Barking, Essex
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Barking when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Barking when compared to any previous September.
- August 2014 saw a new record in company registrations in Barking when compared to any previous August.
- July 2014 saw a new record in company registrations in Barking when compared to any previous July.
- September 2014 saw a new record in company closures in Barking when compared to any previous September.
- August 2014 saw a new record in company closures in Barking when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Barking when compared to any previous Q3.
A total of 275 companies were registered in Barking during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 22.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Barking UK 2014 275 143,414 2013 224 132,684 % change 22.8% 8.1% Record Year 2014 (275) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Barking when compared to any previous September.
August 2014 saw a new record in company registrations in Barking when compared to any previous August.
July 2014 saw a new record in company registrations in Barking when compared to any previous July.
New Companies by Month
July August September New companies in 2014 104 75 96 New companies in 2013 95 60 69 % change 9.5% 25.0% 39.1% Record Year 2014 (104) 2014 (75) 2014 (96)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 177 companies were dissolved in Barking during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 43.9% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Barking UK 2014 177 101,670 2013 123 86,170 % change 43.9% 18.0% Record Year 2014 (177) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company closures in Barking when compared to any previous September.
August 2014 saw a new record in company closures in Barking when compared to any previous August.
Dissolved Companies by Month
July August September Closed companies in 2014 64 45 68 Closed companies in 2013 35 38 50 % change 82.9% 18.4% 36% Record Year 2002 (145) 2014 (45) 2009 (68)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Barking during the third quarter of 2014 (Jul 2014 - Sep 2014) was 98 companies.
third quarter (Jul 2014 - Sep 2014) Barking UK 2014 98 41,744 2013 101 46,514 Record Year 2012 (125) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 40 30 28 Net growth in 2013 60 22 19 Record Year 2013 (60) 2012 (38) 2012 (40)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Barking formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Barking 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2014 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.1% 0.2% % change -0.5% 19.2% 27.6% Record Year 2013 (0.2%) 2012 (0.2%) 2014 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 37.4.
The percentage of directors under the age of 25 was 0.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Barking was in 2011 when 28.1% of all directors were female.
26.7% of all director appointments in Barking in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.73% CONSULTING 5.17% CONSULTING 1.31% MANAGEMENT 4.63% CONSULTANTS 1.25% CONSULTANCY 3.55% LONDON 1.13% PROPERTY 2.62% BUSINESS 1.07% ENGINEERING 2.07% CONSULTANCY 0.95% CONSTRUCTION 2.05% CONSTRUCTION 0.95% TRADING 2.00% GLOBAL 0.89% LONDON 1.95% SECURITY 0.89% CARE 1.94% IT 0.89% TRANSPORT 1.76% MANAGEMENT 0.89% DESIGN 1.70% TRADING 0.89% CONSULTANTS 1.70% ASSOCIATES 0.66% PROPERTIES 1.63% PROPERTIES 0.60% BUSINESS 1.62% T 0.60% J 1.53% CO 0.60% ELECTRICAL 1.53% HEALTHCARE 0.54% GLOBAL 1.51% TRANSPORT 0.54% INVESTMENTS 1.50% BARKING 0.54% ASSOCIATES 1.48% TRAINING 0.54% MEDIA 1.38% ENTERPRISES 0.54% CO., 1.36% TRADERS 0.48% DEVELOPMENTS 1.35% CAR 0.48% BUILDING 1.30% KAMROS 0.48% IT 1.30% BUILDING 0.48% M 1.23%
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 694 278,481 62020 - Information technology consultancy activities 100 29,313 96090 - Other service activities not elsewhere classified 79 28,224 70229 - Management consultancy activities other than financial management 60 40,717 82990 - Other business support service activities not elsewhere classified 40 57,264 99999 - Dormant Company 33 48,286 62090 - Other information technology service activities 29 12,795 86900 - Other human health activities 28 11,807 43390 - Other building completion and finishing 26 5,786 86101 - Hospital activities 19 3,680 47910 - Retail sale via mail order houses or via Internet 19 9,914 86210 - General medical practice activities 17 4,406 69201 - Accounting and auditing activities 16 7,401 61900 - Other telecommunications activities 16 2,672 85600 - Educational support services 16 3,888 49410 - Freight transport by road 16 9,960 88990 - Other social work activities without accommodation not elsewhere classified 16 4,382 62012 - Business and domestic software development 15 9,675 41202 - Construction of domestic buildings 15 7,151 45112 - Sale of used cars and light motor vehicles 13 3,397
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09197555 TAJARBA LTD 01 Sep 2014 09201654 NIYAMA (UK) CONSULTING SERVICES LIMITED 03 Sep 2014 09207805 ELIBE LIMITED 08 Sep 2014 09208750 BARGAIN 4 U LTD 08 Sep 2014 09209211 DR MOGHUL LOCUMS LTD 09 Sep 2014 09209546 COSTEL TANASCHE COVALEA LTD 09 Sep 2014 09209743 PRIMEVAL STUDIOS LTD 09 Sep 2014 09209777 MARJANI LTD 09 Sep 2014 09217176 ABS MAINTENANCE LTD 15 Sep 2014 09218996 REELLIGHT LIMITED 15 Sep 2014 09219012 EXCHANGE24 TECH LIMITED 15 Sep 2014 09219200 KAY'S CUSTOMS DESIGNS LIMITED 15 Sep 2014 09219994 HIGH TECH SECURITY LIMITED 16 Sep 2014 09221810 HONEYLOLA CARE LIMITED 17 Sep 2014 09223476 TKT CONSTRUCT LTD 17 Sep 2014 09227345 THE BOATHOUSE BARKING CIC 19 Sep 2014 09227771 LS BRIGHT DESIGN LTD 22 Sep 2014 09228162 QUEENSBURY OFFICES LIMITED 22 Sep 2014 09228737 AL-MAKKAH TRADERS PVT LTD 22 Sep 2014 09231059 JUST SPICE LIMITED 23 Sep 2014 09233477 VKD KRASTEV LTD 24 Sep 2014 09233800 DARADUN SERVICES LTD 24 Sep 2014 09238478 FREE TRADE BEERS LTD. 29 Sep 2014 09238601 FREE TRADE GROUP (UK) LTD. 29 Sep 2014 09240838 INTERFORCE LIMITED 30 Sep 2014
reports
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