Hertfordshire
2014 Half Year Business Confidence Report
Headlines
- Q2 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q2.
- Q2 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q2.
- June 2014 saw a new record in company registrations in Hertfordshire when compared to any previous June.
- May 2014 saw a new record in company registrations in Hertfordshire when compared to any previous May.
- June 2014 saw a new record in company registrations in Hertfordshire when compared to any previous June.
- May 2014 saw a new record in company registrations in Hertfordshire when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 7,656 companies were formed in Hertfordshire. This figure is 13.8% higher than last year, which compares well to the UK wide figure of 11.6%.
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) Hertfordshire UK 2014 7,656 300,731 2013 6,729 269,432 % change 13.8% 11.6% Record Year 2007 (8,283) 2014 (300,731) In the first half of 2014 a total of 7,656 companies were formed in Hertfordshire. This figure is 13.8% higher than last year, which compares well to the UK wide figure of 11.6%.
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) Hertfordshire UK 2014 7,656 300,731 2013 6,729 269,432 % change 13.8% 11.6% Record Year 2007 (8,283) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q2.
Q2 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q2.
A total of 3,888 companies were registered in Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 16.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 3,888 150,009 2013 3,337 134,630 % change 16.5% 11.4% Record Year 2014 (3,888) 2014 (150,009) New Companies by Quarter
A total of 3,888 companies were registered in Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 16.5% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 3,888 150,009 2013 3,337 134,630 % change 16.5% 11.4% Record Year 2014 (3,888) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Hertfordshire when compared to any previous June.
May 2014 saw a new record in company registrations in Hertfordshire when compared to any previous May.
June 2014 saw a new record in company registrations in Hertfordshire when compared to any previous June.
May 2014 saw a new record in company registrations in Hertfordshire when compared to any previous May.
New Companies by Month
New Companies by Month
April May June New companies in 2014 1,435 1,254 1,199 New companies in 2013 1,269 1,065 1,003 % change 13.1% 17.7% 19.5% Record Year 2007 (1,493) 2014 (1,254) 2014 (1,199) April May June New companies in 2014 1,435 1,254 1,199 New companies in 2013 1,269 1,065 1,003 % change 13.1% 17.7% 19.5% Record Year 2007 (1,493) 2014 (1,254) 2014 (1,199)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 4,614 companies were dissolved in Hertfordshire. This figure is 6.0% higher than last year, which compares well to the UK wide change of 14.2%.
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) Hertfordshire UK 2014 4,614 177,207 2013 4,354 155,192 % change 6.0% 14.2% Record Year 2009 (9,076) 2009 (289,245) In the first half of 2014 a total of 4,614 companies were dissolved in Hertfordshire. This figure is 6.0% higher than last year, which compares well to the UK wide change of 14.2%.
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) Hertfordshire UK 2014 4,614 177,207 2013 4,354 155,192 % change 6.0% 14.2% Record Year 2009 (9,076) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 2,435 companies were dissolved in Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 14.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 2,435 94,837 2013 2,123 77,278 % change 14.7% 22.7% Record Year 2009 (5,212) 2009 (181,179) Dissolved Companies by Quarter
A total of 2,435 companies were dissolved in Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 14.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 2,435 94,837 2013 2,123 77,278 % change 14.7% 22.7% Record Year 2009 (5,212) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
Dissolved Companies by Month
April May June Closed companies in 2014 506 1,025 904 Closed companies in 2013 824 605 694 % change -38.6% 69.4% 30% Record Year 2009 (1,448) 2009 (2,382) 2009 (1,382) April May June Closed companies in 2014 506 1,025 904 Closed companies in 2013 824 605 694 % change -38.6% 69.4% 30% Record Year 2009 (1,448) 2009 (2,382) 2009 (1,382)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Hertfordshire increased by 3,042 companies.
Half Year (Jan-Jun) Hertfordshire UK 2014 3,042 123,524 2013 2,375 114,240 Record Year 2007 (5,516) 2007 (171,296) In the first half of 2014 the company register for Hertfordshire increased by 3,042 companies.
