Hitchin, Hertfordshire

Q1 2010 Business Confidence Report

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 (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)HitchinUK
    2010133105,137
    20099791,034
    % change37.1%15.5%
    Record Year 2007 (182) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010413557
    New companies in 2009272545
    % change51.9%40.0%26.7%
    Record Year2007 (51)2008 (45)2007 (87)

Closed Companies (dissolved)

  1. 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)HitchinUK
    20108782,677
    2009109108,060
    % change-20.2%-23.5%
    Record Year 2009 (109) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010222540
    Closed companies in 2009181279
    % change22.2%108.3%-49%
    Record Year2006 (33)2008 (36)2009 (79)

Net Company Growth

  1. 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)HitchinUK
    20104622,460
    2009-12-17,026
    Record Year 2007 (113) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010191017
    Net growth in 2009913-34
    Record Year2005 (23)2005 (41)2007 (61)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1970 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change41.0%19.9%5.2%
    Record Year1962 (0.4%)1967 (0.4%)1970 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.85%MANAGEMENT5.01%
    CONSULTING1.85%CONSULTING4.60%
    ASSOCIATES1.00%CONSULTANCY2.87%
    PROPERTY1.00%PROPERTY2.50%
    ROAD0.85%ASSOCIATES2.04%
    CONSULTANCY0.85%TRADING1.93%
    DEVELOPMENTS0.71%DESIGN1.91%
    MEDIA0.71%CONSTRUCTION1.87%
    EUROPE0.57%MEDIA1.84%
    CENTRE0.57%BUSINESS1.74%
    DESIGN0.57%INTERNATIONAL1.73%
    B0.57%CONSULTANTS1.63%
    BUSINESS0.57%ENGINEERING1.54%
    DIGITAL0.57%J1.48%
    SECURITY0.57%LONDON1.45%
    CRIMSON0.57%INVESTMENTS1.45%
    P0.57%GROUP1.37%
    SPORTS0.43%GLOBAL1.35%
    COMMUNICATIONS0.43%PROPERTIES1.35%
    SOFTWARE0.43%BUILDING1.34%
    VENTURES0.43%CARE1.33%
    CO.0.43%ELECTRICAL1.30%
    SYSTEMS0.43%M1.28%
    TRADING0.43%SYSTEMS1.25%
    PR0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied207228,645
    7487 - Other business activities7174,904
    82990 - Other business support service activities not elsewhere classified3726,974
    7414 - Business & management consultancy2617,003
    9999 - Dormant Company2419,948
    7499 - Non-trading company2315,398
    70229 - Management consultancy activities other than financial management2314,007
    7222 - Other software consultancy and supply229,659
    74990 - Non-trading company168,149
    7260 - Other computer related activities1610,331
    74909 - Other professional, scientific and technical activities not elsewhere classified157,143
    96090 - Other service activities not elsewhere classified148,154
    62020 - Information technology consultancy activities149,943
    99999 - Dormant Company1313,808
    4521 - General construction & civil engineering119,325
    62090 - Other information technology service activities106,340
    68320 - Management of real estate on a fee or contract basis93,169
    9305 - Other service activities99,038
    4534 - Other building installation92,840
    6024 - Freight transport by road83,665

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07207831 WELWYN CAR CENTRE LIMITED 30 Mar 2010
    07206446 STS SCANDEAL LIMITED 29 Mar 2010
    07205825 TOTALPAK LIMITED 29 Mar 2010
    07201985 PELOTON INVESTMENTS LIMITED 24 Mar 2010
    07200513 HIDESCIEK LIMITED 23 Mar 2010
    07192868 CANVAS BALL CRICKET LTD 17 Mar 2010
    07186620 VENUE TEAM LIMITED 11 Mar 2010
    07184567 DIRT DEBUGGERS LTD 10 Mar 2010
    07184076 JJET COMMUNICATIONS LIMITED 10 Mar 2010
    07179407 ACCELERATING VISION LTD 05 Mar 2010
    07172789 RSO IT SERVICES LIMITED 01 Mar 2010
    OC353521 HEALIENT LLP 23 Mar 2010
    07209459 GREEN 4 GAIN LTD 31 Mar 2010
    07201589 RFS SAFETY SOLUTIONS LTD 24 Mar 2010
    07199568 RHINDON LIMITED 23 Mar 2010
    07197231 FOUR COLOUR FROG LTD 22 Mar 2010
    07196289 WIKRAMANAYAKE LIMITED 19 Mar 2010
    07195012 THE ROECROFT CENTRE CHARITABLE TRUST LIMITED 18 Mar 2010
    07188901 JUMBLER LIMITED 15 Mar 2010
    07180879 GET INVOLVED ENTERPRISES LTD 06 Mar 2010
    07177030 BANKLINE SOLUTIONS LTD 03 Mar 2010
    07176543 IONFIELD SYSTEMS LIMITED 03 Mar 2010
    07175140 QUEENSWOOD BUSINESS SERVICES LIMITED 02 Mar 2010
    07175137 JLEGAL LIMITED 02 Mar 2010
    07174688 SILHOUETTE TECHNOLOGY LIMITED 02 Mar 2010