Hertford, Hertfordshire
Q1 2015 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 128 companies were registered in Hertford during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 2.4% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Hertford UK 2015 128 161,156 2014 125 150,722 % change 2.4% 6.9% Record Year 2015 (128) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 40 44 44 New companies in 2014 45 43 37 % change -11.1% 2.3% 18.9% Record Year 2014 (45) 2013 (48) 2003 (61)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 73 companies were dissolved in Hertford during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 5.8% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Hertford UK 2015 73 89,523 2014 69 82,370 % change 5.8% 8.7% Record Year 2011 (84) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 25 22 26 Closed companies in 2014 25 18 26 % change 0.0% 22.2% 0% Record Year 2011 (27) 2011 (27) 2009 (37)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Hertford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 55 companies.
first quarter (Jan 2015 - Mar 2015) Hertford UK 2015 55 71,633 2014 56 68,352 Record Year 2007 (74) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 15 22 18 Net growth in 2014 20 25 11 Record Year 2014 (20) 2013 (28) 2003 (45)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Hertford formed 0.1% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Hertford 2015 0.1% 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.1% 0.1% UK formation share in 2014 0.1% 0.1% 0.1% % change -12.8% -5.8% 8.4% Record Year 1992 (0.2%) 1995 (0.1%) 2003 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.0.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Hertford was in 2006 when 36.3% of all directors were female.
25.2% of all director appointments in Hertford in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.91% CONSULTING 5.23% MANAGEMENT 1.67% MANAGEMENT 4.56% ELECTRICAL 1.31% CONSULTANCY 3.62% J 1.19% PROPERTY 2.72% LONDON 1.19% CONSTRUCTION 2.19% HERTFORD 1.07% CARE 2.13% DESIGN 0.95% ENGINEERING 2.12% CONSTRUCTION 0.84% LONDON 1.91% PROPERTIES 0.84% TRADING 1.88% CONSULTANCY 0.72% TRANSPORT 1.82% HEATING 0.72% ELECTRICAL 1.76% GROUP 0.60% DESIGN 1.65% ROAD 0.60% PROPERTIES 1.63% PROPS 0.60% CO., 1.58% P 0.60% J 1.55% ASSOCIATES 0.60% CONSULTANTS 1.54% CONTRACTORS 0.48% BUSINESS 1.49% PLUMBING 0.48% INVESTMENTS 1.49% FINANCIAL 0.48% GLOBAL 1.46% HOUSE 0.48% ASSOCIATES 1.44% PROMOTIONS 0.48% DEVELOPMENTS 1.36% CREATIVE 0.48% BUILDING 1.31% INVESTMENTS 0.48% IT 1.30% NORTH 0.36% MEDIA 1.28% FOUR 0.36% M 1.27%
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 139 288,953 82990 - Other business support service activities not elsewhere classified 100 58,522 70229 - Management consultancy activities other than financial management 55 43,081 99999 - Dormant Company 30 49,474 62020 - Information technology consultancy activities 27 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 24 19,098 96090 - Other service activities not elsewhere classified 19 29,218 62090 - Other information technology service activities 15 12,862 43390 - Other building completion and finishing 14 6,052 47910 - Retail sale via mail order houses or via Internet 13 10,200 41100 - Development of building projects 11 11,863 74990 - Non-trading company 10 13,794 93199 - Other sports activities 10 4,220 43210 - Electrical installation 10 6,139 47710 - Retail sale of clothing in specialised stores 9 3,371 43999 - Other specialised construction activities not elsewhere classified 8 9,080 86900 - Other human health activities 8 13,990 45200 - Maintenance and repair of motor vehicles 8 5,392 68320 - Management of real estate on a fee or contract basis 8 6,154 43220 - Plumbing, heat and air-conditioning installation 7 5,331
Recent Companies
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Randomly selected companies from this quarter
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