Hitchin, Hertfordshire

Q1 2014 Business Confidence Report

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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)HitchinUK
    2014146150,722
    2013125134,802
    % change16.8%11.8%
    Record Year 2012 (193) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014514253
    New companies in 2013314549
    % change64.5%-6.7%8.2%
    Record Year2012 (62)2012 (72)2007 (87)

Closed Companies (dissolved)

  1. 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)HitchinUK
    20149882,370
    20137677,914
    % change28.9%5.7%
    Record Year 2009 (109) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014283040
    Closed companies in 2013331132
    % change-15.2%172.7%25%
    Record Year2011 (36)2008 (36)2009 (79)

Net Company Growth

  1. 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)HitchinUK
    20144868,352
    20134956,888
    Record Year 2012 (125) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014231213
    Net growth in 2013-23417
    Record Year2012 (37)2012 (59)2007 (61)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change54.0%-13.8%-9.7%
    Record Year1986 (0.2%)1997 (0.2%)1970 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING2.15%CONSULTING5.22%
    MANAGEMENT1.61%MANAGEMENT4.67%
    CONSULTANCY1.39%CONSULTANCY3.49%
    TRADING0.75%PROPERTY2.64%
    ENTERPRISES0.75%TRADING2.05%
    DESIGN0.64%LONDON1.88%
    B0.64%ENGINEERING1.86%
    CARE0.64%CARE1.79%
    INVESTMENTS0.64%CONSTRUCTION1.75%
    BUSINESS0.64%DESIGN1.75%
    PROPERTY0.54%CONSULTANTS1.73%
    INTERNATIONAL0.54%BUSINESS1.71%
    CO.,0.54%PROPERTIES1.60%
    MEDIA0.54%INVESTMENTS1.60%
    BUILDING0.54%GLOBAL1.58%
    HEALTH0.54%J1.48%
    D0.54%ASSOCIATES1.48%
    LITTLE0.54%MEDIA1.48%
    IT0.54%IT1.33%
    CONSTRUCTION0.54%TRANSPORT1.30%
    GLOBAL0.43%DEVELOPMENTS1.29%
    LETTINGS0.43%BUILDING1.24%
    TRACK0.43%M1.21%
    ON0.43%CAPITAL1.20%
    BACK0.43%ELECTRICAL1.19%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied372280,210
    74990 - Non-trading company9114,135
    70229 - Management consultancy activities other than financial management8837,882
    99999 - Dormant Company5547,084
    74909 - Other professional, scientific and technical activities not elsewhere classified4518,491
    82990 - Other business support service activities not elsewhere classified4556,411
    62020 - Information technology consultancy activities3427,750
    96090 - Other service activities not elsewhere classified3226,700
    62090 - Other information technology service activities1912,813
    41100 - Development of building projects159,855
    47910 - Retail sale via mail order houses or via Internet129,358
    85590 - Other education not elsewhere classified115,876
    86900 - Other human health activities1110,273
    93199 - Other sports activities103,848
    90030 - Artistic creation104,340
    98000 - Residents property management104,832
    62012 - Business and domestic software development99,509
    43210 - Electrical installation95,885
    85600 - Educational support services93,687
    47990 - Other retail sale not in stores, stalls or markets85,988

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08828951 ETHEREALITY ASSOCIATES LIMITED 02 Jan 2014
    08834145 RABLEY HEATH SERVICES LIMITED 07 Jan 2014
    08837596 B WINDSCREEN LIMITED 09 Jan 2014
    08839122 PROTOZ LIMITED 09 Jan 2014
    08840317 GAMES KEEPER LIMITED 10 Jan 2014
    OC390326 DELORA TREE LLP 13 Jan 2014
    08847778 JUNO 7 LIMITED 16 Jan 2014
    08847931 APOLLO TRUSTEES 1 LIMITED 16 Jan 2014
    08847933 APOLLO TRUSTEES 2 LIMITED 16 Jan 2014
    08847977 TRIMSTONE CONSULTING LTD 16 Jan 2014
    08856779 AMERICA MONEY TRANSFER LIMITED 22 Jan 2014
    08858016 DRENI CONSTRUCTIONS LIMITED 23 Jan 2014
    08860599 THE SNUG KITCHEN LIMITED 24 Jan 2014
    08863303 RWAV LIMITED 27 Jan 2014
    08864740 GKKM LIMITED 28 Jan 2014
    OC390672 DALYA CORP LLP 29 Jan 2014
    08866989 FRONTIER EXPLORATION LIMITED 29 Jan 2014
    08869230 GLITCHCO LTD 30 Jan 2014
    08834759 CRISIS MANAGEMENT SOLUTIONS LTD 07 Jan 2014
    08836904 CC CARE MANAGEMENT LTD 08 Jan 2014
    08850399 HITCHIN RFC TRADING LTD 17 Jan 2014
    08858158 ENTERPRISING YOU LTD 23 Jan 2014
    08858179 A-SPAN PRO-FIT LIMITED 23 Jan 2014
    08868660 IG INTERCHANGE LIMITED 30 Jan 2014
    08869976 IG INTERCHANGEAPPS LIMITED 30 Jan 2014