Hertfordshire

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in Hertfordshire when compared to any previous September.
  • July 2012 saw a new record in company registrations in Hertfordshire when compared to any previous July.

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. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.

    A total of 3,166 companies were registered in Hertfordshire during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 5.0% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HertfordshireUK
    20123,166118,868
    20113,015114,512
    % change5.0%3.8%
    Record Year 2012 (3,166) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    September 2012 saw a new record in company registrations in Hertfordshire when compared to any previous September.

    July 2012 saw a new record in company registrations in Hertfordshire when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 20121,1439831,040
    New companies in 20119949911,030
    % change15.0%-0.8%1.0%
    Record Year2012 (1,143)2011 (991)2012 (1,040)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 1,908 companies were dissolved in Hertfordshire during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 8.8% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HertfordshireUK
    20121,90874,772
    20111,75472,230
    % change8.8%3.5%
    Record Year 2009 (3,675) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012692668548
    Closed companies in 2011574616564
    % change20.6%8.4%-3%
    Record Year2003 (734)2008 (1,659)2009 (1,786)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Hertfordshire during the third quarter of 2012 (Jul 2012 - Sep 2012) was 1,258 companies.

    third quarter (Jul 2012 - Sep 2012)HertfordshireUK
    20121,25844,096
    20111,26142,282
    Record Year 2011 (1,261) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012451315492
    Net growth in 2011420375466
    Record Year2008 (668)2011 (375)2004 (588)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, Hertfordshire formed 2.7% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)Hertfordshire
    20122.7%
    20112.6%
    20102.6%
    20092.6%
    20082.8%
    Record Year (since 1960) 1971 (3.8%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20122.8%2.6%2.6%
    UK formation share in 20112.7%2.6%2.6%
    % change3.2%0.0%-0.1%
    Record Year1961 (5.0%)1960 (4.3%)1971 (4.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 42.9.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Hertfordshire was in 1862 when 50.0% of all directors were female.

    27.4% of all director appointments in Hertfordshire in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING3.16%CONSULTING5.06%
    MANAGEMENT2.69%MANAGEMENT4.77%
    CONSULTANCY1.66%CONSULTANCY3.29%
    ASSOCIATES1.22%PROPERTY2.36%
    PROPERTY1.12%TRADING2.08%
    CONSTRUCTION1.09%DESIGN1.87%
    CONSULTANTS1.03%ASSOCIATES1.83%
    IT0.83%ENGINEERING1.83%
    SALES0.82%CONSULTANTS1.76%
    BUSINESS0.79%BUSINESS1.72%
    TRADING0.77%CONSTRUCTION1.70%
    DESIGN0.77%MEDIA1.68%
    LONDON0.76%LONDON1.67%
    MEDIA0.73%J1.55%
    GLOBAL0.69%GLOBAL1.54%
    J0.66%INVESTMENTS1.47%
    PROPERTIES0.63%IT1.43%
    INVESTMENTS0.63%PROPERTIES1.34%
    M0.59%CARE1.32%
    ELECTRICAL0.58%M1.27%
    CARE0.56%BUILDING1.22%
    SYSTEMS0.55%ENTERPRISES1.21%
    MEDICAL0.53%ELECTRICAL1.20%
    MARKETING0.51%S1.17%
    PROJECTS0.51%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,668228,243
    82990 - Other business support service activities not elsewhere classified1,34350,446
    70229 - Management consultancy activities other than financial management1,17328,990
    62020 - Information technology consultancy activities95121,969
    99999 - Dormant Company83437,912
    96090 - Other service activities not elsewhere classified61220,742
    7487 - Other business activities44016,361
    74909 - Other professional, scientific and technical activities not elsewhere classified42414,809
    62090 - Other information technology service activities38811,950
    74990 - Non-trading company37413,641
    41100 - Development of building projects2267,545
    62012 - Business and domestic software development2166,943
    98000 - Residents property management2154,205
    86900 - Other human health activities1887,550
    86101 - Hospital activities1842,117
    69201 - Accounting and auditing activities1845,935
    43999 - Other specialised construction activities not elsewhere classified1646,008
    43390 - Other building completion and finishing1564,705
    43210 - Electrical installation1495,151
    41202 - Construction of domestic buildings1384,591

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC376611 WEAL PRODUCT LLP 03 Jul 2012
    08127914 M.J.V. & CO. ACCOUNTANTS LIMITED 03 Jul 2012
    08130881 PCB IT SOLUTIONS LTD 05 Jul 2012
    OC376929 JMAC (CONSTRUCTION SERVICES) LLP 13 Jul 2012
    08142338 A R EVANS (UK) LIMITED 13 Jul 2012
    08152593 FIRSTPOINT HEALTH LIMITED 23 Jul 2012
    08155511 DIEDPRETTY LIMITED 24 Jul 2012
    OC377253 CMB ADELAIDE LLP 26 Jul 2012
    08160166 WASASTAR LIMITED 27 Jul 2012
    08160543 EVOLVE WITH DARWIN LIMITED 30 Jul 2012
    08161931 TF CONSULTING LTD 30 Jul 2012
    08126390 POWERWORKS UK ELECTRICAL SERVICES LIMITED 02 Jul 2012
    08131043 MZAKRIA AND COMPANY LTD 05 Jul 2012
    08136449 MHR MEDICAL LTD 10 Jul 2012
    08139332 TAYLOR WALSH LTD 11 Jul 2012
    08148807 FEDORYK MEDICAL LTD 19 Jul 2012
    08149458 REHCRA LIMITED 19 Jul 2012
    08132532 THE BUBBLEFROOT COMPANY LIMITED 05 Jul 2012
    08143858 CANDY STRIPE PARTY LIMITED 16 Jul 2012
    08150316 YELLOW SAND LIMITED 19 Jul 2012
    08152577 ALBAN AEROCONSULTING LIMITED 23 Jul 2012
    OC377208 BULMER PROPERTY LLP 25 Jul 2012
    08161686 KRISHSUBRA HEALTHCARE LIMITED 30 Jul 2012
    08125687 BALI SPA LIMITED 02 Jul 2012
    08128745 JLTEK LIMITED 03 Jul 2012