Hertford, Hertfordshire

Q3 2012 Business Confidence Report

Headlines

  • September 2012 saw a new record in company registrations in Hertford when compared to any previous September.
  • July 2012 saw a new record in company registrations in Hertford when compared to any previous July.

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 (Q3 Jul-Sep 2012)

    A total of 105 companies were registered in Hertford during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 4.5% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HertfordUK
    2012105118,868
    2011110114,512
    % change-4.5%3.8%
    Record Year 2011 (110) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    September 2012 saw a new record in company registrations in Hertford when compared to any previous September.

    July 2012 saw a new record in company registrations in Hertford when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012423033
    New companies in 2011324830
    % change31.3%-37.5%10.0%
    Record Year2012 (42)2011 (48)2012 (33)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 73 companies were dissolved in Hertford during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 0.0% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HertfordUK
    20127374,772
    20117372,230
    % change0.0%3.5%
    Record Year 2009 (96) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012243415
    Closed companies in 2011272224
    % change-11.1%54.5%-38%
    Record Year2009 (31)2008 (57)2009 (47)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Hertford during the third quarter of 2012 (Jul 2012 - Sep 2012) was 32 companies.

    third quarter (Jul 2012 - Sep 2012)HertfordUK
    20123244,096
    20113742,282
    Record Year 2003 (49) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201218-418
    Net growth in 20115266
    Record Year2008 (21)2011 (26)2004 (21)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Hertford
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change17.7%-37.0%8.8%
    Record Year1969 (0.4%)1985 (0.3%)1968 (0.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 45.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Hertford was in 1862 when 50.0% of all directors were female.

    22.6% of all director appointments in Hertford in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.62%CONSULTING5.05%
    MANAGEMENT1.08%MANAGEMENT4.75%
    PROPERTY0.94%CONSULTANCY3.28%
    CONSULTANTS0.94%PROPERTY2.35%
    CONSULTANCY0.81%TRADING2.08%
    DESIGN0.81%DESIGN1.87%
    LONDON0.81%ASSOCIATES1.84%
    BUSINESS0.81%ENGINEERING1.83%
    ASSOCIATES0.67%CONSULTANTS1.76%
    R0.67%BUSINESS1.72%
    CONSTRUCTION0.67%CONSTRUCTION1.70%
    ELECTRICAL0.67%MEDIA1.67%
    JAMES0.54%LONDON1.67%
    M0.54%J1.55%
    CARE0.54%GLOBAL1.53%
    FINANCIAL0.54%INVESTMENTS1.46%
    EUROPE0.54%IT1.43%
    CENTRE0.54%PROPERTIES1.34%
    INVESTMENTS0.54%CARE1.32%
    HOLDINGS0.40%M1.27%
    40.40%BUILDING1.22%
    HERTFORDSHIRE0.40%ENTERPRISES1.20%
    CONTRACTS0.40%ELECTRICAL1.20%
    L0.40%S1.17%
    CAKE0.40%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied267331,455
    7487 - Other business activities4235,545
    82990 - Other business support service activities not elsewhere classified3633,677
    70229 - Management consultancy activities other than financial management2119,425
    99999 - Dormant Company2025,035
    98000 - Residents property management162,786
    7414 - Business & management consultancy128,437
    96090 - Other service activities not elsewhere classified1013,716
    41100 - Development of building projects104,965
    43390 - Other building completion and finishing93,093
    62020 - Information technology consultancy activities814,774
    4545 - Other building completion71,544
    9305 - Other service activities66,142
    43999 - Other specialised construction activities not elsewhere classified63,943
    62090 - Other information technology service activities67,869
    74909 - Other professional, scientific and technical activities not elsewhere classified69,891
    4525 - Other special trades construction61,060
    68100 - Buying and selling of own real estate63,003
    45200 - Maintenance and repair of motor vehicles62,757
    96020 - Hairdressing and other beauty treatment52,891

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08134941 ONETIE LTD 09 Jul 2012
    08136395 CORR1 LIMITED 10 Jul 2012
    08140469 FUTURE MOBILE WEB LIMITED 12 Jul 2012
    08142538 COLVA LTD 13 Jul 2012
    08147921 CHM SOLUTIONS LTD 18 Jul 2012
    08152022 JAN GOODEVE LIMITED 20 Jul 2012
    08157276 PAINT RIGHT (S.EAST) LIMITED 26 Jul 2012
    08163192 TAXU EXPENSE VERIFICATION LIMITED 31 Jul 2012
    08130740 CELDA LIMITED 05 Jul 2012
    08136729 CLEANTECH AND RENEWABLES LTD. 10 Jul 2012
    08137999 INDEX CAPITAL LIMITED 11 Jul 2012
    08139145 W.R. HARRISON BRICKWORK LTD 11 Jul 2012
    08144498 LUCY JAQUES TRAINING LIMITED 16 Jul 2012
    08144507 RM LONG LIMITED 16 Jul 2012
    08144849 ARTHAUS GALLERIES LTD 16 Jul 2012
    08146738 TOCSHOP LIMITED 17 Jul 2012
    08151267 INCITE EUROPE LIMITED 20 Jul 2012
    08152333 BETTERWAY VENTURES LIMITED 23 Jul 2012
    08153294 SPARKLE & SWAGGER LIMITED 23 Jul 2012
    08153889 ANEW JPS CONSTRUCTION LTD 24 Jul 2012
    08154388 KNIGHTS LETTINGS AND PROPERTY SALES LTD 24 Jul 2012
    08155313 SPORTING EVENTS SOLUTIONS LIMITED 24 Jul 2012
    08155905 HEMMINGFORD GREY LIMITED 25 Jul 2012
    08157193 CARE FINANCIAL LIMITED 26 Jul 2012
    08157759 PROBE EUROPE LIMITED 26 Jul 2012