Potters Bar, Hertfordshire

2010 Annual Business Confidence Report

Headlines

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

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 (2010)

    A total of 395 companies were formed in Potters Bar in 2010. This total is 32.4% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearPotters BarUK
    2010395400,358
    2009584362,675
    2008706349,203
    2007981457,649
    2006587405,440
    Record Year2007 (981)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 156 companies were formed in Potters Bar. This figure is 43.9% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Potters Bar occurred in 2007 when a total of 446 were formed.

    Half Year (Jul-Dec)Potters BarUK
    2010156196,609
    2009278180,654
    % change-43.9%8.8%
    Record Year2007 (446)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 82 companies were registered in Potters Bar during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 48.4% 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)Potters BarUK
    20108295,117
    200915985,983
    % change-48.4%10.6%
    Record Year 2007 (194) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010262927
    New companies in 2009615048
    % change-57.4%-42.0%-43.8%
    Record Year2007 (84)2007 (62)2004 (50)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 707 companies were dissolved in Potters Bar in 2010. This total is 36.8% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearPotters BarUK
    2010707342,232
    20091,119533,773
    2008565237,901
    2007282220,295
    2006252200,166
    Record Year2009 (1,119)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 344 companies were dissolved in Potters Bar. This figure is 40.0% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Potters Bar occurred in 2009 when a total of 573 were closed.

    Half Year (Jul-Dec)Potters BarUK
    2010344164,601
    2009573244,537
    % change-40.0%-32.7%
    Record Year2009 (573)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 189 companies were dissolved in Potters Bar during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 15.6% 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)Potters BarUK
    201018976,896
    200922485,136
    % change-15.6%-9.7%
    Record Year 2009 (224) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010647550
    Closed companies in 2009608282
    % change6.7%-8.5%-39%
    Record Year2010 (64)2009 (82)2009 (82)

Net Company Growth

  1. Annual Data (2010)

    A total of -312 companies were removed to the company register for Potters Bar in 2010. This number represents decline of 53.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 223 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Potters Bar company register grew by 699 companies.

    YearPotters BarUK
    2010-31258,126
    2009-535-171,098
    2008141111,302
    2007699237,354
    2006335205,274
    Record Year2007 (699)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Potters Bar decreased by 188 companies.

    Half Year (Jul-Dec)Potters BarUK
    2010-18832,008
    2009-295-63,883
    Record Year2007 (265)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Potters Bar during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -107 companies.

    fourth quarter (Oct 2010 - Dec 2010)Potters BarUK
    2010-10718,221
    2009-65847
    Record Year 2007 (124) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-38-46-23
    Net growth in 20091-32-34
    Record Year2007 (54)2004 (40)2004 (43)

UK Company Share

  1. Annual Data (2010)

    In 2010 Potters Bar formed 0.1% of all UK companies. This is a decline on 2009 when Potters Bar was responsible for 0.2% of all UK companies.

    YearPotters Bar
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960)2007 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Potters Bar formed 0.1% of all UK companies. This is less than the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Potters Bar
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Potters Bar
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.2%0.2%0.2%
    % change-62.7%-48.2%-46.5%
    Record Year1993 (0.3%)1961 (0.7%)1965 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.6.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 46.1.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 8.1% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.6.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 7.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Potters Bar was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Potters Bar in 2010 was 28.7%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Potters Bar was 1860 when 42.9% of all directors were female.

    18.9% of all director appointments in Potters Bar 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
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Potters Bar was in 1977 when 31.1% of all directors were female.

