Hitchin, Hertfordshire
Q1 2010 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 133 companies were registered in Hitchin during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 37.1% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Hitchin UK 2010 133 105,137 2009 97 91,034 % change 37.1% 15.5% Record Year 2007 (182) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 41 35 57 New companies in 2009 27 25 45 % change 51.9% 40.0% 26.7% Record Year 2007 (51) 2008 (45) 2007 (87)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 87 companies were dissolved in Hitchin during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 20.2% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Hitchin UK 2010 87 82,677 2009 109 108,060 % change -20.2% -23.5% Record Year 2009 (109) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 22 25 40 Closed companies in 2009 18 12 79 % change 22.2% 108.3% -49% Record Year 2006 (33) 2008 (36) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Hitchin during the first quarter of 2010 (Jan 2010 - Mar 2010) was 46 companies.
first quarter (Jan 2010 - Mar 2010) Hitchin UK 2010 46 22,460 2009 -12 -17,026 Record Year 2007 (113) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 19 10 17 Net growth in 2009 9 13 -34 Record Year 2005 (23) 2005 (41) 2007 (61)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Hitchin formed 0.1% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1970 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 41.0% 19.9% 5.2% Record Year 1962 (0.4%) 1967 (0.4%) 1970 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 46.6.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Hitchin was in 1861 when 40.0% of all directors were female.
28.3% of all director appointments in Hitchin in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.85% MANAGEMENT 5.01% CONSULTING 1.85% CONSULTING 4.60% ASSOCIATES 1.00% CONSULTANCY 2.87% PROPERTY 1.00% PROPERTY 2.50% ROAD 0.85% ASSOCIATES 2.04% CONSULTANCY 0.85% TRADING 1.93% DEVELOPMENTS 0.71% DESIGN 1.91% MEDIA 0.71% CONSTRUCTION 1.87% EUROPE 0.57% MEDIA 1.84% CENTRE 0.57% BUSINESS 1.74% DESIGN 0.57% INTERNATIONAL 1.73% B 0.57% CONSULTANTS 1.63% BUSINESS 0.57% ENGINEERING 1.54% DIGITAL 0.57% J 1.48% SECURITY 0.57% LONDON 1.45% CRIMSON 0.57% INVESTMENTS 1.45% P 0.57% GROUP 1.37% SPORTS 0.43% GLOBAL 1.35% COMMUNICATIONS 0.43% PROPERTIES 1.35% SOFTWARE 0.43% BUILDING 1.34% VENTURES 0.43% CARE 1.33% CO. 0.43% ELECTRICAL 1.30% SYSTEMS 0.43% M 1.28% TRADING 0.43% SYSTEMS 1.25% PR 0.43% S 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 207 228,645 7487 - Other business activities 71 74,904 82990 - Other business support service activities not elsewhere classified 37 26,974 7414 - Business & management consultancy 26 17,003 9999 - Dormant Company 24 19,948 7499 - Non-trading company 23 15,398 70229 - Management consultancy activities other than financial management 23 14,007 7222 - Other software consultancy and supply 22 9,659 74990 - Non-trading company 16 8,149 7260 - Other computer related activities 16 10,331 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,143 96090 - Other service activities not elsewhere classified 14 8,154 62020 - Information technology consultancy activities 14 9,943 99999 - Dormant Company 13 13,808 4521 - General construction & civil engineering 11 9,325 62090 - Other information technology service activities 10 6,340 68320 - Management of real estate on a fee or contract basis 9 3,169 9305 - Other service activities 9 9,038 4534 - Other building installation 9 2,840 6024 - Freight transport by road 8 3,665
Recent Companies
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Randomly selected companies from this quarter
reports
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