Hertford, Hertfordshire

Q1 2014 Business Confidence Report

Headlines

  • January 2014 saw a new record in company registrations in Hertford when compared to any previous January.
  • January 2014 saw a new record in net growth in Hertford when compared to any previous January.

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 (Q1 Jan-Mar 2014)

    A total of 125 companies were registered in Hertford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 1.6% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HertfordUK
    2014125150,722
    2013123134,802
    % change1.6%11.8%
    Record Year 2014 (125) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company registrations in Hertford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014454337
    New companies in 2013354840
    % change28.6%-10.4%-7.5%
    Record Year2014 (45)2013 (48)2003 (61)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 69 companies were dissolved in Hertford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 4.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HertfordUK
    20146982,370
    20136677,914
    % change4.5%5.7%
    Record Year 2011 (84) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014251826
    Closed companies in 2013212025
    % change19.0%-10.0%4%
    Record Year2011 (27)2011 (27)2009 (37)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Hertford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 56 companies.

    first quarter (Jan 2014 - Mar 2014)HertfordUK
    20145668,352
    20135756,888
    Record Year 2007 (74) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in net growth in Hertford when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014202511
    Net growth in 2013142815
    Record Year2014 (20)2013 (28)2003 (45)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Hertford formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Hertford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change20.4%-17.2%-22.8%
    Record Year1992 (0.2%)1995 (0.1%)2003 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.9.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Hertford was in 2006 when 36.3% of all directors were female.

    30.6% of all director appointments in Hertford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.13%CONSULTING5.22%
    MANAGEMENT1.50%MANAGEMENT4.67%
    INVESTMENTS1.13%CONSULTANCY3.49%
    CONSULTANCY0.88%PROPERTY2.64%
    HERTFORD0.88%TRADING2.05%
    ASSOCIATES0.88%LONDON1.88%
    CARE0.75%ENGINEERING1.86%
    PROPERTY0.75%CARE1.79%
    NEW0.75%CONSTRUCTION1.75%
    M0.75%DESIGN1.75%
    CAPITAL0.75%CONSULTANTS1.73%
    DESIGN0.75%BUSINESS1.71%
    LONDON0.75%PROPERTIES1.60%
    BUILDING0.63%INVESTMENTS1.60%
    PRODUCTIONS0.63%GLOBAL1.58%
    GROUP0.63%J1.48%
    TONING0.50%ASSOCIATES1.48%
    CENTRE0.50%MEDIA1.48%
    CONTRACTORS0.50%IT1.33%
    WHITE0.50%TRANSPORT1.30%
    FOOD0.50%DEVELOPMENTS1.29%
    PROPERTIES0.50%BUILDING1.24%
    ERA0.50%M1.21%
    PARTNERS0.50%CAPITAL1.20%
    R0.50%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied156280,210
    82990 - Other business support service activities not elsewhere classified9256,411
    70229 - Management consultancy activities other than financial management6137,882
    99999 - Dormant Company3747,084
    96090 - Other service activities not elsewhere classified2526,700
    62020 - Information technology consultancy activities2327,750
    74909 - Other professional, scientific and technical activities not elsewhere classified2218,491
    41100 - Development of building projects149,855
    74990 - Non-trading company1314,135
    43390 - Other building completion and finishing125,521
    96020 - Hairdressing and other beauty treatment106,236
    62090 - Other information technology service activities1012,813
    69201 - Accounting and auditing activities107,313
    98000 - Residents property management94,832
    56302 - Public houses and bars95,732
    47910 - Retail sale via mail order houses or via Internet99,358
    43210 - Electrical installation85,885
    86900 - Other human health activities810,273
    49410 - Freight transport by road88,014
    45200 - Maintenance and repair of motor vehicles85,130

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08930173 PLANT GATEWAY LIMITED 10 Mar 2014
    08932738 ADONS HEALTH CARE LTD 11 Mar 2014
    08933345 FX BIKES LIMITED 11 Mar 2014
    08933436 LUSO CONSULTING LTD 11 Mar 2014
    08940903 TORCHLIGHT PRODUCTIONS LTD 17 Mar 2014
    08941414 ATOMIC LEVEL FILMS LTD 17 Mar 2014
    08955716 MOUNT PLEASANT MANOR LIMITED 24 Mar 2014
    08921601 BELLE MAISON SOLUTIONS LIMITED 04 Mar 2014
    08930445 ENVIROLIGHT LIMITED 10 Mar 2014
    08931935 GOLDING'S LAND INVESTMENTS LTD 10 Mar 2014
    08933606 ROBERT BENNETT ASSOCIATES LIMITED 11 Mar 2014
    08937114 SLATER RESOURCES LTD 13 Mar 2014
    08937525 DARKCHILD PRODUCTIONS LTD 13 Mar 2014
    08939767 HERTSTRADE LTD 14 Mar 2014
    08940948 JDQSW LIMITED 17 Mar 2014
    08940997 TE RINTOUL SERVICES LTD 17 Mar 2014
    08941190 SCOTT TRENDALL LIMITED 17 Mar 2014
    08947674 PROTEIN BULK LIMITED 19 Mar 2014
    08951744 RED BOX INTERIOR SOLUTIONS LIMITED 21 Mar 2014
    08955416 SUITED LIMITED 24 Mar 2014
    08955563 MARQUEZ LIMITED 24 Mar 2014
    08955989 N. REYNOLDS LTD 24 Mar 2014
    08961732 ESTATE AGENT SIGNS LTD 27 Mar 2014
    08965425 C LONDON ARTWORKS LIMITED 28 Mar 2014
    08967946 ENVIROCOPY LIMITED 31 Mar 2014