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Barnet, Hertfordshire

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Barnet when compared to any year in history.
  • The second half of 2011 saw a new record in company registrations in Barnet when compared to any previous second half year.
  • Q4 2011 saw a new record in company registrations in Barnet when compared to any previous Q4.
  • October 2011 saw a new record in company registrations in Barnet when compared to any previous October.
  • November 2011 saw a new record in company closures in Barnet when compared to any previous November.
  • October 2011 saw a new record in net growth in Barnet when compared to any previous October.

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 (2011)

    2011 was a record year for company registrations in Barnet when compared to any year in history.

    A total of 1,055 companies were formed in Barnet in 2011. This total is 7.3% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearBarnetUK
    20111,055452,870
    2010983400,358
    2009878362,675
    2008889349,203
    20071,000457,649
    Record Year2011 (1,055)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company registrations in Barnet when compared to any previous second half year.

    In the second half of 2011 a total of 488 companies were formed in Barnet. This figure is 8.2% higher than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Barnet occurred in 2011 when a total of 488 were formed.

    Half Year (Jul-Dec)BarnetUK
    2011488224,135
    2010451196,609
    % change8.2%14.0%
    Record Year2011 (488)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Barnet when compared to any previous Q4.

    A total of 256 companies were registered in Barnet during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 11.8% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)BarnetUK
    2011256109,623
    201022995,117
    % change11.8%15.3%
    Record Year 2011 (256) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    October 2011 saw a new record in company registrations in Barnet when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20111069357
    New companies in 2010678775
    % change58.2%6.9%-24.0%
    Record Year2011 (106)2007 (97)2006 (77)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 688 companies were dissolved in Barnet in 2011. This total is 15.3% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearBarnetUK
    2011688314,523
    2010812342,232
    20091,088533,773
    2008520237,901
    2007497220,295
    Record Year2009 (1,088)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 342 companies were dissolved in Barnet. This figure is 9.8% lower than last year, which compares well to the UK wide change of -7.5%.

    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
    2011342152,213
    2010379164,601
    % change-9.8%-7.5%
    Record Year2009 (445)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 172 companies were dissolved in Barnet during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 28.4% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)BarnetUK
    201117279,983
    201013476,896
    % change28.4%4.0%
    Record Year 2009 (184) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company closures in Barnet when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011376669
    Closed companies in 2010455633
    % change-17.8%17.9%109%
    Record Year2002 (65)2011 (66)2009 (83)

Net Company Growth

  1. Annual Data (2011)

    A total of 367 companies were added to the company register for Barnet in 2011. This number represents growth of 37.3% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 196 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
    2011367138,347
    201017158,126
    2009-210-171,098
    2008369111,302
    2007503237,354
    Record Year1999 (513)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Barnet increased by 146 companies.

    Half Year (Jul-Dec)BarnetUK
    201114671,922
    20107232,008
    Record Year2006 (249)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Barnet during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 84 companies.

    fourth quarter (Oct 2011 - Dec 2011)BarnetUK
    20118429,640
    20109518,221
    Record Year 2007 (133) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    October 2011 saw a new record in net growth in Barnet when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20116927-12
    Net growth in 2010223142
    Record Year2011 (69)2007 (51)2006 (53)

UK Company Share

  1. Annual Data (2011)

    In 2011 Barnet formed 0.2% of all UK companies. This is no change on 2010 when Barnet was responsible for 0.2% of all UK companies.

    YearBarnet
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    Record Year (since 1960)1963 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Barnet formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.

