Hertford, Hertfordshire
2013 Annual 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
- 2013 was a record year for company registrations in Hertford when compared to any year in history.
- November 2013 saw a new record in company registrations in Hertford when compared to any previous November.
- November 2013 saw a new record in company closures in Hertford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Hertford when compared to any year in history.
A total of 440 companies were formed in Hertford in 2013. This total is 8.9% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Hertford UK 2013 440 529,363 2012 404 491,893 2011 413 452,870 2010 369 400,358 2009 333 362,675 Record Year 2013 (440) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 211 companies were formed in Hertford. This figure is 9.9% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Hertford occurred in 2011 when a total of 211 were formed.
Half Year (Jul-Dec) Hertford UK 2013 211 259,931 2012 192 238,743 % change 9.9% 8.9% Record Year 2011 (211) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 89 companies were registered in Hertford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 2.3% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Hertford UK 2013 89 127,247 2012 87 119,875 % change 2.3% 6.1% Record Year 2011 (101) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Hertford when compared to any previous November.
New Companies by Month
October November December New companies in 2013 27 45 17 New companies in 2012 36 29 22 % change -25.0% 55.2% -22.7% Record Year 2011 (42) 2013 (45) 2009 (42)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 310 companies were dissolved in Hertford in 2013. This total is 21.1% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Hertford UK 2013 310 332,213 2012 256 293,729 2011 290 314,524 2010 300 342,233 2009 384 533,789 Record Year 2009 (384) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 166 companies were dissolved in Hertford. This figure is 26.7% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Hertford occurred in 2009 when a total of 169 were closed.
Half Year (Jul-Dec) Hertford UK 2013 166 177,021 2012 131 145,935 % change 26.7% 21.3% Record Year 2009 (169) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 82 companies were dissolved in Hertford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 41.4% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Hertford UK 2013 82 90,851 2012 58 70,027 % change 41.4% 29.7% Record Year 2013 (82) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company closures in Hertford when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2013 27 33 22 Closed companies in 2012 30 17 11 % change -10.0% 94.1% 100% Record Year 2012 (30) 2013 (33) 2009 (26)
Net Company Growth
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Annual Data (2013)
A total of 130 companies were added to the company register for Hertford in 2013. This number represents growth of 29.5% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 18 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Hertford company register grew by 181 companies.
Year Hertford UK 2013 130 197,150 2012 148 198,164 2011 123 138,346 2010 69 58,125 2009 -51 -171,114 Record Year 2007 (181) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Hertford increased by 45 companies.
Half Year (Jul-Dec) Hertford UK 2013 45 82,910 2012 61 92,808 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Hertford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 7 companies.
fourth quarter (Oct 2013 - Dec 2013) Hertford UK 2013 7 36,396 2012 29 49,848 Record Year 2006 (39) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 0 12 -5 Net growth in 2012 6 12 11 Record Year 2003 (26) 2003 (28) 2003 (19)
UK Company Share
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Annual Data (2013)
In 2013 Hertford formed 0.1% of all UK companies. This is no change on 2012 when Hertford was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Hertford formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Hertford formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Hertford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1990 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.0% UK formation share in 2012 0.1% 0.1% 0.1% % change -30.2% 52.6% -29.7% Record Year 1971 (0.2%) 1990 (0.2%) 1987 (0.3%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.5.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.6.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 45.3.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Hertford was 1984 when 100.0% of all directors were female.
The percentage of female directors in Hertford in 2013 was 26.8%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Hertford was 2006 when 34.2% of all directors were female.
27.4% of all director appointments in Hertford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Hertford was in 2012 when 37.5% of all directors were female.
