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
New Company Registrations
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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.
Year Barking UK 2010 636 400,358 2009 580 362,675 2008 516 349,203 2007 449 457,649 2006 405 405,440 Record Year 2010 (636) 2007 (457,649) New Companies by Year
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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) Barking UK 2010 329 196,609 2009 286 180,654 % change 15.0% 8.8% Record Year 2010 (329) 2003 (201,446) New Companies by Half Year
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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) Barking UK 2010 153 95,117 2009 133 85,983 % change 15.0% 10.6% Record Year 2010 (153) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 65 52 36 New companies in 2009 51 45 37 % change 27.5% 15.6% -2.7% Record Year 2010 (65) 2010 (52) 2008 (38)
Closed Companies (dissolved)
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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.
Year Barking UK 2010 462 342,232 2009 561 533,773 2008 169 237,901 2007 229 220,295 2006 233 200,166 Record Year 2009 (561) 2009 (533,773) Dissolved Companies by Year
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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) Barking UK 2010 243 164,601 2009 221 244,537 % change 10.0% -32.7% Record Year 2010 (243) 2009 (244,537) Dissolved Companies by Half Year
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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) Barking UK 2010 107 76,896 2009 87 85,136 % change 23.0% -9.7% Record Year 2010 (107) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 57 40 10 Closed companies in 2009 29 31 27 % change 96.6% 29.0% -63% Record Year 2010 (57) 2010 (40) 2009 (27)
Net Company Growth
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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.
Year Barking UK 2010 174 58,126 2009 19 -171,098 2008 347 111,302 2007 220 237,354 2006 172 205,274 Record Year 2008 (347) 2003 (242,543) Net Growth by Year
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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) Barking UK 2010 86 32,008 2009 65 -63,883 Record Year 2008 (168) 2003 (117,772) Net Growth by Half Year
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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) Barking UK 2010 46 18,221 2009 46 847 Record Year 2008 (87) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 8 12 26 Net growth in 2009 22 14 10 Record Year 2008 (36) 2008 (24) 2008 (27)
UK Company Share
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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.
Year Barking 2010 0.2% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 2009 (0.2%) Company Share by Year
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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 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 Half Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.1% UK formation share in 2009 0.2% 0.1% 0.1% % change 11.6% 3.3% -7.4% Record Year 1966 (0.5%) 1961 (0.3%) 1968 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.94% CONSULTING 5.06% CONSULTANTS 1.45% MANAGEMENT 5.01% CONSULTANCY 1.36% CONSULTANCY 3.14% SECURITY 1.16% PROPERTY 2.36% MANAGEMENT 1.16% TRADING 2.11% GLOBAL 1.16% ASSOCIATES 1.95% IT 0.97% DESIGN 1.92% ENTERPRISE 0.97% BUSINESS 1.82% COLLEGE 0.78% CONSTRUCTION 1.82% BUSINESS 0.78% CONSULTANTS 1.76% CONSTRUCTION 0.68% MEDIA 1.71% CO 0.68% ENGINEERING 1.62% CONSULTING 0.68% LONDON 1.60% BARKING 0.68% CARE 1.45% TRADERS 0.58% INVESTMENTS 1.44% EAST 0.58% GLOBAL 1.43% WORLD 0.58% J 1.42% ENGINEERING 0.58% IT 1.41% STAR 0.48% PROPERTIES 1.34% S 0.48% INTERNATIONAL 1.34% TRADING 0.48% BUILDING 1.34% INTERNATIONAL 0.48% M 1.30% ASSOCIATES 0.48% ELECTRICAL 1.25% CLEANING 0.48% SYSTEMS 1.24% TRAINING 0.48% S 1.23%
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 437 199,572 7487 - Other business activities 64 63,348 9305 - Other service activities 26 8,858 9999 - Dormant Company 25 20,144 96090 - Other service activities not elsewhere classified 19 8,799 7260 - Other computer related activities 16 8,089 62020 - Information technology consultancy activities 16 9,177 99999 - Dormant Company 14 16,285 7414 - Business & management consultancy 13 13,474 7222 - Other software consultancy and supply 13 7,298 4521 - General construction & civil engineering 13 6,598 82990 - Other business support service activities not elsewhere classified 11 27,550 8042 - Adult and other education 10 2,142 7470 - Other cleaning activities 9 1,315 7499 - Non-trading company 9 12,000 86900 - Other human health activities 8 3,700 74909 - Other professional, scientific and technical activities not elsewhere classified 8 7,088 8514 - Other human health activities 8 2,450 43390 - Other building completion and finishing 8 2,522 62090 - Other information technology service activities 8 6,330
Recent Companies
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Randomly selected companies from this quarter
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