Barnet, Hertfordshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Barnet when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Barnet when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Barnet when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Barnet when compared to any previous December.
  • November 2014 saw a new record in company registrations in Barnet when compared to any previous November.
  • October 2014 saw a new record in company registrations in Barnet when compared to any previous October.
  • The second half of 2014 saw a new record in company closures in Barnet when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Barnet when compared to any previous December.
  • November 2014 saw a new record in net growth in Barnet when compared to any previous November.

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. Annual Data (2014)

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

    A total of 1,350 companies were formed in Barnet in 2014. This total is 14.5% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBarnetUK
    20141,350582,051
    20131,179529,363
    20121,148491,893
    20111,055452,870
    2010983400,358
    Record Year2014 (1,350)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 647 companies were formed in Barnet. This figure is 12.5% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Barnet occurred in 2014 when a total of 647 were formed.

    Half Year (Jul-Dec)BarnetUK
    2014647281,320
    2013575259,931
    % change12.5%8.2%
    Record Year2014 (647)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Barnet when compared to any previous Q4.

    A total of 340 companies were registered in Barnet during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 23.6% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)BarnetUK
    2014340137,906
    2013275127,247
    % change23.6%8.4%
    Record Year 2014 (340) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014120109111
    New companies in 2013959882
    % change26.3%11.2%35.4%
    Record Year2014 (120)2014 (109)2014 (111)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 897 companies were dissolved in Barnet in 2014. This total is 14.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearBarnetUK
    2014897367,937
    2013783332,213
    2012693293,729
    2011688314,524
    2010812342,233
    Record Year2009 (1,088)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 454 companies were dissolved in Barnet. This figure is 2.3% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Barnet occurred in 2014 when a total of 454 were closed.

    Half Year (Jul-Dec)BarnetUK
    2014454190,730
    2013444177,021
    % change2.3%7.7%
    Record Year2014 (454)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 216 companies were dissolved in Barnet during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 11.8% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)BarnetUK
    201421689,060
    201324590,851
    % change-11.8%-2.0%
    Record Year 2013 (245) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014715392
    Closed companies in 2013898274
    % change-20.2%-35.4%24%
    Record Year2013 (89)2013 (82)2014 (92)

Net Company Growth

  1. Annual Data (2014)

    A total of 453 companies were added to the company register for Barnet in 2014. This number represents growth of 33.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 57 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Barnet company register grew by 503 companies.

    YearBarnetUK
    2014453214,114
    2013396197,150
    2012455198,164
    2011367138,346
    201017158,125
    Record Year2007 (503)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Barnet increased by 193 companies.

    Half Year (Jul-Dec)BarnetUK
    201419390,590
    201313182,910
    Record Year2006 (249)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Barnet during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 124 companies.

    fourth quarter (Oct 2014 - Dec 2014)BarnetUK
    201412448,846
    20133036,396
    Record Year 2007 (133) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in Barnet when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014495619
    Net growth in 20136168
    Record Year2011 (69)2014 (56)2006 (53)

UK Company Share

  1. Annual Data (2014)

    In 2014 Barnet formed 0.2% of all UK companies. This is no change on 2013 when Barnet was responsible for 0.2% of all UK companies.

    YearBarnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1999 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2001 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Barnet
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1993 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.3%
    UK formation share in 20130.2%0.2%0.2%
    % change20.1%5.6%15.9%
    Record Year1993 (0.4%)2007 (0.3%)1989 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 42.8.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.1.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Barnet was 1972 when 100.0% of all directors were female.

    The percentage of female directors in Barnet in 2014 was 27.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Barnet was 2008 when 28.3% of all directors were female.

    27.1% of all director appointments in Barnet in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Barnet was in 2008 when 29.8% of all directors were female.

