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
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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