Hitchin, Hertfordshire
2010 Half Year Business Confidence Report
Headlines
- April 2010 saw a new record in company registrations in Hitchin when compared to any previous April.
- April 2010 saw a new record in net growth in Hitchin when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 239 companies were formed in Hitchin. This figure is 36.6% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Hitchin occurred in 2007 when a total of 300 were formed.
Half Year (Jan-Jun) Hitchin UK 2010 239 203,749 2009 175 182,021 % change 36.6% 11.9% Record Year 2007 (300) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 106 companies were registered in Hitchin during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 35.9% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Hitchin UK 2010 106 98,612 2009 78 90,987 % change 35.9% 8.4% Record Year 2007 (118) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
April 2010 saw a new record in company registrations in Hitchin when compared to any previous April.
New Companies by Month
April May June New companies in 2010 48 31 27 New companies in 2009 31 19 28 % change 54.8% 63.2% -3.6% Record Year 2010 (48) 2007 (50) 2003 (39)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 177 companies were dissolved in Hitchin. This figure is 34.7% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Hitchin occurred in 2009 when a total of 271 were closed.
Half Year (Jan-Jun) Hitchin UK 2010 177 177,631 2009 271 289,236 % change -34.7% -38.6% Record Year 2009 (271) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 90 companies were dissolved in Hitchin during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 44.4% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Hitchin UK 2010 90 94,954 2009 162 181,176 % change -44.4% -47.6% Record Year 2009 (162) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 18 39 33 Closed companies in 2009 48 70 44 % change -62.5% -44.3% -25% Record Year 2009 (48) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Hitchin increased by 62 companies.
Half Year (Jan-Jun) Hitchin UK 2010 62 26,118 2009 -96 -107,215 Record Year 2007 (179) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Hitchin during the second quarter of 2010 (Apr 2010 - Jun 2010) was 16 companies.
second quarter (Apr 2010 - Jun 2010) Hitchin UK 2010 16 3,658 2009 -84 -90,189 Record Year 2007 (66) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
April 2010 saw a new record in net growth in Hitchin when compared to any previous April.
Net Growth by Month
April May June Net growth in 2010 30 -8 -6 Net growth in 2009 -17 -51 -16 Record Year 2010 (30) 2007 (26) 2003 (29)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Hitchin formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Hitchin formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 42.4% 55.4% -13.2% Record Year 1976 (0.4%) 1965 (0.3%) 1974 (0.5%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.2.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 45.7.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Hitchin was 1857 when 40.0% of all directors were female.
26.3% of all director appointments in Hitchin in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Hitchin was in 1866 when 66.7% of all directors were female.
24.4% of all director appointments in Hitchin in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.72% MANAGEMENT 5.01% MANAGEMENT 1.59% CONSULTING 4.79% CONSULTANCY 1.32% CONSULTANCY 3.02% ASSOCIATES 0.93% PROPERTY 2.40% EUROPE 0.93% ASSOCIATES 2.02% RM 0.79% TRADING 2.01% GROUP 0.79% DESIGN 1.91% CONSTRUCTION 0.66% CONSTRUCTION 1.85% PROPERTY 0.66% MEDIA 1.80% SECURITY 0.66% BUSINESS 1.75% FONSECA 0.66% CONSULTANTS 1.71% CONSULTANTS 0.66% INTERNATIONAL 1.59% CO 0.66% ENGINEERING 1.56% MOSSACK 0.66% LONDON 1.52% DEVELOPMENTS 0.53% INVESTMENTS 1.49% ROAD 0.53% J 1.46% MARKETING 0.53% CARE 1.41% CO. 0.53% GLOBAL 1.39% INTERNATIONAL 0.53% PROPERTIES 1.35% CRIMSON 0.53% BUILDING 1.33% BUSINESS 0.53% M 1.29% CENTRE 0.53% IT 1.28% DESIGN 0.53% ELECTRICAL 1.27% SYSTEMS 0.53% GROUP 1.25% REDG 0.53% DEVELOPMENTS 1.25%
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 186 207,125 7487 - Other business activities 63 68,525 82990 - Other business support service activities not elsewhere classified 35 25,942 9999 - Dormant Company 25 19,842 7414 - Business & management consultancy 21 14,598 70229 - Management consultancy activities other than financial management 21 13,490 7499 - Non-trading company 19 13,997 74990 - Non-trading company 18 7,893 7222 - Other software consultancy and supply 15 8,285 74909 - Other professional, scientific and technical activities not elsewhere classified 15 6,684 7260 - Other computer related activities 14 9,122 62020 - Information technology consultancy activities 14 8,590 99999 - Dormant Company 13 14,342 4521 - General construction & civil engineering 11 8,262 9305 - Other service activities 10 8,822 62090 - Other information technology service activities 9 5,854 68320 - Management of real estate on a fee or contract basis 9 3,070 96090 - Other service activities not elsewhere classified 8 7,922 6024 - Freight transport by road 7 2,960 96020 - Hairdressing and other beauty treatment 6 1,707
Recent Companies
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Randomly selected companies from this quarter
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