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

  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 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)BarkingUK
    2010145105,137
    200915091,034
    % change-3.3%15.5%
    Record Year 2009 (150) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010454654
    New companies in 2009554352
    % change-18.2%7.0%3.8%
    Record Year2009 (55)1994 (112)2002 (58)

Closed Companies (dissolved)

  1. 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)BarkingUK
    201010982,677
    2009109108,060
    % change0.0%-23.5%
    Record Year 2009 (109) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010204445
    Closed companies in 200951490
    % change300.0%214.3%-50%
    Record Year2008 (25)2010 (44)2009 (90)

Net Company Growth

  1. 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)BarkingUK
    20103622,460
    200941-17,026
    Record Year 2008 (74) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20102529
    Net growth in 20095029-38
    Record Year2009 (50)2009 (29)2002 (44)

UK Company Share

  1. 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
    20100.1%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1994 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.1%0.1%
    UK formation share in 20090.2%0.2%0.1%
    % change-24.1%-8.4%-13.7%
    Record Year2009 (0.2%)1994 (1.3%)1981 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    SECURITY1.51%MANAGEMENT5.01%
    LONDON1.51%CONSULTING4.60%
    GLOBAL1.40%CONSULTANCY2.87%
    CONSULTANCY1.29%PROPERTY2.50%
    CONSTRUCTION1.29%ASSOCIATES2.04%
    CONSULTING0.97%TRADING1.93%
    COLLEGE0.97%DESIGN1.91%
    MANAGEMENT0.86%CONSTRUCTION1.87%
    BUSINESS0.75%MEDIA1.84%
    CO0.75%BUSINESS1.74%
    SERVICE0.65%INTERNATIONAL1.73%
    CONTRACTORS0.65%CONSULTANTS1.63%
    CLEANING0.65%ENGINEERING1.54%
    IT0.54%J1.48%
    HEALTH0.54%LONDON1.45%
    INTERNATIONAL0.54%INVESTMENTS1.45%
    TRADING0.54%GROUP1.37%
    TRAINING0.54%GLOBAL1.35%
    TECHNOLOGY0.43%PROPERTIES1.35%
    LAW0.43%BUILDING1.34%
    (LONDON)0.43%CARE1.33%
    M0.43%ELECTRICAL1.30%
    FOOD0.43%M1.28%
    D0.43%SYSTEMS1.25%
    ESSEX0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied441228,645
    7487 - Other business activities5574,904
    9999 - Dormant Company1919,948
    4521 - General construction & civil engineering189,325
    9305 - Other service activities179,038
    7260 - Other computer related activities1510,331
    96090 - Other service activities not elsewhere classified148,154
    7222 - Other software consultancy and supply139,659
    7499 - Non-trading company1315,398
    7414 - Business & management consultancy1317,003
    62020 - Information technology consultancy activities119,943
    99999 - Dormant Company1113,808
    74909 - Other professional, scientific and technical activities not elsewhere classified107,143
    7470 - Other cleaning activities101,394
    4545 - Other building completion83,346
    7412 - Accounting, auditing; tax consult82,818
    41100 - Development of building projects84,513
    8042 - Adult and other education82,041
    8514 - Other human health activities72,640
    82990 - Other business support service activities not elsewhere classified726,974

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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