Hertfordshire
2012 Half Year Business Confidence Report
Headlines
- May 2012 saw a new record in company registrations in Hertfordshire when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 6,905 companies were formed in Hertfordshire. This figure is 9.0% higher than last year, which compares badly to the UK wide figure of 10.7%.
The highest total for a first half year in Hertfordshire occurred in 2007 when a total of 8,283 were formed.
Half Year (Jan-Jun) Hertfordshire UK 2012 6,905 253,150 2011 6,336 228,735 % change 9.0% 10.7% Record Year 2007 (8,283) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 3,357 companies were registered in Hertfordshire during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 7.3% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Hertfordshire UK 2012 3,357 121,659 2011 3,128 112,344 % change 7.3% 8.3% Record Year 2007 (3,519) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in Hertfordshire when compared to any previous May.
New Companies by Month
April May June New companies in 2012 1,090 1,225 1,042 New companies in 2011 974 973 1,181 % change 11.9% 25.9% -11.8% Record Year 2007 (1,493) 2012 (1,225) 2011 (1,181)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 3,745 companies were dissolved in Hertfordshire. This figure is 7.2% lower than last year, which compares badly to the UK wide change of -8.9%.
The highest total for a first half year in Hertfordshire occurred in 2009 when a total of 9,075 were closed.
Half Year (Jan-Jun) Hertfordshire UK 2012 3,745 147,793 2011 4,036 162,310 % change -7.2% -8.9% Record Year 2009 (9,075) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 2,027 companies were dissolved in Hertfordshire during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 16.4% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Hertfordshire UK 2012 2,027 80,217 2011 1,741 71,324 % change 16.4% 12.5% Record Year 2009 (5,212) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 599 775 653 Closed companies in 2011 366 784 591 % change 63.7% -1.1% 10% Record Year 2009 (1,448) 2009 (2,382) 2009 (1,382)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Hertfordshire increased by 3,160 companies.
Half Year (Jan-Jun) Hertfordshire UK 2012 3,160 105,357 2011 2,300 66,425 Record Year 2007 (5,514) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Hertfordshire during the second quarter of 2012 (Apr 2012 - Jun 2012) was 1,330 companies.
second quarter (Apr 2012 - Jun 2012) Hertfordshire UK 2012 1,330 41,442 2011 1,387 41,020 Record Year 2007 (2,210) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 491 450 389 Net growth in 2011 608 189 590 Record Year 2007 (1,203) 2007 (535) 2008 (672)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Hertfordshire formed 2.7% of all UK companies. This is less than the 2011 figure of 2.8%.
Half Year (Jan-Jun) Hertfordshire 2012 2.7% 2011 2.8% 2010 2.8% 2009 2.8% 2008 2.7% Record Year (since 1960) 1960 (3.7%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Hertfordshire formed 2.8% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Hertfordshire 2012 2.8% 2011 2.8% 2010 2.8% 2009 2.8% 2008 2.7% Record Year (since 1960) 1960 (3.9%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 2.7% 2.8% 2.8% UK formation share in 2011 2.8% 2.6% 3.0% % change -5.8% 10.4% -5.8% Record Year 1960 (5.0%) 1965 (3.9%) 1974 (3.9%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 43.5.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 43.2.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Hertfordshire was 1861 when 40.0% of all directors were female.
24.2% of all director appointments in Hertfordshire in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Hertfordshire was in 1866 when 57.1% of all directors were female.
27.2% of all director appointments in Hertfordshire in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.02% CONSULTING 5.07% MANAGEMENT 2.77% MANAGEMENT 4.74% CONSULTANCY 1.74% CONSULTANCY 3.28% ASSOCIATES 1.19% PROPERTY 2.35% PROPERTY 1.13% TRADING 2.10% CONSTRUCTION 1.09% DESIGN 1.89% CONSULTANTS 0.95% ENGINEERING 1.87% SALES 0.87% ASSOCIATES 1.82% BUSINESS 0.87% CONSULTANTS 1.78% LONDON 0.80% CONSTRUCTION 1.71% J 0.79% BUSINESS 1.70% IT 0.79% MEDIA 1.69% TRADING 0.77% LONDON 1.68% DESIGN 0.74% J 1.57% MEDIA 0.74% GLOBAL 1.51% GLOBAL 0.71% INVESTMENTS 1.48% INVESTMENTS 0.71% IT 1.42% M 0.66% CARE 1.31% ENTERPRISES 0.61% PROPERTIES 1.31% SYSTEMS 0.59% M 1.26% PROPERTIES 0.56% ELECTRICAL 1.23% MEDICAL 0.56% BUILDING 1.23% CAPITAL 0.55% SECURITY 1.19% CARE 0.55% S 1.18% BUILDING 0.54% ENTERPRISES 1.17%
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 6,026 244,457 7487 - Other business activities 1,246 47,029 82990 - Other business support service activities not elsewhere classified 951 35,447 70229 - Management consultancy activities other than financial management 837 20,390 62020 - Information technology consultancy activities 672 15,280 99999 - Dormant Company 594 26,088 96090 - Other service activities not elsewhere classified 419 14,220 7414 - Business & management consultancy 399 10,978 9999 - Dormant Company 345 16,469 74909 - Other professional, scientific and technical activities not elsewhere classified 329 10,271 7222 - Other software consultancy and supply 305 6,356 74990 - Non-trading company 293 9,706 62090 - Other information technology service activities 267 8,258 9305 - Other service activities 222 7,926 7499 - Non-trading company 208 8,023 7260 - Other computer related activities 178 6,456 98000 - Residents property management 170 3,001 41100 - Development of building projects 144 5,149 62012 - Business and domestic software development 141 4,742 4521 - General construction & civil engineering 136 4,644
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08093215 ALKON CONSULTING SERVICES INC. LIMITED 01 Jun 2012 08094118 K DOLLING LTD 06 Jun 2012 08095349 CM INC LIMITED 07 Jun 2012 08095782 MCFADDEN CONSULTANTS LTD 07 Jun 2012 OC375920 SJ LIGHTS & INTERIORS LLP 11 Jun 2012 08102462 MVT ROOFING LTD 12 Jun 2012 08102927 NETWORK & SECURITY LIMITED 13 Jun 2012 08106682 JANETTE FLETCHER SONOGRAPHIC SERVICES LIMITED 15 Jun 2012 08116282 GURUTIME LIMITED 22 Jun 2012 08121971 TELEX NI LIMITED 28 Jun 2012 08122791 SIMONE SCOTT WARREN LIMITED 28 Jun 2012 08123699 MUSH MEDIA LIMITED 29 Jun 2012 08095254 DISCOUNT TYRES (ST. ALBANS) LTD 06 Jun 2012 08098403 KHALID COMPANY LTD 08 Jun 2012 08102276 CANDVWEDDINGANDEVENTPLANNING LIMITED 12 Jun 2012 08102378 PRABHACHAMPAK LTD 12 Jun 2012 08108118 CONCRETE ANGELS LIMITED 18 Jun 2012 08109990 REDLABELOUTLET LIMITED 19 Jun 2012 08111974 AZER CONSULTING LIMITED 20 Jun 2012 08119315 WASSERMANN LIMITED 26 Jun 2012 08100254 XENTELIA LIMITED 11 Jun 2012 08106119 RAW FORKLIFT TRAINING LIMITED 14 Jun 2012 08108656 PROJECT KEEN LIMITED 18 Jun 2012 08114506 MILL HILL INNS LIMITED 21 Jun 2012 08119630 VALE INTERWEB LIMITED 26 Jun 2012
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