Hitchin, Hertfordshire

Q3 2014 Business Confidence Report

Headlines

  • July 2014 saw a new record in company registrations in Hitchin when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    A total of 171 companies were registered in Hitchin during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 47.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HitchinUK
    2014171143,414
    2013116132,684
    % change47.4%8.1%
    Record Year 2012 (179) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company registrations in Hitchin when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014704952
    New companies in 2013422945
    % change66.7%69.0%15.6%
    Record Year2014 (70)2011 (52)2012 (64)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 113 companies were dissolved in Hitchin during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 54.8% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)HitchinUK
    2014113101,670
    20137386,170
    % change54.8%18.0%
    Record Year 2009 (134) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014332654
    Closed companies in 2013302221
    % change10.0%18.2%157%
    Record Year2002 (34)2008 (47)2009 (73)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Hitchin during the third quarter of 2014 (Jul 2014 - Sep 2014) was 58 companies.

    third quarter (Jul 2014 - Sep 2014)HitchinUK
    20145841,744
    20134346,514
    Record Year 2012 (116) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20143723-2
    Net growth in 201312724
    Record Year2012 (43)2012 (31)2012 (42)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Hitchin formed 0.1% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Hitchin
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change51.4%61.1%6.0%
    Record Year1993 (0.3%)1991 (0.3%)1965 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 45.7.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Hitchin was in 2007 when 32.8% of all directors were female.

    28.7% of all director appointments in Hitchin in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.03%CONSULTING5.17%
    MANAGEMENT1.64%MANAGEMENT4.63%
    CONSULTANCY1.55%CONSULTANCY3.55%
    TRADING0.97%PROPERTY2.62%
    PROPERTY0.87%ENGINEERING2.07%
    INVESTMENTS0.77%CONSTRUCTION2.05%
    RECYCLING0.68%TRADING2.00%
    ENTERPRISES0.68%LONDON1.95%
    HIRE0.68%CARE1.94%
    BUILDING0.68%TRANSPORT1.76%
    ASSOCIATES0.58%DESIGN1.70%
    IT0.58%CONSULTANTS1.70%
    SKIP0.58%PROPERTIES1.63%
    BUSINESS0.48%BUSINESS1.62%
    INVESTMENT0.48%J1.53%
    D0.48%ELECTRICAL1.53%
    CAPITAL0.48%GLOBAL1.51%
    DIRECT0.48%INVESTMENTS1.50%
    GLOBAL0.48%ASSOCIATES1.48%
    JAMES0.48%MEDIA1.38%
    SUPPORT0.48%CO.,1.36%
    ON0.39%DEVELOPMENTS1.35%
    BACK0.39%BUILDING1.30%
    J0.39%IT1.30%
    OIL0.39%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied367278,481
    70229 - Management consultancy activities other than financial management8940,717
    74990 - Non-trading company7814,006
    99999 - Dormant Company5848,286
    82990 - Other business support service activities not elsewhere classified4057,264
    74909 - Other professional, scientific and technical activities not elsewhere classified3618,890
    96090 - Other service activities not elsewhere classified3228,224
    62020 - Information technology consultancy activities3229,313
    62090 - Other information technology service activities1712,795
    86900 - Other human health activities1611,807
    47910 - Retail sale via mail order houses or via Internet149,914
    41100 - Development of building projects1410,604
    62012 - Business and domestic software development129,675
    47990 - Other retail sale not in stores, stalls or markets116,327
    49410 - Freight transport by road109,960
    43210 - Electrical installation105,922
    90030 - Artistic creation104,566
    85590 - Other education not elsewhere classified96,045
    68209 - Other letting and operating of own or leased real estate910,361
    96020 - Hairdressing and other beauty treatment96,630

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09200598 SOUTH HATFIELD ROYAL BRITISH LEGION SOCIAL CLUB LIMITED 02 Sep 2014
    09211857 GARY SCOTT RIGGING & DRIVING SERVICES LIMITED 10 Sep 2014
    09213081 HONOLULU INVESTMENTS LIMITED 10 Sep 2014
    09213754 TR CONTROLS LTD 11 Sep 2014
    09214701 CWF REFURBISHMENTS LIMITED 11 Sep 2014
    09217492 M O DOLLIMORE LIMITED 15 Sep 2014
    09220287 XCEPTIONAL CARE LTD 16 Sep 2014
    09220450 BEACON DIGITAL MEDIA LIMITED 16 Sep 2014
    09221594 ANDY BARKER COACHING LTD 17 Sep 2014
    09222719 CHOICE IT SOLUTIONS LIMITED 17 Sep 2014
    09227168 CHEFS TABLE BY STEVEN SAUNDERS LIMITED 19 Sep 2014
    09240019 RACING SNAKE CONTRACTORS LIMITED 29 Sep 2014
    09242555 SIEX UK LIMITED 30 Sep 2014
    09202344 BAFFLE & ZANDER LTD 03 Sep 2014
    09202834 JG SERVICES HERTS LTD 04 Sep 2014
    09204644 TOTTENHAM TIMBER LIMITED 05 Sep 2014
    09207528 D HOWARD WORLD LIMITED 08 Sep 2014
    09209788 CAMPION PROJECT MANAGEMENT AND CONSULTANCY LIMITED 09 Sep 2014
    09209909 CAT-AVIATION LIMITED 09 Sep 2014
    09212869 MORUS FINANCIAL ADVICE LIMITED 10 Sep 2014
    09219593 ESSBEE CONSULTING LIMITED 16 Sep 2014
    09225919 INOVOTATE LIMITED 19 Sep 2014
    09238665 LAW BRAND LIMITED 29 Sep 2014
    09239788 ENHANCE AND INSPIRE LIMITED 29 Sep 2014
    09241237 HERTS INDEPENDENT SOCIAL SUPPORT LIMITED 30 Sep 2014