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
New Company Registrations
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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) Hertford UK 2011 107 116,391 2010 99 105,137 % change 8.1% 10.7% Record Year 2003 (131) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2011 40 36 31 New companies in 2010 25 32 42 % change 60.0% 12.5% -26.2% Record Year 2011 (40) 2008 (40) 2003 (61)
Closed Companies (dissolved)
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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) Hertford UK 2011 84 90,986 2010 77 82,677 % change 9.1% 10.0% Record Year 2011 (84) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 27 27 30 Closed companies in 2010 17 25 35 % change 58.8% 8.0% -14% Record Year 2011 (27) 2011 (27) 2009 (37)
Net Company Growth
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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) Hertford UK 2011 23 25,405 2010 22 22,460 Record Year 2003 (77) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 13 9 1 Net growth in 2010 8 7 7 Record Year 2004 (19) 2005 (23) 2003 (45)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1963 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 38.0% -1.0% -29.6% Record Year 1970 (0.4%) 1974 (0.5%) 1960 (0.5%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.76% CONSULTING 5.04% RTM 1.47% MANAGEMENT 4.97% CONSULTING 1.47% CONSULTANCY 3.16% HERTFORD 1.32% PROPERTY 2.38% LONDON 1.18% TRADING 2.10% ASSOCIATES 1.03% DESIGN 1.93% PROPERTY 0.88% ASSOCIATES 1.92% BUILDING 0.74% BUSINESS 1.87% S 0.74% CONSTRUCTION 1.80% CONSTRUCTION 0.74% CONSULTANTS 1.76% MEDIA 0.74% MEDIA 1.69% M 0.59% ENGINEERING 1.61% C 0.59% LONDON 1.60% BUSINESS 0.59% CARE 1.45% RIGHTSHOT 0.59% J 1.45% ELECTRICAL 0.59% GLOBAL 1.44% CONSULTANCY 0.59% INVESTMENTS 1.43% TRADING 0.44% IT 1.41% SALONS 0.44% PROPERTIES 1.36% DEVELOPMENTS 0.44% BUILDING 1.34% ENGINEERING 0.44% M 1.30% E 0.44% ELECTRICAL 1.28% PROPERTIES 0.44% S 1.24% J. 0.44% INTERNATIONAL 1.23% IT 0.44% SYSTEMS 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 134 202,798 7487 - Other business activities 50 60,968 82990 - Other business support service activities not elsewhere classified 46 30,253 70229 - Management consultancy activities other than financial management 21 16,150 7414 - Business & management consultancy 18 12,916 98000 - Residents property management 17 3,154 62090 - Other information technology service activities 14 6,996 4545 - Other building completion 11 2,483 9305 - Other service activities 10 8,740 96090 - Other service activities not elsewhere classified 8 10,085 9999 - Dormant Company 8 19,765 74909 - Other professional, scientific and technical activities not elsewhere classified 8 7,788 43390 - Other building completion and finishing 7 2,707 74990 - Non-trading company 7 8,695 43220 - Plumbing, heat and air-conditioning installation 6 2,312 45200 - Maintenance and repair of motor vehicles 6 2,259 68209 - Other letting and operating of own or leased real estate 6 3,895 4521 - General construction & civil engineering 6 6,183 99999 - Dormant Company 6 18,336 43210 - Electrical installation 5 3,172
Recent Companies
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Randomly selected companies from this quarter
reports
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