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Hertford, Hertfordshire

2011 Half Year Business Confidence Report

Headlines

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

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 2011)

    In the first half of 2011 a total of 202 companies were formed in Hertford. This figure is 8.0% higher than last year, which compares badly to the UK wide figure of 12.3%.

    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
    2011202228,735
    2010187203,749
    % change8.0%12.3%
    Record Year2003 (241)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 95 companies were registered in Hertford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 8.0% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)HertfordUK
    201195112,344
    20108898,612
    % change8.0%13.9%
    Record Year 2003 (110) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

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

    New Companies by Month
    AprilMayJune
    New companies in 2011243239
    New companies in 2010332431
    % change-27.3%33.3%25.8%
    Record Year2003 (40)2007 (46)2011 (39)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 144 companies were dissolved in Hertford. This figure is 8.9% lower than last year, which compares well to the UK wide change of -8.6%.

    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
    2011144162,310
    2010158177,631
    % change-8.9%-8.6%
    Record Year2009 (215)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 60 companies were dissolved in Hertford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 25.9% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)HertfordUK
    20116071,324
    20108194,954
    % change-25.9%-24.9%
    Record Year 2009 (144) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011153312
    Closed companies in 2010173034
    % change-11.8%10.0%-65%
    Record Year2009 (30)2009 (70)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Hertford increased by 58 companies.

    Half Year (Jan-Jun)HertfordUK
    20115866,425
    20102926,118
    Record Year2003 (156)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Hertford during the second quarter of 2011 (Apr 2011 - Jun 2011) was 35 companies.

    second quarter (Apr 2011 - Jun 2011)HertfordUK
    20113541,020
    201073,658
    Record Year 2003 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 20119-127
    Net growth in 201016-6-3
    Record Year2003 (24)2007 (30)2008 (35)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Hertford formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jan-Jun)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    second quarter (Apr 2011 - Jun 2011)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1970 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-29.6%5.0%11.5%
    Record Year1975 (0.5%)1970 (0.3%)1971 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 44.8.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.6.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    26.6% of all director appointments in Hertford in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    29.9% of all director appointments in Hertford in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.71%CONSULTING5.09%
    RTM1.71%MANAGEMENT4.86%
    HERTFORD1.42%CONSULTANCY3.17%
    CONSULTING1.28%PROPERTY2.43%
    PROPERTY1.00%TRADING2.05%
    CONSULTANCY0.85%DESIGN1.94%
    LONDON0.85%ASSOCIATES1.92%
    ASSOCIATES0.85%BUSINESS1.87%
    M0.71%CONSTRUCTION1.77%
    MEDIA0.71%CONSULTANTS1.76%
    CONSTRUCTION0.71%MEDIA1.73%
    BUILDING0.71%ENGINEERING1.67%
    PROJECTS0.57%LONDON1.60%
    RIGHTSHOT0.57%GLOBAL1.46%
    J0.43%J1.44%
    PALLETT0.43%CARE1.44%
    JONES0.43%INVESTMENTS1.42%
    C0.43%IT1.39%
    ROAD0.43%BUILDING1.32%
    CARE0.43%PROPERTIES1.31%
    SALES0.43%ELECTRICAL1.30%
    SALONS0.43%M1.27%
    HOUSE0.43%S1.23%
    CONTRACTORS0.43%ENTERPRISES1.20%
    ONE0.43%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied142202,072
    7487 - Other business activities5360,758
    82990 - Other business support service activities not elsewhere classified4530,647
    70229 - Management consultancy activities other than financial management1916,419
    7414 - Business & management consultancy1913,053
    98000 - Residents property management192,888
    4545 - Other building completion122,456
    9305 - Other service activities119,063
    62090 - Other information technology service activities117,095
    99999 - Dormant Company1018,918
    68209 - Other letting and operating of own or leased real estate83,790
    9999 - Dormant Company820,111
    43390 - Other building completion and finishing72,641
    5248 - Other retail specialised stores62,037
    7499 - Non-trading company610,955
    43220 - Plumbing, heat and air-conditioning installation62,223
    45200 - Maintenance and repair of motor vehicles62,257
    74909 - Other professional, scientific and technical activities not elsewhere classified67,835
    62020 - Information technology consultancy activities510,545
    7260 - Other computer related activities57,849

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07656112 AIRS AND GRACES LTD 02 Jun 2011
    07668006 BRIGHT FUTURE RECYCLING LTD 13 Jun 2011
    07670609 EDISON WORLDWIDE LTD 15 Jun 2011
    07673108 A&M PLANNING LTD 17 Jun 2011
    07656840 HAMILTONS RESIDENTIAL SALES (HEMEL HEMPSTEAD) LTD 03 Jun 2011
    07654034 SBS TEXTILE LIMITED 01 Jun 2011
    07653714 GIBBS & JONES DECORATING LIMITED 01 Jun 2011
    07657909 AC RESOURCE LTD 03 Jun 2011
    07657995 COLIN SMITH LIMITED 03 Jun 2011
    07659621 PALLIUN LTD 07 Jun 2011
    07660364 PICCOTTS END LIMITED 07 Jun 2011
    07661875 DORIE SIMMONDS AGENCY LIMITED 08 Jun 2011
    07667026 HAMPSTEAD CLOCK TOWER RTM COMPANY LTD 13 Jun 2011
    07667564 IPH LIMITED 13 Jun 2011
    07668313 TIMERANGE DEVELOPMENTS LTD 14 Jun 2011
    07669020 TWO AND TWENTY LIMITED 14 Jun 2011
    07669198 IAN WALLACE SERVICES LIMITED 14 Jun 2011
    07673630 SERVICE CONCIERGE UK LIMITED 17 Jun 2011
    07674158 MANTIS HEALTH LTD 20 Jun 2011
    07674353 EXCELBYDESIGN LIMITED 20 Jun 2011
    07679241 A.J. SEWELL LIMITED 22 Jun 2011
    07679269 ACCOUNTING HEAVEN LTD 22 Jun 2011
    07685133 THOMAS DAVID LIMITED 28 Jun 2011
    07685814 NANOO NANOO LIMITED 28 Jun 2011
    07686641 THE BOUTIQUE BOOK COMPANY LIMITED 29 Jun 2011