    Half Year (Jul-Dec)Barnet
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    20070.3%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Barnet formed 0.2% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Barnet
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.3%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.3%0.2%0.2%
    UK formation share in 20100.2%0.3%0.3%
    % change37.5%-8.9%-32.6%
    Record Year1962 (0.7%)1970 (0.5%)1989 (0.5%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 43.3.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 42.1.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 42.5.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 25.5%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

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

    27.0% of all director appointments in Barnet in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    28.4% of all director appointments in Barnet in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LONDON1.49%CONSULTING5.07%
    MANAGEMENT1.49%MANAGEMENT4.74%
    PROPERTY1.30%CONSULTANCY3.26%
    CONSULTANCY1.18%PROPERTY2.37%
    CONSULTING1.12%TRADING2.07%
    INVESTMENTS0.93%DESIGN1.92%
    CONSTRUCTION0.87%ASSOCIATES1.86%
    ASSOCIATES0.81%ENGINEERING1.78%
    TRI0.74%BUSINESS1.78%
    CONSULTANTS0.62%CONSULTANTS1.76%
    PROPERTIES0.62%CONSTRUCTION1.73%
    MEDIA0.62%MEDIA1.71%
    INVESTMENT0.56%LONDON1.63%
    M0.56%J1.51%
    DESIGN0.50%INVESTMENTS1.48%
    TECHNOLOGIES0.43%GLOBAL1.46%
    GROUP0.43%IT1.41%
    J0.43%CARE1.39%
    ACADEMY0.43%PROPERTIES1.29%
    PRODUCTIONS0.43%ELECTRICAL1.29%
    BARNET0.43%M1.27%
    R0.43%BUILDING1.26%
    D0.43%ENERGY1.25%
    HOME0.37%S1.20%
    LAND0.37%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied468205,525
    7487 - Other business activities17457,052
    82990 - Other business support service activities not elsewhere classified10332,483
    96090 - Other service activities not elsewhere classified6411,768
    99999 - Dormant Company4721,846
    70229 - Management consultancy activities other than financial management4317,765
    9305 - Other service activities389,492
    7414 - Business & management consultancy3613,034
    9999 - Dormant Company3620,199
    62020 - Information technology consultancy activities3212,072
    7222 - Other software consultancy and supply247,398
    62090 - Other information technology service activities247,493
    7499 - Non-trading company239,957
    74990 - Non-trading company178,929
    5530 - Restaurants165,013
    69201 - Accounting and auditing activities133,633
    74909 - Other professional, scientific and technical activities not elsewhere classified138,671
    41100 - Development of building projects124,331
    68209 - Other letting and operating of own or leased real estate124,082
    68310 - Real estate agencies122,037

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07800148 RAINBOW CONNECTED LIMITED 06 Oct 2011
    07800742 BOSSTOCKS LIMITED 06 Oct 2011
    07802667 MULTILINGUALONDON LTD 10 Oct 2011
    07807547 CLAIMGUARD LIMITED 12 Oct 2011
    07812691 DIGITAL PM AND CONSULTANCY LIMITED 17 Oct 2011
    07817462 APOTAYLAN LTD 20 Oct 2011
    07819143 GEMINI SPORT AND LEISURE LIMITED 21 Oct 2011
    07819194 OMNITYKE LIMITED 21 Oct 2011
    07819639 NOA NOA ISLINGTON LIMITED 21 Oct 2011
    07823063 DRAIN CLEAR (UK) LIMITED 25 Oct 2011
    07823101 BLACK SKY FILMS LTD 25 Oct 2011
    07825062 H&M CONSTRUCTION LIMITED 27 Oct 2011
    07796879 A GROSSMAN LTD 04 Oct 2011
    07797829 D HOLWERDA CLEANING LIMITED 05 Oct 2011
    07806712 KENNEDY INTERIM LIMITED 12 Oct 2011
    07807183 FONTANERIA SIN OBRAS LIMITED 12 Oct 2011
    07808779 NEW COTTAGE FARM LTD 13 Oct 2011
    07811476 DIAMOND STAR MOTORS LTD 17 Oct 2011
    07814936 ASK HEATING LIMITED 19 Oct 2011
    07817777 BIZDIMENSIONS LIMITED 20 Oct 2011
    07817945 HOLLOWAY CASTLE LIMITED 20 Oct 2011
    07818487 LEMA CONSULTANTS LIMITED 21 Oct 2011
    07819338 FOOD4TAKEAWAY.CO.UK LTD 21 Oct 2011
    07821167 BEGMAR LIMITED 24 Oct 2011
    07822048 K S PRINT SERVICE LIMITED 25 Oct 2011