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

  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 (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)HertfordUK
    2014123143,414
    2013122132,684
    % change0.8%8.1%
    Record Year 2014 (123) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014444237
    New companies in 2013383945
    % change15.8%7.7%-17.8%
    Record Year2014 (44)2011 (48)2013 (45)

Closed Companies (dissolved)

  1. 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)HertfordUK
    201478101,670
    20138486,170
    % change-7.1%18.0%
    Record Year 2009 (96) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014221343
    Closed companies in 2013253722
    % change-12.0%-64.9%95%
    Record Year2009 (31)2008 (57)2009 (47)

Net Company Growth

  1. 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)HertfordUK
    20144541,744
    20133846,514
    Record Year 2014 (45) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 20142229-6
    Net growth in 201313223
    Record Year2014 (22)2014 (29)2013 (23)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1996 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change5.2%2.7%-24.6%
    Record Year1989 (0.3%)2011 (0.1%)1996 (0.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Sep 2013-Sep 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING1.94%CONSULTING5.17%
    MANAGEMENT1.70%MANAGEMENT4.63%
    HERTFORD1.22%CONSULTANCY3.55%
    LONDON0.97%PROPERTY2.62%
    ASSOCIATES0.85%ENGINEERING2.07%
    ELECTRICAL0.85%CONSTRUCTION2.05%
    DESIGN0.73%TRADING2.00%
    INVESTMENTS0.73%LONDON1.95%
    PROPERTY0.73%CARE1.94%
    CARE0.73%TRANSPORT1.76%
    PROPS0.61%DESIGN1.70%
    PROPERTIES0.61%CONSULTANTS1.70%
    DIGITAL0.61%PROPERTIES1.63%
    CONSULTANTS0.49%BUSINESS1.62%
    S0.49%J1.53%
    ROAD0.49%ELECTRICAL1.53%
    WHITE0.49%GLOBAL1.51%
    GROUP0.49%INVESTMENTS1.50%
    CREATIVE0.49%ASSOCIATES1.48%
    COMMUNICATIONS0.49%MEDIA1.38%
    EVENTS0.49%CO.,1.36%
    CONSULTANCY0.49%DEVELOPMENTS1.35%
    R0.49%BUILDING1.30%
    BUILDING0.49%IT1.30%
    OINK0.36%M1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied161278,481
    82990 - Other business support service activities not elsewhere classified9157,264
    70229 - Management consultancy activities other than financial management5540,717
    99999 - Dormant Company3648,286
    74909 - Other professional, scientific and technical activities not elsewhere classified2418,890
    62020 - Information technology consultancy activities2329,313
    96090 - Other service activities not elsewhere classified2228,224
    74990 - Non-trading company1314,006
    43390 - Other building completion and finishing115,786
    41100 - Development of building projects1110,604
    62090 - Other information technology service activities1112,795
    47910 - Retail sale via mail order houses or via Internet119,914
    43210 - Electrical installation105,922
    56101 - Licensed restaurants98,546
    47710 - Retail sale of clothing in specialised stores93,251
    93199 - Other sports activities94,016
    49410 - Freight transport by road89,960
    56302 - Public houses and bars86,056
    69201 - Accounting and auditing activities87,401
    45200 - Maintenance and repair of motor vehicles75,335

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09197455 JIRANI LIMITED 01 Sep 2014
    09200514 FARAM LONDON LIMITED 02 Sep 2014
    09202957 JO BRILEY CONSULTANCY LIMITED 04 Sep 2014
    09207246 CHIMERA CONTRACTING LIMITED 08 Sep 2014
    09216750 MEYER WILLIAMS CA LIMITED 12 Sep 2014
    09226199 SMART GRID REVENUE LTD 19 Sep 2014
    09230548 POLKINGHORNE PROPERTIES LIMITED 23 Sep 2014
    09235123 B J MARINE (U.K.) LTD 25 Sep 2014
    09235968 SORTED VENTURES INTERNATIONAL LIMITED 25 Sep 2014
    09201897 RITA 4 RENT (IHT) LIMITED 03 Sep 2014
    09205643 THE BRIGHTON PLUMBING COMPANY LIMITED 05 Sep 2014
    09205934 PEGS LANE PROMOTIONS LTD 05 Sep 2014
    09206028 GOURMET POULTRY INTERNATIONAL LIMITED 05 Sep 2014
    09207808 NADIA DUNNE PROPS LIMITED 08 Sep 2014
    09208053 L P PALLETT QUARRY (HENHAM) LIMITED 08 Sep 2014
    09210334 FOUR BETWEEN US LTD 09 Sep 2014
    09210661 FORBES OF HERTFORD LIMITED 09 Sep 2014
    09216046 CALA PADA LTD 12 Sep 2014
    09217351 LP FIRE SOLUTIONS LIMITED 15 Sep 2014
    09219633 DANAD DESIGN LIMITED 16 Sep 2014
    09221644 YEARLEY ROOFING SOLUTIONS LIMITED 17 Sep 2014
    09222428 DOWERS KITCHEN INSTALLATIONS LTD 17 Sep 2014
    09228492 SPAMFISH LIMITED 22 Sep 2014
    09232789 MAXITRAX EUROPE LIMITED 24 Sep 2014
    09236785 DENTAL WEALTH BUILDER LIMITED 26 Sep 2014