Hertford, Hertfordshire
2014 Half Year Business Confidence Report
Headlines
- Q2 2014 saw a new record in company registrations in Hertford when compared to any previous Q2.
- June 2014 saw a new record in company registrations in Hertford when compared to any previous June.
- April 2014 saw a new record in net growth in Hertford when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 240 companies were formed in Hertford. This figure is 4.8% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Hertford occurred in 2003 when a total of 241 were formed.
Half Year (Jan-Jun) Hertford UK 2014 240 300,731 2013 229 269,432 % change 4.8% 11.6% Record Year 2003 (241) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Hertford when compared to any previous Q2.
A total of 115 companies were registered in Hertford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 8.5% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertford UK 2014 115 150,009 2013 106 134,630 % change 8.5% 11.4% Record Year 2014 (115) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Hertford when compared to any previous June.
New Companies by Month
April May June New companies in 2014 39 35 41 New companies in 2013 43 29 34 % change -9.3% 20.7% 20.6% Record Year 2013 (43) 2007 (46) 2014 (41)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 145 companies were dissolved in Hertford. This figure is 0.7% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Hertford occurred in 2009 when a total of 215 were closed.
Half Year (Jan-Jun) Hertford UK 2014 145 177,207 2013 144 155,192 % change 0.7% 14.2% Record Year 2009 (215) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 76 companies were dissolved in Hertford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 2.6% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertford UK 2014 76 94,837 2013 78 77,278 % change -2.6% 22.7% Record Year 2009 (144) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 13 36 27 Closed companies in 2013 33 18 27 % change -60.6% 100.0% 0% Record Year 2013 (33) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Hertford increased by 95 companies.
Half Year (Jan-Jun) Hertford UK 2014 95 123,524 2013 85 114,240 Record Year 2003 (156) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Hertford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 39 companies.
second quarter (Apr 2014 - Jun 2014) Hertford UK 2014 39 55,172 2013 28 57,352 Record Year 2007 (68) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in Hertford when compared to any previous April.
Net Growth by Month
April May June Net growth in 2014 26 -1 14 Net growth in 2013 10 11 7 Record Year 2014 (26) 2003 (30) 2008 (35)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Hertford formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Hertford 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2000 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Hertford formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Hertford 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1994 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -18.1% 11.4% 4.5% Record Year 1998 (0.1%) 1994 (0.2%) 1991 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 44.4.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 43.7.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Hertford was 2006 when 34.5% of all directors were female.
29.3% of all director appointments in Hertford in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Hertford was in 2010 when 36.8% of all directors were female.
27.8% of all director appointments in Hertford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.10% CONSULTING 5.16% MANAGEMENT 1.48% MANAGEMENT 4.64% LONDON 1.11% CONSULTANCY 3.50% INVESTMENTS 1.11% PROPERTY 2.66% HERTFORD 0.99% TRADING 2.03% DESIGN 0.99% ENGINEERING 1.99% GROUP 0.74% CONSTRUCTION 1.93% CARE 0.74% LONDON 1.93% ASSOCIATES 0.74% CARE 1.85% ELECTRICAL 0.74% DESIGN 1.75% NEW 0.74% CONSULTANTS 1.73% EVENTS 0.62% BUSINESS 1.69% R 0.62% PROPERTIES 1.63% PRODUCTIONS 0.49% TRANSPORT 1.58% CAPITAL 0.49% GLOBAL 1.55% CONTRACTORS 0.49% INVESTMENTS 1.55% CENTRE 0.49% J 1.51% DIGITAL 0.49% ASSOCIATES 1.48% ERA 0.49% MEDIA 1.44% PROPERTY 0.49% ELECTRICAL 1.40% M 0.49% IT 1.33% COMMUNICATIONS 0.49% DEVELOPMENTS 1.33% PROPERTIES 0.49% BUILDING 1.26% BUILDING 0.49% M 1.24% WHITE 0.49% CO., 1.20%
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 134 261,557 82990 - Other business support service activities not elsewhere classified 98 57,421 70229 - Management consultancy activities other than financial management 63 40,250 99999 - Dormant Company 38 48,436 96090 - Other service activities not elsewhere classified 26 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 24 19,058 62020 - Information technology consultancy activities 23 29,029 74990 - Non-trading company 13 14,351 41100 - Development of building projects 12 10,527 47910 - Retail sale via mail order houses or via Internet 11 9,900 69201 - Accounting and auditing activities 11 7,415 43390 - Other building completion and finishing 11 5,855 56101 - Licensed restaurants 10 8,585 62090 - Other information technology service activities 10 13,024 56302 - Public houses and bars 10 6,099 45200 - Maintenance and repair of motor vehicles 9 5,375 86900 - Other human health activities 9 11,292 43210 - Electrical installation 9 6,050 93199 - Other sports activities 8 4,027 43999 - Other specialised construction activities not elsewhere classified 8 8,533
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08971140 PR PLUMBING GAS AND HEATING LTD 01 Apr 2014 08973056 MARKET SOCIAL LTD 02 Apr 2014 08988391 FORUM VENUE FINDERS LIMITED 09 Apr 2014 08992222 CENTRUS MANAGEMENT COMPANY LIMITED 11 Apr 2014 08993067 SIOBHANNS SWEETS LTD 11 Apr 2014 09006329 CMF CAPITAL LTD 23 Apr 2014 09009947 FEARLESS TRADERS LIMITED 24 Apr 2014 09014762 TAXIS TO LONDON LTD 28 Apr 2014 08969531 CJRK LIMITED 01 Apr 2014 08975329 BRIDGE EVENTS LTD 03 Apr 2014 08979313 MWMN LIMITED 04 Apr 2014 08980789 MARTIN GLAZEBROOK MECHANICAL SERVICES LTD 07 Apr 2014 08981565 1219 RESOURCING LTD 07 Apr 2014 08982581 BAHTIYAR LIMITED 07 Apr 2014 08986737 BUZZ TELEMARKETING LTD 08 Apr 2014 08987236 CODE ALCHEMISTS LIMITED 09 Apr 2014 08987466 BVR CONSULT (UK) LTD 09 Apr 2014 08987792 ACTIVE BODY FITNESS LIMITED 09 Apr 2014 08992900 LEIGHTON JOHN 37410 LIMITED 11 Apr 2014 09002641 RHODES JON 0374 LIMITED 17 Apr 2014 09006472 LP PALLETT READY-MIX LTD 23 Apr 2014 09011662 CAPELLA DEVELOPMENT MANAGEMENT LIMITED 25 Apr 2014 09012652 BOWES CHRIS 0757 LIMITED 25 Apr 2014 09014931 THINKVISION CONSULTING LIMITED 28 Apr 2014 09016362 SMARTLITE LIMITED 29 Apr 2014
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