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
New Company Registrations
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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) Hitchin UK 2014 171 143,414 2013 116 132,684 % change 47.4% 8.1% Record Year 2012 (179) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 70 49 52 New companies in 2013 42 29 45 % change 66.7% 69.0% 15.6% Record Year 2014 (70) 2011 (52) 2012 (64)
Closed Companies (dissolved)
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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) Hitchin UK 2014 113 101,670 2013 73 86,170 % change 54.8% 18.0% Record Year 2009 (134) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
July August September Closed companies in 2014 33 26 54 Closed companies in 2013 30 22 21 % change 10.0% 18.2% 157% Record Year 2002 (34) 2008 (47) 2009 (73)
Net Company Growth
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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) Hitchin UK 2014 58 41,744 2013 43 46,514 Record Year 2012 (116) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 37 23 -2 Net growth in 2013 12 7 24 Record Year 2012 (43) 2012 (31) 2012 (42)
UK Company Share
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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 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.1% 2010 0.1% Record Year (since 1960) 1993 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 51.4% 61.1% 6.0% Record Year 1993 (0.3%) 1991 (0.3%) 1965 (0.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 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 5.17% MANAGEMENT 1.64% MANAGEMENT 4.63% CONSULTANCY 1.55% CONSULTANCY 3.55% TRADING 0.97% PROPERTY 2.62% PROPERTY 0.87% ENGINEERING 2.07% INVESTMENTS 0.77% CONSTRUCTION 2.05% RECYCLING 0.68% TRADING 2.00% ENTERPRISES 0.68% LONDON 1.95% HIRE 0.68% CARE 1.94% BUILDING 0.68% TRANSPORT 1.76% ASSOCIATES 0.58% DESIGN 1.70% IT 0.58% CONSULTANTS 1.70% SKIP 0.58% PROPERTIES 1.63% BUSINESS 0.48% BUSINESS 1.62% INVESTMENT 0.48% J 1.53% D 0.48% ELECTRICAL 1.53% CAPITAL 0.48% GLOBAL 1.51% DIRECT 0.48% INVESTMENTS 1.50% GLOBAL 0.48% ASSOCIATES 1.48% JAMES 0.48% MEDIA 1.38% SUPPORT 0.48% CO., 1.36% ON 0.39% DEVELOPMENTS 1.35% BACK 0.39% BUILDING 1.30% J 0.39% IT 1.30% OIL 0.39% M 1.23%
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 367 278,481 70229 - Management consultancy activities other than financial management 89 40,717 74990 - Non-trading company 78 14,006 99999 - Dormant Company 58 48,286 82990 - Other business support service activities not elsewhere classified 40 57,264 74909 - Other professional, scientific and technical activities not elsewhere classified 36 18,890 96090 - Other service activities not elsewhere classified 32 28,224 62020 - Information technology consultancy activities 32 29,313 62090 - Other information technology service activities 17 12,795 86900 - Other human health activities 16 11,807 47910 - Retail sale via mail order houses or via Internet 14 9,914 41100 - Development of building projects 14 10,604 62012 - Business and domestic software development 12 9,675 47990 - Other retail sale not in stores, stalls or markets 11 6,327 49410 - Freight transport by road 10 9,960 43210 - Electrical installation 10 5,922 90030 - Artistic creation 10 4,566 85590 - Other education not elsewhere classified 9 6,045 68209 - Other letting and operating of own or leased real estate 9 10,361 96020 - Hairdressing and other beauty treatment 9 6,630
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09158749 APOLLONI TAX AND LEGAL ADVICE LTD 04 Aug 2014 OC394597 CRESSWELL TECHNOLOGY LLP 04 Aug 2014 09171828 FEEL GOOD WOOD LIMITED 12 Aug 2014 09173447 PAUL SMITH INTERIM MANANAGEMENT.CO LTD 13 Aug 2014 09173653 HGE LIMITED 13 Aug 2014 09173683 PROGNOSTORE LIMITED 13 Aug 2014 09175619 JUDE BROOKS LIMITED 14 Aug 2014 09181983 BELONG CONSULTING LIMITED 19 Aug 2014 OC394898 TALBOR TRADING BUSINESS LLP 21 Aug 2014 OC394900 ARKAPITAL LLP 21 Aug 2014 09185840 JML GRAPHICS LTD 21 Aug 2014 09193916 READIT2 LIMITED 29 Aug 2014 09195645 GMC INC LTD 30 Aug 2014 09160213 TAYLORS ROAD PLANT SALES LTD 04 Aug 2014 09163619 R RICKARD & ASSOCIATES LTD 06 Aug 2014 09166290 HAMMACOTT SERVICES LIMITED 07 Aug 2014 09169189 MSC SOLUTIONS LIMITED 11 Aug 2014 09172080 GRAEME SCOTT SCAFFOLDING LTD 12 Aug 2014 09173948 VAN ZYL HOSPITALITY LIMITED 13 Aug 2014 09175563 EMP TRANSPORT LIMITED 14 Aug 2014 09175991 UMLAUT FOODS LTD 14 Aug 2014 09176234 GREEN GAUGE CONSULTING LIMITED 14 Aug 2014 09177165 RETAIL BOOM LTD 15 Aug 2014 09181030 MG CHANGE AND PROGRAMME MANAGEMENT LTD 19 Aug 2014 09181738 ALPHA HIGHWAY CONSULTANTS LIMITED 19 Aug 2014
reports
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