Hertfordshire
Q3 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
- Q3 2013 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
- Q3 2013 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
- September 2013 saw a new record in company registrations in Hertfordshire when compared to any previous September.
- August 2013 saw a new record in company registrations in Hertfordshire when compared to any previous August.
- September 2013 saw a new record in company registrations in Hertfordshire when compared to any previous September.
- August 2013 saw a new record in company registrations in Hertfordshire when compared to any previous August.
- July 2013 saw a new record in company closures in Hertfordshire when compared to any previous July.
- July 2013 saw a new record in company closures in Hertfordshire when compared to any previous July.
- August 2013 saw a new record in net growth in Hertfordshire when compared to any previous August.
- August 2013 saw a new record in net growth in Hertfordshire when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
Q3 2013 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
A total of 3,316 companies were registered in Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 4.7% versus the same period last year (Q3 2012). This figure compares badly to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 3,316 132,684 2012 3,166 118,868 % change 4.7% 11.6% Record Year 2013 (3,316) 2013 (132,684) New Companies by Quarter
A total of 3,316 companies were registered in Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 4.7% versus the same period last year (Q3 2012). This figure compares badly to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 3,316 132,684 2012 3,166 118,868 % change 4.7% 11.6% Record Year 2013 (3,316) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company registrations in Hertfordshire when compared to any previous September.
August 2013 saw a new record in company registrations in Hertfordshire when compared to any previous August.
September 2013 saw a new record in company registrations in Hertfordshire when compared to any previous September.
August 2013 saw a new record in company registrations in Hertfordshire when compared to any previous August.
New Companies by Month
New Companies by Month
July August September New companies in 2013 1,119 1,058 1,139 New companies in 2012 1,143 983 1,040 % change -2.1% 7.6% 9.5% Record Year 2012 (1,143) 2013 (1,058) 2013 (1,139) July August September New companies in 2013 1,119 1,058 1,139 New companies in 2012 1,143 983 1,040 % change -2.1% 7.6% 9.5% Record Year 2012 (1,143) 2013 (1,058) 2013 (1,139)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 2,149 companies were dissolved in Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 10.9% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 2,149 86,170 2012 1,938 75,908 % change 10.9% 13.5% Record Year 2009 (3,674) 2009 (159,405) Dissolved Companies by Quarter
A total of 2,149 companies were dissolved in Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 10.9% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 2,149 86,170 2012 1,938 75,908 % change 10.9% 13.5% Record Year 2009 (3,674) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
July 2013 saw a new record in company closures in Hertfordshire when compared to any previous July.
July 2013 saw a new record in company closures in Hertfordshire when compared to any previous July.
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2013 782 598 769 Closed companies in 2012 692 668 578 % change 13.0% -10.5% 33% Record Year 2013 (782) 2008 (1,659) 2009 (1,785) July August September Closed companies in 2013 782 598 769 Closed companies in 2012 692 668 578 % change 13.0% -10.5% 33% Record Year 2013 (782) 2008 (1,659) 2009 (1,785)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013) was 1,167 companies.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 1,167 46,514 2012 1,228 42,960 Record Year 2011 (1,263) 2013 (46,514) Net Growth by Quarter
Net company growth for Hertfordshire during the third quarter of 2013 (Jul 2013 - Sep 2013) was 1,167 companies.
third quarter (Jul 2013 - Sep 2013) Hertfordshire UK 2013 1,167 46,514 2012 1,228 42,960 Record Year 2011 (1,263) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
August 2013 saw a new record in net growth in Hertfordshire when compared to any previous August.
August 2013 saw a new record in net growth in Hertfordshire when compared to any previous August.
Net Growth by Month
Net Growth by Month
July August September Net growth in 2013 337 460 370 Net growth in 2012 451 315 462 Record Year 2008 (668) 2013 (460) 2004 (588) July August September Net growth in 2013 337 460 370 Net growth in 2012 451 315 462 Record Year 2008 (668) 2013 (460) 2004 (588)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Hertfordshire formed 2.5% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Hertfordshire 2013 2.5% 2012 2.7% 2011 2.6% 2010 2.6% 2009 2.6% Record Year (since 1960) 1991 (3.2%) Company Share by Quarter
In the third quarter of 2013, Hertfordshire formed 2.5% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Hertfordshire 2013 2.5% 2012 2.7% 2011 2.6% 2010 2.6% 2009 2.6% Record Year (since 1960) 1991 (3.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
Company Share by Month
July August September UK formation share in 2013 2.4% 2.5% 2.5% UK formation share in 2012 2.8% 2.6% 2.6% % change -12.4% -1.3% -4.0% Record Year 1991 (3.6%) 1998 (3.4%) 1992 (3.1%) July August September UK formation share in 2013 2.4% 2.5% 2.5% UK formation share in 2012 2.8% 2.6% 2.6% % change -12.4% -1.3% -4.0% Record Year 1991 (3.6%) 1998 (3.4%) 1992 (3.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 43.7.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Quarter
The average age of a director in the third quarter of 2013 was 43.7.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Hertfordshire was in 2007 when 29.0% of all directors were female.
