Hertfordshire
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company registrations in Hertfordshire when compared to any previous February.
- January 2015 saw a new record in company registrations in Hertfordshire when compared to any previous January.
- February 2015 saw a new record in company closures in Hertfordshire when compared to any previous February.
- January 2015 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 2015)
A total of 4,270 companies were registered in Hertfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 13.3% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Hertfordshire UK 2015 4,270 161,156 2014 3,768 150,722 % change 13.3% 6.9% Record Year 2007 (4,764) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Hertfordshire when compared to any previous February.
January 2015 saw a new record in company registrations in Hertfordshire when compared to any previous January.
New Companies by Month
January February March New companies in 2015 1,294 1,350 1,626 New companies in 2014 1,286 1,204 1,278 % change 0.6% 12.1% 27.2% Record Year 2015 (1,294) 2015 (1,350) 2007 (2,674)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 2,369 companies were dissolved in Hertfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 8.7% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Hertfordshire UK 2015 2,369 89,523 2014 2,179 82,370 % change 8.7% 8.7% Record Year 2009 (3,864) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Hertfordshire when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 652 833 884 Closed companies in 2014 669 742 768 % change -2.5% 12.3% 15% Record Year 2011 (913) 2015 (833) 2009 (2,529)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Hertfordshire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,901 companies.
first quarter (Jan 2015 - Mar 2015) Hertfordshire UK 2015 1,901 71,633 2014 1,589 68,352 Record Year 2007 (3,305) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 saw a new record in net growth in Hertfordshire when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 642 517 742 Net growth in 2014 617 462 510 Record Year 2015 (642) 2012 (670) 2007 (2,204)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Hertfordshire formed 2.6% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Hertfordshire 2015 2.6% 2014 2.5% 2013 2.5% 2012 2.7% 2011 2.8% Record Year (since 1960) 2000 (3.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 2.7% 2.6% 2.7% UK formation share in 2014 2.7% 2.5% 2.3% % change -1.3% 3.3% 16.0% Record Year 2000 (3.9%) 1991 (3.4%) 2007 (4.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 44.1.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.
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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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Hertfordshire was in 2006 when 28.7% of all directors were female.
26.2% of all director appointments in Hertfordshire in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.59% CONSULTING 5.23% MANAGEMENT 2.68% MANAGEMENT 4.56% CONSULTANCY 2.21% CONSULTANCY 3.62% PROPERTY 1.47% PROPERTY 2.72% CARE 1.16% CONSTRUCTION 2.19% CONSTRUCTION 1.16% CARE 2.13% LONDON 1.15% ENGINEERING 2.12% PROPERTIES 0.97% LONDON 1.91% ELECTRICAL 0.93% TRADING 1.88% HEALTH 0.92% TRANSPORT 1.82% CONSULTANTS 0.92% ELECTRICAL 1.76% ASSOCIATES 0.83% DESIGN 1.65% MARKETING 0.83% PROPERTIES 1.63% INVESTMENTS 0.82% CO., 1.58% J 0.81% J 1.55% IT 0.78% CONSULTANTS 1.54% DESIGN 0.77% BUSINESS 1.49% BUILDING 0.73% INVESTMENTS 1.49% M 0.70% GLOBAL 1.46% TRADING 0.67% ASSOCIATES 1.44% MEDIA 0.65% DEVELOPMENTS 1.36% BUSINESS 0.63% BUILDING 1.31% DEVELOPMENTS 0.62% IT 1.30% TRANSPORT 0.59% MEDIA 1.28% S 0.54% M 1.27%
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 6,883 288,953 70229 - Management consultancy activities other than financial management 1,617 43,081 82990 - Other business support service activities not elsewhere classified 1,403 58,522 62020 - Information technology consultancy activities 1,190 30,825 99999 - Dormant Company 1,057 49,474 96090 - Other service activities not elsewhere classified 789 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 487 19,098 86900 - Other human health activities 467 13,990 41100 - Development of building projects 418 11,863 74990 - Non-trading company 393 13,794 62090 - Other information technology service activities 368 12,862 68209 - Other letting and operating of own or leased real estate 295 11,600 62012 - Business and domestic software development 280 9,651 47910 - Retail sale via mail order houses or via Internet 270 10,200 69201 - Accounting and auditing activities 248 7,682 98000 - Residents property management 228 5,308 86101 - Hospital activities 226 5,043 43999 - Other specialised construction activities not elsewhere classified 223 9,080 41202 - Construction of domestic buildings 220 7,797 68100 - Buying and selling of own real estate 214 7,450
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09466315 WNR CONSULTING LIMITED 02 Mar 2015 09469550 WATCHTOWER FILMS LIMITED 04 Mar 2015 09469611 LW PRODUCTIONS LIMITED 04 Mar 2015 09470936 R SIDDIQUE LIMITED 04 Mar 2015 09478757 HUNT ACOUSTICS LIMITED 09 Mar 2015 09485815 TRESONA EUROPE LIMITED 12 Mar 2015 09489538 REAL ESTATE VIEW LIMITED 13 Mar 2015 09493848 PURPLE MOO LTD 17 Mar 2015 09497332 NITECH CONSULTING LTD 19 Mar 2015 09502515 FUNC-EMOTION LTD 20 Mar 2015 09505498 PNP CONSTRUCTION LIMITED 24 Mar 2015 09510648 BELMONT HILL LTD 26 Mar 2015 09515955 KOCKS CONSULTANCY LTD 28 Mar 2015 09517233 UNIFORM ONLINE LIMITED 30 Mar 2015 09517243 RM SPRINT LIMITED 30 Mar 2015 09519579 ME TOMORROW LIMITED 31 Mar 2015 09474111 CORONA CORPORATE GROUP LIMITED 05 Mar 2015 09479765 VLAD MORARU LTD 10 Mar 2015 09481770 BOUTIQUE EVENTS LIMITED 10 Mar 2015 09486690 J D SCENERY LTD 12 Mar 2015 09486727 TURBO RIGGING & EQUIPMENT LTD 12 Mar 2015 09491621 SIVELL TREE SERVICES LTD 16 Mar 2015 09497779 V DESIGN SOLUTIONS LTD 19 Mar 2015 09499716 RLC INVESTMENTS LIMITED 19 Mar 2015 09507538 JPB CONSTRUCTION & DEVELOPMENT LTD 24 Mar 2015
reports
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