Barnet, Hertfordshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Barnet when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Barnet when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Barnet when compared to any previous Q2.
  • May 2014 saw a new record in company registrations in Barnet when compared to any previous May.
  • April 2014 saw a new record in company registrations in Barnet when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Barnet when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Barnet when compared to any half year in history.

    In the first half of 2014 a total of 703 companies were formed in Barnet. This figure is 16.4% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Barnet occurred in 2014 when a total of 703 were formed.

    Half Year (Jan-Jun)BarnetUK
    2014703300,731
    2013604269,432
    % change16.4%11.6%
    Record Year2014 (703)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Barnet when compared to any previous Q2.

    A total of 350 companies were registered in Barnet during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 13.3% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BarnetUK
    2014350150,009
    2013309134,630
    % change13.3%11.4%
    Record Year 2014 (350) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2014129117104
    New companies in 201310810497
    % change19.4%12.5%7.2%
    Record Year2014 (129)2014 (117)2011 (108)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 443 companies were dissolved in Barnet. This figure is 30.7% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Barnet occurred in 2009 when a total of 643 were closed.

    Half Year (Jan-Jun)BarnetUK
    2014443177,207
    2013339155,192
    % change30.7%14.2%
    Record Year2009 (643)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 228 companies were dissolved in Barnet during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 41.6% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BarnetUK
    201422894,837
    201316177,278
    % change41.6%22.7%
    Record Year 2009 (425) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014647886
    Closed companies in 2013525950
    % change23.1%32.2%72%
    Record Year2009 (136)2009 (182)2000 (124)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Barnet increased by 260 companies.

    Half Year (Jan-Jun)BarnetUK
    2014260123,524
    2013265114,240
    Record Year1999 (375)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Barnet during the second quarter of 2014 (Apr 2014 - Jun 2014) was 122 companies.

    second quarter (Apr 2014 - Jun 2014)BarnetUK
    201412255,172
    201314857,352
    Record Year 2013 (148) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014653918
    Net growth in 2013564547
    Record Year1997 (86)2006 (56)2008 (68)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Barnet formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.3%
    Record Year (since 1960) 1999 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.3%
    Record Year (since 1960) 1999 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change7.7%3.8%-7.1%
    Record Year1999 (0.5%)1992 (0.4%)2000 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.7.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.3.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Barnet was 2013 when 27.8% of all directors were female.

    27.4% of all director appointments in Barnet in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Barnet was in 2006 when 28.8% of all directors were female.

    28.5% of all director appointments in Barnet in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PROPERTIES1.62%CONSULTING5.16%
    CONSULTING1.62%MANAGEMENT4.64%
    LONDON1.41%CONSULTANCY3.50%
    INVESTMENTS1.41%PROPERTY2.66%
    MANAGEMENT1.31%TRADING2.03%
    PROPERTY1.20%ENGINEERING1.99%
    CONSULTANCY1.20%CONSTRUCTION1.93%
    ASSOCIATES0.89%LONDON1.93%
    CONSTRUCTION0.84%CARE1.85%
    IT0.73%DESIGN1.75%
    CONSULTANTS0.68%CONSULTANTS1.73%
    CARE0.63%BUSINESS1.69%
    TRADING0.58%PROPERTIES1.63%
    M0.58%TRANSPORT1.58%
    DESIGN0.52%GLOBAL1.55%
    GLOBAL0.52%INVESTMENTS1.55%
    TRANSPORT0.52%J1.51%
    G0.52%ASSOCIATES1.48%
    (LONDON)0.47%MEDIA1.44%
    FINANCE0.47%ELECTRICAL1.40%
    COMMUNICATIONS0.47%IT1.33%
    J0.47%DEVELOPMENTS1.33%
    MEDIA0.47%BUILDING1.26%
    BUILDING0.37%M1.24%
    ENTERPRISES0.37%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied494261,557
    82990 - Other business support service activities not elsewhere classified24657,421
    96090 - Other service activities not elsewhere classified13028,352
    70229 - Management consultancy activities other than financial management9640,250
    99999 - Dormant Company9148,436
    62020 - Information technology consultancy activities7329,029
    86900 - Other human health activities3611,292
    62090 - Other information technology service activities3413,024
    41100 - Development of building projects3310,527
    56101 - Licensed restaurants288,585
    62012 - Business and domestic software development279,834
    43999 - Other specialised construction activities not elsewhere classified268,533
    69201 - Accounting and auditing activities237,415
    90030 - Artistic creation234,548
    74909 - Other professional, scientific and technical activities not elsewhere classified2319,058
    70221 - Financial management193,511
    74990 - Non-trading company1914,351
    68320 - Management of real estate on a fee or contract basis185,731
    85590 - Other education not elsewhere classified176,043
    43220 - Plumbing, heat and air-conditioning installation175,075

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09020259 MICRODRIVE CONSULTING LTD 01 May 2014
    09026572 NORTH LONDON AUTO REPAIR CENTRE LTD 07 May 2014
    09031283 LUSTRA BEAUTY LIMITED 09 May 2014
    09031452 ROYCE PROPERTY AND MAINTENANCE LIMITED 09 May 2014
    09034422 PM & JM CONSULTANTS LIMITED 12 May 2014
    09035514 STEVEN JAMES BUNDOCK ELECTRICAL LTD 12 May 2014
    09044184 TWENTY5EIGHT RETAIL SOLUTIONS LIMITED 16 May 2014
    09044189 MIKE GOSTICK COACHING AND CONSULTANCY SERVICES LIMITED 16 May 2014
    09044435 LDG PROPERTIES LIMITED 16 May 2014
    09045039 YING TECHNOLOGIES LIMITED 16 May 2014
    09046659 FISH MASTER LTD 19 May 2014
    09046692 BODENS COLLEGE OF PERFORMING ARTS LIMITED 19 May 2014
    09054317 I & E CONSTRUCTION LIMITED 23 May 2014
    09055554 DOCKSIDE PROPERTY SERVICES (STROOD) LIMITED 23 May 2014
    09062703 PASIKA LIMITED 29 May 2014
    09024555 VANITY BITES LIMITED 06 May 2014
    09026652 ALLSORTED MANAGEMENT LIMITED 07 May 2014
    09027220 BEEN JAMMIN ENTERTAINMENT LTD. 07 May 2014
    09030123 LOWMAR ENGINEERING SERVICES LIMITED 08 May 2014
    09030578 CADDEN CONTRACTING SERVICES LIMITED 08 May 2014
    09031995 M SHRUBSOLE LIMITED 09 May 2014
    09034397 D.T.WATKINS ELECTRICS LIMITED 12 May 2014
    09035596 VEROWS LTD 12 May 2014
    09038771 NSSD STEEL FITTING LTD 14 May 2014
    09048142 LOCUM PARTNERS LIMITED 20 May 2014