Barking, Essex
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Barking when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Barking when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Barking when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Barking when compared to any previous December.
- October 2014 saw a new record in company registrations in Barking when compared to any previous October.
- 2014 was a record year for company closures in Barking when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Barking when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Barking when compared to any half year in history.
- December 2014 saw a new record in company closures in Barking when compared to any previous December.
- 2014 was a record year for net growth in Barking when compared to any year in history.
- October 2014 saw a new record in net growth in Barking when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Barking when compared to any year in history.
A total of 1,157 companies were formed in Barking in 2014. This total is 19.5% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Barking UK 2014 1,157 582,051 2013 968 529,363 2012 854 491,893 2011 720 452,870 2010 636 400,358 Record Year 2014 (1,157) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Barking when compared to any previous second half year.
In the second half of 2014 a total of 539 companies were formed in Barking. This figure is 14.2% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Barking occurred in 2014 when a total of 539 were formed.
Half Year (Jul-Dec) Barking UK 2014 539 281,320 2013 472 259,931 % change 14.2% 8.2% Record Year 2014 (539) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Barking when compared to any previous Q4.
A total of 264 companies were registered in Barking during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 6.5% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Barking UK 2014 264 137,906 2013 248 127,247 % change 6.5% 8.4% Record Year 2014 (264) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Barking when compared to any previous December.
October 2014 saw a new record in company registrations in Barking when compared to any previous October.
New Companies by Month
October November December New companies in 2014 98 78 88 New companies in 2013 96 88 64 % change 2.1% -11.4% 37.5% Record Year 2014 (98) 2013 (88) 2014 (88)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Barking when compared to any year in history.
A total of 645 companies were dissolved in Barking in 2014. This total is 13.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Barking UK 2014 645 367,937 2013 570 332,213 2012 430 293,729 2011 467 314,524 2010 462 342,233 Record Year 2014 (645) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Barking when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Barking when compared to any half year in history.
In the second half of 2014 a total of 342 companies were dissolved in Barking. This figure is 15.2% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Barking occurred in 2014 when a total of 342 were closed.
Half Year (Jul-Dec) Barking UK 2014 342 190,730 2013 297 177,021 % change 15.2% 7.7% Record Year 2014 (342) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 165 companies were dissolved in Barking during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 5.2% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Barking UK 2014 165 89,060 2013 174 90,851 % change -5.2% -2.0% Record Year 2013 (174) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Barking when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 46 53 66 Closed companies in 2013 60 63 51 % change -23.3% -15.9% 29% Record Year 2013 (60) 2013 (63) 2014 (66)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Barking when compared to any year in history.
A total of 512 companies were added to the company register for Barking in 2014. This number represents growth of 44.3% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 114 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Barking company register grew by 512 companies.
Year Barking UK 2014 512 214,114 2013 398 197,150 2012 424 198,164 2011 253 138,346 2010 174 58,125 Record Year 2014 (512) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Barking increased by 197 companies.
Half Year (Jul-Dec) Barking UK 2014 197 90,590 2013 175 82,910 Record Year 2012 (230) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Barking during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 99 companies.
fourth quarter (Oct 2014 - Dec 2014) Barking UK 2014 99 48,846 2013 74 36,396 Record Year 2012 (105) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Barking when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 52 25 22 Net growth in 2013 36 25 13 Record Year 2014 (52) 2012 (33) 2012 (40)
UK Company Share
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Annual Data (2014)
In 2014 Barking formed 0.2% of all UK companies. This is no change on 2013 when Barking was responsible for 0.2% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Barking formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Barking formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Barking 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2013 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -2.9% -15.8% 17.7% Record Year 2013 (0.2%) 2013 (0.2%) 2014 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 37.1.
The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 37.2.
The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 37.0.
The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Barking was 2011 when 25.6% of all directors were female.
The percentage of female directors in Barking in 2014 was 25.0%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Barking was 2008 when 27.0% of all directors were female.
24.4% of all director appointments in Barking in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Barking was in 2008 when 25.8% of all directors were female.
