BenchmarklyAll benchmarks

Restaurant companies in the Romford area

342 restaurant companies have a registered office in the Romford area (RM postcodes), and 116 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £11,084 in cash and owed £40,608 at year end.

Companies House register, 1 September 2026, and accounts filed in the last twelve months. Compared with the official category “Licenced restaurants” (SIC 56101). Covers companies with a registered office in RM postcodes.

The numbers

Restaurant companies in the Romford area (RM postcodes) compared with the same category across the UK. Typical figures are medians.
MeasureRomfordUK
Registered companies34254,142
Formed in 2025 or 2026116 (34%)27%
Being struck off or in liquidation65 (19%)21%
Typical cash at year end£11,08451 accounts£23,201
Typical amount owed at year end£40,608128 accounts£62,010
Typical number of employees3131 accounts6

What this means if you’re starting one

More of these companies are closing than in most trades

19% of restaurant companies in the Romford area (RM postcodes) are currently being struck off, against 9.6% of all companies there. Nationally that rate is higher than 96% of UK industries.

Closures run high here. It is a churn signal, not a survival rate, but it means the common failure points are worth learning before you start.

the Romford area (RM postcodes) has fewer of these businesses than most places

Restaurant companies are 0.62% of companies registered in the Romford area (RM postcodes), against 0.99% UK-wide (0.6× the national share).

That could be a gap or a sign of weak demand. The register cannot tell which.

Cash is tight in this trade

At year end the typical restaurant company in the Romford area (RM postcodes) holds £11,084 in cash and owes £40,608; that cash figure is lower than 54% of UK industries.

Typical operators end the year holding less cash than they owe, so there is little slack if takings dip or a big bill lands early.

Planning a business like this in Romford?

Answer two questions about your customer and what makes you different, and get a free three-week plan to test the idea before you spend real money. No account or card.

Check my idea

What these figures can’t tell you

Companies are counted where their registered office is, which may be an accountant or a home address rather than a shop. Sole traders and partnerships are not on the register, and electronically filed accounts cover roughly 60–75% of accounts filed each year. The figures describe companies that exist; they cannot prove demand for your idea or predict whether it will work. How the figures are built.

Restaurant in other places

Other businesses in Romford

All business benchmarks in Romford