Hitchin, Hertfordshire
2010 Annual Business Confidence Report
Headlines
- The second half of 2010 saw a new record in company registrations in Hitchin when compared to any previous second half year.
- November 2010 saw a new record in company closures in Hitchin when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 469 companies were formed in Hitchin in 2010. This total is 27.1% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Hitchin UK 2010 469 400,358 2009 369 362,675 2008 430 349,203 2007 495 457,649 2006 410 405,440 Record Year 2007 (495) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company registrations in Hitchin when compared to any previous second half year.
In the second half of 2010 a total of 230 companies were formed in Hitchin. This figure is 18.6% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Hitchin occurred in 2010 when a total of 230 were formed.
Half Year (Jul-Dec) Hitchin UK 2010 230 196,609 2009 194 180,654 % change 18.6% 8.8% Record Year 2010 (230) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 101 companies were registered in Hitchin during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 8.6% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Hitchin UK 2010 101 95,117 2009 93 85,983 % change 8.6% 10.6% Record Year 2002 (108) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 42 33 26 New companies in 2009 32 32 29 % change 31.3% 3.1% -10.3% Record Year 2002 (51) 2005 (36) 2009 (29)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 325 companies were dissolved in Hitchin in 2010. This total is 32.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Hitchin UK 2010 325 342,232 2009 483 533,773 2008 227 237,901 2007 213 220,295 2006 259 200,166 Record Year 2009 (483) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 148 companies were dissolved in Hitchin. This figure is 30.2% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Hitchin occurred in 2009 when a total of 212 were closed.
Half Year (Jul-Dec) Hitchin UK 2010 148 164,601 2009 212 244,537 % change -30.2% -32.7% Record Year 2009 (212) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 69 companies were dissolved in Hitchin during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 11.5% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Hitchin UK 2010 69 76,896 2009 78 85,136 % change -11.5% -9.7% Record Year 2006 (80) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Hitchin when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 22 32 15 Closed companies in 2009 26 19 33 % change -15.4% 68.4% -55% Record Year 2006 (39) 2010 (32) 2009 (33)
Net Company Growth
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Annual Data (2010)
A total of 144 companies were added to the company register for Hitchin in 2010. This number represents growth of 39.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 258 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Hitchin company register grew by 282 companies.
Year Hitchin UK 2010 144 58,126 2009 -114 -171,098 2008 203 111,302 2007 282 237,354 2006 151 205,274 Record Year 2007 (282) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Hitchin increased by 82 companies.
Half Year (Jul-Dec) Hitchin UK 2010 82 32,008 2009 -18 -63,883 Record Year 2007 (103) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Hitchin during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 32 companies.
fourth quarter (Oct 2010 - Dec 2010) Hitchin UK 2010 32 18,221 2009 15 847 Record Year 1998 (50) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 20 1 11 Net growth in 2009 6 13 -4 Record Year 2002 (36) 2003 (21) 1998 (15)
UK Company Share
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Annual Data (2010)
In 2010 Hitchin formed 0.1% of all UK companies. This is no change on 2009 when Hitchin was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Hitchin formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1976 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Hitchin formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Hitchin 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 15.0% -7.8% -14.7% Record Year 1975 (0.4%) 1963 (0.3%) 1964 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.3.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 46.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.8.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Hitchin was 1857 when 36.4% of all directors were female.
The percentage of female directors in Hitchin in 2010 was 28.1%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Hitchin was 1860 when 42.9% of all directors were female.
28.2% of all director appointments in Hitchin in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Hitchin was in 1977 when 31.1% of all directors were female.
