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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

  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. 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)HertfordshireUK
    20126,905253,150
    20116,336228,735
    % change9.0%10.7%
    Record Year2007 (8,283)2007 (279,097)
    New Companies by Half Year
  2. 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)HertfordshireUK
    20123,357121,659
    20113,128112,344
    % change7.3%8.3%
    Record Year 2007 (3,519) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 20121,0901,2251,042
    New companies in 20119749731,181
    % change11.9%25.9%-11.8%
    Record Year2007 (1,493)2012 (1,225)2011 (1,181)

Closed Companies (dissolved)

  1. 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)HertfordshireUK
    20123,745147,793
    20114,036162,310
    % change-7.2%-8.9%
    Record Year2009 (9,075)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)HertfordshireUK
    20122,02780,217
    20111,74171,324
    % change16.4%12.5%
    Record Year 2009 (5,212) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012599775653
    Closed companies in 2011366784591
    % change63.7%-1.1%10%
    Record Year2009 (1,448)2009 (2,382)2009 (1,382)

Net Company Growth

  1. 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)HertfordshireUK
    20123,160105,357
    20112,30066,425
    Record Year2007 (5,514)2007 (171,296)
    Net Growth by Half Year
  2. 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)HertfordshireUK
    20121,33041,442
    20111,38741,020
    Record Year 2007 (2,210) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012491450389
    Net growth in 2011608189590
    Record Year2007 (1,203)2007 (535)2008 (672)

UK Company Share

  1. 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
    20122.7%
    20112.8%
    20102.8%
    20092.8%
    20082.7%
    Record Year (since 1960) 1960 (3.7%)
    Company Share by Half Year
  2. 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
    20122.8%
    20112.8%
    20102.8%
    20092.8%
    20082.7%
    Record Year (since 1960) 1960 (3.9%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20122.7%2.8%2.8%
    UK formation share in 20112.8%2.6%3.0%
    % change-5.8%10.4%-5.8%
    Record Year1960 (5.0%)1965 (3.9%)1974 (3.9%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.02%CONSULTING5.07%
    MANAGEMENT2.77%MANAGEMENT4.74%
    CONSULTANCY1.74%CONSULTANCY3.28%
    ASSOCIATES1.19%PROPERTY2.35%
    PROPERTY1.13%TRADING2.10%
    CONSTRUCTION1.09%DESIGN1.89%
    CONSULTANTS0.95%ENGINEERING1.87%
    SALES0.87%ASSOCIATES1.82%
    BUSINESS0.87%CONSULTANTS1.78%
    LONDON0.80%CONSTRUCTION1.71%
    J0.79%BUSINESS1.70%
    IT0.79%MEDIA1.69%
    TRADING0.77%LONDON1.68%
    DESIGN0.74%J1.57%
    MEDIA0.74%GLOBAL1.51%
    GLOBAL0.71%INVESTMENTS1.48%
    INVESTMENTS0.71%IT1.42%
    M0.66%CARE1.31%
    ENTERPRISES0.61%PROPERTIES1.31%
    SYSTEMS0.59%M1.26%
    PROPERTIES0.56%ELECTRICAL1.23%
    MEDICAL0.56%BUILDING1.23%
    CAPITAL0.55%SECURITY1.19%
    CARE0.55%S1.18%
    BUILDING0.54%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,026244,457
    7487 - Other business activities1,24647,029
    82990 - Other business support service activities not elsewhere classified95135,447
    70229 - Management consultancy activities other than financial management83720,390
    62020 - Information technology consultancy activities67215,280
    99999 - Dormant Company59426,088
    96090 - Other service activities not elsewhere classified41914,220
    7414 - Business & management consultancy39910,978
    9999 - Dormant Company34516,469
    74909 - Other professional, scientific and technical activities not elsewhere classified32910,271
    7222 - Other software consultancy and supply3056,356
    74990 - Non-trading company2939,706
    62090 - Other information technology service activities2678,258
    9305 - Other service activities2227,926
    7499 - Non-trading company2088,023
    7260 - Other computer related activities1786,456
    98000 - Residents property management1703,001
    41100 - Development of building projects1445,149
    62012 - Business and domestic software development1414,742
    4521 - General construction & civil engineering1364,644

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08014841 LOTUS IMAGING LIMITED 02 Apr 2012
    08015225 DEVRISLER LIMITED 02 Apr 2012
    08015347 DEFINITIVE COMMERCIAL LIMITED 02 Apr 2012
    08017880 COULTON CONSULTANTS LIMITED 03 Apr 2012
    08019131 LM JORDAN LIMITED 04 Apr 2012
    08021468 Q GRAND LTD 05 Apr 2012
    08022376 LONDON CALLING A1 LIMITED 05 Apr 2012
    08025346 HOW'S THAT FOR FANCY DRESS LTD 11 Apr 2012
    08028375 FLEETVILLE TRUST 12 Apr 2012
    08029465 VORTEX TRADING LIMITED 13 Apr 2012
    08037182 GLENWOOD INVESTMENT SOLUTIONS LIMITED 19 Apr 2012
    08040700 BIGGER DIFFERENCE LIMITED 23 Apr 2012
    08043009 CD - ITSUPPLIES LIMITED 24 Apr 2012
    08043073 GBS 2012 LIMITED 24 Apr 2012
    08046133 TDW CONSTRUCTION LTD 25 Apr 2012
    08016992 GP&CP FINANCIAL SERVICES LIMITED 03 Apr 2012
    08028217 E-TEEOFF LTD 12 Apr 2012
    08032932 GARADAHA LIMITED 17 Apr 2012
    08033403 MSP PLASTERING LIMITED 17 Apr 2012
    08035590 OXFORD CONTENT COMPANY LIMITED 18 Apr 2012
    08035759 MORAND LIMITED 18 Apr 2012
    OC374802 ANOTHER WORLD ADVENTURES LLP 27 Apr 2012
    08028085 LOKMAN TRAINING LTD 12 Apr 2012
    08036662 ISTHMIAN BASKETBALL LIMITED 18 Apr 2012
    08043167 TERRIER PROPERTY SERVICES LTD 24 Apr 2012