Hitchin, Hertfordshire
Q3 2011 Business Confidence Report
Headlines
- Q3 2011 saw a new record in company registrations in Hitchin when compared to any previous Q3.
- August 2011 saw a new record in company registrations in Hitchin when compared to any previous August.
- August 2011 saw a new record in net growth in Hitchin when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
Q3 2011 saw a new record in company registrations in Hitchin when compared to any previous Q3.
A total of 132 companies were registered in Hitchin during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 2.3% versus the same period last year (Q3 2010). This figure compares badly to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Hitchin UK 2011 132 114,512 2010 129 101,492 % change 2.3% 12.8% Record Year 2011 (132) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
August 2011 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 2011 36 52 44 New companies in 2010 28 45 56 % change 28.6% 15.6% -21.4% Record Year 2007 (42) 2011 (52) 2010 (56)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 75 companies were dissolved in Hitchin during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is a decrease of 5.1% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Hitchin UK 2011 75 72,230 2010 79 87,705 % change -5.1% -17.6% Record Year 2009 (134) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 24 23 28 Closed companies in 2010 23 31 25 % change 4.3% -25.8% 12% Record Year 2002 (34) 2008 (47) 2009 (73)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Net company growth for Hitchin during the third quarter of 2011 (Jul 2011 - Sep 2011) was 57 companies.
third quarter (Jul 2011 - Sep 2011) Hitchin UK 2011 57 42,282 2010 50 13,787 Record Year 2007 (65) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
August 2011 saw a new record in net growth in Hitchin when compared to any previous August.
Net Growth by Month
July August September Net growth in 2011 12 29 16 Net growth in 2010 5 14 31 Record Year 2008 (30) 2011 (29) 2010 (31)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Hitchin formed 0.1% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Hitchin 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1976 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.2% % change 17.7% -2.7% -29.0% Record Year 1993 (0.3%) 1976 (0.7%) 1960 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 46.8.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Hitchin was in 1862 when 50.0% of all directors were female.
28.3% of all director appointments in Hitchin in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.36% CONSULTING 5.11% MANAGEMENT 2.02% MANAGEMENT 4.75% TRADING 0.90% CONSULTANCY 3.19% PARTNERS 0.79% PROPERTY 2.41% CONSULTANCY 0.79% TRADING 2.06% DESIGN 0.79% DESIGN 1.94% ASSOCIATES 0.67% ASSOCIATES 1.85% M 0.67% BUSINESS 1.82% GREEN 0.67% CONSULTANTS 1.76% BUSINESS 0.67% ENGINEERING 1.74% (HITCHIN) 0.56% MEDIA 1.72% PROPERTY 0.56% CONSTRUCTION 1.72% DEVELOPMENT 0.45% LONDON 1.63% J 0.45% J 1.47% MEDIA 0.45% GLOBAL 1.46% GLOBAL 0.45% INVESTMENTS 1.43% K 0.45% CARE 1.42% TECHNOLOGIES 0.45% IT 1.38% AVIATION 0.45% BUILDING 1.30% BUILDING 0.45% PROPERTIES 1.28% MATRIX 0.45% ELECTRICAL 1.27% INTERNATIONAL 0.45% M 1.25% SCHOOL 0.45% ENERGY 1.22% B 0.34% TRAINING 1.21% PICTURES 0.34% S 1.21%
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 181 204,493 7487 - Other business activities 60 65,177 82990 - Other business support service activities not elsewhere classified 43 29,245 9999 - Dormant Company 34 22,587 7414 - Business & management consultancy 20 14,755 7499 - Non-trading company 20 11,543 62020 - Information technology consultancy activities 20 10,137 74990 - Non-trading company 20 8,064 74909 - Other professional, scientific and technical activities not elsewhere classified 19 7,551 70229 - Management consultancy activities other than financial management 19 15,760 96090 - Other service activities not elsewhere classified 14 10,018 99999 - Dormant Company 14 18,281 62090 - Other information technology service activities 13 6,798 7222 - Other software consultancy and supply 13 8,345 9305 - Other service activities 12 10,525 7260 - Other computer related activities 11 8,686 5530 - Restaurants 6 5,640 7032 - Manage real estate, fee or contract 6 2,493 7430 - Technical testing and analysis 6 572 96020 - Hairdressing and other beauty treatment 6 2,009
Recent Companies
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Randomly selected companies from this quarter
reports
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