Barnet, Hertfordshire

2010 Annual Business Confidence Report

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. Annual Data (2010)

    A total of 983 companies were formed in Barnet in 2010. This total is 12.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBarnetUK
    2010983400,358
    2009878362,675
    2008889349,203
    20071,000457,649
    2006933405,440
    Record Year2007 (1,000)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 451 companies were formed in Barnet. This figure is 9.2% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Barnet occurred in 2006 when a total of 477 were formed.

    Half Year (Jul-Dec)BarnetUK
    2010451196,609
    2009413180,654
    % change9.2%8.8%
    Record Year2006 (477)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 229 companies were registered in Barnet during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 18.7% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BarnetUK
    201022995,117
    200919385,983
    % change18.7%10.6%
    Record Year 2007 (244) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010678775
    New companies in 2009706657
    % change-4.3%31.8%31.6%
    Record Year2007 (99)2007 (97)2006 (77)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 812 companies were dissolved in Barnet in 2010. This total is 25.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBarnetUK
    2010812342,232
    20091,088533,773
    2008520237,901
    2007497220,295
    2006447200,166
    Record Year2009 (1,088)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 379 companies were dissolved in Barnet. This figure is 14.8% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Barnet occurred in 2009 when a total of 445 were closed.

    Half Year (Jul-Dec)BarnetUK
    2010379164,601
    2009445244,537
    % change-14.8%-32.7%
    Record Year2009 (445)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 134 companies were dissolved in Barnet during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 27.2% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BarnetUK
    201013476,896
    200918485,136
    % change-27.2%-9.7%
    Record Year 2009 (184) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010455633
    Closed companies in 2009425983
    % change7.1%-5.1%-60%
    Record Year2002 (65)2002 (63)2009 (83)

Net Company Growth

  1. Annual Data (2010)

    A total of 171 companies were added to the company register for Barnet in 2010. This number represents growth of 19.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 381 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 1999 when the Barnet company register grew by 513 companies.

    YearBarnetUK
    201017158,126
    2009-210-171,098
    2008369111,302
    2007503237,354
    2006486205,274
    Record Year1999 (513)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Barnet increased by 72 companies.

    Half Year (Jul-Dec)BarnetUK
    20107232,008
    2009-32-63,883
    Record Year2006 (249)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Barnet during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 95 companies.

    fourth quarter (Oct 2010 - Dec 2010)BarnetUK
    20109518,221
    20099847
    Record Year 2007 (133) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010223142
    Net growth in 2009287-26
    Record Year2003 (62)2007 (51)2006 (53)

UK Company Share

  1. Annual Data (2010)

    In 2010 Barnet formed 0.2% of all UK companies. This is no change on 2009 when Barnet was responsible for 0.2% of all UK companies.

    YearBarnet
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960)1963 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Barnet formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Barnet
    20100.2%
    20090.2%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Barnet
    20100.2%
    20090.2%
    20080.2%
    20070.3%
    20060.3%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.3%0.3%
    UK formation share in 20090.2%0.2%0.2%
    % change-16.2%17.9%25.2%
    Record Year1962 (0.7%)1970 (0.5%)1989 (0.5%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.6.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.4.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.2.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Barnet was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Barnet in 2010 was 23.1%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Barnet was 1860 when 42.9% of all directors were female.

    25.5% of all director appointments in Barnet in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Barnet was in 1977 when 31.1% of all directors were female.

    23.1% of all director appointments in Barnet in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING1.59%CONSULTING5.06%
    MANAGEMENT1.52%MANAGEMENT5.01%
    LONDON1.39%CONSULTANCY3.14%
    CONSULTANCY1.32%PROPERTY2.36%
    PROPERTIES0.99%TRADING2.11%
    ASSOCIATES0.92%ASSOCIATES1.95%
    BARNET0.79%DESIGN1.92%
    CONSTRUCTION0.73%BUSINESS1.82%
    INVESTMENTS0.73%CONSTRUCTION1.82%
    TRADING0.66%CONSULTANTS1.76%
    MEDIA0.66%MEDIA1.71%
    CONSULTANTS0.66%ENGINEERING1.62%
    DESIGN0.59%LONDON1.60%
    PROPERTY0.59%CARE1.45%
    (LONDON)0.53%INVESTMENTS1.44%
    ROAD0.53%GLOBAL1.43%
    PARTNERSHIP0.53%J1.42%
    BUSINESS0.46%IT1.41%
    K0.46%PROPERTIES1.34%
    J0.46%INTERNATIONAL1.34%
    RECRUITMENT0.40%BUILDING1.34%
    C0.40%M1.30%
    IT0.40%ELECTRICAL1.25%
    GROUP0.40%SYSTEMS1.24%
    GLOBAL0.40%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied453199,572
    7487 - Other business activities17963,348
    82990 - Other business support service activities not elsewhere classified9127,550
    9999 - Dormant Company5620,144
    96090 - Other service activities not elsewhere classified418,799
    99999 - Dormant Company3916,285
    9305 - Other service activities368,858
    70229 - Management consultancy activities other than financial management3214,505
    62020 - Information technology consultancy activities329,177
    7414 - Business & management consultancy3013,474
    7499 - Non-trading company2212,000
    62090 - Other information technology service activities186,330
    5530 - Restaurants184,939
    74990 - Non-trading company188,243
    4521 - General construction & civil engineering176,598
    7222 - Other software consultancy and supply177,298
    7260 - Other computer related activities158,089
    7032 - Manage real estate, fee or contract152,235
    68209 - Other letting and operating of own or leased real estate143,755
    41100 - Development of building projects133,765

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07419704 ALTERNATIVE PROPERTY DEVELOPMENT & MANAGEMENT LTD. 26 Oct 2010
    07418064 BRANCH CREATIVE LTD 25 Oct 2010
    07417410 PTA MEDICAL DEVICES LTD 25 Oct 2010
    07416071 COCOLOVE NEWCASTLE LTD 22 Oct 2010
    07414633 BUSINESS ORGANICS LTD 21 Oct 2010
    07410972 CHUGGS LTD 18 Oct 2010
    07410372 L TAVAKOLI LIMITED 18 Oct 2010
    07394060 QUOTEX DESIGN (UK) LTD 01 Oct 2010
    07422593 FRANCIS & PARTNERS LIMITED 28 Oct 2010
    07422053 PREMIER CLASS TRAVEL LIMITED 28 Oct 2010
    07420892 THE GROWN UP CHOCOLATE CLUB LTD 27 Oct 2010
    07418882 JEMBBA LIMITED 26 Oct 2010
    07416931 JP PROMO-ADVERTISING LTD 22 Oct 2010
    07412482 ARTAN TRANSPORT LTD 19 Oct 2010
    07411874 PILATES SQUARED LTD 19 Oct 2010
    07411628 PMS TRADING LTD 19 Oct 2010
    07410052 ACCOUNTING & TAXATION LTD 18 Oct 2010
    07409532 2MC HOMES LIMITED 15 Oct 2010
    07408187 SAFE KEY SOLUTIONS LIMITED 14 Oct 2010
    07406995 AXELMARK LIMITED 14 Oct 2010
    07404878 ADVENTURE CLOTHING LIMITED 12 Oct 2010
    07403555 LIFE PA LTD 11 Oct 2010
    07397590 TDN PLUMBING & HEATING LIMITED 05 Oct 2010
    07396809 FEVAN FOOD HOTLINE LTD 05 Oct 2010
    07396145 ZENITH SALES SOLUTIONS LTD 04 Oct 2010