Hertfordshire

2013 Half Year 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.

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. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 6,729 companies were formed in Hertfordshire. This figure is 2.5% lower than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Hertfordshire occurred in 2007 when a total of 8,283 were formed.

    Half Year (Jan-Jun)HertfordshireUK
    20136,729269,432
    20126,905253,150
    % change-2.5%6.4%
    Record Year2007 (8,283)2007 (279,097)

    In the first half of 2013 a total of 6,729 companies were formed in Hertfordshire. This figure is 2.5% lower than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Hertfordshire occurred in 2007 when a total of 8,283 were formed.

    Half Year (Jan-Jun)HertfordshireUK
    20136,729269,432
    20126,905253,150
    % change-2.5%6.4%
    Record Year2007 (8,283)2007 (279,097)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 3,337 companies were registered in Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 0.6% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20133,337134,630
    20123,357121,659
    % change-0.6%10.7%
    Record Year 2007 (3,519) 2013 (134,630)
    New Companies by Quarter

    A total of 3,337 companies were registered in Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 0.6% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20133,337134,630
    20123,357121,659
    % change-0.6%10.7%
    Record Year 2007 (3,519) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 20131,2691,0651,003
    New companies in 20121,0901,2251,042
    % change16.4%-13.1%-3.7%
    Record Year2007 (1,493)2012 (1,225)2011 (1,181)
    AprilMayJune
    New companies in 20131,2691,0651,003
    New companies in 20121,0901,2251,042
    % change16.4%-13.1%-3.7%
    Record Year2007 (1,493)2012 (1,225)2011 (1,181)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 4,354 companies were dissolved in Hertfordshire. This figure is 16.3% higher than last year, which compares badly to the UK wide change of 5.0%.

    The highest total for a first half year in Hertfordshire occurred in 2009 when a total of 9,076 were closed.

    Half Year (Jan-Jun)HertfordshireUK
    20134,354155,192
    20123,745147,794
    % change16.3%5.0%
    Record Year2009 (9,076)2009 (289,245)

    In the first half of 2013 a total of 4,354 companies were dissolved in Hertfordshire. This figure is 16.3% higher than last year, which compares badly to the UK wide change of 5.0%.

    The highest total for a first half year in Hertfordshire occurred in 2009 when a total of 9,076 were closed.

    Half Year (Jan-Jun)HertfordshireUK
    20134,354155,192
    20123,745147,794
    % change16.3%5.0%
    Record Year2009 (9,076)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 2,123 companies were dissolved in Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 4.7% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20132,12377,278
    20122,02780,218
    % change4.7%-3.7%
    Record Year 2009 (5,212) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 2,123 companies were dissolved in Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 4.7% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20132,12377,278
    20122,02780,218
    % change4.7%-3.7%
    Record Year 2009 (5,212) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013824605694
    Closed companies in 2012599775653
    % change37.6%-21.9%6%
    Record Year2009 (1,448)2009 (2,382)2009 (1,382)
    AprilMayJune
    Closed companies in 2013824605694
    Closed companies in 2012599775653
    % change37.6%-21.9%6%
    Record Year2009 (1,448)2009 (2,382)2009 (1,382)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Hertfordshire increased by 2,375 companies.

    Half Year (Jan-Jun)HertfordshireUK
    20132,375114,240
    20123,160105,356
    Record Year2007 (5,516)2007 (171,296)

    In the first half of 2013 the company register for Hertfordshire increased by 2,375 companies.

    Half Year (Jan-Jun)HertfordshireUK
    20132,375114,240
    20123,160105,356
    Record Year2007 (5,516)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013) was 1,214 companies.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20131,21457,352
    20121,33041,441
    Record Year 2007 (2,211) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Hertfordshire during the second quarter of 2013 (Apr 2013 - Jun 2013) was 1,214 companies.

    second quarter (Apr 2013 - Jun 2013)HertfordshireUK
    20131,21457,352
    20121,33041,441
    Record Year 2007 (2,211) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 2013445460309
    Net growth in 2012491450389
    Record Year2007 (1,203)2007 (536)2008 (672)
    AprilMayJune
    Net growth in 2013445460309
    Net growth in 2012491450389
    Record Year2007 (1,203)2007 (536)2008 (672)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Hertfordshire formed 2.5% of all UK companies. This is less than the 2012 figure of 2.7%.

