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
New Company Registrations
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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) Barnet UK 2015 343 161,156 2014 353 150,722 % change -2.8% 6.9% Record Year 2014 (353) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 116 96 131 New companies in 2014 108 127 118 % change 7.4% -24.4% 11.0% Record Year 2015 (116) 2014 (127) 1999 (218)
Closed Companies (dissolved)
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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) Barnet UK 2015 175 89,523 2014 215 82,370 % change -18.6% 8.7% Record Year 2009 (218) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 59 58 58 Closed companies in 2014 65 82 68 % change -9.2% -29.3% -15% Record Year 2013 (80) 2014 (82) 2009 (140)
Net Company Growth
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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) Barnet UK 2015 168 71,633 2014 138 68,352 Record Year 2007 (184) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 57 38 73 Net growth in 2014 43 45 50 Record Year 2015 (57) 2007 (72) 1999 (190)
UK Company Share
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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 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1999 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.2% 0.2% UK formation share in 2014 0.2% 0.3% 0.2% % change 5.4% -30.3% 1.2% Record Year 1987 (0.4%) 1991 (0.4%) 1999 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTY 1.56% CONSULTING 5.23% CONSULTING 1.46% MANAGEMENT 4.56% PROPERTIES 1.46% CONSULTANCY 3.62% LONDON 1.26% PROPERTY 2.72% TRANSPORT 1.16% CONSTRUCTION 2.19% INVESTMENTS 1.16% CARE 2.13% MANAGEMENT 1.16% ENGINEERING 2.12% CONSULTANCY 0.85% LONDON 1.91% CONSTRUCTION 0.85% TRADING 1.88% CONSULTANTS 0.70% TRANSPORT 1.82% HEALTHCARE 0.70% ELECTRICAL 1.76% M 0.65% DESIGN 1.65% DESIGN 0.60% PROPERTIES 1.63% TRADING 0.60% CO., 1.58% MEDIA 0.60% J 1.55% CARE 0.55% CONSULTANTS 1.54% INTERNATIONAL 0.50% BUSINESS 1.49% GREEN 0.50% INVESTMENTS 1.49% G 0.50% GLOBAL 1.46% GLOBAL 0.45% ASSOCIATES 1.44% BARNET 0.45% DEVELOPMENTS 1.36% BUILDING 0.45% BUILDING 1.31% (LONDON) 0.45% IT 1.30% HOUSE 0.40% MEDIA 1.28% ESTATES 0.40% M 1.27%
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 542 288,953 82990 - Other business support service activities not elsewhere classified 242 58,522 96090 - Other service activities not elsewhere classified 146 29,218 70229 - Management consultancy activities other than financial management 92 43,081 99999 - Dormant Company 86 49,474 62020 - Information technology consultancy activities 85 30,825 86900 - Other human health activities 39 13,990 41100 - Development of building projects 35 11,863 62090 - Other information technology service activities 34 12,862 68100 - Buying and selling of own real estate 32 7,450 90030 - Artistic creation 31 4,677 74909 - Other professional, scientific and technical activities not elsewhere classified 30 19,098 70221 - Financial management 28 3,698 56101 - Licensed restaurants 27 8,909 69201 - Accounting and auditing activities 26 7,682 47910 - Retail sale via mail order houses or via Internet 25 10,200 62012 - Business and domestic software development 24 9,651 43999 - Other specialised construction activities not elsewhere classified 22 9,080 98000 - Residents property management 21 5,308 96020 - Hairdressing and other beauty treatment 21 6,815
Recent Companies
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Randomly selected companies from this quarter
reports
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