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Barking, Essex

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Barking when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Barking when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Barking when compared to any previous Q2.
  • Q2 2012 was a record quarter for company registrations in Barking when compared to any quarter in history.
  • June 2012 saw a new record in company registrations in Barking when compared to any previous June.
  • May 2012 saw a new record in company registrations in Barking when compared to any previous May.
  • April 2012 saw a new record in company registrations in Barking when compared to any previous April.
  • The first half of 2012 saw a new record in net growth in Barking when compared to any previous first half year.
  • The first half of 2012 was a record first half year for net growth in Barking when compared to any half year in history.
  • June 2012 saw a new record in net growth in Barking when compared to any previous June.
  • May 2012 saw a new record in net growth in Barking when compared to any previous May.
  • Q2 2012 saw a new record in UK company share in Barking when compared to any previous Q2.
  • June 2012 saw a new record in UK company share in Barking when compared to any previous June.
  • May 2012 saw a new record in UK company share in Barking when compared to any previous May.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Barking when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Barking when compared to any half year in history.

    In the first half of 2012 a total of 436 companies were formed in Barking. This figure is 30.1% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Barking occurred in 2012 when a total of 436 were formed.

    Half Year (Jan-Jun)BarkingUK
    2012436253,150
    2011335228,735
    % change30.1%10.7%
    Record Year2012 (436)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Barking when compared to any previous Q2.

    Q2 2012 was a record quarter for company registrations in Barking when compared to any quarter in history.

    A total of 223 companies were registered in Barking during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 48.7% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)BarkingUK
    2012223121,659
    2011150112,344
    % change48.7%8.3%
    Record Year 2012 (223) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2012499876
    New companies in 2011435948
    % change14.0%66.1%58.3%
    Record Year2012 (49)2012 (98)2012 (76)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 242 companies were dissolved in Barking. This figure is 4.3% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Barking occurred in 2009 when a total of 340 were closed.

    Half Year (Jan-Jun)BarkingUK
    2012242147,793
    2011232162,310
    % change4.3%-8.9%
    Record Year2009 (340)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 125 companies were dissolved in Barking during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 30.2% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)BarkingUK
    201212580,218
    20119671,324
    % change30.2%12.5%
    Record Year 2009 (231) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012435329
    Closed companies in 2011244131
    % change79.2%29.3%-6%
    Record Year2009 (80)2009 (101)2009 (50)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in net growth in Barking when compared to any previous first half year.

    The first half of 2012 was a record first half year for net growth in Barking when compared to any half year in history.

    In the first half of 2012 the company register for Barking increased by 194 companies.

    Half Year (Jan-Jun)BarkingUK
    2012194105,357
    201110366,425
    Record Year2012 (194)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Barking during the second quarter of 2012 (Apr 2012 - Jun 2012) was 98 companies.

    second quarter (Apr 2012 - Jun 2012)BarkingUK
    20129841,441
    20115441,020
    Record Year 2008 (105) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

    Net Growth by Month
    AprilMayJune
    Net growth in 201264547
    Net growth in 2011191817
    Record Year2008 (27)2012 (45)2012 (47)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Barking formed 0.2% of all UK companies. This is more than the 2011 figure of 0.1%.

    Half Year (Jan-Jun)Barking
    20120.2%
    20110.1%
    20100.2%
    20090.2%
    20080.1%
    Record Year (since 1960) 1994 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

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

    second quarter (Apr 2012 - Jun 2012)Barking
    20120.2%
    20110.1%
    20100.2%
    20090.2%
    20080.1%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter

    Q2 2012 saw a new record in UK company share in Barking when compared to any previous Q2.

  3. Monthly Data (Apr, May & Jun 2012)

    June 2012 saw a new record in UK company share in Barking when compared to any previous June.

    May 2012 saw a new record in UK company share in Barking when compared to any previous May.

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.2%0.2%
    UK formation share in 20110.1%0.2%0.1%
    % change-4.1%45.6%69.1%
    Record Year2009 (0.1%)2012 (0.2%)2012 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 35.7.

    The percentage of directors under the age of 25 was 8.2% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 0.4% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 35.1.

    The percentage of directors under the age of 25 was 8.4% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 0.8% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    20.8% of all director appointments in Barking in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Barking was in 1866 when 57.1% of all directors were female.

