Barking, Essex
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Barking when compared to any previous Q1.
- March 2015 saw a new record in company registrations in Barking when compared to any previous March.
- February 2015 saw a new record in company closures in Barking when compared to any previous February.
- March 2015 saw a new record in net growth in Barking when compared to any previous March.
- January 2015 saw a new record in net growth in Barking when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Barking when compared to any previous Q1.
A total of 329 companies were registered in Barking during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 19.6% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Barking UK 2015 329 161,156 2014 275 150,722 % change 19.6% 6.9% Record Year 2015 (329) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 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 2015 104 112 113 New companies in 2014 90 78 107 % change 15.6% 43.6% 5.6% Record Year 2013 (113) 1994 (112) 2015 (113)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 153 companies were dissolved in Barking during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 5.5% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Barking UK 2015 153 89,523 2014 145 82,370 % change 5.5% 8.7% Record Year 2015 (153) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 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 2015 33 63 57 Closed companies in 2014 36 57 52 % change -8.3% 10.5% 10% Record Year 2011 (56) 2015 (63) 2009 (90)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Barking during the first quarter of 2015 (Jan 2015 - Mar 2015) was 176 companies.
first quarter (Jan 2015 - Mar 2015) Barking UK 2015 176 71,633 2014 130 68,352 Record Year 2015 (176) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in net growth in Barking when compared to any previous March.
January 2015 saw a new record in net growth in Barking when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 71 49 56 Net growth in 2014 54 21 55 Record Year 2015 (71) 1994 (112) 2015 (56)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Barking formed 0.2% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Barking 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1994 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.2% 0.2% UK formation share in 2014 0.2% 0.2% 0.2% % change 13.4% 32.3% -3.7% Record Year 2013 (0.3%) 1994 (1.3%) 2002 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 38.3.
The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Barking was in 2013 when 43.8% of all directors were female.
23.4% of all director appointments in Barking in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LONDON 1.67% CONSULTING 5.23% CARE 1.61% MANAGEMENT 4.56% CONSTRUCTION 1.32% CONSULTANCY 3.62% GLOBAL 1.09% PROPERTY 2.72% CONSULTING 1.09% CONSTRUCTION 2.19% SECURITY 1.04% CARE 2.13% HEALTHCARE 0.86% ENGINEERING 2.12% TRADING 0.86% LONDON 1.91% CONSULTANCY 0.86% TRADING 1.88% MANAGEMENT 0.81% TRANSPORT 1.82% CONSULTANTS 0.75% ELECTRICAL 1.76% CO 0.69% DESIGN 1.65% BUSINESS 0.69% PROPERTIES 1.63% TRADERS 0.69% CO., 1.58% IT 0.58% J 1.55% ENTERPRISES 0.58% CONSULTANTS 1.54% CAR 0.52% BUSINESS 1.49% ASSOCIATES 0.52% INVESTMENTS 1.49% CLEANING 0.52% GLOBAL 1.46% TECHNOLOGIES 0.46% ASSOCIATES 1.44% TRANSPORT 0.46% DEVELOPMENTS 1.36% TRAINING 0.46% BUILDING 1.31% PROPERTIES 0.46% IT 1.30% HEALTH 0.46% MEDIA 1.28% ACCOUNTANCY 0.46% M 1.27%
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 699 288,953 62020 - Information technology consultancy activities 97 30,825 96090 - Other service activities not elsewhere classified 74 29,218 70229 - Management consultancy activities other than financial management 59 43,081 86900 - Other human health activities 45 13,990 99999 - Dormant Company 45 49,474 82990 - Other business support service activities not elsewhere classified 39 58,522 62090 - Other information technology service activities 29 12,862 86101 - Hospital activities 27 5,043 43390 - Other building completion and finishing 24 6,052 47910 - Retail sale via mail order houses or via Internet 20 10,200 41202 - Construction of domestic buildings 19 7,797 85590 - Other education not elsewhere classified 19 6,238 85600 - Educational support services 19 4,058 49410 - Freight transport by road 18 12,485 88990 - Other social work activities without accommodation not elsewhere classified 18 5,014 86210 - General medical practice activities 17 4,793 61900 - Other telecommunications activities 16 2,726 56103 - Take-away food shops and mobile food stands 16 8,607 69201 - Accounting and auditing activities 15 7,682
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09464324 RELIANCE HOME CARE LIMITED 02 Mar 2015 09466000 RIZ RICE LIMITED 02 Mar 2015 09468719 ANSOLE LIMITED 03 Mar 2015 09470120 SC CONNECT LTD 04 Mar 2015 09471104 SPARROW CLEANING, MASTICKING AND MAINTENANCE LTD 04 Mar 2015 09475096 COMPLETE MECHANICAL ENGINEERING SOLUTIONS LIMITED 06 Mar 2015 09475445 MULTI SERVICES MANAGEMENT LTD. 06 Mar 2015 09476940 GLOBAL SALONE LIMITED 09 Mar 2015 09478396 ALIEASH LIMITED 09 Mar 2015 09478771 VERWED CARE LIMITED 09 Mar 2015 09480185 PAFINA ENTERPRISE LTD 10 Mar 2015 09481248 DEKAMORU AND SONS LTD 10 Mar 2015 09482627 MOHAMED CONSTRUCTIONS LIMITED 10 Mar 2015 09483936 STELLADANIELS LIMITED 11 Mar 2015 09484038 ZIV VISION LTD 11 Mar 2015 09486632 DHILLON SERVICES LTD 12 Mar 2015 09497415 GOLDING FINANCIAL LIMITED 19 Mar 2015 09503740 LS PLUMBING LTD 23 Mar 2015 09505522 ELRIMO FURNITURE LTD 24 Mar 2015 09507760 DYLI RAIL LTD 25 Mar 2015 09508650 GLOBAL PRIME CAPITAL LIMITED 25 Mar 2015 09508731 RAM CONSTRUCTION LIMITED 25 Mar 2015 09508734 RELYER HEALTH LIMITED 25 Mar 2015 09510832 DEVON ROAD MORTGAGES LTD 26 Mar 2015 09512081 MUM YUMS UK LIMITED 26 Mar 2015
reports
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