    Half Year (Jan-Jun)Hertfordshire
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    20092.8%
    Record Year (since 1960) 1993 (3.2%)
    Company Share by Half Year

    In the first half of 2013 Hertfordshire formed 2.5% of all UK companies. This is less than the 2012 figure of 2.7%.

    Half Year (Jan-Jun)Hertfordshire
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    20092.8%
    Record Year (since 1960) 1993 (3.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

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

    second quarter (Apr 2013 - Jun 2013)Hertfordshire
    20132.5%
    20122.8%
    20112.8%
    20102.8%
    20092.8%
    Record Year (since 1960) 1993 (3.2%)
    Company Share by Quarter

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

    second quarter (Apr 2013 - Jun 2013)Hertfordshire
    20132.5%
    20122.8%
    20112.8%
    20102.8%
    20092.8%
    Record Year (since 1960) 1993 (3.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20132.6%2.4%2.4%
    UK formation share in 20122.7%2.8%2.8%
    % change-2.2%-15.5%-12.9%
    Record Year1990 (3.8%)1993 (3.4%)1998 (3.4%)
    AprilMayJune
    UK formation share in 20132.6%2.4%2.4%
    UK formation share in 20122.7%2.8%2.8%
    % change-2.2%-15.5%-12.9%
    Record Year1990 (3.8%)1993 (3.4%)1998 (3.4%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 44.1.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.3%.

    Director Age by Half Year

    The average age of a director in the first half of 2013 was 44.1.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 43.9.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.8%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2013 was 43.9.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Hertfordshire was 2007 when 28.7% of all directors were female.

    26.8% of all director appointments in Hertfordshire in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Hertfordshire was 2007 when 28.7% of all directors were female.

    26.8% of all director appointments in Hertfordshire in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Hertfordshire was in 2007 when 28.8% of all directors were female.

    26.5% of all director appointments in Hertfordshire in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Hertfordshire was in 2007 when 28.8% of all directors were female.

