Hitchin, Hertfordshire
2011 Half Year Business Confidence Report
Headlines
- Q2 2011 saw a new record in company registrations in Hitchin when compared to any previous Q2.
- June 2011 saw a new record in company registrations in Hitchin when compared to any previous June.
- Q2 2011 saw a new record in net growth in Hitchin when compared to any previous Q2.
- April 2011 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 2011)
In the first half of 2011 a total of 275 companies were formed in Hitchin. This figure is 15.1% higher than last year, which compares well to the UK wide figure of 12.3%.
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 2011 275 228,735 2010 239 203,749 % change 15.1% 12.3% Record Year 2007 (300) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Q2 2011 saw a new record in company registrations in Hitchin when compared to any previous Q2.
A total of 144 companies were registered in Hitchin during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 35.8% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Hitchin UK 2011 144 112,344 2010 106 98,612 % change 35.8% 13.9% Record Year 2011 (144) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
June 2011 saw a new record in company registrations in Hitchin when compared to any previous June.
New Companies by Month
April May June New companies in 2011 45 44 55 New companies in 2010 48 31 27 % change -6.3% 41.9% 103.7% Record Year 2010 (48) 2007 (50) 2011 (55)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 169 companies were dissolved in Hitchin. This figure is 4.5% lower than last year, which compares badly to the UK wide change of -8.6%.
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 2011 169 162,310 2010 177 177,631 % change -4.5% -8.6% Record Year 2009 (271) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 72 companies were dissolved in Hitchin during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 20.0% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Hitchin UK 2011 72 71,324 2010 90 94,954 % change -20.0% -24.9% Record Year 2009 (162) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 14 31 27 Closed companies in 2010 18 39 33 % change -22.2% -20.5% -18% Record Year 2009 (48) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Hitchin increased by 106 companies.
Half Year (Jan-Jun) Hitchin UK 2011 106 66,425 2010 62 26,118 Record Year 2007 (179) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Q2 2011 saw a new record in net growth in Hitchin when compared to any previous Q2.
Net company growth for Hitchin during the second quarter of 2011 (Apr 2011 - Jun 2011) was 72 companies.
second quarter (Apr 2011 - Jun 2011) Hitchin UK 2011 72 41,020 2010 16 3,658 Record Year 2011 (72) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
April 2011 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 2011 31 13 28 Net growth in 2010 30 -8 -6 Record Year 2011 (31) 2007 (26) 2003 (29)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Hitchin formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jan-Jun) Hitchin 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Hitchin formed 0.1% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Hitchin 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1974 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -9.2% 11.8% 80.6% Record Year 1976 (0.4%) 1965 (0.3%) 1974 (0.5%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 47.2.
The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 7.1% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 46.4.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Hitchin was 1861 when 40.0% of all directors were female.
28.8% of all director appointments in Hitchin in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Hitchin was in 1866 when 66.7% of all directors were female.
35.0% of all director appointments in Hitchin in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.10% CONSULTING 5.09% MANAGEMENT 1.77% MANAGEMENT 4.86% TRADING 1.11% CONSULTANCY 3.17% DESIGN 1.00% PROPERTY 2.43% BUSINESS 0.88% TRADING 2.05% M 0.66% DESIGN 1.94% PROPERTY 0.55% ASSOCIATES 1.92% ASSOCIATES 0.55% BUSINESS 1.87% SYSTEMS 0.55% CONSTRUCTION 1.77% MAYDENCROFT 0.44% CONSULTANTS 1.76% T 0.44% MEDIA 1.73% TRUST 0.44% ENGINEERING 1.67% INTERIORS 0.44% LONDON 1.60% CONSTRUCTION 0.44% GLOBAL 1.46% MEDIA 0.44% J 1.44% PARTNERS 0.44% CARE 1.44% R 0.44% INVESTMENTS 1.42% AVIATION 0.44% IT 1.39% RECRUITMENT 0.44% BUILDING 1.32% MATRIX 0.44% PROPERTIES 1.31% ELECTRICAL 0.44% ELECTRICAL 1.30% INTERNATIONAL 0.44% M 1.27% PROJECT 0.44% S 1.23% HERTS 0.44% ENTERPRISES 1.20% C 0.44% SYSTEMS 1.20%
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 172 202,072 7487 - Other business activities 49 60,758 82990 - Other business support service activities not elsewhere classified 45 30,647 9999 - Dormant Company 28 20,111 7499 - Non-trading company 23 10,955 74990 - Non-trading company 21 8,481 70229 - Management consultancy activities other than financial management 21 16,419 62020 - Information technology consultancy activities 20 10,545 74909 - Other professional, scientific and technical activities not elsewhere classified 19 7,835 7414 - Business & management consultancy 15 13,053 96090 - Other service activities not elsewhere classified 15 10,322 7260 - Other computer related activities 14 7,849 99999 - Dormant Company 14 18,918 62090 - Other information technology service activities 13 7,095 7222 - Other software consultancy and supply 13 7,143 9305 - Other service activities 9 9,063 7032 - Manage real estate, fee or contract 6 2,208 96020 - Hairdressing and other beauty treatment 6 2,091 7450 - Labour recruitment 5 2,304 5530 - Restaurants 5 5,086
Recent Companies
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Randomly selected companies from this quarter
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