Barnet, Hertfordshire

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Barnet when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Barnet when compared to any previous September.
  • July 2014 saw a new record in company registrations in Barnet when compared to any previous July.
  • July 2014 saw a new record in company closures in Barnet when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Barnet when compared to any previous Q3.

    A total of 307 companies were registered in Barnet during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 2.3% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BarnetUK
    2014307143,414
    2013300132,684
    % change2.3%8.1%
    Record Year 2014 (307) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 201411292103
    New companies in 201310210692
    % change9.8%-13.2%12.0%
    Record Year2014 (112)2013 (106)2014 (103)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 238 companies were dissolved in Barnet during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 19.6% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BarnetUK
    2014238101,670
    201319986,170
    % change19.6%18.0%
    Record Year 2009 (261) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20141025482
    Closed companies in 2013635086
    % change61.9%8.0%-5%
    Record Year2014 (102)2008 (121)2009 (130)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Barnet during the third quarter of 2014 (Jul 2014 - Sep 2014) was 69 companies.

    third quarter (Jul 2014 - Sep 2014)BarnetUK
    20146941,744
    201310146,514
    Record Year 2006 (118) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014103821
    Net growth in 201339566
    Record Year2008 (73)2013 (56)2002 (68)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2008 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.3%0.2%
    % change-0.2%-17.3%2.7%
    Record Year1987 (0.4%)1990 (0.3%)1958 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 42.6.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Barnet was in 2013 when 29.2% of all directors were female.

    26.2% of all director appointments in Barnet in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PROPERTY1.62%CONSULTING5.17%
    PROPERTIES1.62%MANAGEMENT4.63%
    CONSULTING1.56%CONSULTANCY3.55%
    LONDON1.56%PROPERTY2.62%
    INVESTMENTS1.41%ENGINEERING2.07%
    MANAGEMENT1.41%CONSTRUCTION2.05%
    TRANSPORT1.04%TRADING2.00%
    CONSULTANCY1.04%LONDON1.95%
    CONSTRUCTION0.89%CARE1.94%
    CARE0.83%TRANSPORT1.76%
    ASSOCIATES0.78%DESIGN1.70%
    IT0.73%CONSULTANTS1.70%
    CONSULTANTS0.73%PROPERTIES1.63%
    TRADING0.68%BUSINESS1.62%
    DESIGN0.68%J1.53%
    M0.57%ELECTRICAL1.53%
    GLOBAL0.57%GLOBAL1.51%
    G0.52%INVESTMENTS1.50%
    BUILDING0.52%ASSOCIATES1.48%
    J0.52%MEDIA1.38%
    MEDIA0.47%CO.,1.36%
    GREEN0.47%DEVELOPMENTS1.35%
    (LONDON)0.47%BUILDING1.30%
    HOME0.47%IT1.30%
    BUSINESS0.42%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied532278,481
    82990 - Other business support service activities not elsewhere classified24157,264
    96090 - Other service activities not elsewhere classified13528,224
    70229 - Management consultancy activities other than financial management9640,717
    99999 - Dormant Company9048,286
    62020 - Information technology consultancy activities7429,313
    86900 - Other human health activities3711,807
    62090 - Other information technology service activities3412,795
    41100 - Development of building projects3110,604
    62012 - Business and domestic software development279,675
    74909 - Other professional, scientific and technical activities not elsewhere classified2718,890
    56101 - Licensed restaurants268,546
    90030 - Artistic creation254,566
    43999 - Other specialised construction activities not elsewhere classified248,501
    70221 - Financial management233,550
    69201 - Accounting and auditing activities227,401
    98000 - Residents property management215,047
    96020 - Hairdressing and other beauty treatment206,630
    43390 - Other building completion and finishing205,786
    74990 - Non-trading company1914,006

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09198027 EGON TRANSPORT SERVICES LIMITED 01 Sep 2014
    09202702 GLOBAL YOUTH NETWORK (GYN) 03 Sep 2014
    09205573 RPS COMMERCIAL SERVICES LTD 05 Sep 2014
    09220033 EALING LETS LIMITED 16 Sep 2014
    09220296 WHIRLING ENTERPRISES LTD 16 Sep 2014
    09225639 SURETRAK LIMITED 18 Sep 2014
    09228161 RINGA LTD 22 Sep 2014
    09230976 IGLYFROG MEDIA LTD 23 Sep 2014
    09231270 ABSOLUTE SYNERGY LIMITED 23 Sep 2014
    09231817 CHESHUNT CENTRAL CONSULTANTS LTD 23 Sep 2014
    09232849 SENSIFY (UK) LIMITED 24 Sep 2014
    09234007 ABSOLUTE SOLAR PANELS LIMITED 24 Sep 2014
    09237182 4AM TAVERNS LTD 26 Sep 2014
    09204012 EOS EXECUTIVE SEARCH LIMITED 04 Sep 2014
    09206234 ODYSSEY ACADEMY 05 Sep 2014
    09207502 DONALD JOHN LTD 08 Sep 2014
    09209510 BIBEX PROPERTY LIMITED 09 Sep 2014
    09211534 P HADWAY LIMITED 10 Sep 2014
    09213093 ALBERMARLE CONSULTING LIMITED 10 Sep 2014
    09219915 MORAVIAN BOX LIMITED 16 Sep 2014
    09229737 TABIBI PROPERTIES LIMITED 22 Sep 2014
    09234170 VELVETFLEUR LIMITED 24 Sep 2014
    09234549 BMERC GARAGES LTD 25 Sep 2014
    09236840 LCI 1702 LTD 26 Sep 2014
    09236843 LCI 1402 LTD 26 Sep 2014