    26.5% of all director appointments in Hertfordshire in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.23%CONSULTING5.25%
    MANAGEMENT2.64%MANAGEMENT4.81%
    CONSULTANCY1.73%CONSULTANCY3.41%
    PROPERTY1.14%PROPERTY2.48%
    ASSOCIATES1.11%TRADING2.04%
    CONSTRUCTION1.04%ENGINEERING1.81%
    CONSULTANTS0.89%DESIGN1.80%
    LONDON0.89%LONDON1.77%
    TRADING0.84%BUSINESS1.77%
    PROPERTIES0.82%CONSTRUCTION1.68%
    SALES0.76%CONSULTANTS1.68%
    DESIGN0.75%ASSOCIATES1.68%
    MEDIA0.74%GLOBAL1.59%
    INVESTMENTS0.72%MEDIA1.58%
    CARE0.68%CARE1.55%
    BUSINESS0.66%J1.54%
    ELECTRICAL0.64%INVESTMENTS1.47%
    IT0.64%PROPERTIES1.41%
    J0.62%IT1.40%
    DEVELOPMENTS0.59%M1.26%
    BUILDING0.57%BUILDING1.22%
    MARKETING0.56%ELECTRICAL1.19%
    GLOBAL0.56%ENTERPRISES1.18%
    SYSTEMS0.55%CAPITAL1.16%
    MEDICAL0.52%TRAINING1.16%
    wordpercentageuk worduk percentage
    CONSULTING3.23%CONSULTING5.25%
    MANAGEMENT2.64%MANAGEMENT4.82%
    CONSULTANCY1.74%CONSULTANCY3.42%
    PROPERTY1.13%PROPERTY2.48%
    ASSOCIATES1.13%TRADING2.05%
    CONSTRUCTION1.04%ENGINEERING1.82%
    CONSULTANTS0.89%DESIGN1.79%
    LONDON0.88%LONDON1.78%
    TRADING0.84%BUSINESS1.77%
    PROPERTIES0.83%CONSTRUCTION1.68%
    SALES0.76%CONSULTANTS1.68%
    MEDIA0.74%ASSOCIATES1.68%
    DESIGN0.74%GLOBAL1.60%
    INVESTMENTS0.73%MEDIA1.58%
    CARE0.68%CARE1.55%
    BUSINESS0.66%J1.53%
    ELECTRICAL0.66%INVESTMENTS1.47%
    IT0.65%PROPERTIES1.41%
    J0.62%IT1.40%
    DEVELOPMENTS0.59%M1.26%
    BUILDING0.57%BUILDING1.22%
    GLOBAL0.56%ELECTRICAL1.19%
    MARKETING0.56%ENTERPRISES1.18%
    SYSTEMS0.54%CAPITAL1.17%
    MEDICAL0.52%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,324239,154
    82990 - Other business support service activities not elsewhere classified1,36655,604
    70229 - Management consultancy activities other than financial management1,35234,490
    62020 - Information technology consultancy activities1,03026,164
    99999 - Dormant Company99845,704
    96090 - Other service activities not elsewhere classified73125,110
    74909 - Other professional, scientific and technical activities not elsewhere classified47417,438
    74990 - Non-trading company46614,505
    62090 - Other information technology service activities39512,885
    41100 - Development of building projects3039,173
    86900 - Other human health activities2558,930
    62012 - Business and domestic software development2478,769
    98000 - Residents property management2244,785
    43999 - Other specialised construction activities not elsewhere classified2207,453
    69201 - Accounting and auditing activities1966,916
    86101 - Hospital activities1812,441
    68209 - Other letting and operating of own or leased real estate1768,120
    49410 - Freight transport by road1746,562
    47910 - Retail sale via mail order houses or via Internet1738,032
    41202 - Construction of domestic buildings1735,846
    sic codenumber of companiesuk companies
    None Supplied6,266237,080
    70229 - Management consultancy activities other than financial management1,36234,652
    82990 - Other business support service activities not elsewhere classified1,36055,568
    62020 - Information technology consultancy activities1,03426,270
    99999 - Dormant Company1,00045,726
    96090 - Other service activities not elsewhere classified73725,168
    74909 - Other professional, scientific and technical activities not elsewhere classified47117,454
    74990 - Non-trading company46914,483
    62090 - Other information technology service activities39912,920
    41100 - Development of building projects3099,235
    86900 - Other human health activities2578,957
    62012 - Business and domestic software development2498,794
    98000 - Residents property management2234,825
    43999 - Other specialised construction activities not elsewhere classified2227,478
    69201 - Accounting and auditing activities1966,918
    86101 - Hospital activities1812,455
    68209 - Other letting and operating of own or leased real estate1778,176
    41202 - Construction of domestic buildings1755,876
    49410 - Freight transport by road1746,574
    47910 - Retail sale via mail order houses or via Internet1748,083

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08522560 ASHDALE MORTGAGE SERVICES LTD. 09 May 2013
    OC385097 BE TRAINING AND COMMUNICATIONS LLP 13 May 2013
    08525472 WEDGEWOOD B & M LIMITED 13 May 2013
    08527087 LESS THAN 1% LTD 13 May 2013
    08530343 CLAXTON QM LTD. 15 May 2013
    08540789 WINDFIELD DEVELOPMENT COMPANY LIMITED 22 May 2013
    08544100 VERULAM STRATEGY & MARKETING CONSULTING LTD 24 May 2013
    08548751 TDWAREHOUSE LTD 30 May 2013
    08552232 SEMANTIC BUSINESS SOLUTIONS LIMITED 31 May 2013
    08514019 THE POUCH COMPANY LTD 02 May 2013
    08521388 2TEDS LIMITED 09 May 2013
    08523433 PROBUS AVIATION LIMITED 10 May 2013
    08525003 TOKACHI LIMITED 13 May 2013
    08534219 VERTICAL EXHIBITIONS LTD 17 May 2013
    08536788 HYDRO ELECTRIC DEVELOPMENT LTD 20 May 2013
    08540314 P&R CREATIVE LTD 22 May 2013
    08548115 21 CONSTRUCTION LTD 29 May 2013
    08548407 RATEOTU LTD 29 May 2013
    08521564 WORLEY ROAD 2013 LIMITED 09 May 2013
    08528866 RDENEV LIMITED 14 May 2013
    08539102 PICOSTATE LIMITED 22 May 2013
    08514835 BHP INTERNATIONAL (UK) LIMITED 02 May 2013
    08514957 LITTLE RED WRITING LIMITED 02 May 2013
    08523207 C. LEW HODGINS & SONS LIMITED 10 May 2013
    08526598 KJ THOROGOOD ASSOCIATES LIMITED 13 May 2013