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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
    08091986 TAYLOR PAIGE & TILLIE LTD 01 Jun 2012
    08092284 COOK INNOVATION SOLUTIONS LIMITED 01 Jun 2012
    08096581 SMARTER ACCESSORIES LIMITED 07 Jun 2012
    08098775 NVT STAFF LIMITED 08 Jun 2012
    08102462 MVT ROOFING LTD 12 Jun 2012
    08103335 TEN 3 CONSULTANCY LIMITED 13 Jun 2012
    08107408 COUNSELLING IN PARTNERSHIP LTD. 15 Jun 2012
    08107664 AMBIJOUX LIMITED 15 Jun 2012
    08107725 THE 3 BREWERS LTD 15 Jun 2012
    OC376285 COMSYS LLP 20 Jun 2012
    08120822 HIRED GOONS LIMITED 27 Jun 2012
    08122791 SIMONE SCOTT WARREN LIMITED 28 Jun 2012
    08104474 VOICENET LIMITED 13 Jun 2012
    08109990 REDLABELOUTLET LIMITED 19 Jun 2012
    08116916 BUNDAS RADIOLOGY LTD 25 Jun 2012
    08117486 D MARRIOTT RARE EDUCATIONAL AND LANGUAGE SERVICES LTD 25 Jun 2012
    08119315 WASSERMANN LIMITED 26 Jun 2012
    08120597 CNM ESTATES (NORBITON) LIMITED 27 Jun 2012
    08095318 POPPYFISH PEOPLE DEVELOPMENT LTD 06 Jun 2012
    08097556 PALLISER FRIEND LIMITED 08 Jun 2012
    08108386 ANDREW KERRY LEGAL SERVICES LIMITED 18 Jun 2012
    08110545 HAMILTON EVENTS MANAGEMENT & OUTSIDE CATERING LTD 19 Jun 2012
    08114506 MILL HILL INNS LIMITED 21 Jun 2012
    08100489 WORKPLACE DRINK SOLUTIONS LTD 11 Jun 2012
    08100694 BARRY HAVES LTD 11 Jun 2012