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Hitchin, Hertfordshire

2013 Half Year 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.

Headlines

  • April 2013 saw a new record in company registrations in Hitchin when compared to any previous April.
  • April 2013 saw a new record in net growth in Hitchin when compared to any previous April.

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 2013)

    In the first half of 2013 a total of 264 companies were formed in Hitchin. This figure is 26.3% lower than last year, which compares badly to the UK wide figure of 6.4%.

    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
    2013264269,432
    2012358253,150
    % change-26.3%6.4%
    Record Year2012 (358)2007 (279,097)
    New Companies by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 139 companies were registered in Hitchin during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 15.8% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HitchinUK
    2013139134,630
    2012165121,659
    % change-15.8%10.7%
    Record Year 2012 (165) 2013 (134,630)
    New Companies by Quarter

  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in company registrations in Hitchin when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2013564340
    New companies in 2012545358
    % change3.7%-18.9%-31.0%
    Record Year2013 (56)2012 (53)2012 (58)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 144 companies were dissolved in Hitchin. This figure is 12.7% lower than last year, which compares well to the UK wide change of 5.0%.

    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
    2013144155,192
    2012165147,794
    % change-12.7%5.0%
    Record Year2009 (271)2009 (289,245)
    Dissolved Companies by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 68 companies were dissolved in Hitchin during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 29.9% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)HitchinUK
    20136877,278
    20129780,218
    % change-29.9%-3.7%
    Record Year 2009 (162) 2009 (181,179)
    Dissolved Companies by Quarter

  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013222323
    Closed companies in 2012343825
    % change-35.3%-39.5%-8%
    Record Year2009 (48)2009 (70)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Hitchin increased by 120 companies.

    Half Year (Jan-Jun)HitchinUK
    2013120114,240
    2012193105,356
    Record Year2012 (193)2007 (171,296)
    Net Growth by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Hitchin during the second quarter of 2013 (Apr 2013 - Jun 2013) was 71 companies.

    second quarter (Apr 2013 - Jun 2013)HitchinUK
    20137157,352
    20126841,441
    Record Year 2011 (72) 2007 (60,014)
    Net Growth by Quarter

  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in net growth in Hitchin when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2013342017
    Net growth in 2012201533
    Record Year2013 (34)2007 (26)2012 (33)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Hitchin formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.

    Half Year (Jan-Jun)Hitchin
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1997 (0.2%)
    Company Share by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, Hitchin formed 0.1% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)Hitchin
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Quarter

  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.2%
    % change-12.8%-21.1%-37.6%
    Record Year1995 (0.2%)1994 (0.2%)1997 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 49.4.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 3.3%.

    Director Age by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 44.8.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Hitchin was 2008 when 33.5% of all directors were female.

    25.1% of all director appointments in Hitchin in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Hitchin was in 2009 when 35.6% of all directors were female.

    31.9% of all director appointments in Hitchin in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.05%CONSULTING5.25%
    MANAGEMENT1.64%MANAGEMENT4.80%
    ASSOCIATES1.23%CONSULTANCY3.41%
    DESIGN1.23%PROPERTY2.48%
    CONSULTANCY0.92%TRADING2.05%
    INTERNATIONAL0.82%ENGINEERING1.81%
    GLOBAL0.82%DESIGN1.79%
    TRADING0.72%LONDON1.77%
    CO.,0.72%BUSINESS1.77%
    INVESTMENTS0.72%CONSULTANTS1.68%
    HERTS0.62%CONSTRUCTION1.68%
    MEDIA0.62%ASSOCIATES1.67%
    MARKETING0.51%GLOBAL1.59%
    CONSTRUCTION0.51%MEDIA1.57%
    CONSULTANTS0.51%CARE1.55%
    HERTFORDSHIRE0.51%J1.53%
    PARTNERS0.51%INVESTMENTS1.46%
    (HERTS)0.51%IT1.40%
    SPORTS0.41%PROPERTIES1.40%
    ANALYSIS0.41%M1.26%
    RESEARCH0.41%BUILDING1.22%
    CREATIVE0.41%ELECTRICAL1.19%
    HITCHIN0.41%ENTERPRISES1.18%
    PROFESSIONAL0.41%CAPITAL1.16%
    FOR0.41%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied305257,517
    74990 - Non-trading company8114,303
    70229 - Management consultancy activities other than financial management7633,633
    82990 - Other business support service activities not elsewhere classified4854,555
    99999 - Dormant Company4844,817
    74909 - Other professional, scientific and technical activities not elsewhere classified3917,095
    96090 - Other service activities not elsewhere classified3524,324
    62020 - Information technology consultancy activities2625,583
    62090 - Other information technology service activities2012,578
    41100 - Development of building projects128,876
    93199 - Other sports activities113,487
    49410 - Freight transport by road106,273
    98000 - Residents property management94,626
    74100 - specialised design activities93,908
    43999 - Other specialised construction activities not elsewhere classified97,212
    47990 - Other retail sale not in stores, stalls or markets85,366
    85590 - Other education not elsewhere classified85,319
    86900 - Other human health activities88,687
    85600 - Educational support services83,117
    64999 - Financial intermediation not elsewhere classified74,977

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08555715 C.B.W. (HERTS) LIMITED 04 Jun 2013
    08555731 RENOVATE2RE-CREATE LTD 04 Jun 2013
    08558107 HARDSTONE CONSULTING LIMITED 06 Jun 2013
    08561113 CLOUD BY DESIGN LTD 07 Jun 2013
    08562027 LONDON SCHOOL OF BUSINESS ENGLISH LTD 10 Jun 2013
    08563038 J.BRAHAM EVERETT IMPORTS LTD 10 Jun 2013
    08575416 ALADDIN INVESTMENTS LIMITED 19 Jun 2013
    08579220 THE ILLUSTRATED CHEF LTD 21 Jun 2013
    08580248 LITTLE SEEDS BABY BOUTIQUE LTD 21 Jun 2013
    08584530 DONTYR GROUP HOLDINGS LTD 25 Jun 2013
    08553463 JF IT CONSULTANCY LIMITED 03 Jun 2013
    08553776 LITTLE FLICKS LTD 03 Jun 2013
    08558146 EMIRATES CORPORATION LTD 06 Jun 2013
    08558576 ENVIABLE LIMITED 06 Jun 2013
    08563635 GIVE ME LEMONS LTD 11 Jun 2013
    08564526 FLO VENTURE PARTNERS LTD 11 Jun 2013
    08565577 AD TAYLOR PLUMBING SERVICES LTD 12 Jun 2013
    08567970 PRIMEDGE CONSULTING LIMITED 13 Jun 2013
    08568601 JAMNSPOON LTD 13 Jun 2013
    08571560 MNC AVIATION LIMITED 17 Jun 2013
    08571871 OFISHAL BAITS LTD 17 Jun 2013
    08572897 BRONTE BAKES LIMITED 17 Jun 2013
    08575219 CASMATIC LTD 18 Jun 2013
    08578534 ITS SOLUTIONS LTD 20 Jun 2013
    08582421 REMIUS CONSULTING LIMITED 24 Jun 2013

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