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Hitchin, Hertfordshire

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Hitchin when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Hitchin when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Hitchin when compared to any previous February.
  • January 2012 saw a new record in company registrations in Hitchin when compared to any previous January.
  • Q1 2012 saw a new record in net growth in Hitchin when compared to any previous Q1.
  • Q1 2012 was a record quarter for net growth in Hitchin when compared to any quarter in history.
  • February 2012 saw a new record in net growth in Hitchin when compared to any previous February.
  • January 2012 saw a new record in net growth in Hitchin when compared to any previous January.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Hitchin when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Hitchin when compared to any quarter in history.

    A total of 193 companies were registered in Hitchin during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 47.3% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)HitchinUK
    2012193131,491
    2011131116,391
    % change47.3%13.0%
    Record Year 2012 (193) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Hitchin when compared to any previous February.

    January 2012 saw a new record in company registrations in Hitchin when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012627259
    New companies in 2011374252
    % change67.6%71.4%13.5%
    Record Year2012 (62)2012 (72)2007 (87)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 68 companies were dissolved in Hitchin during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 29.9% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)HitchinUK
    20126867,576
    20119790,987
    % change-29.9%-25.7%
    Record Year 2009 (109) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012251330
    Closed companies in 2011362932
    % change-30.6%-55.2%-6%
    Record Year2011 (36)2008 (36)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in net growth in Hitchin when compared to any previous Q1.

    Q1 2012 was a record quarter for net growth in Hitchin when compared to any quarter in history.

    Net company growth for Hitchin during the first quarter of 2012 (Jan 2012 - Mar 2012) was 125 companies.

    first quarter (Jan 2012 - Mar 2012)HitchinUK
    201212563,915
    20113425,404
    Record Year 2012 (125) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in Hitchin when compared to any previous February.

    January 2012 saw a new record in net growth in Hitchin when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012375929
    Net growth in 201111320
    Record Year2012 (37)2012 (59)2007 (61)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Hitchin formed 0.1% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Hitchin
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1970 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.2%0.2%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change43.7%46.7%6.2%
    Record Year1962 (0.4%)1967 (0.4%)1970 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 49.4.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 19.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Hitchin was in 1861 when 40.0% of all directors were female.

    23.9% of all director appointments in Hitchin in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING2.46%CONSULTING5.07%
    MANAGEMENT1.80%MANAGEMENT4.74%
    CONSULTANCY1.14%CONSULTANCY3.30%
    M0.76%PROPERTY2.37%
    PROPERTY0.76%TRADING2.07%
    BUSINESS0.66%DESIGN1.93%
    DEVELOPMENT0.66%ENGINEERING1.86%
    TRADING0.57%ASSOCIATES1.84%
    TRADE0.57%CONSULTANTS1.79%
    PARTNERS0.57%BUSINESS1.73%
    SCHOOL0.57%MEDIA1.72%
    GREEN0.57%CONSTRUCTION1.72%
    INVESTMENTS0.57%LONDON1.66%
    CM&C0.47%J1.54%
    IT0.47%INVESTMENTS1.51%
    K0.47%GLOBAL1.50%
    BUILDING0.47%IT1.40%
    /0.47%CARE1.34%
    MAINTENANCE0.47%PROPERTIES1.31%
    ENTERPRISES0.47%ELECTRICAL1.27%
    (HITCHIN)0.47%M1.27%
    HITCHIN0.47%BUILDING1.24%
    DESIGN0.38%ENERGY1.20%
    ASSOCIATES0.38%S1.20%
    ESTATES0.38%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied180216,665
    7487 - Other business activities4652,735
    82990 - Other business support service activities not elsewhere classified4435,233
    9999 - Dormant Company3018,617
    74909 - Other professional, scientific and technical activities not elsewhere classified289,892
    74990 - Non-trading company289,729
    70229 - Management consultancy activities other than financial management2619,704
    62020 - Information technology consultancy activities2414,303
    99999 - Dormant Company1925,084
    7414 - Business & management consultancy1612,113
    62090 - Other information technology service activities158,145
    96090 - Other service activities not elsewhere classified1513,637
    7499 - Non-trading company159,102
    7222 - Other software consultancy and supply116,934
    9305 - Other service activities108,818
    93199 - Other sports activities92,011
    7260 - Other computer related activities87,154
    93120 - Activities of sport clubs6579
    98000 - Residents property management63,050
    62012 - Business and domestic software development64,356

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07972685 GRAHAM GARD LIMITED 01 Mar 2012
    07975459 PAUL WHITE HOLDINGS LTD 05 Mar 2012
    07976529 MD AESTHETICS LIMITED 05 Mar 2012
    07977592 TERRA SOLAR LIMITED 06 Mar 2012
    07978297 CT SERVICES PROPERTY MAINTENANCE LIMITED 06 Mar 2012
    07980029 SOLUTIONS CONTACT LEADS LIMITED 07 Mar 2012
    07980356 ROBIN SMITH FINANCIAL CONSULTANCY LIMITED 07 Mar 2012
    07982482 YOUR ADVANTAGE LIMITED 08 Mar 2012
    07986461 BANIMAL LIMITED 12 Mar 2012
    08007424 ATLANTIS CORP LIMITED 27 Mar 2012
    08007471 CANTAVE UK LIMITED 27 Mar 2012
    08011506 MEDIPRO CONTRACTS LTD 29 Mar 2012
    08011663 FOXPORT CONSULTING LTD 29 Mar 2012
    07976230 RED CARPET COMMUNICATIONS LTD 05 Mar 2012
    07979674 AETHONSTAR LIMITED 07 Mar 2012
    07982171 KMEC ELECTRICAL SERVICES LTD. 08 Mar 2012
    07982806 MATTHEW HAND CONSULTANCY LIMITED 08 Mar 2012
    07986412 PANIC INK LTD 12 Mar 2012
    07990612 HIT VALIDATION LTD 14 Mar 2012
    07994204 SOCIAL NETWORK CONSULTING LIMITED 16 Mar 2012
    07997670 WHITEBARN DEVELOPMENTS (HITCHIN) LIMITED 20 Mar 2012
    07999942 ST MARY'S CHURCH OF ENGLAND ACADEMY, STOTFOLD 21 Mar 2012
    08007495 HITCHIN VISIONCARE LTD 27 Mar 2012
    08008315 OSAY CONSULTANCY LIMITED 27 Mar 2012
    OC373911 QUAM VC LLP 29 Mar 2012