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

  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 (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)BarkingUK
    2015329161,156
    2014275150,722
    % change19.6%6.9%
    Record Year 2015 (329) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2015104112113
    New companies in 20149078107
    % change15.6%43.6%5.6%
    Record Year2013 (113)1994 (112)2015 (113)

Closed Companies (dissolved)

  1. 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)BarkingUK
    201515389,523
    201414582,370
    % change5.5%8.7%
    Record Year 2015 (153) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2015336357
    Closed companies in 2014365752
    % change-8.3%10.5%10%
    Record Year2011 (56)2015 (63)2009 (90)

Net Company Growth

  1. 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)BarkingUK
    201517671,633
    201413068,352
    Record Year 2015 (176) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2015714956
    Net growth in 2014542155
    Record Year2015 (71)1994 (112)2015 (56)

UK Company Share

  1. 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
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1994 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.2%
    UK formation share in 20140.2%0.2%0.2%
    % change13.4%32.3%-3.7%
    Record Year2013 (0.3%)1994 (1.3%)2002 (0.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    LONDON1.67%CONSULTING5.23%
    CARE1.61%MANAGEMENT4.56%
    CONSTRUCTION1.32%CONSULTANCY3.62%
    GLOBAL1.09%PROPERTY2.72%
    CONSULTING1.09%CONSTRUCTION2.19%
    SECURITY1.04%CARE2.13%
    HEALTHCARE0.86%ENGINEERING2.12%
    TRADING0.86%LONDON1.91%
    CONSULTANCY0.86%TRADING1.88%
    MANAGEMENT0.81%TRANSPORT1.82%
    CONSULTANTS0.75%ELECTRICAL1.76%
    CO0.69%DESIGN1.65%
    BUSINESS0.69%PROPERTIES1.63%
    TRADERS0.69%CO.,1.58%
    IT0.58%J1.55%
    ENTERPRISES0.58%CONSULTANTS1.54%
    CAR0.52%BUSINESS1.49%
    ASSOCIATES0.52%INVESTMENTS1.49%
    CLEANING0.52%GLOBAL1.46%
    TECHNOLOGIES0.46%ASSOCIATES1.44%
    TRANSPORT0.46%DEVELOPMENTS1.36%
    TRAINING0.46%BUILDING1.31%
    PROPERTIES0.46%IT1.30%
    HEALTH0.46%MEDIA1.28%
    ACCOUNTANCY0.46%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied699288,953
    62020 - Information technology consultancy activities9730,825
    96090 - Other service activities not elsewhere classified7429,218
    70229 - Management consultancy activities other than financial management5943,081
    86900 - Other human health activities4513,990
    99999 - Dormant Company4549,474
    82990 - Other business support service activities not elsewhere classified3958,522
    62090 - Other information technology service activities2912,862
    86101 - Hospital activities275,043
    43390 - Other building completion and finishing246,052
    47910 - Retail sale via mail order houses or via Internet2010,200
    41202 - Construction of domestic buildings197,797
    85590 - Other education not elsewhere classified196,238
    85600 - Educational support services194,058
    49410 - Freight transport by road1812,485
    88990 - Other social work activities without accommodation not elsewhere classified185,014
    86210 - General medical practice activities174,793
    61900 - Other telecommunications activities162,726
    56103 - Take-away food shops and mobile food stands168,607
    69201 - Accounting and auditing activities157,682

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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