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
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 07938234 THREE LITTLE MAGPIES LIMITED 06 Feb 2012 07939159 CAR NEEDS (WELWYN) LIMITED 07 Feb 2012 07941136 NGAKA LTD 08 Feb 2012 07948404 SHERRARDS LEGAL SERVICES LTD 14 Feb 2012 07949683 LOVELY ACCESSORIES LIMITED 14 Feb 2012 07952109 MRC BUSINESS SERVICES LTD 16 Feb 2012 07952789 TANISKA RESTAURANTS LIMITED 16 Feb 2012 07955440 PRINT AND WEB SHOP LTD 20 Feb 2012 07955945 ROCK & POP LTD 20 Feb 2012 07959243 BELLE INVESTMENTS LTD 21 Feb 2012 07963818 NICK SALISBURY ASSOCIATES LIMITED 24 Feb 2012 OC371988 TAKE SEVEN LLP 01 Feb 2012 07932000 CLOUD BASE RECRUITMENT LIMITED 01 Feb 2012 07935706 XSCO LTD 03 Feb 2012 07937851 ORCHID STRUCTURECO 2 LIMITED 06 Feb 2012 07944251 SOL PROJECTS LTD 09 Feb 2012 07962433 TWIN FINISHES LTD 23 Feb 2012 07969672 A CLICK AWAY IT SOLUTIONS LTD 29 Feb 2012 07930976 PROCUREMATRIX LIMITED 01 Feb 2012 07939621 MAB EDWARDS LTD 07 Feb 2012 07942058 C T ENGINEERING SERVICES LTD 08 Feb 2012 07942290 TGS CONSULTING LTD 09 Feb 2012 07944647 SOLLEONI LIMITED 10 Feb 2012 07946231 CCH HAULAGE LIMITED 10 Feb 2012 07956511 YOUGHAL BARS LIMITED 20 Feb 2012
reports
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