Potters Bar, Hertfordshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Potters Bar when compared to any previous February.
  • January 2010 saw a new record in company closures in Potters Bar when compared to any previous January.

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 (Q1 Jan-Mar 2010)

    A total of 131 companies were registered in Potters Bar during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 15.5% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)Potters BarUK
    2010131105,137
    200915591,034
    % change-15.5%15.5%
    Record Year 2008 (234) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010393854
    New companies in 2009424766
    % change-7.1%-19.1%-18.2%
    Record Year2008 (67)2008 (72)2008 (95)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 158 companies were dissolved in Potters Bar during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 4.8% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)Potters BarUK
    201015882,677
    2009166108,060
    % change-4.8%-23.5%
    Record Year 2009 (166) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Potters Bar when compared to any previous February.

    January 2010 saw a new record in company closures in Potters Bar when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010474962
    Closed companies in 20091248106
    % change291.7%2.1%-42%
    Record Year2010 (47)2010 (49)2009 (106)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Potters Bar during the first quarter of 2010 (Jan 2010 - Mar 2010) was -27 companies.

    first quarter (Jan 2010 - Mar 2010)Potters BarUK
    2010-2722,460
    2009-11-17,026
    Record Year 2008 (175) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-8-11-8
    Net growth in 200930-1-40
    Record Year2008 (42)2007 (43)2008 (94)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Potters Bar formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Potters Bar
    20100.1%
    20090.2%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.2%0.2%0.2%
    % change-13.8%-30.8%-32.0%
    Record Year1969 (0.4%)1960 (0.4%)2008 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 46.2.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Potters Bar was in 1861 when 40.0% of all directors were female.

    16.7% of all director appointments in Potters Bar in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTANCY9.78%MANAGEMENT5.01%
    CONSULTING3.56%CONSULTING4.60%
    IT1.56%CONSULTANCY2.87%
    MANAGEMENT1.44%PROPERTY2.50%
    CONSULTANTS1.11%ASSOCIATES2.04%
    ENGINEERING1.00%TRADING1.93%
    PROPERTY1.00%DESIGN1.91%
    C1.00%CONSTRUCTION1.87%
    CARE0.89%MEDIA1.84%
    PROJECT0.78%BUSINESS1.74%
    J0.78%INTERNATIONAL1.73%
    D0.67%CONSULTANTS1.63%
    K0.67%ENGINEERING1.54%
    S0.67%J1.48%
    BEHEER0.67%LONDON1.45%
    M0.56%INVESTMENTS1.45%
    G0.56%GROUP1.37%
    MEDIA0.56%GLOBAL1.35%
    (LONDON)0.56%PROPERTIES1.35%
    B0.56%BUILDING1.34%
    CARS0.56%CARE1.33%
    INVESTMENTS0.56%ELECTRICAL1.30%
    TRADING0.56%M1.28%
    BLUE0.44%SYSTEMS1.25%
    VENTRY0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied821228,645
    7487 - Other business activities23374,904
    7260 - Other computer related activities9310,331
    7499 - Non-trading company2915,398
    7414 - Business & management consultancy2517,003
    7222 - Other software consultancy and supply249,659
    82990 - Other business support service activities not elsewhere classified2326,974
    7412 - Accounting, auditing; tax consult212,818
    8532 - Social work without accommodation181,133
    7420 - Architectural, technical consult162,843
    6523 - Other financial intermediation122,689
    8514 - Other human health activities112,640
    70229 - Management consultancy activities other than financial management1014,007
    9999 - Dormant Company1019,948
    9305 - Other service activities99,038
    96090 - Other service activities not elsewhere classified98,154
    41100 - Development of building projects84,513
    68209 - Other letting and operating of own or leased real estate74,131
    62020 - Information technology consultancy activities79,943
    6340 - Other transport agencies7275

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07139539 ICAROS TECHNOLOGIES LTD 28 Jan 2010
    07139517 LEVANDAR LIMITED 28 Jan 2010
    07138204 SKYNET SECURITY LIMITED 27 Jan 2010
    07138184 MANNING TRAINING AND DEVELOPMENT LIMITED 27 Jan 2010
    07138154 SAGGAS 45 CONSULTANCY LIMITED 27 Jan 2010
    07136055 EUROCONSULTANCY (RE) LIMITED 26 Jan 2010
    07135844 MIX-IT TRADING LIMITED 26 Jan 2010
    07135796 NEXTINCT LIMITED 26 Jan 2010
    07135501 BESATECH CONSULTANCY LIMITED 26 Jan 2010
    07133641 BIG C CONSULTANCY LIMITED 22 Jan 2010
    07131127 FUTURE FIN LIMITED 20 Jan 2010
    07129936 JAK PERSONNEL LIMITED 19 Jan 2010
    07129633 KTS KELLY LIMITED 19 Jan 2010
    07129525 SANZ ENGINEERING LIMITED 19 Jan 2010
    07126355 AXIOS ENERGY LIMITED 15 Jan 2010
    07125339 DC ARHIN LTD 14 Jan 2010
    07124838 TZANAKI CONSULTANCY LIMITED 13 Jan 2010
    07123931 MIR PACKAGING LTD 13 Jan 2010
    07123286 RC FINANCIAL SERVICES LIMITED 12 Jan 2010
    07123269 GLOB MARKETING LTD 12 Jan 2010
    07123136 NIALL MEDIA LIMITED 12 Jan 2010
    07123134 POINT783 LIMITED 12 Jan 2010
    07122283 TCUBE UK LIMITED 12 Jan 2010
    07121005 MERLIN RENOVATORS LIMITED 09 Jan 2010
    07119614 BENELUX BEHEER LIMITED 08 Jan 2010