Hertfordshire

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • January 2013 saw a new record in company registrations in Hertfordshire when compared to any previous January.
  • January 2013 saw a new record in company registrations in Hertfordshire when compared to any previous January.

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 (Q1 Jan-Mar 2013)

    A total of 3,392 companies were registered in Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 4.4% versus the same period last year (Q1 2012). This figure compares equally to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20133,392134,802
    20123,548131,491
    % change-4.4%2.5%
    Record Year 2007 (4,764) 2007 (166,814)
    New Companies by Quarter

    A total of 3,392 companies were registered in Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 4.4% versus the same period last year (Q1 2012). This figure compares equally to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20133,392134,802
    20123,548131,491
    % change-4.4%2.5%
    Record Year 2007 (4,764) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    January 2013 saw a new record in company registrations in Hertfordshire when compared to any previous January.

    January 2013 saw a new record in company registrations in Hertfordshire when compared to any previous January.

    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20131,0901,1231,179
    New companies in 20121,0751,2601,213
    % change1.4%-10.9%-2.8%
    Record Year2013 (1,090)2012 (1,260)2007 (2,674)
    JanuaryFebruaryMarch
    New companies in 20131,0901,1231,179
    New companies in 20121,0751,2601,213
    % change1.4%-10.9%-2.8%
    Record Year2013 (1,090)2012 (1,260)2007 (2,674)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 2,231 companies were dissolved in Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 29.9% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20132,23177,914
    20121,71867,576
    % change29.9%15.3%
    Record Year 2009 (3,864) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 2,231 companies were dissolved in Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 29.9% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20132,23177,914
    20121,71867,576
    % change29.9%15.3%
    Record Year 2009 (3,864) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013881695655
    Closed companies in 2012551590577
    % change59.9%17.8%14%
    Record Year2011 (913)2009 (793)2009 (2,529)
    JanuaryFebruaryMarch
    Closed companies in 2013881695655
    Closed companies in 2012551590577
    % change59.9%17.8%14%
    Record Year2011 (913)2009 (793)2009 (2,529)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013) was 1,161 companies.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20131,16156,888
    20121,83063,915
    Record Year 2007 (3,305) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Hertfordshire during the first quarter of 2013 (Jan 2013 - Mar 2013) was 1,161 companies.

    first quarter (Jan 2013 - Mar 2013)HertfordshireUK
    20131,16156,888
    20121,83063,915
    Record Year 2007 (3,305) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013209428524
    Net growth in 2012524670636
    Record Year2012 (524)2012 (670)2007 (2,204)
    JanuaryFebruaryMarch
    Net growth in 2013209428524
    Net growth in 2012524670636
    Record Year2012 (524)2012 (670)2007 (2,204)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Hertfordshire formed 2.5% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Hertfordshire
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    20092.7%
    Record Year (since 1960) 2000 (3.3%)
    Company Share by Quarter

    In the first quarter of 2013, Hertfordshire formed 2.5% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Hertfordshire
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    20092.7%
    Record Year (since 1960) 2000 (3.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20132.5%2.5%2.5%
    UK formation share in 20122.7%2.9%2.5%
    % change-9.1%-11.5%0.5%
    Record Year2000 (3.9%)1991 (3.4%)2007 (4.0%)
    JanuaryFebruaryMarch
    UK formation share in 20132.5%2.5%2.5%
    UK formation share in 20122.7%2.9%2.5%
    % change-9.1%-11.5%0.5%
    Record Year2000 (3.9%)1991 (3.4%)2007 (4.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 44.3.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 1.8%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2013 was 44.3.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 1.8%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Hertfordshire was in 2006 when 28.7% of all directors were female.

    27.1% of all director appointments in Hertfordshire in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Hertfordshire was in 2006 when 28.7% of all directors were female.

