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
    OC383077 THE DEPARTMENT STUDIOS LLP 05 Mar 2013
    08430251 CHRIS HOOK LIMITED 05 Mar 2013
    08430698 FREIDMAN AIRPORT SERVICES LIMITED 05 Mar 2013
    08434116 JP DONEGAN CONSULTING ENGINEERS LIMITED 07 Mar 2013
    08436584 GRAHAM RAY LIMITED 08 Mar 2013
    08437500 INITIO HOMES LTD 08 Mar 2013
    OC383252 MAXITON INVESTMENTS LLP 11 Mar 2013
    OC383264 ALTON MANAGEMENT LLP 11 Mar 2013
    08440540 MESAVS SOLUTIONS LIMITED 12 Mar 2013
    08446831 MRG COMMS LIMITED 15 Mar 2013
    08450602 ROGER TAYLOR CONSULTING LIMITED 19 Mar 2013
    08453752 M J PLANNING LIMITED 20 Mar 2013
    08454429 NEW MEDICINES ONCOLOGY LIMITED 21 Mar 2013
    08456642 URSAE LIMITED 21 Mar 2013
    08460268 BLUDFIRE ENTERTAINMENT LIMITED 25 Mar 2013
    08460558 ON THE LEVEL FENCING LIMITED 25 Mar 2013
    08460637 DAVE HEAD LTD 25 Mar 2013
    08461172 THE BLUE TREE COMPANY (UK) LIMITED 25 Mar 2013
    08426195 DELIA LUNNON LIMITED 01 Mar 2013
    08437232 MATRACK LIMITED 08 Mar 2013
    08442639 LAVENDER DOMESTIC AND COMMERCIAL SERVICES LIMITED 13 Mar 2013
    08444330 PCS (HERTS) LTD 14 Mar 2013
    08453480 RISKNOWLOGY LTD 20 Mar 2013
    08454062 RIB-T LIMITED 20 Mar 2013
    08465983 GLOBAL SCHOOLS DEVELOPMENT LIMITED 28 Mar 2013