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Hertfordshire

Q1 2012 Business Confidence Report

Headlines

  • February 2012 saw a new record in company registrations in Hertfordshire when compared to any previous February.
  • January 2012 saw a new record in company registrations in Hertfordshire when compared to any previous January.
  • February 2012 saw a new record in net growth in Hertfordshire when compared to any previous February.
  • January 2012 saw a new record in net growth in Hertfordshire when compared to any previous January.

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 2012)

    A total of 3,548 companies were registered in Hertfordshire during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 10.6% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)HertfordshireUK
    20123,548131,491
    20113,208116,391
    % change10.6%13.0%
    Record Year 2007 (4,764) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Hertfordshire when compared to any previous February.

    January 2012 saw a new record in company registrations in Hertfordshire when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20121,0751,2601,213
    New companies in 20119491,0561,203
    % change13.3%19.3%0.8%
    Record Year2012 (1,075)2012 (1,260)2007 (2,674)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 1,718 companies were dissolved in Hertfordshire during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 25.1% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)HertfordshireUK
    20121,71867,576
    20112,29590,986
    % change-25.1%-25.7%
    Record Year 2009 (3,863) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012551590577
    Closed companies in 2011913644738
    % change-39.6%-8.4%-22%
    Record Year2011 (913)2009 (793)2009 (2,528)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Hertfordshire during the first quarter of 2012 (Jan 2012 - Mar 2012) was 1,830 companies.

    first quarter (Jan 2012 - Mar 2012)HertfordshireUK
    20121,83063,915
    201191325,405
    Record Year 2007 (3,304) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in Hertfordshire when compared to any previous February.

    January 2012 saw a new record in net growth in Hertfordshire when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012524670636
    Net growth in 201136412465
    Record Year2012 (524)2012 (670)2007 (2,203)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Hertfordshire formed 2.7% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Hertfordshire
    20122.7%
    20112.8%
    20102.8%
    20092.7%
    20082.8%
    Record Year (since 1960) 1970 (3.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20122.7%2.9%2.5%
    UK formation share in 20112.8%2.8%2.7%
    % change-2.9%2.1%-5.7%
    Record Year1967 (4.2%)1971 (4.6%)1963 (4.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 43.7.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Hertfordshire was in 1861 when 40.0% of all directors were female.

    26.1% of all director appointments in Hertfordshire in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING2.94%CONSULTING5.07%
    MANAGEMENT2.67%MANAGEMENT4.74%
    CONSULTANCY1.77%CONSULTANCY3.30%
    PROPERTY1.18%PROPERTY2.37%
    ASSOCIATES1.18%TRADING2.07%
    CONSTRUCTION0.98%DESIGN1.93%
    SALES0.97%ENGINEERING1.86%
    BUSINESS0.89%ASSOCIATES1.84%
    CONSULTANTS0.88%CONSULTANTS1.79%
    INVESTMENTS0.79%BUSINESS1.73%
    MEDIA0.77%MEDIA1.72%
    DESIGN0.75%CONSTRUCTION1.72%
    J0.74%LONDON1.66%
    TRADING0.73%J1.54%
    LONDON0.72%INVESTMENTS1.51%
    ENTERPRISES0.70%GLOBAL1.50%
    IT0.70%IT1.40%
    GLOBAL0.63%CARE1.34%
    M0.63%PROPERTIES1.31%
    PROPERTIES0.58%ELECTRICAL1.27%
    BUILDING0.58%M1.27%
    ELECTRICAL0.57%BUILDING1.24%
    CAPITAL0.57%ENERGY1.20%
    TRADE0.56%S1.20%
    SYSTEMS0.56%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,076216,665
    7487 - Other business activities1,38752,735
    82990 - Other business support service activities not elsewhere classified96835,233
    70229 - Management consultancy activities other than financial management83219,704
    62020 - Information technology consultancy activities65214,303
    99999 - Dormant Company58825,084
    7414 - Business & management consultancy43612,113
    9999 - Dormant Company41818,617
    96090 - Other service activities not elsewhere classified40913,637
    7222 - Other software consultancy and supply3326,934
    74909 - Other professional, scientific and technical activities not elsewhere classified3099,892
    74990 - Non-trading company2969,729
    62090 - Other information technology service activities2598,145
    9305 - Other service activities2438,818
    7499 - Non-trading company2339,102
    7260 - Other computer related activities2067,154
    98000 - Residents property management1703,050
    4521 - General construction & civil engineering1515,169
    86900 - Other human health activities1375,066
    69201 - Accounting and auditing activities1344,132

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07896181 FINNBROS LTD 04 Jan 2012
    07898240 DOMINICBEARDSWORTH LTD 05 Jan 2012
    07905211 WOODLANDS RETIREMENT VILLAGE LIMITED 11 Jan 2012
    07906102 SUMMIT VISION LTD 11 Jan 2012
    07908374 JAYNE BLACKMAN LIMITED 13 Jan 2012
    07908548 AL-BAYYINAH LTD 13 Jan 2012
    07908965 YOUR DOCTOR TODAY LIMITED 13 Jan 2012
    07913300 KERRNAL CRUISERS LIMITED 17 Jan 2012
    07915338 SONAR IMAGING LIMITED 19 Jan 2012
    07917969 THE LEGAL SERVICES SHOP LIMITED 20 Jan 2012
    07920543 OFFSHORE ADMINISTRATION LIMITED 23 Jan 2012
    07921285 PEACUK LTD 24 Jan 2012
    07922878 MIRAMAR FINANCIAL LIMITED 25 Jan 2012
    07927574 ALBAN EVENTS LTD 30 Jan 2012
    07904312 MERIDIAN RECOVERY AUDIT LIMITED 10 Jan 2012
    07904732 STRIKE 1 DEMO LTD 10 Jan 2012
    07907484 DEST LIMITED 12 Jan 2012
    07913080 ARC DOCUMATION LTD 17 Jan 2012
    07911079 JNR & ASSOCIATES LTD 16 Jan 2012
    07913385 HEATFIX TEAM LIMITED 17 Jan 2012
    07917179 OFF THE SHELF SHOPPER INSIGHT LIMITED 20 Jan 2012
    07917197 CJ BRACE CONSULTING LTD 20 Jan 2012
    07920815 GEOTHEO LIMITED 24 Jan 2012
    07894956 JULIET LALL LTD 03 Jan 2012
    07897694 RIDGEWHITE CONSULTANCY LTD 04 Jan 2012