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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

  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 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)HitchinUK
    2011132114,512
    2010129101,492
    % change2.3%12.8%
    Record Year 2011 (132) 2011 (114,512)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2011365244
    New companies in 2010284556
    % change28.6%15.6%-21.4%
    Record Year2007 (42)2011 (52)2010 (56)

Closed Companies (dissolved)

  1. 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)HitchinUK
    20117572,230
    20107987,705
    % change-5.1%-17.6%
    Record Year 2009 (134) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011242328
    Closed companies in 2010233125
    % change4.3%-25.8%12%
    Record Year2002 (34)2008 (47)2009 (73)

Net Company Growth

  1. 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)HitchinUK
    20115742,282
    20105013,787
    Record Year 2007 (65) 2003 (60,597)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2011122916
    Net growth in 201051431
    Record Year2008 (30)2011 (29)2010 (31)

UK Company Share

  1. 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
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1976 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.2%
    % change17.7%-2.7%-29.0%
    Record Year1993 (0.3%)1976 (0.7%)1960 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.36%CONSULTING5.11%
    MANAGEMENT2.02%MANAGEMENT4.75%
    TRADING0.90%CONSULTANCY3.19%
    PARTNERS0.79%PROPERTY2.41%
    CONSULTANCY0.79%TRADING2.06%
    DESIGN0.79%DESIGN1.94%
    ASSOCIATES0.67%ASSOCIATES1.85%
    M0.67%BUSINESS1.82%
    GREEN0.67%CONSULTANTS1.76%
    BUSINESS0.67%ENGINEERING1.74%
    (HITCHIN)0.56%MEDIA1.72%
    PROPERTY0.56%CONSTRUCTION1.72%
    DEVELOPMENT0.45%LONDON1.63%
    J0.45%J1.47%
    MEDIA0.45%GLOBAL1.46%
    GLOBAL0.45%INVESTMENTS1.43%
    K0.45%CARE1.42%
    TECHNOLOGIES0.45%IT1.38%
    AVIATION0.45%BUILDING1.30%
    BUILDING0.45%PROPERTIES1.28%
    MATRIX0.45%ELECTRICAL1.27%
    INTERNATIONAL0.45%M1.25%
    SCHOOL0.45%ENERGY1.22%
    B0.34%TRAINING1.21%
    PICTURES0.34%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied181204,493
    7487 - Other business activities6065,177
    82990 - Other business support service activities not elsewhere classified4329,245
    9999 - Dormant Company3422,587
    7414 - Business & management consultancy2014,755
    7499 - Non-trading company2011,543
    62020 - Information technology consultancy activities2010,137
    74990 - Non-trading company208,064
    74909 - Other professional, scientific and technical activities not elsewhere classified197,551
    70229 - Management consultancy activities other than financial management1915,760
    96090 - Other service activities not elsewhere classified1410,018
    99999 - Dormant Company1418,281
    62090 - Other information technology service activities136,798
    7222 - Other software consultancy and supply138,345
    9305 - Other service activities1210,525
    7260 - Other computer related activities118,686
    5530 - Restaurants65,640
    7032 - Manage real estate, fee or contract62,493
    7430 - Technical testing and analysis6572
    96020 - Hairdressing and other beauty treatment62,009

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07724326 READER DECORATORS LTD 01 Aug 2011
    07728494 BLARNEYSTONE LIMITED 03 Aug 2011
    07736640 JWK CONTRACTING LIMITED 11 Aug 2011
    07737078 MADDOCKS INSIGHT LTD 11 Aug 2011
    07740521 DESIGNS A LIMITED 15 Aug 2011
    07742197 GJC INTELLIGENT SOLUTIONS LIMITED 16 Aug 2011
    07742967 SSG ACCOUNTING CONSULTANTS LIMITED 17 Aug 2011
    07746429 PURE TONIC MEDIA LIMITED 19 Aug 2011
    07746432 FLEX TECHNOLOGIES LIMITED 19 Aug 2011
    07747627 AGRICULTURAL EXPORT SOLUTIONS LIMITED 22 Aug 2011
    07753026 RODIC LIMITED 25 Aug 2011
    07736022 PROMMUNICATION LIMITED 10 Aug 2011
    07727575 SOLVE IT SIMPLY LTD 03 Aug 2011
    07730795 BAR AMIGO LTD 05 Aug 2011
    07736858 PEBBLE SANCTUARY LIMITED 11 Aug 2011
    07736909 PEBBLE TRAINING ACADEMY LIMITED 11 Aug 2011
    07741885 SERVICE LAPTOP LTD. 16 Aug 2011
    07746054 ALEX RIDOUT COMMUNICATIONS LIMITED 19 Aug 2011
    07748131 RENEWABLE ASSET MANAGEMENT LIMITED 22 Aug 2011
    07754247 ADHESIVES AND TAPES LIMITED 26 Aug 2011
    07756019 ADRIAN ESTATES LIMITED 30 Aug 2011
    07756811 DEBERIAT LTD 30 Aug 2011
    07731826 LOGIC LIGHTING LIMITED 08 Aug 2011
    07739016 ECOPAL LTD 12 Aug 2011
    07741387 TRASH VINTAGE LIMITED 16 Aug 2011