Barnet, Hertfordshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Barnet when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Barnet when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Barnet when compared to any previous February.
  • January 2014 saw a new record in company registrations in Barnet when compared to any previous January.
  • February 2014 saw a new record in company closures in Barnet when compared to any previous February.

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 2014)

    Q1 2014 saw a new record in company registrations in Barnet when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Barnet when compared to any quarter in history.

    A total of 353 companies were registered in Barnet during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 19.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)BarnetUK
    2014353150,722
    2013295134,802
    % change19.7%11.8%
    Record Year 2014 (353) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Barnet when compared to any previous February.

    January 2014 saw a new record in company registrations in Barnet when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014108127118
    New companies in 201310094101
    % change8.0%35.1%16.8%
    Record Year2014 (108)2014 (127)1999 (218)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 215 companies were dissolved in Barnet during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 20.8% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)BarnetUK
    201421582,370
    201317877,914
    % change20.8%5.7%
    Record Year 2009 (218) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Barnet when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014658268
    Closed companies in 2013806137
    % change-18.8%34.4%84%
    Record Year2013 (80)2014 (82)2009 (140)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Barnet during the first quarter of 2014 (Jan 2014 - Mar 2014) was 138 companies.

    first quarter (Jan 2014 - Mar 2014)BarnetUK
    201413868,352
    201311756,888
    Record Year 2007 (184) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014434550
    Net growth in 2013203364
    Record Year2007 (49)2007 (72)1999 (190)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Barnet formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1999 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.3%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change1.1%24.8%-2.5%
    Record Year1987 (0.4%)1991 (0.4%)1999 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.0.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Barnet was in 2013 when 28.5% of all directors were female.

    26.2% of all director appointments in Barnet in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    INVESTMENTS1.55%CONSULTING5.22%
    MANAGEMENT1.50%MANAGEMENT4.67%
    CONSULTING1.39%CONSULTANCY3.49%
    PROPERTY1.28%PROPERTY2.64%
    PROPERTIES1.18%TRADING2.05%
    CONSULTANCY1.12%LONDON1.88%
    LONDON1.12%ENGINEERING1.86%
    CONSTRUCTION0.75%CARE1.79%
    ASSOCIATES0.75%CONSTRUCTION1.75%
    IT0.75%DESIGN1.75%
    CARE0.70%CONSULTANTS1.73%
    TRADING0.64%BUSINESS1.71%
    ENTERPRISES0.54%PROPERTIES1.60%
    CONSULTANTS0.54%INVESTMENTS1.60%
    GLOBAL0.54%GLOBAL1.58%
    (LONDON)0.54%J1.48%
    MEDIA0.48%ASSOCIATES1.48%
    BUSINESS0.43%MEDIA1.48%
    J0.43%IT1.33%
    MOTORS0.43%TRANSPORT1.30%
    HOME0.43%DEVELOPMENTS1.29%
    HEALTH0.43%BUILDING1.24%
    M0.43%M1.21%
    GREEN0.37%CAPITAL1.20%
    DEVELOPMENTS0.37%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied538280,210
    82990 - Other business support service activities not elsewhere classified23156,411
    96090 - Other service activities not elsewhere classified12426,700
    70229 - Management consultancy activities other than financial management9337,882
    99999 - Dormant Company9247,084
    62020 - Information technology consultancy activities6727,750
    62090 - Other information technology service activities3412,813
    86900 - Other human health activities3010,273
    41100 - Development of building projects299,855
    43999 - Other specialised construction activities not elsewhere classified278,155
    56101 - Licensed restaurants277,965
    69201 - Accounting and auditing activities247,313
    62012 - Business and domestic software development229,509
    74909 - Other professional, scientific and technical activities not elsewhere classified2218,491
    43220 - Plumbing, heat and air-conditioning installation214,866
    43390 - Other building completion and finishing195,521
    90030 - Artistic creation194,340
    82110 - Combined office administrative service activities172,339
    68100 - Buying and selling of own real estate175,920
    74990 - Non-trading company1714,135

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08920432 YOGO INTERIORS LTD 03 Mar 2014
    08929546 PMB TRANSPORT (UK) LIMITED 10 Mar 2014
    08936358 ABLE SCOTT CO LTD 12 Mar 2014
    08937297 TRICKY LIVE LIMITED 13 Mar 2014
    08938202 SKPR SOLUTIONS LTD 13 Mar 2014
    08942278 CENTURY (2014) LIMITED 17 Mar 2014
    08944947 CREPES & WAFFLES LIMITED 18 Mar 2014
    08962527 HACI ENVER LTD 27 Mar 2014
    08968443 SAS ESOLUTIONS LIMITED 31 Mar 2014
    OC391627 ALPINE PARTNERS UK LLP 04 Mar 2014
    08924467 TELL ME A STORY (WORLDWIDE) LTD 05 Mar 2014
    08924759 BURGERS@ LIMITED 05 Mar 2014
    08928888 C & C BOOKKEEPING LTD 07 Mar 2014
    08929259 JULIAN STAMMERS LANDSCAPES LIMITED 07 Mar 2014
    08932118 SHAZ (UK) LIMITED 11 Mar 2014
    08933666 ACCOUNTING AND TAXATION SERVICES (UK) LIMITED 11 Mar 2014
    08939866 WHATGEAR LTD 14 Mar 2014
    08940539 JYSOR LIMITED 14 Mar 2014
    08941840 MAGNI BROKERS LIMITED 17 Mar 2014
    08944212 MOXON SERVICE AND REPAIR CENTRE LIMITED 18 Mar 2014
    08944316 EXTERNE IT LIMITED 18 Mar 2014
    08944434 THE CORE COLLECTIVE HEALTH LIMITED 18 Mar 2014
    08945034 CLOUD REMOVALS LTD 18 Mar 2014
    08954479 OCO STRUCTURES LIMITED 24 Mar 2014
    08956701 OWINGS LIMITED 25 Mar 2014