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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
    07932556 BARDHI LIMITED 01 Feb 2012
    07932720 EVEN MARKETING LTD 01 Feb 2012
    07934027 NAFCO LTD. 02 Feb 2012
    07939152 WHYBEE INVESTMENT LIMITED 07 Feb 2012
    07939551 ACCOUNTS&BENEFITS LTD 07 Feb 2012
    07939952 NITENITE HOLLIDAY STREET LIMITED 07 Feb 2012
    07941571 PUNJABI KHANA LIMITED 08 Feb 2012
    07944641 PROLETTS LIMITED 10 Feb 2012
    07946166 AFGHANSRUBY LIMITED 10 Feb 2012
    07949047 DGB ENERGY LTD 14 Feb 2012
    07950326 SOFRESH CLEANING SERVICES LIMITED 15 Feb 2012
    07950693 GURU IN TECH LTD 15 Feb 2012
    07950879 KIYATA LIMITED 15 Feb 2012
    07952817 UKAUTORESCUE LIMITED 16 Feb 2012
    07954601 HM BUILDING CONSTRUCTIONS LTD 17 Feb 2012
    07954816 WESTERN ISLES IMPORT AND EXPORT LIMITED 17 Feb 2012
    07955806 FRIENDS HAIR DRESSERS LTD 20 Feb 2012
    07956625 ACE KNIGHT'S STARTUP CONSULTANT LTD 20 Feb 2012
    07960895 A GRADE SOLUTIONS LIMITED 22 Feb 2012
    07963895 F J ONE LIMITED 24 Feb 2012
    07965533 Q&A CONSULTANTS LIMITED 27 Feb 2012
    07966134 JUST LAWSON (UK ) LIMITED 27 Feb 2012
    07966477 DANSTEL LTD 27 Feb 2012
    07967884 GULAP LTD 28 Feb 2012
    07969909 BENTOS LTD 29 Feb 2012