Hoddesdon, Hertfordshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Hoddesdon when compared to any year in history.
- December 2014 saw a new record in company registrations in Hoddesdon when compared to any previous December.
- The second half of 2014 saw a new record in company closures in Hoddesdon when compared to any previous second half year.
- December 2014 saw a new record in company closures in Hoddesdon when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Hoddesdon when compared to any year in history.
A total of 291 companies were formed in Hoddesdon in 2014. This total is 20.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Hoddesdon UK 2014 291 582,051 2013 241 529,363 2012 234 491,893 2011 210 452,870 2010 190 400,358 Record Year 2014 (291) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 122 companies were formed in Hoddesdon. This figure is 3.2% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Hoddesdon occurred in 2003 when a total of 137 were formed.
Half Year (Jul-Dec) Hoddesdon UK 2014 122 281,320 2013 126 259,931 % change -3.2% 8.2% Record Year 2003 (137) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 64 companies were registered in Hoddesdon during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 6.7% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hoddesdon UK 2014 64 137,906 2013 60 127,247 % change 6.7% 8.4% Record Year 2014 (64) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Hoddesdon when compared to any previous December.
New Companies by Month
October November December New companies in 2014 22 19 23 New companies in 2013 29 17 14 % change -24.1% 11.8% 64.3% Record Year 2004 (31) 2003 (30) 2014 (23)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 162 companies were dissolved in Hoddesdon in 2014. This total is 17.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Hoddesdon UK 2014 162 367,937 2013 138 332,213 2012 110 293,729 2011 154 314,524 2010 140 342,233 Record Year 2009 (200) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Hoddesdon when compared to any previous second half year.
In the second half of 2014 a total of 93 companies were dissolved in Hoddesdon. This figure is 45.3% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Hoddesdon occurred in 2014 when a total of 93 were closed.
Half Year (Jul-Dec) Hoddesdon UK 2014 93 190,730 2013 64 177,021 % change 45.3% 7.7% Record Year 2014 (93) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 39 companies were dissolved in Hoddesdon during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 4.9% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Hoddesdon UK 2014 39 89,060 2013 41 90,851 % change -4.9% -2.0% Record Year 2013 (41) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Hoddesdon when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 11 12 16 Closed companies in 2013 15 17 9 % change -26.7% -29.4% 78% Record Year 2006 (15) 2009 (18) 2014 (16)
Net Company Growth
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Annual Data (2014)
A total of 129 companies were added to the company register for Hoddesdon in 2014. This number represents growth of 44.3% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 26 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Hoddesdon company register grew by 201 companies.
Year Hoddesdon UK 2014 129 214,114 2013 103 197,150 2012 124 198,164 2011 56 138,346 2010 50 58,125 Record Year 2005 (201) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Hoddesdon increased by 29 companies.
Half Year (Jul-Dec) Hoddesdon UK 2014 29 90,590 2013 62 82,910 Record Year 2004 (104) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Hoddesdon during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 25 companies.
fourth quarter (Oct 2014 - Dec 2014) Hoddesdon UK 2014 25 48,846 2013 19 36,396 Record Year 2005 (39) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 11 7 7 Net growth in 2013 14 0 5 Record Year 2004 (25) 2003 (24) 2003 (11)
UK Company Share
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Annual Data (2014)
In 2014 Hoddesdon formed 0.1% of all UK companies. This is an improvement on 2013 when Hoddesdon was responsible for 0.0% of all UK companies.
Year Hoddesdon 2014 0.1% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1991 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Hoddesdon formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Hoddesdon 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1991 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Hoddesdon formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Hoddesdon 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1990 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.0% 0.0% 0.1% UK formation share in 2013 0.1% 0.0% 0.0% % change -27.9% 6.1% 40.5% Record Year 2004 (0.1%) 1990 (0.1%) 1994 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.6.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.7.
The percentage of directors under the age of 25 was 4.9% 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.7.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Hoddesdon was 1994 when 39.2% of all directors were female.
The percentage of female directors in Hoddesdon in 2014 was 26.9%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Hoddesdon was 2010 when 36.0% of all directors were female.
26.8% of all director appointments in Hoddesdon in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Hoddesdon was in 2006 when 39.3% of all directors were female.
26.7% of all director appointments in Hoddesdon in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 4.66% CONSULTING 5.22% HOWARD-CLARK 1.38% MANAGEMENT 4.58% CONSULTING 1.21% CONSULTANCY 3.57% ELECTRICAL 1.04% PROPERTY 2.66% ESTATE 1.04% CONSTRUCTION 2.12% MR 1.04% ENGINEERING 2.10% HERITAGE 1.04% CARE 2.02% HODDESDON 0.86% TRADING 1.94% REGAL 0.86% LONDON 1.93% IT 0.86% TRANSPORT 1.93% DEVELOPMENTS 0.86% DESIGN 1.66% C 0.69% CONSULTANTS 1.64% CONTRACTORS 0.69% ELECTRICAL 1.62% LONDON 0.69% PROPERTIES 1.62% TRADING 0.69% BUSINESS 1.56% TRENT 0.69% J 1.54% TRANSPORT 0.69% CO., 1.50% BUILDING 0.69% GLOBAL 1.49% CONSULTANCY 0.69% INVESTMENTS 1.48% ACCOUNT 0.52% ASSOCIATES 1.47% PERSONAL 0.52% DEVELOPMENTS 1.35% HOUSE 0.52% MEDIA 1.33% INCOME 0.52% IT 1.31% COMMERCIAL 0.52% BUILDING 1.29% M 0.52% M 1.22%
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 107 265,608 98000 - Residents property management 34 5,255 99999 - Dormant Company 20 48,509 82990 - Other business support service activities not elsewhere classified 19 58,068 49410 - Freight transport by road 15 10,842 70229 - Management consultancy activities other than financial management 10 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 10 19,049 74990 - Non-trading company 8 13,984 68209 - Other letting and operating of own or leased real estate 8 11,212 45200 - Maintenance and repair of motor vehicles 8 5,425 41100 - Development of building projects 8 11,397 41202 - Construction of domestic buildings 7 7,559 43390 - Other building completion and finishing 7 5,931 62020 - Information technology consultancy activities 6 30,178 64999 - Financial intermediation not elsewhere classified 6 6,083 96090 - Other service activities not elsewhere classified 6 29,009 56102 - Unlicensed restaurants and cafes 6 4,745 71129 - Other engineering activities 5 6,132 01130 - Growing of vegetables and melons, roots and tubers 5 145 74100 - specialised design activities 5 4,841
Recent Companies
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Randomly selected companies from this quarter
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