Hitchin, Hertfordshire
2013 Annual 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
- October 2013 saw a new record in company closures in Hitchin when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
A total of 513 companies were formed in Hitchin in 2013. This total is 23.8% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Hitchin UK 2013 513 529,363 2012 673 491,893 2011 583 452,870 2010 469 400,358 2009 369 362,675 Record Year 2012 (673) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 249 companies were formed in Hitchin. This figure is 21.0% lower than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Hitchin occurred in 2012 when a total of 315 were formed.
Half Year (Jul-Dec) Hitchin UK 2013 249 259,931 2012 315 238,743 % change -21.0% 8.9% Record Year 2012 (315) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 133 companies were registered in Hitchin during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 2.2% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Hitchin UK 2013 133 127,247 2012 136 119,875 % change -2.2% 6.1% Record Year 2011 (176) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 41 43 49 New companies in 2012 71 38 27 % change -42.3% 13.2% 81.5% Record Year 2012 (71) 2011 (55) 2011 (72)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 320 companies were dissolved in Hitchin in 2013. This total is 3.9% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Hitchin UK 2013 320 332,213 2012 308 293,729 2011 321 314,524 2010 325 342,233 2009 483 533,789 Record Year 2009 (483) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 176 companies were dissolved in Hitchin. This figure is 23.1% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Hitchin occurred in 2009 when a total of 212 were closed.
Half Year (Jul-Dec) Hitchin UK 2013 176 177,021 2012 143 145,935 % change 23.1% 21.3% Record Year 2009 (212) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 103 companies were dissolved in Hitchin during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 28.8% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Hitchin UK 2013 103 90,851 2012 80 70,027 % change 28.8% 29.7% Record Year 2013 (103) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company closures in Hitchin when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 43 30 30 Closed companies in 2012 39 27 14 % change 10.3% 11.1% 114% Record Year 2013 (43) 2011 (34) 2009 (33)
Net Company Growth
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Annual Data (2013)
A total of 193 companies were added to the company register for Hitchin in 2013. This number represents growth of 37.6% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 172 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Hitchin company register grew by 365 companies.
Year Hitchin UK 2013 193 197,150 2012 365 198,164 2011 262 138,346 2010 144 58,125 2009 -114 -171,114 Record Year 2012 (365) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Hitchin increased by 73 companies.
Half Year (Jul-Dec) Hitchin UK 2013 73 82,910 2012 172 92,808 Record Year 2012 (172) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Hitchin during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 30 companies.
fourth quarter (Oct 2013 - Dec 2013) Hitchin UK 2013 30 36,396 2012 56 49,848 Record Year 2011 (99) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 -2 13 19 Net growth in 2012 32 11 13 Record Year 2002 (36) 2011 (21) 2011 (50)
UK Company Share
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Annual Data (2013)
In 2013 Hitchin formed 0.1% of all UK companies. This is no change on 2012 when Hitchin was responsible for 0.1% of all UK companies.
Year Hitchin 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1997 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Hitchin formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Hitchin 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1993 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Hitchin formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Hitchin 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.1% 2009 0.1% Record Year (since 1960) 2011 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.2% 0.1% 0.1% % change -46.3% 11.1% 65.0% Record Year 1994 (0.2%) 1996 (0.2%) 2011 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 46.8.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.3.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.5.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Hitchin was 1970 when 100.0% of all directors were female.
The percentage of female directors in Hitchin in 2013 was 25.9%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Hitchin was 2007 when 32.5% of all directors were female.
26.6% of all director appointments in Hitchin in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Hitchin was in 2007 when 32.1% of all directors were female.
