Download PDF version

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

  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. 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)HitchinUK
    2012358253,150
    2011275228,735
    % change30.2%10.7%
    Record Year2012 (358)2007 (279,097)
    New Companies by Half Year
  2. 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)HitchinUK
    2012165121,659
    2011144112,344
    % change14.6%8.3%
    Record Year 2012 (165) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2012545358
    New companies in 2011454455
    % change20.0%20.5%5.5%
    Record Year2012 (54)2012 (53)2012 (58)

Closed Companies (dissolved)

  1. 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)HitchinUK
    2012165147,793
    2011169162,310
    % change-2.4%-8.9%
    Record Year2009 (271)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)HitchinUK
    20129780,218
    20117271,324
    % change34.7%12.5%
    Record Year 2009 (162) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012343825
    Closed companies in 2011143127
    % change142.9%22.6%-7%
    Record Year2009 (48)2009 (70)2009 (44)

Net Company Growth

  1. 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)HitchinUK
    2012193105,357
    201110666,425
    Record Year2012 (193)2007 (171,296)
    Net Growth by Half Year
  2. 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)HitchinUK
    20126841,441
    20117241,020
    Record Year 2011 (72) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2012201533
    Net growth in 2011311328
    Record Year2011 (31)2007 (26)2012 (33)

UK Company Share

  1. 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
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Half Year
  2. 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
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1974 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.1%0.2%
    UK formation share in 20110.1%0.1%0.1%
    % change1.0%5.5%12.6%
    Record Year1976 (0.4%)1965 (0.3%)1974 (0.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.25%CONSULTING5.07%
    MANAGEMENT1.87%MANAGEMENT4.74%
    CONSULTANCY1.50%CONSULTANCY3.28%
    TRADE0.75%PROPERTY2.35%
    DEVELOPMENT0.66%TRADING2.10%
    SKIP0.66%DESIGN1.89%
    HIRE0.66%ENGINEERING1.87%
    (HITCHIN)0.66%ASSOCIATES1.82%
    GLOBAL0.56%CONSULTANTS1.78%
    IT0.56%CONSTRUCTION1.71%
    SCHOOL0.56%BUSINESS1.70%
    M0.56%MEDIA1.69%
    BUILDING0.56%LONDON1.68%
    ENTERPRISES0.56%J1.57%
    MINI0.47%GLOBAL1.51%
    BUSINESS0.47%INVESTMENTS1.48%
    MAINTENANCE0.47%IT1.42%
    PROPERTY0.47%CARE1.31%
    J0.47%PROPERTIES1.31%
    HITCHIN0.47%M1.26%
    MIDI0.47%ELECTRICAL1.23%
    HOLDINGS0.47%BUILDING1.23%
    INVESTMENTS0.47%SECURITY1.19%
    ENGINEERING0.47%S1.18%
    CONSTRUCTION0.47%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied216244,457
    82990 - Other business support service activities not elsewhere classified4335,447
    7487 - Other business activities4147,029
    74990 - Non-trading company329,706
    74909 - Other professional, scientific and technical activities not elsewhere classified3210,271
    70229 - Management consultancy activities other than financial management3120,390
    9999 - Dormant Company2816,469
    99999 - Dormant Company2526,088
    62020 - Information technology consultancy activities1915,280
    62090 - Other information technology service activities188,258
    96090 - Other service activities not elsewhere classified1614,220
    7499 - Non-trading company148,023
    7414 - Business & management consultancy1410,978
    9305 - Other service activities107,926
    93199 - Other sports activities92,095
    7222 - Other software consultancy and supply96,356
    74100 - specialised design activities72,028
    7260 - Other computer related activities76,456
    93120 - Activities of sport clubs6577
    47910 - Retail sale via mail order houses or via Internet63,818

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08093744 TECHNET SOLUTIONS LTD 06 Jun 2012
    08094609 LANDKEY ENTERPRISES LIMITED 06 Jun 2012
    OC375845 VLADI GLOBAL LLP 07 Jun 2012
    08100840 SEPROTIS SERVICES LTD 12 Jun 2012
    08101050 STEVE MUTCH LTD 12 Jun 2012
    OC376065 ROSEDALE ALBANY LLP 14 Jun 2012
    OC376083 LEIGH BARRIER LLP 14 Jun 2012
    OC376084 LAINGHOLM LLP 14 Jun 2012
    OC376086 REMUERA LLP 14 Jun 2012
    OC376112 BAMS GLOBAL LLP 15 Jun 2012
    08118243 IT MANAGEMENT LIFECYCLE SERVICES LIMITED 25 Jun 2012
    08119156 HALO LASERS LIMITED 26 Jun 2012
    08121319 MELICOR UK LIMITED 27 Jun 2012
    08121360 ESTERCORP UK LIMITED 27 Jun 2012
    08121559 MIADO PROMOTIONS UK LIMITED 27 Jun 2012
    08123560 ONTIME TRUCKING LIMITED 28 Jun 2012
    08123985 FORTUNA INVESTMENTS (UK) LIMITED 29 Jun 2012
    08124714 INVESTMENT CASTINGS LTD 29 Jun 2012
    08092018 ICHINFEST LIMITED 01 Jun 2012
    08107786 CUBIC CYCLE LTD 18 Jun 2012
    08109413 STELLAONE LTD 18 Jun 2012
    08110309 D-DEE (HITCHIN) LIMITED 19 Jun 2012
    08111628 A D PROPERTY CONSULTANTS LIMITED 19 Jun 2012
    08112992 M. DAY BUILDING CONTRACTORS LIMITED 20 Jun 2012
    08118207 STOTFOLD INDIAN TAKEAWAY LTD 25 Jun 2012