Hertford, Hertfordshire

Q1 2015 Business Confidence Report

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 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)HertfordUK
    2015128161,156
    2014125150,722
    % change2.4%6.9%
    Record Year 2015 (128) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015404444
    New companies in 2014454337
    % change-11.1%2.3%18.9%
    Record Year2014 (45)2013 (48)2003 (61)

Closed Companies (dissolved)

  1. 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)HertfordUK
    20157389,523
    20146982,370
    % change5.8%8.7%
    Record Year 2011 (84) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015252226
    Closed companies in 2014251826
    % change0.0%22.2%0%
    Record Year2011 (27)2011 (27)2009 (37)

Net Company Growth

  1. 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)HertfordUK
    20155571,633
    20145668,352
    Record Year 2007 (74) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015152218
    Net growth in 2014202511
    Record Year2014 (20)2013 (28)2003 (45)

UK Company Share

  1. 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
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 2003 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.1%0.1%
    % change-12.8%-5.8%8.4%
    Record Year1992 (0.2%)1995 (0.1%)2003 (0.2%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING1.91%CONSULTING5.23%
    MANAGEMENT1.67%MANAGEMENT4.56%
    ELECTRICAL1.31%CONSULTANCY3.62%
    J1.19%PROPERTY2.72%
    LONDON1.19%CONSTRUCTION2.19%
    HERTFORD1.07%CARE2.13%
    DESIGN0.95%ENGINEERING2.12%
    CONSTRUCTION0.84%LONDON1.91%
    PROPERTIES0.84%TRADING1.88%
    CONSULTANCY0.72%TRANSPORT1.82%
    HEATING0.72%ELECTRICAL1.76%
    GROUP0.60%DESIGN1.65%
    ROAD0.60%PROPERTIES1.63%
    PROPS0.60%CO.,1.58%
    P0.60%J1.55%
    ASSOCIATES0.60%CONSULTANTS1.54%
    CONTRACTORS0.48%BUSINESS1.49%
    PLUMBING0.48%INVESTMENTS1.49%
    FINANCIAL0.48%GLOBAL1.46%
    HOUSE0.48%ASSOCIATES1.44%
    PROMOTIONS0.48%DEVELOPMENTS1.36%
    CREATIVE0.48%BUILDING1.31%
    INVESTMENTS0.48%IT1.30%
    NORTH0.36%MEDIA1.28%
    FOUR0.36%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied139288,953
    82990 - Other business support service activities not elsewhere classified10058,522
    70229 - Management consultancy activities other than financial management5543,081
    99999 - Dormant Company3049,474
    62020 - Information technology consultancy activities2730,825
    74909 - Other professional, scientific and technical activities not elsewhere classified2419,098
    96090 - Other service activities not elsewhere classified1929,218
    62090 - Other information technology service activities1512,862
    43390 - Other building completion and finishing146,052
    47910 - Retail sale via mail order houses or via Internet1310,200
    41100 - Development of building projects1111,863
    74990 - Non-trading company1013,794
    93199 - Other sports activities104,220
    43210 - Electrical installation106,139
    47710 - Retail sale of clothing in specialised stores93,371
    43999 - Other specialised construction activities not elsewhere classified89,080
    86900 - Other human health activities813,990
    45200 - Maintenance and repair of motor vehicles85,392
    68320 - Management of real estate on a fee or contract basis86,154
    43220 - Plumbing, heat and air-conditioning installation75,331

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09416968 LULU COFFEE ROASTERS LTD 02 Feb 2015
    09419945 SMY UK INVESTMENTS CO LTD 03 Feb 2015
    09421336 CODE PROMOTIONS LONDON LTD 04 Feb 2015
    09423576 HANNIBAL CONSULTING LIMITED 05 Feb 2015
    09424199 J FRANLY LIMITED 05 Feb 2015
    09424218 OSBORN SURFACING LIMITED 05 Feb 2015
    09424860 AVERY HOUSE LIMITED 05 Feb 2015
    09426030 MANSIONUK LTD 06 Feb 2015
    09432908 HERTFORD AUTO GARAGE LTD 10 Feb 2015
    09445855 KEEP IT SIMPLE COACHING LIMITED 18 Feb 2015
    09447756 GMS SPV LTD 19 Feb 2015
    09449182 DEAN WATTS HEATING SOLUTIONS LIMITED 19 Feb 2015
    09458706 QUOTE 123 PROP CO LTD 25 Feb 2015
    09420197 PORCERAMIC LIMITED 03 Feb 2015
    09423153 ELLIS HAND CAR WASH LTD 04 Feb 2015
    09429355 THE CAT CAFÉ LTD. 09 Feb 2015
    09437482 P M P ROOFING SERVICES LTD 12 Feb 2015
    09449839 KIN2INK LIMITED 20 Feb 2015
    09450503 HAPPY COUPLE PROPERTIES LIMITED 20 Feb 2015
    09458788 P.B. PLUMBING LIMITED 25 Feb 2015
    09460428 PAUL HEWETT DESIGN LTD 26 Feb 2015
    09461059 TOTAL TRAINING EXPERIENCE LIMITED 26 Feb 2015
    09461290 BH HOMES LTD 26 Feb 2015
    09462438 ORANGE & GREEN PLUMBING & HEATING LTD 27 Feb 2015
    09463553 DAMASOL LTD 27 Feb 2015