Barnet, Hertfordshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Barnet when compared to any previous February.

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 2010)

    A total of 259 companies were registered in Barnet during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 10.7% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BarnetUK
    2010259105,137
    200923491,034
    % change10.7%15.5%
    Record Year 2007 (310) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010838393
    New companies in 2009717489
    % change16.9%12.2%4.5%
    Record Year2007 (91)2007 (110)1999 (218)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 196 companies were dissolved in Barnet during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 10.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BarnetUK
    201019682,677
    2009218108,060
    % change-10.1%-23.5%
    Record Year 2009 (218) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Barnet when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010496879
    Closed companies in 20094137140
    % change19.5%83.8%-44%
    Record Year2008 (59)2010 (68)2009 (140)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Barnet during the first quarter of 2010 (Jan 2010 - Mar 2010) was 63 companies.

    first quarter (Jan 2010 - Mar 2010)BarnetUK
    20106322,460
    200916-17,026
    Record Year 1999 (221) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010341514
    Net growth in 20093037-51
    Record Year2007 (49)2007 (72)1999 (190)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Barnet formed 0.2% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Barnet
    20100.2%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1999 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.2%0.2%
    UK formation share in 20090.3%0.3%0.3%
    % change8.5%-4.0%-13.2%
    Record Year1960 (0.8%)1961 (0.9%)1999 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.2.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Barnet was in 1861 when 40.0% of all directors were female.

    26.1% of all director appointments in Barnet in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.64%MANAGEMENT5.01%
    CONSULTING1.35%CONSULTING4.60%
    LONDON1.35%CONSULTANCY2.87%
    CONSULTANCY1.21%PROPERTY2.50%
    PROPERTY0.85%ASSOCIATES2.04%
    ASSOCIATES0.78%TRADING1.93%
    MEDIA0.78%DESIGN1.91%
    J0.71%CONSTRUCTION1.87%
    ENTERPRISES0.71%MEDIA1.84%
    PROPERTIES0.64%BUSINESS1.74%
    INVESTMENTS0.57%INTERNATIONAL1.73%
    PRODUCTIONS0.57%CONSULTANTS1.63%
    CARE0.57%ENGINEERING1.54%
    INVESTMENT0.57%J1.48%
    (LONDON)0.57%LONDON1.45%
    CONSTRUCTION0.50%INVESTMENTS1.45%
    GROUP0.50%GROUP1.37%
    DESIGN0.50%GLOBAL1.35%
    M0.50%PROPERTIES1.35%
    GLOBAL0.50%BUILDING1.34%
    INTERNATIONAL0.50%CARE1.33%
    RECRUITMENT0.50%ELECTRICAL1.30%
    SECURITY0.50%M1.28%
    TRADING0.50%SYSTEMS1.25%
    STAR0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied497228,645
    7487 - Other business activities18174,904
    9999 - Dormant Company8919,948
    82990 - Other business support service activities not elsewhere classified8126,974
    70229 - Management consultancy activities other than financial management4214,007
    7414 - Business & management consultancy4017,003
    99999 - Dormant Company4013,808
    96090 - Other service activities not elsewhere classified378,154
    9305 - Other service activities349,038
    62020 - Information technology consultancy activities329,943
    7499 - Non-trading company2415,398
    7260 - Other computer related activities2210,331
    4521 - General construction & civil engineering209,325
    7222 - Other software consultancy and supply199,659
    5530 - Restaurants184,798
    7011 - Development & sell real estate175,300
    5242 - Retail sale of clothing171,676
    74990 - Non-trading company168,149
    41100 - Development of building projects164,513
    62090 - Other information technology service activities146,340

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07162366 LONDON PLUSH INTERIORS LIMITED 18 Feb 2010
    07155710 24 CORNWALL ROAD LIMITED 12 Feb 2010
    07154767 BEALE'S HOTELS LIMITED 11 Feb 2010
    07153116 E-GO CONNECT LTD 10 Feb 2010
    07149854 MEGO REWARDS LIMITED 08 Feb 2010
    07147666 BRYANT HARVEY PARTNERSHIP LIMITED 05 Feb 2010
    07145394 UNICOMMODATION (UK) LIMITED 03 Feb 2010
    07142137 FOLLOH LTD 01 Feb 2010
    07170751 H KHAIRY LIMITED 26 Feb 2010
    07170683 MKA COMMUNICATIONS LIMITED 26 Feb 2010
    07169401 GARDENING CLUB EXTRA LIMITED 25 Feb 2010
    07163903 ARJOS ACCOUNTING SERVICES LIMITED 22 Feb 2010
    07163349 PYNNACLE LIMITED 19 Feb 2010
    07163146 STANMORE ESPRESSO LOUNGE LIMITED 19 Feb 2010
    07161761 KPM RECRUITMENT SERVICES LIMITED 18 Feb 2010
    07161312 AA PC SUPPORTS LTD 17 Feb 2010
    07161147 FREEDOM EVENTS LIMITED 17 Feb 2010
    07158707 SA1 (UK) LIMITED 16 Feb 2010
    07157115 J H MEDIA LIMITED 15 Feb 2010
    07154672 LANCAM CARE SERVICES LIMITED 11 Feb 2010
    07149120 FULVIA LIMITED 08 Feb 2010
    07148596 SECURITY 24/7 LTD 05 Feb 2010
    07147141 SPARTA CATERING LIMITED 05 Feb 2010
    07145100 ESSEX AND SUFFOLK TILING CONTRACTORS LIMITED 03 Feb 2010
    07144111 MINDFIRE LIMITED 02 Feb 2010