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 07170759 SURE COMFORT LIMITED 26 Feb 2010 07169116 DEVINE CONNECXION PROMOTIONS UK LIMITED 25 Feb 2010 07167072 ACHIVERS CONSULTANCY LTD 24 Feb 2010 07164432 DASAUL MANAGEMENT LIMITED 22 Feb 2010 07163048 RELIABLE-ULTRA LIMITED 19 Feb 2010 07162682 CANAAN2 VENTURES LIMITED 19 Feb 2010 07162620 DARIUS & DARIUS LIMITED 18 Feb 2010 07162196 WHEN YOU DREAM LIMITED 18 Feb 2010 07160912 TRENDSET LIMITED 17 Feb 2010 07160723 CHRIST KINGDOMWELFARE MINISTRIES LTD 17 Feb 2010 07159911 ESSEX GARAGE LTD 17 Feb 2010 07159834 SQUARE GLAZING LTD 17 Feb 2010 07158679 ATHENOMET LIMITED 16 Feb 2010 07158096 PEER2PEER EDUCATION LTD 15 Feb 2010 07158056 FOUR-BITS LTD 15 Feb 2010 07157433 GWMD LIMITED 15 Feb 2010 07156555 ROBERSON BIZ CONSULTANT LIMITED 12 Feb 2010 07156175 CENTRAL LINEN HIRE LIMITED 12 Feb 2010 07155878 G.I.E.T. STUDY ABROAD LIMITED 12 Feb 2010 07155379 BRITANNIA PRODUCTIONS LTD 12 Feb 2010 07152942 A & P ASSET MANAGEMENT LIMITED 10 Feb 2010 07152668 DYNABUILD LIMITED 10 Feb 2010 07147835 HOME CONNECTORS LIMITED 05 Feb 2010 07146667 TANDARTS LIMITED 04 Feb 2010 07142650 STONE SURFACE LIMITED 02 Feb 2010
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