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
New Company Registrations
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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) Hertford UK 2011 202 228,735 2010 187 203,749 % change 8.0% 12.3% Record Year 2003 (241) 2007 (279,097) New Companies by Half Year
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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) Hertford UK 2011 95 112,344 2010 88 98,612 % change 8.0% 13.9% Record Year 2003 (110) 2011 (112,344) New Companies by Quarter
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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
April May June New companies in 2011 24 32 39 New companies in 2010 33 24 31 % change -27.3% 33.3% 25.8% Record Year 2003 (40) 2007 (46) 2011 (39)
Closed Companies (dissolved)
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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) Hertford UK 2011 144 162,310 2010 158 177,631 % change -8.9% -8.6% Record Year 2009 (215) 2009 (289,236) Dissolved Companies by Half Year
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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) Hertford UK 2011 60 71,324 2010 81 94,954 % change -25.9% -24.9% Record Year 2009 (144) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 15 33 12 Closed companies in 2010 17 30 34 % change -11.8% 10.0% -65% Record Year 2009 (30) 2009 (70) 2009 (44)
Net Company Growth
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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) Hertford UK 2011 58 66,425 2010 29 26,118 Record Year 2003 (156) 2007 (171,296) Net Growth by Half Year
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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) Hertford UK 2011 35 41,020 2010 7 3,658 Record Year 2003 (79) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 9 -1 27 Net growth in 2010 16 -6 -3 Record Year 2003 (24) 2007 (30) 2008 (35)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1970 (0.2%) Company Share by Half Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1970 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -29.6% 5.0% 11.5% Record Year 1975 (0.5%) 1970 (0.3%) 1971 (0.3%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.71% CONSULTING 5.09% RTM 1.71% MANAGEMENT 4.86% HERTFORD 1.42% CONSULTANCY 3.17% CONSULTING 1.28% PROPERTY 2.43% PROPERTY 1.00% TRADING 2.05% CONSULTANCY 0.85% DESIGN 1.94% LONDON 0.85% ASSOCIATES 1.92% ASSOCIATES 0.85% BUSINESS 1.87% M 0.71% CONSTRUCTION 1.77% MEDIA 0.71% CONSULTANTS 1.76% CONSTRUCTION 0.71% MEDIA 1.73% BUILDING 0.71% ENGINEERING 1.67% PROJECTS 0.57% LONDON 1.60% RIGHTSHOT 0.57% GLOBAL 1.46% J 0.43% J 1.44% PALLETT 0.43% CARE 1.44% JONES 0.43% INVESTMENTS 1.42% C 0.43% IT 1.39% ROAD 0.43% BUILDING 1.32% CARE 0.43% PROPERTIES 1.31% SALES 0.43% ELECTRICAL 1.30% SALONS 0.43% M 1.27% HOUSE 0.43% S 1.23% CONTRACTORS 0.43% ENTERPRISES 1.20% ONE 0.43% SYSTEMS 1.20%
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 142 202,072 7487 - Other business activities 53 60,758 82990 - Other business support service activities not elsewhere classified 45 30,647 70229 - Management consultancy activities other than financial management 19 16,419 7414 - Business & management consultancy 19 13,053 98000 - Residents property management 19 2,888 4545 - Other building completion 12 2,456 9305 - Other service activities 11 9,063 62090 - Other information technology service activities 11 7,095 99999 - Dormant Company 10 18,918 68209 - Other letting and operating of own or leased real estate 8 3,790 9999 - Dormant Company 8 20,111 43390 - Other building completion and finishing 7 2,641 5248 - Other retail specialised stores 6 2,037 7499 - Non-trading company 6 10,955 43220 - Plumbing, heat and air-conditioning installation 6 2,223 45200 - Maintenance and repair of motor vehicles 6 2,257 74909 - Other professional, scientific and technical activities not elsewhere classified 6 7,835 62020 - Information technology consultancy activities 5 10,545 7260 - Other computer related activities 5 7,849
Recent Companies
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Randomly selected companies from this quarter
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