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
    08873904 FM ESTATES LIMITED 03 Feb 2014
    08876385 C.M. REFURBISHMENT LIMITED 04 Feb 2014
    08880182 SANDZONE LIMITED 06 Feb 2014
    08880290 ALAB LTD 06 Feb 2014
    08880969 TORA TORA TOURING LIMITED 07 Feb 2014
    08883291 ABACUS ADVISORY LONDON LTD 10 Feb 2014
    08886859 A & M HOME SERVICE LIMITED 11 Feb 2014
    08895998 LAKE STREET CONSULTING LIMITED 14 Feb 2014
    08898906 RYAN H&B LTD 17 Feb 2014
    08899583 GAS BROS LIMITED 18 Feb 2014
    08899847 BSHERT INVESTMENTS LTD 18 Feb 2014
    08899877 BSHERT LTD 18 Feb 2014
    08908387 NADANANDA LTD 24 Feb 2014
    08909447 HADLEYS ESTATE UK LTD 25 Feb 2014
    08910551 IT DIRECTOR SOLUTIONS LIMITED 25 Feb 2014
    08911167 T&P BUILDERS LTD 25 Feb 2014
    08916925 EXECUTIVE OUTCOMES (PMC) LTD 28 Feb 2014
    08882396 YOUR MASTER LTD 07 Feb 2014
    08885542 SYDENHAM PS LIMITED 11 Feb 2014
    08886060 YHM TECHNOLOGIES LIMITED 11 Feb 2014
    08888307 ORGANIGO LIMITED 12 Feb 2014
    OC391479 LAMPERT LLP 25 Feb 2014
    08891785 LYDA LTD 12 Feb 2014
    08893918 NOVA TWO LTD 13 Feb 2014
    08895500 MY TERRACE LIMITED 14 Feb 2014