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Hertfordshire

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Hertfordshire when compared to any previous September.
  • August 2014 saw a new record in company registrations in Hertfordshire when compared to any previous August.
  • July 2014 saw a new record in company registrations in Hertfordshire when compared to any previous July.
  • September 2014 saw a new record in company registrations in Hertfordshire when compared to any previous September.
  • August 2014 saw a new record in company registrations in Hertfordshire when compared to any previous August.
  • July 2014 saw a new record in company registrations in Hertfordshire when compared to any previous July.
  • July 2014 saw a new record in company closures in Hertfordshire when compared to any previous July.
  • July 2014 saw a new record in company closures in Hertfordshire when compared to any previous July.
  • August 2014 saw a new record in net growth in Hertfordshire when compared to any previous August.
  • August 2014 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 2014)

    Q3 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Hertfordshire when compared to any previous Q3.

    A total of 3,694 companies were registered in Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 11.4% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20143,694143,414
    20133,316132,684
    % change11.4%8.1%
    Record Year 2014 (3,694) 2014 (143,414)
    New Companies by Quarter

    A total of 3,694 companies were registered in Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 11.4% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20143,694143,414
    20133,316132,684
    % change11.4%8.1%
    Record Year 2014 (3,694) 2014 (143,414)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    September 2014 saw a new record in company registrations in Hertfordshire when compared to any previous September.

    August 2014 saw a new record in company registrations in Hertfordshire when compared to any previous August.

    July 2014 saw a new record in company registrations in Hertfordshire when compared to any previous July.

    September 2014 saw a new record in company registrations in Hertfordshire when compared to any previous September.

    August 2014 saw a new record in company registrations in Hertfordshire when compared to any previous August.

    July 2014 saw a new record in company registrations in Hertfordshire when compared to any previous July.

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 20141,3171,1611,216
    New companies in 20131,1191,0581,139
    % change17.7%9.7%6.8%
    Record Year2014 (1,317)2014 (1,161)2014 (1,216)
    JulyAugustSeptember
    New companies in 20141,3171,1611,216
    New companies in 20131,1191,0581,139
    % change17.7%9.7%6.8%
    Record Year2014 (1,317)2014 (1,161)2014 (1,216)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 2,651 companies were dissolved in Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 23.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20142,651101,670
    20132,14986,170
    % change23.4%18.0%
    Record Year 2009 (3,674) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 2,651 companies were dissolved in Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 23.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20142,651101,670
    20132,14986,170
    % change23.4%18.0%
    Record Year 2009 (3,674) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Hertfordshire when compared to any previous July.

    July 2014 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 2014960693998
    Closed companies in 2013782598769
    % change22.8%15.9%30%
    Record Year2014 (960)2008 (1,659)2009 (1,785)
    JulyAugustSeptember
    Closed companies in 2014960693998
    Closed companies in 2013782598769
    % change22.8%15.9%30%
    Record Year2014 (960)2008 (1,659)2009 (1,785)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,043 companies.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20141,04341,744
    20131,16746,514
    Record Year 2011 (1,263) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Hertfordshire during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,043 companies.

    third quarter (Jul 2014 - Sep 2014)HertfordshireUK
    20141,04341,744
    20131,16746,514
    Record Year 2011 (1,263) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    August 2014 saw a new record in net growth in Hertfordshire when compared to any previous August.

