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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

  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 (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)HertfordUK
    2012110131,491
    2011107116,391
    % change2.8%13.0%
    Record Year 2003 (131) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2012354134
    New companies in 2011403631
    % change-12.5%13.9%9.7%
    Record Year2011 (40)2012 (41)2003 (61)

Closed Companies (dissolved)

  1. 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)HertfordUK
    20126167,576
    20118490,987
    % change-27.4%-25.7%
    Record Year 2011 (84) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012252115
    Closed companies in 2011272730
    % change-7.4%-22.2%-50%
    Record Year2011 (27)2011 (27)2009 (37)

Net Company Growth

  1. 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)HertfordUK
    20124963,915
    20112325,404
    Record Year 2003 (77) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012102019
    Net growth in 20111391
    Record Year2004 (19)2005 (23)2003 (45)

UK Company Share

  1. 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
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1963 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change-25.0%-2.5%2.6%
    Record Year1970 (0.4%)1974 (0.5%)1960 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.44%CONSULTING5.07%
    CONSULTING1.18%MANAGEMENT4.74%
    CONSULTANCY1.05%CONSULTANCY3.30%
    RTM0.92%PROPERTY2.37%
    ASSOCIATES0.79%TRADING2.07%
    TRANSPORT0.65%DESIGN1.93%
    INVESTMENTS0.65%ENGINEERING1.86%
    HERTFORD0.65%ASSOCIATES1.84%
    PROPERTY0.65%CONSULTANTS1.79%
    BUSINESS0.52%BUSINESS1.73%
    CARE0.52%MEDIA1.72%
    PALLETT0.52%CONSTRUCTION1.72%
    HAIR0.52%LONDON1.66%
    GREHAN0.52%J1.54%
    ELECTRICAL0.52%INVESTMENTS1.51%
    STREET0.52%GLOBAL1.50%
    PRODUCTIONS0.52%IT1.40%
    CENTRE0.52%CARE1.34%
    HERTFORDSHIRE0.52%PROPERTIES1.31%
    J0.52%ELECTRICAL1.27%
    M0.52%M1.27%
    CONSTRUCTION0.52%BUILDING1.24%
    R0.52%ENERGY1.20%
    DESIGN0.52%S1.20%
    CONSULTANTS0.39%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied143216,665
    7487 - Other business activities5552,735
    82990 - Other business support service activities not elsewhere classified3835,233
    99999 - Dormant Company2025,084
    70229 - Management consultancy activities other than financial management2019,704
    98000 - Residents property management173,050
    7414 - Business & management consultancy1712,113
    4545 - Other building completion112,196
    43390 - Other building completion and finishing113,228
    9305 - Other service activities108,818
    62090 - Other information technology service activities98,145
    96090 - Other service activities not elsewhere classified913,637
    68209 - Other letting and operating of own or leased real estate94,427
    9999 - Dormant Company818,617
    62020 - Information technology consultancy activities814,303
    41100 - Development of building projects84,984
    9800 - Residents Property Management71,397
    93199 - Other sports activities62,011
    45200 - Maintenance and repair of motor vehicles62,832
    4525 - Other special trades construction61,547

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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