23.1% of all director appointments in Hitchin in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.64% CONSULTING 5.22% CONSULTANCY 1.49% MANAGEMENT 4.72% MANAGEMENT 1.38% CONSULTANCY 3.45% DESIGN 1.26% PROPERTY 2.59% CO., 1.03% TRADING 2.08% INTERNATIONAL 0.92% ENGINEERING 1.87% TRADING 0.80% LONDON 1.86% INVESTMENTS 0.69% DESIGN 1.76% CONSTRUCTION 0.69% CONSTRUCTION 1.73% ENTERPRISES 0.69% CARE 1.73% ON 0.57% BUSINESS 1.71% NEW 0.57% CONSULTANTS 1.68% MEDIA 0.57% GLOBAL 1.58% IT 0.57% INVESTMENTS 1.56% LITTLE 0.57% PROPERTIES 1.54% J 0.46% ASSOCIATES 1.53% FILMS 0.46% J 1.51% (HERTS) 0.46% MEDIA 1.50% GLOBAL 0.46% IT 1.35% S 0.46% DEVELOPMENTS 1.23% BACK 0.46% M 1.23% TRACK 0.46% BUILDING 1.21% P 0.46% ELECTRICAL 1.20% HEALTH 0.46% CAPITAL 1.19% ASSOCIATES 0.46% ENERGY 1.14%
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 364 266,814 74990 - Non-trading company 94 14,223 70229 - Management consultancy activities other than financial management 78 36,164 99999 - Dormant Company 52 46,762 82990 - Other business support service activities not elsewhere classified 48 55,342 74909 - Other professional, scientific and technical activities not elsewhere classified 47 18,034 96090 - Other service activities not elsewhere classified 33 26,001 62020 - Information technology consultancy activities 31 27,183 62090 - Other information technology service activities 20 12,511 41100 - Development of building projects 15 9,485 98000 - Residents property management 10 4,710 93199 - Other sports activities 10 3,723 43210 - Electrical installation 9 5,730 85600 - Educational support services 9 3,584 86900 - Other human health activities 9 9,543 43999 - Other specialised construction activities not elsewhere classified 8 7,823 32990 - Other manufacturing not elsewhere classified 8 3,340 41202 - Construction of domestic buildings 8 6,191 90030 - Artistic creation 8 4,138 47990 - Other retail sale not in stores, stalls or markets 7 5,800
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08713118 MAMBI PUBLISHING LIMITED 01 Oct 2013 08717607 MIRRORSOFT LIMITED 03 Oct 2013 08719245 P F STEVENS CONSULTANCY LIMITED 04 Oct 2013 08719399 QUANTAX ADVISORS LTD 04 Oct 2013 08720566 AIRTIGHT (UK) LIMITED 07 Oct 2013 08729918 FACILITAS IT LIMITED 11 Oct 2013 08735351 START HEART LIMITED 16 Oct 2013 08735662 PEER WORK CONSULTANCY LTD 16 Oct 2013 08739035 TOTAL AVIATION SPECIALISTS LIMITED 18 Oct 2013 08745506 JAMES CHAMPION PERSONAL TRAINER LTD 23 Oct 2013 08747554 GREENACRE WORLDWIDE LIMITED 24 Oct 2013 08747694 HAMPTON TRADING LIMITED 24 Oct 2013 OC388806 GREEN INDUSTRY LLP 28 Oct 2013 08751458 BLUESTAR INC LIMITED 28 Oct 2013 08712817 JE TE VEUX LIMITED 01 Oct 2013 08713151 LSM CONSULTING LTD 01 Oct 2013 08714879 V.CLARK OT LTD 02 Oct 2013 08718932 VPROC LIMITED 04 Oct 2013 08726909 LUXON TRADE LTD 10 Oct 2013 08729482 ANGLIA MOTOR SPORT CLUB LIMITED 11 Oct 2013 08735031 MARQUIS SOLUTIONS LTD 16 Oct 2013 08735850 WORKING WITH WORDS LIMITED 17 Oct 2013 08738907 KEVIN DEERY TRANSPORT LIMITED 18 Oct 2013 08746481 DNP MAINTAIN AND BUILD LIMITED 24 Oct 2013 08746598 L & R EXTENSIONS LTD 24 Oct 2013
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