Hertford, Hertfordshire
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Hertford UK 2010 187 203,749 2009 164 182,021 % change 14.0% 11.9% Record Year 2003 (241) 2007 (279,097) New Companies by Half Year
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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) Hertford UK 2010 88 98,612 2009 76 90,987 % change 15.8% 8.4% Record Year 2003 (110) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 33 24 31 New companies in 2009 28 28 20 % change 17.9% -14.3% 55.0% Record Year 2003 (40) 2007 (46) 2008 (37)
Closed Companies (dissolved)
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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) Hertford UK 2010 158 177,631 2009 215 289,236 % change -26.5% -38.6% Record Year 2009 (215) 2009 (289,236) Dissolved Companies by Half Year
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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) Hertford UK 2010 81 94,954 2009 144 181,176 % change -43.8% -47.6% Record Year 2009 (144) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 17 30 34 Closed companies in 2009 30 70 44 % change -43.3% -57.1% -23% Record Year 2009 (30) 2009 (70) 2009 (44)
Net Company Growth
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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) Hertford UK 2010 29 26,118 2009 -51 -107,215 Record Year 2003 (156) 2007 (171,296) Net Growth by Half Year
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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) Hertford UK 2010 7 3,658 2009 -68 -90,189 Record Year 2003 (79) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 16 -6 -3 Net growth in 2009 -2 -42 -24 Record Year 2003 (24) 2007 (30) 2008 (35)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1970 (0.2%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1970 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 8.4% -18.3% 39.4% Record Year 1975 (0.5%) 1970 (0.3%) 1971 (0.3%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.59% MANAGEMENT 5.01% CONSULTING 1.43% CONSULTING 4.79% CONSTRUCTION 1.11% CONSULTANCY 3.02% RTM 1.11% PROPERTY 2.40% D 0.96% ASSOCIATES 2.02% ASSOCIATES 0.96% TRADING 2.01% PROPERTY 0.80% DESIGN 1.91% STREET 0.64% CONSTRUCTION 1.85% GREYHOUND 0.64% MEDIA 1.80% BUILDING 0.64% BUSINESS 1.75% TRANSPORT 0.64% CONSULTANTS 1.71% S 0.64% INTERNATIONAL 1.59% (HERTFORD) 0.64% ENGINEERING 1.56% CONSULTANCY 0.64% LONDON 1.52% BUSINESS 0.64% INVESTMENTS 1.49% K 0.64% J 1.46% SYSTEMS 0.48% CARE 1.41% OAK 0.48% GLOBAL 1.39% HERTFORD 0.48% PROPERTIES 1.35% ELECTRICAL 0.48% BUILDING 1.33% PRODUCTIONS 0.48% M 1.29% PROPERTIES 0.48% IT 1.28% ROAD 0.48% ELECTRICAL 1.27% SCHOOL 0.48% GROUP 1.25% ENVIRONMENTAL 0.48% DEVELOPMENTS 1.25%
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 147 207,125 7487 - Other business activities 49 68,525 82990 - Other business support service activities not elsewhere classified 44 25,942 70229 - Management consultancy activities other than financial management 17 13,490 9999 - Dormant Company 17 19,842 7414 - Business & management consultancy 13 14,598 62090 - Other information technology service activities 12 5,854 98000 - Residents property management 12 3,540 9305 - Other service activities 10 8,822 96090 - Other service activities not elsewhere classified 10 7,922 99999 - Dormant Company 8 14,342 74909 - Other professional, scientific and technical activities not elsewhere classified 8 6,684 9800 - Residents Property Management 8 2,100 7260 - Other computer related activities 7 9,122 68209 - Other letting and operating of own or leased real estate 7 3,834 74990 - Non-trading company 6 7,893 4525 - Other special trades construction 6 2,224 7031 - Real estate agencies 6 1,598 7499 - Non-trading company 5 13,997 4521 - General construction & civil engineering 5 8,262
Recent Companies
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Randomly selected companies from this quarter
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