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

  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. 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)BarkingUK
    2014275143,414
    2013224132,684
    % change22.8%8.1%
    Record Year 2014 (275) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20141047596
    New companies in 2013956069
    % change9.5%25.0%39.1%
    Record Year2014 (104)2014 (75)2014 (96)

Closed Companies (dissolved)

  1. 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)BarkingUK
    2014177101,670
    201312386,170
    % change43.9%18.0%
    Record Year 2014 (177) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014644568
    Closed companies in 2013353850
    % change82.9%18.4%36%
    Record Year2002 (145)2014 (45)2009 (68)

Net Company Growth

  1. 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)BarkingUK
    20149841,744
    201310146,514
    Record Year 2012 (125) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014403028
    Net growth in 2013602219
    Record Year2013 (60)2012 (38)2012 (40)

UK Company Share

  1. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2014 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.1%0.2%
    % change-0.5%19.2%27.6%
    Record Year2013 (0.2%)2012 (0.2%)2014 (0.2%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CARE1.73%CONSULTING5.17%
    CONSULTING1.31%MANAGEMENT4.63%
    CONSULTANTS1.25%CONSULTANCY3.55%
    LONDON1.13%PROPERTY2.62%
    BUSINESS1.07%ENGINEERING2.07%
    CONSULTANCY0.95%CONSTRUCTION2.05%
    CONSTRUCTION0.95%TRADING2.00%
    GLOBAL0.89%LONDON1.95%
    SECURITY0.89%CARE1.94%
    IT0.89%TRANSPORT1.76%
    MANAGEMENT0.89%DESIGN1.70%
    TRADING0.89%CONSULTANTS1.70%
    ASSOCIATES0.66%PROPERTIES1.63%
    PROPERTIES0.60%BUSINESS1.62%
    T0.60%J1.53%
    CO0.60%ELECTRICAL1.53%
    HEALTHCARE0.54%GLOBAL1.51%
    TRANSPORT0.54%INVESTMENTS1.50%
    BARKING0.54%ASSOCIATES1.48%
    TRAINING0.54%MEDIA1.38%
    ENTERPRISES0.54%CO.,1.36%
    TRADERS0.48%DEVELOPMENTS1.35%
    CAR0.48%BUILDING1.30%
    KAMROS0.48%IT1.30%
    BUILDING0.48%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied694278,481
    62020 - Information technology consultancy activities10029,313
    96090 - Other service activities not elsewhere classified7928,224
    70229 - Management consultancy activities other than financial management6040,717
    82990 - Other business support service activities not elsewhere classified4057,264
    99999 - Dormant Company3348,286
    62090 - Other information technology service activities2912,795
    86900 - Other human health activities2811,807
    43390 - Other building completion and finishing265,786
    86101 - Hospital activities193,680
    47910 - Retail sale via mail order houses or via Internet199,914
    86210 - General medical practice activities174,406
    69201 - Accounting and auditing activities167,401
    61900 - Other telecommunications activities162,672
    85600 - Educational support services163,888
    49410 - Freight transport by road169,960
    88990 - Other social work activities without accommodation not elsewhere classified164,382
    62012 - Business and domestic software development159,675
    41202 - Construction of domestic buildings157,151
    45112 - Sale of used cars and light motor vehicles133,397

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09157063 HAVOLA LIMITED 01 Aug 2014
    09163634 R.H. SECURITY CONSULTANTS LTD 06 Aug 2014
    09165215 BSP ENERGY LTD 07 Aug 2014
    09166700 EXCEL PLUS LEARNING LTD 07 Aug 2014
    09169484 GOSHEN LAND LTD 11 Aug 2014
    09170493 LIVE MUNGOA LIMITED 11 Aug 2014
    09171779 YUMMY MUMMY CLUB LIMITED 12 Aug 2014
    09174023 MSI ASSETS LIMITED 13 Aug 2014
    09174131 GUARDIAN ANGELS CARE SERVICES LTD 13 Aug 2014
    09174696 TFM ENTERPRISE LIMITED 13 Aug 2014
    09174977 MACJOAN LTD 14 Aug 2014
    09175434 BRIGHT FUTURE NETWORK LIMITED 14 Aug 2014
    09176763 TOP FLIGHT VIP LTD 14 Aug 2014
    09177391 TECHNOTRADE CONSORTIUM LIMITED 15 Aug 2014
    09178304 COGNOSCENTI PROG. LTD 15 Aug 2014
    09179776 TREDEUFFANG LIMITED 18 Aug 2014
    09180961 VG TRANSPORT (UK) LTD 19 Aug 2014
    09181436 DS CONTRACTORS LTD 19 Aug 2014
    09181653 EXPRESS CLEANING SERVICES LTD 19 Aug 2014
    09182815 WILSOME SERVICES LTD 20 Aug 2014
    09187134 N&O CATERING LIMITED 22 Aug 2014
    09189279 MIND CONSTRUCTION LTD 28 Aug 2014
    09193575 SRJ SYNERGY LIMITED 29 Aug 2014
    09194635 KARACHI HALEEM LIMITED 29 Aug 2014
    09194687 ZSOFT LIMITED 29 Aug 2014