Hitchin, Hertfordshire
Q1 2014 Business Confidence Report
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Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 146 companies were registered in Hitchin during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 16.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hitchin UK 2014 146 150,722 2013 125 134,802 % change 16.8% 11.8% Record Year 2012 (193) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 51 42 53 New companies in 2013 31 45 49 % change 64.5% -6.7% 8.2% Record Year 2012 (62) 2012 (72) 2007 (87)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 98 companies were dissolved in Hitchin during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 28.9% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Hitchin UK 2014 98 82,370 2013 76 77,914 % change 28.9% 5.7% Record Year 2009 (109) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 28 30 40 Closed companies in 2013 33 11 32 % change -15.2% 172.7% 25% Record Year 2011 (36) 2008 (36) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Hitchin during the first quarter of 2014 (Jan 2014 - Mar 2014) was 48 companies.
first quarter (Jan 2014 - Mar 2014) Hitchin UK 2014 48 68,352 2013 49 56,888 Record Year 2012 (125) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 23 12 13 Net growth in 2013 -2 34 17 Record Year 2012 (37) 2012 (59) 2007 (61)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Hitchin formed 0.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Hitchin 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1970 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 54.0% -13.8% -9.7% Record Year 1986 (0.2%) 1997 (0.2%) 1970 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 45.1.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Hitchin was in 2007 when 36.0% of all directors were female.
27.8% of all director appointments in Hitchin in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.15% CONSULTING 5.22% MANAGEMENT 1.61% MANAGEMENT 4.67% CONSULTANCY 1.39% CONSULTANCY 3.49% TRADING 0.75% PROPERTY 2.64% ENTERPRISES 0.75% TRADING 2.05% DESIGN 0.64% LONDON 1.88% B 0.64% ENGINEERING 1.86% CARE 0.64% CARE 1.79% INVESTMENTS 0.64% CONSTRUCTION 1.75% BUSINESS 0.64% DESIGN 1.75% PROPERTY 0.54% CONSULTANTS 1.73% INTERNATIONAL 0.54% BUSINESS 1.71% CO., 0.54% PROPERTIES 1.60% MEDIA 0.54% INVESTMENTS 1.60% BUILDING 0.54% GLOBAL 1.58% HEALTH 0.54% J 1.48% D 0.54% ASSOCIATES 1.48% LITTLE 0.54% MEDIA 1.48% IT 0.54% IT 1.33% CONSTRUCTION 0.54% TRANSPORT 1.30% GLOBAL 0.43% DEVELOPMENTS 1.29% LETTINGS 0.43% BUILDING 1.24% TRACK 0.43% M 1.21% ON 0.43% CAPITAL 1.20% BACK 0.43% ELECTRICAL 1.19%
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 372 280,210 74990 - Non-trading company 91 14,135 70229 - Management consultancy activities other than financial management 88 37,882 99999 - Dormant Company 55 47,084 74909 - Other professional, scientific and technical activities not elsewhere classified 45 18,491 82990 - Other business support service activities not elsewhere classified 45 56,411 62020 - Information technology consultancy activities 34 27,750 96090 - Other service activities not elsewhere classified 32 26,700 62090 - Other information technology service activities 19 12,813 41100 - Development of building projects 15 9,855 47910 - Retail sale via mail order houses or via Internet 12 9,358 85590 - Other education not elsewhere classified 11 5,876 86900 - Other human health activities 11 10,273 93199 - Other sports activities 10 3,848 90030 - Artistic creation 10 4,340 98000 - Residents property management 10 4,832 62012 - Business and domestic software development 9 9,509 43210 - Electrical installation 9 5,885 85600 - Educational support services 9 3,687 47990 - Other retail sale not in stores, stalls or markets 8 5,988
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE OC390834 GLOBAL AFRICA COMMERCIAL LLP 04 Feb 2014 08875368 2K BUSINESS CONSULTANCY LIMITED 04 Feb 2014 OC390890 GREENGROW LLP 05 Feb 2014 08881055 TANTALLON MANAGEMENT LIMITED 07 Feb 2014 08886142 EDIFACE LTD 11 Feb 2014 08886643 WILD 5 LTD 11 Feb 2014 08888358 DESTINY SUPPORT CARE LIMITED 12 Feb 2014 OC391460 RIO SUPPORT SERVICES LLP 25 Feb 2014 08896649 WOODACE 2014 LTD 17 Feb 2014 08897043 SMITH AND WRIGHT LIMITED 17 Feb 2014 08898670 D & E PAYROLL LIMITED 17 Feb 2014 08898889 D & E AND E & B LIMITED 17 Feb 2014 08912971 RANJIT SINGH THEARA COMPUTERS LIMITED 26 Feb 2014 08915424 BAVARIAN MOTOR WERKS LTD 27 Feb 2014 08880215 IMB1 LIMITED 06 Feb 2014 08883705 CODEBREW LIMITED 10 Feb 2014 OC391073 ESS HIRE LLP 12 Feb 2014 08888581 COR BUILDING SERVICES LTD 12 Feb 2014 08902317 CAINHILL LODGE LIMITED 19 Feb 2014 08906141 HUGH BEARDESMORE BILLINGS LTD 21 Feb 2014 08907081 DIRECT DIALOG VISUAL LTD 21 Feb 2014 08908698 DSB PROPERTY DEVELOPMENT LIMITED 24 Feb 2014 08910817 BAINS ELITE CARE LIMITED 25 Feb 2014 08912968 HUERTAS AND ISAZA LIMITED 26 Feb 2014 08914876 TRADE SIGNS DIRECT LIMITED 27 Feb 2014
reports
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