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
New Company Registrations
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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) Barnet UK 2010 259 105,137 2009 234 91,034 % change 10.7% 15.5% Record Year 2007 (310) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 83 83 93 New companies in 2009 71 74 89 % change 16.9% 12.2% 4.5% Record Year 2007 (91) 2007 (110) 1999 (218)
Closed Companies (dissolved)
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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) Barnet UK 2010 196 82,677 2009 218 108,060 % change -10.1% -23.5% Record Year 2009 (218) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 49 68 79 Closed companies in 2009 41 37 140 % change 19.5% 83.8% -44% Record Year 2008 (59) 2010 (68) 2009 (140)
Net Company Growth
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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) Barnet UK 2010 63 22,460 2009 16 -17,026 Record Year 1999 (221) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 34 15 14 Net growth in 2009 30 37 -51 Record Year 2007 (49) 2007 (72) 1999 (190)
UK Company Share
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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 2010 0.2% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1999 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.2% 0.2% UK formation share in 2009 0.3% 0.3% 0.3% % change 8.5% -4.0% -13.2% Record Year 1960 (0.8%) 1961 (0.9%) 1999 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.64% MANAGEMENT 5.01% CONSULTING 1.35% CONSULTING 4.60% LONDON 1.35% CONSULTANCY 2.87% CONSULTANCY 1.21% PROPERTY 2.50% PROPERTY 0.85% ASSOCIATES 2.04% ASSOCIATES 0.78% TRADING 1.93% MEDIA 0.78% DESIGN 1.91% J 0.71% CONSTRUCTION 1.87% ENTERPRISES 0.71% MEDIA 1.84% PROPERTIES 0.64% BUSINESS 1.74% INVESTMENTS 0.57% INTERNATIONAL 1.73% PRODUCTIONS 0.57% CONSULTANTS 1.63% CARE 0.57% ENGINEERING 1.54% INVESTMENT 0.57% J 1.48% (LONDON) 0.57% LONDON 1.45% CONSTRUCTION 0.50% INVESTMENTS 1.45% GROUP 0.50% GROUP 1.37% DESIGN 0.50% GLOBAL 1.35% M 0.50% PROPERTIES 1.35% GLOBAL 0.50% BUILDING 1.34% INTERNATIONAL 0.50% CARE 1.33% RECRUITMENT 0.50% ELECTRICAL 1.30% SECURITY 0.50% M 1.28% TRADING 0.50% SYSTEMS 1.25% STAR 0.43% S 1.23%
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 497 228,645 7487 - Other business activities 181 74,904 9999 - Dormant Company 89 19,948 82990 - Other business support service activities not elsewhere classified 81 26,974 70229 - Management consultancy activities other than financial management 42 14,007 7414 - Business & management consultancy 40 17,003 99999 - Dormant Company 40 13,808 96090 - Other service activities not elsewhere classified 37 8,154 9305 - Other service activities 34 9,038 62020 - Information technology consultancy activities 32 9,943 7499 - Non-trading company 24 15,398 7260 - Other computer related activities 22 10,331 4521 - General construction & civil engineering 20 9,325 7222 - Other software consultancy and supply 19 9,659 5530 - Restaurants 18 4,798 7011 - Development & sell real estate 17 5,300 5242 - Retail sale of clothing 17 1,676 74990 - Non-trading company 16 8,149 41100 - Development of building projects 16 4,513 62090 - Other information technology service activities 14 6,340
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07206500 ASEP MOUNTAIN LIMITED 29 Mar 2010 07206307 CURERSTUFF LTD 29 Mar 2010 07200558 BURSELL ELECTRICAL LIMITED 23 Mar 2010 07200120 MUTFUNG LIMITED 23 Mar 2010 07199997 SKY CONSTRUCTION LIMITED 23 Mar 2010 07194260 RM PARTNERS LIMITED 18 Mar 2010 07194065 KATERLINK UK LIMITED 18 Mar 2010 07192733 CREO CONSULTING LTD 17 Mar 2010 07190924 OHLONDON LIMITED 16 Mar 2010 07175011 QUOBIX LTD 02 Mar 2010 OC352745 PAPER HIGH TRADING LLP 02 Mar 2010 07209546 DENBY WOODVILLE LTD 31 Mar 2010 07208114 BARNET ORTHODONTIC PRACTICE LIMITED 30 Mar 2010 07206169 FELLOW HQ LTD 29 Mar 2010 07200548 AMBER CONSULTING LTD 23 Mar 2010 07199497 L MASTERS LIMITED 23 Mar 2010 07199478 A & H MAHMOOD LIMITED 23 Mar 2010 07188443 T K SPIN LIMITED 12 Mar 2010 07185932 GIMI UK LIMITED 11 Mar 2010 07180865 AIR CONDITIONING & HEAT PUMPS LIMITED 06 Mar 2010 07178823 TOO SAINTLY SOLUTIONS LIMITED 04 Mar 2010 07178406 SIGNATURE 4 YOU LTD 04 Mar 2010 07177928 FOOD DIRECT INTERNATIONAL LTD 04 Mar 2010 07176036 A K & E F BURNS LIMITED 03 Mar 2010 OC353159 DAVID ATKINSON LLP 11 Mar 2010
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