Hertford, Hertfordshire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Hertford when compared to any previous Q3.
- July 2014 saw a new record in company registrations in Hertford when compared to any previous July.
- August 2014 saw a new record in net growth in Hertford when compared to any previous August.
- July 2014 saw a new record in net growth in Hertford when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Hertford when compared to any previous Q3.
A total of 123 companies were registered in Hertford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 0.8% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Hertford UK 2014 123 143,414 2013 122 132,684 % change 0.8% 8.1% Record Year 2014 (123) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company registrations in Hertford when compared to any previous July.
New Companies by Month
July August September New companies in 2014 44 42 37 New companies in 2013 38 39 45 % change 15.8% 7.7% -17.8% Record Year 2014 (44) 2011 (48) 2013 (45)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 78 companies were dissolved in Hertford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 7.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Hertford UK 2014 78 101,670 2013 84 86,170 % change -7.1% 18.0% Record Year 2009 (96) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
July August September Closed companies in 2014 22 13 43 Closed companies in 2013 25 37 22 % change -12.0% -64.9% 95% Record Year 2009 (31) 2008 (57) 2009 (47)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Hertford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 45 companies.
third quarter (Jul 2014 - Sep 2014) Hertford UK 2014 45 41,744 2013 38 46,514 Record Year 2014 (45) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
August 2014 saw a new record in net growth in Hertford when compared to any previous August.
July 2014 saw a new record in net growth in Hertford when compared to any previous July.
Net Growth by Month
July August September Net growth in 2014 22 29 -6 Net growth in 2013 13 2 23 Record Year 2014 (22) 2014 (29) 2013 (23)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Hertford formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Hertford 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1996 (0.1%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 5.2% 2.7% -24.6% Record Year 1989 (0.3%) 2011 (0.1%) 1996 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 45.3.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Hertford was in 2006 when 35.9% of all directors were female.
27.1% of all director appointments in Hertford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.94% CONSULTING 5.17% MANAGEMENT 1.70% MANAGEMENT 4.63% HERTFORD 1.22% CONSULTANCY 3.55% LONDON 0.97% PROPERTY 2.62% ASSOCIATES 0.85% ENGINEERING 2.07% ELECTRICAL 0.85% CONSTRUCTION 2.05% DESIGN 0.73% TRADING 2.00% INVESTMENTS 0.73% LONDON 1.95% PROPERTY 0.73% CARE 1.94% CARE 0.73% TRANSPORT 1.76% PROPS 0.61% DESIGN 1.70% PROPERTIES 0.61% CONSULTANTS 1.70% DIGITAL 0.61% PROPERTIES 1.63% CONSULTANTS 0.49% BUSINESS 1.62% S 0.49% J 1.53% ROAD 0.49% ELECTRICAL 1.53% WHITE 0.49% GLOBAL 1.51% GROUP 0.49% INVESTMENTS 1.50% CREATIVE 0.49% ASSOCIATES 1.48% COMMUNICATIONS 0.49% MEDIA 1.38% EVENTS 0.49% CO., 1.36% CONSULTANCY 0.49% DEVELOPMENTS 1.35% R 0.49% BUILDING 1.30% BUILDING 0.49% IT 1.30% OINK 0.36% M 1.23%
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 161 278,481 82990 - Other business support service activities not elsewhere classified 91 57,264 70229 - Management consultancy activities other than financial management 55 40,717 99999 - Dormant Company 36 48,286 74909 - Other professional, scientific and technical activities not elsewhere classified 24 18,890 62020 - Information technology consultancy activities 23 29,313 96090 - Other service activities not elsewhere classified 22 28,224 74990 - Non-trading company 13 14,006 43390 - Other building completion and finishing 11 5,786 41100 - Development of building projects 11 10,604 62090 - Other information technology service activities 11 12,795 47910 - Retail sale via mail order houses or via Internet 11 9,914 43210 - Electrical installation 10 5,922 56101 - Licensed restaurants 9 8,546 47710 - Retail sale of clothing in specialised stores 9 3,251 93199 - Other sports activities 9 4,016 49410 - Freight transport by road 8 9,960 56302 - Public houses and bars 8 6,056 69201 - Accounting and auditing activities 8 7,401 45200 - Maintenance and repair of motor vehicles 7 5,335
Recent Companies
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Randomly selected companies from this quarter
reports
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