Borehamwood, Hertfordshire

2010 Annual Business Confidence Report

Headlines

  • Q4 2010 saw a new record in company registrations in Borehamwood when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Borehamwood when compared to any previous December.
  • November 2010 saw a new record in company closures in Borehamwood when compared to any previous November.
  • December 2010 saw a new record in net growth in Borehamwood when compared to any previous December.

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 (2010)

    A total of 585 companies were formed in Borehamwood in 2010. This total is 31.8% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBorehamwoodUK
    2010585400,358
    2009444362,675
    2008421349,203
    2007585457,649
    2006594405,440
    Record Year2006 (594)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 288 companies were formed in Borehamwood. This figure is 42.6% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Borehamwood occurred in 2006 when a total of 295 were formed.

    Half Year (Jul-Dec)BorehamwoodUK
    2010288196,609
    2009202180,654
    % change42.6%8.8%
    Record Year2006 (295)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Borehamwood when compared to any previous Q4.

    A total of 156 companies were registered in Borehamwood during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 62.5% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BorehamwoodUK
    201015695,117
    20099685,983
    % change62.5%10.6%
    Record Year 2010 (156) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Borehamwood when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010595344
    New companies in 2009234132
    % change156.5%29.3%37.5%
    Record Year2006 (63)2006 (67)2010 (44)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 422 companies were dissolved in Borehamwood in 2010. This total is 39.9% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBorehamwoodUK
    2010422342,232
    2009702533,773
    2008241237,901
    2007487220,295
    2006255200,166
    Record Year2009 (702)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 201 companies were dissolved in Borehamwood. This figure is 42.6% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Borehamwood occurred in 2007 when a total of 357 were closed.

    Half Year (Jul-Dec)BorehamwoodUK
    2010201164,601
    2009350244,537
    % change-42.6%-32.7%
    Record Year2007 (357)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 99 companies were dissolved in Borehamwood during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 45.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)BorehamwoodUK
    20109976,896
    200918085,136
    % change-45.0%-9.7%
    Record Year 2009 (180) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Borehamwood when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010414810
    Closed companies in 2009814356
    % change-49.4%11.6%-82%
    Record Year2009 (81)2010 (48)2009 (56)

Net Company Growth

  1. Annual Data (2010)

    A total of 163 companies were added to the company register for Borehamwood in 2010. This number represents growth of 36.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 421 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2005 when the Borehamwood company register grew by 340 companies.

    YearBorehamwoodUK
    201016358,126
    2009-258-171,098
    2008180111,302
    200798237,354
    2006339205,274
    Record Year2005 (340)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Borehamwood increased by 87 companies.

    Half Year (Jul-Dec)BorehamwoodUK
    20108732,008
    2009-148-63,883
    Record Year2005 (184)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Borehamwood during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 57 companies.

    fourth quarter (Oct 2010 - Dec 2010)BorehamwoodUK
    20105718,221
    2009-84847
    Record Year 2006 (81) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Borehamwood when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201018534
    Net growth in 2009-58-2-24
    Record Year2005 (41)2006 (54)2010 (34)

UK Company Share

  1. Annual Data (2010)

    In 2010 Borehamwood formed 0.1% of all UK companies. This is no change on 2009 when Borehamwood was responsible for 0.1% of all UK companies.

    YearBorehamwood
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1966 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Borehamwood formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Borehamwood
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.2%
    Record Year (since 1960) 1966 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Borehamwood formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Borehamwood
    20100.2%
    20090.1%
    20080.1%
    20070.1%
    20060.2%
    Record Year (since 1960) 1966 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.1%0.1%0.1%
    % change124.6%15.6%30.9%
    Record Year1967 (0.3%)1966 (0.9%)1966 (0.5%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 39.0.

    The percentage of directors under the age of 25 was 14.7% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 37.5.

    The percentage of directors under the age of 25 was 18.3% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 36.4.

    The percentage of directors under the age of 25 was 20.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Borehamwood was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Borehamwood in 2010 was 21.0%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Borehamwood was 1860 when 42.9% of all directors were female.

    23.5% of all director appointments in Borehamwood in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Borehamwood was in 1977 when 31.1% of all directors were female.

