Hertford, Hertfordshire
2012 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Hertford UK 2012 212 253,150 2011 202 228,735 % change 5.0% 10.7% Record Year 2003 (241) 2007 (279,097) New Companies by Half Year
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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) Hertford UK 2012 102 121,659 2011 95 112,344 % change 7.4% 8.3% Record Year 2003 (110) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
New Companies by Month
April May June New companies in 2012 31 38 33 New companies in 2011 24 32 39 % change 29.2% 18.8% -15.4% Record Year 2003 (40) 2007 (46) 2011 (39)
Closed Companies (dissolved)
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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) Hertford UK 2012 125 147,793 2011 144 162,310 % change -13.2% -8.9% Record Year 2009 (215) 2009 (289,236) Dissolved Companies by Half Year
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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) Hertford UK 2012 64 80,218 2011 60 71,324 % change 6.7% 12.5% Record Year 2009 (144) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 15 27 22 Closed companies in 2011 15 33 12 % change 0.0% -18.2% 83% Record Year 2009 (30) 2009 (70) 2009 (44)
Net Company Growth
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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) Hertford UK 2012 87 105,357 2011 58 66,425 Record Year 2003 (156) 2007 (171,296) Net Growth by Half Year
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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) Hertford UK 2012 38 41,441 2011 35 41,020 Record Year 2003 (79) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 16 11 11 Net growth in 2011 9 -1 27 Record Year 2003 (24) 2007 (30) 2008 (35)
UK Company Share
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1970 (0.2%) Company Share by Half Year
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1970 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change 8.8% 4.2% -9.7% Record Year 1975 (0.5%) 1970 (0.3%) 1971 (0.3%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.31% CONSULTING 5.07% CONSULTING 1.18% MANAGEMENT 4.74% DESIGN 0.79% CONSULTANCY 3.28% BUSINESS 0.79% PROPERTY 2.35% CONSULTANCY 0.79% TRADING 2.10% R 0.79% DESIGN 1.89% CONSTRUCTION 0.66% ENGINEERING 1.87% PROPERTY 0.66% ASSOCIATES 1.82% ASSOCIATES 0.66% CONSULTANTS 1.78% CENTRE 0.66% CONSTRUCTION 1.71% LONDON 0.66% BUSINESS 1.70% J 0.66% MEDIA 1.69% HERTS 0.53% LONDON 1.68% TRANSPORT 0.53% J 1.57% SECURITY 0.53% GLOBAL 1.51% INVESTMENTS 0.53% INVESTMENTS 1.48% CARE 0.53% IT 1.42% STREET 0.53% CARE 1.31% TRADING 0.53% PROPERTIES 1.31% M 0.53% M 1.26% JAMES 0.53% ELECTRICAL 1.23% CONSULTANTS 0.53% BUILDING 1.23% 4 0.39% SECURITY 1.19% HERTFORD 0.39% S 1.18% CAKE 0.39% ENTERPRISES 1.17%
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 168 244,457 7487 - Other business activities 50 47,029 82990 - Other business support service activities not elsewhere classified 37 35,447 70229 - Management consultancy activities other than financial management 22 20,390 99999 - Dormant Company 20 26,088 98000 - Residents property management 18 3,001 7414 - Business & management consultancy 14 10,978 41100 - Development of building projects 11 5,149 4545 - Other building completion 10 1,943 96090 - Other service activities not elsewhere classified 10 14,220 9305 - Other service activities 10 7,926 43390 - Other building completion and finishing 9 3,241 62020 - Information technology consultancy activities 8 15,280 74909 - Other professional, scientific and technical activities not elsewhere classified 7 10,271 62090 - Other information technology service activities 7 8,258 9999 - Dormant Company 7 16,469 9800 - Residents Property Management 6 1,321 4525 - Other special trades construction 6 1,411 45200 - Maintenance and repair of motor vehicles 6 2,880 43999 - Other specialised construction activities not elsewhere classified 6 4,091
Recent Companies
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Randomly selected companies from this quarter
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