Hemel Hempstead, Hertfordshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Hemel Hempstead when compared to any previous November.
  • The second half of 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous second half year.
  • Q4 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous November.
  • October 2010 saw a new record in company closures in Hemel Hempstead 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 (2010)

    A total of 775 companies were formed in Hemel Hempstead in 2010. This total is 16.9% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearHemel HempsteadUK
    2010775400,358
    2009663362,675
    2008630349,203
    2007845457,649
    2006533405,440
    Record Year2007 (845)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 370 companies were formed in Hemel Hempstead. This figure is 18.2% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Hemel Hempstead occurred in 2007 when a total of 385 were formed.

    Half Year (Jul-Dec)Hemel HempsteadUK
    2010370196,609
    2009313180,654
    % change18.2%8.8%
    Record Year2007 (385)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 165 companies were registered in Hemel Hempstead during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 6.5% versus the same period last year (Q4 2009). This figure compares equally 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)Hemel HempsteadUK
    201016595,117
    200915585,983
    % change6.5%10.6%
    Record Year 2007 (181) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Hemel Hempstead when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010566643
    New companies in 2009644645
    % change-12.5%43.5%-4.4%
    Record Year2007 (75)2010 (66)2007 (50)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 523 companies were dissolved in Hemel Hempstead in 2010. This total is 16.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearHemel HempsteadUK
    2010523342,232
    2009629533,773
    2008298237,901
    2007275220,295
    2006291200,166
    Record Year2009 (629)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous second half year.

    In the second half of 2010 a total of 287 companies were dissolved in Hemel Hempstead. This figure is 8.7% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Hemel Hempstead occurred in 2010 when a total of 287 were closed.

    Half Year (Jul-Dec)Hemel HempsteadUK
    2010287164,601
    2009264244,537
    % change8.7%-32.7%
    Record Year2010 (287)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous Q4.

    A total of 154 companies were dissolved in Hemel Hempstead during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 14.9% versus the same period last year (Q4 2009). This figure compares poorly 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)Hemel HempsteadUK
    201015476,896
    200913485,136
    % change14.9%-9.7%
    Record Year 2010 (154) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    October 2010 saw a new record in company closures in Hemel Hempstead when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010407539
    Closed companies in 2009364949
    % change11.1%53.1%-20%
    Record Year2010 (40)2010 (75)2009 (49)

Net Company Growth

  1. Annual Data (2010)

    A total of 252 companies were added to the company register for Hemel Hempstead in 2010. This number represents growth of 38.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 218 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Hemel Hempstead company register grew by 570 companies.

    YearHemel HempsteadUK
    201025258,126
    200934-171,098
    2008332111,302
    2007570237,354
    2006242205,274
    Record Year2007 (570)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Hemel Hempstead increased by 83 companies.

    Half Year (Jul-Dec)Hemel HempsteadUK
    20108332,008
    200949-63,883
    Record Year2007 (231)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Hemel Hempstead during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 11 companies.

    fourth quarter (Oct 2010 - Dec 2010)Hemel HempsteadUK
    20101118,221
    200921847
    Record Year 2007 (114) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201016-94
    Net growth in 200928-3-4
    Record Year2008 (47)2008 (33)2007 (39)

UK Company Share

  1. Annual Data (2010)

    In 2010 Hemel Hempstead formed 0.2% of all UK companies. This is no change on 2009 when Hemel Hempstead was responsible for 0.2% of all UK companies.

    YearHemel Hempstead
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960)1969 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Hemel Hempstead formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Hemel Hempstead
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Hemel Hempstead
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1969 (0.4%)
    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 20090.2%0.1%0.2%
    % change-23.4%28.3%-9.1%
    Record Year1994 (0.5%)1963 (0.8%)1969 (0.7%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.6.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.7% 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 43.0.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.9% 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 43.4.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.1% 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 Hemel Hempstead was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hemel Hempstead in 2010 was 25.8%. 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 Hemel Hempstead was 1860 when 42.9% of all directors were female.

    26.6% of all director appointments in Hemel Hempstead 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 Hemel Hempstead was in 1977 when 31.1% of all directors were female.

