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Hitchin, Hertfordshire

Q1 2011 Business Confidence Report

Headlines

  • January 2011 saw a new record in company closures in Hitchin when compared to any previous January.

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 2011)

    A total of 131 companies were registered in Hitchin during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 1.5% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HitchinUK
    2011131116,391
    2010133105,137
    % change-1.5%10.7%
    Record Year 2007 (182) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011374252
    New companies in 2010413557
    % change-9.8%20.0%-8.8%
    Record Year2007 (51)2008 (45)2007 (87)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 97 companies were dissolved in Hitchin during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 11.5% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)HitchinUK
    20119790,986
    20108782,677
    % change11.5%10.0%
    Record Year 2009 (109) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Hitchin when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011362932
    Closed companies in 2010222540
    % change63.6%16.0%-20%
    Record Year2011 (36)2008 (36)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Hitchin during the first quarter of 2011 (Jan 2011 - Mar 2011) was 34 companies.

    first quarter (Jan 2011 - Mar 2011)HitchinUK
    20113425,405
    20104622,460
    Record Year 2007 (113) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201111320
    Net growth in 2010191017
    Record Year2005 (23)2005 (41)2007 (61)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Hitchin formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Hitchin
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1970 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-22.2%5.5%-13.0%
    Record Year1962 (0.4%)1967 (0.4%)1970 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 48.0.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 9.9% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Hitchin was in 1861 when 40.0% of all directors were female.

    22.6% of all director appointments in Hitchin in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.56%CONSULTING5.04%
    CONSULTING1.44%MANAGEMENT4.97%
    GROUP0.96%CONSULTANCY3.16%
    CONSULTANCY0.96%PROPERTY2.38%
    ASSOCIATES0.84%TRADING2.10%
    RM0.72%DESIGN1.93%
    CONSULTANTS0.72%ASSOCIATES1.92%
    CONSTRUCTION0.72%BUSINESS1.87%
    TRADING0.72%CONSTRUCTION1.80%
    DESIGN0.60%CONSULTANTS1.76%
    MOSSACK0.60%MEDIA1.69%
    CO0.60%ENGINEERING1.61%
    BUSINESS0.60%LONDON1.60%
    FONSECA0.60%CARE1.45%
    EUROPE0.60%J1.45%
    SYSTEMS0.60%GLOBAL1.44%
    AVIATION0.48%INVESTMENTS1.43%
    MATRIX0.48%IT1.41%
    INTERNATIONAL0.48%PROPERTIES1.36%
    MAYDENCROFT0.48%BUILDING1.34%
    HERTS0.48%M1.30%
    REDG0.48%ELECTRICAL1.28%
    RECRUITMENT0.48%S1.24%
    INTERIORS0.48%INTERNATIONAL1.23%
    HOLDINGS0.48%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied174202,798
    7487 - Other business activities5560,968
    82990 - Other business support service activities not elsewhere classified5030,253
    9999 - Dormant Company3019,765
    70229 - Management consultancy activities other than financial management2316,150
    74909 - Other professional, scientific and technical activities not elsewhere classified217,788
    7499 - Non-trading company2011,316
    62020 - Information technology consultancy activities1810,246
    74990 - Non-trading company178,695
    7414 - Business & management consultancy1612,916
    7260 - Other computer related activities157,789
    96090 - Other service activities not elsewhere classified1510,085
    7222 - Other software consultancy and supply147,000
    62090 - Other information technology service activities146,996
    99999 - Dormant Company1318,336
    9305 - Other service activities98,740
    96020 - Hairdressing and other beauty treatment72,073
    7032 - Manage real estate, fee or contract72,143
    43220 - Plumbing, heat and air-conditioning installation62,312
    4521 - General construction & civil engineering66,183

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07584134 IBD LICENSING LIMITED 30 Mar 2011
    07581713 GINESS LIMITED 29 Mar 2011
    07576922 CUSTOM RIGGING SERVICES LIMITED 24 Mar 2011
    07576747 CUSTOM WIRELESS SOLUTIONS LIMITED 24 Mar 2011
    07568046 REENPRO LIMITED 17 Mar 2011
    07559646 SCRUMAPM LIMITED 10 Mar 2011
    07558698 SCIE COMM LIMITED 10 Mar 2011
    07553963 GESTION1000 LIMITED 07 Mar 2011
    07548869 SYNDICATE102 LIMITED 02 Mar 2011
    07547141 BUYAFOOTBALLER LIMITED 01 Mar 2011
    07546471 SNOW-JUNKY LIMITED 01 Mar 2011
    OC363023 MORTON PROPERTY MANAGEMENT LLP 22 Mar 2011
    07586430 EXPRESS MEET AND GREET LUTON LTD 31 Mar 2011
    07582767 EMIRATES RECRUITMENT LIMITED 29 Mar 2011
    07582173 APMB MANAGEMENT LTD 29 Mar 2011
    07578651 SMART MARKETING TRAINING AND CONSULTING LTD 25 Mar 2011
    07577064 THE CHILTERNS (HITCHIN) OWNERS RESIDENTS ASSOCIATION LIMITED 24 Mar 2011
    07575426 STEVENAGE DISPLAY GROUP LIMITED 23 Mar 2011
    07571570 PHASE FACILITIES LIMITED 21 Mar 2011
    07570557 NON VERBA CONSULTING LTD 18 Mar 2011
    07561275 RH QUALITY SYSTEMS LIMITED 11 Mar 2011
    07560727 WHITECHERRY BUSINESS SOLUTIONS LIMITED 11 Mar 2011
    07558384 SIMON LLOYD CLINICS LTD 09 Mar 2011
    07554174 THE BARNS POULTRY CENTRE LIMITED 07 Mar 2011
    07552251 OCTAVE AUDIO LIMITED 04 Mar 2011