Barking, Essex
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Barking when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Barking when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Barking when compared to any previous March.
- February 2014 saw a new record in company closures in Barking when compared to any previous February.
- March 2014 saw a new record in net growth in Barking when compared to any previous March.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Barking when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Barking when compared to any quarter in history.
A total of 275 companies were registered in Barking during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 9.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Barking UK 2014 275 150,722 2013 251 134,802 % change 9.6% 11.8% Record Year 2014 (275) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Barking when compared to any previous March.
New Companies by Month
January February March New companies in 2014 90 78 107 New companies in 2013 113 73 65 % change -20.4% 6.8% 64.6% Record Year 2013 (113) 1994 (112) 2014 (107)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 145 companies were dissolved in Barking during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 15.1% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Barking UK 2014 145 82,370 2013 126 77,914 % change 15.1% 5.7% Record Year 2014 (145) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Barking when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 36 57 52 Closed companies in 2013 53 43 30 % change -32.1% 32.6% 73% Record Year 2011 (56) 2014 (57) 2009 (90)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Barking during the first quarter of 2014 (Jan 2014 - Mar 2014) was 130 companies.
first quarter (Jan 2014 - Mar 2014) Barking UK 2014 130 68,352 2013 125 56,888 Record Year 2014 (130) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in net growth in Barking when compared to any previous March.
Net Growth by Month
January February March Net growth in 2014 54 21 55 Net growth in 2013 60 30 35 Record Year 2013 (60) 1994 (112) 2014 (55)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Barking formed 0.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Barking 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.1% Record Year (since 1960) 1994 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.3% 0.2% 0.1% % change -25.5% -1.3% 37.3% Record Year 2013 (0.3%) 1994 (1.3%) 2002 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 36.6.
The percentage of directors under the age of 25 was 0.2% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 8.5% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Barking was in 2013 when 43.8% of all directors were female.
25.3% of all director appointments in Barking in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.53% CONSULTING 5.22% CONSULTANTS 1.33% MANAGEMENT 4.67% MANAGEMENT 1.26% CONSULTANCY 3.49% BUSINESS 1.20% PROPERTY 2.64% CONSULTANCY 1.06% TRADING 2.05% CONSULTING 1.00% LONDON 1.88% LONDON 0.93% ENGINEERING 1.86% ASSOCIATES 0.86% CARE 1.79% TRADING 0.80% CONSTRUCTION 1.75% CONSTRUCTION 0.80% DESIGN 1.75% IT 0.80% CONSULTANTS 1.73% GLOBAL 0.73% BUSINESS 1.71% SECURITY 0.73% PROPERTIES 1.60% KAMROS 0.60% INVESTMENTS 1.60% PROPERTY 0.60% GLOBAL 1.58% TRANSPORT 0.60% J 1.48% MARKETING 0.60% ASSOCIATES 1.48% TRADERS 0.53% MEDIA 1.48% TECHNOLOGIES 0.53% IT 1.33% BARKING 0.53% TRANSPORT 1.30% S 0.47% DEVELOPMENTS 1.29% TRAINING 0.47% BUILDING 1.24% CENTRE 0.47% M 1.21% HOMES 0.47% CAPITAL 1.20% ENTERPRISES 0.40% ELECTRICAL 1.19%
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 704 280,210 62020 - Information technology consultancy activities 79 27,750 96090 - Other service activities not elsewhere classified 74 26,700 70229 - Management consultancy activities other than financial management 50 37,882 99999 - Dormant Company 35 47,084 82990 - Other business support service activities not elsewhere classified 34 56,411 43390 - Other building completion and finishing 25 5,521 62090 - Other information technology service activities 23 12,813 69201 - Accounting and auditing activities 18 7,313 88990 - Other social work activities without accommodation not elsewhere classified 17 3,815 62012 - Business and domestic software development 17 9,509 86900 - Other human health activities 16 10,273 86101 - Hospital activities 15 2,870 47910 - Retail sale via mail order houses or via Internet 15 9,358 69202 - Bookkeeping activities 14 2,747 41202 - Construction of domestic buildings 13 6,559 49410 - Freight transport by road 13 8,014 56102 - Unlicensed restaurants and cafes 13 4,039 68209 - Other letting and operating of own or leased real estate 12 9,284 85600 - Educational support services 12 3,687
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08920702 WALSH PROJECT SUPPORT SERVICES CO. LTD 04 Mar 2014 08920842 H NOTA CONSULTING LIMITED 04 Mar 2014 08926709 STARHOME DESIGN LTD 06 Mar 2014 08929199 A MEDIA CORPORATION LTD 07 Mar 2014 08929464 INDIAN DYNASTY LTD 07 Mar 2014 08929709 FM & SON LONDON LIMITED 10 Mar 2014 08932276 G.M.FLOOD MANAGEMENT LIMITED 11 Mar 2014 08936516 RUBY FOU LIMITED 12 Mar 2014 08937269 CHEF GALAXY LTD. 13 Mar 2014 08937948 MELFORD BUSINESS ANALYTICS LIMITED 13 Mar 2014 08941489 HENOSIS LIMITED 17 Mar 2014 08947379 BRAUN SOLUTIONS LTD 19 Mar 2014 08949228 MYLAN&SONS PVT LIMITED 20 Mar 2014 08951618 TOP GRADES EDUCATIONAL SERVICES LTD 21 Mar 2014 08953215 EURO-FAMILY LTD 21 Mar 2014 08954520 BARKING PUB LTD 24 Mar 2014 08954804 ALKOFTE LIMITED 24 Mar 2014 08957117 VELMARK LIMITED 25 Mar 2014 08959702 NNTECH CONSULTANTS LTD 26 Mar 2014 08961389 ESPOIR LIMITED 26 Mar 2014 08961520 DLORDS TECH LIMITED 27 Mar 2014 08962425 RADA HCW LTD 27 Mar 2014 08962900 ABOHANY LTD 27 Mar 2014 08964836 HYDERABAD PAK LTD 28 Mar 2014 08965546 WEST "N" EAST LIMITED 28 Mar 2014
reports
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