22.1% of all director appointments in Barking in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.61% CONSULTING 5.22% LONDON 1.55% MANAGEMENT 4.58% CONSULTING 1.37% CONSULTANCY 3.57% SECURITY 0.95% PROPERTY 2.66% CONSULTANTS 0.95% CONSTRUCTION 2.12% TRADING 0.89% ENGINEERING 2.10% GLOBAL 0.89% CARE 2.02% CONSTRUCTION 0.89% TRADING 1.94% CONSULTANCY 0.89% LONDON 1.93% MANAGEMENT 0.83% TRANSPORT 1.93% HEALTHCARE 0.72% DESIGN 1.66% IT 0.66% CONSULTANTS 1.64% ASSOCIATES 0.66% ELECTRICAL 1.62% CO 0.66% PROPERTIES 1.62% TRADERS 0.60% BUSINESS 1.56% ENTERPRISES 0.60% J 1.54% BUSINESS 0.60% CO., 1.50% PROPERTIES 0.54% GLOBAL 1.49% CENTRE 0.54% INVESTMENTS 1.48% TECHNOLOGIES 0.48% ASSOCIATES 1.47% CLEANING 0.48% DEVELOPMENTS 1.35% TRANSPORT 0.48% MEDIA 1.33% TRAINING 0.48% IT 1.31% CAR 0.48% BUILDING 1.29% SOLUTION 0.48% M 1.22%
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 650 265,608 62020 - Information technology consultancy activities 103 30,178 96090 - Other service activities not elsewhere classified 79 29,009 70229 - Management consultancy activities other than financial management 60 42,290 99999 - Dormant Company 46 48,509 86900 - Other human health activities 39 12,976 82990 - Other business support service activities not elsewhere classified 38 58,068 62090 - Other information technology service activities 27 12,837 43390 - Other building completion and finishing 24 5,931 86101 - Hospital activities 21 4,366 41202 - Construction of domestic buildings 20 7,559 85590 - Other education not elsewhere classified 19 6,206 47910 - Retail sale via mail order houses or via Internet 19 10,107 85600 - Educational support services 17 4,012 86210 - General medical practice activities 17 4,591 88990 - Other social work activities without accommodation not elsewhere classified 16 4,756 56102 - Unlicensed restaurants and cafes 16 4,745 62012 - Business and domestic software development 16 9,752 61900 - Other telecommunications activities 16 2,749 69201 - Accounting and auditing activities 15 7,528
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09334008 Q-GUARD SECURITY LTD 01 Dec 2014 09334573 PROPERTY LOVER LTD 01 Dec 2014 09334829 FARADAY CONTRACTORS LTD 01 Dec 2014 09335870 JOE SUPPORT SERVICE LTD 02 Dec 2014 09338053 HIPPOTANK LTD 03 Dec 2014 09338334 CONSTRUPLAN LTD. 03 Dec 2014 09339025 GLOBAL TRENDZ LIMITED 03 Dec 2014 09340083 FIRST CONTACT SOLUTION LTD 03 Dec 2014 09340202 NEKKANTI SOLUTIONS LIMITED 03 Dec 2014 09341173 MIHAI SOLUTION LTD 04 Dec 2014 09342061 SANDY HELPS LTD 05 Dec 2014 09343194 AV LONDON LTD 05 Dec 2014 09345178 DE-ULTIMATE COMPUTER SPECIALISTS UK LTD 08 Dec 2014 09346886 VASILE POP LTD 09 Dec 2014 09348086 NAKEEBAN LIMITED 09 Dec 2014 09349732 AHEAD ONLY LIMITED 10 Dec 2014 09355076 M R ACCOUNTANCY & SERVICE LTD 15 Dec 2014 09355105 SAHANA DATA SOLUTIONS UK LTD 15 Dec 2014 09358161 LONDON SMART BUILDERS LTD 17 Dec 2014 09364102 CERTIFIED SUPPORT SERVICES LTD 22 Dec 2014 09366396 RAANIS ASSOCIATES LIMITED 23 Dec 2014 09369465 INVOKERS LIMITED 30 Dec 2014 09370265 PHANTOM CONSULTANCY LIMITED 31 Dec 2014 09370680 EME GLOBAL LTD 31 Dec 2014 09370815 QUADT RECRUITMENT LTD 31 Dec 2014
reports
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