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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

  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 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)HertfordshireUK
    20143,768150,722
    20133,392134,802
    % change11.1%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)HertfordshireUK
    20143,768150,722
    20133,392134,802
    % change11.1%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)HertfordshireUK
    20143,768150,722
    20133,392134,802
    % change11.1%11.8%
    Record Year 2007 (4,764) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 20141,2861,2041,278
    New companies in 20131,0901,1231,179
    % change18.0%7.2%8.4%
    Record Year2014 (1,286)2012 (1,260)2007 (2,674)
    JanuaryFebruaryMarch
    New companies in 20141,2861,2041,278
    New companies in 20131,0901,1231,179
    % change18.0%7.2%8.4%
    Record Year2014 (1,286)2012 (1,260)2007 (2,674)
    JanuaryFebruaryMarch
    New companies in 20141,2861,2041,278
    New companies in 20131,0901,1231,179
    % change18.0%7.2%8.4%
    Record Year2014 (1,286)2012 (1,260)2007 (2,674)

Closed Companies (dissolved)

  1. 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)HertfordshireUK
    20142,17982,370
    20132,23177,914
    % 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)HertfordshireUK
    20142,17982,370
    20132,23177,914
    % 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)HertfordshireUK
    20142,17982,370
    20132,23177,914
    % change-2.3%5.7%
    Record Year 2009 (3,864) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014669742768
    Closed companies in 2013881695655
    % change-24.1%6.8%17%
    Record Year2011 (913)2009 (793)2009 (2,529)
    JanuaryFebruaryMarch
    Closed companies in 2014669742768
    Closed companies in 2013881695655
    % change-24.1%6.8%17%
    Record Year2011 (913)2009 (793)2009 (2,529)
    JanuaryFebruaryMarch
    Closed companies in 2014669742768
    Closed companies in 2013881695655
    % change-24.1%6.8%17%
    Record Year2011 (913)2009 (793)2009 (2,529)

Net Company Growth

  1. 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)HertfordshireUK
    20141,58968,352
    20131,16156,888
    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)HertfordshireUK
    20141,58968,352
    20131,16156,888
    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)HertfordshireUK
    20141,58968,352
    20131,16156,888
    Record Year 2007 (3,305) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014617462510
    Net growth in 2013209428524
    Record Year2014 (617)2012 (670)2007 (2,204)
    JanuaryFebruaryMarch
    Net growth in 2014617462510
    Net growth in 2013209428524
    Record Year2014 (617)2012 (670)2007 (2,204)
    JanuaryFebruaryMarch
    Net growth in 2014617462510
    Net growth in 2013209428524
    Record Year2014 (617)2012 (670)2007 (2,204)

