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
    07141343 BLENDED CONTENT LIMITED 31 Jan 2010
    07140981 DL THOMAS SOLICITORS LIMITED 29 Jan 2010
    07140442 MCCE INTERNATIONAL LIMITED 29 Jan 2010
    07133261 PROPERTY SALES RECRUITMENT LIMITED 22 Jan 2010
    07132361 FRESH TRIMZ LIMITED 21 Jan 2010
    07130376 GUARDIAN PLUMBING AND HEATING LIMITED 19 Jan 2010
    07128414 CASCA DEVELOPMENTS LIMITED 18 Jan 2010
    07128191 PRAXIS FITNESS LIMITED 18 Jan 2010
    07122100 MUON CONSULTANCY LTD 11 Jan 2010
    07120741 ZIC VENTURES LTD 09 Jan 2010
    07115150 MAILROOM CONSULTANCY SURVEYS LIMITED 04 Jan 2010
    OC351439 P&B SHIPPING CO. LLP 12 Jan 2010
    OC351440 RYA RAD SHIPPING CO. LLP 12 Jan 2010
    07140972 LPW RESTAURANTS LTD 29 Jan 2010
    07140080 FIRST STEP THE HOUSING PARTNERS LIMITED 29 Jan 2010
    07139544 EARTH AND WATER LTD 28 Jan 2010
    07136896 ENSIGN MOTORS LIMITED 26 Jan 2010
    07136460 24 MARKET SQUARE MANAGEMENT LTD 26 Jan 2010
    07133628 I.T. WORKS CONSULTING LIMITED 22 Jan 2010
    07130906 BUBBA PRODUCTIONS LTD 20 Jan 2010
    07125992 JIM BURCH LIMITED 14 Jan 2010
    07124826 PICARDY LIMITED 13 Jan 2010
    07120717 COUNTBEANS LIMITED 09 Jan 2010
    07115149 ETHOS AID LIMITED 04 Jan 2010
    07114754 TBX CONSULTING LTD 02 Jan 2010