    27.9% of all director appointments in Barnet in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PROPERTIES1.57%CONSULTING5.22%
    CONSULTING1.57%MANAGEMENT4.58%
    PROPERTY1.52%CONSULTANCY3.57%
    LONDON1.47%PROPERTY2.66%
    MANAGEMENT1.21%CONSTRUCTION2.12%
    INVESTMENTS1.21%ENGINEERING2.10%
    TRANSPORT1.16%CARE2.02%
    CONSULTANCY1.01%TRADING1.94%
    CONSULTANTS0.76%LONDON1.93%
    CONSTRUCTION0.71%TRANSPORT1.93%
    CARE0.71%DESIGN1.66%
    TRADING0.71%CONSULTANTS1.64%
    M0.71%ELECTRICAL1.62%
    DESIGN0.71%PROPERTIES1.62%
    G0.66%BUSINESS1.56%
    IT0.66%J1.54%
    MEDIA0.61%CO.,1.50%
    HEALTHCARE0.56%GLOBAL1.49%
    (LONDON)0.51%INVESTMENTS1.48%
    HOMES0.46%ASSOCIATES1.47%
    BUILD0.46%DEVELOPMENTS1.35%
    J0.40%MEDIA1.33%
    HOME0.40%IT1.31%
    GLOBAL0.40%BUILDING1.29%
    FINANCE0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied484265,608
    82990 - Other business support service activities not elsewhere classified24258,068
    96090 - Other service activities not elsewhere classified13929,009
    70229 - Management consultancy activities other than financial management9742,290
    99999 - Dormant Company8148,509
    62020 - Information technology consultancy activities7930,178
    86900 - Other human health activities3812,976
    62090 - Other information technology service activities3512,837
    41100 - Development of building projects3311,397
    90030 - Artistic creation294,610
    74909 - Other professional, scientific and technical activities not elsewhere classified2719,049
    68100 - Buying and selling of own real estate267,106
    69201 - Accounting and auditing activities267,528
    56101 - Licensed restaurants258,782
    43999 - Other specialised construction activities not elsewhere classified248,761
    62012 - Business and domestic software development249,752
    70221 - Financial management233,608
    47910 - Retail sale via mail order houses or via Internet2210,107
    96020 - Hairdressing and other beauty treatment216,742
    98000 - Residents property management205,255

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09346456 EROSS1981 LIMITED 09 Dec 2014
    09348925 YG CONSTRUCTION LTD 10 Dec 2014
    09351966 PTB FITNESS LIMITED 11 Dec 2014
    09355981 OUT OF CASH UK LIMITED 16 Dec 2014
    09365794 GEORGE'S (BOURNE) LIMITED 23 Dec 2014
    09370293 LITTLE INNOCENTS LTD 31 Dec 2014
    09336708 HOUSE HUB ESTATES LIMITED 02 Dec 2014
    09337059 LITTLE OAKS PRE-SCHOOL BARNET LTD 02 Dec 2014
    09337284 VDC GROUP TRADING LIMITED 02 Dec 2014
    09338449 UNDERCOVER GORILLA LTD 03 Dec 2014
    09339897 T&J (PROPERTY INVESTMENTS) LIMITED 03 Dec 2014
    09342710 IVANIK & CO LTD 05 Dec 2014
    09345433 JOJO'S CLOTHING LIMITED 08 Dec 2014
    09345533 THE FENNES LTD 08 Dec 2014
    09345562 WARWICK HOUSE EVENTS LTD 08 Dec 2014
    09345825 ELECTRIC BOOGIE LTD 08 Dec 2014
    09347208 AZIZ SPORTS LIMITED 09 Dec 2014
    09348058 EMMANUEL'S OFFICE LIMITED 09 Dec 2014
    09349883 BO BANGS LIMITED 10 Dec 2014
    09350317 PENNY INVESTMENTS 2014 LTD 11 Dec 2014
    OC397057 PENNY 2014 LLP 11 Dec 2014
    09354052 EVENTORING LIMITED 15 Dec 2014
    09357424 HUSS DELIVERIES LIMITED 16 Dec 2014
    09358941 BORGEN LIMITED 17 Dec 2014
    09364222 NEXT EVOLUTION ELECTRONIC SPORTS CLUB LTD 22 Dec 2014