Hitchin, Hertfordshire
Q1 2014 Business Confidence Report
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
reports
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