    27.1% of all director appointments in Hertfordshire in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING3.39%CONSULTING5.18%
    MANAGEMENT2.51%MANAGEMENT4.79%
    CONSULTANCY1.67%CONSULTANCY3.31%
    PROPERTY1.14%PROPERTY2.44%
    CONSTRUCTION1.08%TRADING2.05%
    ASSOCIATES1.06%DESIGN1.80%
    CONSULTANTS1.02%ENGINEERING1.78%
    TRADING0.88%BUSINESS1.78%
    LONDON0.83%ASSOCIATES1.75%
    SALES0.77%LONDON1.73%
    PROPERTIES0.73%CONSULTANTS1.70%
    GLOBAL0.72%CONSTRUCTION1.70%
    DESIGN0.71%MEDIA1.63%
    MEDIA0.70%GLOBAL1.58%
    CARE0.69%J1.56%
    BUSINESS0.68%CARE1.46%
    J0.65%IT1.42%
    IT0.65%INVESTMENTS1.42%
    INVESTMENTS0.61%PROPERTIES1.36%
    BUILDING0.59%M1.26%
    ELECTRICAL0.58%BUILDING1.21%
    CAPITAL0.58%ENTERPRISES1.19%
    SYSTEMS0.57%ELECTRICAL1.18%
    M0.51%TRAINING1.17%
    DEVELOPMENTS0.51%SECURITY1.15%
    wordpercentageuk worduk percentage
    CONSULTING3.39%CONSULTING5.19%
    MANAGEMENT2.52%MANAGEMENT4.79%
    CONSULTANCY1.68%CONSULTANCY3.32%
    PROPERTY1.13%PROPERTY2.45%
    CONSTRUCTION1.08%TRADING2.05%
    ASSOCIATES1.07%DESIGN1.80%
    CONSULTANTS1.02%ENGINEERING1.78%
    TRADING0.88%BUSINESS1.78%
    LONDON0.83%ASSOCIATES1.75%
    SALES0.77%LONDON1.73%
    PROPERTIES0.73%CONSULTANTS1.70%
    GLOBAL0.73%CONSTRUCTION1.70%
    DESIGN0.71%MEDIA1.63%
    MEDIA0.70%GLOBAL1.58%
    CARE0.69%J1.56%
    BUSINESS0.68%CARE1.47%
    IT0.65%IT1.42%
    J0.65%INVESTMENTS1.41%
    INVESTMENTS0.61%PROPERTIES1.36%
    ELECTRICAL0.60%M1.26%
    BUILDING0.59%BUILDING1.21%
    CAPITAL0.58%ENTERPRISES1.19%
    SYSTEMS0.56%ELECTRICAL1.18%
    DEVELOPMENTS0.51%TRAINING1.18%
    M0.51%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,031232,560
    82990 - Other business support service activities not elsewhere classified1,37055,469
    70229 - Management consultancy activities other than financial management1,33333,439
    62020 - Information technology consultancy activities1,04225,414
    99999 - Dormant Company95544,156
    96090 - Other service activities not elsewhere classified72324,207
    74990 - Non-trading company44614,226
    74909 - Other professional, scientific and technical activities not elsewhere classified44116,712
    62090 - Other information technology service activities40912,879
    41100 - Development of building projects2828,901
    62012 - Business and domestic software development2398,275
    98000 - Residents property management2364,724
    86900 - Other human health activities2308,698
    7487 - Other business activities2147,504
    43999 - Other specialised construction activities not elsewhere classified2017,155
    69201 - Accounting and auditing activities1916,740
    86101 - Hospital activities1872,388
    43390 - Other building completion and finishing1795,323
    68209 - Other letting and operating of own or leased real estate1687,760
    49410 - Freight transport by road1686,019
    sic codenumber of companiesuk companies
    None Supplied6,020232,252
    82990 - Other business support service activities not elsewhere classified1,36355,321
    70229 - Management consultancy activities other than financial management1,33833,533
    62020 - Information technology consultancy activities1,04425,461
    99999 - Dormant Company95544,046
    96090 - Other service activities not elsewhere classified72524,177
    74990 - Non-trading company44814,180
    74909 - Other professional, scientific and technical activities not elsewhere classified43816,693
    62090 - Other information technology service activities41212,890
    41100 - Development of building projects2848,933
    62012 - Business and domestic software development2408,286
    98000 - Residents property management2354,751
    86900 - Other human health activities2328,710
    7487 - Other business activities2137,497
    43999 - Other specialised construction activities not elsewhere classified2037,166
    69201 - Accounting and auditing activities1906,739
    86101 - Hospital activities1872,393
    43390 - Other building completion and finishing1795,347
    68209 - Other letting and operating of own or leased real estate1697,798
    49410 - Freight transport by road1686,020

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08346262 AJZ SOLUTIONS LIMITED 03 Jan 2013
    08349610 VALB SERVICES LIMITED 07 Jan 2013
    08353275 ALBAN PLASTERING LTD 09 Jan 2013
    08353354 THEBEANTREE LTD 09 Jan 2013
    08358082 HACRO TRADING LTD 14 Jan 2013
    08364525 KFISHER MEWS MANAGEMENT COMPANY LIMITED 17 Jan 2013
    08366364 COACH IN THE CITY LTD 18 Jan 2013
    08375788 GT ESTATES MANAGEMENT LIMITED 25 Jan 2013
    08376527 KJ TRAINING LIMITED 28 Jan 2013
    08380649 DOUBLE DARTS LIMITED 29 Jan 2013
    08351895 J & T 83 SCENIC SERVICES LTD 08 Jan 2013
    08359610 CLUB KIDZ LIMITED 14 Jan 2013
    08362323 MEDFLEX LTD 16 Jan 2013
    08363262 BAILEY ROOFING (MK) LTD 16 Jan 2013
    08363830 HESIONE LIMITED 17 Jan 2013
    08374177 CIPKO LTD 24 Jan 2013
    08374185 TWENTY1 INTERIORS LIMITED 24 Jan 2013
    08374895 J-EDA TELECOM LIMITED 25 Jan 2013
    08375368 MIA STAGE LTD 25 Jan 2013
    08379093 ABTM MANAGEMENT LTD 29 Jan 2013
    08380117 MT MAUDE UK LIMITED 29 Jan 2013
    08380431 ZAFAR MEDICS LTD 29 Jan 2013
    08381358 HOME THINGS LIMITED 30 Jan 2013
    08363411 YNF LIMITED 16 Jan 2013
    08363800 BARRIE JOHNSTON LIMITED 17 Jan 2013