Hemel Hempstead, Hertfordshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Hemel Hempstead when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Hemel Hempstead when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous December.
  • November 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous November.
  • October 2014 saw a new record in company registrations in Hemel Hempstead when compared to any previous October.
  • 2014 was a record year for company closures in Hemel Hempstead when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Hemel Hempstead when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Hemel Hempstead when compared to any half year in history.
  • December 2014 saw a new record in company closures in Hemel Hempstead 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 (2014)

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

    A total of 985 companies were formed in Hemel Hempstead in 2014. This total is 8.7% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHemel HempsteadUK
    2014985582,051
    2013906529,363
    2012806491,893
    2011881452,870
    2010775400,358
    Record Year2014 (985)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 Hemel Hempstead when compared to any previous second half year.

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

    In the second half of 2014 a total of 506 companies were formed in Hemel Hempstead. This figure is 14.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Hemel Hempstead occurred in 2014 when a total of 506 were formed.

    Half Year (Jul-Dec)Hemel HempsteadUK
    2014506281,320
    2013441259,931
    % change14.7%8.2%
    Record Year2014 (506)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 Hemel Hempstead when compared to any previous Q4.

    A total of 265 companies were registered in Hemel Hempstead during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 26.8% versus the same period last year (Q4 2013). This figure compares well 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)Hemel HempsteadUK
    2014265137,906
    2013209127,247
    % change26.8%8.4%
    Record Year 2014 (265) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141019371
    New companies in 2013697367
    % change46.4%27.4%6.0%
    Record Year2014 (101)2014 (93)2014 (71)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Hemel Hempstead when compared to any year in history.

    A total of 667 companies were dissolved in Hemel Hempstead in 2014. This total is 15.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearHemel HempsteadUK
    2014667367,937
    2013580332,213
    2012501293,729
    2011450314,524
    2010523342,233
    Record Year2014 (667)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

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

    In the second half of 2014 a total of 382 companies were dissolved in Hemel Hempstead. This figure is 28.6% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Hemel Hempstead occurred in 2014 when a total of 382 were closed.

    Half Year (Jul-Dec)Hemel HempsteadUK
    2014382190,730
    2013297177,021
    % change28.6%7.7%
    Record Year2014 (382)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 168 companies were dissolved in Hemel Hempstead during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 18.3% 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)Hemel HempsteadUK
    201416889,060
    201314290,851
    % change18.3%-2.0%
    Record Year 2014 (168) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014396267
    Closed companies in 2013414556
    % change-4.9%37.8%20%
    Record Year2012 (61)2010 (75)2014 (67)

Net Company Growth

  1. Annual Data (2014)

    A total of 318 companies were added to the company register for Hemel Hempstead in 2014. This number represents growth of 32.3% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 8 companies lower 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
    2014318214,114
    2013326197,150
    2012305198,164
    2011431138,346
    201025258,125
    Record Year2007 (570)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Hemel Hempstead increased by 124 companies.

    Half Year (Jul-Dec)Hemel HempsteadUK
    201412490,590
    201314482,910
    Record Year2007 (231)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Hemel Hempstead during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 97 companies.

    fourth quarter (Oct 2014 - Dec 2014)Hemel HempsteadUK
    20149748,846
    20136736,396
    Record Year 2007 (114) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201462314
    Net growth in 2013282811
    Record Year1994 (66)2008 (33)2007 (39)

UK Company Share

  1. Annual Data (2014)

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

    YearHemel Hempstead
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1994 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second 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 (Jul-Dec)Hemel Hempstead
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1994 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Hemel Hempstead
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1994 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.1%0.2%0.2%
    % change39.2%21.0%-9.3%
    Record Year1994 (0.5%)1959 (0.6%)1991 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 42.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.4% 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 42.5.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.8% 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 42.5.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.1% 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 Hemel Hempstead was 1968 when 100.0% of all directors were female.

    The percentage of female directors in Hemel Hempstead in 2014 was 26.6%. 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 Hemel Hempstead was 2009 when 29.3% of all directors were female.

    24.4% of all director appointments in Hemel Hempstead 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 Hemel Hempstead was in 2006 when 32.2% of all directors were female.

