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

  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 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)HertfordshireUK
    20133,316132,684
    20123,166118,868
    % change4.7%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)HertfordshireUK
    20133,316132,684
    20123,166118,868
    % change4.7%11.6%
    Record Year 2013 (3,316) 2013 (132,684)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20131,1191,0581,139
    New companies in 20121,1439831,040
    % change-2.1%7.6%9.5%
    Record Year2012 (1,143)2013 (1,058)2013 (1,139)
    JulyAugustSeptember
    New companies in 20131,1191,0581,139
    New companies in 20121,1439831,040
    % change-2.1%7.6%9.5%
    Record Year2012 (1,143)2013 (1,058)2013 (1,139)

Closed Companies (dissolved)

  1. 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)HertfordshireUK
    20132,14986,170
    20121,93875,908
    % change10.9%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)HertfordshireUK
    20132,14986,170
    20121,93875,908
    % change10.9%13.5%
    Record Year 2009 (3,674) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2013782598769
    Closed companies in 2012692668578
    % change13.0%-10.5%33%
    Record Year2013 (782)2008 (1,659)2009 (1,785)
    JulyAugustSeptember
    Closed companies in 2013782598769
    Closed companies in 2012692668578
    % change13.0%-10.5%33%
    Record Year2013 (782)2008 (1,659)2009 (1,785)

Net Company Growth

  1. 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)HertfordshireUK
    20131,16746,514
    20121,22842,960
    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)HertfordshireUK
    20131,16746,514
    20121,22842,960
    Record Year 2011 (1,263) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2013337460370
    Net growth in 2012451315462
    Record Year2008 (668)2013 (460)2004 (588)
    JulyAugustSeptember
    Net growth in 2013337460370
    Net growth in 2012451315462
    Record Year2008 (668)2013 (460)2004 (588)

