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Hertford, Hertfordshire

2012 Half Year Business Confidence Report

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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 212 companies were formed in Hertford. This figure is 5.0% higher than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Hertford occurred in 2003 when a total of 241 were formed.

    Half Year (Jan-Jun)HertfordUK
    2012212253,150
    2011202228,735
    % change5.0%10.7%
    Record Year2003 (241)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 102 companies were registered in Hertford during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 7.4% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)HertfordUK
    2012102121,659
    201195112,344
    % change7.4%8.3%
    Record Year 2003 (110) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    New Companies by Month
    AprilMayJune
    New companies in 2012313833
    New companies in 2011243239
    % change29.2%18.8%-15.4%
    Record Year2003 (40)2007 (46)2011 (39)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 125 companies were dissolved in Hertford. This figure is 13.2% lower than last year, which compares well to the UK wide change of -8.9%.

    The highest total for a first half year in Hertford occurred in 2009 when a total of 215 were closed.

    Half Year (Jan-Jun)HertfordUK
    2012125147,793
    2011144162,310
    % change-13.2%-8.9%
    Record Year2009 (215)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 64 companies were dissolved in Hertford during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 6.7% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)HertfordUK
    20126480,218
    20116071,324
    % change6.7%12.5%
    Record Year 2009 (144) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012152722
    Closed companies in 2011153312
    % change0.0%-18.2%83%
    Record Year2009 (30)2009 (70)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Hertford increased by 87 companies.

    Half Year (Jan-Jun)HertfordUK
    201287105,357
    20115866,425
    Record Year2003 (156)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Hertford during the second quarter of 2012 (Apr 2012 - Jun 2012) was 38 companies.

    second quarter (Apr 2012 - Jun 2012)HertfordUK
    20123841,441
    20113541,020
    Record Year 2003 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012161111
    Net growth in 20119-127
    Record Year2003 (24)2007 (30)2008 (35)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Hertford formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jan-Jun)Hertford
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Hertford formed 0.1% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Hertford
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1970 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change8.8%4.2%-9.7%
    Record Year1975 (0.5%)1970 (0.3%)1971 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 42.5.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 42.1.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Hertford was 1861 when 40.0% of all directors were female.

    25.6% of all director appointments in Hertford in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Hertford was in 1866 when 57.1% of all directors were female.

    33.3% of all director appointments in Hertford in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.31%CONSULTING5.07%
    CONSULTING1.18%MANAGEMENT4.74%
    DESIGN0.79%CONSULTANCY3.28%
    BUSINESS0.79%PROPERTY2.35%
    CONSULTANCY0.79%TRADING2.10%
    R0.79%DESIGN1.89%
    CONSTRUCTION0.66%ENGINEERING1.87%
    PROPERTY0.66%ASSOCIATES1.82%
    ASSOCIATES0.66%CONSULTANTS1.78%
    CENTRE0.66%CONSTRUCTION1.71%
    LONDON0.66%BUSINESS1.70%
    J0.66%MEDIA1.69%
    HERTS0.53%LONDON1.68%
    TRANSPORT0.53%J1.57%
    SECURITY0.53%GLOBAL1.51%
    INVESTMENTS0.53%INVESTMENTS1.48%
    CARE0.53%IT1.42%
    STREET0.53%CARE1.31%
    TRADING0.53%PROPERTIES1.31%
    M0.53%M1.26%
    JAMES0.53%ELECTRICAL1.23%
    CONSULTANTS0.53%BUILDING1.23%
    40.39%SECURITY1.19%
    HERTFORD0.39%S1.18%
    CAKE0.39%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied168244,457
    7487 - Other business activities5047,029
    82990 - Other business support service activities not elsewhere classified3735,447
    70229 - Management consultancy activities other than financial management2220,390
    99999 - Dormant Company2026,088
    98000 - Residents property management183,001
    7414 - Business & management consultancy1410,978
    41100 - Development of building projects115,149
    4545 - Other building completion101,943
    96090 - Other service activities not elsewhere classified1014,220
    9305 - Other service activities107,926
    43390 - Other building completion and finishing93,241
    62020 - Information technology consultancy activities815,280
    74909 - Other professional, scientific and technical activities not elsewhere classified710,271
    62090 - Other information technology service activities78,258
    9999 - Dormant Company716,469
    9800 - Residents Property Management61,321
    4525 - Other special trades construction61,411
    45200 - Maintenance and repair of motor vehicles62,880
    43999 - Other specialised construction activities not elsewhere classified64,091

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08029945 SC COURIERS LTD 13 Apr 2012
    08036907 QUINTESSENCE SERVICE COMPANY LTD 19 Apr 2012
    08039807 ELLIE JAMES LIMITED 20 Apr 2012
    08040277 HR SECURITY SYSTEMS LTD 21 Apr 2012
    08042953 PURDY HOME IMPROVEMENTS LTD 24 Apr 2012
    08044108 VTESSE HARLOW LIMITED 24 Apr 2012
    08044927 ASPIRE & ACHIEVE (UK) LTD 25 Apr 2012
    08049793 KGMMEDIA SERVICES LIMITED 30 Apr 2012
    08049798 GLOWING GOLDFISH LIMITED 30 Apr 2012
    08049812 WALLFIELD LIMITED 30 Apr 2012
    08014524 BARBARA MARTIN STUDIOS LTD 02 Apr 2012
    08014826 C M CHIROPRACTIC LTD 02 Apr 2012
    08016376 R J BRIMBLE LIMITED 02 Apr 2012
    08017979 ADVANCE E-LEARNING LTD 03 Apr 2012
    08021086 MARK SECURITY SERVICES LTD 05 Apr 2012
    08024486 PRETTY GORGEOUS CAKE COMPANY LIMITED 10 Apr 2012
    08024547 PRETTY BIG CAKE COMPANY LIMITED 10 Apr 2012
    08024580 THE GRAND CAKE COMPANY LIMITED 10 Apr 2012
    08025049 ABBRA SOLUTIONS LIMITED 11 Apr 2012
    08026118 SCOTT 1955 LIMITED 11 Apr 2012
    08029525 AYLESBURY CAR CENTRE LIMITED 13 Apr 2012
    08039492 PSYCHOLOGICAL INTELLIGENCE FOUNDATION C.I.C. 20 Apr 2012
    08046761 MG & MG WALKER LTD 26 Apr 2012
    08048413 SKY ROOFING (HERTFORD) LTD 27 Apr 2012
    08048871 JIM BOBS COMICS LTD 27 Apr 2012