEVICES LIMITED 12 Jan 2015
    09388626 YOUPOST LTD 14 Jan 2015
    09389387 MOROK BUILDING SERVICES LTD. 14 Jan 2015
    09395792 IFIX PLUMBING AND HEATING LIMITED 19 Jan 2015
    09397667 D & D PATEL LIMITED 20 Jan 2015
    09398379 SPACE STAR 24/7 LTD 20 Jan 2015
    09409063 CRIS AND MARI LTD 27 Jan 2015
    09411062 RESOURCING NEXT LIMITED 28 Jan 2015
    09387581 KP-SERVICES LTD 14 Jan 2015

Duport Associates Ltd