Barnet, Hertfordshire

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Barnet when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Barnet when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Barnet when compared to any previous Q4.
  • October 2012 saw a new record in company registrations in Barnet when compared to any previous October.
  • October 2012 saw a new record in company closures 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 (2012)

    2012 was a record year for company registrations in Barnet when compared to any year in history.

    A total of 1,148 companies were formed in Barnet in 2012. This total is 8.8% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearBarnetUK
    20121,148491,893
    20111,055452,870
    2010983400,358
    2009878362,675
    2008889349,203
    Record Year2012 (1,148)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Barnet when compared to any previous second half year.

    In the second half of 2012 a total of 548 companies were formed in Barnet. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Barnet occurred in 2012 when a total of 548 were formed.

    Half Year (Jul-Dec)BarnetUK
    2012548238,743
    2011488224,135
    % change12.3%6.5%
    Record Year2012 (548)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Barnet when compared to any previous Q4.

    A total of 273 companies were registered in Barnet during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 6.6% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)BarnetUK
    2012273119,875
    2011256109,623
    % change6.6%9.4%
    Record Year 2012 (273) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Barnet when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20121129269
    New companies in 20111069357
    % change5.7%-1.1%21.1%
    Record Year2012 (112)2007 (97)2006 (77)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 693 companies were dissolved in Barnet in 2012. This total is 0.7% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearBarnetUK
    2012693293,728
    2011688314,524
    2010812342,233
    20091,088533,787
    2008520237,873
    Record Year2009 (1,088)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 354 companies were dissolved in Barnet. This figure is 3.5% higher than last year, which compares badly to the UK wide change of -4.1%.

    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
    2012354145,934
    2011342152,213
    % change3.5%-4.1%
    Record Year2009 (445)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 155 companies were dissolved in Barnet during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 9.9% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)BarnetUK
    201215570,026
    201117279,983
    % change-9.9%-12.4%
    Record Year 2009 (184) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Barnet when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012695333
    Closed companies in 2011376669
    % change86.5%-19.7%-52%
    Record Year2012 (69)2011 (66)2009 (83)

Net Company Growth

  1. Annual Data (2012)

    A total of 455 companies were added to the company register for Barnet in 2012. This number represents growth of 43.1% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 88 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
    2012455198,165
    2011367138,346
    201017158,125
    2009-210-171,112
    2008369111,330
    Record Year1999 (513)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Barnet increased by 194 companies.

    Half Year (Jul-Dec)BarnetUK
    201219492,809
    201114671,922
    Record Year2006 (249)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Barnet during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 118 companies.

    fourth quarter (Oct 2012 - Dec 2012)BarnetUK
    201211849,849
    20118429,640
    Record Year 2007 (133) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012433936
    Net growth in 20116927-12
    Record Year2011 (69)2007 (51)2006 (53)

UK Company Share

  1. Annual Data (2012)

    In 2012 Barnet formed 0.2% of all UK companies. This is no change on 2011 when Barnet was responsible for 0.2% of all UK companies.

    YearBarnet
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    Record Year (since 1960)1963 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Barnet formed 0.2% of all UK companies. This is the same as the 2011 figure of 0.2%.

    Half Year (Jul-Dec)Barnet
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Barnet formed 0.2% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Barnet
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.2%0.2%0.2%
    UK formation share in 20110.3%0.2%0.2%
    % change-11.2%-5.9%17.8%
    Record Year1962 (0.7%)1970 (0.5%)1989 (0.5%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.5.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 42.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 42.5.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Barnet was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Barnet in 2012 was 25.4%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    25.2% of all director appointments in Barnet in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Barnet was in 1977 when 31.2% of all directors were female.

