Borehamwood, Hertfordshire

2014 Annual Business Confidence Report

Headlines

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

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)

    A total of 957 companies were formed in Borehamwood in 2014. This total is 14.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBorehamwoodUK
    2014957582,051
    2013839529,363
    2012950491,893
    20111,124452,870
    2010585400,358
    Record Year2011 (1,124)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 Borehamwood when compared to any previous second half year.

    In the second half of 2014 a total of 500 companies were formed in Borehamwood. This figure is 9.9% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Borehamwood occurred in 2014 when a total of 500 were formed.

    Half Year (Jul-Dec)BorehamwoodUK
    2014500281,320
    2013455259,931
    % change9.9%8.2%
    Record Year2014 (500)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 Borehamwood when compared to any previous Q4.

    A total of 236 companies were registered in Borehamwood during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 0.9% versus the same period last year (Q4 2013). This figure compares badly 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)BorehamwoodUK
    2014236137,906
    2013234127,247
    % change0.9%8.4%
    Record Year 2014 (236) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141008452
    New companies in 2013908064
    % change11.1%5.0%-18.8%
    Record Year2014 (100)2014 (84)2013 (64)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 570 companies were dissolved in Borehamwood in 2014. This total is 3.7% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearBorehamwoodUK
    2014570367,937
    2013592332,213
    2012465293,729
    2011360314,524
    2010422342,233
    Record Year2009 (703)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 311 companies were dissolved in Borehamwood. This figure is 18.7% higher than last year, which compares badly to the UK wide change of 7.7%.

    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
    2014311190,730
    2013262177,021
    % change18.7%7.7%
    Record Year2007 (357)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 136 companies were dissolved in Borehamwood during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 0.7% versus the same period last year (Q4 2013). This figure compares poorly 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)BorehamwoodUK
    201413689,060
    201313790,851
    % change-0.7%-2.0%
    Record Year 2009 (180) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014264367
    Closed companies in 2013552953
    % change-52.7%48.3%26%
    Record Year2009 (81)2010 (48)2014 (67)

Net Company Growth

  1. Annual Data (2014)

    A total of 387 companies were added to the company register for Borehamwood in 2014. This number represents growth of 40.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 140 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Borehamwood company register grew by 764 companies.

    YearBorehamwoodUK
    2014387214,114
    2013247197,150
    2012485198,164
    2011764138,346
    201016358,125
    Record Year2011 (764)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Borehamwood increased by 189 companies.

    Half Year (Jul-Dec)BorehamwoodUK
    201418990,590
    201319382,910
    Record Year2011 (293)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Borehamwood during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 100 companies.

    fourth quarter (Oct 2014 - Dec 2014)BorehamwoodUK
    201410048,846
    20139736,396
    Record Year 2014 (100) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Borehamwood when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20147441-15
    Net growth in 2013355111
    Record Year2014 (74)2006 (54)2010 (34)

UK Company Share

  1. Annual Data (2014)

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

    YearBorehamwood
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.1%
    Record Year (since 1960)2011 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Borehamwood
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.1%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Borehamwood
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.1%
    UK formation share in 20130.2%0.2%0.2%
    % change5.7%-0.3%-30.5%
    Record Year1999 (0.2%)2006 (0.2%)1996 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.9.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.1% 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 45.2.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% 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 46.1.

    The percentage of directors under the age of 25 was 9.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.8% 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 Borehamwood was 1982 when 50.0% of all directors were female.

    The percentage of female directors in Borehamwood in 2014 was 23.6%. 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 Borehamwood was 2008 when 28.0% of all directors were female.

    23.5% of all director appointments in Borehamwood 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 Borehamwood was in 2009 when 33.8% of all directors were female.

