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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
    07585751 1CRE8 LTD 31 Mar 2011
    07576423 PANACHE CLOTHING LIMITED 24 Mar 2011
    07573072 SIMON BRAY LIMITED 22 Mar 2011
    07568754 BESPOKE HOUSE EDUCATIONAL SERVICES LIMITED 17 Mar 2011
    07557782 APPRAISAL LTD 09 Mar 2011
    07556874 CPD TELECOM LIMITED 09 Mar 2011
    07556063 SMAN LTD 08 Mar 2011
    07550787 JUNE ISIK CONSULTANCY LIMITED 03 Mar 2011
    07586536 TRDUK LIMITED 31 Mar 2011
    07586425 DEANE WAKEFIELD LIMITED 31 Mar 2011
    07584835 DEEP BLUE FILMS LIMITED 30 Mar 2011
    07582025 PLB ENGINEERING SERVICES LTD 29 Mar 2011
    07576259 TEENY TINY YOGA LIMITED 24 Mar 2011
    07571274 NORTH HERTS LOAN COMPANY LIMITED 21 Mar 2011
    07570928 DALAN LIMITED 21 Mar 2011
    07564037 EBEGBE LIMITED 15 Mar 2011
    07560586 JEMA CONSULTING LIMITED 11 Mar 2011
    07559766 MACSON AGENCIES UK LTD 10 Mar 2011
    07558332 GG TELESALES LTD 09 Mar 2011
    07556346 STUART GATES FOOD CONSULTANCY LIMITED 08 Mar 2011
    07552853 GIGSELL LIMITED 04 Mar 2011
    07551504 PLANNING AND COST ENGINEERING SERVICES LIMITED 04 Mar 2011
    07549812 ELLIS SINKLER CONSULTANTS LIMITED 03 Mar 2011
    07548786 PEONY MANAGEMENT LTD 02 Mar 2011
    07547465 MY SUPER DIET LTD 01 Mar 2011