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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
    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