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Letchworth Garden City, Hertfordshire

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Letchworth Garden City when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous second half year.
  • The second half of 2013 was a record second half year for company registrations in Letchworth Garden City when compared to any half year in history.
  • Q4 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous Q4.
  • Q4 2013 was a record quarter for company registrations in Letchworth Garden City when compared to any quarter in history.
  • December 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous December.
  • October 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous October.
  • October 2013 was a record month for company registrations in Letchworth Garden City when compared to any month in history.
  • 2013 was a record year for company closures in Letchworth Garden City when compared to any year in history.
  • The second half of 2013 saw a new record in company closures in Letchworth Garden City when compared to any previous second half year.
  • December 2013 saw a new record in net growth in Letchworth Garden City when compared to any previous December.
  • October 2013 saw a new record in net growth in Letchworth Garden City when compared to any previous October.
  • October 2013 was a record month for net growth in Letchworth Garden City when compared to any month in history.

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. Annual Data (2013)

    2013 was a record year for company registrations in Letchworth Garden City when compared to any year in history.

    A total of 252 companies were formed in Letchworth Garden City in 2013. This total is 26.0% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearLetchworth Garden CityUK
    2013252529,363
    2012200491,893
    2011181452,870
    2010176400,358
    2009173362,675
    Record Year2013 (252)2013 (529,363)
    New Companies by Year

  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous second half year.

    The second half of 2013 was a record second half year for company registrations in Letchworth Garden City when compared to any half year in history.

    In the second half of 2013 a total of 128 companies were formed in Letchworth Garden City. This figure is 33.3% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Letchworth Garden City occurred in 2013 when a total of 128 were formed.

    Half Year (Jul-Dec)Letchworth Garden CityUK
    2013128259,931
    201296238,743
    % change33.3%8.9%
    Record Year2013 (128)2013 (259,931)
    New Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous Q4.

    Q4 2013 was a record quarter for company registrations in Letchworth Garden City when compared to any quarter in history.

    A total of 81 companies were registered in Letchworth Garden City during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 97.6% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Letchworth Garden CityUK
    201381127,247
    201241119,875
    % change97.6%6.1%
    Record Year 2013 (81) 2013 (127,247)
    New Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous December.

    October 2013 saw a new record in company registrations in Letchworth Garden City when compared to any previous October.

    October 2013 was a record month for company registrations in Letchworth Garden City when compared to any month in history.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013351729
    New companies in 2012121415
    % change191.7%21.4%93.3%
    Record Year2013 (35)2003 (20)2013 (29)

Closed Companies (dissolved)

  1. Annual Data (2013)

    2013 was a record year for company closures in Letchworth Garden City when compared to any year in history.

    A total of 185 companies were dissolved in Letchworth Garden City in 2013. This total is 52.9% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearLetchworth Garden CityUK
    2013185332,213
    2012121293,729
    2011126314,524
    2010109342,233
    2009162533,789
    Record Year2013 (185)2009 (533,789)
    Dissolved Companies by Year

  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company closures in Letchworth Garden City when compared to any previous second half year.

    In the second half of 2013 a total of 82 companies were dissolved in Letchworth Garden City. This figure is 20.6% higher than last year, which compares well to the UK wide change of 21.3%.

    The highest total for a second half year in Letchworth Garden City occurred in 2013 when a total of 82 were closed.

    Half Year (Jul-Dec)Letchworth Garden CityUK
    201382177,021
    201268145,935
    % change20.6%21.3%
    Record Year2013 (82)2009 (244,544)
    Dissolved Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 36 companies were dissolved in Letchworth Garden City during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 9.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Letchworth Garden CityUK
    20133690,851
    20123370,027
    % change9.1%29.7%
    Record Year 2011 (42) 2013 (90,851)
    Dissolved Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013131013
    Closed companies in 201217115
    % change-23.5%-9.1%160%
    Record Year2012 (17)2011 (16)2011 (16)

Net Company Growth

  1. Annual Data (2013)

    A total of 67 companies were added to the company register for Letchworth Garden City in 2013. This number represents growth of 26.6% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 12 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Letchworth Garden City company register grew by 95 companies.

    YearLetchworth Garden CityUK
    201367197,150
    201279198,164
    201155138,346
    20106758,125
    200911-171,114
    Record Year2007 (95)2007 (237,353)
    Net Growth by Year

  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Letchworth Garden City increased by 46 companies.

    Half Year (Jul-Dec)Letchworth Garden CityUK
    20134682,910
    20122892,808
    Record Year2003 (52)2003 (117,772)
    Net Growth by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Letchworth Garden City during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 45 companies.

    fourth quarter (Oct 2013 - Dec 2013)Letchworth Garden CityUK
    20134536,396
    2012849,848
    Record Year 2013 (45) 2012 (49,848)
    Net Growth by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in net growth in Letchworth Garden City when compared to any previous December.

    October 2013 saw a new record in net growth in Letchworth Garden City when compared to any previous October.

    October 2013 was a record month for net growth in Letchworth Garden City when compared to any month in history.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201322716
    Net growth in 2012-5310
    Record Year2013 (22)2003 (16)2013 (16)

UK Company Share

  1. Annual Data (2013)

    In 2013 Letchworth Garden City formed 0.0% of all UK companies. This is no change on 2012 when Letchworth Garden City was responsible for 0.0% of all UK companies.

