Barking, Essex
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company registrations in Barking when compared to any previous Q1.
- Q1 2011 was a record quarter for company registrations in Barking when compared to any quarter in history.
- March 2011 saw a new record in company registrations in Barking when compared to any previous March.
- January 2011 saw a new record in company registrations in Barking when compared to any previous January.
- Q1 2011 saw a new record in company closures in Barking when compared to any previous Q1.
- January 2011 saw a new record in company closures in Barking when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company registrations in Barking when compared to any previous Q1.
Q1 2011 was a record quarter for company registrations in Barking when compared to any quarter in history.
A total of 185 companies were registered in Barking during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 27.6% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Barking UK 2011 185 116,391 2010 145 105,137 % change 27.6% 10.7% Record Year 2011 (185) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
March 2011 saw a new record in company registrations in Barking when compared to any previous March.
January 2011 saw a new record in company registrations in Barking when compared to any previous January.
New Companies by Month
January February March New companies in 2011 64 52 69 New companies in 2010 45 46 54 % change 42.2% 13.0% 27.8% Record Year 2011 (64) 1994 (112) 2011 (69)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Barking when compared to any previous Q1.
A total of 136 companies were dissolved in Barking during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 24.8% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Barking UK 2011 136 90,986 2010 109 82,677 % change 24.8% 10.0% Record Year 2011 (136) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Barking when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 56 41 39 Closed companies in 2010 20 44 45 % change 180.0% -6.8% -13% Record Year 2011 (56) 2010 (44) 2009 (90)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Barking during the first quarter of 2011 (Jan 2011 - Mar 2011) was 49 companies.
first quarter (Jan 2011 - Mar 2011) Barking UK 2011 49 25,405 2010 36 22,460 Record Year 2008 (74) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 8 11 30 Net growth in 2010 25 2 9 Record Year 2009 (50) 2009 (29) 2002 (44)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Barking formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Barking 2011 0.2% 2010 0.1% 2009 0.2% 2008 0.1% 2007 0.1% Record Year (since 1960) 1994 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.1% 0.2% UK formation share in 2010 0.2% 0.1% 0.1% % change 22.7% -0.6% 21.9% Record Year 2009 (0.2%) 1994 (1.3%) 1981 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 37.5.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 1.2% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Barking was in 1861 when 40.0% of all directors were female.
26.6% of all director appointments in Barking in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.95% CONSULTING 5.04% CONSULTANTS 1.67% MANAGEMENT 4.97% SECURITY 1.39% CONSULTANCY 3.16% CONSULTANCY 1.30% PROPERTY 2.38% GLOBAL 1.11% TRADING 2.10% IT 1.02% DESIGN 1.93% CONSULTING 0.93% ASSOCIATES 1.92% WORLD 0.84% BUSINESS 1.87% BUSINESS 0.84% CONSTRUCTION 1.80% EAST 0.84% CONSULTANTS 1.76% ENTERPRISE 0.84% MEDIA 1.69% COLLEGE 0.74% ENGINEERING 1.61% ENGINEERING 0.74% LONDON 1.60% TRADING 0.74% CARE 1.45% MANAGEMENT 0.74% J 1.45% ASSOCIATES 0.65% GLOBAL 1.44% BARKING 0.65% INVESTMENTS 1.43% INTERNATIONAL 0.65% IT 1.41% TRADERS 0.56% PROPERTIES 1.36% CO 0.56% BUILDING 1.34% CONSTRUCTION 0.56% M 1.30% CENTRE 0.56% ELECTRICAL 1.28% COMMUNICATIONS 0.46% S 1.24% TRAVEL 0.46% INTERNATIONAL 1.23% STAR 0.46% SYSTEMS 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 450 202,798 7487 - Other business activities 58 60,968 9305 - Other service activities 24 8,740 9999 - Dormant Company 24 19,765 96090 - Other service activities not elsewhere classified 22 10,085 62020 - Information technology consultancy activities 18 10,246 99999 - Dormant Company 18 18,336 7260 - Other computer related activities 15 7,789 82990 - Other business support service activities not elsewhere classified 13 30,253 4521 - General construction & civil engineering 13 6,183 7222 - Other software consultancy and supply 12 7,000 7414 - Business & management consultancy 11 12,916 62090 - Other information technology service activities 10 6,996 86900 - Other human health activities 9 4,092 7499 - Non-trading company 9 11,316 88990 - Other social work activities without accommodation not elsewhere classified 9 1,357 8042 - Adult and other education 8 2,097 74909 - Other professional, scientific and technical activities not elsewhere classified 8 7,788 41100 - Development of building projects 8 3,921 69201 - Accounting and auditing activities 8 3,436
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07586596 TWINS TV LIMITED 31 Mar 2011 07585666 ACE PROFESSIONALS (UK) LIMITED 31 Mar 2011 07580680 DEEDOC COMPUTERS LIMITED 28 Mar 2011 07577677 FLO SOLUTIONS LIMITED 24 Mar 2011 07573768 DELTALAND COMPANY LIMITED 22 Mar 2011 07573689 DELTALAND COMPANY (UK) LIMITED 22 Mar 2011 07571559 AFRO FOODSHOP LTD 21 Mar 2011 07571181 POP DAILY LTD 21 Mar 2011 07569360 G & B BUILDING LTD 18 Mar 2011 07568882 BLACK DIAMOND DANCE COMPANY LIMITED 17 Mar 2011 07564321 JGB TRADING LTD 15 Mar 2011 07563484 MEDICOUKGB LTD 14 Mar 2011 07562412 RIGHT DIRECTION LONDON LTD 14 Mar 2011 07560749 REGALBOND SOLUTIONS LTD 11 Mar 2011 07558735 SKYLODGER AIRWAYS LTD 10 Mar 2011 07558074 TENNER LIMITED 09 Mar 2011 07557344 STABANA LIMITED 09 Mar 2011 07557178 MAFHH LIMITED 09 Mar 2011 07556811 KLEAR CLEAN SOLUTIONS LTD 08 Mar 2011 07555960 TRIVOCA LIMITED 08 Mar 2011 07555624 KFM CONSULTING LTD 08 Mar 2011 07555547 DPI PARTNERS INTERNATIONAL LIMITED 08 Mar 2011 07553848 ZEST PROPERTIES PARTNERS LIMITED 07 Mar 2011 07553652 ESSEX ESTATES LTD 07 Mar 2011 07553626 VERVE CONTRACTORS LTD 07 Mar 2011
reports
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