Barking, Essex
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company registrations in Barking when compared to any previous Q3.
- Q3 2010 was a record quarter for company registrations in Barking when compared to any quarter in history.
- September 2010 saw a new record in company registrations in Barking when compared to any previous September.
- August 2010 saw a new record in company registrations in Barking when compared to any previous August.
- July 2010 saw a new record in company registrations in Barking when compared to any previous July.
- Q3 2010 saw a new record in UK company share in Barking when compared to any previous Q3.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company registrations in Barking when compared to any previous Q3.
Q3 2010 was a record quarter for company registrations in Barking when compared to any quarter in history.
A total of 176 companies were registered in Barking during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 15.0% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Barking UK 2010 176 101,492 2009 153 94,671 % change 15.0% 7.2% Record Year 2010 (176) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company registrations in Barking when compared to any previous September.
August 2010 saw a new record in company registrations in Barking when compared to any previous August.
July 2010 saw a new record in company registrations in Barking when compared to any previous July.
New Companies by Month
July August September New companies in 2010 57 55 64 New companies in 2009 46 46 61 % change 23.9% 19.6% 4.9% Record Year 2010 (57) 2010 (55) 2010 (64)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 136 companies were dissolved in Barking during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 1.5% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Barking UK 2010 136 87,705 2009 134 159,401 % change 1.5% -45.0% Record Year 2002 (167) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 35 44 57 Closed companies in 2009 22 44 68 % change 59.1% 0.0% -16% Record Year 2002 (145) 2009 (44) 2009 (68)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Barking during the third quarter of 2010 (Jul 2010 - Sep 2010) was 40 companies.
third quarter (Jul 2010 - Sep 2010) Barking UK 2010 40 13,787 2009 19 -64,730 Record Year 2008 (81) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 22 11 7 Net growth in 2009 24 2 -7 Record Year 2008 (41) 1999 (14) 2008 (33)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Barking formed 0.2% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Barking 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 2010 (0.2%) Company Share by Quarter
Q3 2010 saw a new record in UK company share in Barking when compared to any previous Q3.
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.1% 0.2% 0.2% % change 15.2% 8.5% 0.6% Record Year 1970 (0.3%) 1963 (0.2%) 1966 (0.3%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 36.7.
The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 0.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Barking was in 1862 when 50.0% of all directors were female.
23.7% of all director appointments in Barking in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 2.00% MANAGEMENT 5.06% CONSULTANCY 1.20% CONSULTING 4.99% GLOBAL 1.20% CONSULTANCY 3.12% CONSTRUCTION 1.20% PROPERTY 2.38% SECURITY 1.20% TRADING 2.04% MANAGEMENT 1.20% ASSOCIATES 2.01% CONSULTANTS 1.10% DESIGN 1.93% ENTERPRISE 0.80% CONSTRUCTION 1.86% IT 0.80% BUSINESS 1.80% BUSINESS 0.80% MEDIA 1.75% CONSULTING 0.80% CONSULTANTS 1.73% COLLEGE 0.60% LONDON 1.59% CO 0.60% ENGINEERING 1.59% STAR 0.60% INVESTMENTS 1.49% CLEANING 0.60% CARE 1.44% EAST 0.50% J 1.44% D 0.50% INTERNATIONAL 1.43% TRADING 0.50% GLOBAL 1.42% ASSOCIATES 0.50% IT 1.35% S 0.50% PROPERTIES 1.35% TRADERS 0.50% BUILDING 1.32% INTERNATIONAL 0.50% ELECTRICAL 1.30% ENGINEERING 0.50% M 1.28% (LONDON) 0.40% SYSTEMS 1.26% BARKING 0.40% S 1.24%
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 441 202,902 7487 - Other business activities 66 69,802 9305 - Other service activities 24 9,454 9999 - Dormant Company 23 21,484 7260 - Other computer related activities 18 8,967 4521 - General construction & civil engineering 17 7,634 7222 - Other software consultancy and supply 15 8,183 7414 - Business & management consultancy 14 14,940 99999 - Dormant Company 14 14,072 96090 - Other service activities not elsewhere classified 13 7,767 62020 - Information technology consultancy activities 11 8,292 7499 - Non-trading company 11 13,408 74909 - Other professional, scientific and technical activities not elsewhere classified 10 6,460 7412 - Accounting, auditing; tax consult 10 2,672 82990 - Other business support service activities not elsewhere classified 10 25,053 8042 - Adult and other education 10 2,267 7470 - Other cleaning activities 8 1,422 8514 - Other human health activities 8 2,650 4545 - Other building completion 8 2,970 70229 - Management consultancy activities other than financial management 7 13,161
Recent Companies
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Randomly selected companies from this quarter
reports
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