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Hertford, Hertfordshire

Q1 2011 Business Confidence Report

Headlines

  • January 2011 saw a new record in company registrations in Hertford when compared to any previous January.
  • Q1 2011 saw a new record in company closures in Hertford when compared to any previous Q1.
  • February 2011 saw a new record in company closures in Hertford when compared to any previous February.
  • January 2011 saw a new record in company closures in Hertford when compared to any previous January.

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 2011)

    A total of 107 companies were registered in Hertford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 8.1% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HertfordUK
    2011107116,391
    201099105,137
    % change8.1%10.7%
    Record Year 2003 (131) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company registrations in Hertford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011403631
    New companies in 2010253242
    % change60.0%12.5%-26.2%
    Record Year2011 (40)2008 (40)2003 (61)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Hertford when compared to any previous Q1.

    A total of 84 companies were dissolved in Hertford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 9.1% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HertfordUK
    20118490,986
    20107782,677
    % change9.1%10.0%
    Record Year 2011 (84) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Hertford when compared to any previous February.

    January 2011 saw a new record in company closures in Hertford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011272730
    Closed companies in 2010172535
    % change58.8%8.0%-14%
    Record Year2011 (27)2011 (27)2009 (37)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Hertford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 23 companies.

    first quarter (Jan 2011 - Mar 2011)HertfordUK
    20112325,405
    20102222,460
    Record Year 2003 (77) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20111391
    Net growth in 2010877
    Record Year2004 (19)2005 (23)2003 (45)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Hertford formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1963 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change38.0%-1.0%-29.6%
    Record Year1970 (0.4%)1974 (0.5%)1960 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 45.1.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    23.0% of all director appointments in Hertford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.76%CONSULTING5.04%
    RTM1.47%MANAGEMENT4.97%
    CONSULTING1.47%CONSULTANCY3.16%
    HERTFORD1.32%PROPERTY2.38%
    LONDON1.18%TRADING2.10%
    ASSOCIATES1.03%DESIGN1.93%
    PROPERTY0.88%ASSOCIATES1.92%
    BUILDING0.74%BUSINESS1.87%
    S0.74%CONSTRUCTION1.80%
    CONSTRUCTION0.74%CONSULTANTS1.76%
    MEDIA0.74%MEDIA1.69%
    M0.59%ENGINEERING1.61%
    C0.59%LONDON1.60%
    BUSINESS0.59%CARE1.45%
    RIGHTSHOT0.59%J1.45%
    ELECTRICAL0.59%GLOBAL1.44%
    CONSULTANCY0.59%INVESTMENTS1.43%
    TRADING0.44%IT1.41%
    SALONS0.44%PROPERTIES1.36%
    DEVELOPMENTS0.44%BUILDING1.34%
    ENGINEERING0.44%M1.30%
    E0.44%ELECTRICAL1.28%
    PROPERTIES0.44%S1.24%
    J.0.44%INTERNATIONAL1.23%
    IT0.44%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied134202,798
    7487 - Other business activities5060,968
    82990 - Other business support service activities not elsewhere classified4630,253
    70229 - Management consultancy activities other than financial management2116,150
    7414 - Business & management consultancy1812,916
    98000 - Residents property management173,154
    62090 - Other information technology service activities146,996
    4545 - Other building completion112,483
    9305 - Other service activities108,740
    96090 - Other service activities not elsewhere classified810,085
    9999 - Dormant Company819,765
    74909 - Other professional, scientific and technical activities not elsewhere classified87,788
    43390 - Other building completion and finishing72,707
    74990 - Non-trading company78,695
    43220 - Plumbing, heat and air-conditioning installation62,312
    45200 - Maintenance and repair of motor vehicles62,259
    68209 - Other letting and operating of own or leased real estate63,895
    4521 - General construction & civil engineering66,183
    99999 - Dormant Company618,336
    43210 - Electrical installation53,172

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07507711 SALT SUPPLIER LIMITED 27 Jan 2011
    07494233 SPINNAKER-INNS LIMITED 17 Jan 2011
    07489767 VISION OFFICE AUTOMATION LONDON LIMITED 12 Jan 2011
    07489554 SHIELD CONTRACT SERVICES LIMITED 12 Jan 2011
    07489373 PCSUK LTD 11 Jan 2011
    07488525 HERTS HD LIMITED 11 Jan 2011
    07482401 PILATES AT THE STUDIO LIMITED 05 Jan 2011
    07510509 PROFESSIONAL TEACHING SALONS LIMITED 31 Jan 2011
    07510321 CHANGING SALONS LIMITED 31 Jan 2011
    07510205 PORTMANS RECRUITMENT LIMITED 31 Jan 2011
    07507315 GABRIEL MORRIS LIMITED 27 Jan 2011
    07503889 ECOSEAL CONSTRUCTION LTD 24 Jan 2011
    07503433 MAN BUILDING AND ENVIRONMENTAL SERVICES LIMITED 24 Jan 2011
    07502907 FACE GRACE LIMITED 24 Jan 2011
    07500582 EXCLUSIVELY EVENTS LIMITED 21 Jan 2011
    07496722 42 DECIMA STREET RTM COMPANY LIMITED 18 Jan 2011
    07496708 LEGIONELLA MANAGEMENT LTD 18 Jan 2011
    07492402 D & L VEHICLE SERVICES LIMITED 13 Jan 2011
    07491547 ACHIEVE WITH NLP LIMITED 13 Jan 2011
    07491156 GO-PRO SPORTS & LEISURE LIMITED 13 Jan 2011
    07491148 LITTLE PETE FOODS LIMITED 13 Jan 2011
    07490346 BUYBYECARS LIMITED 12 Jan 2011
    07488794 LANES LAND LIMITED 11 Jan 2011
    07485968 SKILLFORM LONDON LIMITED 10 Jan 2011
    07484262 WALTON LODGE VETERINARY GROUP LIMITED 06 Jan 2011