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Hitchin, Hertfordshire

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Hitchin when compared to any year in history.
  • The second half of 2011 saw a new record in company registrations in Hitchin when compared to any previous second half year.
  • The second half of 2011 was a record second half year for company registrations in Hitchin when compared to any half year in history.
  • Q4 2011 saw a new record in company registrations in Hitchin when compared to any previous Q4.
  • December 2011 saw a new record in company registrations in Hitchin when compared to any previous December.
  • November 2011 saw a new record in company registrations in Hitchin when compared to any previous November.
  • November 2011 saw a new record in company closures in Hitchin when compared to any previous November.
  • The second half of 2011 saw a new record in net growth in Hitchin when compared to any previous second half year.
  • Q4 2011 saw a new record in net growth in Hitchin when compared to any previous Q4.
  • December 2011 saw a new record in net growth in Hitchin when compared to any previous December.
  • November 2011 saw a new record in net growth in Hitchin when compared to any previous November.

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. Annual Data (2011)

    2011 was a record year for company registrations in Hitchin when compared to any year in history.

    A total of 583 companies were formed in Hitchin in 2011. This total is 24.3% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearHitchinUK
    2011583452,870
    2010469400,358
    2009369362,675
    2008430349,203
    2007495457,649
    Record Year2011 (583)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company registrations in Hitchin when compared to any previous second half year.

    The second half of 2011 was a record second half year for company registrations in Hitchin when compared to any half year in history.

    In the second half of 2011 a total of 308 companies were formed in Hitchin. This figure is 33.9% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Hitchin occurred in 2011 when a total of 308 were formed.

    Half Year (Jul-Dec)HitchinUK
    2011308224,135
    2010230196,609
    % change33.9%14.0%
    Record Year2011 (308)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Hitchin when compared to any previous Q4.

    A total of 176 companies were registered in Hitchin during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 74.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HitchinUK
    2011176109,623
    201010195,117
    % change74.3%15.3%
    Record Year 2011 (176) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company registrations in Hitchin when compared to any previous December.

    November 2011 saw a new record in company registrations in Hitchin when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011495572
    New companies in 2010423326
    % change16.7%66.7%176.9%
    Record Year2002 (51)2011 (55)2011 (72)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 321 companies were dissolved in Hitchin in 2011. This total is 1.2% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearHitchinUK
    2011321314,523
    2010325342,232
    2009483533,773
    2008227237,901
    2007213220,295
    Record Year2009 (483)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 152 companies were dissolved in Hitchin. This figure is 2.7% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Hitchin occurred in 2009 when a total of 212 were closed.

    Half Year (Jul-Dec)HitchinUK
    2011152152,213
    2010148164,601
    % change2.7%-7.5%
    Record Year2009 (212)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 77 companies were dissolved in Hitchin during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 11.6% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)HitchinUK
    20117779,983
    20106976,896
    % change11.6%4.0%
    Record Year 2006 (80) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011213422
    Closed companies in 2010223215
    % change-4.5%6.3%47%
    Record Year2006 (39)2011 (34)2009 (33)

Net Company Growth

  1. Annual Data (2011)

    A total of 262 companies were added to the company register for Hitchin in 2011. This number represents growth of 55.9% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 118 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.

    YearHitchinUK
    2011262138,347
    201014458,126
    2009-114-171,098
    2008203111,302
    2007282237,354
    Record Year2007 (282)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in net growth in Hitchin when compared to any previous second half year.

    In the second half of 2011 the company register for Hitchin increased by 156 companies.

    Half Year (Jul-Dec)HitchinUK
    201115671,922
    20108232,008
    Record Year2011 (156)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in net growth in Hitchin when compared to any previous Q4.

    Net company growth for Hitchin during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 99 companies.

    fourth quarter (Oct 2011 - Dec 2011)HitchinUK
    20119929,640
    20103218,221
    Record Year 2011 (99) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in net growth in Hitchin when compared to any previous December.

    November 2011 saw a new record in net growth in Hitchin when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011282150
    Net growth in 201020111
    Record Year2002 (36)2003 (21)2011 (50)

UK Company Share

  1. Annual Data (2011)

    In 2011 Hitchin formed 0.1% of all UK companies. This is no change on 2010 when Hitchin was responsible for 0.1% of all UK companies.

    YearHitchin
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1974 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Hitchin formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jul-Dec)Hitchin
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1976 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Hitchin formed 0.2% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Hitchin
    20110.2%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.2%
    UK formation share in 20100.1%0.1%0.1%
    % change1.4%41.9%145.6%
    Record Year1975 (0.4%)1963 (0.3%)1964 (0.3%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 46.7.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 46.2.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 45.5.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 9.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 31.8%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Hitchin was 1860 when 42.9% of all directors were female.

