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
New Company Registrations
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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) Barnet UK 2014 353 150,722 2013 295 134,802 % change 19.7% 11.8% Record Year 2014 (353) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 108 127 118 New companies in 2013 100 94 101 % change 8.0% 35.1% 16.8% Record Year 2014 (108) 2014 (127) 1999 (218)
Closed Companies (dissolved)
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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) Barnet UK 2014 215 82,370 2013 178 77,914 % change 20.8% 5.7% Record Year 2009 (218) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 65 82 68 Closed companies in 2013 80 61 37 % change -18.8% 34.4% 84% Record Year 2013 (80) 2014 (82) 2009 (140)
Net Company Growth
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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) Barnet UK 2014 138 68,352 2013 117 56,888 Record Year 2007 (184) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 43 45 50 Net growth in 2013 20 33 64 Record Year 2007 (49) 2007 (72) 1999 (190)
UK Company Share
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1999 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.3% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 1.1% 24.8% -2.5% Record Year 1987 (0.4%) 1991 (0.4%) 1999 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage INVESTMENTS 1.55% CONSULTING 5.22% MANAGEMENT 1.50% MANAGEMENT 4.67% CONSULTING 1.39% CONSULTANCY 3.49% PROPERTY 1.28% PROPERTY 2.64% PROPERTIES 1.18% TRADING 2.05% CONSULTANCY 1.12% LONDON 1.88% LONDON 1.12% ENGINEERING 1.86% CONSTRUCTION 0.75% CARE 1.79% ASSOCIATES 0.75% CONSTRUCTION 1.75% IT 0.75% DESIGN 1.75% CARE 0.70% CONSULTANTS 1.73% TRADING 0.64% BUSINESS 1.71% ENTERPRISES 0.54% PROPERTIES 1.60% CONSULTANTS 0.54% INVESTMENTS 1.60% GLOBAL 0.54% GLOBAL 1.58% (LONDON) 0.54% J 1.48% MEDIA 0.48% ASSOCIATES 1.48% BUSINESS 0.43% MEDIA 1.48% J 0.43% IT 1.33% MOTORS 0.43% TRANSPORT 1.30% HOME 0.43% DEVELOPMENTS 1.29% HEALTH 0.43% BUILDING 1.24% M 0.43% M 1.21% GREEN 0.37% CAPITAL 1.20% DEVELOPMENTS 0.37% ELECTRICAL 1.19%
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 538 280,210 82990 - Other business support service activities not elsewhere classified 231 56,411 96090 - Other service activities not elsewhere classified 124 26,700 70229 - Management consultancy activities other than financial management 93 37,882 99999 - Dormant Company 92 47,084 62020 - Information technology consultancy activities 67 27,750 62090 - Other information technology service activities 34 12,813 86900 - Other human health activities 30 10,273 41100 - Development of building projects 29 9,855 43999 - Other specialised construction activities not elsewhere classified 27 8,155 56101 - Licensed restaurants 27 7,965 69201 - Accounting and auditing activities 24 7,313 62012 - Business and domestic software development 22 9,509 74909 - Other professional, scientific and technical activities not elsewhere classified 22 18,491 43220 - Plumbing, heat and air-conditioning installation 21 4,866 43390 - Other building completion and finishing 19 5,521 90030 - Artistic creation 19 4,340 82110 - Combined office administrative service activities 17 2,339 68100 - Buying and selling of own real estate 17 5,920 74990 - Non-trading company 17 14,135
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08918898 IMR EDUCATION LTD 03 Mar 2014 08931854 UTOPIAR DIGITAL MEDIA LIMITED 10 Mar 2014 08932639 THE WOODFIRED PIZZA BAR LTD 11 Mar 2014 08935955 LUKA PROPERTIES LTD 12 Mar 2014 08936060 IVY TOURING LIMITED 12 Mar 2014 08937297 TRICKY LIVE LIMITED 13 Mar 2014 08942278 CENTURY (2014) LIMITED 17 Mar 2014 08944191 T.L.G TAKEAWAY LTD 18 Mar 2014 08962157 RESPONSE PLUMBING & ELECTRICAL LIMITED 27 Mar 2014 08965613 INTERIOR DESIGN FLOORS LTD 28 Mar 2014 08966445 CHEAB IT SERVICES LIMITED 28 Mar 2014 08923742 KS FINANCIAL ADVISERS LIMITED 05 Mar 2014 08923829 FAITH IN HOUSING LIMITED 05 Mar 2014 08924759 BURGERS@ LIMITED 05 Mar 2014 08927661 FROSTONS LIMITED 07 Mar 2014 08929697 CRONIN CONSTRUCTION LIMITED 10 Mar 2014 08935290 JLA (UK) LTD 12 Mar 2014 08938791 CLIXA LTD 13 Mar 2014 08941022 CRYSTAL HAND CAR WASH & VALETING LTD 17 Mar 2014 08941840 MAGNI BROKERS LIMITED 17 Mar 2014 08944785 OAKLEIGH MARITIME LTD 18 Mar 2014 08945290 WYNNS WALKS LIMITED 18 Mar 2014 08946255 DJANDCO LIMITED 19 Mar 2014 08948861 RENEGADE LIMITED 19 Mar 2014 08951009 ASHDON BUSINESS SERVICES LIMITED 20 Mar 2014
reports
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