    23.8% of all director appointments in Hemel Hempstead 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
    CONSULTING3.64%CONSULTING5.22%
    CONSULTANCY1.56%MANAGEMENT4.58%
    MANAGEMENT1.30%CONSULTANCY3.57%
    IT0.91%PROPERTY2.66%
    LONDON0.78%CONSTRUCTION2.12%
    CONSTRUCTION0.71%ENGINEERING2.10%
    HEMEL0.65%CARE2.02%
    CARE0.65%TRADING1.94%
    TRANS0.58%LONDON1.93%
    PROPERTY0.58%TRANSPORT1.93%
    ELECTRICAL0.52%DESIGN1.66%
    TRANSPORT0.52%CONSULTANTS1.64%
    LOGISTICS0.45%ELECTRICAL1.62%
    INVESTMENTS0.45%PROPERTIES1.62%
    PROPERTIES0.45%BUSINESS1.56%
    CONSULTANTS0.45%J1.54%
    DESIGN0.45%CO.,1.50%
    DIGITAL0.39%GLOBAL1.49%
    J0.39%INVESTMENTS1.48%
    PROJECT0.39%ASSOCIATES1.47%
    SERVICE0.39%DEVELOPMENTS1.35%
    R0.39%MEDIA1.33%
    MEDIA0.39%IT1.31%
    BUSINESS0.39%BUILDING1.29%
    L0.32%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied334265,608
    62020 - Information technology consultancy activities21930,178
    70229 - Management consultancy activities other than financial management13642,290
    82990 - Other business support service activities not elsewhere classified7458,068
    99999 - Dormant Company5548,509
    62012 - Business and domestic software development489,752
    96090 - Other service activities not elsewhere classified4429,009
    62090 - Other information technology service activities3212,837
    86900 - Other human health activities3212,976
    74909 - Other professional, scientific and technical activities not elsewhere classified2619,049
    41100 - Development of building projects2211,397
    49410 - Freight transport by road2110,842
    69201 - Accounting and auditing activities197,528
    74990 - Non-trading company1613,984
    47910 - Retail sale via mail order houses or via Internet1510,107
    63990 - Other information service activities not elsewhere classified146,157
    70221 - Financial management143,608
    43999 - Other specialised construction activities not elsewhere classified138,761
    41202 - Construction of domestic buildings137,559
    98000 - Residents property management135,255

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09242657 B ANALYTICS LIMITED 01 Oct 2014
    09246534 GREYSTONES PROPERTY MANAGEMENT LTD 02 Oct 2014
    09267022 PQISDTL LTD 16 Oct 2014
    09267069 4-SIMPLEX LTD 16 Oct 2014
    09269034 GARDEN RETREAT UK LIMITED 17 Oct 2014
    09272468 UKOPIA LIMITED 21 Oct 2014
    09273550 NORIKA LTD 21 Oct 2014
    09280227 MP CONSTRUCTION MANAGEMENT LIMITED 24 Oct 2014
    09284177 MIM SOCIAL CARE LIMITED 28 Oct 2014
    09284642 AMJ UNIVERSAL LTD 28 Oct 2014
    09287551 CHRIS TRANSPORT (UK) LTD 30 Oct 2014
    09243730 LEOANN LIMITED 01 Oct 2014
    09245661 XTRALIS SECURITY (UK) LIMITED 02 Oct 2014
    09249001 A. G. SPRING (GB) LTD 06 Oct 2014
    09249334 PZUR LTD 06 Oct 2014
    09253188 TRIDAN BUSINESS CONCEPTS LIMITED 07 Oct 2014
    09262041 SIZCO SOLUTIONS LIMITED 13 Oct 2014
    09269403 BASSETT DEVELOPMENTS LIMITED 17 Oct 2014
    09243577 COMBINED TECHNOLOGY (UK) LIMITED 01 Oct 2014
    09244078 S&J ACCOUNTANCY SOLUTION LTD. 01 Oct 2014
    09247813 URANUS TRADING LTD 03 Oct 2014
    09256855 INTEGRAL INNOVATIONS LTD 09 Oct 2014
    09266110 ITEC OPTICAL LABS LTD. 15 Oct 2014
    09273833 COCONUT CURE LTD 21 Oct 2014
    09283563 FLAIR STAIRS LIMITED 28 Oct 2014