Barking, Essex
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company closures in Barking when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 145 companies were registered in Barking during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 3.3% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Barking UK 2010 145 105,137 2009 150 91,034 % change -3.3% 15.5% Record Year 2009 (150) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 45 46 54 New companies in 2009 55 43 52 % change -18.2% 7.0% 3.8% Record Year 2009 (55) 1994 (112) 2002 (58)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 109 companies were dissolved in Barking during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 0.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Barking UK 2010 109 82,677 2009 109 108,060 % change 0.0% -23.5% Record Year 2009 (109) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Barking when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2010 20 44 45 Closed companies in 2009 5 14 90 % change 300.0% 214.3% -50% Record Year 2008 (25) 2010 (44) 2009 (90)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Barking during the first quarter of 2010 (Jan 2010 - Mar 2010) was 36 companies.
first quarter (Jan 2010 - Mar 2010) Barking UK 2010 36 22,460 2009 41 -17,026 Record Year 2008 (74) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 25 2 9 Net growth in 2009 50 29 -38 Record Year 2009 (50) 2009 (29) 2002 (44)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Barking formed 0.1% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Barking 2010 0.1% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1994 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.1% 0.1% UK formation share in 2009 0.2% 0.2% 0.1% % change -24.1% -8.4% -13.7% Record Year 2009 (0.2%) 1994 (1.3%) 1981 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 38.2.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Barking was in 1861 when 40.0% of all directors were female.
25.2% of all director appointments in Barking in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SECURITY 1.51% MANAGEMENT 5.01% LONDON 1.51% CONSULTING 4.60% GLOBAL 1.40% CONSULTANCY 2.87% CONSULTANCY 1.29% PROPERTY 2.50% CONSTRUCTION 1.29% ASSOCIATES 2.04% CONSULTING 0.97% TRADING 1.93% COLLEGE 0.97% DESIGN 1.91% MANAGEMENT 0.86% CONSTRUCTION 1.87% BUSINESS 0.75% MEDIA 1.84% CO 0.75% BUSINESS 1.74% SERVICE 0.65% INTERNATIONAL 1.73% CONTRACTORS 0.65% CONSULTANTS 1.63% CLEANING 0.65% ENGINEERING 1.54% IT 0.54% J 1.48% HEALTH 0.54% LONDON 1.45% INTERNATIONAL 0.54% INVESTMENTS 1.45% TRADING 0.54% GROUP 1.37% TRAINING 0.54% GLOBAL 1.35% TECHNOLOGY 0.43% PROPERTIES 1.35% LAW 0.43% BUILDING 1.34% (LONDON) 0.43% CARE 1.33% M 0.43% ELECTRICAL 1.30% FOOD 0.43% M 1.28% D 0.43% SYSTEMS 1.25% ESSEX 0.43% S 1.23%
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 441 228,645 7487 - Other business activities 55 74,904 9999 - Dormant Company 19 19,948 4521 - General construction & civil engineering 18 9,325 9305 - Other service activities 17 9,038 7260 - Other computer related activities 15 10,331 96090 - Other service activities not elsewhere classified 14 8,154 7222 - Other software consultancy and supply 13 9,659 7499 - Non-trading company 13 15,398 7414 - Business & management consultancy 13 17,003 62020 - Information technology consultancy activities 11 9,943 99999 - Dormant Company 11 13,808 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,143 7470 - Other cleaning activities 10 1,394 4545 - Other building completion 8 3,346 7412 - Accounting, auditing; tax consult 8 2,818 41100 - Development of building projects 8 4,513 8042 - Adult and other education 8 2,041 8514 - Other human health activities 7 2,640 82990 - Other business support service activities not elsewhere classified 7 26,974
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07210111 MON-METRO SOLUTIONS LTD 31 Mar 2010 07209516 GR LIFT SERVICES LIMITED 31 Mar 2010 07208012 ASHANTI GOLD INVESTMENTS LIMITED 30 Mar 2010 07207230 6 TO 8 MED LIMITED 30 Mar 2010 07206393 UMRA PLUS LIMITED 29 Mar 2010 07204649 FUTURE M.O.L.D.S. COMMUNITIES 26 Mar 2010 07204245 KBW TRANSPORT LIMITED 26 Mar 2010 07201869 YOUTHS-IN-DI-NO 24 Mar 2010 07199482 DISCOUNT GROCERY LIMITED 23 Mar 2010 07199186 UNIVERSAL SERVICES INC LTD 23 Mar 2010 07197654 ZAAR LTD 22 Mar 2010 07194928 FASP LTD 18 Mar 2010 07190274 HAYAAT RELIEF LIMITED 16 Mar 2010 07188387 AIRAM LTD 12 Mar 2010 07187489 A STAR GLOBAL UK LIMITED 12 Mar 2010 07186244 LIME REPAIRS (ESSEX) LIMITED 11 Mar 2010 07184366 D'VINE LIMITED 10 Mar 2010 07183561 MEDCON EXPRESS LTD 10 Mar 2010 07181479 TSANG'S FROZEN FOOD LTD 08 Mar 2010 07180675 CAPITAL CITY CONTRACTS LIMITED 06 Mar 2010 07180123 SAMAT STANDARDS LIMITED 05 Mar 2010 07178777 SSYM LTD 04 Mar 2010 07178770 NIKOLAY KRINKOV LTD 04 Mar 2010 07178672 JAMES FRANKLIN UK LIMITED 04 Mar 2010 07176537 EASY SHOPPING ONLINE LTD 03 Mar 2010
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