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
New Company Registrations
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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.
Year Barnet UK 2014 1,350 582,051 2013 1,179 529,363 2012 1,148 491,893 2011 1,055 452,870 2010 983 400,358 Record Year 2014 (1,350) 2014 (582,051) New Companies by Year
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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) Barnet UK 2014 647 281,320 2013 575 259,931 % change 12.5% 8.2% Record Year 2014 (647) 2014 (281,320) New Companies by Half Year
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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) Barnet UK 2014 340 137,906 2013 275 127,247 % change 23.6% 8.4% Record Year 2014 (340) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 120 109 111 New companies in 2013 95 98 82 % change 26.3% 11.2% 35.4% Record Year 2014 (120) 2014 (109) 2014 (111)
Closed Companies (dissolved)
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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.
Year Barnet UK 2014 897 367,937 2013 783 332,213 2012 693 293,729 2011 688 314,524 2010 812 342,233 Record Year 2009 (1,088) 2009 (533,789) Dissolved Companies by Year
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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) Barnet UK 2014 454 190,730 2013 444 177,021 % change 2.3% 7.7% Record Year 2014 (454) 2009 (244,544) Dissolved Companies by Half Year
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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) Barnet UK 2014 216 89,060 2013 245 90,851 % change -11.8% -2.0% Record Year 2013 (245) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 71 53 92 Closed companies in 2013 89 82 74 % change -20.2% -35.4% 24% Record Year 2013 (89) 2013 (82) 2014 (92)
Net Company Growth
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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.
Year Barnet UK 2014 453 214,114 2013 396 197,150 2012 455 198,164 2011 367 138,346 2010 171 58,125 Record Year 2007 (503) 2007 (237,353) Net Growth by Year
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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) Barnet UK 2014 193 90,590 2013 131 82,910 Record Year 2006 (249) 2003 (117,772) Net Growth by Half Year
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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) Barnet UK 2014 124 48,846 2013 30 36,396 Record Year 2007 (133) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 49 56 19 Net growth in 2013 6 16 8 Record Year 2011 (69) 2014 (56) 2006 (53)
UK Company Share
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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.
Year Barnet 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1999 (0.4%) Company Share by Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2001 (0.3%) Company Share by Half Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1993 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.3% UK formation share in 2013 0.2% 0.2% 0.2% % change 20.1% 5.6% 15.9% Record Year 1993 (0.4%) 2007 (0.3%) 1989 (0.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTIES 1.57% CONSULTING 5.22% CONSULTING 1.57% MANAGEMENT 4.58% PROPERTY 1.52% CONSULTANCY 3.57% LONDON 1.47% PROPERTY 2.66% MANAGEMENT 1.21% CONSTRUCTION 2.12% INVESTMENTS 1.21% ENGINEERING 2.10% TRANSPORT 1.16% CARE 2.02% CONSULTANCY 1.01% TRADING 1.94% CONSULTANTS 0.76% LONDON 1.93% CONSTRUCTION 0.71% TRANSPORT 1.93% CARE 0.71% DESIGN 1.66% TRADING 0.71% CONSULTANTS 1.64% M 0.71% ELECTRICAL 1.62% DESIGN 0.71% PROPERTIES 1.62% G 0.66% BUSINESS 1.56% IT 0.66% J 1.54% MEDIA 0.61% CO., 1.50% HEALTHCARE 0.56% GLOBAL 1.49% (LONDON) 0.51% INVESTMENTS 1.48% HOMES 0.46% ASSOCIATES 1.47% BUILD 0.46% DEVELOPMENTS 1.35% J 0.40% MEDIA 1.33% HOME 0.40% IT 1.31% GLOBAL 0.40% BUILDING 1.29% FINANCE 0.40% M 1.22%
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 484 265,608 82990 - Other business support service activities not elsewhere classified 242 58,068 96090 - Other service activities not elsewhere classified 139 29,009 70229 - Management consultancy activities other than financial management 97 42,290 99999 - Dormant Company 81 48,509 62020 - Information technology consultancy activities 79 30,178 86900 - Other human health activities 38 12,976 62090 - Other information technology service activities 35 12,837 41100 - Development of building projects 33 11,397 90030 - Artistic creation 29 4,610 74909 - Other professional, scientific and technical activities not elsewhere classified 27 19,049 68100 - Buying and selling of own real estate 26 7,106 69201 - Accounting and auditing activities 26 7,528 56101 - Licensed restaurants 25 8,782 43999 - Other specialised construction activities not elsewhere classified 24 8,761 62012 - Business and domestic software development 24 9,752 70221 - Financial management 23 3,608 47910 - Retail sale via mail order houses or via Internet 22 10,107 96020 - Hairdressing and other beauty treatment 21 6,742 98000 - Residents property management 20 5,255
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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