    August 2014 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 2014357468218
    Net growth in 2013337460370
    Record Year2008 (668)2014 (468)2004 (588)
    JulyAugustSeptember
    Net growth in 2014357468218
    Net growth in 2013337460370
    Record Year2008 (668)2014 (468)2004 (588)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Hertfordshire formed 2.6% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Hertfordshire
    20142.6%
    20132.5%
    20122.7%
    20112.6%
    20102.6%
    Record Year (since 1960) 1991 (3.2%)
    Company Share by Quarter

    In the third quarter of 2014, Hertfordshire formed 2.6% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Hertfordshire
    20142.6%
    20132.5%
    20122.7%
    20112.6%
    20102.6%
    Record Year (since 1960) 1991 (3.2%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20142.6%2.7%2.5%
    UK formation share in 20132.4%2.5%2.5%
    % change6.9%4.6%-2.1%
    Record Year1991 (3.6%)1998 (3.4%)1992 (3.1%)
    JulyAugustSeptember
    UK formation share in 20142.6%2.7%2.5%
    UK formation share in 20132.4%2.5%2.5%
    % change6.9%4.6%-2.1%
    Record Year1991 (3.6%)1998 (3.4%)1992 (3.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Hertfordshire was in 2007 when 29.0% of all directors were female.

    26.6% of all director appointments in Hertfordshire in the third quarter of 2014 were female. This compares to a UK average of 26.3% 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.

    26.6% of all director appointments in Hertfordshire in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.39%CONSULTING5.17%
    MANAGEMENT2.60%MANAGEMENT4.63%
    CONSULTANCY1.96%CONSULTANCY3.55%
    PROPERTY1.48%PROPERTY2.62%
    CONSTRUCTION1.08%ENGINEERING2.07%
    LONDON1.05%CONSTRUCTION2.05%
    CARE1.03%TRADING2.00%
    PROPERTIES0.96%LONDON1.95%
    INVESTMENTS0.95%CARE1.94%
    CONSULTANTS0.87%TRANSPORT1.76%
    ASSOCIATES0.85%DESIGN1.70%
    J0.83%CONSULTANTS1.70%
    ELECTRICAL0.83%PROPERTIES1.63%
    MARKETING0.80%BUSINESS1.62%
    MEDIA0.80%J1.53%
    IT0.80%ELECTRICAL1.53%
    DESIGN0.78%GLOBAL1.51%
    HEALTH0.76%INVESTMENTS1.50%
    BUILDING0.76%ASSOCIATES1.48%
    TRADING0.74%MEDIA1.38%
    BUSINESS0.65%CO.,1.36%
    M0.63%DEVELOPMENTS1.35%
    DEVELOPMENTS0.62%BUILDING1.30%
    ENGINEERING0.58%IT1.30%
    TRANSPORT0.58%M1.23%
    wordpercentageuk worduk percentage
    CONSULTING3.40%CONSULTING5.18%
    MANAGEMENT2.58%MANAGEMENT4.63%
    CONSULTANCY1.95%CONSULTANCY3.54%
    PROPERTY1.50%PROPERTY2.63%
    LONDON1.09%ENGINEERING2.08%
    CONSTRUCTION1.07%CONSTRUCTION2.05%
    CARE1.04%TRADING2.01%
    INVESTMENTS0.97%LONDON1.95%
    PROPERTIES0.94%CARE1.94%
    CONSULTANTS0.85%TRANSPORT1.76%
    ASSOCIATES0.84%DESIGN1.70%
    ELECTRICAL0.83%CONSULTANTS1.69%
    J0.82%PROPERTIES1.63%
    MARKETING0.80%BUSINESS1.63%
    MEDIA0.80%ELECTRICAL1.53%
    IT0.80%J1.53%
    DESIGN0.77%GLOBAL1.52%
    BUILDING0.76%INVESTMENTS1.50%
    HEALTH0.74%ASSOCIATES1.48%
    TRADING0.72%MEDIA1.38%
    BUSINESS0.64%CO.,1.36%
    DEVELOPMENTS0.62%DEVELOPMENTS1.35%
    M0.62%BUILDING1.30%
    TRANSPORT0.58%IT1.30%
    ENGINEERING0.58%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,082278,481
    70229 - Management consultancy activities other than financial management1,56540,717
    82990 - Other business support service activities not elsewhere classified1,38657,264
    62020 - Information technology consultancy activities1,07729,313
    99999 - Dormant Company1,04948,286
    96090 - Other service activities not elsewhere classified77228,224
    74909 - Other professional, scientific and technical activities not elsewhere classified46318,890
    74990 - Non-trading company40614,006
    41100 - Development of building projects38810,604
    86900 - Other human health activities38611,807
    62090 - Other information technology service activities36612,795
    62012 - Business and domestic software development2899,675
    68209 - Other letting and operating of own or leased real estate24810,361
    47910 - Retail sale via mail order houses or via Internet2409,914
    98000 - Residents property management2245,047
    69201 - Accounting and auditing activities2217,401
    43999 - Other specialised construction activities not elsewhere classified2208,501
    41202 - Construction of domestic buildings2027,151
    86101 - Hospital activities1973,680
    68100 - Buying and selling of own real estate1836,595
    sic codenumber of companiesuk companies
    None Supplied6,679263,052
    70229 - Management consultancy activities other than financial management1,58741,421
    82990 - Other business support service activities not elsewhere classified1,41558,078
    62020 - Information technology consultancy activities1,10429,780
    99999 - Dormant Company1,06848,811
    96090 - Other service activities not elsewhere classified79028,864
    74909 - Other professional, scientific and technical activities not elsewhere classified46719,117
    74990 - Non-trading company40914,053
    41100 - Development of building projects40210,983
    86900 - Other human health activities39412,105
    62090 - Other information technology service activities37512,999
    62012 - Business and domestic software development2909,848
    68209 - Other letting and operating of own or leased real estate25610,684
    47910 - Retail sale via mail order houses or via Internet24510,125
    98000 - Residents property management2275,163
    69201 - Accounting and auditing activities2237,504
    43999 - Other specialised construction activities not elsewhere classified2228,701
    41202 - Construction of domestic buildings2117,363
    86101 - Hospital activities1973,801
    68100 - Buying and selling of own real estate1876,772

