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 08876217 RIGHT CHOICE FURNITURE LIMITED 04 Feb 2014 08876373 EASYWAY HAULAGE LIMITED 04 Feb 2014 08880180 LISANGA ESENGO PASI 06 Feb 2014 08880195 GONECHA SPORTS ACADEMY 06 Feb 2014 08880894 RESTORATION CARE HOMES LIMITED 06 Feb 2014 08881379 PANESAR ASSOCIATES LTD 07 Feb 2014 08885043 VERTEX TRADING LIMITED 10 Feb 2014 08885975 KAMROS DEPTFORD LIMITED 11 Feb 2014 08887188 CHUNKY CHICKEN (BARKING) LTD 11 Feb 2014 08893360 NALDO LIMITED 13 Feb 2014 08895537 TAXZACT LIMITED 14 Feb 2014 08897877 FOOTBALL 1ST MANAGEMENT LIMITED 17 Feb 2014 08899899 ROL PARKER LIMITED 18 Feb 2014 08900063 DADDY PROTEIN LIMITED 18 Feb 2014 08901967 WEBTRICKS LTD 19 Feb 2014 08903825 UTILITY SUPPORT PARTNERS LIMITED 20 Feb 2014 08904051 CEDAR AND PINE FINANCIAL CONSULTANTS LIMITED 20 Feb 2014 08904405 RAPHA LIMITED 20 Feb 2014 08905024 JNP TECHNOLOGIES LTD 20 Feb 2014 08907755 VIRTUAL MARKETPLACE LTD 24 Feb 2014 08909358 TEMPLE MEDIA LIMITED 24 Feb 2014 08912520 VISTABASE SERVICES LTD 26 Feb 2014 08912961 HOMEITEMSDEPOT LIMITED 26 Feb 2014 08913464 ROAST@ILFORD LIMITED 26 Feb 2014 08913964 ENERGY PLUS TELECOM LIMITED 27 Feb 2014
reports
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