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
    09109650 VALLEY 1968 LIMITED 01 Jul 2014
    09111346 DR MED LTD 01 Jul 2014
    09113418 ROWAN JAMES LTD 02 Jul 2014
    09128513 UTTERLY GUTTERLY CLEANING SOLUTIONS LTD 14 Jul 2014
    09130666 LONE PINE SOFTWARE LTD 15 Jul 2014
    09131277 ADAM NICHOLS LIMITED 15 Jul 2014
    09134769 P4 ROCK MANAGEMENT LIMITED 17 Jul 2014
    09137123 STREAMION LIMITED 18 Jul 2014
    OC394393 OVANO LLP 21 Jul 2014
    OC394427 PHAETHON TRADE INC LLP 23 Jul 2014
    09144331 SJS CARPENTRY SOLUTIONS LTD 23 Jul 2014
    09149443 GLOBAL POLICING SOLUTIONS LIMITED 28 Jul 2014
    09151592 DRI MIST FOOD SYSTEMS LIMITED 29 Jul 2014
    OC394503 SAILLOCK LLP 29 Jul 2014
    OC394507 NULI CORPORATION LLP 29 Jul 2014
    09153245 CISMI LTD 30 Jul 2014
    09154590 GUILDFORD OPCO LIMITED 30 Jul 2014
    09113533 VERNON DENTAL LIMITED 02 Jul 2014
    09129004 JELMEDIA LTD 14 Jul 2014
    09133933 WELLINGHAM BARLOW LTD 16 Jul 2014
    09140529 ACT3 CONSORTIUM 21 Jul 2014
    09142406 HITCHIN RUGBY LIMITED 22 Jul 2014
    09142615 LARENTIA LAND LIMITED 22 Jul 2014
    09147114 MALCOLM HIRST LTD 24 Jul 2014
    09147429 GERRARD AND CO LIMITED 25 Jul 2014