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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

  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 (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)BarnetUK
    2011287116,391
    2010259105,137
    % change10.8%10.7%
    Record Year 2007 (310) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 20111019096
    New companies in 2010838393
    % change21.7%8.4%3.2%
    Record Year2011 (101)2007 (110)1999 (218)

Closed Companies (dissolved)

  1. 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)BarnetUK
    201119590,986
    201019682,677
    % change-0.5%10.0%
    Record Year 2009 (218) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011736656
    Closed companies in 2010496879
    % change49.0%-2.9%-29%
    Record Year2011 (73)2010 (68)2009 (140)

Net Company Growth

  1. 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)BarnetUK
    20119225,405
    20106322,460
    Record Year 1999 (221) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011282440
    Net growth in 2010341514
    Record Year2007 (49)2007 (72)1999 (190)

UK Company Share

  1. 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
    20110.2%
    20100.2%
    20090.3%
    20080.2%
    20070.2%
    Record Year (since 1960) 1999 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.2%0.2%
    UK formation share in 20100.3%0.2%0.2%
    % change5.0%-4.6%-1.5%
    Record Year1960 (0.8%)1961 (0.9%)1999 (0.9%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING1.67%CONSULTING5.04%
    LONDON1.35%MANAGEMENT4.97%
    CONSULTANCY1.29%CONSULTANCY3.16%
    MANAGEMENT1.16%PROPERTY2.38%
    PROPERTIES1.16%TRADING2.10%
    INVESTMENTS0.96%DESIGN1.93%
    ASSOCIATES0.90%ASSOCIATES1.92%
    BARNET0.84%BUSINESS1.87%
    PROPERTY0.77%CONSTRUCTION1.80%
    CONSULTANTS0.77%CONSULTANTS1.76%
    CONSTRUCTION0.77%MEDIA1.69%
    TRADING0.71%ENGINEERING1.61%
    MEDIA0.71%LONDON1.60%
    PARTNERSHIP0.51%CARE1.45%
    PRODUCTIONS0.51%J1.45%
    D0.51%GLOBAL1.44%
    DESIGN0.51%INVESTMENTS1.43%
    J0.45%IT1.41%
    ENTERPRISES0.45%PROPERTIES1.36%
    LAND0.45%BUILDING1.34%
    S0.45%M1.30%
    GLOBAL0.39%ELECTRICAL1.28%
    M0.39%S1.24%
    IT0.39%INTERNATIONAL1.23%
    (LONDON)0.39%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied472202,798
    7487 - Other business activities17560,968
    82990 - Other business support service activities not elsewhere classified10230,253
    96090 - Other service activities not elsewhere classified5410,085
    9999 - Dormant Company5019,765
    99999 - Dormant Company4018,336
    9305 - Other service activities358,740
    70229 - Management consultancy activities other than financial management3416,150
    7414 - Business & management consultancy3212,916
    62020 - Information technology consultancy activities3010,246
    7499 - Non-trading company2011,316
    74990 - Non-trading company208,695
    7222 - Other software consultancy and supply197,000
    62090 - Other information technology service activities196,996
    5530 - Restaurants164,898
    7260 - Other computer related activities167,789
    4521 - General construction & civil engineering166,183
    7032 - Manage real estate, fee or contract142,143
    74909 - Other professional, scientific and technical activities not elsewhere classified137,788
    68209 - Other letting and operating of own or leased real estate123,895

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07510517 CITIRENTALS LTD 31 Jan 2011
    07508655 ALL IN THE DATA LIMITED 27 Jan 2011
    07505862 TBPC LIMITED 26 Jan 2011
    07505523 ESSENTIAL SPORTS TRAINING LTD 26 Jan 2011
    07500642 HOTEL 363 LIMITED 21 Jan 2011
    07500404 BLUE SKY SPECIALIST CHILDREN'S SERVICES LIMITED 20 Jan 2011
    07497115 AJ HANDYMAN LTD 18 Jan 2011
    07496111 WILD PRETTY THINGS LIMITED 18 Jan 2011
    07491578 CSIPLUMBING LIMITED 13 Jan 2011
    07490618 SAIETTA RACING LTD 12 Jan 2011
    07488306 MCLEISH INDUSTRIES LTD 11 Jan 2011
    07485830 MATSIME K LIMITED 07 Jan 2011
    07482810 RELIANCE FINANCIAL SERVICES LIMITED 05 Jan 2011
    OC360884 DOWNWELL LLP 13 Jan 2011
    07505274 SWEDISH CONNECTION AU PAIR & NANNY AGENCY LIMITED 25 Jan 2011
    07505170 MALOONS CAPITAL LIMITED 25 Jan 2011
    07504841 THEWORDSHAKER LIMITED 25 Jan 2011
    07500624 HAYDEN & SMITH TRADING LTD 21 Jan 2011
    07496354 FBE IT AND DESIGN SERVICES LTD 18 Jan 2011
    07494065 JEREMY AVRIL LIMITED 17 Jan 2011
    07489401 OAKCOW LIMITED 11 Jan 2011
    07489397 OAKIMPORTS LIMITED 11 Jan 2011
    07489221 OAKWIZE LIMITED 11 Jan 2011
    07487451 MCGINLEY SUPPORT SERVICES (INFRASTRUCTURE) LIMITED 10 Jan 2011
    07485940 HERTS GYNAE LIMITED 07 Jan 2011