Barking, Essex

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Barking when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Barking when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company registrations in Barking when compared to any half year in history.
  • Q4 2010 saw a new record in company registrations in Barking when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Barking when compared to any previous November.
  • October 2010 saw a new record in company registrations in Barking when compared to any previous October.
  • The second half of 2010 saw a new record in company closures in Barking when compared to any previous second half year.
  • Q4 2010 saw a new record in company closures in Barking when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Barking when compared to any previous November.
  • October 2010 saw a new record in company closures in Barking when compared to any previous October.
  • The second half of 2010 saw a new record in UK company share in Barking when compared to any previous second half year.

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. Annual Data (2010)

    2010 was a record year for company registrations in Barking when compared to any year in history.

    A total of 636 companies were formed in Barking in 2010. This total is 9.7% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBarkingUK
    2010636400,358
    2009580362,675
    2008516349,203
    2007449457,649
    2006405405,440
    Record Year2010 (636)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Barking when compared to any previous second half year.

    The second half of 2010 was a record second half year for company registrations in Barking when compared to any half year in history.

    In the second half of 2010 a total of 329 companies were formed in Barking. This figure is 15.0% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Barking occurred in 2010 when a total of 329 were formed.

    Half Year (Jul-Dec)BarkingUK
    2010329196,609
    2009286180,654
    % change15.0%8.8%
    Record Year2010 (329)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Barking when compared to any previous Q4.

    A total of 153 companies were registered in Barking during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 15.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BarkingUK
    201015395,117
    200913385,983
    % change15.0%10.6%
    Record Year 2010 (153) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Barking when compared to any previous November.

    October 2010 saw a new record in company registrations in Barking when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010655236
    New companies in 2009514537
    % change27.5%15.6%-2.7%
    Record Year2010 (65)2010 (52)2008 (38)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 462 companies were dissolved in Barking in 2010. This total is 17.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBarkingUK
    2010462342,232
    2009561533,773
    2008169237,901
    2007229220,295
    2006233200,166
    Record Year2009 (561)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Barking when compared to any previous second half year.

    In the second half of 2010 a total of 243 companies were dissolved in Barking. This figure is 10.0% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Barking occurred in 2010 when a total of 243 were closed.

    Half Year (Jul-Dec)BarkingUK
    2010243164,601
    2009221244,537
    % change10.0%-32.7%
    Record Year2010 (243)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Barking when compared to any previous Q4.

    A total of 107 companies were dissolved in Barking during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 23.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BarkingUK
    201010776,896
    20098785,136
    % change23.0%-9.7%
    Record Year 2010 (107) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Barking when compared to any previous November.

    October 2010 saw a new record in company closures in Barking when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010574010
    Closed companies in 2009293127
    % change96.6%29.0%-63%
    Record Year2010 (57)2010 (40)2009 (27)

Net Company Growth

  1. Annual Data (2010)

    A total of 174 companies were added to the company register for Barking in 2010. This number represents growth of 30.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 155 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Barking company register grew by 347 companies.

    YearBarkingUK
    201017458,126
    200919-171,098
    2008347111,302
    2007220237,354
    2006172205,274
    Record Year2008 (347)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Barking increased by 86 companies.

    Half Year (Jul-Dec)BarkingUK
    20108632,008
    200965-63,883
    Record Year2008 (168)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Barking during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 46 companies.

    fourth quarter (Oct 2010 - Dec 2010)BarkingUK
    20104618,221
    200946847
    Record Year 2008 (87) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201081226
    Net growth in 2009221410
    Record Year2008 (36)2008 (24)2008 (27)

UK Company Share

  1. Annual Data (2010)

    In 2010 Barking formed 0.2% of all UK companies. This is no change on 2009 when Barking was responsible for 0.2% of all UK companies.

    YearBarking
    20100.2%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)2009 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in UK company share in Barking when compared to any previous second half year.

    In the second half of 2010 Barking formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Barking
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 2010 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Barking formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Barking
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.2%0.1%0.1%
    % change11.6%3.3%-7.4%
    Record Year1966 (0.5%)1961 (0.3%)1968 (0.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 37.2.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 0.4% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 36.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 0.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 35.8.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.0%.

    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. Annual Data (2010)

    The record year for female directors in Barking was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Barking in 2010 was 17.3%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Barking was 1860 when 42.9% of all directors were female.

    21.0% of all director appointments in Barking in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Barking was in 1977 when 31.1% of all directors were female.

