Barking, Essex

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Barking when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in Barking when compared to any previous September.
  • August 2012 saw a new record in company registrations in Barking when compared to any previous August.
  • Q3 2012 saw a new record in net growth in Barking when compared to any previous Q3.
  • Q3 2012 was a record quarter for net growth in Barking when compared to any quarter in history.
  • September 2012 saw a new record in net growth in Barking when compared to any previous September.
  • August 2012 saw a new record in net growth in Barking when compared to any previous August.
  • July 2012 saw a new record in net growth in Barking when compared to any previous July.
  • Q3 2012 saw a new record in UK company share in Barking when compared to any previous Q3.
  • August 2012 saw a new record in UK company share in Barking when compared to any previous August.

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 (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Barking when compared to any previous Q3.

    A total of 213 companies were registered in Barking during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 8.7% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)BarkingUK
    2012213118,868
    2011196114,512
    % change8.7%3.8%
    Record Year 2012 (213) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012687273
    New companies in 2011725767
    % change-5.6%26.3%9.0%
    Record Year2011 (72)2012 (72)2012 (73)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 87 companies were dissolved in Barking during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 25.0% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)BarkingUK
    20128774,772
    201111672,230
    % change-25.0%3.5%
    Record Year 2002 (167) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012213432
    Closed companies in 2011353645
    % change-40.0%-5.6%-29%
    Record Year2002 (145)2009 (44)2009 (68)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in net growth in Barking when compared to any previous Q3.

    Q3 2012 was a record quarter for net growth in Barking when compared to any quarter in history.

    Net company growth for Barking during the third quarter of 2012 (Jul 2012 - Sep 2012) was 126 companies.

    third quarter (Jul 2012 - Sep 2012)BarkingUK
    201212644,096
    20118042,282
    Record Year 2012 (126) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012473841
    Net growth in 2011372122
    Record Year2012 (47)2012 (38)2012 (41)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Barking
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter

    Q3 2012 saw a new record in UK company share in Barking when compared to any previous Q3.

  2. Monthly Data (Jul, Aug & Sep 2012)

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

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.2%0.2%0.2%
    UK formation share in 20110.2%0.1%0.2%
    % change-15.2%27.3%7.8%
    Record Year1970 (0.3%)2012 (0.2%)1966 (0.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 36.0.

    The percentage of directors under the age of 25 was 8.3% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Barking was in 1862 when 50.0% of all directors were female.

    26.7% of all director appointments in Barking in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTANCY2.04%CONSULTING5.05%
    IT1.65%MANAGEMENT4.75%
    LONDON1.34%CONSULTANCY3.28%
    BUSINESS1.26%PROPERTY2.35%
    TRADERS1.26%TRADING2.08%
    MANAGEMENT1.10%DESIGN1.87%
    CONSULTING1.10%ASSOCIATES1.84%
    CONSULTANTS1.02%ENGINEERING1.83%
    TRADING1.02%CONSULTANTS1.76%
    CARE0.94%BUSINESS1.72%
    GLOBAL0.86%CONSTRUCTION1.70%
    S0.79%MEDIA1.67%
    TRANSPORT0.63%LONDON1.67%
    CO0.63%J1.55%
    BUILDING0.63%GLOBAL1.53%
    CONSTRUCTION0.63%INVESTMENTS1.46%
    STAR0.63%IT1.43%
    ENTERPRISES0.55%PROPERTIES1.34%
    CAPITAL0.55%CARE1.32%
    COMMUNITY0.55%M1.27%
    CLEANING0.55%BUILDING1.22%
    MAINTENANCE0.55%ENTERPRISES1.20%
    CARRY0.55%ELECTRICAL1.20%
    CASH0.55%S1.17%
    MARKETING0.55%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied652331,455
    7487 - Other business activities4135,545
    96090 - Other service activities not elsewhere classified3913,716
    62020 - Information technology consultancy activities3114,774
    70229 - Management consultancy activities other than financial management2219,425
    41202 - Construction of domestic buildings163,086
    99999 - Dormant Company1525,035
    62090 - Other information technology service activities147,869
    7222 - Other software consultancy and supply144,997
    9305 - Other service activities146,142
    9999 - Dormant Company1212,598
    80100 - Private security activities111,272
    85590 - Other education not elsewhere classified102,823
    69201 - Accounting and auditing activities104,119
    7260 - Other computer related activities104,979
    86900 - Other human health activities104,998
    7414 - Business & management consultancy108,437
    62012 - Business and domestic software development94,584
    82990 - Other business support service activities not elsewhere classified933,677
    78200 - Temporary employment agency activities71,149

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08130002 MAZHAR ABIDI.2U LIMITED 04 Jul 2012
    08130031 HERMES TRADERS LIMITED 04 Jul 2012
    08132350 NEXTSTEP TRANSPORT LIMITED 05 Jul 2012
    08133733 NEW GENERATION NETWORK 06 Jul 2012
    08138284 FAR FROM THE NORM LTD 11 Jul 2012
    08144225 REFIAN LTD 16 Jul 2012
    08145799 AIAA CONSULTANCY SERVICES LTD 17 Jul 2012
    08146320 ATHEP LTD 17 Jul 2012
    08147039 SEPTONE LIMITED 17 Jul 2012
    08147581 PHOENIX SHIPPING LTD 18 Jul 2012
    08147608 PURPLE POISE LIMITED 18 Jul 2012
    08148473 SAM'S LEATHER SHOES LIMITED 18 Jul 2012
    08148810 ADYSON LTD 19 Jul 2012
    08150877 VOLATILE MARKETING LIMITED 20 Jul 2012
    08151016 LAKSHMI BRAND LIMITED 20 Jul 2012
    08151227 ELIN2008 LTD 20 Jul 2012
    08151900 ALCHEMY TECHNOLOGIES PVT LTD 20 Jul 2012
    08152839 JAMAICAN GARDEN (UK) LTD. 23 Jul 2012
    08152866 NAOMI MELBOURNE LIMITED 23 Jul 2012
    08153412 RPLUS LIMITED 23 Jul 2012
    08155435 PBC DESIGN & BUILD LTD 24 Jul 2012
    08156550 BSS IT SERVICES LTD 25 Jul 2012
    08158698 MINORITY INTERNATIONAL ARTS SOCIETY LTD 26 Jul 2012
    08159239 Z F TRADERS LTD 27 Jul 2012
    08161528 BELLS & BEEPS LIMITED 30 Jul 2012