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Barking, Essex

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Barking when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Barking when compared to any quarter in history.
  • March 2012 saw a new record in company registrations in Barking when compared to any previous March.
  • January 2012 saw a new record in company registrations in Barking when compared to any previous January.
  • Q1 2012 saw a new record in net growth in Barking when compared to any previous Q1.
  • March 2012 saw a new record in net growth in Barking when compared to any previous March.
  • March 2012 was a record month for net growth in Barking when compared to any month in history.

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 2012)

    Q1 2012 saw a new record in company registrations in Barking when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Barking when compared to any quarter in history.

    A total of 213 companies were registered in Barking during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 15.1% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)BarkingUK
    2012213131,491
    2011185116,391
    % change15.1%13.0%
    Record Year 2012 (213) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in company registrations in Barking when compared to any previous March.

    January 2012 saw a new record in company registrations in Barking when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012804984
    New companies in 2011645269
    % change25.0%-5.8%21.7%
    Record Year2012 (80)1994 (112)2012 (84)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 117 companies were dissolved in Barking during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 14.0% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)BarkingUK
    201211767,576
    201113690,987
    % change-14.0%-25.7%
    Record Year 2011 (136) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012444033
    Closed companies in 2011564139
    % change-21.4%-2.4%-15%
    Record Year2011 (56)2010 (44)2009 (90)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in net growth in Barking when compared to any previous Q1.

    Net company growth for Barking during the first quarter of 2012 (Jan 2012 - Mar 2012) was 96 companies.

    first quarter (Jan 2012 - Mar 2012)BarkingUK
    20129663,915
    20114925,404
    Record Year 2012 (96) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in net growth in Barking when compared to any previous March.

    March 2012 was a record month for net growth in Barking when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201236951
    Net growth in 201181130
    Record Year2009 (50)2009 (29)2012 (51)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Barking formed 0.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Barking
    20120.2%
    20110.2%
    20100.1%
    20090.2%
    20080.1%
    Record Year (since 1960) 1994 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.2%0.1%0.2%
    UK formation share in 20110.2%0.1%0.2%
    % change7.1%-19.4%13.8%
    Record Year2009 (0.2%)1994 (1.3%)1981 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 36.3.

    The percentage of directors under the age of 25 was 8.0% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Barking was in 1861 when 40.0% of all directors were female.

    21.9% of all director appointments in Barking in the first quarter of 2012 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 (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.65%CONSULTING5.07%
    TRADING1.16%MANAGEMENT4.74%
    LONDON1.07%CONSULTANCY3.30%
    TRADERS0.91%PROPERTY2.37%
    IT0.91%TRADING2.07%
    GLOBAL0.83%DESIGN1.93%
    CLEANING0.83%ENGINEERING1.86%
    EDUCATION0.83%ASSOCIATES1.84%
    MANAGEMENT0.74%CONSULTANTS1.79%
    SECURITY0.74%BUSINESS1.73%
    CONSULTANTS0.74%MEDIA1.72%
    BUSINESS0.66%CONSTRUCTION1.72%
    CONTRACTORS0.66%LONDON1.66%
    CARE0.66%J1.54%
    CONSULTING0.66%INVESTMENTS1.51%
    COMMUNITY0.66%GLOBAL1.50%
    TRANSPORT0.58%IT1.40%
    CENTRE0.58%CARE1.34%
    CONSTRUCTION0.58%PROPERTIES1.31%
    CO0.58%ELECTRICAL1.27%
    BUILDING0.58%M1.27%
    PROPERTY0.50%BUILDING1.24%
    TECH0.50%ENERGY1.20%
    TRADE0.41%S1.20%
    MAINTENANCE0.41%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied489216,665
    7487 - Other business activities6352,735
    96090 - Other service activities not elsewhere classified3613,637
    62020 - Information technology consultancy activities3014,303
    9305 - Other service activities238,818
    70229 - Management consultancy activities other than financial management2219,704
    9999 - Dormant Company1918,617
    99999 - Dormant Company1725,084
    7222 - Other software consultancy and supply166,934
    41202 - Construction of domestic buildings163,052
    7260 - Other computer related activities157,154
    62090 - Other information technology service activities158,145
    82990 - Other business support service activities not elsewhere classified1435,233
    80100 - Private security activities111,227
    7414 - Business & management consultancy1112,113
    86900 - Other human health activities105,066
    88990 - Other social work activities without accommodation not elsewhere classified101,791
    69201 - Accounting and auditing activities84,132
    7499 - Non-trading company89,102
    4521 - General construction & civil engineering75,169

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07896784 COMMUNITY PLATFORM LIMITED 04 Jan 2012
    07897511 THE SPENCERS WAY LIMITED 04 Jan 2012
    07899232 HENCO MEDICAL SERVICES LTD 05 Jan 2012
    07900045 BEST BUY TRAVEL LTD 06 Jan 2012
    07900115 ASIA EXPRESS UK TRAVEL & CARGO SERVICE LIMITED 06 Jan 2012
    07903703 DIVAMIMI LIMITED 10 Jan 2012
    07904806 LAIKA PARTS LTD 10 Jan 2012
    07904813 HIGH EUROPE BUSINESS LTD 10 Jan 2012
    07908476 JPTECHNOSYSTEMS LIMITED 13 Jan 2012
    07912663 ROSE PETAL CARE LTD 17 Jan 2012
    07913444 B M A CASH AND CARRY LIMITED 17 Jan 2012
    07914602 TILE FITTINGS LONDON LTD 18 Jan 2012
    07915256 ADVERTS & FLYERS DISTRIBUTION LIMITED 19 Jan 2012
    07915875 UES CONSULTS UK LIMITED 19 Jan 2012
    07917461 ROMANTIC ITALIAN WEDDING LIMITED 20 Jan 2012
    07918720 ALIA SHOE REPAIRING AND KEY CUTTING LTD 20 Jan 2012
    07919337 INC SW LTD 23 Jan 2012
    07919957 BRITANIA TRADERS LTD 23 Jan 2012
    07920294 PG CLEANING LTD 23 Jan 2012
    07921324 USSR PROPERTY LIMITED 24 Jan 2012
    07921548 MAMBO TRADING LIMITED 24 Jan 2012
    07926257 ENSEMBLE INTERPRETATIONS LTD 27 Jan 2012
    07927513 MK BUSINESS CONSULTANTS LTD 27 Jan 2012
    07929878 JOSEPH INJURY CLAIMS & ACCIDENT MANAGEMENT LTD 31 Jan 2012
    07930710 EXCEL IN MODERN EDUCATION LTD 31 Jan 2012