Hertford, Hertfordshire
2012 Annual Business Confidence Report
Headlines
- October 2012 saw a new record in company closures in Hertford when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
A total of 404 companies were formed in Hertford in 2012. This total is 2.2% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Hertford UK 2012 404 491,893 2011 413 452,870 2010 369 400,358 2009 333 362,675 2008 321 349,203 Record Year 2003 (440) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 192 companies were formed in Hertford. This figure is 9.0% lower than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Hertford occurred in 2011 when a total of 211 were formed.
Half Year (Jul-Dec) Hertford UK 2012 192 238,743 2011 211 224,135 % change -9.0% 6.5% Record Year 2011 (211) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 87 companies were registered in Hertford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 13.9% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Hertford UK 2012 87 119,875 2011 101 109,623 % change -13.9% 9.4% Record Year 2003 (107) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 36 29 22 New companies in 2011 42 39 20 % change -14.3% -25.6% 10.0% Record Year 2011 (42) 2011 (39) 2009 (42)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 256 companies were dissolved in Hertford in 2012. This total is 11.7% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year Hertford UK 2012 256 293,728 2011 290 314,524 2010 300 342,233 2009 384 533,787 2008 205 237,873 Record Year 2009 (384) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 131 companies were dissolved in Hertford. This figure is 10.3% lower than last year, which compares well to the UK wide change of -4.1%.
The highest total for a second half year in Hertford occurred in 2009 when a total of 169 were closed.
Half Year (Jul-Dec) Hertford UK 2012 131 145,934 2011 146 152,213 % change -10.3% -4.1% Record Year 2009 (169) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 58 companies were dissolved in Hertford during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 20.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Hertford UK 2012 58 70,026 2011 73 79,983 % change -20.5% -12.4% Record Year 2011 (73) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Hertford when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 30 17 11 Closed companies in 2011 17 30 26 % change 76.5% -43.3% -58% Record Year 2012 (30) 2011 (30) 2011 (26)
Net Company Growth
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Annual Data (2012)
A total of 148 companies were added to the company register for Hertford in 2012. This number represents growth of 35.8% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 25 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Hertford company register grew by 278 companies.
Year Hertford UK 2012 148 198,165 2011 123 138,346 2010 69 58,125 2009 -51 -171,112 2008 116 111,330 Record Year 2003 (278) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Hertford increased by 61 companies.
Half Year (Jul-Dec) Hertford UK 2012 61 92,809 2011 65 71,922 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Hertford during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 29 companies.
fourth quarter (Oct 2012 - Dec 2012) Hertford UK 2012 29 49,849 2011 28 29,640 Record Year 2003 (73) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 6 12 11 Net growth in 2011 25 9 -6 Record Year 2003 (26) 2003 (28) 2003 (19)
UK Company Share
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Annual Data (2012)
In 2012 Hertford formed 0.1% of all UK companies. This is no change on 2011 when Hertford was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Hertford formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jul-Dec) Hertford 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1981 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Hertford formed 0.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Hertford 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1965 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -28.0% -29.3% 7.0% Record Year 1965 (0.6%) 1970 (0.5%) 1967 (0.3%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.5.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 45.1.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.8.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Hertford was 1860 when 35.7% of all directors were female.
The percentage of female directors in Hertford in 2012 was 30.4%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Hertford was 1860 when 42.9% of all directors were female.
27.0% of all director appointments in Hertford in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Hertford was in 1977 when 31.2% of all directors were female.
