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

  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 (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)BarnetUK
    2010222101,492
    200922094,671
    % change0.9%7.2%
    Record Year 2008 (248) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010796677
    New companies in 2009865183
    % change-8.1%29.4%-7.2%
    Record Year2008 (87)2005 (84)2008 (83)

Closed Companies (dissolved)

  1. 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)BarnetUK
    201024587,705
    2009261159,401
    % change-6.1%-45.0%
    Record Year 2009 (261) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 20106611762
    Closed companies in 20095972130
    % change11.9%62.5%-52%
    Record Year2010 (66)2008 (121)2009 (130)

Net Company Growth

  1. 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)BarnetUK
    2010-2313,787
    2009-41-64,730
    Record Year 2006 (118) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201013-5115
    Net growth in 200927-21-47
    Record Year2008 (73)2003 (39)2002 (68)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1963 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.3%0.2%0.2%
    % change-14.6%17.5%-11.0%
    Record Year1969 (0.6%)1963 (1.0%)1963 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.39%MANAGEMENT5.06%
    CONSULTING1.39%CONSULTING4.99%
    LONDON1.33%CONSULTANCY3.12%
    MANAGEMENT1.19%PROPERTY2.38%
    PROPERTIES1.00%TRADING2.04%
    BARNET0.80%ASSOCIATES2.01%
    (LONDON)0.80%DESIGN1.93%
    INVESTMENTS0.73%CONSTRUCTION1.86%
    MEDIA0.73%BUSINESS1.80%
    CONSULTANTS0.66%MEDIA1.75%
    J0.60%CONSULTANTS1.73%
    CONSTRUCTION0.60%LONDON1.59%
    ASSOCIATES0.53%ENGINEERING1.59%
    TRADING0.53%INVESTMENTS1.49%
    GLOBAL0.53%CARE1.44%
    PARTNERSHIP0.53%J1.44%
    D0.46%INTERNATIONAL1.43%
    PROPERTY0.46%GLOBAL1.42%
    PRODUCTIONS0.46%IT1.35%
    ROAD0.46%PROPERTIES1.35%
    ENTERPRISES0.46%BUILDING1.32%
    DESIGN0.40%ELECTRICAL1.30%
    CARE0.40%M1.28%
    RED0.40%SYSTEMS1.26%
    BUILDING0.40%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied469202,902
    7487 - Other business activities19969,802
    82990 - Other business support service activities not elsewhere classified8425,053
    9999 - Dormant Company8321,484
    99999 - Dormant Company3814,072
    70229 - Management consultancy activities other than financial management3713,161
    9305 - Other service activities379,454
    96090 - Other service activities not elsewhere classified347,767
    7414 - Business & management consultancy3014,940
    62020 - Information technology consultancy activities298,292
    7499 - Non-trading company2413,408
    7222 - Other software consultancy and supply208,183
    74990 - Non-trading company187,649
    4521 - General construction & civil engineering187,634
    5530 - Restaurants185,181
    7260 - Other computer related activities168,967
    7032 - Manage real estate, fee or contract162,472
    62090 - Other information technology service activities165,716
    68209 - Other letting and operating of own or leased real estate143,631
    5242 - Retail sale of clothing131,740

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07357214 VHCJ LTD 25 Aug 2010
    07349089 CRESTSTATE LIMITED 18 Aug 2010
    07348835 HADLEY ASSOCIATES LTD 18 Aug 2010
    07346902 NEXCONCEPT LIMITED 16 Aug 2010
    07346548 POMODORO PIZZA LIMITED 16 Aug 2010
    07346008 INNOVATE HOUSING SERVICES LTD 16 Aug 2010
    07339170 MIDDLE BRAIN SOLUTIONS LIMITED 09 Aug 2010
    07360257 G CHAPMAN LIMITED 31 Aug 2010
    07359770 RONNOCO BUILDING SERVICES LIMITED 27 Aug 2010
    07359735 PARKSIDE PRE-SCHOOL LIMITED 27 Aug 2010
    07356479 CHEWZI LTD 25 Aug 2010
    07356217 CHINA GARDEN (BRENTWOOD) LTD 25 Aug 2010
    07355720 BW PLUMBING & HEATING LTD 24 Aug 2010
    07354926 DIGITALEADS LTD 24 Aug 2010
    07348511 MAZE COLLECTIONS LIMITED 17 Aug 2010
    07346004 D&S IT CONSULTANCY LIMITED 16 Aug 2010
    07343374 MEDENTIS CONSULTING LTD 11 Aug 2010
    07343149 KINGSWOOD BESPOKE LIMITED 11 Aug 2010
    07341828 PULHAM PUBS LIMITED 10 Aug 2010
    07340380 EOS HEALTHCARE LIMITED 09 Aug 2010
    07338156 CRYSTAL COSMETICS LTD 06 Aug 2010
    07336889 PLUMBJET (LONDON) LIMITED 05 Aug 2010
    07335387 VIRGIN WILDERNESS LTD 04 Aug 2010
    07333072 ARMADEIRA DATA SERVICES LIMITED 02 Aug 2010
    OC356875 AUDLEY BISHOPS STORTFORD LLP 02 Aug 2010