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
    OC378153 VALEO INVEST LLP 04 Sep 2012
    08203826 NATASHA LOAKES LIMITED 06 Sep 2012
    08208629 ECHELON HOUSING LTD 10 Sep 2012
    08214792 JB IT CONSULTANCY LIMITED 14 Sep 2012
    08221723 HENMID LTD 20 Sep 2012
    08223137 LORIMER PROPERTIES LIMITED 20 Sep 2012
    08230058 SPECIALTY DIAGNOSTIX LIMITED 26 Sep 2012
    08199014 EXSIGHT CONSULTING LIMITED 03 Sep 2012
    08201215 COUTURE HAIR LTD 04 Sep 2012
    08219306 JOEBOV LTD 18 Sep 2012
    08226043 SINGLE SYMBOL LIMITED 24 Sep 2012
    08227352 S E LOCATION ENGINEERING LTD 25 Sep 2012
    08229621 OVENTUS PROPERTIES LIMITED 26 Sep 2012
    08198377 INDIGO SQUARE CONSULTING LTD 03 Sep 2012
    08200779 VINTAGE VI LIMITED 04 Sep 2012
    08200970 ALBINONI LTD 04 Sep 2012
    08205711 TLC CAFE/DELI LIMITED 07 Sep 2012
    08209977 ZAVANNA LIMITED 11 Sep 2012
    08209989 ALLEGRO ENTERTAINMENT & MANAGEMENT LTD 11 Sep 2012
    08218139 JIM MORRIS CONSULTANCY LIMITED 18 Sep 2012
    08220323 KB-LABS LIMITED 19 Sep 2012
    08223641 AIRWIN CONSULTING LIMITED 21 Sep 2012
    08229838 TORUS SURVEY & CAD SOLUTIONS LIMITED 26 Sep 2012
    08229901 VEVA RENTALS LIMITED 26 Sep 2012
    08212914 ALEX BLACKBURN LTD 13 Sep 2012