32.0% of all director appointments in Hertford in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.65% CONSULTING 5.15% CONSULTANTS 1.10% MANAGEMENT 4.78% MANAGEMENT 0.96% CONSULTANCY 3.31% PROPERTY 0.96% PROPERTY 2.40% CONSULTANCY 0.96% TRADING 2.03% DESIGN 0.96% DESIGN 1.86% CONSTRUCTION 0.83% ASSOCIATES 1.82% BUSINESS 0.83% ENGINEERING 1.79% JAMES 0.69% BUSINESS 1.76% STREET 0.55% CONSULTANTS 1.75% HERTS 0.55% CONSTRUCTION 1.69% SECURITY 0.55% LONDON 1.69% CARE 0.55% MEDIA 1.69% DIGITAL 0.55% GLOBAL 1.59% ASSOCIATES 0.55% J 1.57% LONDON 0.55% INVESTMENTS 1.46% MODUS 0.41% IT 1.43% BLUE 0.41% CARE 1.39% EUROPE 0.41% PROPERTIES 1.34% FINANCIAL 0.41% M 1.26% PRINT 0.41% BUILDING 1.23% EVENTS 0.41% ENTERPRISES 1.21% 4 0.41% TRAINING 1.18% INVESTMENTS 0.41% ELECTRICAL 1.17% CONTRACTS 0.41% SECURITY 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 159 236,139 82990 - Other business support service activities not elsewhere classified 73 52,427 70229 - Management consultancy activities other than financial management 39 30,396 99999 - Dormant Company 37 40,648 98000 - Residents property management 24 4,377 96090 - Other service activities not elsewhere classified 21 22,058 62020 - Information technology consultancy activities 17 23,256 7487 - Other business activities 15 10,703 43390 - Other building completion and finishing 13 4,882 49410 - Freight transport by road 12 5,165 41100 - Development of building projects 12 7,980 56302 - Public houses and bars 10 4,543 43999 - Other specialised construction activities not elsewhere classified 10 6,419 45200 - Maintenance and repair of motor vehicles 10 4,290 62090 - Other information technology service activities 9 12,291 43210 - Electrical installation 9 5,304 74909 - Other professional, scientific and technical activities not elsewhere classified 8 15,572 96020 - Hairdressing and other beauty treatment 8 4,759 62012 - Business and domestic software development 7 7,446 68209 - Other letting and operating of own or leased real estate 7 6,971
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08234458 GREEN SKY THINKING LIMITED 01 Oct 2012 08239941 ISM CARPENTRY & JOINERY LTD 04 Oct 2012 08244712 FISH AND BISCUITS LIMITED 09 Oct 2012 08249439 EQUIGAIT LTD 11 Oct 2012 08253077 FRESH PERSPECTIVE THERAPY LIMITED 15 Oct 2012 08256375 OAKBROOK PLANNING LIMITED 17 Oct 2012 08258327 AFSCO LIMITED 18 Oct 2012 08265433 RVC (HERTS) LTD 23 Oct 2012 08266877 RUTH BLAKEY LIMITED 24 Oct 2012 08235345 JOYOUS JEM CONSULTING LIMITED 01 Oct 2012 08236772 TON-UP MOTORCYCLES LIMITED 02 Oct 2012 08237180 ALUMINIUM PROFILE SUPPLIES LIMITED 02 Oct 2012 08244760 MAY'S STORES LTD 09 Oct 2012 08245562 C CHARLES CONSULTANCY LTD 09 Oct 2012 08246494 STIRBAN CONSTRUCTION LTD 09 Oct 2012 08247381 BETOCARE UK LIMITED 10 Oct 2012 08247943 NEWTON RENOVATIONS LIMITED 10 Oct 2012 08253691 ALDA PROPERTY LIMITED 15 Oct 2012 08254090 TOM DRIVING SERVICES LTD 16 Oct 2012 08257378 DOMINIC JAMES (HOLDINGS) LIMITED 17 Oct 2012 08264897 AGMSV LIMITED 23 Oct 2012 08265157 PO MANAGEMENT SOLUTIONS LIMITED 23 Oct 2012 08268844 MENS STYLING LTD 25 Oct 2012 08270208 STILO DESIGN LIMITED 26 Oct 2012 08273340 LIGHTSOURCE CONSULTING LIMITED 30 Oct 2012
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