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Hertford, Hertfordshire

2011 Annual Business Confidence Report

Headlines

  • The second half of 2011 saw a new record in company registrations in Hertford when compared to any previous second half year.
  • October 2011 saw a new record in company registrations in Hertford when compared to any previous October.
  • December 2011 saw a new record in company closures in Hertford when compared to any previous December.
  • November 2011 saw a new record in company closures in Hertford when compared to any previous November.

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. Annual Data (2011)

    A total of 413 companies were formed in Hertford in 2011. This total is 11.9% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearHertfordUK
    2011413452,870
    2010369400,358
    2009333362,675
    2008321349,203
    2007376457,649
    Record Year2003 (440)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company registrations in Hertford when compared to any previous second half year.

    In the second half of 2011 a total of 211 companies were formed in Hertford. This figure is 15.9% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Hertford occurred in 2011 when a total of 211 were formed.

    Half Year (Jul-Dec)HertfordUK
    2011211224,135
    2010182196,609
    % change15.9%14.0%
    Record Year2011 (211)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 101 companies were registered in Hertford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 6.3% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HertfordUK
    2011101109,623
    20109595,117
    % change6.3%15.3%
    Record Year 2003 (107) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011423920
    New companies in 2010413123
    % change2.4%25.8%-13.0%
    Record Year2011 (42)2003 (39)2009 (42)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 290 companies were dissolved in Hertford in 2011. This total is 3.3% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearHertfordUK
    2011290314,523
    2010300342,232
    2009384533,773
    2008205237,901
    2007195220,295
    Record Year2009 (384)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 146 companies were dissolved in Hertford. This figure is 2.8% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Hertford occurred in 2009 when a total of 169 were closed.

    Half Year (Jul-Dec)HertfordUK
    2011146152,213
    2010142164,601
    % change2.8%-7.5%
    Record Year2009 (169)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 73 companies were dissolved in Hertford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 19.7% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HertfordUK
    20117379,983
    20106176,896
    % change19.7%4.0%
    Record Year 2011 (73) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Hertford when compared to any previous December.

    November 2011 saw a new record in company closures in Hertford when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011173026
    Closed companies in 2010202516
    % change-15.0%20.0%63%
    Record Year2009 (27)2011 (30)2011 (26)

Net Company Growth

  1. Annual Data (2011)

    A total of 123 companies were added to the company register for Hertford in 2011. This number represents growth of 33.3% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 54 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Hertford company register grew by 278 companies.

    YearHertfordUK
    2011123138,347
    20106958,126
    2009-51-171,098
    2008116111,302
    2007181237,354
    Record Year2003 (278)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Hertford increased by 65 companies.

    Half Year (Jul-Dec)HertfordUK
    20116571,922
    20104032,008
    Record Year2003 (122)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Hertford during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 28 companies.

    fourth quarter (Oct 2011 - Dec 2011)HertfordUK
    20112829,640
    20103418,221
    Record Year 2003 (73) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011259-6
    Net growth in 20102167
    Record Year2003 (26)2003 (28)2003 (19)

UK Company Share

  1. Annual Data (2011)

    In 2011 Hertford formed 0.1% of all UK companies. This is no change on 2010 when Hertford was responsible for 0.1% of all UK companies.

    YearHertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1970 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1981 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Hertford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-11.0%7.1%-22.9%
    Record Year1965 (0.6%)1970 (0.5%)1967 (0.3%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 45.0.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 45.1.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.1%.

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

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 46.3.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Hertford was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Hertford in 2011 was 28.9%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Hertford was 1860 when 42.9% of all directors were female.

    27.9% of all director appointments in Hertford in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Hertford was in 1977 when 31.1% of all directors were female.

