Barnet, Hertfordshire

Q1 2015 Business Confidence Report

Headlines

  • January 2015 saw a new record in company registrations in Barnet when compared to any previous January.
  • January 2015 saw a new record in net growth in Barnet when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    A total of 343 companies were registered in Barnet during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 2.8% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BarnetUK
    2015343161,156
    2014353150,722
    % change-2.8%6.9%
    Record Year 2014 (353) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in company registrations in Barnet when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201511696131
    New companies in 2014108127118
    % change7.4%-24.4%11.0%
    Record Year2015 (116)2014 (127)1999 (218)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 175 companies were dissolved in Barnet during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 18.6% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BarnetUK
    201517589,523
    201421582,370
    % change-18.6%8.7%
    Record Year 2009 (218) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015595858
    Closed companies in 2014658268
    % change-9.2%-29.3%-15%
    Record Year2013 (80)2014 (82)2009 (140)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Barnet during the first quarter of 2015 (Jan 2015 - Mar 2015) was 168 companies.

    first quarter (Jan 2015 - Mar 2015)BarnetUK
    201516871,633
    201413868,352
    Record Year 2007 (184) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Barnet when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015573873
    Net growth in 2014434550
    Record Year2015 (57)2007 (72)1999 (190)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Barnet formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Barnet
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1999 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.2%
    UK formation share in 20140.2%0.3%0.2%
    % change5.4%-30.3%1.2%
    Record Year1987 (0.4%)1991 (0.4%)1999 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.8.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Barnet was in 2013 when 28.5% of all directors were female.

    27.3% of all director appointments in Barnet in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    PROPERTY1.56%CONSULTING5.23%
    CONSULTING1.46%MANAGEMENT4.56%
    PROPERTIES1.46%CONSULTANCY3.62%
    LONDON1.26%PROPERTY2.72%
    TRANSPORT1.16%CONSTRUCTION2.19%
    INVESTMENTS1.16%CARE2.13%
    MANAGEMENT1.16%ENGINEERING2.12%
    CONSULTANCY0.85%LONDON1.91%
    CONSTRUCTION0.85%TRADING1.88%
    CONSULTANTS0.70%TRANSPORT1.82%
    HEALTHCARE0.70%ELECTRICAL1.76%
    M0.65%DESIGN1.65%
    DESIGN0.60%PROPERTIES1.63%
    TRADING0.60%CO.,1.58%
    MEDIA0.60%J1.55%
    CARE0.55%CONSULTANTS1.54%
    INTERNATIONAL0.50%BUSINESS1.49%
    GREEN0.50%INVESTMENTS1.49%
    G0.50%GLOBAL1.46%
    GLOBAL0.45%ASSOCIATES1.44%
    BARNET0.45%DEVELOPMENTS1.36%
    BUILDING0.45%BUILDING1.31%
    (LONDON)0.45%IT1.30%
    HOUSE0.40%MEDIA1.28%
    ESTATES0.40%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied542288,953
    82990 - Other business support service activities not elsewhere classified24258,522
    96090 - Other service activities not elsewhere classified14629,218
    70229 - Management consultancy activities other than financial management9243,081
    99999 - Dormant Company8649,474
    62020 - Information technology consultancy activities8530,825
    86900 - Other human health activities3913,990
    41100 - Development of building projects3511,863
    62090 - Other information technology service activities3412,862
    68100 - Buying and selling of own real estate327,450
    90030 - Artistic creation314,677
    74909 - Other professional, scientific and technical activities not elsewhere classified3019,098
    70221 - Financial management283,698
    56101 - Licensed restaurants278,909
    69201 - Accounting and auditing activities267,682
    47910 - Retail sale via mail order houses or via Internet2510,200
    62012 - Business and domestic software development249,651
    43999 - Other specialised construction activities not elsewhere classified229,080
    98000 - Residents property management215,308
    96020 - Hairdressing and other beauty treatment216,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09419054 ICHTHUS SERVICES LTD 03 Feb 2015
    09422526 ODELO UK PLC 04 Feb 2015
    09423088 LMCP CONSULTANCY LIMITED 04 Feb 2015
    09423935 RBG SERVICES LTD 05 Feb 2015
    09428918 SCOTTY'S DOGGIES LIMITED 09 Feb 2015
    09439071 SOLUTIONS ACCOUNTANTS LTD 13 Feb 2015
    09445028 FLOWERS OF LONDON LIMITED 17 Feb 2015
    09461633 SUPERSTUDIOS FILM INTERNATIONAL LIMITED 27 Feb 2015
    09461659 SUPERSTUDIOS INTERNATIONAL LIMITED 27 Feb 2015
    09463221 A. BALOG LTD 27 Feb 2015
    09418723 RIPPLE TECHNOLOGIES LIMITED 03 Feb 2015
    09420209 CONIBEAR AGRICULTURAL CONTRACTING LTD 03 Feb 2015
    09420808 I K M CONSULTANCY LTD 04 Feb 2015
    09422076 JABRI2 LIMITED 04 Feb 2015
    09423107 EVENT BITES LIMITED 04 Feb 2015
    09432098 AEGZ SOLUTIONS LIMITED 10 Feb 2015
    09434733 HADLEY WOOL COMPANY LIMITED 11 Feb 2015
    09441045 S & R BUILDING CONTRACTORS LIMITED 16 Feb 2015
    09444015 HSG SOFT LTD 17 Feb 2015
    09445797 TOB2 12 CRAVEN STREET LIMITED 18 Feb 2015
    09447708 FINANCIAL ENGINEERING SOLUTIONS LIMITED 19 Feb 2015
    09448844 DE JOINT AFRICAN RESTAURANT LIMITED 19 Feb 2015
    09450100 TRUMPERS WAY W7 LIMITED 20 Feb 2015
    09452431 WORLD WIDE EVENTS MANAGEMENT LIMITED 21 Feb 2015
    09453423 BEARSLEEP LTD 23 Feb 2015