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Hertford, Hertfordshire

Q3 2011 Business Confidence Report

Headlines

  • Q3 2011 saw a new record in company registrations in Hertford when compared to any previous Q3.
  • September 2011 saw a new record in company registrations in Hertford when compared to any previous September.
  • August 2011 saw a new record in company registrations in Hertford when compared to any previous August.
  • August 2011 saw a new record in net growth in Hertford when compared to any previous August.

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 (Q3 Jul-Sep 2011)

    Q3 2011 saw a new record in company registrations in Hertford when compared to any previous Q3.

    A total of 110 companies were registered in Hertford during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 26.4% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)HertfordUK
    2011110114,512
    201087101,492
    % change26.4%12.8%
    Record Year 2011 (110) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2011324830
    New companies in 2010352824
    % change-8.6%71.4%25.0%
    Record Year2003 (40)2011 (48)2011 (30)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 73 companies were dissolved in Hertford during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 9.9% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)HertfordUK
    20117372,230
    20108187,705
    % change-9.9%-17.6%
    Record Year 2009 (96) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011272224
    Closed companies in 2010244017
    % change12.5%-45.0%41%
    Record Year2009 (31)2008 (57)2009 (47)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Net company growth for Hertford during the third quarter of 2011 (Jul 2011 - Sep 2011) was 37 companies.

    third quarter (Jul 2011 - Sep 2011)HertfordUK
    20113742,282
    2010613,787
    Record Year 2003 (49) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    August 2011 saw a new record in net growth in Hertford when compared to any previous August.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20115266
    Net growth in 201011-127
    Record Year2008 (21)2011 (26)2002 (21)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

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

    third quarter (Jul 2011 - Sep 2011)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-16.3%44.3%12.9%
    Record Year1969 (0.4%)1985 (0.3%)1968 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 44.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The record third quarter for female directors in Hertford was in 1862 when 50.0% of all directors were female.

    29.1% of all director appointments in Hertford in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.77%CONSULTING5.11%
    RTM1.36%MANAGEMENT4.75%
    HERTFORD1.23%CONSULTANCY3.19%
    CONSTRUCTION0.95%PROPERTY2.41%
    CONSULTING0.95%TRADING2.06%
    PROPERTY0.95%DESIGN1.94%
    J0.82%ASSOCIATES1.85%
    CONSULTANCY0.82%BUSINESS1.82%
    LONDON0.82%CONSULTANTS1.76%
    CARE0.68%ENGINEERING1.74%
    MEDIA0.68%MEDIA1.72%
    PALLETT0.55%CONSTRUCTION1.72%
    TRADING0.55%LONDON1.63%
    HOUSE0.55%J1.47%
    RIGHTSHOT0.55%GLOBAL1.46%
    W0.55%INVESTMENTS1.43%
    ASSOCIATES0.55%CARE1.42%
    ELECTRICAL0.41%IT1.38%
    SALONS0.41%BUILDING1.30%
    A.0.41%PROPERTIES1.28%
    JONES0.41%ELECTRICAL1.27%
    SALES0.41%M1.25%
    GROUP0.41%ENERGY1.22%
    BUILDERS0.41%TRAINING1.21%
    BUILDING0.41%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied132204,493
    7487 - Other business activities6565,177
    82990 - Other business support service activities not elsewhere classified4129,245
    7414 - Business & management consultancy2014,755
    98000 - Residents property management192,664
    70229 - Management consultancy activities other than financial management1615,760
    4545 - Other building completion122,731
    9305 - Other service activities1110,525
    62090 - Other information technology service activities106,798
    99999 - Dormant Company1018,281
    9999 - Dormant Company822,587
    9800 - Residents Property Management71,676
    68209 - Other letting and operating of own or leased real estate73,614
    45200 - Maintenance and repair of motor vehicles62,179
    7499 - Non-trading company611,543
    43220 - Plumbing, heat and air-conditioning installation62,134
    4525 - Other special trades construction61,865
    68310 - Real estate agencies61,824
    7260 - Other computer related activities68,686
    74909 - Other professional, scientific and technical activities not elsewhere classified67,551

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07777139 CAMDEN HUB LTD 16 Sep 2011
    07779576 CARPSURE LIMITED 20 Sep 2011
    07780169 C4GOLF SHOP LIMITED 20 Sep 2011
    07791802 B.C.D RIGGING LTD 29 Sep 2011
    07793276 FINTECH LTD 30 Sep 2011
    07758510 ICOR LTD 01 Sep 2011
    07761549 SJR SUPPLY CHAIN SOLUTIONS LTD 05 Sep 2011
    07762710 VELOGEAR LIMITED 05 Sep 2011
    07764398 COOPER INTERNATIONAL TRANSPORT LIMITED 06 Sep 2011
    07767430 LOAD ANGEL LIMITED 08 Sep 2011
    07768502 HAIR RAIZIN EXPERIENCE LIMITED 09 Sep 2011
    07768948 BRAMFIELD STORES LTD 09 Sep 2011
    07769692 BENTFIELD VEHICLE SOLUTIONS LIMITED 12 Sep 2011
    07762892 KAMARA JEWELLERY LIMITED 05 Sep 2011
    07766598 VISION OFFICE TECHNICAL SERVICES LIMITED 08 Sep 2011
    07771193 SPINNOVATE TV LTD 13 Sep 2011
    07773375 GRAPHICS AND PRINT LTD 14 Sep 2011
    07775710 DAVENPORT PLACE RTM COMPANY LIMITED 15 Sep 2011
    07779644 HOTELS AND BARS OPERATIONS LIMITED 20 Sep 2011
    07781132 OCEAA MARKETING LTD 21 Sep 2011
    07781997 ALPHABET SOUP LIMITED 21 Sep 2011
    07782823 BLACKTHORNE INVESTMENTS LIMITED 22 Sep 2011
    07782903 CRITERION HOMES LIMITED 22 Sep 2011
    07786676 EY EDUCATION SERVICES LIMITED 26 Sep 2011
    07792662 A. WILKINSON ELECTRICAL LIMITED 30 Sep 2011