Download PDF version

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

  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 (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)BarkingUK
    2011185116,391
    2010145105,137
    % change27.6%10.7%
    Record Year 2011 (185) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2011645269
    New companies in 2010454654
    % change42.2%13.0%27.8%
    Record Year2011 (64)1994 (112)2011 (69)

Closed Companies (dissolved)

  1. 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)BarkingUK
    201113690,986
    201010982,677
    % change24.8%10.0%
    Record Year 2011 (136) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011564139
    Closed companies in 2010204445
    % change180.0%-6.8%-13%
    Record Year2011 (56)2010 (44)2009 (90)

Net Company Growth

  1. 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)BarkingUK
    20114925,405
    20103622,460
    Record Year 2008 (74) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201181130
    Net growth in 20102529
    Record Year2009 (50)2009 (29)2002 (44)

UK Company Share

  1. 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
    20110.2%
    20100.1%
    20090.2%
    20080.1%
    20070.1%
    Record Year (since 1960) 1994 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.1%0.2%
    UK formation share in 20100.2%0.1%0.1%
    % change22.7%-0.6%21.9%
    Record Year2009 (0.2%)1994 (1.3%)1981 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    LONDON1.95%CONSULTING5.04%
    CONSULTANTS1.67%MANAGEMENT4.97%
    SECURITY1.39%CONSULTANCY3.16%
    CONSULTANCY1.30%PROPERTY2.38%
    GLOBAL1.11%TRADING2.10%
    IT1.02%DESIGN1.93%
    CONSULTING0.93%ASSOCIATES1.92%
    WORLD0.84%BUSINESS1.87%
    BUSINESS0.84%CONSTRUCTION1.80%
    EAST0.84%CONSULTANTS1.76%
    ENTERPRISE0.84%MEDIA1.69%
    COLLEGE0.74%ENGINEERING1.61%
    ENGINEERING0.74%LONDON1.60%
    TRADING0.74%CARE1.45%
    MANAGEMENT0.74%J1.45%
    ASSOCIATES0.65%GLOBAL1.44%
    BARKING0.65%INVESTMENTS1.43%
    INTERNATIONAL0.65%IT1.41%
    TRADERS0.56%PROPERTIES1.36%
    CO0.56%BUILDING1.34%
    CONSTRUCTION0.56%M1.30%
    CENTRE0.56%ELECTRICAL1.28%
    COMMUNICATIONS0.46%S1.24%
    TRAVEL0.46%INTERNATIONAL1.23%
    STAR0.46%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied450202,798
    7487 - Other business activities5860,968
    9305 - Other service activities248,740
    9999 - Dormant Company2419,765
    96090 - Other service activities not elsewhere classified2210,085
    62020 - Information technology consultancy activities1810,246
    99999 - Dormant Company1818,336
    7260 - Other computer related activities157,789
    82990 - Other business support service activities not elsewhere classified1330,253
    4521 - General construction & civil engineering136,183
    7222 - Other software consultancy and supply127,000
    7414 - Business & management consultancy1112,916
    62090 - Other information technology service activities106,996
    86900 - Other human health activities94,092
    7499 - Non-trading company911,316
    88990 - Other social work activities without accommodation not elsewhere classified91,357
    8042 - Adult and other education82,097
    74909 - Other professional, scientific and technical activities not elsewhere classified87,788
    41100 - Development of building projects83,921
    69201 - Accounting and auditing activities83,436

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07586596 TWINS TV LIMITED 31 Mar 2011
    07585666 ACE PROFESSIONALS (UK) LIMITED 31 Mar 2011
    07585438 REMAX GLOBAL TRADING LIMITED 31 Mar 2011
    07584090 WORLD TRAVEL & VISA CONSULTANTS LTD 30 Mar 2011
    07582352 RIZVI ENTERPRISE LTD 29 Mar 2011
    07580921 SALEHA BEGUM LIMITED 28 Mar 2011
    07580680 DEEDOC COMPUTERS LIMITED 28 Mar 2011
    07580505 VM SCREEDING LIMITED 28 Mar 2011
    07576978 SHAWNHARRY CONSULTING LIMITED 24 Mar 2011
    07574537 MEDICALEUUK LIMITED 22 Mar 2011
    07572799 SAISANTOSHI INFOTECH LIMITED 22 Mar 2011
    07571559 AFRO FOODSHOP LTD 21 Mar 2011
    07571329 CHINAB CONSULTING LIMITED 21 Mar 2011
    07569360 G & B BUILDING LTD 18 Mar 2011
    07564973 ONYX (UK) LIMITED 15 Mar 2011
    07563288 DELTALAND PROFILES LTD 14 Mar 2011
    07559622 JAKLITE LIMITED 10 Mar 2011
    07558147 SHIKINAH GLORY EDUCATION LTD 09 Mar 2011
    07556540 MELO BOX LTD 08 Mar 2011
    07555960 TRIVOCA LIMITED 08 Mar 2011
    07555624 KFM CONSULTING LTD 08 Mar 2011
    07553626 VERVE CONTRACTORS LTD 07 Mar 2011
    07551906 MEDICSTEEL LTD 04 Mar 2011
    07549381 ALIGHT SECURITY LIMITED 02 Mar 2011
    07547526 WELL HEALTH TOO LIMITED 01 Mar 2011