Hertford, Hertfordshire
2013 Half Year 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
- April 2013 saw a new record in company registrations in Hertford when compared to any previous April.
- April 2013 saw a new record in company closures in Hertford when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 229 companies were formed in Hertford. This figure is 8.0% higher than last year, which compares well to the UK wide figure of 6.4%.
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 2013 229 269,432 2012 212 253,150 % change 8.0% 6.4% Record Year 2003 (241) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 106 companies were registered in Hertford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 3.9% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Hertford UK 2013 106 134,630 2012 102 121,659 % change 3.9% 10.7% Record Year 2007 (109) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
April 2013 saw a new record in company registrations in Hertford when compared to any previous April.
New Companies by Month
April May June New companies in 2013 43 29 34 New companies in 2012 31 38 33 % change 38.7% -23.7% 3.0% Record Year 2013 (43) 2007 (46) 2011 (39)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 144 companies were dissolved in Hertford. This figure is 15.2% higher than last year, which compares badly to the UK wide change of 5.0%.
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 2013 144 155,192 2012 125 147,794 % change 15.2% 5.0% Record Year 2009 (215) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 78 companies were dissolved in Hertford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 21.9% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Hertford UK 2013 78 77,278 2012 64 80,218 % change 21.9% -3.7% Record Year 2009 (144) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
April 2013 saw a new record in company closures in Hertford when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2013 33 18 27 Closed companies in 2012 15 27 22 % change 120.0% -33.3% 23% Record Year 2013 (33) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 the company register for Hertford increased by 85 companies.
Half Year (Jan-Jun) Hertford UK 2013 85 114,240 2012 87 105,356 Record Year 2003 (156) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Net company growth for Hertford during the second quarter of 2013 (Apr 2013 - Jun 2013) was 28 companies.
second quarter (Apr 2013 - Jun 2013) Hertford UK 2013 28 57,352 2012 38 41,441 Record Year 2007 (68) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
Net Growth by Month
April May June Net growth in 2013 10 11 7 Net growth in 2012 16 11 11 Record Year 2003 (24) 2003 (30) 2008 (35)
UK Company Share
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 Hertford formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jan-Jun) Hertford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2000 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
In the second quarter of 2013, Hertford formed 0.1% of all UK companies.
second quarter (Apr 2013 - Jun 2013) Hertford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1994 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 16.5% -25.9% -6.8% Record Year 1998 (0.1%) 1994 (0.2%) 1991 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2013)
The average age of a director in the first half of 2013 was 44.4.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 1.1% compared to the UK figure of 3.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The average age of a director in the second quarter of 2013 was 43.8.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.6%.
The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 3.8%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2013)
The record first half year for female directors in Hertford was 2006 when 34.5% of all directors were female.
25.8% of all director appointments in Hertford in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The record second quarter for female directors in Hertford was in 2010 when 36.8% of all directors were female.
28.4% of all director appointments in Hertford in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.57% CONSULTING 5.25% MANAGEMENT 1.44% MANAGEMENT 4.80% CONSULTANCY 1.44% CONSULTANCY 3.41% PROPERTY 0.92% PROPERTY 2.48% ASSOCIATES 0.92% TRADING 2.05% CONSULTANTS 0.65% ENGINEERING 1.81% HERTFORD 0.65% DESIGN 1.79% M 0.65% LONDON 1.77% CAPITAL 0.52% BUSINESS 1.77% CONSTRUCTION 0.52% CONSULTANTS 1.68% DARTS 0.52% CONSTRUCTION 1.68% FUTURE 0.52% ASSOCIATES 1.67% DESIGN 0.52% GLOBAL 1.59% PARTNERS 0.52% MEDIA 1.57% GREEN 0.39% CARE 1.55% MODUS 0.39% J 1.53% HERTS 0.39% INVESTMENTS 1.46% EVENTS 0.39% IT 1.40% SALES 0.39% PROPERTIES 1.40% CENTRE 0.39% M 1.26% LATITUDE 0.39% BUILDING 1.22% MARKETING 0.39% ELECTRICAL 1.19% TRADE 0.39% ENTERPRISES 1.18% SURVEYORS 0.39% CAPITAL 1.16% VENTURES 0.39% TRAINING 1.16%
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 165 257,517 82990 - Other business support service activities not elsewhere classified 73 54,555 70229 - Management consultancy activities other than financial management 47 33,633 99999 - Dormant Company 35 44,817 96090 - Other service activities not elsewhere classified 25 24,324 74909 - Other professional, scientific and technical activities not elsewhere classified 19 17,095 62020 - Information technology consultancy activities 17 25,583 98000 - Residents property management 16 4,626 41100 - Development of building projects 14 8,876 43390 - Other building completion and finishing 11 5,253 56302 - Public houses and bars 11 5,165 62090 - Other information technology service activities 10 12,578 49410 - Freight transport by road 10 6,273 69201 - Accounting and auditing activities 10 6,771 74990 - Non-trading company 10 14,303 43999 - Other specialised construction activities not elsewhere classified 9 7,212 96020 - Hairdressing and other beauty treatment 9 5,505 45200 - Maintenance and repair of motor vehicles 9 4,768 47910 - Retail sale via mail order houses or via Internet 8 7,793 43210 - Electrical installation 8 5,611
Recent Companies
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Randomly selected companies from this quarter
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