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
New Company Registrations
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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) Hertford UK 2013 122 132,684 2012 105 118,868 % change 16.2% 11.6% Record Year 2013 (122) 2013 (132,684) New Companies by Quarter
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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
July August September New companies in 2013 38 39 45 New companies in 2012 42 30 33 % change -9.5% 30.0% 36.4% Record Year 2012 (42) 2011 (48) 2013 (45)
Closed Companies (dissolved)
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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) Hertford UK 2013 84 86,170 2012 73 75,908 % change 15.1% 13.5% Record Year 2009 (96) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 25 37 22 Closed companies in 2012 24 34 15 % change 4.2% 8.8% 47% Record Year 2009 (31) 2008 (57) 2009 (47)
Net Company Growth
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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) Hertford UK 2013 38 46,514 2012 32 42,960 Record Year 2013 (38) 2013 (46,514) Net Growth by Quarter
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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
July August September Net growth in 2013 13 2 23 Net growth in 2012 18 -4 18 Record Year 2008 (21) 2011 (26) 2013 (23)
UK Company Share
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1996 (0.1%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -19.0% 19.2% 19.5% Record Year 1989 (0.3%) 2011 (0.1%) 1996 (0.2%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.39% CONSULTING 5.27% CONSULTANCY 1.27% MANAGEMENT 4.75% MANAGEMENT 1.14% CONSULTANCY 3.45% M 1.01% PROPERTY 2.53% INVESTMENTS 0.89% TRADING 2.08% ASSOCIATES 0.89% ENGINEERING 1.83% DESIGN 0.89% LONDON 1.79% CAPITAL 0.76% DESIGN 1.78% HERTFORD 0.76% BUSINESS 1.74% CENTRE 0.63% CONSTRUCTION 1.70% NEW 0.63% CONSULTANTS 1.69% CONTRACTORS 0.51% CARE 1.64% PROPERTY 0.51% ASSOCIATES 1.61% HERTS 0.51% GLOBAL 1.59% LONDON 0.51% J 1.54% TONING 0.51% MEDIA 1.54% DARTS 0.51% INVESTMENTS 1.53% MEDIA 0.51% PROPERTIES 1.45% PARTNERS 0.51% IT 1.39% GROUP 0.38% M 1.25% FUTURE 0.38% ELECTRICAL 1.20% ENGINEERING 0.38% BUILDING 1.19% HOME 0.38% CAPITAL 1.19% (HERTS) 0.38% DEVELOPMENTS 1.16% DEVELOPMENT 0.38% TRAINING 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 165 260,135 82990 - Other business support service activities not elsewhere classified 71 54,854 70229 - Management consultancy activities other than financial management 54 34,970 99999 - Dormant Company 35 46,169 96090 - Other service activities not elsewhere classified 25 25,547 74909 - Other professional, scientific and technical activities not elsewhere classified 19 17,715 62020 - Information technology consultancy activities 18 26,675 41100 - Development of building projects 17 9,271 43390 - Other building completion and finishing 14 5,382 98000 - Residents property management 12 4,680 69201 - Accounting and auditing activities 11 6,979 56302 - Public houses and bars 10 5,437 74990 - Non-trading company 10 14,228 45200 - Maintenance and repair of motor vehicles 9 4,955 86900 - Other human health activities 9 9,203 43999 - Other specialised construction activities not elsewhere classified 9 7,590 96020 - Hairdressing and other beauty treatment 9 5,859 47910 - Retail sale via mail order houses or via Internet 8 8,475 68100 - Buying and selling of own real estate 8 5,430 49410 - Freight transport by road 8 6,904
Recent Companies
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Randomly selected companies from this quarter
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