    26.8% of all director appointments in Hemel Hempstead 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
    CONSULTING3.86%CONSULTING5.06%
    MANAGEMENT2.17%MANAGEMENT5.01%
    CONSULTANTS1.12%CONSULTANCY3.14%
    CONSULTANCY0.88%PROPERTY2.36%
    ENGINEERING0.80%TRADING2.11%
    ASSOCIATES0.72%ASSOCIATES1.95%
    CONSTRUCTION0.64%DESIGN1.92%
    ELECTRICAL0.56%BUSINESS1.82%
    BUSINESS0.56%CONSTRUCTION1.82%
    DESIGN0.56%CONSULTANTS1.76%
    HEMEL0.48%MEDIA1.71%
    MEDIA0.48%ENGINEERING1.62%
    RECRUITMENT0.48%LONDON1.60%
    SYSTEMS0.48%CARE1.45%
    IT0.48%INVESTMENTS1.44%
    TECHNOLOGY0.40%GLOBAL1.43%
    CLUB0.40%J1.42%
    SOFTWARE0.40%IT1.41%
    MAINTENANCE0.40%PROPERTIES1.34%
    ENTERPRISES0.40%INTERNATIONAL1.34%
    COMMUNICATIONS0.40%BUILDING1.34%
    LONDON0.40%M1.30%
    CLEANING0.40%ELECTRICAL1.25%
    D0.40%SYSTEMS1.24%
    CARE0.40%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied266199,572
    7487 - Other business activities9263,348
    62020 - Information technology consultancy activities899,177
    7222 - Other software consultancy and supply857,298
    82990 - Other business support service activities not elsewhere classified4927,550
    70229 - Management consultancy activities other than financial management3814,505
    7414 - Business & management consultancy3713,474
    98000 - Residents property management273,235
    9999 - Dormant Company2620,144
    7260 - Other computer related activities258,089
    62090 - Other information technology service activities236,330
    4521 - General construction & civil engineering216,598
    9305 - Other service activities178,858
    99999 - Dormant Company1716,285
    96090 - Other service activities not elsewhere classified148,799
    62012 - Business and domestic software development132,858
    69201 - Accounting and auditing activities123,088
    70100 - Activities of head offices122,862
    74909 - Other professional, scientific and technical activities not elsewhere classified127,088
    7499 - Non-trading company1212,000

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07474799 HS SCAFFOLDING LIMITED 21 Dec 2010
    07474034 MY HOME MY HOUSE LIMITED 20 Dec 2010
    07468031 GALILEO HOMES LIMITED 13 Dec 2010
    07463431 STAKA LIMITED 08 Dec 2010
    07460381 THE FUNCTION ROOMS NIGHTCLUB LIMITED 06 Dec 2010
    OC360314 MOMENTUM SQUARED LLP 15 Dec 2010
    07478155 GYM LIFE LIMITED 23 Dec 2010
    07477825 JACKJO LIMITED 23 Dec 2010
    07476676 STRATIN LTD 22 Dec 2010
    07472948 FENIX CONSULTANTS LIMITED 17 Dec 2010
    07472555 COMIT CONSULTING LTD 17 Dec 2010
    07471208 VNTX LTD 15 Dec 2010
    07470782 HEMEL BUILDERS LIMITED 15 Dec 2010
    07470651 MANU DERIVATIVES TECHNOLOGY CONSULTING LIMITED 15 Dec 2010
    07470151 AXIS BUILDING SOLUTIONS LIMITED 15 Dec 2010
    07464472 VANSIM LTD 08 Dec 2010
    07464272 L&M GROUNDWORKS LIMITED 08 Dec 2010
    07461862 SILVER DAGGER PR LIMITED 07 Dec 2010
    07461206 ARCHERS FIELD MANAGEMENT COMPANY LIMITED 06 Dec 2010
    07460942 G&S SERVICE LIMITED 06 Dec 2010
    07460700 MOVINPIXEL LTD 06 Dec 2010
    07457990 CAREHOME MEDZ LIMITED 02 Dec 2010
    07478105 SAVENERGI AUDIT SERVICES LIMITED 23 Dec 2010
    07473619 CATHPRO CONSULT LIMITED 20 Dec 2010
    07460858 BEZIER CATERING LIMITED 06 Dec 2010