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09112320 DOBBS SERVICES LTD 02 Jul 2014
    09113091 BLUETECH ADVANCED SOLUTIONS LIMITED 02 Jul 2014
    09113896 WHITEWAY DEVELOPMENTS LIMITED 03 Jul 2014
    09119361 MONACO HOME FINDER LIMITED 07 Jul 2014
    09122276 S.S. IMPORTERS UK LIMITED 08 Jul 2014
    09133115 RUMBLE PROJECTS LTD 16 Jul 2014
    09136098 JERRY HOLLENS LTD 17 Jul 2014
    09137014 10WATT LIMITED 18 Jul 2014
    09140448 THE PERFORMERS ACCOUNTANT LTD 21 Jul 2014
    09143951 EXPRESS HAULAGE & LOGISTICS LTD 23 Jul 2014
    09153624 TIM JONES CREATIVE CONSULTANCY LTD 30 Jul 2014
    09154676 MODERN GUILD COMMUNICATIONS LIMITED 31 Jul 2014
    09113057 C L A RIGGING SERVICES LTD 02 Jul 2014
    09114633 D S FILM & TV LTD 03 Jul 2014
    09116191 COULSON COURT FREEHOLD LIMITED 04 Jul 2014
    09131825 ARNOLD PROPS LTD 15 Jul 2014
    09133789 PARKTRAN LIMITED 16 Jul 2014
    09135528 LORD MINTU LTD 17 Jul 2014
    09137930 CHASE FOX LTD 18 Jul 2014
    09112995 J.E. SOCIAL CARE CONSULTANCY LIMITED 02 Jul 2014
    09116632 I WANTED IT YESTERDAY LIMITED 04 Jul 2014
    09126061 VINE PHARMACEUTICALS LIMITED 11 Jul 2014
    09127590 MASTERBILL MEASUREMENT SERVICES LIMITED 11 Jul 2014
    09128518 ROBERT ROOPE OPTICIANS LTD 14 Jul 2014
    09141594 I LOVE FRENCH FRIES LTD 22 Jul 2014

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