Hemel Hempstead, Hertfordshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Hemel Hempstead when compared to any half year in history.
  • May 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous May.
  • June 2014 saw a new record in company closures in Hemel Hempstead when compared to any previous June.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Hemel Hempstead when compared to any half year in history.

    In the first half of 2014 a total of 479 companies were formed in Hemel Hempstead. This figure is 3.0% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Hemel Hempstead occurred in 2014 when a total of 479 were formed.

    Half Year (Jan-Jun)Hemel HempsteadUK
    2014479300,731
    2013465269,432
    % change3.0%11.6%
    Record Year2014 (479)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 230 companies were registered in Hemel Hempstead during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 2.1% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Hemel HempsteadUK
    2014230150,009
    2013235134,630
    % change-2.1%11.4%
    Record Year 2013 (235) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2014828068
    New companies in 2013986374
    % change-16.3%27.0%-8.1%
    Record Year2013 (98)2014 (80)2011 (82)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 285 companies were dissolved in Hemel Hempstead. This figure is 0.7% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Hemel Hempstead occurred in 2009 when a total of 365 were closed.

    Half Year (Jan-Jun)Hemel HempsteadUK
    2014285177,207
    2013283155,192
    % change0.7%14.2%
    Record Year2009 (365)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 158 companies were dissolved in Hemel Hempstead during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 28.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Hemel HempsteadUK
    201415894,837
    201312377,278
    % change28.5%22.7%
    Record Year 2009 (212) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company closures in Hemel Hempstead when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014375764
    Closed companies in 2013403845
    % change-7.5%50.0%42%
    Record Year2009 (73)2009 (94)2014 (64)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Hemel Hempstead increased by 194 companies.

    Half Year (Jan-Jun)Hemel HempsteadUK
    2014194123,524
    2013182114,240
    Record Year2007 (339)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Hemel Hempstead during the second quarter of 2014 (Apr 2014 - Jun 2014) was 72 companies.

    second quarter (Apr 2014 - Jun 2014)Hemel HempsteadUK
    20147255,172
    201311257,352
    Record Year 2007 (132) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201445234
    Net growth in 2013582529
    Record Year2011 (67)2006 (33)2008 (56)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Hemel Hempstead formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Hemel Hempstead
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Hemel Hempstead formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Hemel Hempstead
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2009 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.1%
    UK formation share in 20130.2%0.1%0.2%
    % change-24.5%17.2%-20.4%
    Record Year1985 (0.3%)1998 (0.2%)1978 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.6.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.1.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Hemel Hempstead was 2009 when 30.1% of all directors were female.

    29.1% of all director appointments in Hemel Hempstead in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Hemel Hempstead was in 2009 when 32.7% of all directors were female.

    29.2% of all director appointments in Hemel Hempstead in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING3.64%CONSULTING5.16%
    CONSULTANCY1.44%MANAGEMENT4.64%
    MANAGEMENT1.24%CONSULTANCY3.50%
    PROPERTY0.96%PROPERTY2.66%
    CONSULTANTS0.82%TRADING2.03%
    CARE0.82%ENGINEERING1.99%
    BUSINESS0.82%CONSTRUCTION1.93%
    CLEANING0.76%LONDON1.93%
    IT0.76%CARE1.85%
    GLOBAL0.69%DESIGN1.75%
    CONSTRUCTION0.69%CONSULTANTS1.73%
    TRANSPORT0.62%BUSINESS1.69%
    PROJECT0.55%PROPERTIES1.63%
    MEDIA0.55%TRANSPORT1.58%
    LONDON0.55%GLOBAL1.55%
    DESIGN0.48%INVESTMENTS1.55%
    TRANS0.48%J1.51%
    HEMEL0.48%ASSOCIATES1.48%
    J0.48%MEDIA1.44%
    L0.41%ELECTRICAL1.40%
    INVESTMENTS0.41%IT1.33%
    PRODUCTIONS0.41%DEVELOPMENTS1.33%
    TECHNOLOGIES0.41%BUILDING1.26%
    DIGITAL0.34%M1.24%
    SOFTWARE0.34%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied342261,557
    62020 - Information technology consultancy activities22329,029
    70229 - Management consultancy activities other than financial management12840,250
    82990 - Other business support service activities not elsewhere classified7857,421
    99999 - Dormant Company5848,436
    62012 - Business and domestic software development479,834
    86900 - Other human health activities3411,292
    96090 - Other service activities not elsewhere classified3428,352
    74909 - Other professional, scientific and technical activities not elsewhere classified2819,058
    62090 - Other information technology service activities2613,024
    41100 - Development of building projects2510,527
    69201 - Accounting and auditing activities207,415
    74990 - Non-trading company1914,351
    63990 - Other information service activities not elsewhere classified176,099
    49410 - Freight transport by road159,265
    70221 - Financial management143,511
    45200 - Maintenance and repair of motor vehicles135,375
    47910 - Retail sale via mail order houses or via Internet139,900
    85590 - Other education not elsewhere classified126,043
    43999 - Other specialised construction activities not elsewhere classified128,533

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08977145 SPENCEWARE LIMITED 03 Apr 2014
    08981749 APEX ACCOUNTANCY SOLUTIONS LTD 07 Apr 2014
    08982862 LABRADOR SECURITY LTD 07 Apr 2014
    08987681 HIGGS CONSULTING LIMITED 09 Apr 2014
    08987715 M4V NUCLEAR CONSULTANCY LTD 09 Apr 2014
    08993937 NM ENGINEERS LIMITED 14 Apr 2014
    09011873 VERVE BAR HEMEL LIMITED 25 Apr 2014
    09012244 OPTIMA PERFORMANCE LIMITED 25 Apr 2014
    09013090 KB AIRTECH LTD. 28 Apr 2014
    08972335 COMPLEX TRANSPORT SERVICES LTD 02 Apr 2014
    08978576 WATER WITCHES LADY PLUMBERS LTD 04 Apr 2014
    08994147 BAVINCO LIMITED 14 Apr 2014
    09009222 PBR DECORATORS LTD 24 Apr 2014
    09010403 HAPTC LIMITED 24 Apr 2014
    09018076 KUSH CLOTHING LTD 30 Apr 2014
    08979753 SPECFLOR LIMITED 04 Apr 2014
    08981338 ARTY CREATIONS LIMITED 07 Apr 2014
    08988049 R A PARROTT SERVICES LIMITED 09 Apr 2014
    08992551 SUNREYS LTD 11 Apr 2014
    09000921 LEGRAND CONSULTING LIMITED 17 Apr 2014
    09001390 TINY LITTLE CREATIONS LTD 17 Apr 2014
    09004363 SANA ORIS LTD 22 Apr 2014
    09005243 DAMP PROOFING DIRECT LTD 22 Apr 2014
    09011546 MUD DOG PRODUCTIONS LIMITED 25 Apr 2014
    09013360 D M P SERVICES CONSTRUCTION MANAGERS LTD 28 Apr 2014