Barnet, Hertfordshire
Q3 2010 Business Confidence Report
Headlines
- July 2010 saw a new record in company closures in Barnet when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 222 companies were registered in Barnet during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 0.9% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Barnet UK 2010 222 101,492 2009 220 94,671 % change 0.9% 7.2% Record Year 2008 (248) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 79 66 77 New companies in 2009 86 51 83 % change -8.1% 29.4% -7.2% Record Year 2008 (87) 2005 (84) 2008 (83)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 245 companies were dissolved in Barnet during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 6.1% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Barnet UK 2010 245 87,705 2009 261 159,401 % change -6.1% -45.0% Record Year 2009 (261) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
July 2010 saw a new record in company closures in Barnet when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 66 117 62 Closed companies in 2009 59 72 130 % change 11.9% 62.5% -52% Record Year 2010 (66) 2008 (121) 2009 (130)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Barnet during the third quarter of 2010 (Jul 2010 - Sep 2010) was -23 companies.
third quarter (Jul 2010 - Sep 2010) Barnet UK 2010 -23 13,787 2009 -41 -64,730 Record Year 2006 (118) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 13 -51 15 Net growth in 2009 27 -21 -47 Record Year 2008 (73) 2003 (39) 2002 (68)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Barnet formed 0.2% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Barnet 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1963 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.3% 0.2% 0.2% % change -14.6% 17.5% -11.0% Record Year 1969 (0.6%) 1963 (1.0%) 1963 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 44.5.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Barnet was in 1862 when 50.0% of all directors were female.
27.8% of all director appointments in Barnet in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.39% MANAGEMENT 5.06% CONSULTING 1.39% CONSULTING 4.99% LONDON 1.33% CONSULTANCY 3.12% MANAGEMENT 1.19% PROPERTY 2.38% PROPERTIES 1.00% TRADING 2.04% BARNET 0.80% ASSOCIATES 2.01% (LONDON) 0.80% DESIGN 1.93% INVESTMENTS 0.73% CONSTRUCTION 1.86% MEDIA 0.73% BUSINESS 1.80% CONSULTANTS 0.66% MEDIA 1.75% J 0.60% CONSULTANTS 1.73% CONSTRUCTION 0.60% LONDON 1.59% ASSOCIATES 0.53% ENGINEERING 1.59% TRADING 0.53% INVESTMENTS 1.49% GLOBAL 0.53% CARE 1.44% PARTNERSHIP 0.53% J 1.44% D 0.46% INTERNATIONAL 1.43% PROPERTY 0.46% GLOBAL 1.42% PRODUCTIONS 0.46% IT 1.35% ROAD 0.46% PROPERTIES 1.35% ENTERPRISES 0.46% BUILDING 1.32% DESIGN 0.40% ELECTRICAL 1.30% CARE 0.40% M 1.28% RED 0.40% SYSTEMS 1.26% BUILDING 0.40% S 1.24%
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 469 202,902 7487 - Other business activities 199 69,802 82990 - Other business support service activities not elsewhere classified 84 25,053 9999 - Dormant Company 83 21,484 99999 - Dormant Company 38 14,072 70229 - Management consultancy activities other than financial management 37 13,161 9305 - Other service activities 37 9,454 96090 - Other service activities not elsewhere classified 34 7,767 7414 - Business & management consultancy 30 14,940 62020 - Information technology consultancy activities 29 8,292 7499 - Non-trading company 24 13,408 7222 - Other software consultancy and supply 20 8,183 74990 - Non-trading company 18 7,649 4521 - General construction & civil engineering 18 7,634 5530 - Restaurants 18 5,181 7260 - Other computer related activities 16 8,967 7032 - Manage real estate, fee or contract 16 2,472 62090 - Other information technology service activities 16 5,716 68209 - Other letting and operating of own or leased real estate 14 3,631 5242 - Retail sale of clothing 13 1,740
Recent Companies
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Randomly selected companies from this quarter
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