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

  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 (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)HertfordUK
    2013123134,802
    2012110131,491
    % change11.8%2.5%
    Record Year 2013 (123) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2013354840
    New companies in 2012354134
    % change0.0%17.1%17.6%
    Record Year2011 (40)2013 (48)2003 (61)

Closed Companies (dissolved)

  1. 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)HertfordUK
    20136677,914
    20126167,576
    % change8.2%15.3%
    Record Year 2011 (84) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013212025
    Closed companies in 2012252115
    % change-16.0%-4.8%67%
    Record Year2011 (27)2011 (27)2009 (37)

Net Company Growth

  1. 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)HertfordUK
    20135756,888
    20124963,915
    Record Year 2007 (74) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2013142815
    Net growth in 2012102019
    Record Year2004 (19)2013 (28)2003 (45)

UK Company Share

  1. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change-10.4%16.1%21.7%
    Record Year1992 (0.2%)1995 (0.1%)2003 (0.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.60%CONSULTING5.18%
    MANAGEMENT1.07%MANAGEMENT4.78%
    CONSULTANCY1.07%CONSULTANCY3.30%
    PROPERTY0.80%PROPERTY2.44%
    CONSTRUCTION0.80%TRADING2.06%
    CONSULTANTS0.80%DESIGN1.79%
    DESIGN0.80%ENGINEERING1.78%
    SECURITY0.67%BUSINESS1.77%
    M0.67%ASSOCIATES1.75%
    ASSOCIATES0.53%LONDON1.72%
    HERTS0.53%CONSULTANTS1.71%
    HERTFORD0.53%CONSTRUCTION1.69%
    MODUS0.53%MEDIA1.63%
    J0.53%GLOBAL1.57%
    MOBILE0.40%J1.56%
    CAPITAL0.40%CARE1.46%
    CARE0.40%IT1.43%
    (2013)0.40%INVESTMENTS1.41%
    PARTNERS0.40%PROPERTIES1.36%
    GREEN0.40%M1.25%
    BLUE0.40%BUILDING1.21%
    TRADE0.40%ENTERPRISES1.19%
    HOME0.40%ELECTRICAL1.18%
    L0.40%TRAINING1.17%
    MARKETING0.40%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied167249,183
    82990 - Other business support service activities not elsewhere classified7154,531
    70229 - Management consultancy activities other than financial management4432,624
    99999 - Dormant Company3243,384
    96090 - Other service activities not elsewhere classified2623,532
    98000 - Residents property management204,579
    62020 - Information technology consultancy activities1824,894
    41100 - Development of building projects138,637
    74909 - Other professional, scientific and technical activities not elsewhere classified1216,448
    49410 - Freight transport by road125,834
    43390 - Other building completion and finishing115,145
    45200 - Maintenance and repair of motor vehicles104,684
    56302 - Public houses and bars104,952
    69201 - Accounting and auditing activities96,591
    43210 - Electrical installation95,625
    7487 - Other business activities97,556
    96020 - Hairdressing and other beauty treatment95,248
    62090 - Other information technology service activities912,664
    68209 - Other letting and operating of own or leased real estate87,507
    74100 - specialised design activities83,645

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08346339 TNL PROJECTS DESIGN AND BUILD LIMITED 03 Jan 2013
    08347761 HERTFORD AUTO CENTRE LIMITED 04 Jan 2013
    08347795 BELLUS CONSTRUCTION LTD 04 Jan 2013
    08349958 SPANNERS YOUR LOCAL GARAGE LIMITED 07 Jan 2013
    08350888 PRECIPICE LTD 08 Jan 2013
    08358970 180 FITNESS LIMITED 14 Jan 2013
    08359744 STEPHANIE NELSON CONSULTANCY LIMITED 14 Jan 2013
    08365218 HONEYBALL ASSOCIATES LIMITED 17 Jan 2013
    08369752 FLY A FLAG LIMITED 22 Jan 2013
    08370866 TADPOLE VENTURES LTD 22 Jan 2013
    08374201 K WARD CONSULTANCY LTD 24 Jan 2013
    08376810 SUSTAIN ABILITIES LIMITED 28 Jan 2013
    08382771 A & J COUPLE LTD 31 Jan 2013
    08383978 DARLINGTON WATERS LIMITED 31 Jan 2013
    08348212 THE CAR WASH COMPANY (CORPORATE) LIMITED 07 Jan 2013
    08348986 THE CAR WASH COMPANY (PRODUCTS) LTD 07 Jan 2013
    08349229 KUCUKNEJATI LIMITED 07 Jan 2013
    08356174 SLOGGETT BUILDERS LIMITED 11 Jan 2013
    08358445 LUSO ENGINEERING LTD 14 Jan 2013
    08359222 HITCONSULTANTS LIMITED 14 Jan 2013
    08363070 FUTURE PROOF WEBSITES LIMITED 16 Jan 2013
    08375205 GRAPE DRINKS (UK) LIMITED 25 Jan 2013
    08376304 PORTLAND PLACE CONSULTING LIMITED 25 Jan 2013
    08380380 COPPING JOYCE SURVEYORS LIMITED 29 Jan 2013
    08382354 FUSION TOUCH LIMITED 30 Jan 2013