UK Company Share

  1. 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
    20132.5%
    20122.7%
    20112.6%
    20102.6%
    20092.6%
    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
    20132.5%
    20122.7%
    20112.6%
    20102.6%
    20092.6%
    Record Year (since 1960) 1991 (3.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20132.4%2.5%2.5%
    UK formation share in 20122.8%2.6%2.6%
    % change-12.4%-1.3%-4.0%
    Record Year1991 (3.6%)1998 (3.4%)1992 (3.1%)
    JulyAugustSeptember
    UK formation share in 20132.4%2.5%2.5%
    UK formation share in 20122.8%2.6%2.6%
    % change-12.4%-1.3%-4.0%
    Record Year1991 (3.6%)1998 (3.4%)1992 (3.1%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.33%CONSULTING5.27%
    MANAGEMENT2.75%MANAGEMENT4.75%
    CONSULTANCY1.81%CONSULTANCY3.45%
    PROPERTY1.22%PROPERTY2.53%
    ASSOCIATES1.00%TRADING2.08%
    LONDON0.89%ENGINEERING1.83%
    CONSTRUCTION0.88%LONDON1.79%
    PROPERTIES0.86%DESIGN1.78%
    INVESTMENTS0.82%BUSINESS1.74%
    CONSULTANTS0.80%CONSTRUCTION1.70%
    MEDIA0.80%CONSULTANTS1.69%
    DESIGN0.79%CARE1.64%
    TRADING0.73%ASSOCIATES1.61%
    CARE0.73%GLOBAL1.59%
    J0.70%J1.54%
    BUSINESS0.69%MEDIA1.54%
    IT0.68%INVESTMENTS1.53%
    DEVELOPMENTS0.61%PROPERTIES1.45%
    M0.60%IT1.39%
    SALES0.59%M1.25%
    SYSTEMS0.57%ELECTRICAL1.20%
    ELECTRICAL0.57%BUILDING1.19%
    PRODUCTIONS0.56%CAPITAL1.19%
    BUILDING0.56%DEVELOPMENTS1.16%
    CAPITAL0.55%TRAINING1.15%
    wordpercentageuk worduk percentage
    CONSULTING3.34%CONSULTING5.28%
    MANAGEMENT2.74%MANAGEMENT4.76%
    CONSULTANCY1.80%CONSULTANCY3.46%
    PROPERTY1.22%PROPERTY2.54%
    ASSOCIATES1.01%TRADING2.08%
    CONSTRUCTION0.88%ENGINEERING1.84%
    LONDON0.88%LONDON1.79%
    PROPERTIES0.85%DESIGN1.78%
    INVESTMENTS0.83%BUSINESS1.74%
    CONSULTANTS0.80%CONSTRUCTION1.70%
    MEDIA0.80%CONSULTANTS1.69%
    DESIGN0.78%CARE1.64%
    TRADING0.73%ASSOCIATES1.61%
    CARE0.73%GLOBAL1.60%
    J0.70%J1.54%
    BUSINESS0.69%MEDIA1.53%
    IT0.68%INVESTMENTS1.53%
    DEVELOPMENTS0.62%PROPERTIES1.45%
    M0.61%IT1.39%
    SALES0.59%M1.25%
    ELECTRICAL0.58%BUILDING1.20%
    SYSTEMS0.57%CAPITAL1.20%
    BUILDING0.56%ELECTRICAL1.19%
    PRODUCTIONS0.56%DEVELOPMENTS1.17%
    CAPITAL0.55%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,034260,135
    70229 - Management consultancy activities other than financial management1,38234,970
    82990 - Other business support service activities not elsewhere classified1,34554,854
    99999 - Dormant Company1,03446,169
    62020 - Information technology consultancy activities1,03326,675
    96090 - Other service activities not elsewhere classified74025,547
    74909 - Other professional, scientific and technical activities not elsewhere classified49617,715
    74990 - Non-trading company46514,228
    62090 - Other information technology service activities37612,516
    41100 - Development of building projects3159,271
    86900 - Other human health activities2659,203
    62012 - Business and domestic software development2609,104
    43999 - Other specialised construction activities not elsewhere classified2287,590
    98000 - Residents property management2134,680
    69201 - Accounting and auditing activities1936,979
    68209 - Other letting and operating of own or leased real estate1858,312
    47910 - Retail sale via mail order houses or via Internet1848,475
    86101 - Hospital activities1792,494
    41202 - Construction of domestic buildings1696,039
    43390 - Other building completion and finishing1675,382
    sic codenumber of companiesuk companies
    None Supplied6,633244,464
    70229 - Management consultancy activities other than financial management1,41735,731
    82990 - Other business support service activities not elsewhere classified1,36555,676
    99999 - Dormant Company1,05247,068
    62020 - Information technology consultancy activities1,05027,242
    96090 - Other service activities not elsewhere classified75726,207
    74909 - Other professional, scientific and technical activities not elsewhere classified49818,024
    74990 - Non-trading company47714,457
    62090 - Other information technology service activities39012,748
    41100 - Development of building projects3249,527
    86900 - Other human health activities2769,453
    62012 - Business and domestic software development2699,285
    43999 - Other specialised construction activities not elsewhere classified2387,818
    98000 - Residents property management2134,798
    69201 - Accounting and auditing activities1947,076
    68209 - Other letting and operating of own or leased real estate1898,541
    47910 - Retail sale via mail order houses or via Internet1878,691
    86101 - Hospital activities1832,586
    41202 - Construction of domestic buildings1736,201
    43390 - Other building completion and finishing1705,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08674052 MEL CLARKE LIMITED 03 Sep 2013
    08679423 THE BOWERBIRD COLLECTIVE LTD 05 Sep 2013
    08685055 MARLOWE AND HOUSE LIMITED 10 Sep 2013
    08686494 MCGAHERN LIMITED 11 Sep 2013
    08690368 MORE THAN A PHOTO LIMITED 13 Sep 2013
    08691102 HERTFORDSHIRE PRESTIGE CARS LIMITED 16 Sep 2013
    08693422 LOTUS FOOD & WINE LIMITED 17 Sep 2013
    08694196 CROWN GALLERY LIMITED 17 Sep 2013
    08698396 MOUNT LIGHTING LIMITED 19 Sep 2013
    08702756 JO HERBERT REGULATORY CONSULTANCY LIMITED 24 Sep 2013
    08670887 SPENCER WALK LIMITED 02 Sep 2013
    08672551 JAMES LOVELL RIGGING LTD 02 Sep 2013
    08694548 FACTIVITY PARTNERS LIMITED 17 Sep 2013
    08705814 EMEDICLINICS LTD 25 Sep 2013
    08707894 MWP ADVICE LIMITED 26 Sep 2013
    08674921 FOOD RESEARCH AND DEVELOPMENT LIMITED 03 Sep 2013
    08674964 SILVER8 LTD 03 Sep 2013
    08677593 ENVY ASSET MANAGEMENT LTD 05 Sep 2013
    08681428 TRUE SPICE LTD 09 Sep 2013
    08704697 CJR ACCOMMODATION LIMITED 25 Sep 2013
    08670924 NAVEX CONSULTING LIMITED 02 Sep 2013
    08672079 THE PEST CONTROL EXPERTS LTD 02 Sep 2013
    08679795 BOPPING BABES DISCO LIMITED 06 Sep 2013
    08684536 EAMONN PUGH LIMITED 10 Sep 2013
    08685516 STRIVE TO INSPIRE EDUCATION LIMITED 11 Sep 2013