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
New Company Registrations
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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) Hitchin UK 2013 116 132,684 2012 179 118,868 % change -35.2% 11.6% Record Year 2012 (179) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
New Companies by Month
July August September New companies in 2013 42 29 45 New companies in 2012 67 48 64 % change -37.3% -39.6% -29.7% Record Year 2012 (67) 2011 (52) 2012 (64)
Closed Companies (dissolved)
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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) Hitchin UK 2013 73 86,170 2012 63 75,908 % change 15.9% 13.5% Record Year 2009 (134) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 30 22 21 Closed companies in 2012 24 17 22 % change 25.0% 29.4% -5% Record Year 2002 (34) 2008 (47) 2009 (73)
Net Company Growth
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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) Hitchin UK 2013 43 46,514 2012 116 42,960 Record Year 2012 (116) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 12 7 24 Net growth in 2012 43 31 42 Record Year 2012 (43) 2012 (31) 2012 (42)
UK Company Share
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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 2013 0.1% 2012 0.2% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1993 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.2% 0.1% 0.2% % change -43.9% -44.6% -38.4% Record Year 1993 (0.3%) 1991 (0.3%) 1965 (0.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.41% CONSULTING 5.27% DESIGN 1.38% MANAGEMENT 4.75% MANAGEMENT 1.38% CONSULTANCY 3.45% INTERNATIONAL 1.15% PROPERTY 2.53% CO., 1.15% TRADING 2.08% CONSULTANCY 1.15% ENGINEERING 1.83% ASSOCIATES 0.92% LONDON 1.79% MEDIA 0.92% DESIGN 1.78% PARTNERS 0.80% BUSINESS 1.74% B 0.69% CONSTRUCTION 1.70% GLOBAL 0.57% CONSULTANTS 1.69% HERTFORDSHIRE 0.57% CARE 1.64% TRADING 0.57% ASSOCIATES 1.61% INVESTMENTS 0.57% GLOBAL 1.59% CONSTRUCTION 0.57% J 1.54% LITTLE 0.46% MEDIA 1.54% HERTS 0.46% INVESTMENTS 1.53% FILMS 0.46% PROPERTIES 1.45% J 0.46% IT 1.39% PARTNERSHIP 0.46% M 1.25% PROFESSIONAL 0.46% ELECTRICAL 1.20% (HERTS) 0.46% BUILDING 1.19% CAPITAL 0.46% CAPITAL 1.19% BUSINESS 0.46% DEVELOPMENTS 1.16% CARE 0.46% TRAINING 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 345 260,135 74990 - Non-trading company 94 14,228 70229 - Management consultancy activities other than financial management 76 34,970 99999 - Dormant Company 51 46,169 82990 - Other business support service activities not elsewhere classified 47 54,854 74909 - Other professional, scientific and technical activities not elsewhere classified 43 17,715 96090 - Other service activities not elsewhere classified 34 25,547 62020 - Information technology consultancy activities 30 26,675 62090 - Other information technology service activities 20 12,516 41100 - Development of building projects 13 9,271 86900 - Other human health activities 11 9,203 93199 - Other sports activities 11 3,654 98000 - Residents property management 10 4,680 43999 - Other specialised construction activities not elsewhere classified 9 7,590 74100 - specialised design activities 8 4,171 49410 - Freight transport by road 8 6,904 32990 - Other manufacturing not elsewhere classified 8 3,323 47990 - Other retail sale not in stores, stalls or markets 8 5,706 62012 - Business and domestic software development 8 9,104 85600 - Educational support services 8 3,430
Recent Companies
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Randomly selected companies from this quarter
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