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
New Company Registrations
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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.
Year Barking UK 2013 968 529,363 2012 854 491,893 2011 720 452,870 2010 636 400,358 2009 580 362,675 Record Year 2013 (968) 2013 (529,363) New Companies by Year
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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) Barking UK 2013 472 259,931 2012 418 238,743 % change 12.9% 8.9% Record Year 2013 (472) 2013 (259,931) New Companies by Half Year
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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) Barking UK 2013 248 127,247 2012 205 119,875 % change 21.0% 6.1% Record Year 2013 (248) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 96 88 64 New companies in 2012 83 61 61 % change 15.7% 44.3% 4.9% Record Year 2013 (96) 2013 (88) 2013 (64)
Closed Companies (dissolved)
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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.
Year Barking UK 2013 570 332,213 2012 430 293,729 2011 467 314,524 2010 462 342,233 2009 561 533,789 Record Year 2013 (570) 2009 (533,789) Dissolved Companies by Year
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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) Barking UK 2013 297 177,021 2012 188 145,935 % change 58.0% 21.3% Record Year 2013 (297) 2009 (244,544) Dissolved Companies by Half Year
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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) Barking UK 2013 174 90,851 2012 100 70,027 % change 74.0% 29.7% Record Year 2013 (174) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 60 63 51 Closed companies in 2012 51 28 21 % change 17.6% 125.0% 143% Record Year 2013 (60) 2013 (63) 2013 (51)
Net Company Growth
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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.
Year Barking UK 2013 398 197,150 2012 424 198,164 2011 253 138,346 2010 174 58,125 2009 19 -171,114 Record Year 2012 (424) 2007 (237,353) Net Growth by Year
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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) Barking UK 2013 175 82,910 2012 230 92,808 Record Year 2012 (230) 2003 (117,772) Net Growth by Half Year
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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) Barking UK 2013 74 36,396 2012 105 49,848 Record Year 2012 (105) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2013 36 25 13 Net growth in 2012 32 33 40 Record Year 2008 (36) 2012 (33) 2012 (40)
UK Company Share
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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.
Year Barking 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2013 (0.2%) Company Share by Year
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2013 (0.2%) Company Share by Half Year
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2013 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.2% 0.2% 0.2% UK formation share in 2012 0.2% 0.1% 0.2% % change 7.5% 41.7% -4.6% Record Year 2013 (0.2%) 2013 (0.2%) 2012 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANTS 1.55% CONSULTING 5.22% BUSINESS 1.28% MANAGEMENT 4.72% MANAGEMENT 1.22% CONSULTANCY 3.45% CARE 1.22% PROPERTY 2.59% IT 1.15% TRADING 2.08% CONSULTANCY 1.08% ENGINEERING 1.87% GLOBAL 0.95% LONDON 1.86% ASSOCIATES 0.95% DESIGN 1.76% CONSTRUCTION 0.95% CONSTRUCTION 1.73% LONDON 0.88% CARE 1.73% PROPERTY 0.81% BUSINESS 1.71% TRADING 0.74% CONSULTANTS 1.68% MARKETING 0.74% GLOBAL 1.58% CONSULTING 0.68% INVESTMENTS 1.56% TRADERS 0.68% PROPERTIES 1.54% SECURITY 0.68% ASSOCIATES 1.53% CO 0.61% J 1.51% CENTRE 0.54% MEDIA 1.50% ENTERPRISES 0.54% IT 1.35% TRANSPORT 0.54% DEVELOPMENTS 1.23% KAMROS 0.47% M 1.23% (LONDON) 0.47% BUILDING 1.21% BUILDING 0.47% ELECTRICAL 1.20% S 0.47% CAPITAL 1.19% HEALTHCARE 0.47% ENERGY 1.14%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 623 266,814 62020 - Information technology consultancy activities 76 27,183 96090 - Other service activities not elsewhere classified 76 26,001 70229 - Management consultancy activities other than financial management 51 36,164 99999 - Dormant Company 34 46,762 82990 - Other business support service activities not elsewhere classified 29 55,342 62090 - Other information technology service activities 26 12,511 43390 - Other building completion and finishing 21 5,405 62012 - Business and domestic software development 18 9,360 41202 - Construction of domestic buildings 17 6,191 69201 - Accounting and auditing activities 16 7,075 85590 - Other education not elsewhere classified 16 5,698 86101 - Hospital activities 15 2,652 86900 - Other human health activities 15 9,543 69202 - Bookkeeping activities 14 2,607 88990 - Other social work activities without accommodation not elsewhere classified 14 3,592 49410 - Freight transport by road 14 7,333 56102 - Unlicensed restaurants and cafes 13 3,873 63990 - Other information service activities not elsewhere classified 13 5,639 56290 - Other food services 13 3,837
Recent Companies
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Randomly selected companies from this quarter
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