Hertfordshire
2012 Annual Business Confidence Report
Headlines
- The second half of 2012 saw a new record in company registrations in Hertfordshire when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Hertfordshire when compared to any previous Q4.
- October 2012 saw a new record in company registrations in Hertfordshire when compared to any previous October.
- October 2012 saw a new record in company closures in Hertfordshire when compared to any previous October.
- The second half of 2012 saw a new record in net growth in Hertfordshire when compared to any previous second half year.
- Q4 2012 saw a new record in net growth in Hertfordshire when compared to any previous Q4.
- November 2012 saw a new record in net growth in Hertfordshire when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
A total of 13,080 companies were formed in Hertfordshire in 2012. This total is 6.8% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Hertfordshire UK 2012 13,080 491,893 2011 12,251 452,870 2010 10,716 400,358 2009 9,816 362,675 2008 9,595 349,203 Record Year 2007 (13,277) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Hertfordshire when compared to any previous second half year.
In the second half of 2012 a total of 6,175 companies were formed in Hertfordshire. This figure is 4.4% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Hertfordshire occurred in 2012 when a total of 6,175 were formed.
Half Year (Jul-Dec) Hertfordshire UK 2012 6,175 238,743 2011 5,915 224,135 % change 4.4% 6.5% Record Year 2012 (6,175) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Hertfordshire when compared to any previous Q4.
A total of 3,009 companies were registered in Hertfordshire during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 3.8% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Hertfordshire UK 2012 3,009 119,875 2011 2,900 109,623 % change 3.8% 9.4% Record Year 2012 (3,009) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company registrations in Hertfordshire when compared to any previous October.
New Companies by Month
October November December New companies in 2012 1,222 1,035 752 New companies in 2011 1,048 1,064 788 % change 16.6% -2.7% -4.6% Record Year 2012 (1,222) 2011 (1,064) 2005 (794)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 7,496 companies were dissolved in Hertfordshire in 2012. This total is 3.8% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Hertfordshire UK 2012 7,496 293,728 2011 7,796 314,524 2010 8,551 342,233 2009 14,987 533,787 2008 5,941 237,873 Record Year 2009 (14,987) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 3,751 companies were dissolved in Hertfordshire. This figure is 0.2% lower than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Hertfordshire occurred in 2009 when a total of 5,911 were closed.
Half Year (Jul-Dec) Hertfordshire UK 2012 3,751 145,934 2011 3,760 152,213 % change -0.2% -4.1% Record Year 2009 (5,911) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 1,813 companies were dissolved in Hertfordshire during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 9.7% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Hertfordshire UK 2012 1,813 70,026 2011 2,008 79,983 % change -9.7% -12.4% Record Year 2009 (2,237) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Hertfordshire when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 881 597 335 Closed companies in 2011 476 783 749 % change 85.1% -23.8% -55% Record Year 2012 (881) 2010 (822) 2009 (810)
Net Company Growth
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Annual Data (2012)
A total of 5,584 companies were added to the company register for Hertfordshire in 2012. This number represents growth of 45.6% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 1,129 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Hertfordshire company register grew by 7,342 companies.
Year Hertfordshire UK 2012 5,584 198,165 2011 4,455 138,346 2010 2,165 58,125 2009 -5,171 -171,112 2008 3,654 111,330 Record Year 2007 (7,342) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in net growth in Hertfordshire when compared to any previous second half year.
In the second half of 2012 the company register for Hertfordshire increased by 2,424 companies.
Half Year (Jul-Dec) Hertfordshire UK 2012 2,424 92,809 2011 2,155 71,922 Record Year 2012 (2,424) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in net growth in Hertfordshire when compared to any previous Q4.
Net company growth for Hertfordshire during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,196 companies.
fourth quarter (Oct 2012 - Dec 2012) Hertfordshire UK 2012 1,196 49,849 2011 892 29,640 Record Year 2012 (1,196) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in net growth in Hertfordshire when compared to any previous November.
Net Growth by Month
October November December Net growth in 2012 341 438 417 Net growth in 2011 572 281 39 Record Year 2011 (572) 2012 (438) 2005 (421)
UK Company Share
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Annual Data (2012)
In 2012 Hertfordshire formed 2.7% of all UK companies. This is no change on 2011 when Hertfordshire was responsible for 2.7% of all UK companies.
Year Hertfordshire 2012 2.7% 2011 2.7% 2010 2.7% 2009 2.7% 2008 2.7% Record Year (since 1960) 1960 (3.6%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Hertfordshire formed 2.6% of all UK companies. This is the same as the 2011 figure of 2.6%.