    23.3% of all director appointments in Borehamwood in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING1.33%CONSULTING5.06%
    PRODUCTIONS1.12%MANAGEMENT5.01%
    MANAGEMENT1.02%CONSULTANCY3.14%
    CORPORATION0.92%PROPERTY2.36%
    TRADING0.71%TRADING2.11%
    MEDIA0.71%ASSOCIATES1.95%
    LONDON0.71%DESIGN1.92%
    BUSINESS0.71%BUSINESS1.82%
    AGENCY0.71%CONSTRUCTION1.82%
    EVENTS0.61%CONSULTANTS1.76%
    ELSTREE0.61%MEDIA1.71%
    EUROPE0.61%ENGINEERING1.62%
    HOMES0.61%LONDON1.60%
    DESIGN0.61%CARE1.45%
    NETWORK0.51%INVESTMENTS1.44%
    REGULATORY0.51%GLOBAL1.43%
    INTERNATIONAL0.51%J1.42%
    SOPHER0.51%IT1.41%
    PROVIDER0.51%PROPERTIES1.34%
    CONSTRUCTION0.51%INTERNATIONAL1.34%
    RIGGING0.51%BUILDING1.34%
    DEVELOPMENTS0.51%M1.30%
    IT0.51%ELECTRICAL1.25%
    NEW0.41%SYSTEMS1.24%
    UNIVERSAL0.41%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied285199,572
    7487 - Other business activities7563,348
    82990 - Other business support service activities not elsewhere classified3327,550
    99999 - Dormant Company3116,285
    62020 - Information technology consultancy activities279,177
    9999 - Dormant Company2120,144
    7499 - Non-trading company2012,000
    70229 - Management consultancy activities other than financial management1914,505
    7222 - Other software consultancy and supply137,298
    96090 - Other service activities not elsewhere classified138,799
    7414 - Business & management consultancy1213,474
    9305 - Other service activities98,858
    7260 - Other computer related activities98,089
    74990 - Non-trading company98,243
    74909 - Other professional, scientific and technical activities not elsewhere classified87,088
    62090 - Other information technology service activities86,330
    7032 - Manage real estate, fee or contract72,235
    5263 - Other non-store retail sale71,880
    4521 - General construction & civil engineering76,598
    68100 - Buying and selling of own real estate72,446

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424093 SB BUSINESS AGENCY LTD 29 Oct 2010
    07423889 T-PART LTD 29 Oct 2010
    07421996 MUSTHAVIT UK LIMITED 28 Oct 2010
    07418372 THE WAY FORWARD PRODUCTIONS LTD 25 Oct 2010
    07418066 WAMINA LIMITED 25 Oct 2010
    07415220 BUSKTUBE.COM LIMITED 21 Oct 2010
    07414664 TRAFFILOG (UK) LIMITED 21 Oct 2010
    07414202 PRESTIGE CAR VALETING AT RUXLEY LIMITED 20 Oct 2010
    07413541 TRENT PROPERTY (COLWICK) LIMITED 20 Oct 2010
    07412650 COLLINS RESIDENTIAL LTD 19 Oct 2010
    07411215 INTERIORS EUROPE TM LTD 18 Oct 2010
    07409520 INDEPENDENT ACTIVE INVESTORS LIMITED 15 Oct 2010
    07406377 RIGGER RIGGING LIMITED 13 Oct 2010
    07406286 MAMMA MARIA FOODS LTD 13 Oct 2010
    07403861 EXECUTIVE HEALTH CLUBS LIMITED 12 Oct 2010
    07399889 ACUPUNCTURE PRACTICE LTD 07 Oct 2010
    07398950 PERFORMANTA LIMITED 06 Oct 2010
    07398689 BIRTHING PEOPLE AND MUSIC LIMITED 06 Oct 2010
    07397631 FLY ELSTREE LTD 05 Oct 2010
    07395874 SHEE LIMITED 04 Oct 2010
    07395837 GENX PROCESSORS MAURITIUS LTD 04 Oct 2010
    07395250 SIMPLE SIMON LIMITED 04 Oct 2010
    07395033 DALYS ELECTIC VEHICLES PLC 04 Oct 2010
    OC358567 NEO-ESTATE MANAGEMENT LLP 10 Oct 2010
    OC358646 THE UNIVERSAL MATRIX LLP 13 Oct 2010