UK Company Share

  1. 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
    20142.5%
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    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
    20142.5%
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    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
    20142.5%
    20132.5%
    20122.7%
    20112.8%
    20102.8%
    Record Year (since 1960) 2000 (3.3%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20142.7%2.5%2.3%
    UK formation share in 20132.5%2.5%2.5%
    % change10.4%-1.0%-9.5%
    Record Year2000 (3.9%)1991 (3.4%)2007 (4.0%)
    JanuaryFebruaryMarch
    UK formation share in 20142.7%2.5%2.3%
    UK formation share in 20132.5%2.5%2.5%
    % change10.4%-1.0%-9.5%
    Record Year2000 (3.9%)1991 (3.4%)2007 (4.0%)
    JanuaryFebruaryMarch
    UK formation share in 20142.7%2.5%2.3%
    UK formation share in 20132.5%2.5%2.5%
    % change10.4%-1.0%-9.5%
    Record Year2000 (3.9%)1991 (3.4%)2007 (4.0%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING3.39%CONSULTING5.22%
    MANAGEMENT2.79%MANAGEMENT4.67%
    CONSULTANCY1.90%CONSULTANCY3.49%
    PROPERTY1.45%PROPERTY2.64%
    INVESTMENTS1.00%TRADING2.05%
    CONSTRUCTION0.95%LONDON1.88%
    ASSOCIATES0.92%ENGINEERING1.86%
    PROPERTIES0.91%CARE1.79%
    CARE0.91%CONSTRUCTION1.75%
    LONDON0.88%DESIGN1.75%
    MEDIA0.86%CONSULTANTS1.73%
    DESIGN0.78%BUSINESS1.71%
    CONSULTANTS0.77%PROPERTIES1.60%
    BUSINESS0.75%INVESTMENTS1.60%
    J0.74%GLOBAL1.58%
    IT0.74%J1.48%
    DEVELOPMENTS0.66%ASSOCIATES1.48%
    M0.66%MEDIA1.48%
    BUILDING0.64%IT1.33%
    TRADING0.63%TRANSPORT1.30%
    ELECTRICAL0.63%DEVELOPMENTS1.29%
    ENTERPRISES0.57%BUILDING1.24%
    GLOBAL0.57%M1.21%
    ENGINEERING0.55%CAPITAL1.20%
    S0.55%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CONSULTING3.38%CONSULTING5.23%
    MANAGEMENT2.80%MANAGEMENT4.69%
    CONSULTANCY1.90%CONSULTANCY3.49%
    PROPERTY1.44%PROPERTY2.64%
    INVESTMENTS0.99%TRADING2.05%
    CONSTRUCTION0.96%LONDON1.90%
    CARE0.94%ENGINEERING1.87%
    ASSOCIATES0.93%CARE1.80%
    PROPERTIES0.91%CONSTRUCTION1.76%
    LONDON0.89%DESIGN1.75%
    MEDIA0.88%CONSULTANTS1.73%
    CONSULTANTS0.78%BUSINESS1.71%
    DESIGN0.77%PROPERTIES1.60%
    IT0.74%INVESTMENTS1.60%
    J0.73%GLOBAL1.59%
    BUSINESS0.72%MEDIA1.49%
    DEVELOPMENTS0.66%J1.49%
    BUILDING0.64%ASSOCIATES1.48%
    M0.64%IT1.34%
    TRADING0.63%TRANSPORT1.30%
    ELECTRICAL0.62%DEVELOPMENTS1.29%
    GLOBAL0.57%BUILDING1.24%
    ENTERPRISES0.57%CAPITAL1.21%
    ENGINEERING0.55%M1.21%
    S0.55%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CONSULTING3.38%CONSULTING5.23%
    MANAGEMENT2.77%MANAGEMENT4.69%
    CONSULTANCY1.91%CONSULTANCY3.49%
    PROPERTY1.45%PROPERTY2.64%
    INVESTMENTS1.01%TRADING2.04%
    CONSTRUCTION0.96%LONDON1.90%
    CARE0.96%ENGINEERING1.87%
    ASSOCIATES0.92%CARE1.80%
    LONDON0.92%CONSTRUCTION1.77%
    PROPERTIES0.91%DESIGN1.75%
    MEDIA0.89%CONSULTANTS1.73%
    CONSULTANTS0.77%BUSINESS1.71%
    DESIGN0.76%PROPERTIES1.60%
    IT0.75%INVESTMENTS1.59%
    J0.73%GLOBAL1.59%
    BUSINESS0.71%MEDIA1.49%
    DEVELOPMENTS0.67%J1.48%
    BUILDING0.64%ASSOCIATES1.48%
    M0.64%IT1.34%
    TRADING0.63%TRANSPORT1.30%
    ELECTRICAL0.61%DEVELOPMENTS1.29%
    ENTERPRISES0.59%BUILDING1.24%
    GLOBAL0.57%CAPITAL1.21%
    ENGINEERING0.55%M1.20%
    S0.55%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,517280,210
    70229 - Management consultancy activities other than financial management1,51337,882
    82990 - Other business support service activities not elsewhere classified1,38256,411
    62020 - Information technology consultancy activities1,04727,750
    99999 - Dormant Company1,02147,084
    96090 - Other service activities not elsewhere classified75126,700
    74909 - Other professional, scientific and technical activities not elsewhere classified48718,491
    74990 - Non-trading company43714,135
    62090 - Other information technology service activities37112,813
    41100 - Development of building projects3669,855
    86900 - Other human health activities30310,273
    62012 - Business and domestic software development2889,509
    43999 - Other specialised construction activities not elsewhere classified2288,155
    68209 - Other letting and operating of own or leased real estate2189,284
    69201 - Accounting and auditing activities2167,313
    47910 - Retail sale via mail order houses or via Internet2109,358
    98000 - Residents property management2014,832
    86101 - Hospital activities1702,870
    47990 - Other retail sale not in stores, stalls or markets1695,988
    78109 - Other activities of employment placement agencies1693,840
    sic codenumber of companiesuk companies
    None Supplied6,932254,725
    70229 - Management consultancy activities other than financial management1,54339,157
    82990 - Other business support service activities not elsewhere classified1,42457,654
    62020 - Information technology consultancy activities1,08428,692
    99999 - Dormant Company1,06048,100
    96090 - Other service activities not elsewhere classified76527,652
    74909 - Other professional, scientific and technical activities not elsewhere classified48619,018
    74990 - Non-trading company44114,336
    62090 - Other information technology service activities38113,149
    41100 - Development of building projects37910,295
    86900 - Other human health activities32010,681
    62012 - Business and domestic software development2919,818
    43999 - Other specialised construction activities not elsewhere classified2348,495
    68209 - Other letting and operating of own or leased real estate2279,713
    69201 - Accounting and auditing activities2237,495
    47910 - Retail sale via mail order houses or via Internet2139,673
    98000 - Residents property management2005,032
    78109 - Other activities of employment placement agencies1763,990
    86101 - Hospital activities1743,025
    47990 - Other retail sale not in stores, stalls or markets1746,203
    sic codenumber of companiesuk companies
    None Supplied6,925254,441
    70229 - Management consultancy activities other than financial management1,54039,242
    82990 - Other business support service activities not elsewhere classified1,42157,543
    62020 - Information technology consultancy activities1,09328,770
    99999 - Dormant Company1,05047,692
    96090 - Other service activities not elsewhere classified76227,543
    74909 - Other professional, scientific and technical activities not elsewhere classified48318,956
    74990 - Non-trading company42714,142
    62090 - Other information technology service activities38113,145
    41100 - Development of building projects37710,399
    86900 - Other human health activities31910,715
    62012 - Business and domestic software development2909,838
    68209 - Other letting and operating of own or leased real estate2339,832
    43999 - Other specialised construction activities not elsewhere classified2328,503
    69201 - Accounting and auditing activities2227,527
    47910 - Retail sale via mail order houses or via Internet2139,695
    98000 - Residents property management2015,073
    78109 - Other activities of employment placement agencies1764,007
    41202 - Construction of domestic buildings1756,917
    86101 - Hospital activities1753,036

