Barking, Essex

2013 Annual 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

  • 2013 was a record year for company registrations in Barking when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Barking when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Barking when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Barking when compared to any previous December.
  • November 2013 saw a new record in company registrations in Barking when compared to any previous November.
  • October 2013 saw a new record in company registrations in Barking when compared to any previous October.
  • 2013 was a record year for company closures in Barking when compared to any year in history.
  • The second half of 2013 saw a new record in company closures in Barking when compared to any previous second half year.
  • December 2013 saw a new record in company closures in Barking when compared to any previous December.
  • November 2013 saw a new record in company closures in Barking when compared to any previous November.
  • October 2013 saw a new record in company closures in Barking when compared to any previous October.
  • October 2013 saw a new record in net growth in Barking when compared to any previous October.

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. Annual Data (2013)

    2013 was a record year for company registrations in Barking when compared to any year in history.

    A total of 968 companies were formed in Barking in 2013. This total is 13.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearBarkingUK
    2013968529,363
    2012854491,893
    2011720452,870
    2010636400,358
    2009580362,675
    Record Year2013 (968)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Barking when compared to any previous second half year.

    In the second half of 2013 a total of 472 companies were formed in Barking. This figure is 12.9% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Barking occurred in 2013 when a total of 472 were formed.

    Half Year (Jul-Dec)BarkingUK
    2013472259,931
    2012418238,743
    % change12.9%8.9%
    Record Year2013 (472)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Barking when compared to any previous Q4.

    A total of 248 companies were registered in Barking during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 21.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)BarkingUK
    2013248127,247
    2012205119,875
    % change21.0%6.1%
    Record Year 2013 (248) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013968864
    New companies in 2012836161
    % change15.7%44.3%4.9%
    Record Year2013 (96)2013 (88)2013 (64)

Closed Companies (dissolved)

  1. Annual Data (2013)

    2013 was a record year for company closures in Barking when compared to any year in history.

    A total of 570 companies were dissolved in Barking in 2013. This total is 32.6% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearBarkingUK
    2013570332,213
    2012430293,729
    2011467314,524
    2010462342,233
    2009561533,789
    Record Year2013 (570)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company closures in Barking when compared to any previous second half year.

    In the second half of 2013 a total of 297 companies were dissolved in Barking. This figure is 58.0% higher than last year, which compares badly to the UK wide change of 21.3%.

    The highest total for a second half year in Barking occurred in 2013 when a total of 297 were closed.

    Half Year (Jul-Dec)BarkingUK
    2013297177,021
    2012188145,935
    % change58.0%21.3%
    Record Year2013 (297)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 174 companies were dissolved in Barking during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 74.0% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)BarkingUK
    201317490,851
    201210070,027
    % change74.0%29.7%
    Record Year 2013 (174) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company closures in Barking when compared to any previous December.

    November 2013 saw a new record in company closures in Barking when compared to any previous November.

    October 2013 saw a new record in company closures in Barking when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013606351
    Closed companies in 2012512821
    % change17.6%125.0%143%
    Record Year2013 (60)2013 (63)2013 (51)

Net Company Growth

  1. Annual Data (2013)

    A total of 398 companies were added to the company register for Barking in 2013. This number represents growth of 41.1% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 26 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Barking company register grew by 424 companies.

    YearBarkingUK
    2013398197,150
    2012424198,164
    2011253138,346
    201017458,125
    200919-171,114
    Record Year2012 (424)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Barking increased by 175 companies.

    Half Year (Jul-Dec)BarkingUK
    201317582,910
    201223092,808
    Record Year2012 (230)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Barking during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 74 companies.

    fourth quarter (Oct 2013 - Dec 2013)BarkingUK
    20137436,396
    201210549,848
    Record Year 2012 (105) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013362513
    Net growth in 2012323340
    Record Year2008 (36)2012 (33)2012 (40)

UK Company Share

  1. Annual Data (2013)

    In 2013 Barking formed 0.2% of all UK companies. This is no change on 2012 when Barking was responsible for 0.2% of all UK companies.

    YearBarking
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960)2013 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Barking formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.

    Half Year (Jul-Dec)Barking
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

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

    fourth quarter (Oct 2013 - Dec 2013)Barking
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.2%0.2%
    UK formation share in 20120.2%0.1%0.2%
    % change7.5%41.7%-4.6%
    Record Year2013 (0.2%)2013 (0.2%)2012 (0.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 36.7.

    The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 36.5.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 36.3.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Barking was 2011 when 25.6% of all directors were female.

