Hertfordshire
Q1 2014 Business Confidence Report
Headlines
- January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
- January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
- January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
- January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
- January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
- January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 3,768 companies were registered in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 11.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 3,768 150,722 2013 3,392 134,802 % change 11.1% 11.8% Record Year 2007 (4,764) 2007 (166,814) New Companies by Quarter
A total of 3,768 companies were registered in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 11.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 3,768 150,722 2013 3,392 134,802 % change 11.1% 11.8% Record Year 2007 (4,764) 2007 (166,814) New Companies by Quarter
A total of 3,768 companies were registered in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 11.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 3,768 150,722 2013 3,392 134,802 % change 11.1% 11.8% Record Year 2007 (4,764) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
January 2014 saw a new record in company registrations in Hertfordshire when compared to any previous January.
New Companies by Month
New Companies by Month
New Companies by Month
January February March New companies in 2014 1,286 1,204 1,278 New companies in 2013 1,090 1,123 1,179 % change 18.0% 7.2% 8.4% Record Year 2014 (1,286) 2012 (1,260) 2007 (2,674) January February March New companies in 2014 1,286 1,204 1,278 New companies in 2013 1,090 1,123 1,179 % change 18.0% 7.2% 8.4% Record Year 2014 (1,286) 2012 (1,260) 2007 (2,674) January February March New companies in 2014 1,286 1,204 1,278 New companies in 2013 1,090 1,123 1,179 % change 18.0% 7.2% 8.4% Record Year 2014 (1,286) 2012 (1,260) 2007 (2,674)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 2,179 companies were dissolved in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.3% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 2,179 82,370 2013 2,231 77,914 % change -2.3% 5.7% Record Year 2009 (3,864) 2009 (108,066) Dissolved Companies by Quarter
A total of 2,179 companies were dissolved in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.3% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 2,179 82,370 2013 2,231 77,914 % change -2.3% 5.7% Record Year 2009 (3,864) 2009 (108,066) Dissolved Companies by Quarter
A total of 2,179 companies were dissolved in Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.3% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 2,179 82,370 2013 2,231 77,914 % change -2.3% 5.7% Record Year 2009 (3,864) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
Dissolved Companies by Month
Dissolved Companies by Month
January February March Closed companies in 2014 669 742 768 Closed companies in 2013 881 695 655 % change -24.1% 6.8% 17% Record Year 2011 (913) 2009 (793) 2009 (2,529) January February March Closed companies in 2014 669 742 768 Closed companies in 2013 881 695 655 % change -24.1% 6.8% 17% Record Year 2011 (913) 2009 (793) 2009 (2,529) January February March Closed companies in 2014 669 742 768 Closed companies in 2013 881 695 655 % change -24.1% 6.8% 17% Record Year 2011 (913) 2009 (793) 2009 (2,529)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 1,589 companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 1,589 68,352 2013 1,161 56,888 Record Year 2007 (3,305) 2007 (111,282) Net Growth by Quarter
Net company growth for Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 1,589 companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 1,589 68,352 2013 1,161 56,888 Record Year 2007 (3,305) 2007 (111,282) Net Growth by Quarter
Net company growth for Hertfordshire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 1,589 companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire UK 2014 1,589 68,352 2013 1,161 56,888 Record Year 2007 (3,305) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
January 2014 saw a new record in net growth in Hertfordshire when compared to any previous January.
Net Growth by Month
Net Growth by Month
Net Growth by Month
January February March Net growth in 2014 617 462 510 Net growth in 2013 209 428 524 Record Year 2014 (617) 2012 (670) 2007 (2,204) January February March Net growth in 2014 617 462 510 Net growth in 2013 209 428 524 Record Year 2014 (617) 2012 (670) 2007 (2,204) January February March Net growth in 2014 617 462 510 Net growth in 2013 209 428 524 Record Year 2014 (617) 2012 (670) 2007 (2,204)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Hertfordshire formed 2.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% 2010 2.8% Record Year (since 1960) 2000 (3.3%) Company Share by Quarter
In the first quarter of 2014, Hertfordshire formed 2.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% 2010 2.8% Record Year (since 1960) 2000 (3.3%) Company Share by Quarter
In the first quarter of 2014, Hertfordshire formed 2.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Hertfordshire 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% 2010 2.8% Record Year (since 1960) 2000 (3.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
Company Share by Month
Company Share by Month
January February March UK formation share in 2014 2.7% 2.5% 2.3% UK formation share in 2013 2.5% 2.5% 2.5% % change 10.4% -1.0% -9.5% Record Year 2000 (3.9%) 1991 (3.4%) 2007 (4.0%) January February March UK formation share in 2014 2.7% 2.5% 2.3% UK formation share in 2013 2.5% 2.5% 2.5% % change 10.4% -1.0% -9.5% Record Year 2000 (3.9%) 1991 (3.4%) 2007 (4.0%) January February March UK formation share in 2014 2.7% 2.5% 2.3% UK formation share in 2013 2.5% 2.5% 2.5% % change 10.4% -1.0% -9.5% Record Year 2000 (3.9%) 1991 (3.4%) 2007 (4.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 43.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.
