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

  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. 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)HertfordUK
    2013229269,432
    2012212253,150
    % change8.0%6.4%
    Record Year2003 (241)2007 (279,097)
    New Companies by Half Year
  2. 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)HertfordUK
    2013106134,630
    2012102121,659
    % change3.9%10.7%
    Record Year 2007 (109) 2013 (134,630)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2013432934
    New companies in 2012313833
    % change38.7%-23.7%3.0%
    Record Year2013 (43)2007 (46)2011 (39)

Closed Companies (dissolved)

  1. 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)HertfordUK
    2013144155,192
    2012125147,794
    % change15.2%5.0%
    Record Year2009 (215)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)HertfordUK
    20137877,278
    20126480,218
    % change21.9%-3.7%
    Record Year 2009 (144) 2009 (181,179)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2013331827
    Closed companies in 2012152722
    % change120.0%-33.3%23%
    Record Year2013 (33)2009 (70)2009 (44)

Net Company Growth

  1. 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)HertfordUK
    201385114,240
    201287105,356
    Record Year2003 (156)2007 (171,296)
    Net Growth by Half Year
  2. 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)HertfordUK
    20132857,352
    20123841,441
    Record Year 2007 (68) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    AprilMayJune
    Net growth in 201310117
    Net growth in 2012161111
    Record Year2003 (24)2003 (30)2008 (35)

UK Company Share

  1. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2000 (0.1%)
    Company Share by Half Year
  2. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1994 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change16.5%-25.9%-6.8%
    Record Year1998 (0.1%)1994 (0.2%)1991 (0.2%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.57%CONSULTING5.25%
    MANAGEMENT1.44%MANAGEMENT4.80%
    CONSULTANCY1.44%CONSULTANCY3.41%
    PROPERTY0.92%PROPERTY2.48%
    ASSOCIATES0.92%TRADING2.05%
    CONSULTANTS0.65%ENGINEERING1.81%
    HERTFORD0.65%DESIGN1.79%
    M0.65%LONDON1.77%
    CAPITAL0.52%BUSINESS1.77%
    CONSTRUCTION0.52%CONSULTANTS1.68%
    DARTS0.52%CONSTRUCTION1.68%
    FUTURE0.52%ASSOCIATES1.67%
    DESIGN0.52%GLOBAL1.59%
    PARTNERS0.52%MEDIA1.57%
    GREEN0.39%CARE1.55%
    MODUS0.39%J1.53%
    HERTS0.39%INVESTMENTS1.46%
    EVENTS0.39%IT1.40%
    SALES0.39%PROPERTIES1.40%
    CENTRE0.39%M1.26%
    LATITUDE0.39%BUILDING1.22%
    MARKETING0.39%ELECTRICAL1.19%
    TRADE0.39%ENTERPRISES1.18%
    SURVEYORS0.39%CAPITAL1.16%
    VENTURES0.39%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied165257,517
    82990 - Other business support service activities not elsewhere classified7354,555
    70229 - Management consultancy activities other than financial management4733,633
    99999 - Dormant Company3544,817
    96090 - Other service activities not elsewhere classified2524,324
    74909 - Other professional, scientific and technical activities not elsewhere classified1917,095
    62020 - Information technology consultancy activities1725,583
    98000 - Residents property management164,626
    41100 - Development of building projects148,876
    43390 - Other building completion and finishing115,253
    56302 - Public houses and bars115,165
    62090 - Other information technology service activities1012,578
    49410 - Freight transport by road106,273
    69201 - Accounting and auditing activities106,771
    74990 - Non-trading company1014,303
    43999 - Other specialised construction activities not elsewhere classified97,212
    96020 - Hairdressing and other beauty treatment95,505
    45200 - Maintenance and repair of motor vehicles94,768
    47910 - Retail sale via mail order houses or via Internet87,793
    43210 - Electrical installation85,611

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08513911 BOUTIQUE LIVE LIMITED 02 May 2013
    08520578 LINEAGE LONDON LIMITED 08 May 2013
    08521349 DJM MANAGEMENT (NW) LIMITED 09 May 2013
    08522538 AIR RACE CC LTD 09 May 2013
    08530047 PROJECT LANDROVER LTD 15 May 2013
    08530884 PROLEC CONTRACTORS LIMITED 15 May 2013
    08532247 MERLIN INTEGRATED SOLUTIONS LIMITED 16 May 2013
    08536059 SOUND STAGE & VISION LIMITED 20 May 2013
    08540144 CALDRON ASSOCIATES LTD 22 May 2013
    08540460 SIMAVIN LIMITED 22 May 2013
    08548294 ENSHAM COURT MANAGEMENT COMPANY LTD 29 May 2013
    08550412 I.D.B. LIMITED 30 May 2013
    08550804 LAPIAC AND PARTNERS LIMITED 30 May 2013
    08512143 BETTER BURGER COMPANY OF HERTFORDSHIRE LIMITED 01 May 2013
    08518560 DAVID MARSHALL CONSULTANCY LIMITED 07 May 2013
    08520655 ON FILM LIMITED 08 May 2013
    08528370 HICKEY DIGITAL LIMITED 14 May 2013
    08532306 PROFESSIONAL DARTS MANAGEMENT LIMITED 16 May 2013
    08536638 FICADEMY LTD 20 May 2013
    08538958 MCN CONSULT LTD 21 May 2013
    08539330 LIONHILL SURVEYORS LIMITED 22 May 2013
    08540453 MEER MEDICAL SERVICES LIMITED 22 May 2013
    08544671 MUSLEY DELIVERY SERVICES LIMITED 24 May 2013
    08546387 FSM BUILDING LIMITED 28 May 2013
    08550292 SEARS FLAT ROOFING & PLASTICS LTD 30 May 2013