Barking, Essex
2010 Half Year Business Confidence Report
Headlines
- The first half of 2010 saw a new record in company registrations in Barking when compared to any previous first half year.
- The first half of 2010 was a record first half year for company registrations in Barking when compared to any half year in history.
- Q2 2010 saw a new record in company registrations in Barking when compared to any previous Q2.
- Q2 2010 was a record quarter for company registrations in Barking when compared to any quarter in history.
- June 2010 saw a new record in company registrations in Barking when compared to any previous June.
- April 2010 saw a new record in company registrations in Barking when compared to any previous April.
- Q2 2010 saw a new record in UK company share in Barking when compared to any previous Q2.
- June 2010 saw a new record in UK company share in Barking when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company registrations in Barking when compared to any previous first half year.
The first half of 2010 was a record first half year for company registrations in Barking when compared to any half year in history.
In the first half of 2010 a total of 307 companies were formed in Barking. This figure is 4.4% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Barking occurred in 2010 when a total of 307 were formed.
Half Year (Jan-Jun) Barking UK 2010 307 203,749 2009 294 182,021 % change 4.4% 11.9% Record Year 2010 (307) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company registrations in Barking when compared to any previous Q2.
Q2 2010 was a record quarter for company registrations in Barking when compared to any quarter in history.
A total of 162 companies were registered in Barking during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 12.5% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Barking UK 2010 162 98,612 2009 144 90,987 % change 12.5% 8.4% Record Year 2010 (162) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Barking when compared to any previous June.
April 2010 saw a new record in company registrations in Barking when compared to any previous April.
New Companies by Month
April May June New companies in 2010 46 49 67 New companies in 2009 44 54 46 % change 4.5% -9.3% 45.7% Record Year 2010 (46) 2009 (54) 2010 (67)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 219 companies were dissolved in Barking. This figure is 35.6% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Barking occurred in 2009 when a total of 340 were closed.
Half Year (Jan-Jun) Barking UK 2010 219 177,631 2009 340 289,236 % change -35.6% -38.6% Record Year 2009 (340) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 110 companies were dissolved in Barking during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 52.4% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Barking UK 2010 110 94,954 2009 231 181,176 % change -52.4% -47.6% Record Year 2009 (231) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 24 46 40 Closed companies in 2009 80 101 50 % change -70.0% -54.5% -20% Record Year 2009 (80) 2009 (101) 2009 (50)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Barking increased by 88 companies.
Half Year (Jan-Jun) Barking UK 2010 88 26,118 2009 -46 -107,215 Record Year 2008 (179) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Barking during the second quarter of 2010 (Apr 2010 - Jun 2010) was 52 companies.
second quarter (Apr 2010 - Jun 2010) Barking UK 2010 52 3,658 2009 -87 -90,189 Record Year 2008 (105) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 22 3 27 Net growth in 2009 -36 -47 -4 Record Year 2008 (27) 2008 (34) 2008 (44)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Barking formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jan-Jun) Barking 2010 0.2% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1994 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Barking formed 0.2% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Barking 2010 0.2% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 2010 (0.2%) Company Share by Quarter
Q2 2010 saw a new record in UK company share in Barking when compared to any previous Q2.
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in UK company share in Barking when compared to any previous June.
Company Share by Month
April May June UK formation share in 2010 0.1% 0.2% 0.2% UK formation share in 2009 0.1% 0.2% 0.1% % change -3.8% -13.5% 31.0% Record Year 2009 (0.1%) 1967 (0.2%) 2010 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 38.3.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 0.3% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 38.3.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 0.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Barking was 1861 when 40.0% of all directors were female.
22.9% of all director appointments in Barking in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Barking was in 1866 when 66.7% of all directors were female.
20.5% of all director appointments in Barking in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.77% MANAGEMENT 5.01% CONSTRUCTION 1.36% CONSULTING 4.79% CONSULTANCY 1.25% CONSULTANCY 3.02% SECURITY 1.25% PROPERTY 2.40% GLOBAL 1.04% ASSOCIATES 2.02% MANAGEMENT 0.94% TRADING 2.01% COLLEGE 0.83% DESIGN 1.91% CONSULTING 0.83% CONSTRUCTION 1.85% ENTERPRISE 0.83% MEDIA 1.80% D 0.63% BUSINESS 1.75% CO 0.63% CONSULTANTS 1.71% CLEANING 0.63% INTERNATIONAL 1.59% SERVICE 0.63% ENGINEERING 1.56% INTERNATIONAL 0.52% LONDON 1.52% S 0.52% INVESTMENTS 1.49% BUILDERS 0.52% J 1.46% IT 0.52% CARE 1.41% BUSINESS 0.52% GLOBAL 1.39% ASSOCIATES 0.52% PROPERTIES 1.35% J 0.52% BUILDING 1.33% CONTRACTORS 0.42% M 1.29% CO. 0.42% IT 1.28% ACCOUNTANTS 0.42% ELECTRICAL 1.27% 4 0.42% GROUP 1.25% RESOURCES 0.42% DEVELOPMENTS 1.25%
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 427 207,125 7487 - Other business activities 63 68,525 9999 - Dormant Company 21 19,842 9305 - Other service activities 20 8,822 7260 - Other computer related activities 17 9,122 4521 - General construction & civil engineering 15 8,262 99999 - Dormant Company 14 14,342 96090 - Other service activities not elsewhere classified 13 7,922 7414 - Business & management consultancy 12 14,598 7499 - Non-trading company 12 13,997 62020 - Information technology consultancy activities 11 8,590 74909 - Other professional, scientific and technical activities not elsewhere classified 10 6,684 82990 - Other business support service activities not elsewhere classified 10 25,942 7222 - Other software consultancy and supply 10 8,285 8042 - Adult and other education 9 2,059 7412 - Accounting, auditing; tax consult 9 2,571 45200 - Maintenance and repair of motor vehicles 8 1,923 7470 - Other cleaning activities 8 1,327 43390 - Other building completion and finishing 7 2,417 86900 - Other human health activities 7 3,450
Recent Companies
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Randomly selected companies from this quarter
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