Letchworth Garden City, Hertfordshire
2010 Annual Business Confidence Report
Contents
New Company Registrations
-
Annual Data (2010)
A total of 176 companies were formed in Letchworth Garden City in 2010. This total is 1.7% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Letchworth Garden City UK 2010 176 400,358 2009 173 362,675 2008 164 349,203 2007 186 457,649 2006 149 405,440 Record Year 2003 (196) 2007 (457,649) New Companies by Year
-
Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 86 companies were formed in Letchworth Garden City. This figure is 2.3% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Letchworth Garden City occurred in 2003 when a total of 97 were formed.
Half Year (Jul-Dec) Letchworth Garden City UK 2010 86 196,609 2009 88 180,654 % change -2.3% 8.8% Record Year 2003 (97) 2003 (201,446) New Companies by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
A total of 40 companies were registered in Letchworth Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 16.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Letchworth Garden City UK 2010 40 95,117 2009 48 85,983 % change -16.7% 10.6% Record Year 2003 (53) 2010 (95,117) New Companies by Quarter
-
Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 13 15 12 New companies in 2009 15 16 17 % change -13.3% -6.3% -29.4% Record Year 2002 (23) 2003 (20) 2009 (17)
Closed Companies (dissolved)
-
Annual Data (2010)
A total of 109 companies were dissolved in Letchworth Garden City in 2010. This total is 32.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Letchworth Garden City UK 2010 109 342,232 2009 162 533,773 2008 97 237,901 2007 91 220,295 2006 86 200,166 Record Year 2009 (162) 2009 (533,773) Dissolved Companies by Year
-
Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 50 companies were dissolved in Letchworth Garden City. This figure is 15.3% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Letchworth Garden City occurred in 2005 when a total of 62 were closed.
Half Year (Jul-Dec) Letchworth Garden City UK 2010 50 164,601 2009 59 244,537 % change -15.3% -32.7% Record Year 2005 (62) 2009 (244,537) Dissolved Companies by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
A total of 20 companies were dissolved in Letchworth Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 23.1% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Letchworth Garden City UK 2010 20 76,896 2009 26 85,136 % change -23.1% -9.7% Record Year 2005 (31) 2009 (85,136) Dissolved Companies by Quarter
-
Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 8 8 4 Closed companies in 2009 10 5 11 % change -20.0% 60.0% -64% Record Year 2007 (11) 2005 (16) 2009 (11)
Net Company Growth
-
Annual Data (2010)
A total of 67 companies were added to the company register for Letchworth Garden City in 2010. This number represents growth of 38.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 56 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Letchworth Garden City company register grew by 109 companies.
Year Letchworth Garden City UK 2010 67 58,126 2009 11 -171,098 2008 67 111,302 2007 95 237,354 2006 63 205,274 Record Year 2003 (109) 2003 (242,543) Net Growth by Year
-
Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Letchworth Garden City increased by 36 companies.
Half Year (Jul-Dec) Letchworth Garden City UK 2010 36 32,008 2009 29 -63,883 Record Year 2003 (52) 2003 (117,772) Net Growth by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Letchworth Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 20 companies.
fourth quarter (Oct 2010 - Dec 2010) Letchworth Garden City UK 2010 20 18,221 2009 22 847 Record Year 2003 (34) 2003 (57,175) Net Growth by Quarter
-
Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 5 7 8 Net growth in 2009 5 11 6 Record Year 2002 (14) 2003 (16) 2006 (12)
UK Company Share
-
Annual Data (2010)
In 2010 Letchworth Garden City formed 0.0% of all UK companies. This is no change on 2009 when Letchworth Garden City was responsible for 0.0% of all UK companies.
Year Letchworth Garden City 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1966 (0.2%) Company Share by Year
-
Half Year Data (Jul-Dec 2010)
In the second half of 2010 Letchworth Garden City formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Letchworth Garden City 2010 0.0% 2009 0.0% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1966 (0.2%) Company Share by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Letchworth Garden City formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Letchworth Garden City 2010 0.0% 2009 0.1% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1981 (0.2%) Company Share by Quarter
-
Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.0% 0.0% UK formation share in 2009 0.1% 0.1% 0.1% % change -24.2% -16.1% -32.8% Record Year 1981 (0.3%) 1968 (0.2%) 1981 (0.2%)
Director Age
-
Annual Data (2010)
The average age of a director in 2010 was 46.9.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.5%.