    18.0% of all director appointments in Barking in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LONDON1.94%CONSULTING5.06%
    CONSULTANTS1.45%MANAGEMENT5.01%
    CONSULTANCY1.36%CONSULTANCY3.14%
    SECURITY1.16%PROPERTY2.36%
    MANAGEMENT1.16%TRADING2.11%
    GLOBAL1.16%ASSOCIATES1.95%
    IT0.97%DESIGN1.92%
    ENTERPRISE0.97%BUSINESS1.82%
    COLLEGE0.78%CONSTRUCTION1.82%
    BUSINESS0.78%CONSULTANTS1.76%
    CONSTRUCTION0.68%MEDIA1.71%
    CO0.68%ENGINEERING1.62%
    CONSULTING0.68%LONDON1.60%
    BARKING0.68%CARE1.45%
    TRADERS0.58%INVESTMENTS1.44%
    EAST0.58%GLOBAL1.43%
    WORLD0.58%J1.42%
    ENGINEERING0.58%IT1.41%
    STAR0.48%PROPERTIES1.34%
    S0.48%INTERNATIONAL1.34%
    TRADING0.48%BUILDING1.34%
    INTERNATIONAL0.48%M1.30%
    ASSOCIATES0.48%ELECTRICAL1.25%
    CLEANING0.48%SYSTEMS1.24%
    TRAINING0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied437199,572
    7487 - Other business activities6463,348
    9305 - Other service activities268,858
    9999 - Dormant Company2520,144
    96090 - Other service activities not elsewhere classified198,799
    7260 - Other computer related activities168,089
    62020 - Information technology consultancy activities169,177
    99999 - Dormant Company1416,285
    7414 - Business & management consultancy1313,474
    7222 - Other software consultancy and supply137,298
    4521 - General construction & civil engineering136,598
    82990 - Other business support service activities not elsewhere classified1127,550
    8042 - Adult and other education102,142
    7470 - Other cleaning activities91,315
    7499 - Non-trading company912,000
    86900 - Other human health activities83,700
    74909 - Other professional, scientific and technical activities not elsewhere classified87,088
    8514 - Other human health activities82,450
    43390 - Other building completion and finishing82,522
    62090 - Other information technology service activities86,330

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07422627 GRACE WORLD OF CREATIVITY FOR YOUNG PEOPLE & WOMEN LIMITED 28 Oct 2010
    07422478 FUTURE GENERATION SOLUTIONS LIMITED 28 Oct 2010
    07420617 KAIZEN DESIGNS LTD. 27 Oct 2010
    07418626 CAFE DE LA MANCHE LIMITED 25 Oct 2010
    07417861 SEO ONLINE LIMITED 25 Oct 2010
    07416984 ROUTE77 ENERGY LTD 22 Oct 2010
    07416555 MASTER BLINDS LTD 22 Oct 2010
    07414280 LASHYA LIMITED 20 Oct 2010
    07412782 WESTERN EYE (UK) LIMITED 19 Oct 2010
    07412345 GREATWALL TRADING LIMITED 19 Oct 2010
    07410190 TIGER CONSTRUCTION (ENFIELD) LIMITED 18 Oct 2010
    07410090 FUTURE VISION CONSULTANTS LIMITED 18 Oct 2010
    07409856 RUPAM IT SERVICES LIMITED 18 Oct 2010
    07407885 SKYLINE MODEL MANAGEMENT LIMITED 14 Oct 2010
    07407101 THE LONDON COLLEGE OF ADMINISTRATIVE STUDIES LTD 14 Oct 2010
    07406073 BUYUR'S PARADISE LTD 13 Oct 2010
    07405680 VEPA PAPER CONVERTING LIMITED 13 Oct 2010
    07405578 SADAT EXCHANGE LTD 13 Oct 2010
    07405277 WORLD OUTREACH MINISTRIES LTD 12 Oct 2010
    07404700 SHENLING LIMITED 12 Oct 2010
    07404612 KEY HOMES BARKING LIMITED 12 Oct 2010
    07401988 GLOBAL IT RECYCLING LIMITED 11 Oct 2010
    07400685 PINSTONES SOULTIONS LIMITED 08 Oct 2010
    07398279 ADROIT XPREXIONS INTERACTIVE LIMITED 06 Oct 2010
    07396441 HELINCARE LIMITED 05 Oct 2010