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Hertfordshire
Q1 2012 Business Confidence Report
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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
New Company Registrations
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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) Hertfordshire UK 2012 3,548 131,491 2011 3,208 116,391 % change 10.6% 13.0% Record Year 2007 (4,764) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 1,075 1,260 1,213 New companies in 2011 949 1,056 1,203 % change 13.3% 19.3% 0.8% Record Year 2012 (1,075) 2012 (1,260) 2007 (2,674)
Closed Companies (dissolved)
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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) Hertfordshire UK 2012 1,718 67,576 2011 2,295 90,986 % change -25.1% -25.7% Record Year 2009 (3,863) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 551 590 577 Closed companies in 2011 913 644 738 % change -39.6% -8.4% -22% Record Year 2011 (913) 2009 (793) 2009 (2,528)
Net Company Growth
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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) Hertfordshire UK 2012 1,830 63,915 2011 913 25,405 Record Year 2007 (3,304) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2012 524 670 636 Net growth in 2011 36 412 465 Record Year 2012 (524) 2012 (670) 2007 (2,203)
UK Company Share
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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 2012 2.7% 2011 2.8% 2010 2.8% 2009 2.7% 2008 2.8% Record Year (since 1960) 1970 (3.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 2.7% 2.9% 2.5% UK formation share in 2011 2.8% 2.8% 2.7% % change -2.9% 2.1% -5.7% Record Year 1967 (4.2%) 1971 (4.6%) 1963 (4.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.94% CONSULTING 5.07% MANAGEMENT 2.67% MANAGEMENT 4.74% CONSULTANCY 1.77% CONSULTANCY 3.30% PROPERTY 1.18% PROPERTY 2.37% ASSOCIATES 1.18% TRADING 2.07% CONSTRUCTION 0.98% DESIGN 1.93% SALES 0.97% ENGINEERING 1.86% BUSINESS 0.89% ASSOCIATES 1.84% CONSULTANTS 0.88% CONSULTANTS 1.79% INVESTMENTS 0.79% BUSINESS 1.73% MEDIA 0.77% MEDIA 1.72% DESIGN 0.75% CONSTRUCTION 1.72% J 0.74% LONDON 1.66% TRADING 0.73% J 1.54% LONDON 0.72% INVESTMENTS 1.51% ENTERPRISES 0.70% GLOBAL 1.50% IT 0.70% IT 1.40% GLOBAL 0.63% CARE 1.34% M 0.63% PROPERTIES 1.31% PROPERTIES 0.58% ELECTRICAL 1.27% BUILDING 0.58% M 1.27% ELECTRICAL 0.57% BUILDING 1.24% CAPITAL 0.57% ENERGY 1.20% TRADE 0.56% S 1.20% SYSTEMS 0.56% ENTERPRISES 1.19%
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 5,076 216,665 7487 - Other business activities 1,387 52,735 82990 - Other business support service activities not elsewhere classified 968 35,233 70229 - Management consultancy activities other than financial management 832 19,704 62020 - Information technology consultancy activities 652 14,303 99999 - Dormant Company 588 25,084 7414 - Business & management consultancy 436 12,113 9999 - Dormant Company 418 18,617 96090 - Other service activities not elsewhere classified 409 13,637 7222 - Other software consultancy and supply 332 6,934 74909 - Other professional, scientific and technical activities not elsewhere classified 309 9,892 74990 - Non-trading company 296 9,729 62090 - Other information technology service activities 259 8,145 9305 - Other service activities 243 8,818 7499 - Non-trading company 233 9,102 7260 - Other computer related activities 206 7,154 98000 - Residents property management 170 3,050 4521 - General construction & civil engineering 151 5,169 86900 - Other human health activities 137 5,066 69201 - Accounting and auditing activities 134 4,132
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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