    The percentage of female directors in Barking in 2013 was 25.1%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Barking was 2008 when 27.0% of all directors were female.

    23.5% of all director appointments in Barking in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Barking was in 2008 when 25.8% of all directors were female.

    23.9% of all director appointments in Barking in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANTS1.55%CONSULTING5.22%
    BUSINESS1.28%MANAGEMENT4.72%
    MANAGEMENT1.22%CONSULTANCY3.45%
    CARE1.22%PROPERTY2.59%
    IT1.15%TRADING2.08%
    CONSULTANCY1.08%ENGINEERING1.87%
    GLOBAL0.95%LONDON1.86%
    ASSOCIATES0.95%DESIGN1.76%
    CONSTRUCTION0.95%CONSTRUCTION1.73%
    LONDON0.88%CARE1.73%
    PROPERTY0.81%BUSINESS1.71%
    TRADING0.74%CONSULTANTS1.68%
    MARKETING0.74%GLOBAL1.58%
    CONSULTING0.68%INVESTMENTS1.56%
    TRADERS0.68%PROPERTIES1.54%
    SECURITY0.68%ASSOCIATES1.53%
    CO0.61%J1.51%
    CENTRE0.54%MEDIA1.50%
    ENTERPRISES0.54%IT1.35%
    TRANSPORT0.54%DEVELOPMENTS1.23%
    KAMROS0.47%M1.23%
    (LONDON)0.47%BUILDING1.21%
    BUILDING0.47%ELECTRICAL1.20%
    S0.47%CAPITAL1.19%
    HEALTHCARE0.47%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied623266,814
    62020 - Information technology consultancy activities7627,183
    96090 - Other service activities not elsewhere classified7626,001
    70229 - Management consultancy activities other than financial management5136,164
    99999 - Dormant Company3446,762
    82990 - Other business support service activities not elsewhere classified2955,342
    62090 - Other information technology service activities2612,511
    43390 - Other building completion and finishing215,405
    62012 - Business and domestic software development189,360
    41202 - Construction of domestic buildings176,191
    69201 - Accounting and auditing activities167,075
    85590 - Other education not elsewhere classified165,698
    86101 - Hospital activities152,652
    86900 - Other human health activities159,543
    69202 - Bookkeeping activities142,607
    88990 - Other social work activities without accommodation not elsewhere classified143,592
    49410 - Freight transport by road147,333
    56102 - Unlicensed restaurants and cafes133,873
    63990 - Other information service activities not elsewhere classified135,639
    56290 - Other food services133,837

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08797742 KRISHNA FOOD SOLUTIONS LIMITED 02 Dec 2013
    08799649 BRAVE BUSINESS SOLUTIONS LTD 03 Dec 2013
    08800203 LONDON REGION CONSTRUCTION TRAINING GROUP LTD 03 Dec 2013
    08803812 DEXNET CLEARING AND SHIPPING LTD 05 Dec 2013
    08804173 YOMITE LTD 05 Dec 2013
    08804730 THE BEEHIVE (UK) LTD 06 Dec 2013
    08804884 S ASPIRATIONS LIMITED 06 Dec 2013
    08805122 SPOOK NIGHT PRODUCTIONS LIMITED 06 Dec 2013
    08805127 A2Z BUSINESS & MARKETING ADVISERS LIMITED 06 Dec 2013
    08806962 ANDETTE BUSINESS SERVICES LTD 09 Dec 2013
    08807218 ROBOWORLD LIMITED 09 Dec 2013
    08812381 MAYDAN83 LTD 12 Dec 2013
    08814127 CYSARNDY CONTRACT SERVICES LTD 13 Dec 2013
    08815390 PICK RIGHT MANAGEMENT LIMITED 16 Dec 2013
    08816772 ALPHA PAYMENT SOLUTIONS LIMITED 16 Dec 2013
    08817475 JAO & CO LIMITED 17 Dec 2013
    08819152 INQUISITIVE PICTURES LTD 18 Dec 2013
    08820861 DENIS 2001 LTD 19 Dec 2013
    08821165 EDLANNS LIMITED 19 Dec 2013
    08821585 SO, HE CARES - PRIOR FORMATION LTD 19 Dec 2013
    08823716 ANNA B A LIMITED 23 Dec 2013
    08825433 ADESIYAN.COM (UK) LTD 24 Dec 2013
    08825628 OTEX SECURITY SERVICES LTD 24 Dec 2013
    08827610 AH IT CONSULTANTS LTD 30 Dec 2013
    08828093 APPSLAB LTD 31 Dec 2013