Hertford, Hertfordshire
Q1 2010 Business Confidence Report
Headlines
- Q1 2010 saw a new record in company closures in Hertford when compared to any previous Q1.
- February 2010 saw a new record in company closures in Hertford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 99 companies were registered in Hertford during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 12.5% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Hertford UK 2010 99 105,137 2009 88 91,034 % change 12.5% 15.5% Record Year 2003 (131) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 25 32 42 New companies in 2009 27 23 38 % change -7.4% 39.1% 10.5% Record Year 2003 (39) 2008 (40) 2003 (61)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
Q1 2010 saw a new record in company closures in Hertford when compared to any previous Q1.
A total of 77 companies were dissolved in Hertford during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 8.5% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Hertford UK 2010 77 82,677 2009 71 108,060 % change 8.5% -23.5% Record Year 2010 (77) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Hertford when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2010 17 25 35 Closed companies in 2009 19 15 37 % change -10.5% 66.7% -5% Record Year 2003 (23) 2010 (25) 2009 (37)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Hertford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 22 companies.
first quarter (Jan 2010 - Mar 2010) Hertford UK 2010 22 22,460 2009 17 -17,026 Record Year 2003 (77) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 8 7 7 Net growth in 2009 8 8 1 Record Year 2004 (19) 2005 (23) 2003 (45)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Hertford formed 0.1% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Hertford 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1963 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -14.0% 19.0% -8.1% Record Year 1970 (0.4%) 1974 (0.5%) 1960 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 45.6.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Hertford was in 1861 when 40.0% of all directors were female.
31.9% of all director appointments in Hertford in the first 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 (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.63% MANAGEMENT 5.01% RTM 1.63% CONSULTING 4.60% CONSULTING 1.14% CONSULTANCY 2.87% CONSTRUCTION 0.98% PROPERTY 2.50% PROPERTY 0.98% ASSOCIATES 2.04% CONSULTANCY 0.81% TRADING 1.93% D 0.81% DESIGN 1.91% MAINTENANCE 0.81% CONSTRUCTION 1.87% ASSOCIATES 0.81% MEDIA 1.84% HERTFORD 0.81% BUSINESS 1.74% BUILDING 0.81% INTERNATIONAL 1.73% K 0.65% CONSULTANTS 1.63% HOUSE 0.65% ENGINEERING 1.54% SYSTEMS 0.65% J 1.48% GREYHOUND 0.65% LONDON 1.45% 11 0.49% INVESTMENTS 1.45% LEGAL 0.49% GROUP 1.37% T 0.49% GLOBAL 1.35% ENERGY 0.49% PROPERTIES 1.35% N 0.49% BUILDING 1.34% SPA 0.49% CARE 1.33% ROAD 0.49% ELECTRICAL 1.30% (HERTFORD) 0.49% M 1.28% STREET 0.49% SYSTEMS 1.25% COFFEE 0.49% 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 158 228,645 7487 - Other business activities 55 74,904 82990 - Other business support service activities not elsewhere classified 50 26,974 9999 - Dormant Company 18 19,948 7414 - Business & management consultancy 18 17,003 70229 - Management consultancy activities other than financial management 18 14,007 98000 - Residents property management 11 3,892 62090 - Other information technology service activities 11 6,340 7260 - Other computer related activities 10 10,331 96090 - Other service activities not elsewhere classified 10 8,154 99999 - Dormant Company 9 13,808 74909 - Other professional, scientific and technical activities not elsewhere classified 9 7,143 9305 - Other service activities 9 9,038 9800 - Residents Property Management 7 2,185 4525 - Other special trades construction 6 2,434 4531 - Installation electrical wiring etc. 6 2,729 43210 - Electrical installation 6 3,163 4545 - Other building completion 6 3,346 7031 - Real estate agencies 6 1,702 43220 - Plumbing, heat and air-conditioning installation 6 2,179
Recent Companies
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Randomly selected companies from this quarter
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