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

  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. 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.

    YearHertfordUK
    2013440529,363
    2012404491,893
    2011413452,870
    2010369400,358
    2009333362,675
    Record Year2013 (440)2013 (529,363)
    New Companies by Year
  2. 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)HertfordUK
    2013211259,931
    2012192238,743
    % change9.9%8.9%
    Record Year2011 (211)2013 (259,931)
    New Companies by Half Year
  3. 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)HertfordUK
    201389127,247
    201287119,875
    % change2.3%6.1%
    Record Year 2011 (101) 2013 (127,247)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2013274517
    New companies in 2012362922
    % change-25.0%55.2%-22.7%
    Record Year2011 (42)2013 (45)2009 (42)

Closed Companies (dissolved)

  1. 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.

    YearHertfordUK
    2013310332,213
    2012256293,729
    2011290314,524
    2010300342,233
    2009384533,789
    Record Year2009 (384)2009 (533,789)
    Dissolved Companies by Year
  2. 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)HertfordUK
    2013166177,021
    2012131145,935
    % change26.7%21.3%
    Record Year2009 (169)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)HertfordUK
    20138290,851
    20125870,027
    % change41.4%29.7%
    Record Year 2013 (82) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2013273322
    Closed companies in 2012301711
    % change-10.0%94.1%100%
    Record Year2012 (30)2013 (33)2009 (26)

Net Company Growth

  1. 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.

    YearHertfordUK
    2013130197,150
    2012148198,164
    2011123138,346
    20106958,125
    2009-51-171,114
    Record Year2007 (181)2007 (237,353)
    Net Growth by Year
  2. 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)HertfordUK
    20134582,910
    20126192,808
    Record Year2003 (122)2003 (117,772)
    Net Growth by Half Year
  3. 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)HertfordUK
    2013736,396
    20122949,848
    Record Year 2006 (39) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013012-5
    Net growth in 201261211
    Record Year2003 (26)2003 (28)2003 (19)

UK Company Share

  1. 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.

    YearHertford
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960)1996 (0.1%)
    Company Share by Year
  2. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1996 (0.1%)
    Company Share by Half Year
  3. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.0%
    UK formation share in 20120.1%0.1%0.1%
    % change-30.2%52.6%-29.7%
    Record Year1971 (0.2%)1990 (0.2%)1987 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.25%CONSULTING5.22%
    CONSULTING1.25%MANAGEMENT4.72%
    MANAGEMENT1.13%CONSULTANCY3.45%
    INVESTMENTS0.88%PROPERTY2.59%
    M0.88%TRADING2.08%
    ASSOCIATES0.88%ENGINEERING1.87%
    CAPITAL0.75%LONDON1.86%
    DESIGN0.75%DESIGN1.76%
    LONDON0.63%CONSTRUCTION1.73%
    NEW0.63%CARE1.73%
    CENTRE0.63%BUSINESS1.71%
    PARTNERS0.63%CONSULTANTS1.68%
    HERTFORD0.63%GLOBAL1.58%
    WHITE0.50%INVESTMENTS1.56%
    GROUP0.50%PROPERTIES1.54%
    PROPERTIES0.50%ASSOCIATES1.53%
    TONING0.50%J1.51%
    PROPERTY0.50%MEDIA1.50%
    MEDIA0.50%IT1.35%
    HOME0.50%DEVELOPMENTS1.23%
    PRODUCTIONS0.50%M1.23%
    COMMUNICATIONS0.38%BUILDING1.21%
    FUTURE0.38%ELECTRICAL1.20%
    ENGINEERING0.38%CAPITAL1.19%
    DRINKS0.38%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied144266,814
    82990 - Other business support service activities not elsewhere classified8555,342
    70229 - Management consultancy activities other than financial management5736,164
    99999 - Dormant Company3646,762
    96090 - Other service activities not elsewhere classified2726,001
    62020 - Information technology consultancy activities2127,183
    74909 - Other professional, scientific and technical activities not elsewhere classified1918,034
    41100 - Development of building projects159,485
    43390 - Other building completion and finishing125,405
    69201 - Accounting and auditing activities117,075
    74990 - Non-trading company1114,223
    86900 - Other human health activities109,543
    62090 - Other information technology service activities1012,511
    56302 - Public houses and bars95,503
    98000 - Residents property management94,710
    43210 - Electrical installation95,730
    96020 - Hairdressing and other beauty treatment96,000
    74100 - specialised design activities84,309
    49410 - Freight transport by road87,333
    43999 - Other specialised construction activities not elsewhere classified87,823

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08800657 COUSINS SAFETY LIMITED 03 Dec 2013
    08805909 TRANSITIONS RESIDENTIAL THERAPEUTIC COMMUNITIES 06 Dec 2013
    08807452 ALBION CLOSE 05/10/56 LIMITED 09 Dec 2013
    08818858 GRAJAM LTD 18 Dec 2013
    08819368 VK HAIR STYLING LIMITED 18 Dec 2013
    08820406 CHARLIE WHITE LIMITED 19 Dec 2013
    08798066 TRIDENT CLOUD LIMITED 02 Dec 2013
    08799301 ROYSTON (2013) LIMITED 02 Dec 2013
    08806001 PAR SQUARE GOLF LTD 06 Dec 2013
    08808548 THE ROBINSON PARTNERSHIP LIMITED 10 Dec 2013
    08811742 VERVE (BUSHEY) LIMITED 12 Dec 2013
    08814536 GENIX IMAGING LIMITED 13 Dec 2013
    08815344 UK TOAST LIMITED 16 Dec 2013
    08815621 WORKPLACE LED SOLUTIONS LIMITED 16 Dec 2013
    08819753 MUTUAL AWARENESS LTD 18 Dec 2013
    08822763 CARDIO SURGICAL SOLUTIONS LTD 20 Dec 2013
    08825374 SILVERLOGIC LTD 24 Dec 2013