    26.6% of all director appointments in Hertford in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.61%CONSULTING5.07%
    HERTFORD1.34%MANAGEMENT4.74%
    RTM1.07%CONSULTANCY3.26%
    CONSULTING1.07%PROPERTY2.37%
    LONDON0.94%TRADING2.07%
    ASSOCIATES0.81%DESIGN1.92%
    CONSTRUCTION0.67%ASSOCIATES1.86%
    CONSULTANCY0.67%ENGINEERING1.78%
    PROPERTY0.67%BUSINESS1.78%
    ELECTRICAL0.67%CONSULTANTS1.76%
    J0.67%CONSTRUCTION1.73%
    TRANSPORT0.54%MEDIA1.71%
    HAIR0.54%LONDON1.63%
    L0.54%J1.51%
    M0.54%INVESTMENTS1.48%
    GREHAN0.54%GLOBAL1.46%
    INVESTMENTS0.54%IT1.41%
    R0.54%CARE1.39%
    PALLETT0.54%PROPERTIES1.29%
    HOUSE0.54%ELECTRICAL1.29%
    MOBILE0.40%M1.27%
    SPORTS0.40%BUILDING1.26%
    PROJECT0.40%ENERGY1.25%
    CO0.40%S1.20%
    CARE0.40%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied142205,525
    7487 - Other business activities5857,052
    82990 - Other business support service activities not elsewhere classified3832,483
    70229 - Management consultancy activities other than financial management2017,765
    98000 - Residents property management192,874
    7414 - Business & management consultancy1713,034
    4545 - Other building completion112,369
    99999 - Dormant Company1121,846
    9305 - Other service activities109,492
    68209 - Other letting and operating of own or leased real estate94,082
    74909 - Other professional, scientific and technical activities not elsewhere classified98,671
    43390 - Other building completion and finishing92,832
    9999 - Dormant Company820,199
    9800 - Residents Property Management71,451
    41100 - Development of building projects74,331
    62090 - Other information technology service activities77,493
    68310 - Real estate agencies62,037
    62020 - Information technology consultancy activities612,072
    64999 - Financial intermediation not elsewhere classified62,946
    4525 - Other special trades construction61,651

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07832879 ILLUSION KIDDERMINSTER LTD 02 Nov 2011
    07834516 THE WELL-TENDED GARDEN COMPANY LTD 03 Nov 2011
    07838988 LEABOURNE FINANCIAL ADVICE LTD 08 Nov 2011
    07839194 GARDEN CITY SOLICITORS LIMITED 08 Nov 2011
    07839234 HERTFORDSHIRE CITIZENS ADVICE SERVICE 08 Nov 2011
    07843246 PATHWAYS PLUS LTD 11 Nov 2011
    07851835 GREG MANN PLUMBING LTD 17 Nov 2011
    07853332 LED LIGHT SHACK LIMITED 18 Nov 2011
    07853526 THE STAG (ENFIELD) LTD 18 Nov 2011
    07857968 JC AUTOMOTIVE LTD 23 Nov 2011
    07861023 YOUR CLICK-AWAY PA LIMITED 25 Nov 2011
    07863761 SEB-TECH.NET LTD. 29 Nov 2011
    07831403 THE COMPLETE WINDOW & CONSERVATORY COMPANY LTD 01 Nov 2011
    07831978 MCDELIVERY LIMITED 02 Nov 2011
    07833088 CAPITOL CLEANING SUPPLIES LIMITED 02 Nov 2011
    07834577 THE REIKI ROOMS LIMITED 03 Nov 2011
    07836756 FRESH ID LIMITED 07 Nov 2011
    07839354 SJP SAP CONSULTING LIMITED 08 Nov 2011
    07841013 M R LAWTON LIMITED 09 Nov 2011
    07847251 HERTFORDSHIRE RECOVERY SERVICE LIMITED 14 Nov 2011
    07850854 MONTO ENTERTAINMENT LIMITED 17 Nov 2011
    07855157 TIKKA COTTAGE LTD 21 Nov 2011
    07859578 DRIVERS DIRECT EUROPE LTD 24 Nov 2011
    07861993 L & R HAIR LIMITED 28 Nov 2011
    07863329 CORNERMAN LIMITED 28 Nov 2011