Barking, Essex

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Barking when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Barking when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Barking when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Barking when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Barking when compared to any previous June.
  • May 2014 saw a new record in company registrations in Barking when compared to any previous May.
  • May 2014 was a record month for company registrations in Barking when compared to any month in history.
  • April 2014 saw a new record in company registrations in Barking when compared to any previous April.
  • The first half of 2014 saw a new record in net growth in Barking when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Barking when compared to any half year in history.
  • June 2014 saw a new record in net growth in Barking when compared to any previous June.
  • April 2014 saw a new record in net growth in Barking when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Barking when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Barking when compared to any half year in history.

    In the first half of 2014 a total of 618 companies were formed in Barking. This figure is 24.6% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Barking occurred in 2014 when a total of 618 were formed.

    Half Year (Jan-Jun)BarkingUK
    2014618300,731
    2013496269,432
    % change24.6%11.6%
    Record Year2014 (618)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Barking when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Barking when compared to any quarter in history.

    A total of 343 companies were registered in Barking during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 40.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BarkingUK
    2014343150,009
    2013245134,630
    % change40.0%11.4%
    Record Year 2014 (343) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Barking when compared to any previous June.

    May 2014 saw a new record in company registrations in Barking when compared to any previous May.

    May 2014 was a record month for company registrations in Barking when compared to any month in history.

    April 2014 saw a new record in company registrations in Barking when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014112122109
    New companies in 2013957773
    % change17.9%58.4%49.3%
    Record Year2014 (112)2014 (122)2014 (109)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 303 companies were dissolved in Barking. This figure is 11.0% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Barking occurred in 2009 when a total of 340 were closed.

    Half Year (Jan-Jun)BarkingUK
    2014303177,207
    2013273155,192
    % change11.0%14.2%
    Record Year2009 (340)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 158 companies were dissolved in Barking during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 7.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BarkingUK
    201415894,837
    201314777,278
    % change7.5%22.7%
    Record Year 2009 (231) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014278645
    Closed companies in 2013355161
    % change-22.9%68.6%-26%
    Record Year2009 (80)2009 (101)2013 (61)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Barking when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Barking when compared to any half year in history.

    In the first half of 2014 the company register for Barking increased by 315 companies.

    Half Year (Jan-Jun)BarkingUK
    2014315123,524
    2013223114,240
    Record Year2014 (315)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Barking during the second quarter of 2014 (Apr 2014 - Jun 2014) was 185 companies.

    second quarter (Apr 2014 - Jun 2014)BarkingUK
    201418555,172
    20139857,352
    Record Year 2014 (185) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in net growth in Barking when compared to any previous June.

    April 2014 saw a new record in net growth in Barking when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2014853664
    Net growth in 2013602612
    Record Year2014 (85)2012 (45)2014 (64)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Barking formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Barking
    20140.2%
    20130.2%
    20120.2%
    20110.1%
    20100.2%
    Record Year (since 1960) 1994 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Barking formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Barking
    20140.2%
    20130.2%
    20120.2%
    20110.1%
    20100.2%
    Record Year (since 1960) 2014 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.3%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change6.3%46.2%29.4%
    Record Year2014 (0.2%)2014 (0.3%)2014 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 37.0.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 37.3.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Barking was 2013 when 28.1% of all directors were female.

    25.4% of all director appointments in Barking in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Barking was in 2009 when 29.2% of all directors were female.

    25.6% of all director appointments in Barking in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CARE1.30%CONSULTING5.16%
    BUSINESS1.30%MANAGEMENT4.64%
    LONDON1.18%CONSULTANCY3.50%
    CONSULTING1.18%PROPERTY2.66%
    MANAGEMENT1.11%TRADING2.03%
    CONSULTANCY1.05%ENGINEERING1.99%
    CONSULTANTS1.05%CONSTRUCTION1.93%
    GLOBAL0.93%LONDON1.93%
    CONSTRUCTION0.93%CARE1.85%
    TRADING0.87%DESIGN1.75%
    SECURITY0.74%CONSULTANTS1.73%
    ASSOCIATES0.74%BUSINESS1.69%
    IT0.68%PROPERTIES1.63%
    ENTERPRISES0.56%TRANSPORT1.58%
    MARKETING0.56%GLOBAL1.55%
    CO0.56%INVESTMENTS1.55%
    BARKING0.56%J1.51%
    S0.56%ASSOCIATES1.48%
    TRANSPORT0.56%MEDIA1.44%
    T0.50%ELECTRICAL1.40%
    BUILDING0.50%IT1.33%
    TRADERS0.50%DEVELOPMENTS1.33%
    KAMROS0.50%BUILDING1.26%
    CENTRE0.50%M1.24%
    CAR0.50%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied650261,557
    62020 - Information technology consultancy activities10029,029
    96090 - Other service activities not elsewhere classified8428,352
    70229 - Management consultancy activities other than financial management5740,250
    82990 - Other business support service activities not elsewhere classified4157,421
    99999 - Dormant Company3748,436
    62090 - Other information technology service activities3313,024
    43390 - Other building completion and finishing275,855
    86900 - Other human health activities2211,292
    61900 - Other telecommunications activities182,730
    86210 - General medical practice activities174,176
    69201 - Accounting and auditing activities177,415
    88990 - Other social work activities without accommodation not elsewhere classified174,170
    47910 - Retail sale via mail order houses or via Internet169,900
    62012 - Business and domestic software development169,834
    86101 - Hospital activities163,357
    49410 - Freight transport by road149,265
    56102 - Unlicensed restaurants and cafes144,395
    85590 - Other education not elsewhere classified136,043
    69202 - Bookkeeping activities132,905

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09065630 CITYWATCH SEARCH LIMITED 02 Jun 2014
    09065994 APPS DELIVERY LTD 02 Jun 2014
    09066470 TRZ FURNITURA LIMITED 02 Jun 2014
    09068096 HAS 83 LIMITED 03 Jun 2014
    09069237 FAR AND NAIR LIMITED 03 Jun 2014
    09070549 PAYLESS DISTRIBUTION LIMITED 04 Jun 2014
    09070811 GRANDE ITALIA LIMITED 04 Jun 2014
    09072555 CHITEX & CONSULTS LTD 05 Jun 2014
    09076737 MEGA SECURITY SERVICES LTD 09 Jun 2014
    09076808 ELM COMMERCIAL LIMITED 09 Jun 2014
    09076883 MANK PRIVATE LTD 09 Jun 2014
    09078877 WHITING AVENUE 1962 LIMITED 10 Jun 2014
    09079051 KASIA BARTKOWSKA LIMITED 10 Jun 2014
    09082274 ALI CLEANING LIMITED 11 Jun 2014
    09082349 DEVICE POINT LTD 11 Jun 2014
    09087115 HALLIAN RIBBAHS LIMITED 16 Jun 2014
    09087547 SEMBEH ASSOCIATE LIMITED 16 Jun 2014
    09090409 PT ENGINEERING SERVICE LTD 17 Jun 2014
    09093266 WINDY SYSTEMS LIMITED 19 Jun 2014
    09094611 NATTECH LTD 19 Jun 2014
    09099781 GLOBAL VI5ION LIMITED 24 Jun 2014
    09101545 APPAREL CONNECT LIMITED 25 Jun 2014
    09103581 FAUSTINO TIFFANY & CO LIMITED 26 Jun 2014
    09103785 KMONEY PROJECTS UK LTD 26 Jun 2014
    09105748 WHOLESOME FOOD ENTERPRISES LTD 27 Jun 2014