Director Age by Quarter
The average age of a director in the first quarter of 2014 was 43.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.
Director Age by Quarter
The average age of a director in the first quarter of 2014 was 43.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Hertfordshire was in 2006 when 28.7% of all directors were female.
26.8% of all director appointments in Hertfordshire in the first quarter of 2014 were female. This compares to a UK average of 26.4% 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.
26.8% of all director appointments in Hertfordshire in the first quarter of 2014 were female. This compares to a UK average of 26.4% 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.
26.8% of all director appointments in Hertfordshire in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.39% CONSULTING 5.22% MANAGEMENT 2.79% MANAGEMENT 4.67% CONSULTANCY 1.90% CONSULTANCY 3.49% PROPERTY 1.45% PROPERTY 2.64% INVESTMENTS 1.00% TRADING 2.05% CONSTRUCTION 0.95% LONDON 1.88% ASSOCIATES 0.92% ENGINEERING 1.86% PROPERTIES 0.91% CARE 1.79% CARE 0.91% CONSTRUCTION 1.75% LONDON 0.88% DESIGN 1.75% MEDIA 0.86% CONSULTANTS 1.73% DESIGN 0.78% BUSINESS 1.71% CONSULTANTS 0.77% PROPERTIES 1.60% BUSINESS 0.75% INVESTMENTS 1.60% J 0.74% GLOBAL 1.58% IT 0.74% J 1.48% DEVELOPMENTS 0.66% ASSOCIATES 1.48% M 0.66% MEDIA 1.48% BUILDING 0.64% IT 1.33% TRADING 0.63% TRANSPORT 1.30% ELECTRICAL 0.63% DEVELOPMENTS 1.29% ENTERPRISES 0.57% BUILDING 1.24% GLOBAL 0.57% M 1.21% ENGINEERING 0.55% CAPITAL 1.20% S 0.55% ELECTRICAL 1.19% word percentage uk word uk percentage CONSULTING 3.38% CONSULTING 5.23% MANAGEMENT 2.80% MANAGEMENT 4.69% CONSULTANCY 1.90% CONSULTANCY 3.49% PROPERTY 1.44% PROPERTY 2.64% INVESTMENTS 0.99% TRADING 2.05% CONSTRUCTION 0.96% LONDON 1.90% CARE 0.94% ENGINEERING 1.87% ASSOCIATES 0.93% CARE 1.80% PROPERTIES 0.91% CONSTRUCTION 1.76% LONDON 0.89% DESIGN 1.75% MEDIA 0.88% CONSULTANTS 1.73% CONSULTANTS 0.78% BUSINESS 1.71% DESIGN 0.77% PROPERTIES 1.60% IT 0.74% INVESTMENTS 1.60% J 0.73% GLOBAL 1.59% BUSINESS 0.72% MEDIA 1.49% DEVELOPMENTS 0.66% J 1.49% BUILDING 0.64% ASSOCIATES 1.48% M 0.64% IT 1.34% TRADING 0.63% TRANSPORT 1.30% ELECTRICAL 0.62% DEVELOPMENTS 1.29% GLOBAL 0.57% BUILDING 1.24% ENTERPRISES 0.57% CAPITAL 1.21% ENGINEERING 0.55% M 1.21% S 0.55% ELECTRICAL 1.19% word percentage uk word uk percentage CONSULTING 3.38% CONSULTING 5.23% MANAGEMENT 2.77% MANAGEMENT 4.69% CONSULTANCY 1.91% CONSULTANCY 3.49% PROPERTY 1.45% PROPERTY 2.64% INVESTMENTS 1.01% TRADING 2.04% CONSTRUCTION 0.96% LONDON 1.90% CARE 0.96% ENGINEERING 1.87% ASSOCIATES 0.92% CARE 1.80% LONDON 0.92% CONSTRUCTION 1.77% PROPERTIES 0.91% DESIGN 1.75% MEDIA 0.89% CONSULTANTS 1.73% CONSULTANTS 0.77% BUSINESS 1.71% DESIGN 0.76% PROPERTIES 1.60% IT 0.75% INVESTMENTS 1.59% J 0.73% GLOBAL 1.59% BUSINESS 0.71% MEDIA 1.49% DEVELOPMENTS 0.67% J 1.48% BUILDING 0.64% ASSOCIATES 1.48% M 0.64% IT 1.34% TRADING 0.63% TRANSPORT 1.30% ELECTRICAL 0.61% DEVELOPMENTS 1.29% ENTERPRISES 0.59% BUILDING 1.24% GLOBAL 0.57% CAPITAL 1.21% ENGINEERING 0.55% M 1.20% S 0.55% ELECTRICAL 1.19%
