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
    08918527 GLASS - TOTAL TRANSPARENCY LIMITED 03 Mar 2014
    08925683 WOLFGANG (UK) LTD 06 Mar 2014
    08929854 INSIGHT-IQ LTD 10 Mar 2014
    08930117 HITCHIN COMPUTER SERVICES LIMITED 10 Mar 2014
    08934795 INTERNATIONAL SEARCH AND RESCUE ORGANISATION LTD 12 Mar 2014
    08943272 DIRECT DEMOLITION (UK) LIMITED 17 Mar 2014
    08947599 STRATA ESTATES LIMITED 19 Mar 2014
    08951343 BLUE SKY PROJECT SOLUTIONS LTD 20 Mar 2014
    08961041 AK SERVICES (LONDON) LTD 26 Mar 2014
    08965048 EBATHS ONLINE LIMITED 28 Mar 2014
    08968271 LEAN PROJECT SOLUTIONS LIMITED 31 Mar 2014
    08924172 WEST HAMPSTEAD PLUMBING & HEATING LIMITED 05 Mar 2014
    08926143 GREEN SCARF MANAGEMENT LIMITED 06 Mar 2014
    08928095 M CASTLETON LTD 07 Mar 2014
    08928269 M&S FINCHES LTD 07 Mar 2014
    08929946 THE BEAUTY LOUNGE (WELWYN) LIMITED 10 Mar 2014
    08930137 VAUGHAN ROAD 1969 LIMITED 10 Mar 2014
    08931251 CHRIS MENCE PRODUCTION LIGHTING LIMITED 10 Mar 2014
    08936711 LEDA PARTNERSHIP SOLUTIONS LIMITED 13 Mar 2014
    08937055 MORE LOCAL PROFITS LIMITED 13 Mar 2014
    08942693 COOKERYEATERY LTD 17 Mar 2014
    08944563 LAMCOM LTD. 18 Mar 2014
    08954255 SHARINGPLAY LIMITED 24 Mar 2014
    08958344 D.C. OFFLOADING LIMITED 25 Mar 2014
    08961046 SYN-RG LETTINGS LIMITED 26 Mar 2014