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
New Company Registrations
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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) Hertfordshire UK 2012 3,166 118,868 2011 3,015 114,512 % change 5.0% 3.8% Record Year 2012 (3,166) 2012 (118,868) New Companies by Quarter
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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
July August September New companies in 2012 1,143 983 1,040 New companies in 2011 994 991 1,030 % change 15.0% -0.8% 1.0% Record Year 2012 (1,143) 2011 (991) 2012 (1,040)
Closed Companies (dissolved)
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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) Hertfordshire UK 2012 1,908 74,772 2011 1,754 72,230 % change 8.8% 3.5% Record Year 2009 (3,675) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Dissolved Companies by Month
July August September Closed companies in 2012 692 668 548 Closed companies in 2011 574 616 564 % change 20.6% 8.4% -3% Record Year 2003 (734) 2008 (1,659) 2009 (1,786)
Net Company Growth
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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) Hertfordshire UK 2012 1,258 44,096 2011 1,261 42,282 Record Year 2011 (1,261) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 451 315 492 Net growth in 2011 420 375 466 Record Year 2008 (668) 2011 (375) 2004 (588)
UK Company Share
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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 2012 2.7% 2011 2.6% 2010 2.6% 2009 2.6% 2008 2.8% Record Year (since 1960) 1971 (3.8%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 2.8% 2.6% 2.6% UK formation share in 2011 2.7% 2.6% 2.6% % change 3.2% 0.0% -0.1% Record Year 1961 (5.0%) 1960 (4.3%) 1971 (4.2%)
Director Age
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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
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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
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Previous 12 months (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.16% CONSULTING 5.06% MANAGEMENT 2.69% MANAGEMENT 4.77% CONSULTANCY 1.66% CONSULTANCY 3.29% ASSOCIATES 1.22% PROPERTY 2.36% PROPERTY 1.12% TRADING 2.08% CONSTRUCTION 1.09% DESIGN 1.87% CONSULTANTS 1.03% ASSOCIATES 1.83% IT 0.83% ENGINEERING 1.83% SALES 0.82% CONSULTANTS 1.76% BUSINESS 0.79% BUSINESS 1.72% TRADING 0.77% CONSTRUCTION 1.70% DESIGN 0.77% MEDIA 1.68% LONDON 0.76% LONDON 1.67% MEDIA 0.73% J 1.55% GLOBAL 0.69% GLOBAL 1.54% J 0.66% INVESTMENTS 1.47% PROPERTIES 0.63% IT 1.43% INVESTMENTS 0.63% PROPERTIES 1.34% M 0.59% CARE 1.32% ELECTRICAL 0.58% M 1.27% CARE 0.56% BUILDING 1.22% SYSTEMS 0.55% ENTERPRISES 1.21% MEDICAL 0.53% ELECTRICAL 1.20% MARKETING 0.51% S 1.17% PROJECTS 0.51% SECURITY 1.16%
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 5,668 228,243 82990 - Other business support service activities not elsewhere classified 1,343 50,446 70229 - Management consultancy activities other than financial management 1,173 28,990 62020 - Information technology consultancy activities 951 21,969 99999 - Dormant Company 834 37,912 96090 - Other service activities not elsewhere classified 612 20,742 7487 - Other business activities 440 16,361 74909 - Other professional, scientific and technical activities not elsewhere classified 424 14,809 62090 - Other information technology service activities 388 11,950 74990 - Non-trading company 374 13,641 41100 - Development of building projects 226 7,545 62012 - Business and domestic software development 216 6,943 98000 - Residents property management 215 4,205 86900 - Other human health activities 188 7,550 86101 - Hospital activities 184 2,117 69201 - Accounting and auditing activities 184 5,935 43999 - Other specialised construction activities not elsewhere classified 164 6,008 43390 - Other building completion and finishing 156 4,705 43210 - Electrical installation 149 5,151 41202 - Construction of domestic buildings 138 4,591
Recent Companies
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Randomly selected companies from this quarter
reports
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