Hertford, Hertfordshire
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- February 2013 saw a new record in company registrations in Hertford when compared to any previous February.
- February 2013 saw a new record in net growth in Hertford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 123 companies were registered in Hertford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 11.8% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Hertford UK 2013 123 134,802 2012 110 131,491 % change 11.8% 2.5% Record Year 2013 (123) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in company registrations in Hertford when compared to any previous February.
New Companies by Month
January February March New companies in 2013 35 48 40 New companies in 2012 35 41 34 % change 0.0% 17.1% 17.6% Record Year 2011 (40) 2013 (48) 2003 (61)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 66 companies were dissolved in Hertford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 8.2% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Hertford UK 2013 66 77,914 2012 61 67,576 % change 8.2% 15.3% Record Year 2011 (84) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Dissolved Companies by Month
January February March Closed companies in 2013 21 20 25 Closed companies in 2012 25 21 15 % change -16.0% -4.8% 67% Record Year 2011 (27) 2011 (27) 2009 (37)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Hertford during the first quarter of 2013 (Jan 2013 - Mar 2013) was 57 companies.
first quarter (Jan 2013 - Mar 2013) Hertford UK 2013 57 56,888 2012 49 63,915 Record Year 2007 (74) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
February 2013 saw a new record in net growth in Hertford when compared to any previous February.
Net Growth by Month
January February March Net growth in 2013 14 28 15 Net growth in 2012 10 20 19 Record Year 2004 (19) 2013 (28) 2003 (45)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Hertford formed 0.1% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Hertford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -10.4% 16.1% 21.7% Record Year 1992 (0.2%) 1995 (0.1%) 2003 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 46.0.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Hertford was in 2006 when 36.3% of all directors were female.
18.6% of all director appointments in Hertford in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.60% CONSULTING 5.18% MANAGEMENT 1.07% MANAGEMENT 4.78% CONSULTANCY 1.07% CONSULTANCY 3.30% PROPERTY 0.80% PROPERTY 2.44% CONSTRUCTION 0.80% TRADING 2.06% CONSULTANTS 0.80% DESIGN 1.79% DESIGN 0.80% ENGINEERING 1.78% SECURITY 0.67% BUSINESS 1.77% M 0.67% ASSOCIATES 1.75% ASSOCIATES 0.53% LONDON 1.72% HERTS 0.53% CONSULTANTS 1.71% HERTFORD 0.53% CONSTRUCTION 1.69% MODUS 0.53% MEDIA 1.63% J 0.53% GLOBAL 1.57% MOBILE 0.40% J 1.56% CAPITAL 0.40% CARE 1.46% CARE 0.40% IT 1.43% (2013) 0.40% INVESTMENTS 1.41% PARTNERS 0.40% PROPERTIES 1.36% GREEN 0.40% M 1.25% BLUE 0.40% BUILDING 1.21% TRADE 0.40% ENTERPRISES 1.19% HOME 0.40% ELECTRICAL 1.18% L 0.40% TRAINING 1.17% MARKETING 0.40% SECURITY 1.15%
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 167 249,183 82990 - Other business support service activities not elsewhere classified 71 54,531 70229 - Management consultancy activities other than financial management 44 32,624 99999 - Dormant Company 32 43,384 96090 - Other service activities not elsewhere classified 26 23,532 98000 - Residents property management 20 4,579 62020 - Information technology consultancy activities 18 24,894 41100 - Development of building projects 13 8,637 74909 - Other professional, scientific and technical activities not elsewhere classified 12 16,448 49410 - Freight transport by road 12 5,834 43390 - Other building completion and finishing 11 5,145 45200 - Maintenance and repair of motor vehicles 10 4,684 56302 - Public houses and bars 10 4,952 69201 - Accounting and auditing activities 9 6,591 43210 - Electrical installation 9 5,625 7487 - Other business activities 9 7,556 96020 - Hairdressing and other beauty treatment 9 5,248 62090 - Other information technology service activities 9 12,664 68209 - Other letting and operating of own or leased real estate 8 7,507 74100 - specialised design activities 8 3,645
Recent Companies
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Randomly selected companies from this quarter
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