Half Year (Jan-Jun) Hertfordshire UK 2014 3,042 123,524 2013 2,375 114,240 Record Year 2007 (5,516) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014) was 1,453 companies.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 1,453 55,172 2013 1,214 57,352 Record Year 2007 (2,211) 2007 (60,014) Net Growth by Quarter
Net company growth for Hertfordshire during the second quarter of 2014 (Apr 2014 - Jun 2014) was 1,453 companies.
second quarter (Apr 2014 - Jun 2014) Hertfordshire UK 2014 1,453 55,172 2013 1,214 57,352 Record Year 2007 (2,211) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 929 229 295 Net growth in 2013 445 460 309 Record Year 2007 (1,203) 2007 (536) 2008 (672) April May June Net growth in 2014 929 229 295 Net growth in 2013 445 460 309 Record Year 2007 (1,203) 2007 (536) 2008 (672)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Hertfordshire formed 2.5% of all UK companies. This is the same as the 2013 figure of 2.5%.
Half Year (Jan-Jun) Hertfordshire 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% 2010 2.8% Record Year (since 1960) 1993 (3.2%) Company Share by Half Year
In the first half of 2014 Hertfordshire formed 2.5% of all UK companies. This is the same as the 2013 figure of 2.5%.
Half Year (Jan-Jun) Hertfordshire 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% 2010 2.8% Record Year (since 1960) 1993 (3.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Hertfordshire formed 2.6% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Hertfordshire 2014 2.6% 2013 2.5% 2012 2.8% 2011 2.8% 2010 2.8% Record Year (since 1960) 1993 (3.2%) Company Share by Quarter
In the second quarter of 2014, Hertfordshire formed 2.6% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Hertfordshire 2014 2.6% 2013 2.5% 2012 2.8% 2011 2.8% 2010 2.8% Record Year (since 1960) 1993 (3.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 2.7% 2.6% 2.5% UK formation share in 2013 2.6% 2.4% 2.4% % change 2.0% 8.7% 3.6% Record Year 1990 (3.8%) 1993 (3.4%) 1998 (3.4%) April May June UK formation share in 2014 2.7% 2.6% 2.5% UK formation share in 2013 2.6% 2.4% 2.4% % change 2.0% 8.7% 3.6% Record Year 1990 (3.8%) 1993 (3.4%) 1998 (3.4%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 43.7.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.5%.
Director Age by Half Year
The average age of a director in the first half of 2014 was 43.7.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 44.2.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.6%.
Director Age by Quarter
The average age of a director in the second quarter of 2014 was 44.2.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Hertfordshire was 2007 when 28.7% of all directors were female.
26.5% of all director appointments in Hertfordshire in the first half of 2014 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.
26.5% of all director appointments in Hertfordshire in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Hertfordshire was in 2007 when 28.8% of all directors were female.
26.3% of all director appointments in Hertfordshire in the second quarter of 2014 were female. This compares to a UK average of 25.9% 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.
26.3% of all director appointments in Hertfordshire in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.47% CONSULTING 5.16% MANAGEMENT 2.68% MANAGEMENT 4.64% CONSULTANCY 1.98% CONSULTANCY 3.50% PROPERTY 1.46% PROPERTY 2.66% CONSTRUCTION 1.02% TRADING 2.03% CARE 0.97% ENGINEERING 1.99% PROPERTIES 0.96% CONSTRUCTION 1.93% LONDON 0.96% LONDON 1.93% INVESTMENTS 0.96% CARE 1.85% ASSOCIATES 0.87% DESIGN 1.75% CONSULTANTS 0.86% CONSULTANTS 1.73% MEDIA 0.85% BUSINESS 1.69% DESIGN 0.81% PROPERTIES 1.63% IT 0.81% TRANSPORT 1.58% J 0.80% GLOBAL 1.55% BUSINESS 0.71% INVESTMENTS 1.55% BUILDING 0.70% J 1.51% ELECTRICAL 0.70% ASSOCIATES 1.48% M 0.70% MEDIA 1.44% TRADING 0.63% ELECTRICAL 1.40% DEVELOPMENTS 0.62% IT 1.33% ENGINEERING 0.58% DEVELOPMENTS 1.33% ENTERPRISES 0.56% BUILDING 1.26% GLOBAL 0.56% M 1.24% MARKETING 0.53% CO., 1.20% word percentage uk word uk percentage CONSULTING 3.47% CONSULTING 5.16% MANAGEMENT 2.64% MANAGEMENT 4.64% CONSULTANCY 1.97% CONSULTANCY 3.49% PROPERTY 1.47% PROPERTY 2.66% CONSTRUCTION 1.02% TRADING 2.03% LONDON 1.00% ENGINEERING 1.99% CARE 0.99% LONDON 1.93% INVESTMENTS 0.97% CONSTRUCTION 1.93% PROPERTIES 0.96% CARE 1.85% ASSOCIATES 0.86% DESIGN 1.75% CONSULTANTS 0.86% CONSULTANTS 1.73% MEDIA 0.85% BUSINESS 1.69% IT 0.81% PROPERTIES 1.63% DESIGN 0.80% TRANSPORT 1.58% J 0.79% GLOBAL 1.55% M 0.70% INVESTMENTS 1.55% BUILDING 0.70% J 1.50% BUSINESS 0.70% ASSOCIATES 1.48% ELECTRICAL 0.70% MEDIA 1.44% DEVELOPMENTS 0.63% ELECTRICAL 1.40% TRADING 0.61% IT 1.33% ENGINEERING 0.58% DEVELOPMENTS 1.33% ENTERPRISES 0.58% BUILDING 1.26% GLOBAL 0.55% M 1.23% CAPITAL 0.53% CO., 1.20%
