Hitchin, Hertfordshire
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company registrations in Hitchin when compared to any previous Q3.
- September 2010 saw a new record in company registrations in Hitchin when compared to any previous September.
- August 2010 saw a new record in company registrations in Hitchin when compared to any previous August.
- September 2010 saw a new record in net growth in Hitchin when compared to any previous September.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company registrations in Hitchin when compared to any previous Q3.
A total of 129 companies were registered in Hitchin during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 27.7% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Hitchin UK 2010 129 101,492 2009 101 94,671 % change 27.7% 7.2% Record Year 2010 (129) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company registrations in Hitchin when compared to any previous September.
August 2010 saw a new record in company registrations in Hitchin when compared to any previous August.
New Companies by Month
July August September New companies in 2010 28 45 56 New companies in 2009 41 33 27 % change -31.7% 36.4% 107.4% Record Year 2007 (42) 2010 (45) 2010 (56)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 79 companies were dissolved in Hitchin during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 41.0% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Hitchin UK 2010 79 87,705 2009 134 159,401 % change -41.0% -45.0% Record Year 2009 (134) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 23 31 25 Closed companies in 2009 25 36 73 % change -8.0% -13.9% -66% Record Year 2002 (34) 2008 (47) 2009 (73)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Hitchin during the third quarter of 2010 (Jul 2010 - Sep 2010) was 50 companies.
third quarter (Jul 2010 - Sep 2010) Hitchin UK 2010 50 13,787 2009 -33 -64,730 Record Year 2007 (65) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in net growth in Hitchin when compared to any previous September.
Net Growth by Month
July August September Net growth in 2010 5 14 31 Net growth in 2009 16 -3 -46 Record Year 2008 (30) 1998 (20) 2010 (31)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Hitchin formed 0.1% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1976 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.1% 0.2% UK formation share in 2009 0.1% 0.1% 0.1% % change -36.5% 23.7% 98.9% Record Year 1993 (0.3%) 1976 (0.7%) 1960 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 47.8.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 9.7% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Hitchin was in 1862 when 50.0% of all directors were female.
28.2% of all director appointments in Hitchin in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.49% MANAGEMENT 5.06% CONSULTING 1.36% CONSULTING 4.99% CONSULTANCY 1.36% CONSULTANCY 3.12% ASSOCIATES 0.87% PROPERTY 2.38% EUROPE 0.87% TRADING 2.04% CONSULTANTS 0.87% ASSOCIATES 2.01% RM 0.74% DESIGN 1.93% SYSTEMS 0.74% CONSTRUCTION 1.86% CO. 0.62% BUSINESS 1.80% CONSTRUCTION 0.62% MEDIA 1.75% SAFETY 0.62% CONSULTANTS 1.73% DESIGN 0.62% LONDON 1.59% FONSECA 0.62% ENGINEERING 1.59% MOSSACK 0.62% INVESTMENTS 1.49% GROUP 0.62% CARE 1.44% CO 0.62% J 1.44% INVESTMENTS 0.50% INTERNATIONAL 1.43% DEVELOPMENTS 0.50% GLOBAL 1.42% TRADING 0.50% IT 1.35% INTERNATIONAL 0.50% PROPERTIES 1.35% ELECTRICAL 0.50% BUILDING 1.32% SECURITY 0.50% ELECTRICAL 1.30% CENTRE 0.50% M 1.28% DEVELOPMENT 0.37% SYSTEMS 1.26% HOMES 0.37% S 1.24%
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 177 202,902 7487 - Other business activities 61 69,802 82990 - Other business support service activities not elsewhere classified 35 25,053 9999 - Dormant Company 31 21,484 7499 - Non-trading company 23 13,408 7414 - Business & management consultancy 22 14,940 70229 - Management consultancy activities other than financial management 18 13,161 74990 - Non-trading company 17 7,649 7222 - Other software consultancy and supply 15 8,183 7260 - Other computer related activities 15 8,967 99999 - Dormant Company 14 14,072 74909 - Other professional, scientific and technical activities not elsewhere classified 14 6,460 62020 - Information technology consultancy activities 12 8,292 4521 - General construction & civil engineering 11 7,634 68320 - Management of real estate on a fee or contract basis 9 2,962 96090 - Other service activities not elsewhere classified 8 7,767 62090 - Other information technology service activities 8 5,716 7032 - Manage real estate, fee or contract 8 2,472 9305 - Other service activities 7 9,454 6024 - Freight transport by road 7 2,771
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07326255 HALF TOWER UK LIMITED 26 Jul 2010 07322352 SHEARSON LEMOND LIMITED 22 Jul 2010 07321843 LL MANAGEMENT SERVICES LIMITED 21 Jul 2010 07318947 ROUND ME DOWN LIMITED 19 Jul 2010 07315638 REYLER SOLUTIONS LIMITED 15 Jul 2010 07308597 MOJO BRAND DEVELOPMENT LIMITED 08 Jul 2010 07303730 MOBILES 2010 LIMITED 05 Jul 2010 07302340 A1 TYRE & HYDRAULICS LIMITED 02 Jul 2010 07300995 MJL COMMUNICATIONS LIMITED 01 Jul 2010 OC356669 TRETA TRADING LLP 23 Jul 2010 07328389 HERTFORDSHIRE CONSTRUCTION LIMITED 28 Jul 2010 07326948 FORMASONS LTD 27 Jul 2010 07325347 MHTH PARTNERSHIP LIMITED 26 Jul 2010 07324591 IHAD CENTRE CIC 23 Jul 2010 07323729 SURESHINES LIMITED 22 Jul 2010 07322711 GADE ENTERPRISES LTD 22 Jul 2010 07322230 THE REAL EDDIE JOHNSON LTD 22 Jul 2010 07321290 TEG'S UTILITIES LTD 21 Jul 2010 07320476 ROTHWELL HUNT TRANSPORT SOLUTIONS LIMITED 20 Jul 2010 07320266 THERMOWARM LTD 20 Jul 2010 07315343 THE GARDEN BEACH HUT LTD 15 Jul 2010 07311938 HILLING CONSULTANCY LIMITED 12 Jul 2010 07307174 TONY COMER ASSOCIATES LTD 07 Jul 2010 07305529 CONTROL P LIMITED 06 Jul 2010 07302446 BLISS MUSIC LIMITED 02 Jul 2010
reports
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