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 7,517 280,210 70229 - Management consultancy activities other than financial management 1,513 37,882 82990 - Other business support service activities not elsewhere classified 1,382 56,411 62020 - Information technology consultancy activities 1,047 27,750 99999 - Dormant Company 1,021 47,084 96090 - Other service activities not elsewhere classified 751 26,700 74909 - Other professional, scientific and technical activities not elsewhere classified 487 18,491 74990 - Non-trading company 437 14,135 62090 - Other information technology service activities 371 12,813 41100 - Development of building projects 366 9,855 86900 - Other human health activities 303 10,273 62012 - Business and domestic software development 288 9,509 43999 - Other specialised construction activities not elsewhere classified 228 8,155 68209 - Other letting and operating of own or leased real estate 218 9,284 69201 - Accounting and auditing activities 216 7,313 47910 - Retail sale via mail order houses or via Internet 210 9,358 98000 - Residents property management 201 4,832 86101 - Hospital activities 170 2,870 47990 - Other retail sale not in stores, stalls or markets 169 5,988 78109 - Other activities of employment placement agencies 169 3,840 sic code number of companies uk companies None Supplied 6,932 254,725 70229 - Management consultancy activities other than financial management 1,543 39,157 82990 - Other business support service activities not elsewhere classified 1,424 57,654 62020 - Information technology consultancy activities 1,084 28,692 99999 - Dormant Company 1,060 48,100 96090 - Other service activities not elsewhere classified 765 27,652 74909 - Other professional, scientific and technical activities not elsewhere classified 486 19,018 74990 - Non-trading company 441 14,336 62090 - Other information technology service activities 381 13,149 41100 - Development of building projects 379 10,295 86900 - Other human health activities 320 10,681 62012 - Business and domestic software development 291 9,818 43999 - Other specialised construction activities not elsewhere classified 234 8,495 68209 - Other letting and operating of own or leased real estate 227 9,713 69201 - Accounting and auditing activities 223 7,495 47910 - Retail sale via mail order houses or via Internet 213 9,673 98000 - Residents property management 200 5,032 78109 - Other activities of employment placement agencies 176 3,990 86101 - Hospital activities 174 3,025 47990 - Other retail sale not in stores, stalls or markets 174 6,203 sic code number of companies uk companies None Supplied 6,925 254,441 70229 - Management consultancy activities other than financial management 1,540 39,242 82990 - Other business support service activities not elsewhere classified 1,421 57,543 62020 - Information technology consultancy activities 1,093 28,770 99999 - Dormant Company 1,050 47,692 96090 - Other service activities not elsewhere classified 762 27,543 74909 - Other professional, scientific and technical activities not elsewhere classified 483 18,956 74990 - Non-trading company 427 14,142 62090 - Other information technology service activities 381 13,145 41100 - Development of building projects 377 10,399 86900 - Other human health activities 319 10,715 62012 - Business and domestic software development 290 9,838 68209 - Other letting and operating of own or leased real estate 233 9,832 43999 - Other specialised construction activities not elsewhere classified 232 8,503 69201 - Accounting and auditing activities 222 7,527 47910 - Retail sale via mail order houses or via Internet 213 9,695 98000 - Residents property management 201 5,073 78109 - Other activities of employment placement agencies 176 4,007 41202 - Construction of domestic buildings 175 6,917 86101 - Hospital activities 175 3,036
Recent Companies
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Randomly selected companies from this quarter
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