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
New Company Registrations
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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.
Year Hitchin UK 2011 583 452,870 2010 469 400,358 2009 369 362,675 2008 430 349,203 2007 495 457,649 Record Year 2011 (583) 2007 (457,649) New Companies by Year
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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) Hitchin UK 2011 308 224,135 2010 230 196,609 % change 33.9% 14.0% Record Year 2011 (308) 2011 (224,135) New Companies by Half Year
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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) Hitchin UK 2011 176 109,623 2010 101 95,117 % change 74.3% 15.3% Record Year 2011 (176) 2011 (109,623) New Companies by Quarter
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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
October November December New companies in 2011 49 55 72 New companies in 2010 42 33 26 % change 16.7% 66.7% 176.9% Record Year 2002 (51) 2011 (55) 2011 (72)
Closed Companies (dissolved)
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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.
Year Hitchin UK 2011 321 314,523 2010 325 342,232 2009 483 533,773 2008 227 237,901 2007 213 220,295 Record Year 2009 (483) 2009 (533,773) Dissolved Companies by Year
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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) Hitchin UK 2011 152 152,213 2010 148 164,601 % change 2.7% -7.5% Record Year 2009 (212) 2009 (244,537) Dissolved Companies by Half Year
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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) Hitchin UK 2011 77 79,983 2010 69 76,896 % change 11.6% 4.0% Record Year 2006 (80) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2011 21 34 22 Closed companies in 2010 22 32 15 % change -4.5% 6.3% 47% Record Year 2006 (39) 2011 (34) 2009 (33)
Net Company Growth
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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.
Year Hitchin UK 2011 262 138,347 2010 144 58,126 2009 -114 -171,098 2008 203 111,302 2007 282 237,354 Record Year 2007 (282) 2003 (242,543) Net Growth by Year
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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) Hitchin UK 2011 156 71,922 2010 82 32,008 Record Year 2011 (156) 2003 (117,772) Net Growth by Half Year
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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) Hitchin UK 2011 99 29,640 2010 32 18,221 Record Year 2011 (99) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2011 28 21 50 Net growth in 2010 20 1 11 Record Year 2002 (36) 2003 (21) 2011 (50)
UK Company Share
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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.
Year 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 Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1976 (0.2%) Company Share by Half Year
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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 2011 0.2% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1968 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.1% 0.2% UK formation share in 2010 0.1% 0.1% 0.1% % change 1.4% 41.9% 145.6% Record Year 1975 (0.4%) 1963 (0.3%) 1964 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 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 5.07% MANAGEMENT 2.15% MANAGEMENT 4.74% CONSULTANCY 0.82% CONSULTANCY 3.26% TRADING 0.72% PROPERTY 2.37% DESIGN 0.72% TRADING 2.07% M 0.72% DESIGN 1.92% BUSINESS 0.62% ASSOCIATES 1.86% SCHOOL 0.62% ENGINEERING 1.78% PROPERTY 0.62% BUSINESS 1.78% GREEN 0.62% CONSULTANTS 1.76% (HITCHIN) 0.51% CONSTRUCTION 1.73% INVESTMENTS 0.51% MEDIA 1.71% K 0.51% LONDON 1.63% PROJECTS 0.51% J 1.51% PARTNERS 0.51% INVESTMENTS 1.48% MATRIX 0.41% GLOBAL 1.46% RECRUITMENT 0.41% IT 1.41% INSTALLATIONS 0.41% CARE 1.39% TRADE 0.41% PROPERTIES 1.29% MEDIA 0.41% ELECTRICAL 1.29% ASSOCIATES 0.41% M 1.27% PRODUCTIONS 0.41% BUILDING 1.26% GLOBAL 0.41% ENERGY 1.25% ELECTRICAL 0.41% S 1.20% INTERNATIONAL 0.41% ENTERPRISES 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 173 205,525 7487 - Other business activities 52 57,052 82990 - Other business support service activities not elsewhere classified 48 32,483 9999 - Dormant Company 33 20,199 74990 - Non-trading company 25 8,929 74909 - Other professional, scientific and technical activities not elsewhere classified 21 8,671 70229 - Management consultancy activities other than financial management 20 17,765 62020 - Information technology consultancy activities 20 12,072 7499 - Non-trading company 16 9,957 99999 - Dormant Company 16 21,846 7414 - Business & management consultancy 16 13,034 96090 - Other service activities not elsewhere classified 14 11,768 62090 - Other information technology service activities 11 7,493 7222 - Other software consultancy and supply 11 7,398 9305 - Other service activities 10 9,492 7260 - Other computer related activities 9 7,667 7430 - Technical testing and analysis 6 505 43220 - Plumbing, heat and air-conditioning installation 6 2,372 49410 - Freight transport by road 6 2,392 62012 - Business and domestic software development 5 3,714
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07794724 CUSTOM OPTICS REPAIRS LTD 03 Oct 2011 07797972 EMIL DALE SCHOOL OF PERFORMING ARTS LIMITED 05 Oct 2011 07800195 CREVISIO LTD. 06 Oct 2011 OC368696 SAWLEY LLP 07 Oct 2011 OC368721 CHAIGLEY LLP 07 Oct 2011 OC368722 KEASDEN LLP 07 Oct 2011 OC368723 WYRLEY LLP 07 Oct 2011 07801513 RDR RECRUITS LTD 07 Oct 2011 07808973 OUT EARLY LIMITED 13 Oct 2011 07815202 ON THE PEG LIMITED 19 Oct 2011 07819860 ABLE TIME INTERNATIONAL LIMITED 21 Oct 2011 07822603 HISLOP & CO HORTICULTURE LIMITED 25 Oct 2011 OC369304 BROUGHTON SANTON LLP 28 Oct 2011 07796383 SOLAR CHARGE UK LTD 04 Oct 2011 07797965 CHRIS' MAINTENANCE SERVICES LIMITED 05 Oct 2011 07802984 E&VM LTD 10 Oct 2011 07804830 TAIMARIE LIMITED 11 Oct 2011 07805607 MV ESTATES LIMITED 11 Oct 2011 07808226 MASTERLEISURE (TEMPSFORD) LIMITED 13 Oct 2011 07814327 107% LIMITED 18 Oct 2011 07816310 IAN HARRIS MORRIS SPARES LTD 19 Oct 2011 07816633 VOCABLIA LIMITED 19 Oct 2011 07818999 DAMIEN KNIGHT SERVICES LTD 21 Oct 2011 07823977 EDWARDS INSTALLATIONS LIMITED 26 Oct 2011 07829493 A1 TRADE FRAMES LTD 31 Oct 2011
reports
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