Barking, Essex

Q3 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • Q3 2013 saw a new record in company registrations in Barking when compared to any previous Q3.
  • July 2013 saw a new record in company registrations in Barking when compared to any previous July.
  • July 2013 saw a new record in net growth in Barking when compared to any previous July.

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 2013)

    Q3 2013 saw a new record in company registrations in Barking when compared to any previous Q3.

    A total of 224 companies were registered in Barking during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 5.2% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)BarkingUK
    2013224132,684
    2012213118,868
    % change5.2%11.6%
    Record Year 2013 (224) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    July 2013 saw a new record in company registrations in Barking when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2013956069
    New companies in 2012687273
    % change39.7%-16.7%-5.5%
    Record Year2013 (95)2012 (72)2012 (73)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 123 companies were dissolved in Barking during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 39.8% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)BarkingUK
    201312386,170
    20128875,908
    % change39.8%13.5%
    Record Year 2010 (136) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013353850
    Closed companies in 2012213433
    % change66.7%11.8%52%
    Record Year2002 (145)2009 (44)2009 (68)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Barking during the third quarter of 2013 (Jul 2013 - Sep 2013) was 101 companies.

    third quarter (Jul 2013 - Sep 2013)BarkingUK
    201310146,514
    201212542,960
    Record Year 2012 (125) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    July 2013 saw a new record in net growth in Barking when compared to any previous July.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2013602219
    Net growth in 2012473840
    Record Year2013 (60)2012 (38)2012 (40)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, Barking formed 0.2% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Barking
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.2%0.1%0.2%
    UK formation share in 20120.2%0.2%0.2%
    % change25.1%-23.6%-17.1%
    Record Year2013 (0.2%)2012 (0.2%)2012 (0.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 36.8.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Barking was in 2011 when 28.1% of all directors were female.

    23.1% of all director appointments in Barking in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2012-Sep 2013)

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

    wordpercentageuk worduk percentage
    CONSULTANTS1.45%CONSULTING5.27%
    MANAGEMENT1.17%MANAGEMENT4.75%
    LONDON1.03%CONSULTANCY3.45%
    BUSINESS0.96%PROPERTY2.53%
    IT0.96%TRADING2.08%
    CONSULTANCY0.96%ENGINEERING1.83%
    TRADING0.96%LONDON1.79%
    CARE0.96%DESIGN1.78%
    ASSOCIATES0.83%BUSINESS1.74%
    CO0.76%CONSTRUCTION1.70%
    GLOBAL0.76%CONSULTANTS1.69%
    CONSULTING0.76%CARE1.64%
    CONSTRUCTION0.76%ASSOCIATES1.61%
    TRADERS0.69%GLOBAL1.59%
    TECHNOLOGIES0.69%J1.54%
    ENTERPRISES0.62%MEDIA1.54%
    PROPERTY0.55%INVESTMENTS1.53%
    ENGINEERING0.55%PROPERTIES1.45%
    SECURITY0.55%IT1.39%
    MARKETING0.55%M1.25%
    SOLUTION0.48%ELECTRICAL1.20%
    FASHION0.48%BUILDING1.19%
    WORLD0.41%CAPITAL1.19%
    CONTRACTORS0.41%DEVELOPMENTS1.16%
    HEALTHCARE0.41%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied622260,135
    62020 - Information technology consultancy activities7626,675
    96090 - Other service activities not elsewhere classified7525,547
    70229 - Management consultancy activities other than financial management4334,970
    99999 - Dormant Company3646,169
    82990 - Other business support service activities not elsewhere classified2954,854
    62090 - Other information technology service activities2812,516
    62012 - Business and domestic software development219,104
    41202 - Construction of domestic buildings186,039
    43390 - Other building completion and finishing175,382
    69201 - Accounting and auditing activities176,979
    88990 - Other social work activities without accommodation not elsewhere classified153,422
    56290 - Other food services143,740
    69202 - Bookkeeping activities142,543
    85590 - Other education not elsewhere classified145,576
    49410 - Freight transport by road146,904
    86900 - Other human health activities139,203
    56102 - Unlicensed restaurants and cafes123,713
    63990 - Other information service activities not elsewhere classified125,322
    41100 - Development of building projects129,271

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08634899 SERKIZ OCAKBASI LTD 02 Aug 2013
    08636624 BRIGHT ANGELS LTD 05 Aug 2013
    08637200 CUBE CONNECT LIMITED 05 Aug 2013
    08637745 RULER INSTALLATIONS LTD. 05 Aug 2013
    08638599 DAATAA LIMITED 05 Aug 2013
    08639774 MONISIM LIMITED 06 Aug 2013
    08642426 FORTIS EUROPE LIMITED 08 Aug 2013
    08643013 AESTHETIC ACADEMY LIMITED 08 Aug 2013
    08644525 GLOBAL SHARERS LTD 09 Aug 2013
    08646404 ECUA EVEREST AUTO SERVICES LIMITED 12 Aug 2013
    08648327 ISSI SUPERMARKETS LIMITED 13 Aug 2013
    08649581 IN MY HEART LTD 14 Aug 2013
    08651108 STYLE & FIT UK LIMITED 14 Aug 2013
    08651493 BEBA LIMITED 15 Aug 2013
    08653033 T M SWEETS (LONDON) LIMITED 16 Aug 2013
    08653538 GOLD LANGUAGE LIMITED 16 Aug 2013
    08653803 GYM BITES LTD 16 Aug 2013
    08655257 GRACE HEALTH CHIROPRACTIC LIMITED 19 Aug 2013
    08657148 INDUR TECHNOLOGIES LIMITED 20 Aug 2013
    08658155 MANGO TECH INFO LIMITED 20 Aug 2013
    08663074 SPIDER KONG LTD 27 Aug 2013
    08664183 LIGHT OF WISDOM (UK) LIMITED 27 Aug 2013
    08664774 KRISH MANAGEMENT LIMITED 27 Aug 2013
    08666260 FORTRESS PRIME CLEARING LIMITED 28 Aug 2013
    08666512 EAT FRESH SANDWICHES LTD 28 Aug 2013