    21.4% of all director appointments in Borehamwood 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
    PROPERTIES1.83%CONSULTING5.22%
    CONSULTING1.34%MANAGEMENT4.58%
    MANAGEMENT1.27%CONSULTANCY3.57%
    ESTATES1.13%PROPERTY2.66%
    CONSTRUCTION0.99%CONSTRUCTION2.12%
    PRODUCTIONS0.92%ENGINEERING2.10%
    CAPITAL0.92%CARE2.02%
    INVESTMENTS0.85%TRADING1.94%
    VENTURES0.85%LONDON1.93%
    CONSULTANCY0.85%TRANSPORT1.93%
    ENTERPRISES0.63%DESIGN1.66%
    J0.63%CONSULTANTS1.64%
    TRANSPORT0.63%ELECTRICAL1.62%
    ENGINEERING0.63%PROPERTIES1.62%
    PROPERTY0.56%BUSINESS1.56%
    M0.56%J1.54%
    TRADING0.49%CO.,1.50%
    HEALTHCARE0.49%GLOBAL1.49%
    S0.49%INVESTMENTS1.48%
    CREATIVE0.49%ASSOCIATES1.47%
    LONDON0.42%DEVELOPMENTS1.35%
    TRANS0.42%MEDIA1.33%
    DESIGN0.42%IT1.31%
    ASSOCIATES0.42%BUILDING1.29%
    HOMES0.42%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied530265,608
    82990 - Other business support service activities not elsewhere classified11358,068
    70229 - Management consultancy activities other than financial management8542,290
    96090 - Other service activities not elsewhere classified8029,009
    99999 - Dormant Company7148,509
    62020 - Information technology consultancy activities5430,178
    68100 - Buying and selling of own real estate517,106
    68209 - Other letting and operating of own or leased real estate4011,212
    59111 - Motion picture production activities353,245
    56102 - Unlicensed restaurants and cafes354,745
    74990 - Non-trading company2513,984
    64999 - Financial intermediation not elsewhere classified226,083
    56103 - Take-away food shops and mobile food stands218,318
    74909 - Other professional, scientific and technical activities not elsewhere classified2019,049
    62090 - Other information technology service activities1812,837
    41100 - Development of building projects1811,397
    86900 - Other human health activities1812,976
    62012 - Business and domestic software development169,752
    70100 - Activities of head offices164,204
    56101 - Licensed restaurants158,782

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09334074 RDG HEATING LIMITED 01 Dec 2014
    09334338 THE XL EXPERT LTD 01 Dec 2014
    09337961 DEC RITE LIMITED 03 Dec 2014
    09339825 LL PRIMARY SCHOOL TRUST 03 Dec 2014
    09340182 ROHART LTD 03 Dec 2014
    09341190 THE EXCHANGE VINYL LTD 04 Dec 2014
    09341336 DELMAS CONSULTING LIMITED 04 Dec 2014
    09342183 S B M RAIL LIMITED 05 Dec 2014
    09344803 ROB-DON PLUMBING LTD 08 Dec 2014
    09345791 WORLD BOUTIQUE HOTELS LIMITED 08 Dec 2014
    09346944 STARTOUT LIMITED 09 Dec 2014
    09346975 FARBACK LIMITED 09 Dec 2014
    09347991 THOMPSON AIR LTD 09 Dec 2014
    09348318 GO TRIM LIMITED 09 Dec 2014
    09356065 STK ELECTRICAL LTD 16 Dec 2014
    09356906 DOMUSEA (BOXGROVE) LIMITED 16 Dec 2014
    09357091 WORLD HEALTH TOURISM LIMITED 16 Dec 2014
    09357284 P.P.R ENGINEERING LTD 16 Dec 2014
    09357425 M & A NEWS LTD. 16 Dec 2014
    09359443 31 ST DUNSTANS HOUSE LIMITED 17 Dec 2014
    09360444 BLUESTREAM ENERGY LIMITED 18 Dec 2014
    OC397190 NICE DESIGNS LLP 18 Dec 2014
    OC397207 WEBTECH UNIVERSAL LLP 19 Dec 2014
    09362609 COMPLETE INTERIORS EUROPE LIMITED 19 Dec 2014
    09365541 BORAH CONSULTING LTD 23 Dec 2014