26.7% of all director appointments in Hertfordshire in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
The record third quarter for female directors in Hertfordshire was in 2007 when 29.0% of all directors were female.
26.7% of all director appointments in Hertfordshire in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.33% CONSULTING 5.27% MANAGEMENT 2.75% MANAGEMENT 4.75% CONSULTANCY 1.81% CONSULTANCY 3.45% PROPERTY 1.22% PROPERTY 2.53% ASSOCIATES 1.00% TRADING 2.08% LONDON 0.89% ENGINEERING 1.83% CONSTRUCTION 0.88% LONDON 1.79% PROPERTIES 0.86% DESIGN 1.78% INVESTMENTS 0.82% BUSINESS 1.74% CONSULTANTS 0.80% CONSTRUCTION 1.70% MEDIA 0.80% CONSULTANTS 1.69% DESIGN 0.79% CARE 1.64% TRADING 0.73% ASSOCIATES 1.61% CARE 0.73% GLOBAL 1.59% J 0.70% J 1.54% BUSINESS 0.69% MEDIA 1.54% IT 0.68% INVESTMENTS 1.53% DEVELOPMENTS 0.61% PROPERTIES 1.45% M 0.60% IT 1.39% SALES 0.59% M 1.25% SYSTEMS 0.57% ELECTRICAL 1.20% ELECTRICAL 0.57% BUILDING 1.19% PRODUCTIONS 0.56% CAPITAL 1.19% BUILDING 0.56% DEVELOPMENTS 1.16% CAPITAL 0.55% TRAINING 1.15% word percentage uk word uk percentage CONSULTING 3.34% CONSULTING 5.28% MANAGEMENT 2.74% MANAGEMENT 4.76% CONSULTANCY 1.80% CONSULTANCY 3.46% PROPERTY 1.22% PROPERTY 2.54% ASSOCIATES 1.01% TRADING 2.08% CONSTRUCTION 0.88% ENGINEERING 1.84% LONDON 0.88% LONDON 1.79% PROPERTIES 0.85% DESIGN 1.78% INVESTMENTS 0.83% BUSINESS 1.74% CONSULTANTS 0.80% CONSTRUCTION 1.70% MEDIA 0.80% CONSULTANTS 1.69% DESIGN 0.78% CARE 1.64% TRADING 0.73% ASSOCIATES 1.61% CARE 0.73% GLOBAL 1.60% J 0.70% J 1.54% BUSINESS 0.69% MEDIA 1.53% IT 0.68% INVESTMENTS 1.53% DEVELOPMENTS 0.62% PROPERTIES 1.45% M 0.61% IT 1.39% SALES 0.59% M 1.25% ELECTRICAL 0.58% BUILDING 1.20% SYSTEMS 0.57% CAPITAL 1.20% BUILDING 0.56% ELECTRICAL 1.19% PRODUCTIONS 0.56% DEVELOPMENTS 1.17% CAPITAL 0.55% TRAINING 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 7,034 260,135 70229 - Management consultancy activities other than financial management 1,382 34,970 82990 - Other business support service activities not elsewhere classified 1,345 54,854 99999 - Dormant Company 1,034 46,169 62020 - Information technology consultancy activities 1,033 26,675 96090 - Other service activities not elsewhere classified 740 25,547 74909 - Other professional, scientific and technical activities not elsewhere classified 496 17,715 74990 - Non-trading company 465 14,228 62090 - Other information technology service activities 376 12,516 41100 - Development of building projects 315 9,271 86900 - Other human health activities 265 9,203 62012 - Business and domestic software development 260 9,104 43999 - Other specialised construction activities not elsewhere classified 228 7,590 98000 - Residents property management 213 4,680 69201 - Accounting and auditing activities 193 6,979 68209 - Other letting and operating of own or leased real estate 185 8,312 47910 - Retail sale via mail order houses or via Internet 184 8,475 86101 - Hospital activities 179 2,494 41202 - Construction of domestic buildings 169 6,039 43390 - Other building completion and finishing 167 5,382 sic code number of companies uk companies None Supplied 6,633 244,464 70229 - Management consultancy activities other than financial management 1,417 35,731 82990 - Other business support service activities not elsewhere classified 1,365 55,676 99999 - Dormant Company 1,052 47,068 62020 - Information technology consultancy activities 1,050 27,242 96090 - Other service activities not elsewhere classified 757 26,207 74909 - Other professional, scientific and technical activities not elsewhere classified 498 18,024 74990 - Non-trading company 477 14,457 62090 - Other information technology service activities 390 12,748 41100 - Development of building projects 324 9,527 86900 - Other human health activities 276 9,453 62012 - Business and domestic software development 269 9,285 43999 - Other specialised construction activities not elsewhere classified 238 7,818 98000 - Residents property management 213 4,798 69201 - Accounting and auditing activities 194 7,076 68209 - Other letting and operating of own or leased real estate 189 8,541 47910 - Retail sale via mail order houses or via Internet 187 8,691 86101 - Hospital activities 183 2,586 41202 - Construction of domestic buildings 173 6,201 43390 - Other building completion and finishing 170 5,528
Recent Companies
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Randomly selected companies from this quarter
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