Barnet, Hertfordshire
Q1 2011 Business Confidence Report
Headlines
- January 2011 saw a new record in company registrations in Barnet when compared to any previous January.
- January 2011 saw a new record in company closures in Barnet when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 287 companies were registered in Barnet during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 10.8% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Barnet UK 2011 287 116,391 2010 259 105,137 % change 10.8% 10.7% Record Year 2007 (310) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company registrations in Barnet when compared to any previous January.
New Companies by Month
January February March New companies in 2011 101 90 96 New companies in 2010 83 83 93 % change 21.7% 8.4% 3.2% Record Year 2011 (101) 2007 (110) 1999 (218)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 195 companies were dissolved in Barnet during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 0.5% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Barnet UK 2011 195 90,986 2010 196 82,677 % change -0.5% 10.0% Record Year 2009 (218) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Barnet when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 73 66 56 Closed companies in 2010 49 68 79 % change 49.0% -2.9% -29% Record Year 2011 (73) 2010 (68) 2009 (140)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Barnet during the first quarter of 2011 (Jan 2011 - Mar 2011) was 92 companies.
first quarter (Jan 2011 - Mar 2011) Barnet UK 2011 92 25,405 2010 63 22,460 Record Year 1999 (221) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 28 24 40 Net growth in 2010 34 15 14 Record Year 2007 (49) 2007 (72) 1999 (190)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Barnet formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Barnet 2011 0.2% 2010 0.2% 2009 0.3% 2008 0.2% 2007 0.2% Record Year (since 1960) 1999 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.2% 0.2% UK formation share in 2010 0.3% 0.2% 0.2% % change 5.0% -4.6% -1.5% Record Year 1960 (0.8%) 1961 (0.9%) 1999 (0.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 45.2.
The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Barnet was in 1861 when 40.0% of all directors were female.
28.0% of all director appointments in Barnet in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.67% CONSULTING 5.04% LONDON 1.35% MANAGEMENT 4.97% CONSULTANCY 1.29% CONSULTANCY 3.16% MANAGEMENT 1.16% PROPERTY 2.38% PROPERTIES 1.16% TRADING 2.10% INVESTMENTS 0.96% DESIGN 1.93% ASSOCIATES 0.90% ASSOCIATES 1.92% BARNET 0.84% BUSINESS 1.87% PROPERTY 0.77% CONSTRUCTION 1.80% CONSULTANTS 0.77% CONSULTANTS 1.76% CONSTRUCTION 0.77% MEDIA 1.69% TRADING 0.71% ENGINEERING 1.61% MEDIA 0.71% LONDON 1.60% PARTNERSHIP 0.51% CARE 1.45% PRODUCTIONS 0.51% J 1.45% D 0.51% GLOBAL 1.44% DESIGN 0.51% INVESTMENTS 1.43% J 0.45% IT 1.41% ENTERPRISES 0.45% PROPERTIES 1.36% LAND 0.45% BUILDING 1.34% S 0.45% M 1.30% GLOBAL 0.39% ELECTRICAL 1.28% M 0.39% S 1.24% IT 0.39% INTERNATIONAL 1.23% (LONDON) 0.39% SYSTEMS 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 472 202,798 7487 - Other business activities 175 60,968 82990 - Other business support service activities not elsewhere classified 102 30,253 96090 - Other service activities not elsewhere classified 54 10,085 9999 - Dormant Company 50 19,765 99999 - Dormant Company 40 18,336 9305 - Other service activities 35 8,740 70229 - Management consultancy activities other than financial management 34 16,150 7414 - Business & management consultancy 32 12,916 62020 - Information technology consultancy activities 30 10,246 7499 - Non-trading company 20 11,316 74990 - Non-trading company 20 8,695 7222 - Other software consultancy and supply 19 7,000 62090 - Other information technology service activities 19 6,996 5530 - Restaurants 16 4,898 7260 - Other computer related activities 16 7,789 4521 - General construction & civil engineering 16 6,183 7032 - Manage real estate, fee or contract 14 2,143 74909 - Other professional, scientific and technical activities not elsewhere classified 13 7,788 68209 - Other letting and operating of own or leased real estate 12 3,895
Recent Companies
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Randomly selected companies from this quarter
reports
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