    20.0% of all director appointments in Potters Bar 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY4.56%CONSULTING5.06%
    CONSULTING1.47%MANAGEMENT5.01%
    IT1.32%CONSULTANCY3.14%
    PLUMBING1.03%PROPERTY2.36%
    TRADING0.88%TRADING2.11%
    MANAGEMENT0.88%ASSOCIATES1.95%
    HEATING0.88%DESIGN1.92%
    BEHEER0.74%BUSINESS1.82%
    CONSULTANTS0.74%CONSTRUCTION1.82%
    VENICE0.59%CONSULTANTS1.76%
    TECHNOLOGY0.59%MEDIA1.71%
    INVESTMENTS0.59%ENGINEERING1.62%
    CO0.59%LONDON1.60%
    ASSOCIATES0.59%CARE1.45%
    SIMPLY0.59%INVESTMENTS1.44%
    PROPERTY0.59%GLOBAL1.43%
    PROPERTIES0.59%J1.42%
    FOR0.59%IT1.41%
    JOY0.44%PROPERTIES1.34%
    HANDELSONDERNEMING0.44%INTERNATIONAL1.34%
    C0.44%BUILDING1.34%
    VON0.44%M1.30%
    TIFFIN0.44%ELECTRICAL1.25%
    SECURITY0.44%SYSTEMS1.24%
    LANDMARK0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied621199,572
    7487 - Other business activities16263,348
    7260 - Other computer related activities658,089
    82990 - Other business support service activities not elsewhere classified2627,550
    7420 - Architectural, technical consult201,848
    7412 - Accounting, auditing; tax consult202,391
    8532 - Social work without accommodation151,072
    7414 - Business & management consultancy1413,474
    7222 - Other software consultancy and supply127,298
    99999 - Dormant Company1116,285
    86900 - Other human health activities103,700
    7499 - Non-trading company1012,000
    96090 - Other service activities not elsewhere classified98,799
    9999 - Dormant Company920,144
    74990 - Non-trading company98,243
    70229 - Management consultancy activities other than financial management814,505
    68209 - Other letting and operating of own or leased real estate83,755
    62090 - Other information technology service activities86,330
    45200 - Maintenance and repair of motor vehicles62,061
    62020 - Information technology consultancy activities69,177

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07479893 NEWSLINE LIMITED 30 Dec 2010
    07479887 FLEXINVEST UNLIMITED 30 Dec 2010
    07479518 NEW PARKING COMPANY (UK) LIMITED 29 Dec 2010
    07477578 VON BRISEVAL, VON JECKEL DES BORGNES BEHEER LTD 23 Dec 2010
    07477442 BIGGENIUS LIMITED 23 Dec 2010
    07476434 1 BUG LIMITED 22 Dec 2010
    07476304 CUFFLEY PROJECT MANAGEMENT LIMITED 22 Dec 2010
    07475571 ORENVILLE LIMITED 21 Dec 2010
    07473790 HEALTH QUALITY MANAGEMENT SOLUTIONS LTD 20 Dec 2010
    07473442 HALLGROVE MANAGEMENT AND INVESTMENT LTD 20 Dec 2010
    07473318 KARVIS LIMITED 20 Dec 2010
    07470915 SURPLUS TRADING LIMITED 15 Dec 2010
    07469120 ARKIN & CO (UK) LIMITED 14 Dec 2010
    07468637 WOHOLA LTD 14 Dec 2010
    07466376 CITY TAXI ROOSENDAAL LIMITED 10 Dec 2010
    07464946 FREEMART LIMITED 09 Dec 2010
    07464814 PROFESSIONAL TECHNOLOGIES LTD 09 Dec 2010
    07463712 HANDELSONDERNEMING RICO LIMITED 08 Dec 2010
    07463433 TWICKENHAM MARTIAL ARTS LTD 08 Dec 2010
    07460342 HOWARD MOULE & CO LIMITED 06 Dec 2010
    07460042 TTL COMMUNICATION LTD 03 Dec 2010
    07459766 VIEW ARCHITECTURE STUDIOS LTD 03 Dec 2010
    07459312 GOLDEN SCHOOLS LTD 03 Dec 2010
    07458504 GAS-TEK UK PLUMBING & HEATING LTD 02 Dec 2010
    07458424 KARS PRESTIGE VALETING LIMITED 02 Dec 2010