    21.6% of all director appointments in Barnet in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.58%CONSULTING5.15%
    MANAGEMENT1.24%MANAGEMENT4.78%
    CONSULTANTS1.13%CONSULTANCY3.31%
    LONDON1.13%PROPERTY2.40%
    PROPERTY0.90%TRADING2.03%
    CONSTRUCTION0.79%DESIGN1.86%
    ASSOCIATES0.79%ASSOCIATES1.82%
    PROPERTIES0.73%ENGINEERING1.79%
    INVESTMENTS0.62%BUSINESS1.76%
    TRADING0.62%CONSULTANTS1.75%
    CARE0.56%CONSTRUCTION1.69%
    DEVELOPMENTS0.56%LONDON1.69%
    J0.56%MEDIA1.69%
    DESIGN0.56%GLOBAL1.59%
    CONSULTANCY0.56%J1.57%
    IT0.56%INVESTMENTS1.46%
    M0.45%IT1.43%
    TOP0.45%CARE1.39%
    MUSIC0.45%PROPERTIES1.34%
    CENTRE0.45%M1.26%
    CARS0.39%BUILDING1.23%
    BUSINESS0.39%ENTERPRISES1.21%
    GLOBAL0.39%TRAINING1.18%
    MEDICAL0.34%ELECTRICAL1.17%
    LA0.34%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied541236,139
    82990 - Other business support service activities not elsewhere classified18752,427
    99999 - Dormant Company9140,648
    96090 - Other service activities not elsewhere classified8722,058
    70229 - Management consultancy activities other than financial management7430,396
    62020 - Information technology consultancy activities4323,256
    62090 - Other information technology service activities3512,291
    7487 - Other business activities3510,703
    74909 - Other professional, scientific and technical activities not elsewhere classified2415,572
    41100 - Development of building projects237,980
    69201 - Accounting and auditing activities216,177
    43220 - Plumbing, heat and air-conditioning installation204,045
    56101 - Licensed restaurants206,400
    86900 - Other human health activities197,866
    68310 - Real estate agencies193,270
    68209 - Other letting and operating of own or leased real estate186,971
    74990 - Non-trading company1713,808
    43999 - Other specialised construction activities not elsewhere classified156,419
    56302 - Public houses and bars154,543
    68320 - Management of real estate on a fee or contract basis154,936

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08317997 DIAMOND WORLD BROKERS LIMITED 04 Dec 2012
    08318119 JONATHAN HUNTE LTD 04 Dec 2012
    08318568 YORK GREEN RENEWABLE FUELS LIMITED 05 Dec 2012
    08321838 WONG LANGE LTD 06 Dec 2012
    08321854 SIMPLY A DEAL LIMITED 06 Dec 2012
    08324683 SEAS TRUNOMS LIMITED 10 Dec 2012
    OC380952 MOUSKOS LLP 12 Dec 2012
    08332232 LEVENDI CAPITAL LIMITED 14 Dec 2012
    08336233 MILLS BHATTI LTD 19 Dec 2012
    08315635 NOVARI ASSETS LIMITED 03 Dec 2012
    08315652 NOVARI GUNWHARF LIMITED 03 Dec 2012
    08316802 NOVARI (AT THE O2) LIMITED 04 Dec 2012
    08317532 J J PUBS & CLUB LTD 04 Dec 2012
    08318892 CRYPTIFY UK LIMITED 05 Dec 2012
    08320119 DIAMONDSTAR IMAGE CONSULTANCY LTD 06 Dec 2012
    08323973 LUNAKEY LTD 10 Dec 2012
    08326483 42 IT SOLUTIONS LIMITED 11 Dec 2012
    08326493 SMITH SINGH LIMITED 11 Dec 2012
    08327397 GRD TRADING LIMITED 11 Dec 2012
    08327480 CLICK RETURN LIMITED 11 Dec 2012
    08327947 DIXCO LIMITED 12 Dec 2012
    08328662 VIVA MONEY LIMITED 12 Dec 2012
    08331697 ECKERT PROPERTIES LIMITED 14 Dec 2012
    08332851 VIDANOTE LTD 17 Dec 2012
    08339268 WILSON CREATIVE LIMITED 21 Dec 2012