Hertford, Hertfordshire

2010 Half Year Business Confidence Report

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 2010)

    In the first half of 2010 a total of 187 companies were formed in Hertford. This figure is 14.0% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Hertford occurred in 2003 when a total of 241 were formed.

    Half Year (Jan-Jun)HertfordUK
    2010187203,749
    2009164182,021
    % change14.0%11.9%
    Record Year2003 (241)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 88 companies were registered in Hertford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 15.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)HertfordUK
    20108898,612
    20097690,987
    % change15.8%8.4%
    Record Year 2003 (110) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010332431
    New companies in 2009282820
    % change17.9%-14.3%55.0%
    Record Year2003 (40)2007 (46)2008 (37)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 158 companies were dissolved in Hertford. This figure is 26.5% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Hertford occurred in 2009 when a total of 215 were closed.

    Half Year (Jan-Jun)HertfordUK
    2010158177,631
    2009215289,236
    % change-26.5%-38.6%
    Record Year2009 (215)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 81 companies were dissolved in Hertford during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 43.8% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)HertfordUK
    20108194,954
    2009144181,176
    % change-43.8%-47.6%
    Record Year 2009 (144) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010173034
    Closed companies in 2009307044
    % change-43.3%-57.1%-23%
    Record Year2009 (30)2009 (70)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Hertford increased by 29 companies.

    Half Year (Jan-Jun)HertfordUK
    20102926,118
    2009-51-107,215
    Record Year2003 (156)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Hertford during the second quarter of 2010 (Apr 2010 - Jun 2010) was 7 companies.

    second quarter (Apr 2010 - Jun 2010)HertfordUK
    201073,658
    2009-68-90,189
    Record Year 2003 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201016-6-3
    Net growth in 2009-2-42-24
    Record Year2003 (24)2007 (30)2008 (35)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Hertford formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jan-Jun)Hertford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Hertford formed 0.1% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Hertford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1970 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change8.4%-18.3%39.4%
    Record Year1975 (0.5%)1970 (0.3%)1971 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 45.4.

    The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 45.1.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Hertford was 1861 when 40.0% of all directors were female.

    29.9% of all director appointments in Hertford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Hertford was in 1866 when 66.7% of all directors were female.

    27.7% of all director appointments in Hertford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.59%MANAGEMENT5.01%
    CONSULTING1.43%CONSULTING4.79%
    CONSTRUCTION1.11%CONSULTANCY3.02%
    RTM1.11%PROPERTY2.40%
    D0.96%ASSOCIATES2.02%
    ASSOCIATES0.96%TRADING2.01%
    PROPERTY0.80%DESIGN1.91%
    STREET0.64%CONSTRUCTION1.85%
    GREYHOUND0.64%MEDIA1.80%
    BUILDING0.64%BUSINESS1.75%
    TRANSPORT0.64%CONSULTANTS1.71%
    S0.64%INTERNATIONAL1.59%
    (HERTFORD)0.64%ENGINEERING1.56%
    CONSULTANCY0.64%LONDON1.52%
    BUSINESS0.64%INVESTMENTS1.49%
    K0.64%J1.46%
    SYSTEMS0.48%CARE1.41%
    OAK0.48%GLOBAL1.39%
    HERTFORD0.48%PROPERTIES1.35%
    ELECTRICAL0.48%BUILDING1.33%
    PRODUCTIONS0.48%M1.29%
    PROPERTIES0.48%IT1.28%
    ROAD0.48%ELECTRICAL1.27%
    SCHOOL0.48%GROUP1.25%
    ENVIRONMENTAL0.48%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied147207,125
    7487 - Other business activities4968,525
    82990 - Other business support service activities not elsewhere classified4425,942
    70229 - Management consultancy activities other than financial management1713,490
    9999 - Dormant Company1719,842
    7414 - Business & management consultancy1314,598
    62090 - Other information technology service activities125,854
    98000 - Residents property management123,540
    9305 - Other service activities108,822
    96090 - Other service activities not elsewhere classified107,922
    99999 - Dormant Company814,342
    74909 - Other professional, scientific and technical activities not elsewhere classified86,684
    9800 - Residents Property Management82,100
    7260 - Other computer related activities79,122
    68209 - Other letting and operating of own or leased real estate73,834
    74990 - Non-trading company67,893
    4525 - Other special trades construction62,224
    7031 - Real estate agencies61,598
    7499 - Non-trading company513,997
    4521 - General construction & civil engineering58,262

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07299321 THE HERTFORD DENTAL AND COSMETIC CENTRE LTD 29 Jun 2010
    07299249 M-Y E BOOKS (HERTFORD) LIMITED 29 Jun 2010
    07291997 EASEGRACE LIMITED 22 Jun 2010
    07291476 BRMD LIMITED 22 Jun 2010
    07286723 DAN TRANZ LTD 16 Jun 2010
    07286479 JA JA LIMITED 16 Jun 2010
    07285425 DNA-PLAY LIMITED 15 Jun 2010
    07284522 BLUE FOX ASSOCIATES LIMITED 15 Jun 2010
    07279947 COMPLETE ELECTRICAL INSTALLATIONS LTD 10 Jun 2010
    07274828 TELL US WHEN LTD 07 Jun 2010
    07298721 JJAC TRANSIT SERVICES LIMITED 29 Jun 2010
    07297922 ASTICO LIMITED 29 Jun 2010
    07295528 GROOVE ARMADA LIMITED 25 Jun 2010
    07293977 LAGUNA DEVELOPMENTS LIMITED 24 Jun 2010
    07291411 TILBURY TRANSPORT LIMITED 22 Jun 2010
    07291088 WE NEED A SCHOOL LTD 22 Jun 2010
    07288699 VOX RATIO LIMITED 18 Jun 2010
    07287325 DEERFIELD SOLUTIONS LIMITED 17 Jun 2010
    07287246 TILBURY COLDSTORE LIMITED 17 Jun 2010
    07282557 F C TRANSPORT LIMITED 14 Jun 2010
    07278983 196 EVERING ROAD LONDON LIMITED 09 Jun 2010
    07277676 D & B GENERAL SERVICE LTD 08 Jun 2010
    07275241 RYE STREET PROPERTIES LIMITED 07 Jun 2010
    07272260 CILEK LIMITED 03 Jun 2010
    07269885 ELECTRIC RED LIMITED 01 Jun 2010