32.3% of all director appointments in Hertford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.25% CONSULTING 5.22% CONSULTING 1.25% MANAGEMENT 4.72% MANAGEMENT 1.13% CONSULTANCY 3.45% INVESTMENTS 0.88% PROPERTY 2.59% M 0.88% TRADING 2.08% ASSOCIATES 0.88% ENGINEERING 1.87% CAPITAL 0.75% LONDON 1.86% DESIGN 0.75% DESIGN 1.76% LONDON 0.63% CONSTRUCTION 1.73% NEW 0.63% CARE 1.73% CENTRE 0.63% BUSINESS 1.71% PARTNERS 0.63% CONSULTANTS 1.68% HERTFORD 0.63% GLOBAL 1.58% WHITE 0.50% INVESTMENTS 1.56% GROUP 0.50% PROPERTIES 1.54% PROPERTIES 0.50% ASSOCIATES 1.53% TONING 0.50% J 1.51% PROPERTY 0.50% MEDIA 1.50% MEDIA 0.50% IT 1.35% HOME 0.50% DEVELOPMENTS 1.23% PRODUCTIONS 0.50% M 1.23% COMMUNICATIONS 0.38% BUILDING 1.21% FUTURE 0.38% ELECTRICAL 1.20% ENGINEERING 0.38% CAPITAL 1.19% DRINKS 0.38% ENERGY 1.14%
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 144 266,814 82990 - Other business support service activities not elsewhere classified 85 55,342 70229 - Management consultancy activities other than financial management 57 36,164 99999 - Dormant Company 36 46,762 96090 - Other service activities not elsewhere classified 27 26,001 62020 - Information technology consultancy activities 21 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 19 18,034 41100 - Development of building projects 15 9,485 43390 - Other building completion and finishing 12 5,405 69201 - Accounting and auditing activities 11 7,075 74990 - Non-trading company 11 14,223 86900 - Other human health activities 10 9,543 62090 - Other information technology service activities 10 12,511 56302 - Public houses and bars 9 5,503 98000 - Residents property management 9 4,710 43210 - Electrical installation 9 5,730 96020 - Hairdressing and other beauty treatment 9 6,000 74100 - specialised design activities 8 4,309 49410 - Freight transport by road 8 7,333 43999 - Other specialised construction activities not elsewhere classified 8 7,823
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08716637 PIRT DESIGN & TECHNOLOGY LIMITED 03 Oct 2013 08721152 TECHCITY MEDIA LTD 07 Oct 2013 08727138 WHITE LABEL RECRUITMENT MARKETING LTD 10 Oct 2013 08729091 COLM O CONNELL LIMITED 11 Oct 2013 08734570 L.E SAVAGE LTD 16 Oct 2013 08740210 PRESSWERKS (UK) LTD 21 Oct 2013 08757447 PBARTLETT LIMITED 31 Oct 2013 08711977 PROTEC BUILDING SERVICES LTD 01 Oct 2013 08712923 MAIDENHEAD STREET PROPERTIES LIMITED 01 Oct 2013 08717754 REMEB UK LTD 03 Oct 2013 08721471 RESPONSIVE MANAGEMENT CONSULTING LTD 07 Oct 2013 08721978 MSFIT LTD 07 Oct 2013 08722685 5 STAR RETAIL CONSULTANTS LIMITED 08 Oct 2013 08726098 WP RECOVERY LTD 10 Oct 2013 08726938 RESOURCEFUL COMMUNICATIONS LIMITED 10 Oct 2013 08727160 G.A.L ASSOCIATES LIMITED 10 Oct 2013 08729924 LINK DIGITAL LIMITED 11 Oct 2013 08731009 TJ HIGGS READ 4 LIFE LTD 14 Oct 2013 08731019 PALMATUM PARTNERS LIMITED 14 Oct 2013 08732193 CHIRP COMMUNICATIONS LIMITED 15 Oct 2013 08738157 2MS SOLUTIONS LIMITED 18 Oct 2013 08743442 STAR PLATFORMS LIMITED 22 Oct 2013 08743634 RELIANT PROJECTS LIMITED 22 Oct 2013 08745602 MEURSEULT LTD 23 Oct 2013 08750164 KOSTADIN IVANOV LTD 28 Oct 2013
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