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 08832033 APPMINDED LTD 06 Jan 2014 08833540 CUT AND CONSTRUCT LTD 06 Jan 2014 08842007 HERTFORDSHIRE HOUSEKEEPING LIMITED 13 Jan 2014 08845916 LIN HARRINGTON CONSULTING LTD 15 Jan 2014 08852933 RED ACORN PROPERTIES LIMITED 20 Jan 2014 08853952 ONE EIGHT DIGITAL LTD 21 Jan 2014 08863695 MEERING NETWORKS LIMITED 27 Jan 2014 08867801 FILMS NOT DEAD LTD. 29 Jan 2014 08872112 GP CARS (4X4) LTD 31 Jan 2014 08829199 K & A FLOORING LTD 02 Jan 2014 08836956 VAPEANDECIGSTORE LTD 08 Jan 2014 08841808 KAPE FASHION LTD 13 Jan 2014 08841953 GARDEN CITY PUB CO LTD 13 Jan 2014 08843073 D & R PROPERTY SERVICES (UK) LIMITED 13 Jan 2014 08844210 SYDNEY MUNCASTER LTD. 14 Jan 2014 08846627 A1R CONSULTANCY SERVICES LIMITED 15 Jan 2014 08847399 JAMJAR KIDS LTD 16 Jan 2014 08851957 PROPERTY BEES LIMITED 20 Jan 2014 08853861 THE GREEN PROPERTY MANAGEMENT LIMITED 21 Jan 2014 08855291 CAVERSHAM INVESTMENTS (LONDON) LIMITED 21 Jan 2014 08862562 PHARMA XP CONSULTING LTD 27 Jan 2014 08864008 PIETRA LARA LIMITED 28 Jan 2014 08865199 RETAIL SALES LTD 28 Jan 2014 08865850 LORD PROJECT SERVICES LTD 28 Jan 2014 08866534 OPERANDO INNOVATION LIMITED 29 Jan 2014
reports
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