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
    09373831 EQUINOX PLANNING AND DEVELOPMENT LIMITED 05 Jan 2015
    09377221 WALL HOUSE MANAGEMENT LIMITED 07 Jan 2015
    09382045 SAW THAT LIMITED 09 Jan 2015
    09390501 FINANCIAL MARKETS CONSULTING AND RESOURCING LTD 15 Jan 2015
    09390860 STAR EXPRESS FREIGHT LIMITED 15 Jan 2015
    09407117 KIFF AUTOS LTD 26 Jan 2015
    09374690 BUDGET TYRE SALES LTD 06 Jan 2015
    09376577 TRIGONE DESIGN LTD 06 Jan 2015
    09379364 THE LOAN COMPANY (HERTFORD ) LTD 08 Jan 2015
    09380750 FLOATING UK LIMITED 09 Jan 2015
    09382553 JOLLY PARTNERSHIP LIMITED 12 Jan 2015
    09382759 PITCH STARS LIMITED 12 Jan 2015
    09385186 ORBIT FLOAT LIMITED 12 Jan 2015
    09385710 UK LANDSCAPES CONSTRUCTION LIMITED 13 Jan 2015
    09386961 MG MOTOR SALES LIMITED 13 Jan 2015
    09391398 SCARLET ROSE 2015 LIMITED 15 Jan 2015
    09391531 CREPUSCULUM BODYCARE LTD 15 Jan 2015
    09394807 SUSANNA LIMITED 19 Jan 2015
    09396811 THE YORKSHIRE NAIL & BEAUTY ACADEMY LTD 20 Jan 2015
    09397071 MOLTEN POT LIMITED 20 Jan 2015
    09405105 EDEN TOBERMORY LIMITED 26 Jan 2015
    09406413 LIVE MUSIC PHOTO LIMITED 26 Jan 2015
    09408150 SYMCO PARTNERS LIMITED 27 Jan 2015
    09409221 AWARD LEGAL COSTS LTD 27 Jan 2015
    09414809 DSC CARPENTRY LTD 30 Jan 2015