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
New Company Registrations
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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) Hertfordshire UK 2014 3,694 143,414 2013 3,316 132,684 % change 11.4% 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) Hertfordshire UK 2014 3,694 143,414 2013 3,316 132,684 % change 11.4% 8.1% Record Year 2014 (3,694) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 1,317 1,161 1,216 New companies in 2013 1,119 1,058 1,139 % change 17.7% 9.7% 6.8% Record Year 2014 (1,317) 2014 (1,161) 2014 (1,216) July August September New companies in 2014 1,317 1,161 1,216 New companies in 2013 1,119 1,058 1,139 % change 17.7% 9.7% 6.8% Record Year 2014 (1,317) 2014 (1,161) 2014 (1,216)
Closed Companies (dissolved)
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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) Hertfordshire UK 2014 2,651 101,670 2013 2,149 86,170 % change 23.4% 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) Hertfordshire UK 2014 2,651 101,670 2013 2,149 86,170 % change 23.4% 18.0% Record Year 2009 (3,674) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 960 693 998 Closed companies in 2013 782 598 769 % change 22.8% 15.9% 30% Record Year 2014 (960) 2008 (1,659) 2009 (1,785) July August September Closed companies in 2014 960 693 998 Closed companies in 2013 782 598 769 % change 22.8% 15.9% 30% Record Year 2014 (960) 2008 (1,659) 2009 (1,785)
Net Company Growth
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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) Hertfordshire UK 2014 1,043 41,744 2013 1,167 46,514 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) Hertfordshire UK 2014 1,043 41,744 2013 1,167 46,514 Record Year 2011 (1,263) 2013 (46,514) Net Growth by Quarter
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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
July August September Net growth in 2014 357 468 218 Net growth in 2013 337 460 370 Record Year 2008 (668) 2014 (468) 2004 (588) July August September Net growth in 2014 357 468 218 Net growth in 2013 337 460 370 Record Year 2008 (668) 2014 (468) 2004 (588)
UK Company Share
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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 2014 2.6% 2013 2.5% 2012 2.7% 2011 2.6% 2010 2.6% 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 2014 2.6% 2013 2.5% 2012 2.7% 2011 2.6% 2010 2.6% Record Year (since 1960) 1991 (3.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 2.6% 2.7% 2.5% UK formation share in 2013 2.4% 2.5% 2.5% % change 6.9% 4.6% -2.1% Record Year 1991 (3.6%) 1998 (3.4%) 1992 (3.1%) July August September UK formation share in 2014 2.6% 2.7% 2.5% UK formation share in 2013 2.4% 2.5% 2.5% % change 6.9% 4.6% -2.1% Record Year 1991 (3.6%) 1998 (3.4%) 1992 (3.1%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 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 5.17% MANAGEMENT 2.60% MANAGEMENT 4.63% CONSULTANCY 1.96% CONSULTANCY 3.55% PROPERTY 1.48% PROPERTY 2.62% CONSTRUCTION 1.08% ENGINEERING 2.07% LONDON 1.05% CONSTRUCTION 2.05% CARE 1.03% TRADING 2.00% PROPERTIES 0.96% LONDON 1.95% INVESTMENTS 0.95% CARE 1.94% CONSULTANTS 0.87% TRANSPORT 1.76% ASSOCIATES 0.85% DESIGN 1.70% J 0.83% CONSULTANTS 1.70% ELECTRICAL 0.83% PROPERTIES 1.63% MARKETING 0.80% BUSINESS 1.62% MEDIA 0.80% J 1.53% IT 0.80% ELECTRICAL 1.53% DESIGN 0.78% GLOBAL 1.51% HEALTH 0.76% INVESTMENTS 1.50% BUILDING 0.76% ASSOCIATES 1.48% TRADING 0.74% MEDIA 1.38% BUSINESS 0.65% CO., 1.36% M 0.63% DEVELOPMENTS 1.35% DEVELOPMENTS 0.62% BUILDING 1.30% ENGINEERING 0.58% IT 1.30% TRANSPORT 0.58% M 1.23% word percentage uk word uk percentage CONSULTING 3.40% CONSULTING 5.18% MANAGEMENT 2.58% MANAGEMENT 4.63% CONSULTANCY 1.95% CONSULTANCY 3.54% PROPERTY 1.50% PROPERTY 2.63% LONDON 1.09% ENGINEERING 2.08% CONSTRUCTION 1.07% CONSTRUCTION 2.05% CARE 1.04% TRADING 2.01% INVESTMENTS 0.97% LONDON 1.95% PROPERTIES 0.94% CARE 1.94% CONSULTANTS 0.85% TRANSPORT 1.76% ASSOCIATES 0.84% DESIGN 1.70% ELECTRICAL 0.83% CONSULTANTS 1.69% J 0.82% PROPERTIES 1.63% MARKETING 0.80% BUSINESS 1.63% MEDIA 0.80% ELECTRICAL 1.53% IT 0.80% J 1.53% DESIGN 0.77% GLOBAL 1.52% BUILDING 0.76% INVESTMENTS 1.50% HEALTH 0.74% ASSOCIATES 1.48% TRADING 0.72% MEDIA 1.38% BUSINESS 0.64% CO., 1.36% DEVELOPMENTS 0.62% DEVELOPMENTS 1.35% M 0.62% BUILDING 1.30% TRANSPORT 0.58% IT 1.30% ENGINEERING 0.58% M 1.23%
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 7,082 278,481 70229 - Management consultancy activities other than financial management 1,565 40,717 82990 - Other business support service activities not elsewhere classified 1,386 57,264 62020 - Information technology consultancy activities 1,077 29,313 99999 - Dormant Company 1,049 48,286 96090 - Other service activities not elsewhere classified 772 28,224 74909 - Other professional, scientific and technical activities not elsewhere classified 463 18,890 74990 - Non-trading company 406 14,006 41100 - Development of building projects 388 10,604 86900 - Other human health activities 386 11,807 62090 - Other information technology service activities 366 12,795 62012 - Business and domestic software development 289 9,675 68209 - Other letting and operating of own or leased real estate 248 10,361 47910 - Retail sale via mail order houses or via Internet 240 9,914 98000 - Residents property management 224 5,047 69201 - Accounting and auditing activities 221 7,401 43999 - Other specialised construction activities not elsewhere classified 220 8,501 41202 - Construction of domestic buildings 202 7,151 86101 - Hospital activities 197 3,680 68100 - Buying and selling of own real estate 183 6,595 sic code number of companies uk companies None Supplied 6,679 263,052 70229 - Management consultancy activities other than financial management 1,587 41,421 82990 - Other business support service activities not elsewhere classified 1,415 58,078 62020 - Information technology consultancy activities 1,104 29,780 99999 - Dormant Company 1,068 48,811 96090 - Other service activities not elsewhere classified 790 28,864 74909 - Other professional, scientific and technical activities not elsewhere classified 467 19,117 74990 - Non-trading company 409 14,053 41100 - Development of building projects 402 10,983 86900 - Other human health activities 394 12,105 62090 - Other information technology service activities 375 12,999 62012 - Business and domestic software development 290 9,848 68209 - Other letting and operating of own or leased real estate 256 10,684 47910 - Retail sale via mail order houses or via Internet 245 10,125 98000 - Residents property management 227 5,163 69201 - Accounting and auditing activities 223 7,504 43999 - Other specialised construction activities not elsewhere classified 222 8,701 41202 - Construction of domestic buildings 211 7,363 86101 - Hospital activities 197 3,801 68100 - Buying and selling of own real estate 187 6,772
Recent Companies
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Randomly selected companies from this quarter
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