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

  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 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)HitchinUK
    2013125134,802
    2012193131,491
    % change-35.2%2.5%
    Record Year 2012 (193) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013314549
    New companies in 2012627259
    % change-50.0%-37.5%-16.9%
    Record Year2012 (62)2012 (72)2007 (87)

Closed Companies (dissolved)

  1. 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)HitchinUK
    20137677,914
    20126867,576
    % change11.8%15.3%
    Record Year 2009 (109) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013331132
    Closed companies in 2012251330
    % change32.0%-15.4%7%
    Record Year2011 (36)2008 (36)2009 (79)

Net Company Growth

  1. 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)HitchinUK
    20134956,888
    201212563,915
    Record Year 2012 (125) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013-23417
    Net growth in 2012375929
    Record Year2012 (37)2012 (59)2007 (61)

UK Company Share

  1. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.2%0.2%0.1%
    % change-55.2%-38.0%-14.1%
    Record Year1986 (0.2%)1997 (0.2%)1970 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.62%CONSULTING5.18%
    CONSULTING1.41%MANAGEMENT4.78%
    CONSULTANCY1.21%CONSULTANCY3.30%
    ASSOCIATES1.01%PROPERTY2.44%
    GLOBAL0.91%TRADING2.06%
    DESIGN0.91%DESIGN1.79%
    SKIP0.91%ENGINEERING1.78%
    INTERNATIONAL0.81%BUSINESS1.77%
    HIRE0.81%ASSOCIATES1.75%
    TRADING0.71%LONDON1.72%
    CO.,0.71%CONSULTANTS1.71%
    HERTS0.61%CONSTRUCTION1.69%
    MARKETING0.61%MEDIA1.63%
    J0.61%GLOBAL1.57%
    INVESTMENTS0.51%J1.56%
    10.51%CARE1.46%
    HERTFORDSHIRE0.51%IT1.43%
    MEDIA0.51%INVESTMENTS1.41%
    CONSULTANTS0.51%PROPERTIES1.36%
    CONSULT0.51%M1.25%
    HITCHIN0.51%BUILDING1.21%
    D0.51%ENTERPRISES1.19%
    MINI0.51%ELECTRICAL1.18%
    PARTNERSHIP0.51%TRAINING1.17%
    MIDI0.51%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied299249,183
    70229 - Management consultancy activities other than financial management7232,624
    74990 - Non-trading company6814,129
    82990 - Other business support service activities not elsewhere classified5554,531
    99999 - Dormant Company3843,384
    74909 - Other professional, scientific and technical activities not elsewhere classified3816,448
    96090 - Other service activities not elsewhere classified3323,532
    62020 - Information technology consultancy activities3024,894
    62090 - Other information technology service activities2112,664
    49410 - Freight transport by road105,834
    41100 - Development of building projects108,637
    93199 - Other sports activities103,375
    74100 - specialised design activities103,645
    86900 - Other human health activities108,465
    85590 - Other education not elsewhere classified95,062
    98000 - Residents property management94,579
    64999 - Financial intermediation not elsewhere classified84,819
    43210 - Electrical installation85,625
    62012 - Business and domestic software development88,099
    47990 - Other retail sale not in stores, stalls or markets75,186

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08385176 DOBSON BROWN LIMITED 01 Feb 2013
    08387130 J HARE & SONS LTD 04 Feb 2013
    08389337 PROFESSIONAL PROCUREMENT PARTNERSHIP LIMITED 05 Feb 2013
    08391474 OBSERVEX LTD. 06 Feb 2013
    08394265 PETALPOPS LTD 07 Feb 2013
    08396584 HITCHIN CARS LIMITED 11 Feb 2013
    08397788 SNAP N TRAP LIMITED 11 Feb 2013
    08402643 NETWORKNINE LIMITED 14 Feb 2013
    08402815 NM VALETING LTD 14 Feb 2013
    08419024 MTS PARTNERSHIP LTD. 26 Feb 2013
    08419857 BLACK PEARL CONSULTANCY LIMITED 26 Feb 2013
    08422435 YHQC INTERNATIONAL LIMITED 27 Feb 2013
    08390426 THE DISCOUNT BRANDS COMPANY LTD 06 Feb 2013
    08391042 RELEASEEIGHT LIMITED 06 Feb 2013
    08392219 JEFF AND JONES MEDIA LIMITED 07 Feb 2013
    08399140 HK PERSONAL TRAINING LIMITED 12 Feb 2013
    08399820 DOMOS (UK) LIMITED 12 Feb 2013
    08403652 RACING HEART FILMS LIMITED 14 Feb 2013
    08406654 YOURTAXIMETER LTD 18 Feb 2013
    08410588 ANDREW NELSON LIMITED 19 Feb 2013
    08411210 GATCOMBE MANOR MANAGEMENT COMPANY LIMITED 20 Feb 2013
    08413592 AMINORI LIMITED 21 Feb 2013
    08418485 PIRTON (PRIMROSE HILL) LIMITED 25 Feb 2013
    08419790 WRC FOODS LIMITED 26 Feb 2013
    08414041 ITALIAN HOMES LIMITED 21 Feb 2013