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

  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 (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)BarkingUK
    2010176101,492
    200915394,671
    % change15.0%7.2%
    Record Year 2010 (176) 2003 (107,203)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2010575564
    New companies in 2009464661
    % change23.9%19.6%4.9%
    Record Year2010 (57)2010 (55)2010 (64)

Closed Companies (dissolved)

  1. 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)BarkingUK
    201013687,705
    2009134159,401
    % change1.5%-45.0%
    Record Year 2002 (167) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010354457
    Closed companies in 2009224468
    % change59.1%0.0%-16%
    Record Year2002 (145)2009 (44)2009 (68)

Net Company Growth

  1. 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)BarkingUK
    20104013,787
    200919-64,730
    Record Year 2008 (81) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201022117
    Net growth in 2009242-7
    Record Year2008 (41)1999 (14)2008 (33)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.1%
    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.

  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.1%0.2%0.2%
    % change15.2%8.5%0.6%
    Record Year1970 (0.3%)1963 (0.2%)1966 (0.3%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    LONDON2.00%MANAGEMENT5.06%
    CONSULTANCY1.20%CONSULTING4.99%
    GLOBAL1.20%CONSULTANCY3.12%
    CONSTRUCTION1.20%PROPERTY2.38%
    SECURITY1.20%TRADING2.04%
    MANAGEMENT1.20%ASSOCIATES2.01%
    CONSULTANTS1.10%DESIGN1.93%
    ENTERPRISE0.80%CONSTRUCTION1.86%
    IT0.80%BUSINESS1.80%
    BUSINESS0.80%MEDIA1.75%
    CONSULTING0.80%CONSULTANTS1.73%
    COLLEGE0.60%LONDON1.59%
    CO0.60%ENGINEERING1.59%
    STAR0.60%INVESTMENTS1.49%
    CLEANING0.60%CARE1.44%
    EAST0.50%J1.44%
    D0.50%INTERNATIONAL1.43%
    TRADING0.50%GLOBAL1.42%
    ASSOCIATES0.50%IT1.35%
    S0.50%PROPERTIES1.35%
    TRADERS0.50%BUILDING1.32%
    INTERNATIONAL0.50%ELECTRICAL1.30%
    ENGINEERING0.50%M1.28%
    (LONDON)0.40%SYSTEMS1.26%
    BARKING0.40%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied441202,902
    7487 - Other business activities6669,802
    9305 - Other service activities249,454
    9999 - Dormant Company2321,484
    7260 - Other computer related activities188,967
    4521 - General construction & civil engineering177,634
    7222 - Other software consultancy and supply158,183
    7414 - Business & management consultancy1414,940
    99999 - Dormant Company1414,072
    96090 - Other service activities not elsewhere classified137,767
    62020 - Information technology consultancy activities118,292
    7499 - Non-trading company1113,408
    74909 - Other professional, scientific and technical activities not elsewhere classified106,460
    7412 - Accounting, auditing; tax consult102,672
    82990 - Other business support service activities not elsewhere classified1025,053
    8042 - Adult and other education102,267
    7470 - Other cleaning activities81,422
    8514 - Other human health activities82,650
    4545 - Other building completion82,970
    70229 - Management consultancy activities other than financial management713,161

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07330280 PROXY PROJECT CONSULTANTS LIMITED 29 Jul 2010
    07330128 EXCELLENCE LOCUM SERVICES LIMITED 29 Jul 2010
    07330053 LYSTRA & DERBY INTERNATIONAL LIMITED 29 Jul 2010
    07328854 PATRON APARTMENTS LTD 28 Jul 2010
    07327043 381 ACCOUNTANCY AND BOOKKEEPING SERVICES LTD 27 Jul 2010
    07324993 KIDS WORLD LTD 23 Jul 2010
    07322310 ARITMAT LIMITED 22 Jul 2010
    07318688 BARKING SUPERMARKET I LTD 19 Jul 2010
    07316280 AC DATA LTD 15 Jul 2010
    07313494 LN IT CONSULTANTS LTD 13 Jul 2010
    07312940 PERFECTEST SOLUTIONS LTD 13 Jul 2010
    07311136 3 PHASES CONSULTING LTD 12 Jul 2010
    07310474 ASK GLOBAL LIMITED 09 Jul 2010
    07309679 MPEZENI LIMITED 09 Jul 2010
    07309325 EASYLINK COMMUNICATIONS & CARGO SERVICES LTD 09 Jul 2010
    07308301 CHANETS LIMITED 08 Jul 2010
    07306981 ISYSTEM ENGINEERING LTD 07 Jul 2010
    07306465 A J STORE LTD 07 Jul 2010
    07306267 ADS SECURITY SOLUTION LIMITED 06 Jul 2010
    07303078 NOVUS ALTAIR LIMITED 02 Jul 2010
    07302597 IMAGINE PROPERTIES LIMITED 02 Jul 2010
    07302338 WHIPPS CROSS MOTORS LIMITED 02 Jul 2010
    07302181 SAIF SOLAR (UK) LTD 01 Jul 2010
    07301835 GENUINE IT SOLUTIONS LTD 01 Jul 2010
    07301377 RIDDLE DESIGN UK LIMITED 01 Jul 2010