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
New Company Registrations
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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) Hertford UK 2011 110 114,512 2010 87 101,492 % change 26.4% 12.8% Record Year 2011 (110) 2011 (114,512) New Companies by Quarter
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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
July August September New companies in 2011 32 48 30 New companies in 2010 35 28 24 % change -8.6% 71.4% 25.0% Record Year 2003 (40) 2011 (48) 2011 (30)
Closed Companies (dissolved)
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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) Hertford UK 2011 73 72,230 2010 81 87,705 % change -9.9% -17.6% Record Year 2009 (96) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 27 22 24 Closed companies in 2010 24 40 17 % change 12.5% -45.0% 41% Record Year 2009 (31) 2008 (57) 2009 (47)
Net Company Growth
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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) Hertford UK 2011 37 42,282 2010 6 13,787 Record Year 2003 (49) 2003 (60,597) Net Growth by Quarter
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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
July August September Net growth in 2011 5 26 6 Net growth in 2010 11 -12 7 Record Year 2008 (21) 2011 (26) 2002 (21)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -16.3% 44.3% 12.9% Record Year 1969 (0.4%) 1985 (0.3%) 1968 (0.5%)
Director Age
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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
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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
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.77% CONSULTING 5.11% RTM 1.36% MANAGEMENT 4.75% HERTFORD 1.23% CONSULTANCY 3.19% CONSTRUCTION 0.95% PROPERTY 2.41% CONSULTING 0.95% TRADING 2.06% PROPERTY 0.95% DESIGN 1.94% J 0.82% ASSOCIATES 1.85% CONSULTANCY 0.82% BUSINESS 1.82% LONDON 0.82% CONSULTANTS 1.76% CARE 0.68% ENGINEERING 1.74% MEDIA 0.68% MEDIA 1.72% PALLETT 0.55% CONSTRUCTION 1.72% TRADING 0.55% LONDON 1.63% HOUSE 0.55% J 1.47% RIGHTSHOT 0.55% GLOBAL 1.46% W 0.55% INVESTMENTS 1.43% ASSOCIATES 0.55% CARE 1.42% ELECTRICAL 0.41% IT 1.38% SALONS 0.41% BUILDING 1.30% A. 0.41% PROPERTIES 1.28% JONES 0.41% ELECTRICAL 1.27% SALES 0.41% M 1.25% GROUP 0.41% ENERGY 1.22% BUILDERS 0.41% TRAINING 1.21% BUILDING 0.41% S 1.21%
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 132 204,493 7487 - Other business activities 65 65,177 82990 - Other business support service activities not elsewhere classified 41 29,245 7414 - Business & management consultancy 20 14,755 98000 - Residents property management 19 2,664 70229 - Management consultancy activities other than financial management 16 15,760 4545 - Other building completion 12 2,731 9305 - Other service activities 11 10,525 62090 - Other information technology service activities 10 6,798 99999 - Dormant Company 10 18,281 9999 - Dormant Company 8 22,587 9800 - Residents Property Management 7 1,676 68209 - Other letting and operating of own or leased real estate 7 3,614 45200 - Maintenance and repair of motor vehicles 6 2,179 7499 - Non-trading company 6 11,543 43220 - Plumbing, heat and air-conditioning installation 6 2,134 4525 - Other special trades construction 6 1,865 68310 - Real estate agencies 6 1,824 7260 - Other computer related activities 6 8,686 74909 - Other professional, scientific and technical activities not elsewhere classified 6 7,551
Recent Companies
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Randomly selected companies from this quarter
reports
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