Hitchin, Hertfordshire

Q3 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 (Q3 Jul-Sep 2013)

    A total of 116 companies were registered in Hitchin during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is a decrease of 35.2% versus the same period last year (Q3 2012). This figure compares badly to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)HitchinUK
    2013116132,684
    2012179118,868
    % change-35.2%11.6%
    Record Year 2012 (179) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2013422945
    New companies in 2012674864
    % change-37.3%-39.6%-29.7%
    Record Year2012 (67)2011 (52)2012 (64)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 73 companies were dissolved in Hitchin during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 15.9% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)HitchinUK
    20137386,170
    20126375,908
    % change15.9%13.5%
    Record Year 2009 (134) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013302221
    Closed companies in 2012241722
    % change25.0%29.4%-5%
    Record Year2002 (34)2008 (47)2009 (73)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Hitchin during the third quarter of 2013 (Jul 2013 - Sep 2013) was 43 companies.

    third quarter (Jul 2013 - Sep 2013)HitchinUK
    20134346,514
    201211642,960
    Record Year 2012 (116) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201312724
    Net growth in 2012433142
    Record Year2012 (43)2012 (31)2012 (42)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

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

    third quarter (Jul 2013 - Sep 2013)Hitchin
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.2%0.1%0.2%
    % change-43.9%-44.6%-38.4%
    Record Year1993 (0.3%)1991 (0.3%)1965 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 44.2.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Hitchin was in 2004 when 36.2% of all directors were female.

    29.8% of all director appointments in Hitchin in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.41%CONSULTING5.27%
    DESIGN1.38%MANAGEMENT4.75%
    MANAGEMENT1.38%CONSULTANCY3.45%
    INTERNATIONAL1.15%PROPERTY2.53%
    CO.,1.15%TRADING2.08%
    CONSULTANCY1.15%ENGINEERING1.83%
    ASSOCIATES0.92%LONDON1.79%
    MEDIA0.92%DESIGN1.78%
    PARTNERS0.80%BUSINESS1.74%
    B0.69%CONSTRUCTION1.70%
    GLOBAL0.57%CONSULTANTS1.69%
    HERTFORDSHIRE0.57%CARE1.64%
    TRADING0.57%ASSOCIATES1.61%
    INVESTMENTS0.57%GLOBAL1.59%
    CONSTRUCTION0.57%J1.54%
    LITTLE0.46%MEDIA1.54%
    HERTS0.46%INVESTMENTS1.53%
    FILMS0.46%PROPERTIES1.45%
    J0.46%IT1.39%
    PARTNERSHIP0.46%M1.25%
    PROFESSIONAL0.46%ELECTRICAL1.20%
    (HERTS)0.46%BUILDING1.19%
    CAPITAL0.46%CAPITAL1.19%
    BUSINESS0.46%DEVELOPMENTS1.16%
    CARE0.46%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied345260,135
    74990 - Non-trading company9414,228
    70229 - Management consultancy activities other than financial management7634,970
    99999 - Dormant Company5146,169
    82990 - Other business support service activities not elsewhere classified4754,854
    74909 - Other professional, scientific and technical activities not elsewhere classified4317,715
    96090 - Other service activities not elsewhere classified3425,547
    62020 - Information technology consultancy activities3026,675
    62090 - Other information technology service activities2012,516
    41100 - Development of building projects139,271
    86900 - Other human health activities119,203
    93199 - Other sports activities113,654
    98000 - Residents property management104,680
    43999 - Other specialised construction activities not elsewhere classified97,590
    74100 - specialised design activities84,171
    49410 - Freight transport by road86,904
    32990 - Other manufacturing not elsewhere classified83,323
    47990 - Other retail sale not in stores, stalls or markets85,706
    62012 - Business and domestic software development89,104
    85600 - Educational support services83,430

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08672344 SEQUENCE OF EVENTS LTD 02 Sep 2013
    08675318 BEAUTIFULLY INSPIRED LIMITED 03 Sep 2013
    08678051 DYNAFORCE MARKETING LTD 05 Sep 2013
    08679714 HOPPS AND WOOLF LIMITED 06 Sep 2013
    08680478 VAUGHANN TURNBULL LTD 06 Sep 2013
    08686132 CI FORWARDING LIMITED 11 Sep 2013
    08686295 GARDIFF EPOS LIMITED 11 Sep 2013
    08686336 GARDIFF CATERING LIMITED 11 Sep 2013
    08686495 KGEC LIMITED 11 Sep 2013
    08689576 SUNCOAST CO., LTD. 13 Sep 2013
    08693894 YAXING INTERNATIONAL TRADE CO., LTD 17 Sep 2013
    08694789 HERTS. BUILDING SERVICES LIMITED 18 Sep 2013
    08696639 ALBY DISTRIBUTION LIMITED 19 Sep 2013
    08696784 TALLENTS FARM JOINERY LIMITED 19 Sep 2013
    08698937 NOOAKO LIMITED 20 Sep 2013
    OC388059 PORTAGE BUSINESS LLP 24 Sep 2013
    OC388103 MARCUSSI INTERNATIONAL LLP 25 Sep 2013
    08676882 IMAS AQUATIC SERVICES LIMITED 04 Sep 2013
    08679738 LITTLE FLICKS CHILDREN'S CINEMA LIMITED 06 Sep 2013
    08682496 ELITE ENTERPRISES LIMITED 09 Sep 2013
    08685156 AYELSTONE LAND LIMITED 11 Sep 2013
    08685282 BONNER & BRO LTD 11 Sep 2013
    08691453 ROTATE UK LTD 16 Sep 2013
    08693533 D & S H CONSULTING LIMITED 17 Sep 2013
    08698879 YOUR MORTGAGE CLOUD LIMITED 20 Sep 2013