Hitchin, Hertfordshire
2012 Half Year Business Confidence Report
Headlines
- The first half of 2012 saw a new record in company registrations in Hitchin when compared to any previous first half year.
- The first half of 2012 was a record first half year for company registrations in Hitchin when compared to any half year in history.
- Q2 2012 saw a new record in company registrations in Hitchin when compared to any previous Q2.
- June 2012 saw a new record in company registrations in Hitchin when compared to any previous June.
- May 2012 saw a new record in company registrations in Hitchin when compared to any previous May.
- April 2012 saw a new record in company registrations in Hitchin when compared to any previous April.
- The first half of 2012 saw a new record in net growth in Hitchin when compared to any previous first half year.
- The first half of 2012 was a record first half year for net growth in Hitchin when compared to any half year in history.
- June 2012 saw a new record in net growth in Hitchin when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
The first half of 2012 saw a new record in company registrations in Hitchin when compared to any previous first half year.
The first half of 2012 was a record first half year for company registrations in Hitchin when compared to any half year in history.
In the first half of 2012 a total of 358 companies were formed in Hitchin. This figure is 30.2% higher than last year, which compares well to the UK wide figure of 10.7%.
The highest total for a first half year in Hitchin occurred in 2012 when a total of 358 were formed.
Half Year (Jan-Jun) Hitchin UK 2012 358 253,150 2011 275 228,735 % change 30.2% 10.7% Record Year 2012 (358) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Q2 2012 saw a new record in company registrations in Hitchin when compared to any previous Q2.
A total of 165 companies were registered in Hitchin during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 14.6% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Hitchin UK 2012 165 121,659 2011 144 112,344 % change 14.6% 8.3% Record Year 2012 (165) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
June 2012 saw a new record in company registrations in Hitchin when compared to any previous June.
May 2012 saw a new record in company registrations in Hitchin when compared to any previous May.
April 2012 saw a new record in company registrations in Hitchin when compared to any previous April.
New Companies by Month
April May June New companies in 2012 54 53 58 New companies in 2011 45 44 55 % change 20.0% 20.5% 5.5% Record Year 2012 (54) 2012 (53) 2012 (58)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 165 companies were dissolved in Hitchin. This figure is 2.4% lower than last year, which compares badly to the UK wide change of -8.9%.
The highest total for a first half year in Hitchin occurred in 2009 when a total of 271 were closed.
Half Year (Jan-Jun) Hitchin UK 2012 165 147,793 2011 169 162,310 % change -2.4% -8.9% Record Year 2009 (271) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 97 companies were dissolved in Hitchin during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 34.7% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Hitchin UK 2012 97 80,218 2011 72 71,324 % change 34.7% 12.5% Record Year 2009 (162) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 34 38 25 Closed companies in 2011 14 31 27 % change 142.9% 22.6% -7% Record Year 2009 (48) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
The first half of 2012 saw a new record in net growth in Hitchin when compared to any previous first half year.
The first half of 2012 was a record first half year for net growth in Hitchin when compared to any half year in history.
In the first half of 2012 the company register for Hitchin increased by 193 companies.
Half Year (Jan-Jun) Hitchin UK 2012 193 105,357 2011 106 66,425 Record Year 2012 (193) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Hitchin during the second quarter of 2012 (Apr 2012 - Jun 2012) was 68 companies.
second quarter (Apr 2012 - Jun 2012) Hitchin UK 2012 68 41,441 2011 72 41,020 Record Year 2011 (72) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
June 2012 saw a new record in net growth in Hitchin when compared to any previous June.
Net Growth by Month
April May June Net growth in 2012 20 15 33 Net growth in 2011 31 13 28 Record Year 2011 (31) 2007 (26) 2012 (33)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Hitchin formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jan-Jun) Hitchin 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Hitchin formed 0.1% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Hitchin 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1974 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.1% 0.1% 0.2% UK formation share in 2011 0.1% 0.1% 0.1% % change 1.0% 5.5% 12.6% Record Year 1976 (0.4%) 1965 (0.3%) 1974 (0.5%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 47.9.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 16.6% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 45.9.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 13.0% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Hitchin was 1861 when 40.0% of all directors were female.
23.1% of all director appointments in Hitchin in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Hitchin was in 1866 when 57.1% of all directors were female.
29.6% of all director appointments in Hitchin in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.25% CONSULTING 5.07% MANAGEMENT 1.87% MANAGEMENT 4.74% CONSULTANCY 1.50% CONSULTANCY 3.28% TRADE 0.75% PROPERTY 2.35% DEVELOPMENT 0.66% TRADING 2.10% SKIP 0.66% DESIGN 1.89% HIRE 0.66% ENGINEERING 1.87% (HITCHIN) 0.66% ASSOCIATES 1.82% GLOBAL 0.56% CONSULTANTS 1.78% IT 0.56% CONSTRUCTION 1.71% SCHOOL 0.56% BUSINESS 1.70% M 0.56% MEDIA 1.69% BUILDING 0.56% LONDON 1.68% ENTERPRISES 0.56% J 1.57% MINI 0.47% GLOBAL 1.51% BUSINESS 0.47% INVESTMENTS 1.48% MAINTENANCE 0.47% IT 1.42% PROPERTY 0.47% CARE 1.31% J 0.47% PROPERTIES 1.31% HITCHIN 0.47% M 1.26% MIDI 0.47% ELECTRICAL 1.23% HOLDINGS 0.47% BUILDING 1.23% INVESTMENTS 0.47% SECURITY 1.19% ENGINEERING 0.47% S 1.18% CONSTRUCTION 0.47% ENTERPRISES 1.17%
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 216 244,457 82990 - Other business support service activities not elsewhere classified 43 35,447 7487 - Other business activities 41 47,029 74990 - Non-trading company 32 9,706 74909 - Other professional, scientific and technical activities not elsewhere classified 32 10,271 70229 - Management consultancy activities other than financial management 31 20,390 9999 - Dormant Company 28 16,469 99999 - Dormant Company 25 26,088 62020 - Information technology consultancy activities 19 15,280 62090 - Other information technology service activities 18 8,258 96090 - Other service activities not elsewhere classified 16 14,220 7499 - Non-trading company 14 8,023 7414 - Business & management consultancy 14 10,978 9305 - Other service activities 10 7,926 93199 - Other sports activities 9 2,095 7222 - Other software consultancy and supply 9 6,356 74100 - specialised design activities 7 2,028 7260 - Other computer related activities 7 6,456 93120 - Activities of sport clubs 6 577 47910 - Retail sale via mail order houses or via Internet 6 3,818
Recent Companies
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Randomly selected companies from this quarter
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