Hertford, Hertfordshire
Q1 2012 Business Confidence Report
Headlines
- February 2012 saw a new record in company registrations in Hertford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 110 companies were registered in Hertford during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 2.8% versus the same period last year (Q1 2011). This figure compares badly to the UK as a whole, which saw an increase of 13.0% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Hertford UK 2012 110 131,491 2011 107 116,391 % change 2.8% 13.0% Record Year 2003 (131) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
February 2012 saw a new record in company registrations in Hertford when compared to any previous February.
New Companies by Month
January February March New companies in 2012 35 41 34 New companies in 2011 40 36 31 % change -12.5% 13.9% 9.7% Record Year 2011 (40) 2012 (41) 2003 (61)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 61 companies were dissolved in Hertford during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is a decrease of 27.4% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Hertford UK 2012 61 67,576 2011 84 90,987 % change -27.4% -25.7% Record Year 2011 (84) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 25 21 15 Closed companies in 2011 27 27 30 % change -7.4% -22.2% -50% Record Year 2011 (27) 2011 (27) 2009 (37)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2012)
Net company growth for Hertford during the first quarter of 2012 (Jan 2012 - Mar 2012) was 49 companies.
first quarter (Jan 2012 - Mar 2012) Hertford UK 2012 49 63,915 2011 23 25,404 Record Year 2003 (77) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 10 20 19 Net growth in 2011 13 9 1 Record Year 2004 (19) 2005 (23) 2003 (45)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2012)
In the first quarter of 2012, Hertford formed 0.1% of all UK companies.
first quarter (Jan 2012 - Mar 2012) Hertford 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1963 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -25.0% -2.5% 2.6% Record Year 1970 (0.4%) 1974 (0.5%) 1960 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2012)
The average age of a director in the first quarter of 2012 was 43.0.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2012)
The record first quarter for female directors in Hertford was in 1861 when 40.0% of all directors were female.
26.8% of all director appointments in Hertford in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.44% CONSULTING 5.07% CONSULTING 1.18% MANAGEMENT 4.74% CONSULTANCY 1.05% CONSULTANCY 3.30% RTM 0.92% PROPERTY 2.37% ASSOCIATES 0.79% TRADING 2.07% TRANSPORT 0.65% DESIGN 1.93% INVESTMENTS 0.65% ENGINEERING 1.86% HERTFORD 0.65% ASSOCIATES 1.84% PROPERTY 0.65% CONSULTANTS 1.79% BUSINESS 0.52% BUSINESS 1.73% CARE 0.52% MEDIA 1.72% PALLETT 0.52% CONSTRUCTION 1.72% HAIR 0.52% LONDON 1.66% GREHAN 0.52% J 1.54% ELECTRICAL 0.52% INVESTMENTS 1.51% STREET 0.52% GLOBAL 1.50% PRODUCTIONS 0.52% IT 1.40% CENTRE 0.52% CARE 1.34% HERTFORDSHIRE 0.52% PROPERTIES 1.31% J 0.52% ELECTRICAL 1.27% M 0.52% M 1.27% CONSTRUCTION 0.52% BUILDING 1.24% R 0.52% ENERGY 1.20% DESIGN 0.52% S 1.20% CONSULTANTS 0.39% ENTERPRISES 1.19%
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 143 216,665 7487 - Other business activities 55 52,735 82990 - Other business support service activities not elsewhere classified 38 35,233 99999 - Dormant Company 20 25,084 70229 - Management consultancy activities other than financial management 20 19,704 98000 - Residents property management 17 3,050 7414 - Business & management consultancy 17 12,113 4545 - Other building completion 11 2,196 43390 - Other building completion and finishing 11 3,228 9305 - Other service activities 10 8,818 62090 - Other information technology service activities 9 8,145 96090 - Other service activities not elsewhere classified 9 13,637 68209 - Other letting and operating of own or leased real estate 9 4,427 9999 - Dormant Company 8 18,617 62020 - Information technology consultancy activities 8 14,303 41100 - Development of building projects 8 4,984 9800 - Residents Property Management 7 1,397 93199 - Other sports activities 6 2,011 45200 - Maintenance and repair of motor vehicles 6 2,832 4525 - Other special trades construction 6 1,547
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07977275 ALLTECH COUNTUNG SYSTEMS LIMITED 06 Mar 2012 07983542 DANIEL 2010 LTD 09 Mar 2012 07987995 CANTON FINANCIAL SERVICES LTD 13 Mar 2012 07989640 REIMELT UK LIMITED 14 Mar 2012 08003256 HAWKSURE LTD 23 Mar 2012 08005935 LEITH AND ANDREWS LTD 26 Mar 2012 08012184 BRIMSTONE CONSULTING LTD 29 Mar 2012 08014228 GLITTER MONSTER CRAFTS LTD 30 Mar 2012 07976117 HERTFORDSHIRE HEATING SERVICES LIMITED 05 Mar 2012 07976744 RYAN FAYED ASSOCIATES LIMITED 05 Mar 2012 07977350 MANOR LAW LTD 06 Mar 2012 07977531 JANE ABBOTT DESIGN LTD 06 Mar 2012 07986460 D G C RAIL LIMITED 12 Mar 2012 07996393 MILLBURN INVESTMENTS LIMITED 19 Mar 2012 07997653 NIGHTINGALE HR LTD 20 Mar 2012 07998027 PETER GODFREY CONSULTANCY LIMITED 20 Mar 2012 08001365 STEVE BATES PHOTOGRAPHY LTD 22 Mar 2012 08007319 HIGHWING COMMUNICATIONS LIMITED 27 Mar 2012 08008030 BEAUJEWELS LIMITED 27 Mar 2012 08011958 THE LOWER AGENCY LTD 29 Mar 2012 08013297 AL MODA LIMITED 30 Mar 2012 08013403 MULTIMEDIAHLDGS LIMITED 30 Mar 2012 08013479 NATURAL FLAIR COACHING LIMITED 30 Mar 2012 OC373278 BALANCE PARTNERSHIP LLP 13 Mar 2012 08010666 DREAM PROJECTS LIMITED 28 Mar 2012
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