Director Age by Year
-
Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 46.9.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.4%.
Director Age by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 47.4.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
-
Annual Data (2010)
The record year for female directors in Letchworth Garden City was 1857 when 36.4% of all directors were female.
The percentage of female directors in Letchworth Garden City in 2010 was 28.3%. The average for the UK during this time was 26.2%
Director Gender by Year
-
Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Letchworth Garden City was 1860 when 42.9% of all directors were female.
25.7% of all director appointments in Letchworth Garden City in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
-
Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Letchworth Garden City was in 1977 when 31.1% of all directors were female.
19.8% of all director appointments in Letchworth Garden City in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
-
Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.06% CONSULTING 5.06% CONSULTANCY 2.06% MANAGEMENT 5.01% HERTS 1.18% CONSULTANCY 3.14% DISTRIBUTION 1.18% PROPERTY 2.36% CENTRE 1.18% TRADING 2.11% CONSULTING 1.18% ASSOCIATES 1.95% M 0.88% DESIGN 1.92% TRAINING 0.88% BUSINESS 1.82% SYSTEMS 0.88% CONSTRUCTION 1.82% ENTERPRISES 0.88% CONSULTANTS 1.76% BUSINESS 0.88% MEDIA 1.71% GROUP 0.88% ENGINEERING 1.62% LETCHWORTH 0.88% LONDON 1.60% PROPERTY 0.88% CARE 1.45% HR 0.59% INVESTMENTS 1.44% CLINIC 0.59% GLOBAL 1.43% MOVING 0.59% J 1.42% WESSEX 0.59% IT 1.41% ELECTRICAL 0.59% PROPERTIES 1.34% SAFETY 0.59% INTERNATIONAL 1.34% COURT 0.59% BUILDING 1.34% LAND 0.59% M 1.30% HEATING 0.59% ELECTRICAL 1.25% STUDIOS 0.59% SYSTEMS 1.24% RESTAURANT 0.59% S 1.23%
SIC Data
-
Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 57 199,572 7487 - Other business activities 19 63,348 98000 - Residents property management 13 3,235 7414 - Business & management consultancy 12 13,474 82990 - Other business support service activities not elsewhere classified 11 27,550 70229 - Management consultancy activities other than financial management 9 14,505 7260 - Other computer related activities 9 8,089 62020 - Information technology consultancy activities 7 9,177 9999 - Dormant Company 7 20,144 99999 - Dormant Company 6 16,285 62090 - Other information technology service activities 5 6,330 6523 - Other financial intermediation 5 2,178 7499 - Non-trading company 5 12,000 74990 - Non-trading company 5 8,243 41100 - Development of building projects 4 3,765 9800 - Residents Property Management 4 1,563 74100 - specialised design activities 4 1,257 62012 - Business and domestic software development 3 2,858 73110 - Advertising agencies 3 1,451 68209 - Other letting and operating of own or leased real estate 3 3,755
Recent Companies
-
Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07479545 POIRET SERVICES LIMITED 29 Dec 2010 07473470 SEVEN TREBLE ONE LTD 20 Dec 2010 07470291 PHILLIPS ELECTRICAL DOMESTIC LTD 15 Dec 2010 07467368 DIRECT APPLICATIONS LIMITED 13 Dec 2010 07466764 PILGRIM CONSULTANCY LIMITED 10 Dec 2010 07465184 RAJANBHAWANI ASSOCIATES LTD 09 Dec 2010 07463323 JP MITCHELL CONSULTING LIMITED 08 Dec 2010 07462465 HEATING SYSTEMS DIRECT LTD 07 Dec 2010 07458135 ENDTOEND CONSULTANCY LTD 02 Dec 2010 07457638 HPB ONLINE LTD 02 Dec 2010 OC359973 HR SERVICE CENTRE LLP 01 Dec 2010 OC360134 ASSETFIRST PORTFOLIOS LLP 08 Dec 2010