Overview

This study looks at all companies registered in Outer London and where their total assets are more than £5,000,000. The statutory Outer London boroughs are: Barking and Dagenham, Barnet, Bexley, Brent, Bromley, Croydon, Ealing, Enfield, Haringey, Harrow, Havering, Hillingdon, Hounslow, Kingston upon Thames, Merton, Newham, Redbridge, Richmond upon Thames, Sutton and Waltham Forest. The population in 2011 was 4,942,040. The aim of this study is to provide an overview of the key movers and shakers in the Outer London corporate sector. Only key data has been isolated, particularly the company's net worth and total assets, but also its full name, date incorporated, registered office, activities, shareholders, directors (with date of birth, occupation and nationality) and number of employees. Two indicators of size are used: net worth and total assets. These are preferable to turnover which is influenced by profit margins and whether the companies are capital or labour intensive. For Outer London, total output (GVA) is twice that of Wales and three times that of Northern Ireland. Thus, the total output (GVA) per boroughs was £12.3 billion in Hillingdon; £10.5 billion in Hounslow and £9.4 billion in Barnet. For both Inner and Outer London, the population is 9 million (UK 66 million). The total output (GVA), in 2016, was £408 billion (UK £1,748 billion). The total output (GVA) per head, in 2016, was £46,482 (UK £26,621). Economic Growth (GVA), 2010-2016, was 3.2% (UK 1.9%). The number employed, May-July 2018, was 4,735,000 (UK 32,397,000) with an employment rate of 74.7% (UK 75.5%). The number unemployed was 235,000 (UK 1,361,000) with an unemployment rate of 4.7% (UK 4%). In 2017, there were 140,000 jobs in manufacturing (UK 2,685,000). Manufacturing employment, January-March 2018, was 2.4% of total jobs (UK 7.7%) Public sector employment was 13.6% (UK 16.6%). The number of VAT/PAYE businesses were in 2016: 477,000 (18.7%); in 2017: 506,000 (18.9%) and in 2018: 506,000 (19%). London at 1.1 million and South East England at 874,000 had the most private sector businesses, accounting for 35% of the UK. In 2017, there were 92,300 new businesses (up 15%) and 86,270 businesses ceased trading (up 14%). In 2018, there were 1,096,000 businesses (UK 5,668,000) and 239,000 employers (UK 1,360,000). In the UK, in 2018, there were 1,059 businesses per 10,000 resident adults. In London there were 1,563 businesses per 10,000 residents, the highest number of business density in the UK. London has a stronger service export than the rest of the UK. While London accounts for nearly half of UK service exports, it only accounts for 11% of goods exports, and for 27% of all UK exports. London's service exports are 29% of London's output, compared with 15% for the UK.

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Born in Cullercoats, a graduate of the London School of Economics, he was a research assistant at the University of Essex, assistant at the ECPR Summer School, stipendiat at the Institut für Höhere Studien, Vienna, and was a research fellow at the University of Birmingham. As director at Faxtel International Inc, he published over 30 studies on British industry, the data sections of some are in the British Library. Married with two grown up children, he has now spent some 40 years in corporate research. He has varied interests, from the bagpipes to the works of the artist Robert Jobling; a keen radio amateur, his call sign being G7JDB, and the proud owner of am 1972 Volkswagen Kombi, registered 8VW, which has travelled throughout Europe, from the Tatra mountains of southern Poland to the northernmost tip of Norway.

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