Hitchin, Hertfordshire
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 125 companies were registered in Hitchin during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is a decrease of 35.2% versus the same period last year (Q1 2012). This figure compares badly to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Hitchin UK 2013 125 134,802 2012 193 131,491 % change -35.2% 2.5% Record Year 2012 (193) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
New Companies by Month
January February March New companies in 2013 31 45 49 New companies in 2012 62 72 59 % change -50.0% -37.5% -16.9% Record Year 2012 (62) 2012 (72) 2007 (87)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 76 companies were dissolved in Hitchin during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 11.8% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Hitchin UK 2013 76 77,914 2012 68 67,576 % change 11.8% 15.3% Record Year 2009 (109) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Dissolved Companies by Month
January February March Closed companies in 2013 33 11 32 Closed companies in 2012 25 13 30 % change 32.0% -15.4% 7% Record Year 2011 (36) 2008 (36) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Hitchin during the first quarter of 2013 (Jan 2013 - Mar 2013) was 49 companies.
first quarter (Jan 2013 - Mar 2013) Hitchin UK 2013 49 56,888 2012 125 63,915 Record Year 2012 (125) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 -2 34 17 Net growth in 2012 37 59 29 Record Year 2012 (37) 2012 (59) 2007 (61)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Hitchin formed 0.1% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Hitchin 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1970 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.2% 0.2% 0.1% % change -55.2% -38.0% -14.1% Record Year 1986 (0.2%) 1997 (0.2%) 1970 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 56.3.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Hitchin was in 2007 when 36.0% of all directors were female.
14.7% of all director appointments in Hitchin in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.62% CONSULTING 5.18% CONSULTING 1.41% MANAGEMENT 4.78% CONSULTANCY 1.21% CONSULTANCY 3.30% ASSOCIATES 1.01% PROPERTY 2.44% GLOBAL 0.91% TRADING 2.06% DESIGN 0.91% DESIGN 1.79% SKIP 0.91% ENGINEERING 1.78% INTERNATIONAL 0.81% BUSINESS 1.77% HIRE 0.81% ASSOCIATES 1.75% TRADING 0.71% LONDON 1.72% CO., 0.71% CONSULTANTS 1.71% HERTS 0.61% CONSTRUCTION 1.69% MARKETING 0.61% MEDIA 1.63% J 0.61% GLOBAL 1.57% INVESTMENTS 0.51% J 1.56% 1 0.51% CARE 1.46% HERTFORDSHIRE 0.51% IT 1.43% MEDIA 0.51% INVESTMENTS 1.41% CONSULTANTS 0.51% PROPERTIES 1.36% CONSULT 0.51% M 1.25% HITCHIN 0.51% BUILDING 1.21% D 0.51% ENTERPRISES 1.19% MINI 0.51% ELECTRICAL 1.18% PARTNERSHIP 0.51% TRAINING 1.17% MIDI 0.51% SECURITY 1.15%
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 299 249,183 70229 - Management consultancy activities other than financial management 72 32,624 74990 - Non-trading company 68 14,129 82990 - Other business support service activities not elsewhere classified 55 54,531 99999 - Dormant Company 38 43,384 74909 - Other professional, scientific and technical activities not elsewhere classified 38 16,448 96090 - Other service activities not elsewhere classified 33 23,532 62020 - Information technology consultancy activities 30 24,894 62090 - Other information technology service activities 21 12,664 49410 - Freight transport by road 10 5,834 41100 - Development of building projects 10 8,637 93199 - Other sports activities 10 3,375 74100 - specialised design activities 10 3,645 86900 - Other human health activities 10 8,465 85590 - Other education not elsewhere classified 9 5,062 98000 - Residents property management 9 4,579 64999 - Financial intermediation not elsewhere classified 8 4,819 43210 - Electrical installation 8 5,625 62012 - Business and domestic software development 8 8,099 47990 - Other retail sale not in stores, stalls or markets 7 5,186
Recent Companies
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Randomly selected companies from this quarter
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