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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08633032 VOGUE WHEELS LIMITED 01 Aug 2013 08633536 BL ENERGY CONSULTING LIMITED 01 Aug 2013 08637533 LOUDWEB LIMITED 05 Aug 2013 08642927 MAKERS BUILD LTD 08 Aug 2013 08646772 VENTURA FILMS LTD 12 Aug 2013 08650896 DUNDEAL MEDICAL PARTNERS LIMITED 14 Aug 2013 08651249 SPENCER AEROSPACE LTD 15 Aug 2013 08653007 INTELLIGREEN INNOVATIONS LTD 16 Aug 2013 08654441 DENTSPECCONSULT LTD. 16 Aug 2013 08663120 MTS BENEFITS LTD 27 Aug 2013 08664483 K9 BOUTIQUE LIMITED 27 Aug 2013 08668694 WHY HEALTH LIMITED 29 Aug 2013 08633056 A AND A LAKEVIEW LIMITED 01 Aug 2013 08633518 MIMRAM CONSULTING LIMITED 01 Aug 2013 08639116 LITTLE HOME TREASURES LIMITED 06 Aug 2013 08643090 GALLERY OF DECORATIVE ART LIMITED 08 Aug 2013 08644301 B & K JACKSON LIMITED 09 Aug 2013 08645167 MIKE CHURCH CATERING LIMITED 09 Aug 2013 08651908 JM CLINICAL RESEARCH LTD 15 Aug 2013 08656863 OFFICE ASSURE LIMITED 20 Aug 2013 08658852 WHITEPARTRIDGE LTD 21 Aug 2013 08659792 PERSPECTIVES HR LIMITED 21 Aug 2013 08662247 IAIN CAMERON CONTRACTING SERVICES LTD 23 Aug 2013 08663196 PACIFIC BAY LIMITED 27 Aug 2013 08664651 MSK PUB SERVICES LIMITED 27 Aug 2013
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