Hitchin, Hertfordshire

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Hitchin when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in Hitchin when compared to any previous September.
  • July 2012 saw a new record in company registrations in Hitchin when compared to any previous July.
  • Q3 2012 saw a new record in net growth in Hitchin when compared to any previous Q3.
  • September 2012 saw a new record in net growth in Hitchin when compared to any previous September.
  • August 2012 saw a new record in net growth in Hitchin when compared to any previous August.
  • July 2012 saw a new record in net growth in Hitchin when compared to any previous July.

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 (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Hitchin when compared to any previous Q3.

    A total of 179 companies were registered in Hitchin during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 35.6% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HitchinUK
    2012179118,868
    2011132114,512
    % change35.6%3.8%
    Record Year 2012 (179) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012674864
    New companies in 2011365244
    % change86.1%-7.7%45.5%
    Record Year2012 (67)2011 (52)2012 (64)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 62 companies were dissolved in Hitchin during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 17.3% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)HitchinUK
    20126274,772
    20117572,230
    % change-17.3%3.5%
    Record Year 2009 (134) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012241721
    Closed companies in 2011242328
    % change0.0%-26.1%-25%
    Record Year2002 (34)2008 (47)2009 (73)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in net growth in Hitchin when compared to any previous Q3.

    Net company growth for Hitchin during the third quarter of 2012 (Jul 2012 - Sep 2012) was 117 companies.

    third quarter (Jul 2012 - Sep 2012)HitchinUK
    201211744,096
    20115742,282
    Record Year 2012 (117) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012433143
    Net growth in 2011122916
    Record Year2012 (43)2012 (31)2012 (43)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, Hitchin formed 0.2% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)Hitchin
    20120.2%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1976 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.2%0.1%0.2%
    UK formation share in 20110.1%0.1%0.1%
    % change67.0%-7.0%43.9%
    Record Year1993 (0.3%)1976 (0.7%)1960 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 48.8.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 26.5% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Hitchin was in 1862 when 50.0% of all directors were female.

    25.1% of all director appointments in Hitchin in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.85%CONSULTING5.05%
    MANAGEMENT1.77%MANAGEMENT4.75%
    CONSULTANCY1.06%CONSULTANCY3.28%
    SKIP0.79%PROPERTY2.35%
    TRADE0.79%TRADING2.08%
    HIRE0.79%DESIGN1.87%
    GLOBAL0.71%ASSOCIATES1.84%
    ENGINEERING0.62%ENGINEERING1.83%
    INVESTMENTS0.62%CONSULTANTS1.76%
    MARKETING0.53%BUSINESS1.72%
    PROPERTY0.53%CONSTRUCTION1.70%
    ASSOCIATES0.53%MEDIA1.67%
    IT0.53%LONDON1.67%
    M0.53%J1.55%
    MAINTENANCE0.53%GLOBAL1.53%
    CONSTRUCTION0.44%INVESTMENTS1.46%
    HITCHIN0.44%IT1.43%
    HOLDINGS0.44%PROPERTIES1.34%
    MINI0.44%CARE1.32%
    J0.44%M1.27%
    MIDI0.44%BUILDING1.22%
    BUSINESS0.44%ENTERPRISES1.20%
    ENTERPRISES0.44%ELECTRICAL1.20%
    D0.44%S1.17%
    INVESTMENT0.35%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied319331,455
    82990 - Other business support service activities not elsewhere classified4033,677
    7487 - Other business activities3235,545
    74990 - Non-trading company329,203
    74909 - Other professional, scientific and technical activities not elsewhere classified309,891
    70229 - Management consultancy activities other than financial management3019,425
    99999 - Dormant Company2325,035
    62020 - Information technology consultancy activities1914,774
    9999 - Dormant Company1812,598
    62090 - Other information technology service activities187,869
    96090 - Other service activities not elsewhere classified1613,716
    7499 - Non-trading company136,164
    7414 - Business & management consultancy118,437
    93199 - Other sports activities92,009
    9305 - Other service activities96,142
    74100 - specialised design activities71,976
    93120 - Activities of sport clubs6539
    49410 - Freight transport by road62,795
    86900 - Other human health activities64,998
    62012 - Business and domestic software development64,584

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08168787 FREEZIG LTD 06 Aug 2012
    08172808 DOT COM MANAGER LIMITED 08 Aug 2012
    08173305 AETHERSOFT IBUSINESS LIMITED 09 Aug 2012
    08173463 FOXMOOR RESEARCH AND MARKET ANALYSIS LIMITED 09 Aug 2012
    08173467 CHASE RESEARCH AND MARKET ANALYSIS LIMITED 09 Aug 2012
    08173820 FORMULA MARKETING LIMITED 09 Aug 2012
    08174207 LIGHT CRAFT UK LIMITED 09 Aug 2012
    08174242 GLOBALEUROP ENERGY LIMITED 09 Aug 2012
    08174375 SMART ADVISERS UK LIMITED 09 Aug 2012
    08175735 DYNAMIC CORPORATE CONSULTANTS LIMITED 10 Aug 2012
    08177521 HUCRAS INVESTMENT LIMITED 13 Aug 2012
    08180355 3P BI SOLUTIONS LTD 15 Aug 2012
    08185290 ROY TRADING LIMITED 20 Aug 2012
    08186612 NORTH HERTS SKIP HIRE LIMITED 21 Aug 2012
    08187677 NORTH HERTS RECYCLING LIMITED 22 Aug 2012
    08191497 SEYMOR SOLUTIONS UK LIMITED 24 Aug 2012
    08191501 FERANO LINES UK LIMITED 24 Aug 2012
    08191541 SPEEDWAY TECHNOLOGIES UK LIMITED 24 Aug 2012
    08191698 PROFLINE UK LIMITED 24 Aug 2012
    08191734 SELIMAR UK LIMITED 24 Aug 2012
    08193216 BMS FIRST CLASS SERVICES LIMITED 28 Aug 2012
    08194719 LIFESTYLE TRENDS LTD 29 Aug 2012
    08168365 HEN BANG COMMUNICATIONS LIMITED 06 Aug 2012
    08172404 AC ADAMS LIMITED 08 Aug 2012
    08176927 SCHOLE EDUCATION LIMITED 13 Aug 2012