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 6,950 261,557 70229 - Management consultancy activities other than financial management 1,556 40,250 82990 - Other business support service activities not elsewhere classified 1,417 57,421 62020 - Information technology consultancy activities 1,074 29,029 99999 - Dormant Company 1,059 48,436 96090 - Other service activities not elsewhere classified 769 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 471 19,058 74990 - Non-trading company 411 14,351 41100 - Development of building projects 389 10,527 86900 - Other human health activities 362 11,292 62090 - Other information technology service activities 358 13,024 62012 - Business and domestic software development 297 9,834 68209 - Other letting and operating of own or leased real estate 238 10,133 69201 - Accounting and auditing activities 231 7,415 43999 - Other specialised construction activities not elsewhere classified 224 8,533 47910 - Retail sale via mail order houses or via Internet 223 9,900 98000 - Residents property management 208 5,046 78109 - Other activities of employment placement agencies 191 4,076 86101 - Hospital activities 189 3,357 41202 - Construction of domestic buildings 184 7,053 sic code number of companies uk companies None Supplied 6,905 259,495 70229 - Management consultancy activities other than financial management 1,552 40,375 82990 - Other business support service activities not elsewhere classified 1,417 57,459 62020 - Information technology consultancy activities 1,083 29,145 99999 - Dormant Company 1,055 48,126 96090 - Other service activities not elsewhere classified 771 28,340 74909 - Other professional, scientific and technical activities not elsewhere classified 469 19,026 74990 - Non-trading company 399 14,184 41100 - Development of building projects 389 10,664 86900 - Other human health activities 364 11,353 62090 - Other information technology service activities 360 13,042 62012 - Business and domestic software development 296 9,875 68209 - Other letting and operating of own or leased real estate 241 10,262 69201 - Accounting and auditing activities 231 7,438 43999 - Other specialised construction activities not elsewhere classified 223 8,555 47910 - Retail sale via mail order houses or via Internet 222 9,940 98000 - Residents property management 210 5,095 78109 - Other activities of employment placement agencies 192 4,103 41202 - Construction of domestic buildings 189 7,088 86101 - Hospital activities 189 3,381
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09021209 AUGMENTED WORLD LIMITED 01 May 2014 09022636 MILVIK UK LIMITED 02 May 2014 09028779 PADDY FUN LIMITED 07 May 2014 09031377 HERTSOLUTIONS LTD 09 May 2014 09037778 LEXI (5.3) LTD 13 May 2014 09042708 ARWEN IMAN LIMITED 15 May 2014 09046425 RAFICON LIMITED 19 May 2014 09046938 NEWBURY MANAGEMENT LTD 19 May 2014 09050075 VISCAPE PRODUCTIONS LTD 21 May 2014 09050173 ST ALBANS HAIR LIMITED 21 May 2014 09052733 LIBRE LIMITED 22 May 2014 09062412 CONSUELA & CO LTD 29 May 2014 09063795 BYRON BLAKE LIMITED 30 May 2014 09026902 D & R INSTALLATION LTD 07 May 2014 09031583 CROSSWAY CONSTRUCTION LTD 09 May 2014 09044797 VIDEO GAMES LIMITED 16 May 2014 09047009 UN CONSULTANTS LTD 19 May 2014 09049433 SJB DRAUGHTING LIMITED 21 May 2014 09062429 RUN RAGGED RIGGING LTD 29 May 2014 09033837 NIEVE IT LTD 12 May 2014 09040611 WONDERFUL COLOUR LTD 15 May 2014 09042128 BIGGLESWADE INN LTD 15 May 2014 09051503 PETER WHEELER LIMITED 22 May 2014 09060041 THE REAL FINE WINE LIMITED 28 May 2014 09062297 BRENNAN DESIGN AND PROJECTS LIMITED 29 May 2014
reports
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