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

  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. 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)BarkingUK
    2010307203,749
    2009294182,021
    % change4.4%11.9%
    Record Year2010 (307)2007 (279,097)
    New Companies by Half Year
  2. 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)BarkingUK
    201016298,612
    200914490,987
    % change12.5%8.4%
    Record Year 2010 (162) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010464967
    New companies in 2009445446
    % change4.5%-9.3%45.7%
    Record Year2010 (46)2009 (54)2010 (67)

Closed Companies (dissolved)

  1. 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)BarkingUK
    2010219177,631
    2009340289,236
    % change-35.6%-38.6%
    Record Year2009 (340)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)BarkingUK
    201011094,954
    2009231181,176
    % change-52.4%-47.6%
    Record Year 2009 (231) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010244640
    Closed companies in 20098010150
    % change-70.0%-54.5%-20%
    Record Year2009 (80)2009 (101)2009 (50)

Net Company Growth

  1. 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)BarkingUK
    20108826,118
    2009-46-107,215
    Record Year2008 (179)2007 (171,296)
    Net Growth by Half Year
  2. 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)BarkingUK
    2010523,658
    2009-87-90,189
    Record Year 2008 (105) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201022327
    Net growth in 2009-36-47-4
    Record Year2008 (27)2008 (34)2008 (44)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1994 (0.2%)
    Company Share by Half Year
  2. 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
    20100.2%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    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.

  3. 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
    AprilMayJune
    UK formation share in 20100.1%0.2%0.2%
    UK formation share in 20090.1%0.2%0.1%
    % change-3.8%-13.5%31.0%
    Record Year2009 (0.1%)1967 (0.2%)2010 (0.2%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    LONDON1.77%MANAGEMENT5.01%
    CONSTRUCTION1.36%CONSULTING4.79%
    CONSULTANCY1.25%CONSULTANCY3.02%
    SECURITY1.25%PROPERTY2.40%
    GLOBAL1.04%ASSOCIATES2.02%
    MANAGEMENT0.94%TRADING2.01%
    COLLEGE0.83%DESIGN1.91%
    CONSULTING0.83%CONSTRUCTION1.85%
    ENTERPRISE0.83%MEDIA1.80%
    D0.63%BUSINESS1.75%
    CO0.63%CONSULTANTS1.71%
    CLEANING0.63%INTERNATIONAL1.59%
    SERVICE0.63%ENGINEERING1.56%
    INTERNATIONAL0.52%LONDON1.52%
    S0.52%INVESTMENTS1.49%
    BUILDERS0.52%J1.46%
    IT0.52%CARE1.41%
    BUSINESS0.52%GLOBAL1.39%
    ASSOCIATES0.52%PROPERTIES1.35%
    J0.52%BUILDING1.33%
    CONTRACTORS0.42%M1.29%
    CO.0.42%IT1.28%
    ACCOUNTANTS0.42%ELECTRICAL1.27%
    40.42%GROUP1.25%
    RESOURCES0.42%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied427207,125
    7487 - Other business activities6368,525
    9999 - Dormant Company2119,842
    9305 - Other service activities208,822
    7260 - Other computer related activities179,122
    4521 - General construction & civil engineering158,262
    99999 - Dormant Company1414,342
    96090 - Other service activities not elsewhere classified137,922
    7414 - Business & management consultancy1214,598
    7499 - Non-trading company1213,997
    62020 - Information technology consultancy activities118,590
    74909 - Other professional, scientific and technical activities not elsewhere classified106,684
    82990 - Other business support service activities not elsewhere classified1025,942
    7222 - Other software consultancy and supply108,285
    8042 - Adult and other education92,059
    7412 - Accounting, auditing; tax consult92,571
    45200 - Maintenance and repair of motor vehicles81,923
    7470 - Other cleaning activities81,327
    43390 - Other building completion and finishing72,417
    86900 - Other human health activities73,450

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240731 I LOVE CRYSTAL LIMITED 30 Apr 2010
    07239634 EDUCATION EXPERTS LONDON LIMITED 29 Apr 2010
    07238832 TELEORDER LIMITED 29 Apr 2010
    07238449 EAST EUROPE FOOD TRADING LTD 29 Apr 2010
    07234953 CTU CONSULTANTS LIMITED 26 Apr 2010
    07234699 A.E.L.V.S LTD 26 Apr 2010
    07232743 NIVEX CONSULTING UK LIMITED 22 Apr 2010
    07231722 GAGIN LTD 22 Apr 2010
    07231435 J.L.F.L. CONSULTANCY LIMITED 22 Apr 2010
    07227442 S & K ASSOCIATES LTD 19 Apr 2010
    07226673 INDEED INFO SOLUTIONS PVT LTD 19 Apr 2010
    07226307 HAIDER BESMA LIMITED 16 Apr 2010
    07226135 MGM CORPORATION LIMITED 16 Apr 2010
    07220957 SILK PROFESSIONAL SERVICES LIMITED 13 Apr 2010
    07219394 CHRIST THE LIGHT INTERNATIONAL MINISTRIES 11 Apr 2010
    07219200 LLOYD GEORGE TRUSTWORTHY SERVICES LIMITED 09 Apr 2010
    07219166 D KEMPTON SECURITY SERVICES LIMITED 09 Apr 2010
    07218574 XCEL EDUCATION (UK) LIMITED 09 Apr 2010
    07216519 TA CONSULTANTS LIMITED 08 Apr 2010
    07216416 MIZDIVAH COLLECTION LTD 08 Apr 2010
    07215839 BONJOUR CONNECT SERVICES LTD 07 Apr 2010
    07214221 HMJ NAILS & BEAUTY BAR LIMITED 07 Apr 2010
    07213867 CONSULTANCY & AGENCY SERVICES LTD 06 Apr 2010
    07213824 SPECTACULARKIDZ DAY NURSERY LTD 06 Apr 2010
    07212710 PREMIUM JEWELLERS LTD 06 Apr 2010