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 07896444 CREATIVE RENTALS LTD 04 Jan 2012 07900523 MOTECH IRELAND LTD 06 Jan 2012 07901927 THE FITNESS MOOVEMENT LIMITED 09 Jan 2012 07904505 VELTECH LIMITED 10 Jan 2012 07904597 OAKLODGE LIMITED 10 Jan 2012 07904603 COREWOOD LIMITED 10 Jan 2012 07904608 ARCMORE LIMITED 10 Jan 2012 07919350 APPLEJAM LTD. 23 Jan 2012 07919963 R&D CREATIVE DESIGN LTD 23 Jan 2012 07923957 MARTIN RING PUBLIC RELATIONS LIMITED 25 Jan 2012 07926958 D. SCOWEN LTD 27 Jan 2012 07930562 KITS 4 SCHOOLS LIMITED 31 Jan 2012 07900236 PINS AND FEATHERS PRODUCTIONS CIC 06 Jan 2012 07901397 RICKY FLYNN MOTOR SPORT LIMITED 09 Jan 2012 07904178 AM REGULATORY LIMITED 10 Jan 2012 07905071 CHRIS FOSTER LIMITED 11 Jan 2012 07913732 SADLERS & SONS LIMITED 17 Jan 2012 07914145 THE STRAND CAFE & RESTAURANT LIMITED 18 Jan 2012 07917064 OAKHEATH BUILDERS LIMITED 19 Jan 2012 07917682 KISS SAFETY LIMITED 20 Jan 2012 07922142 JAMES WILTON LTD 24 Jan 2012 07923013 PETER KNIGHT CONSULTING GROUP LTD 25 Jan 2012 07923635 47 NORFOLK CRESCENT RTM COMPANY LIMITED 25 Jan 2012 07926556 ARTISAN EVANS LIMITED 27 Jan 2012 07928594 VOGUE MINT LTD 30 Jan 2012
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