Hertford, Hertfordshire

Q3 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

  • Q3 2013 saw a new record in company registrations in Hertford when compared to any previous Q3.
  • September 2013 saw a new record in company registrations in Hertford when compared to any previous September.
  • September 2013 saw a new record in net growth in Hertford when compared to any previous September.

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 (Q3 Jul-Sep 2013)

    Q3 2013 saw a new record in company registrations in Hertford when compared to any previous Q3.

    A total of 122 companies were registered in Hertford during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 16.2% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)HertfordUK
    2013122132,684
    2012105118,868
    % change16.2%11.6%
    Record Year 2013 (122) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    September 2013 saw a new record in company registrations in Hertford when compared to any previous September.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2013383945
    New companies in 2012423033
    % change-9.5%30.0%36.4%
    Record Year2012 (42)2011 (48)2013 (45)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 84 companies were dissolved in Hertford during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 15.1% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)HertfordUK
    20138486,170
    20127375,908
    % change15.1%13.5%
    Record Year 2009 (96) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013253722
    Closed companies in 2012243415
    % change4.2%8.8%47%
    Record Year2009 (31)2008 (57)2009 (47)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Hertford during the third quarter of 2013 (Jul 2013 - Sep 2013) was 38 companies.

    third quarter (Jul 2013 - Sep 2013)HertfordUK
    20133846,514
    20123242,960
    Record Year 2013 (38) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    September 2013 saw a new record in net growth in Hertford when compared to any previous September.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201313223
    Net growth in 201218-418
    Record Year2008 (21)2011 (26)2013 (23)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, Hertford formed 0.1% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Hertford
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1996 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change-19.0%19.2%19.5%
    Record Year1989 (0.3%)2011 (0.1%)1996 (0.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 44.0.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Hertford was in 2006 when 35.9% of all directors were female.

    23.4% of all director appointments in Hertford in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.39%CONSULTING5.27%
    CONSULTANCY1.27%MANAGEMENT4.75%
    MANAGEMENT1.14%CONSULTANCY3.45%
    M1.01%PROPERTY2.53%
    INVESTMENTS0.89%TRADING2.08%
    ASSOCIATES0.89%ENGINEERING1.83%
    DESIGN0.89%LONDON1.79%
    CAPITAL0.76%DESIGN1.78%
    HERTFORD0.76%BUSINESS1.74%
    CENTRE0.63%CONSTRUCTION1.70%
    NEW0.63%CONSULTANTS1.69%
    CONTRACTORS0.51%CARE1.64%
    PROPERTY0.51%ASSOCIATES1.61%
    HERTS0.51%GLOBAL1.59%
    LONDON0.51%J1.54%
    TONING0.51%MEDIA1.54%
    DARTS0.51%INVESTMENTS1.53%
    MEDIA0.51%PROPERTIES1.45%
    PARTNERS0.51%IT1.39%
    GROUP0.38%M1.25%
    FUTURE0.38%ELECTRICAL1.20%
    ENGINEERING0.38%BUILDING1.19%
    HOME0.38%CAPITAL1.19%
    (HERTS)0.38%DEVELOPMENTS1.16%
    DEVELOPMENT0.38%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied165260,135
    82990 - Other business support service activities not elsewhere classified7154,854
    70229 - Management consultancy activities other than financial management5434,970
    99999 - Dormant Company3546,169
    96090 - Other service activities not elsewhere classified2525,547
    74909 - Other professional, scientific and technical activities not elsewhere classified1917,715
    62020 - Information technology consultancy activities1826,675
    41100 - Development of building projects179,271
    43390 - Other building completion and finishing145,382
    98000 - Residents property management124,680
    69201 - Accounting and auditing activities116,979
    56302 - Public houses and bars105,437
    74990 - Non-trading company1014,228
    45200 - Maintenance and repair of motor vehicles94,955
    86900 - Other human health activities99,203
    43999 - Other specialised construction activities not elsewhere classified97,590
    96020 - Hairdressing and other beauty treatment95,859
    47910 - Retail sale via mail order houses or via Internet88,475
    68100 - Buying and selling of own real estate85,430
    49410 - Freight transport by road86,904

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08670730 DESIGN GENERAL STORE LIMITED 02 Sep 2013
    08678619 OXFORD TONING CENTRE LTD 05 Sep 2013
    08679300 NEW ERA ALTERNATIVE INVESTMENTS LIMITED 05 Sep 2013
    08691095 ELLIS GRAY LIMITED 16 Sep 2013
    08693704 JASMINE ENGINEERING SOLUTIONS LIMITED 17 Sep 2013
    08696822 CUPID'S MUSIC.CO.UK LIMITED 19 Sep 2013
    08698442 ASTUTE CONSULTING SERVICES INC LTD 19 Sep 2013
    08704725 NOTABILIS LIMITED 25 Sep 2013
    08710840 LOCAL BUSINESS LINKS LIMITED 30 Sep 2013
    08671321 ACTIVE SOCCER HERTFORD LIMITED 02 Sep 2013
    08673093 LANDMARK (NOTTINGHAM) LTD 03 Sep 2013
    08673462 HERTFORD COACHWORKS LTD 03 Sep 2013
    08676989 SOMETHING TECH LTD 04 Sep 2013
    08679848 R A RISK MANAGEMENT LTD 06 Sep 2013
    08683534 THE FUNKY BREWERY LIMITED 10 Sep 2013
    08683883 XUAN JEWELLERY (UK) LIMITED 10 Sep 2013
    08687415 DOG & WHISTLE LIMITED 12 Sep 2013
    08691961 PREMIER INTRODUCTION LTD 16 Sep 2013
    08694801 ARCHITECH TOOLS LTD 18 Sep 2013
    08696867 REILLY SCAFFOLDING LTD 19 Sep 2013
    08700665 K.D SOLUTIONS 39 LIMITED 20 Sep 2013
    08705521 MJ SPARKLE & SHINE BIN CLEANING SERVICES LTD 25 Sep 2013
    08708294 HERTS DRAINAGE SERVICES LIMITED 27 Sep 2013
    08709309 RS EVENT HIRE LIMITED 27 Sep 2013
    08709919 R S M ELECTRICAL LIMITED 30 Sep 2013