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

  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. 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)HertfordUK
    201099105,137
    20098891,034
    % change12.5%15.5%
    Record Year 2003 (131) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010253242
    New companies in 2009272338
    % change-7.4%39.1%10.5%
    Record Year2003 (39)2008 (40)2003 (61)

Closed Companies (dissolved)

  1. 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)HertfordUK
    20107782,677
    200971108,060
    % change8.5%-23.5%
    Record Year 2010 (77) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010172535
    Closed companies in 2009191537
    % change-10.5%66.7%-5%
    Record Year2003 (23)2010 (25)2009 (37)

Net Company Growth

  1. 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)HertfordUK
    20102222,460
    200917-17,026
    Record Year 2003 (77) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010877
    Net growth in 2009881
    Record Year2004 (19)2005 (23)2003 (45)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1963 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-14.0%19.0%-8.1%
    Record Year1970 (0.4%)1974 (0.5%)1960 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.63%MANAGEMENT5.01%
    RTM1.63%CONSULTING4.60%
    CONSULTING1.14%CONSULTANCY2.87%
    CONSTRUCTION0.98%PROPERTY2.50%
    PROPERTY0.98%ASSOCIATES2.04%
    CONSULTANCY0.81%TRADING1.93%
    D0.81%DESIGN1.91%
    MAINTENANCE0.81%CONSTRUCTION1.87%
    ASSOCIATES0.81%MEDIA1.84%
    HERTFORD0.81%BUSINESS1.74%
    BUILDING0.81%INTERNATIONAL1.73%
    K0.65%CONSULTANTS1.63%
    HOUSE0.65%ENGINEERING1.54%
    SYSTEMS0.65%J1.48%
    GREYHOUND0.65%LONDON1.45%
    110.49%INVESTMENTS1.45%
    LEGAL0.49%GROUP1.37%
    T0.49%GLOBAL1.35%
    ENERGY0.49%PROPERTIES1.35%
    N0.49%BUILDING1.34%
    SPA0.49%CARE1.33%
    ROAD0.49%ELECTRICAL1.30%
    (HERTFORD)0.49%M1.28%
    STREET0.49%SYSTEMS1.25%
    COFFEE0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied158228,645
    7487 - Other business activities5574,904
    82990 - Other business support service activities not elsewhere classified5026,974
    9999 - Dormant Company1819,948
    7414 - Business & management consultancy1817,003
    70229 - Management consultancy activities other than financial management1814,007
    98000 - Residents property management113,892
    62090 - Other information technology service activities116,340
    7260 - Other computer related activities1010,331
    96090 - Other service activities not elsewhere classified108,154
    99999 - Dormant Company913,808
    74909 - Other professional, scientific and technical activities not elsewhere classified97,143
    9305 - Other service activities99,038
    9800 - Residents Property Management72,185
    4525 - Other special trades construction62,434
    4531 - Installation electrical wiring etc.62,729
    43210 - Electrical installation63,163
    4545 - Other building completion63,346
    7031 - Real estate agencies61,702
    43220 - Plumbing, heat and air-conditioning installation62,179

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07136268 POWDER N SHINE LTD 26 Jan 2010
    07132569 GROVEMOUNT ESTATES LIMITED 21 Jan 2010
    07125207 OAK TREE LEGAL SERVICES LIMITED 14 Jan 2010
    07122497 MAIN FEATURES LIMITED 12 Jan 2010
    07121165 HERTFORD BATHROOMS LIMITED 10 Jan 2010
    07118974 EATON ROBERTS LTD 07 Jan 2010
    07141336 ST ANDREWS REAL ESTATE LIMITED 31 Jan 2010
    07136950 BEESONS LDA LIMITED 26 Jan 2010
    07136142 SIGNATURE CREATIVE SOLUTIONS LIMITED 26 Jan 2010
    07133685 B4BS CONSULTING LIMITED 22 Jan 2010
    07132760 COGNITIVE WORK SOLUTIONS LIMITED 21 Jan 2010
    07130095 WHITE DIRECT LIMITED 19 Jan 2010
    07127433 THAMES CATERING EQUIPMENT LIMITED 16 Jan 2010
    07124504 THE STAGEWORKS GEAR COMPANY LIMITED 13 Jan 2010
    07122656 WIZARD DARTS LIMITED 12 Jan 2010
    07121350 NEIL HANCOCK BUILDING SERVICES LIMITED 11 Jan 2010
    07120003 33-39 SWAYLANDS ROAD RTM COMPANY LIMITED 08 Jan 2010
    07118868 EMBARC MARKETING LIMITED 07 Jan 2010
    07118787 G. MATTHEWS & SON LIMITED 07 Jan 2010
    07116849 JW ELECTRICAL SOLUTIONS LIMITED 05 Jan 2010
    07116678 RDMUSIC LTD 05 Jan 2010
    07116336 GREYHOUND BUILDERS LIMITED 05 Jan 2010
    07116322 GREYHOUND DRAINAGE LIMITED 05 Jan 2010
    07116304 HARLOW GREYHOUND STADIUM LIMITED 05 Jan 2010
    OC351471 ST ONE ROOFING LLP 13 Jan 2010