    26.3% of all director appointments in Hitchin in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Hitchin was in 1977 when 31.1% of all directors were female.

    23.7% of all director appointments in Hitchin in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.36%CONSULTING5.07%
    MANAGEMENT2.15%MANAGEMENT4.74%
    CONSULTANCY0.82%CONSULTANCY3.26%
    TRADING0.72%PROPERTY2.37%
    DESIGN0.72%TRADING2.07%
    M0.72%DESIGN1.92%
    BUSINESS0.62%ASSOCIATES1.86%
    SCHOOL0.62%ENGINEERING1.78%
    PROPERTY0.62%BUSINESS1.78%
    GREEN0.62%CONSULTANTS1.76%
    (HITCHIN)0.51%CONSTRUCTION1.73%
    INVESTMENTS0.51%MEDIA1.71%
    K0.51%LONDON1.63%
    PROJECTS0.51%J1.51%
    PARTNERS0.51%INVESTMENTS1.48%
    MATRIX0.41%GLOBAL1.46%
    RECRUITMENT0.41%IT1.41%
    INSTALLATIONS0.41%CARE1.39%
    TRADE0.41%PROPERTIES1.29%
    MEDIA0.41%ELECTRICAL1.29%
    ASSOCIATES0.41%M1.27%
    PRODUCTIONS0.41%BUILDING1.26%
    GLOBAL0.41%ENERGY1.25%
    ELECTRICAL0.41%S1.20%
    INTERNATIONAL0.41%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied173205,525
    7487 - Other business activities5257,052
    82990 - Other business support service activities not elsewhere classified4832,483
    9999 - Dormant Company3320,199
    74990 - Non-trading company258,929
    74909 - Other professional, scientific and technical activities not elsewhere classified218,671
    70229 - Management consultancy activities other than financial management2017,765
    62020 - Information technology consultancy activities2012,072
    7499 - Non-trading company169,957
    99999 - Dormant Company1621,846
    7414 - Business & management consultancy1613,034
    96090 - Other service activities not elsewhere classified1411,768
    62090 - Other information technology service activities117,493
    7222 - Other software consultancy and supply117,398
    9305 - Other service activities109,492
    7260 - Other computer related activities97,667
    7430 - Technical testing and analysis6505
    43220 - Plumbing, heat and air-conditioning installation62,372
    49410 - Freight transport by road62,392
    62012 - Business and domestic software development53,714

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07831000 SCOSSEC LIMITED 01 Nov 2011
    07834820 OYLER BROS LIMITED 03 Nov 2011
    07835435 IZEERO SOLUTIONS LIMITED 04 Nov 2011
    07838799 INSCAPE RECRUITMENT LTD 08 Nov 2011
    07845882 GLENDOVEER LIMITED 14 Nov 2011
    07847004 MAHARAJAH (STEVENAGE) LTD 14 Nov 2011
    07848487 CHILLO'S LIMITED 15 Nov 2011
    07858943 SOUTHPOLE CARGO UK LIMITED 24 Nov 2011
    07859030 PRIMAVOLT UK LIMITED 24 Nov 2011
    07859093 MATREXX UK LIMITED 24 Nov 2011
    07859144 TORARENT UK LIMITED 24 Nov 2011
    07859451 MIRROR LAWN TURF DOCTOR LIMITED 24 Nov 2011
    OC370241 GOODHOPE LLP 28 Nov 2011
    OC370245 EDGECLIFF LLP 29 Nov 2011
    OC370248 GREENSAVANT LLP 29 Nov 2011
    07830233 BINKY NIXON LIMITED 01 Nov 2011
    07835004 THE HERMIT OF REDCOATS LIMITED 04 Nov 2011
    07851407 VIC EVANS CONSULTING LIMITED 17 Nov 2011
    07855670 S&H FRIENDS LTD 21 Nov 2011
    07856913 VICARAGE VIEW MANAGEMENT LTD 22 Nov 2011
    07858425 UKESCO LIMITED 23 Nov 2011
    07858444 DH CHEF SERVICES LTD 23 Nov 2011
    07858804 COMMS CARELINE LIMITED 24 Nov 2011
    07859921 LORNMARK (ANGUS) LIMITED 24 Nov 2011
    07863854 MARK WARNER IT SERVICES LIMITED 29 Nov 2011