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
New Company Registrations
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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) Hertford UK 2014 125 150,722 2013 123 134,802 % change 1.6% 11.8% Record Year 2014 (125) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 45 43 37 New companies in 2013 35 48 40 % change 28.6% -10.4% -7.5% Record Year 2014 (45) 2013 (48) 2003 (61)
Closed Companies (dissolved)
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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) Hertford UK 2014 69 82,370 2013 66 77,914 % change 4.5% 5.7% Record Year 2011 (84) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 25 18 26 Closed companies in 2013 21 20 25 % change 19.0% -10.0% 4% Record Year 2011 (27) 2011 (27) 2009 (37)
Net Company Growth
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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) Hertford UK 2014 56 68,352 2013 57 56,888 Record Year 2007 (74) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 20 25 11 Net growth in 2013 14 28 15 Record Year 2014 (20) 2013 (28) 2003 (45)
UK Company Share
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 20.4% -17.2% -22.8% Record Year 1992 (0.2%) 1995 (0.1%) 2003 (0.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.13% CONSULTING 5.22% MANAGEMENT 1.50% MANAGEMENT 4.67% INVESTMENTS 1.13% CONSULTANCY 3.49% CONSULTANCY 0.88% PROPERTY 2.64% HERTFORD 0.88% TRADING 2.05% ASSOCIATES 0.88% LONDON 1.88% CARE 0.75% ENGINEERING 1.86% PROPERTY 0.75% CARE 1.79% NEW 0.75% CONSTRUCTION 1.75% M 0.75% DESIGN 1.75% CAPITAL 0.75% CONSULTANTS 1.73% DESIGN 0.75% BUSINESS 1.71% LONDON 0.75% PROPERTIES 1.60% BUILDING 0.63% INVESTMENTS 1.60% PRODUCTIONS 0.63% GLOBAL 1.58% GROUP 0.63% J 1.48% TONING 0.50% ASSOCIATES 1.48% CENTRE 0.50% MEDIA 1.48% CONTRACTORS 0.50% IT 1.33% WHITE 0.50% TRANSPORT 1.30% FOOD 0.50% DEVELOPMENTS 1.29% PROPERTIES 0.50% BUILDING 1.24% ERA 0.50% M 1.21% PARTNERS 0.50% CAPITAL 1.20% R 0.50% ELECTRICAL 1.19%
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 156 280,210 82990 - Other business support service activities not elsewhere classified 92 56,411 70229 - Management consultancy activities other than financial management 61 37,882 99999 - Dormant Company 37 47,084 96090 - Other service activities not elsewhere classified 25 26,700 62020 - Information technology consultancy activities 23 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 22 18,491 41100 - Development of building projects 14 9,855 74990 - Non-trading company 13 14,135 43390 - Other building completion and finishing 12 5,521 96020 - Hairdressing and other beauty treatment 10 6,236 62090 - Other information technology service activities 10 12,813 69201 - Accounting and auditing activities 10 7,313 98000 - Residents property management 9 4,832 56302 - Public houses and bars 9 5,732 47910 - Retail sale via mail order houses or via Internet 9 9,358 43210 - Electrical installation 8 5,885 86900 - Other human health activities 8 10,273 49410 - Freight transport by road 8 8,014 45200 - Maintenance and repair of motor vehicles 8 5,130
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08875134 HERTFORD PHOTOS LTD. 04 Feb 2014 08875405 MAK PRODUCTION LIMITED 04 Feb 2014 08881120 PROTECT CARE (UK) LTD 07 Feb 2014 08894221 TRC COACHING LIMITED 13 Feb 2014 08897925 KATIE VICTORIA WHITE LIMITED 17 Feb 2014 08898573 STIRLING FOREIGN EXCHANGE LTD 17 Feb 2014 08899814 NEW ERA DISTRIBUTION LIMITED 18 Feb 2014 08900790 GAVIN NORTH LIMITED 18 Feb 2014 08901537 DPSA DEVELOPMENTS LTD 19 Feb 2014 08902586 OPERAE CONSULTING LIMITED 19 Feb 2014 08905054 HERTFORD GARAGE LTD 20 Feb 2014 08906684 MONTGO BIOTECH LIMITED 21 Feb 2014 08907588 NEW ERA HR SUPPORT LIMITED 24 Feb 2014 08876788 CAPITAL ALLOWANCE SPECIALISTS LIMITED 05 Feb 2014 08877353 ESSC DESIGN STUDIOS LIMITED 05 Feb 2014 08880116 RACING ASPIRATIONS LIMITED 06 Feb 2014 08881103 TGH CHAUFFEURS LTD 07 Feb 2014 08884780 SHIELD GROUP INVESTMENTS LIMITED 10 Feb 2014 OC391511 BUILDSTAR LLP 26 Feb 2014 08890176 IL FOOD LIMITED 12 Feb 2014 08901005 ANDREWTHINGS LTD 18 Feb 2014 08901691 DC PERFORMANCE COACHING LIMITED 19 Feb 2014 08904178 CARE IN HERTS LIMITED 20 Feb 2014 08906001 HARDEN CONSULTING LTD 21 Feb 2014 08911179 BOURNE GROVE LIMITED 25 Feb 2014
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