Hitchin, Hertfordshire
2014 Half Year Business Confidence Report
Headlines
- June 2014 saw a new record in company registrations in Hitchin when compared to any previous June.
- June 2014 saw a new record in net growth in Hitchin when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 301 companies were formed in Hitchin. This figure is 14.0% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Hitchin occurred in 2012 when a total of 358 were formed.
Half Year (Jan-Jun) Hitchin UK 2014 301 300,731 2013 264 269,432 % change 14.0% 11.6% Record Year 2012 (358) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 155 companies were registered in Hitchin during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 11.5% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hitchin UK 2014 155 150,009 2013 139 134,630 % change 11.5% 11.4% Record Year 2012 (165) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Hitchin when compared to any previous June.
New Companies by Month
April May June New companies in 2014 47 44 64 New companies in 2013 56 43 40 % change -16.1% 2.3% 60.0% Record Year 2013 (56) 2012 (53) 2014 (64)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 199 companies were dissolved in Hitchin. This figure is 38.2% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Hitchin occurred in 2009 when a total of 271 were closed.
Half Year (Jan-Jun) Hitchin UK 2014 199 177,207 2013 144 155,192 % change 38.2% 14.2% Record Year 2009 (271) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 101 companies were dissolved in Hitchin during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 48.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Hitchin UK 2014 101 94,837 2013 68 77,278 % change 48.5% 22.7% Record Year 2009 (162) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 18 60 23 Closed companies in 2013 22 23 23 % change -18.2% 160.9% 0% Record Year 2009 (48) 2009 (70) 2009 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Hitchin increased by 102 companies.
Half Year (Jan-Jun) Hitchin UK 2014 102 123,524 2013 120 114,240 Record Year 2012 (193) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Hitchin during the second quarter of 2014 (Apr 2014 - Jun 2014) was 54 companies.
second quarter (Apr 2014 - Jun 2014) Hitchin UK 2014 54 55,172 2013 71 57,352 Record Year 2011 (72) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in net growth in Hitchin when compared to any previous June.
Net Growth by Month
April May June Net growth in 2014 29 -16 41 Net growth in 2013 34 20 17 Record Year 2013 (34) 2007 (26) 2014 (41)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Hitchin formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Hitchin 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1997 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Hitchin formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Hitchin 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -24.3% -5.6% 38.6% Record Year 1995 (0.2%) 1994 (0.2%) 1997 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 45.1.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 45.1.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Hitchin was 2008 when 33.5% of all directors were female.
28.7% of all director appointments in Hitchin in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Hitchin was in 2009 when 35.6% of all directors were female.
29.6% of all director appointments in Hitchin in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.03% CONSULTING 5.16% CONSULTANCY 1.61% MANAGEMENT 4.64% MANAGEMENT 1.18% CONSULTANCY 3.50% ENTERPRISES 0.96% PROPERTY 2.66% TRADING 0.86% TRADING 2.03% RECYCLING 0.75% ENGINEERING 1.99% HIRE 0.75% CONSTRUCTION 1.93% PROPERTY 0.75% LONDON 1.93% BUILDING 0.75% CARE 1.85% INVESTMENTS 0.64% DESIGN 1.75% PROPERTIES 0.64% CONSULTANTS 1.73% B 0.64% BUSINESS 1.69% SKIP 0.64% PROPERTIES 1.63% CAPITAL 0.64% TRANSPORT 1.58% INTERNATIONAL 0.54% GLOBAL 1.55% DEVELOPMENT 0.54% INVESTMENTS 1.55% IT 0.54% J 1.51% DESIGN 0.54% ASSOCIATES 1.48% DIRECT 0.54% MEDIA 1.44% BUSINESS 0.54% ELECTRICAL 1.40% TRACK 0.43% IT 1.33% COMMUNICATIONS 0.43% DEVELOPMENTS 1.33% JAMES 0.43% BUILDING 1.26% INVESTMENT 0.43% M 1.24% ASSOCIATES 0.43% CO., 1.20%
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 360 261,557 70229 - Management consultancy activities other than financial management 94 40,250 74990 - Non-trading company 86 14,351 99999 - Dormant Company 58 48,436 82990 - Other business support service activities not elsewhere classified 45 57,421 74909 - Other professional, scientific and technical activities not elsewhere classified 37 19,058 62020 - Information technology consultancy activities 35 29,029 96090 - Other service activities not elsewhere classified 33 28,352 41100 - Development of building projects 16 10,527 62090 - Other information technology service activities 16 13,024 47910 - Retail sale via mail order houses or via Internet 14 9,900 86900 - Other human health activities 14 11,292 85590 - Other education not elsewhere classified 11 6,043 96020 - Hairdressing and other beauty treatment 10 6,631 90030 - Artistic creation 10 4,548 47990 - Other retail sale not in stores, stalls or markets 10 6,286 98000 - Residents property management 9 5,046 85600 - Educational support services 9 3,869 62012 - Business and domestic software development 9 9,834 43210 - Electrical installation 9 6,050
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE OC393005 ZOCO SHOP LLP 08 May 2014 09030635 TELMAH LIMITED 08 May 2014 09038210 CONTRACT PLANT SERVICES LIMITED 13 May 2014 09041888 BDW PROPERTY SERVICES LIMITED 15 May 2014 09043761 STRATA LOGISTICS LTD 16 May 2014 09045667 CODICOTE ELECTRICAL ASSOCIATES LIMITED 19 May 2014 09046976 RAINE AND CO. (CODICOTE) LTD 19 May 2014 09048231 OWN BOSS LTD 20 May 2014 09049273 MCKENZIE MILLS CONSTRUCTION LIMITED 21 May 2014 OC393274 PANGEA INVESTMENTS LLP 21 May 2014 09051309 TRUCKS, TRAILERS AND MACHINERY LIMITED 22 May 2014 09054702 DESIGN42 LTD 23 May 2014 OC393358 URSUS PROPERTIES LLP 27 May 2014 09058323 JS KUICK SERVICE LIMITED 27 May 2014 09058973 WONDERWWWEB LIMITED 28 May 2014 09062827 METCALF DIRECT LIMITED 30 May 2014 09063833 BUMBLEBERRY LTD 30 May 2014 09020895 RENNELL AND CO TRADING AS THE PUDDIN CLUB LTD 01 May 2014 09023956 ELSE COMMUNICATIONS LIMITED 06 May 2014 09027880 PROMOTIONAL PEOPLE LIMITED 07 May 2014 09037918 SCORPION PERFORMANCE LIMITED 13 May 2014 09041214 KUICK SERVICE LIMITED 15 May 2014 09051294 PR HEADS LTD 22 May 2014 09056873 NGUYEN-LE LIMITED 27 May 2014 09057217 ADEEN IT SOLUTIONS LIMITED 27 May 2014
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