Barnet, Hertfordshire
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Barnet when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Barnet when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Barnet when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Barnet when compared to any previous December.
- November 2013 saw a new record in company registrations in Barnet when compared to any previous November.
- November 2013 saw a new record in company closures in Barnet when compared to any previous November.
- October 2013 saw a new record in company closures in Barnet when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Barnet when compared to any year in history.
A total of 1,179 companies were formed in Barnet in 2013. This total is 2.7% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Barnet UK 2013 1,179 529,363 2012 1,148 491,893 2011 1,055 452,870 2010 983 400,358 2009 878 362,675 Record Year 2013 (1,179) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Barnet when compared to any previous second half year.
In the second half of 2013 a total of 575 companies were formed in Barnet. This figure is 4.9% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Barnet occurred in 2013 when a total of 575 were formed.
Half Year (Jul-Dec) Barnet UK 2013 575 259,931 2012 548 238,743 % change 4.9% 8.9% Record Year 2013 (575) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Barnet when compared to any previous Q4.
A total of 275 companies were registered in Barnet during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 0.7% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Barnet UK 2013 275 127,247 2012 273 119,875 % change 0.7% 6.1% Record Year 2013 (275) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Barnet when compared to any previous December.
November 2013 saw a new record in company registrations in Barnet when compared to any previous November.
New Companies by Month
October November December New companies in 2013 95 98 82 New companies in 2012 112 92 69 % change -15.2% 6.5% 18.8% Record Year 2012 (112) 2013 (98) 2013 (82)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 783 companies were dissolved in Barnet in 2013. This total is 13.0% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Barnet UK 2013 783 332,213 2012 693 293,729 2011 688 314,524 2010 812 342,233 2009 1,088 533,789 Record Year 2009 (1,088) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 444 companies were dissolved in Barnet. This figure is 25.4% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Barnet occurred in 2009 when a total of 445 were closed.
Half Year (Jul-Dec) Barnet UK 2013 444 177,021 2012 354 145,935 % change 25.4% 21.3% Record Year 2009 (445) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 245 companies were dissolved in Barnet during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 58.1% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Barnet UK 2013 245 90,851 2012 155 70,027 % change 58.1% 29.7% Record Year 2013 (245) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company closures in Barnet when compared to any previous November.
October 2013 saw a new record in company closures in Barnet when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 89 82 74 Closed companies in 2012 69 53 33 % change 29.0% 54.7% 124% Record Year 2013 (89) 2013 (82) 2009 (83)
Net Company Growth
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Annual Data (2013)
A total of 396 companies were added to the company register for Barnet in 2013. This number represents growth of 33.6% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 59 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Barnet company register grew by 503 companies.
Year Barnet UK 2013 396 197,150 2012 455 198,164 2011 367 138,346 2010 171 58,125 2009 -210 -171,114 Record Year 2007 (503) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Barnet increased by 131 companies.
Half Year (Jul-Dec) Barnet UK 2013 131 82,910 2012 194 92,808 Record Year 2006 (249) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Barnet during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 30 companies.
fourth quarter (Oct 2013 - Dec 2013) Barnet UK 2013 30 36,396 2012 118 49,848 Record Year 2007 (133) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 6 16 8 Net growth in 2012 43 39 36 Record Year 2011 (69) 2007 (51) 2006 (53)
UK Company Share
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Annual Data (2013)
In 2013 Barnet formed 0.2% of all UK companies. This is no change on 2012 when Barnet was responsible for 0.2% of all UK companies.
Year Barnet 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1999 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Barnet formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.
Half Year (Jul-Dec) Barnet 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2001 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Barnet formed 0.2% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Barnet 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1993 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.2% 0.2% 0.2% UK formation share in 2012 0.2% 0.2% 0.2% % change -21.1% 4.7% 8.1% Record Year 1993 (0.4%) 2007 (0.3%) 1989 (0.5%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.6.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.0.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.4.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Barnet was 1972 when 100.0% of all directors were female.
The percentage of female directors in Barnet in 2013 was 27.6%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Barnet was 2008 when 28.3% of all directors were female.
27.5% of all director appointments in Barnet in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Barnet was in 2008 when 29.8% of all directors were female.
25.6% of all director appointments in Barnet in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.66% CONSULTING 5.22% INVESTMENTS 1.50% MANAGEMENT 4.72% CONSULTING 1.39% CONSULTANCY 3.45% LONDON 1.27% PROPERTY 2.59% PROPERTY 1.22% TRADING 2.08% PROPERTIES 1.05% ENGINEERING 1.87% ASSOCIATES 0.83% LONDON 1.86% CONSULTANCY 0.83% DESIGN 1.76% CARE 0.66% CONSTRUCTION 1.73% GREEN 0.66% CARE 1.73% TRADING 0.61% BUSINESS 1.71% MEDIA 0.55% CONSULTANTS 1.68% CONSTRUCTION 0.55% GLOBAL 1.58% GLOBAL 0.55% INVESTMENTS 1.56% PRODUCTIONS 0.50% PROPERTIES 1.54% SECURITY 0.50% ASSOCIATES 1.53% DEVELOPMENTS 0.50% J 1.51% ENTERPRISES 0.50% MEDIA 1.50% SYSTEMS 0.44% IT 1.35% IT 0.44% DEVELOPMENTS 1.23% CONSULTANTS 0.44% M 1.23% (LONDON) 0.44% BUILDING 1.21% ROAD 0.39% ELECTRICAL 1.20% BARNET 0.39% CAPITAL 1.19% ESTATES 0.39% ENERGY 1.14%
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 544 266,814 82990 - Other business support service activities not elsewhere classified 225 55,342 96090 - Other service activities not elsewhere classified 103 26,001 99999 - Dormant Company 95 46,762 70229 - Management consultancy activities other than financial management 92 36,164 62020 - Information technology consultancy activities 66 27,183 62090 - Other information technology service activities 38 12,511 41100 - Development of building projects 32 9,485 86900 - Other human health activities 29 9,543 74909 - Other professional, scientific and technical activities not elsewhere classified 27 18,034 43999 - Other specialised construction activities not elsewhere classified 24 7,823 56101 - Licensed restaurants 23 7,685 43220 - Plumbing, heat and air-conditioning installation 21 4,687 69201 - Accounting and auditing activities 21 7,075 43390 - Other building completion and finishing 19 5,405 96020 - Hairdressing and other beauty treatment 17 6,000 82110 - Combined office administrative service activities 17 2,185 47990 - Other retail sale not in stores, stalls or markets 17 5,800 68209 - Other letting and operating of own or leased real estate 17 8,733 62012 - Business and domestic software development 17 9,360
Recent Companies
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Randomly selected companies from this quarter
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