    21.7% of all director appointments in Barking in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.88%CONSULTING5.07%
    IT1.33%MANAGEMENT4.74%
    LONDON1.25%CONSULTANCY3.28%
    TRADING1.17%PROPERTY2.35%
    CONSULTANTS1.02%TRADING2.10%
    TRADERS0.94%DESIGN1.89%
    CONSULTING0.94%ENGINEERING1.87%
    GLOBAL0.86%ASSOCIATES1.82%
    SECURITY0.86%CONSULTANTS1.78%
    MANAGEMENT0.86%CONSTRUCTION1.71%
    BUSINESS0.86%BUSINESS1.70%
    S0.78%MEDIA1.69%
    CARE0.78%LONDON1.68%
    MAINTENANCE0.63%J1.57%
    EDUCATION0.63%GLOBAL1.51%
    CONSTRUCTION0.63%INVESTMENTS1.48%
    BUILDING0.63%IT1.42%
    COMMUNITY0.63%CARE1.31%
    CLEANING0.63%PROPERTIES1.31%
    ENTERPRISES0.55%M1.26%
    CONTRACTORS0.55%ELECTRICAL1.23%
    ASSOCIATES0.55%BUILDING1.23%
    CENTRE0.55%SECURITY1.19%
    CO0.55%S1.18%
    PROPERTY0.55%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied520244,457
    7487 - Other business activities5747,029
    96090 - Other service activities not elsewhere classified3814,220
    62020 - Information technology consultancy activities3115,280
    70229 - Management consultancy activities other than financial management2220,390
    9305 - Other service activities217,926
    41202 - Construction of domestic buildings163,185
    9999 - Dormant Company1616,469
    7222 - Other software consultancy and supply166,356
    99999 - Dormant Company1526,088
    62090 - Other information technology service activities148,258
    80100 - Private security activities111,317
    82990 - Other business support service activities not elsewhere classified1135,447
    86900 - Other human health activities105,222
    7260 - Other computer related activities106,456
    7414 - Business & management consultancy1010,978
    69201 - Accounting and auditing activities104,295
    85590 - Other education not elsewhere classified102,921
    62012 - Business and domestic software development94,742
    88990 - Other social work activities without accommodation not elsewhere classified81,828

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08094400 THE WAY OF HOLINESS ENDTIME MOVEMENT (WOHEM) LTD 06 Jun 2012
    08096311 HOPE OF GLORY LIMITED 07 Jun 2012
    08097715 SOL SOLUTIONS LTD 08 Jun 2012
    08100177 KHAIR UL UMMAH FOUNDATION LIMITED 11 Jun 2012
    08100759 FIDELIS TEAM LTD 12 Jun 2012
    08101691 KASONS SERVICES LIMITED 12 Jun 2012
    08101713 NAV IT CARE LTD 12 Jun 2012
    08101975 TSTARS PARTIES LIMITED 12 Jun 2012
    08105446 NOBLE CASH & CARRY LTD 14 Jun 2012
    08105479 NIGHT WOLF US LIMITED 14 Jun 2012
    08108199 ALLOUT RECORDINGS LTD 18 Jun 2012
    08108738 OPENOVA IT SOLUTIONS UK LTD 18 Jun 2012
    08109058 COMPILA SOLUTIONS LTD 18 Jun 2012
    08109231 POINT TO POINT TRADING LTD 18 Jun 2012
    08110442 LAMAGNA LTD 19 Jun 2012
    08112629 THE BEYONDER PROJECT LIMITED 20 Jun 2012
    08114042 MUGHAL DISTRIBUTION UK LTD 21 Jun 2012
    08114348 ALTIUS BUSINESS SOLUTIONS LTD 21 Jun 2012
    08116337 KEY HOMES MANAGEMENT LIMITED 22 Jun 2012
    08117986 NO1 DRIVING LTD 25 Jun 2012
    08119000 NVA CATERING LTD 26 Jun 2012
    08120914 FATE XCLUSIVE LTD. 27 Jun 2012
    08121495 USMAN STUDY & BUSINESS SOLUTION LTD 27 Jun 2012
    08124576 FRAZ TECH LIMITED 29 Jun 2012
    08125229 NEW MOTIONS CONSULTANCY LTD 29 Jun 2012