    YearLetchworth Garden City
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960)1991 (0.1%)
    Company Share by Year

  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Letchworth Garden City formed 0.0% of all UK companies. This is the same as the 2012 figure of 0.0%.

    Half Year (Jul-Dec)Letchworth Garden City
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Letchworth Garden City formed 0.1% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Letchworth Garden City
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    20090.1%
    Record Year (since 1960) 1994 (0.1%)
    Company Share by Quarter

  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.0%0.1%
    UK formation share in 20120.0%0.0%0.0%
    % change171.5%19.4%75.9%
    Record Year1986 (0.1%)1995 (0.1%)1990 (0.1%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 47.1.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.2%.

    Director Age by Year

  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 46.6.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.8%.

    Director Age by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 46.5.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Letchworth Garden City was 2000 when 36.1% of all directors were female.

    The percentage of female directors in Letchworth Garden City in 2013 was 27.5%. The average for the UK during this time was 26.0%

    Director Gender by Year

  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Letchworth Garden City was 2008 when 31.1% of all directors were female.

    28.7% of all director appointments in Letchworth Garden City in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Letchworth Garden City was in 2005 when 30.6% of all directors were female.

    24.1% of all director appointments in Letchworth Garden City in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    P1.23%CONSULTING5.22%
    CONSULTANCY1.23%MANAGEMENT4.72%
    LETCHWORTH1.23%CONSULTANCY3.45%
    MANAGEMENT1.23%PROPERTY2.59%
    C1.02%TRADING2.08%
    H1.02%ENGINEERING1.87%
    CONSULTING1.02%LONDON1.86%
    J0.82%DESIGN1.76%
    THREE0.82%CONSTRUCTION1.73%
    D0.82%CARE1.73%
    ASSOCIATES0.82%BUSINESS1.71%
    PROPERTIES0.82%CONSULTANTS1.68%
    BN0.82%GLOBAL1.58%
    SECURITY0.82%INVESTMENTS1.56%
    ADVANCED0.82%PROPERTIES1.54%
    CITY0.82%ASSOCIATES1.53%
    M0.82%J1.51%
    GARDEN0.82%MEDIA1.50%
    FLOORING0.61%IT1.35%
    BUSINESS0.61%DEVELOPMENTS1.23%
    GROUP0.61%M1.23%
    K0.61%BUILDING1.21%
    PARTNERSHIP0.61%ELECTRICAL1.20%
    ENTERPRISES0.61%CAPITAL1.19%
    DEVELOPMENTS0.61%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied103266,814
    70229 - Management consultancy activities other than financial management2236,164
    99999 - Dormant Company1746,762
    82990 - Other business support service activities not elsewhere classified1455,342
    74909 - Other professional, scientific and technical activities not elsewhere classified1318,034
    62020 - Information technology consultancy activities1127,183
    96090 - Other service activities not elsewhere classified1026,001
    62090 - Other information technology service activities912,511
    47910 - Retail sale via mail order houses or via Internet98,879
    62012 - Business and domestic software development69,360
    41202 - Construction of domestic buildings56,191
    68209 - Other letting and operating of own or leased real estate58,733
    56290 - Other food services53,837
    98000 - Residents property management54,710
    64999 - Financial intermediation not elsewhere classified55,309
    96020 - Hairdressing and other beauty treatment46,000
    56101 - Licensed restaurants47,685
    43210 - Electrical installation45,730
    74100 - specialised design activities44,309
    74990 - Non-trading company414,223

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08798477 STONELY PROPERTIES (UK) LIMITED 02 Dec 2013
    08800816 MEDIA SILICON TECHNOLOGIES LTD 03 Dec 2013
    08801390 RCA ELECTRICAL LTD 04 Dec 2013
    08805260 J P SHEEHAN LIMITED 06 Dec 2013
    08805268 PLUSMINUS CONSULTING LIMITED 06 Dec 2013
    08805275 P M WOODHALL LIMITED 06 Dec 2013
    08805280 D P HAILEY LIMITED 06 Dec 2013
    08805283 J I PRICE LIMITED 06 Dec 2013
    08805314 D H SMYTH LIMITED 06 Dec 2013
    08805366 P E MARSDEN LIMITED 06 Dec 2013
    08805396 S P HUTCHISON LIMITED 06 Dec 2013
    08805416 T R MARIS LIMITED 06 Dec 2013
    OC389726 W K H ASSOCIATES LLP 06 Dec 2013
    08805538 TARRY CLOSE RESIDENTS COMPANY LIMITED 06 Dec 2013
    08805573 IRIS CLOSE RESIDENTS COMPANY LIMITED 06 Dec 2013
    08807816 LGC DIB LIMITED 09 Dec 2013
    08807908 LOVE LETCHWORTH LIMITED 09 Dec 2013
    08810056 SAMAD TECHNOLOGIES LIMITED 11 Dec 2013
    08812652 OT COUNTRY ENTERPRISES LIMITED 12 Dec 2013
    08812931 THE IMC GROUP (INTERNATIONAL) LIMITED 12 Dec 2013
    08813540 I-GEAR DEVICES LIMITED 13 Dec 2013
    08817489 SHOCKLOG LIMITED 17 Dec 2013
    08822456 SHAPE PERSONAL TRAINING LIMITED 20 Dec 2013
    08823776 VELESNEX LTD 23 Dec 2013
    08826209 AERIAL IMAGES LIMITED 27 Dec 2013

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