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
    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