28.2% of all director appointments in Hitchin in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.34% CONSULTING 5.06% MANAGEMENT 1.22% MANAGEMENT 5.01% CONSULTING 1.22% CONSULTANCY 3.14% ASSOCIATES 0.97% PROPERTY 2.36% CONSULTANTS 0.85% TRADING 2.11% SYSTEMS 0.73% ASSOCIATES 1.95% RM 0.73% DESIGN 1.92% CONSTRUCTION 0.73% BUSINESS 1.82% GROUP 0.73% CONSTRUCTION 1.82% FONSECA 0.61% CONSULTANTS 1.76% CO 0.61% MEDIA 1.71% INTERNATIONAL 0.61% ENGINEERING 1.62% MOSSACK 0.61% LONDON 1.60% EUROPE 0.61% CARE 1.45% CO. 0.61% INVESTMENTS 1.44% PARTNERS 0.61% GLOBAL 1.43% TRADING 0.61% J 1.42% HOLDINGS 0.49% IT 1.41% HERTS 0.49% PROPERTIES 1.34% CENTRE 0.49% INTERNATIONAL 1.34% ENERGY 0.49% BUILDING 1.34% TRUST 0.49% M 1.30% SAFETY 0.49% ELECTRICAL 1.25% MAINTENANCE 0.49% SYSTEMS 1.24% BUSINESS 0.49% S 1.23%
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 176 199,572 7487 - Other business activities 56 63,348 82990 - Other business support service activities not elsewhere classified 41 27,550 9999 - Dormant Company 28 20,144 70229 - Management consultancy activities other than financial management 20 14,505 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,088 7499 - Non-trading company 19 12,000 7414 - Business & management consultancy 17 13,474 74990 - Non-trading company 15 8,243 62020 - Information technology consultancy activities 15 9,177 7260 - Other computer related activities 15 8,089 99999 - Dormant Company 14 16,285 7222 - Other software consultancy and supply 14 7,298 62090 - Other information technology service activities 10 6,330 96090 - Other service activities not elsewhere classified 10 8,799 4521 - General construction & civil engineering 9 6,598 68320 - Management of real estate on a fee or contract basis 8 3,097 96020 - Hairdressing and other beauty treatment 8 1,873 7032 - Manage real estate, fee or contract 8 2,235 9305 - Other service activities 7 8,858
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07423255 INK VIRO LIMITED 29 Oct 2010 07421873 MANAGEMENT ACCOUNTS LIMITED 28 Oct 2010 07414724 M & R SERVICES (HITCHIN) LIMITED 21 Oct 2010 07414655 ANGELLO OPPORTUNITY CAUCASUS LIMITED 21 Oct 2010 07414049 BRIDGE STREET SALON LIMITED 20 Oct 2010 07411151 RICO PICANTE LIMITED 18 Oct 2010 07406762 APOLLO INTERIORS LIMITED 14 Oct 2010 07403438 GJR PROP HAND SERVICES LIMITED 11 Oct 2010 07401831 KELT BRIGHT LIMITED 08 Oct 2010 07395942 HAVEN CAPITAL PARTNERS LIMITED 04 Oct 2010 07394587 STYLEMYS LIMITED 01 Oct 2010 OC358927 LOGIC EVOLUTION LLP 22 Oct 2010 07424385 RUBY BRANDS LIMITED 29 Oct 2010 07419843 BLUNHAM ADHESIVES LIMITED 26 Oct 2010 07419093 TRISTAR CIVIL ENGINEERING LIMITED 26 Oct 2010 07415171 TRITON DYNAMIC SYSTEMS LIMITED 21 Oct 2010 07410354 TMCO LIMITED 18 Oct 2010 07409792 ISAZA & COOK COFFEE TRADERS LTD 18 Oct 2010 07409353 DP AVIATION LIMITED 15 Oct 2010 07407356 PIRTON PRE-SCHOOL 14 Oct 2010 07406584 KANIYURS IMAGING LIMITED 13 Oct 2010 07403745 J J EDWIN LTD 12 Oct 2010 07401623 INTHINK LIMITED 08 Oct 2010 07395998 MORUS BUSINESS SOLUTIONS LIMITED 04 Oct 2010 07394899 KRE8IVE PARTNERS LTD 04 Oct 2010
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