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

  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 (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)HitchinUK
    2010129101,492
    200910194,671
    % change27.7%7.2%
    Record Year 2010 (129) 2003 (107,203)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2010284556
    New companies in 2009413327
    % change-31.7%36.4%107.4%
    Record Year2007 (42)2010 (45)2010 (56)

Closed Companies (dissolved)

  1. 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)HitchinUK
    20107987,705
    2009134159,401
    % change-41.0%-45.0%
    Record Year 2009 (134) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010233125
    Closed companies in 2009253673
    % change-8.0%-13.9%-66%
    Record Year2002 (34)2008 (47)2009 (73)

Net Company Growth

  1. 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)HitchinUK
    20105013,787
    2009-33-64,730
    Record Year 2007 (65) 2003 (60,597)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 201051431
    Net growth in 200916-3-46
    Record Year2008 (30)1998 (20)2010 (31)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1976 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.1%0.1%0.2%
    UK formation share in 20090.1%0.1%0.1%
    % change-36.5%23.7%98.9%
    Record Year1993 (0.3%)1976 (0.7%)1960 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.49%MANAGEMENT5.06%
    CONSULTING1.36%CONSULTING4.99%
    CONSULTANCY1.36%CONSULTANCY3.12%
    ASSOCIATES0.87%PROPERTY2.38%
    EUROPE0.87%TRADING2.04%
    CONSULTANTS0.87%ASSOCIATES2.01%
    RM0.74%DESIGN1.93%
    SYSTEMS0.74%CONSTRUCTION1.86%
    CO.0.62%BUSINESS1.80%
    CONSTRUCTION0.62%MEDIA1.75%
    SAFETY0.62%CONSULTANTS1.73%
    DESIGN0.62%LONDON1.59%
    FONSECA0.62%ENGINEERING1.59%
    MOSSACK0.62%INVESTMENTS1.49%
    GROUP0.62%CARE1.44%
    CO0.62%J1.44%
    INVESTMENTS0.50%INTERNATIONAL1.43%
    DEVELOPMENTS0.50%GLOBAL1.42%
    TRADING0.50%IT1.35%
    INTERNATIONAL0.50%PROPERTIES1.35%
    ELECTRICAL0.50%BUILDING1.32%
    SECURITY0.50%ELECTRICAL1.30%
    CENTRE0.50%M1.28%
    DEVELOPMENT0.37%SYSTEMS1.26%
    HOMES0.37%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied177202,902
    7487 - Other business activities6169,802
    82990 - Other business support service activities not elsewhere classified3525,053
    9999 - Dormant Company3121,484
    7499 - Non-trading company2313,408
    7414 - Business & management consultancy2214,940
    70229 - Management consultancy activities other than financial management1813,161
    74990 - Non-trading company177,649
    7222 - Other software consultancy and supply158,183
    7260 - Other computer related activities158,967
    99999 - Dormant Company1414,072
    74909 - Other professional, scientific and technical activities not elsewhere classified146,460
    62020 - Information technology consultancy activities128,292
    4521 - General construction & civil engineering117,634
    68320 - Management of real estate on a fee or contract basis92,962
    96090 - Other service activities not elsewhere classified87,767
    62090 - Other information technology service activities85,716
    7032 - Manage real estate, fee or contract82,472
    9305 - Other service activities79,454
    6024 - Freight transport by road72,771

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07360702 JDLC UNLIMITED 31 Aug 2010
    07358049 CAMERON SANDOWN F/S LTD 26 Aug 2010
    07357693 CHECHA CONSTRUCTION LTD 26 Aug 2010
    07354439 VYNETT LIMITED 24 Aug 2010
    07352158 HERTS TECHNICAL ACADEMY LIMITED 20 Aug 2010
    07349307 ANDERSON SCOTT INVESTMENTS LIMITED 18 Aug 2010
    07348404 I-RUSSIA LIMITED 17 Aug 2010
    07347030 DIRECTIVE SIXTEEN LIMITED 16 Aug 2010
    07345290 CANHAM ENTERPRISES LIMITED 13 Aug 2010
    07344669 HITCHIN SPRINGS 12 Aug 2010
    07335205 QUASI BUSINESS SERVICES LIMITED 04 Aug 2010
    07334276 LIFECYCLE ELECTRIC BIKES LIMITED 03 Aug 2010
    07359464 LITERACY WINS LIMITED 27 Aug 2010
    07353140 E. M. BRADLEY LIMITED 23 Aug 2010
    07351583 JAMES WEALTH MANAGEMENT LTD 20 Aug 2010
    07349074 WELTON ELECTRICAL SERVICES LIMITED 18 Aug 2010
    07346621 MAZUR CREATIVE STUDIO LTD 16 Aug 2010
    07343852 COMSTRUCT (LIFE SAFETY & MAINTENANCE) LTD 12 Aug 2010
    07340773 MASTERCARS (TEMPSFORD) LIMITED 10 Aug 2010
    07338137 MOTHER BROWNS LIMITED 06 Aug 2010
    07337961 JOHN PUTMAN TRANSPORT LIMITED 06 Aug 2010
    07336386 GXP COMPLIANCE PROJECTS LTD 05 Aug 2010
    07335128 HOME COUNTIES FLOORING LIMITED 04 Aug 2010
    07333442 BAUBO LIMITED 03 Aug 2010
    07332401 CALLAWAY CONSTRUCTION LIMITED 02 Aug 2010