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08919971 BHARDWAJ CONSULTANTS LTD 03 Mar 2014
    08920943 ELOQUENT DESIGNS LTD 04 Mar 2014
    08924664 QUICKSILVER HOME BUYERS LIMITED 05 Mar 2014
    08927869 SUNNY HOUSE CARE LTD 07 Mar 2014
    08930814 SALVEI & SEAN LIMITED 10 Mar 2014
    08936408 ALLSTRAC LIMITED 12 Mar 2014
    08939038 THE PHYSIOTHERAPY CLINIC (WGC) LIMITED 14 Mar 2014
    08940938 PRE RETIREMENT MORTGAGE SOLUTIONS LTD 17 Mar 2014
    08940957 ELEVEN 11 LTD 17 Mar 2014
    08941215 SIMHAN MORDEN HR CONSULTANT LIMITED 17 Mar 2014
    08943716 BEED VIRTUAL ASSISTANT SERVICES LTD 17 Mar 2014
    08944283 DREAMCATCHER CONSULTING LTD 18 Mar 2014
    08948124 JAMES DEWE-MATHEWS LIMITED 19 Mar 2014
    08964649 RENDHAM MARKETING SERVICES LIMITED 28 Mar 2014
    08933592 GOODMANS LETTINGS LTD 11 Mar 2014
    08953414 KITAE EVENTS OF DISTINCTION LTD. 21 Mar 2014
    08965802 SCENIC ASSIST LTD 28 Mar 2014
    08927242 ALBAN TATTOO COMPANY LTD 06 Mar 2014
    08928741 ANDREWS MEDIA LIMITED 07 Mar 2014
    08940983 ABILITY BOX MARKETING LIMITED 17 Mar 2014
    08941452 ANDREW WRIGHT MANAGEMENT SERVICES LTD 17 Mar 2014
    08943858 COMPLETE DECOR SOLUTIONS LIMITED 17 Mar 2014
    08944035 TIMBERS ACCOUNTANTS LTD 18 Mar 2014
    08945393 V2 PARTNERS LTD 18 Mar 2014
    08950866 CHRIS MCDONALD CREATIVE LIMITED 20 Mar 2014

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