Half Year (Jul-Dec) Hertfordshire 2012 2.6% 2011 2.6% 2010 2.6% 2009 2.7% 2008 2.8% Record Year (since 1960) 1962 (3.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Hertfordshire formed 2.5% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Hertfordshire 2012 2.5% 2011 2.6% 2010 2.6% 2009 2.7% 2008 2.7% Record Year (since 1960) 1965 (4.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 2.7% 2.4% 2.4% UK formation share in 2011 2.7% 2.6% 2.6% % change -2.0% -7.4% -7.1% Record Year 1962 (5.3%) 1970 (4.2%) 1960 (4.2%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.1.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 43.7.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.7.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Hertfordshire was 1860 when 35.7% of all directors were female.
The percentage of female directors in Hertfordshire in 2012 was 28.6%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Hertfordshire was 1860 when 42.9% of all directors were female.
27.6% of all director appointments in Hertfordshire in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Hertfordshire was in 1977 when 31.2% of all directors were female.
27.2% of all director appointments in Hertfordshire in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.34% CONSULTING 5.15% MANAGEMENT 2.54% MANAGEMENT 4.78% CONSULTANCY 1.66% CONSULTANCY 3.31% PROPERTY 1.19% PROPERTY 2.40% ASSOCIATES 1.16% TRADING 2.03% CONSTRUCTION 1.04% DESIGN 1.86% CONSULTANTS 0.98% ASSOCIATES 1.82% TRADING 0.83% ENGINEERING 1.79% LONDON 0.83% BUSINESS 1.76% SALES 0.78% CONSULTANTS 1.75% DESIGN 0.78% CONSTRUCTION 1.69% IT 0.77% LONDON 1.69% BUSINESS 0.76% MEDIA 1.69% MEDIA 0.70% GLOBAL 1.59% GLOBAL 0.68% J 1.57% PROPERTIES 0.68% INVESTMENTS 1.46% J 0.65% IT 1.43% CARE 0.63% CARE 1.39% INVESTMENTS 0.60% PROPERTIES 1.34% MARKETING 0.59% M 1.26% ELECTRICAL 0.59% BUILDING 1.23% SYSTEMS 0.57% ENTERPRISES 1.21% BUILDING 0.53% TRAINING 1.18% CAPITAL 0.52% ELECTRICAL 1.17% MEDICAL 0.52% SECURITY 1.17%
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 6,012 236,139 82990 - Other business support service activities not elsewhere classified 1,370 52,427 70229 - Management consultancy activities other than financial management 1,220 30,396 62020 - Information technology consultancy activities 988 23,256 99999 - Dormant Company 898 40,648 96090 - Other service activities not elsewhere classified 649 22,058 74909 - Other professional, scientific and technical activities not elsewhere classified 427 15,572 62090 - Other information technology service activities 394 12,291 74990 - Non-trading company 370 13,808 7487 - Other business activities 288 10,703 41100 - Development of building projects 236 7,980 98000 - Residents property management 226 4,377 62012 - Business and domestic software development 218 7,446 86900 - Other human health activities 198 7,866 69201 - Accounting and auditing activities 183 6,177 86101 - Hospital activities 181 2,187 43999 - Other specialised construction activities not elsewhere classified 177 6,419 43390 - Other building completion and finishing 162 4,882 49410 - Freight transport by road 153 5,165 43210 - Electrical installation 151 5,304
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08321113 ALBIE BROUN LTD 06 Dec 2012 08334076 RB THAI LEGAL (UK) LIMITED 17 Dec 2012 08338743 I-MOTUS (UK) LIMITED 20 Dec 2012 08338773 2 MEDLEY ROAD LIMITED 20 Dec 2012 08329997 C2U ACCOUNTING SOLUTIONS LIMITED 13 Dec 2012 08334983 EXACT EVENTS LTD 18 Dec 2012 08337428 N1 ANGEL LTD 20 Dec 2012 08342550 NUMBER SEVEN MUSIC LIMITED 28 Dec 2012 08316495 WHITEN LTD 03 Dec 2012 08321999 ESP IT LTD 06 Dec 2012 08332198 GLOBAL MASTER SOLUTIONS LIMITED 14 Dec 2012 08337267 FLOORCARE PRODUCTS LTD 19 Dec 2012 08338551 ZOETIC CREATIVE PROJECTS LIMITED 20 Dec 2012 08338950 HJR LIVE LTD 20 Dec 2012 08317166 IMAXUK LTD 04 Dec 2012 08320620 J STRATEJY LIMITED 06 Dec 2012 08333676 JD COMMERCIAL SOLUTIONS LIMITED 17 Dec 2012 08341855 COOL BANANAS KIDS SALONS LTD 27 Dec 2012 08319439 FIRST PLANNING SOLUTIONS LIMITED 05 Dec 2012 08319586 RIGHTSUM LIMITED 05 Dec 2012 08342721 GO GREEN HEALTH LTD 31 Dec 2012 08327314 HUDSON CONSULTANCY SERVICES LIMITED 11 Dec 2012 08335189 UK LANDFILL LTD 18 Dec 2012 08328588 SIMPLY RABESS LIMITED 12 Dec 2012 08330760 BEAUTY SMILE LONDON LTD 13 Dec 2012
reports
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