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
New Company Registrations
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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.
Year Hemel Hempstead UK 2010 775 400,358 2009 663 362,675 2008 630 349,203 2007 845 457,649 2006 533 405,440 Record Year 2007 (845) 2007 (457,649) New Companies by Year
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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 Hempstead UK 2010 370 196,609 2009 313 180,654 % change 18.2% 8.8% Record Year 2007 (385) 2003 (201,446) New Companies by Half Year
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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 Hempstead UK 2010 165 95,117 2009 155 85,983 % change 6.5% 10.6% Record Year 2007 (181) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 56 66 43 New companies in 2009 64 46 45 % change -12.5% 43.5% -4.4% Record Year 2007 (75) 2010 (66) 2007 (50)
Closed Companies (dissolved)
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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.
Year Hemel Hempstead UK 2010 523 342,232 2009 629 533,773 2008 298 237,901 2007 275 220,295 2006 291 200,166 Record Year 2009 (629) 2009 (533,773) Dissolved Companies by Year
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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 Hempstead UK 2010 287 164,601 2009 264 244,537 % change 8.7% -32.7% Record Year 2010 (287) 2009 (244,537) Dissolved Companies by Half Year
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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 Hempstead UK 2010 154 76,896 2009 134 85,136 % change 14.9% -9.7% Record Year 2010 (154) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 40 75 39 Closed companies in 2009 36 49 49 % change 11.1% 53.1% -20% Record Year 2010 (40) 2010 (75) 2009 (49)
Net Company Growth
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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.
Year Hemel Hempstead UK 2010 252 58,126 2009 34 -171,098 2008 332 111,302 2007 570 237,354 2006 242 205,274 Record Year 2007 (570) 2003 (242,543) Net Growth by Year
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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 Hempstead UK 2010 83 32,008 2009 49 -63,883 Record Year 2007 (231) 2003 (117,772) Net Growth by Half Year
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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 Hempstead UK 2010 11 18,221 2009 21 847 Record Year 2007 (114) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 16 -9 4 Net growth in 2009 28 -3 -4 Record Year 2008 (47) 2008 (33) 2007 (39)
UK Company Share
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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.
Year Hemel Hempstead 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1969 (0.3%) Company Share by Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1969 (0.3%) Company Share by Half Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1969 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.1% 0.2% % change -23.4% 28.3% -9.1% Record Year 1994 (0.5%) 1963 (0.8%) 1969 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.86% CONSULTING 5.06% MANAGEMENT 2.17% MANAGEMENT 5.01% CONSULTANTS 1.12% CONSULTANCY 3.14% CONSULTANCY 0.88% PROPERTY 2.36% ENGINEERING 0.80% TRADING 2.11% ASSOCIATES 0.72% ASSOCIATES 1.95% CONSTRUCTION 0.64% DESIGN 1.92% ELECTRICAL 0.56% BUSINESS 1.82% BUSINESS 0.56% CONSTRUCTION 1.82% DESIGN 0.56% CONSULTANTS 1.76% HEMEL 0.48% MEDIA 1.71% MEDIA 0.48% ENGINEERING 1.62% RECRUITMENT 0.48% LONDON 1.60% SYSTEMS 0.48% CARE 1.45% IT 0.48% INVESTMENTS 1.44% TECHNOLOGY 0.40% GLOBAL 1.43% CLUB 0.40% J 1.42% SOFTWARE 0.40% IT 1.41% MAINTENANCE 0.40% PROPERTIES 1.34% ENTERPRISES 0.40% INTERNATIONAL 1.34% COMMUNICATIONS 0.40% BUILDING 1.34% LONDON 0.40% M 1.30% CLEANING 0.40% ELECTRICAL 1.25% D 0.40% SYSTEMS 1.24% CARE 0.40% S 1.23%
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 266 199,572 7487 - Other business activities 92 63,348 62020 - Information technology consultancy activities 89 9,177 7222 - Other software consultancy and supply 85 7,298 82990 - Other business support service activities not elsewhere classified 49 27,550 70229 - Management consultancy activities other than financial management 38 14,505 7414 - Business & management consultancy 37 13,474 98000 - Residents property management 27 3,235 9999 - Dormant Company 26 20,144 7260 - Other computer related activities 25 8,089 62090 - Other information technology service activities 23 6,330 4521 - General construction & civil engineering 21 6,598 9305 - Other service activities 17 8,858 99999 - Dormant Company 17 16,285 96090 - Other service activities not elsewhere classified 14 8,799 62012 - Business and domestic software development 13 2,858 69201 - Accounting and auditing activities 12 3,088 70100 - Activities of head offices 12 2,862 74909 - Other professional, scientific and technical activities not elsewhere classified 12 7,088 7499 - Non-trading company 12 12,000
Recent Companies
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Randomly selected companies from this quarter
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