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Potters Bar, Hertfordshire

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company closures in Potters Bar when compared to any previous Q1.
  • January 2011 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 2011)

    A total of 73 companies were registered in Potters Bar during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 44.3% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Potters BarUK
    201173116,391
    2010131105,137
    % change-44.3%10.7%
    Record Year 2008 (234) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011212527
    New companies in 2010393854
    % change-46.2%-34.2%-50.0%
    Record Year2008 (67)2008 (72)2008 (95)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Potters Bar when compared to any previous Q1.

    A total of 178 companies were dissolved in Potters Bar during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 12.7% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Potters BarUK
    201117890,986
    201015882,677
    % change12.7%10.0%
    Record Year 2011 (178) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Potters Bar when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011794158
    Closed companies in 2010474962
    % change68.1%-16.3%-6%
    Record Year2011 (79)2010 (49)2009 (106)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Potters Bar during the first quarter of 2011 (Jan 2011 - Mar 2011) was -105 companies.

    first quarter (Jan 2011 - Mar 2011)Potters BarUK
    2011-10525,405
    2010-2722,460
    Record Year 2008 (175) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-58-16-31
    Net growth in 2010-8-11-8
    Record Year2008 (42)2007 (43)2008 (94)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Potters Bar formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Potters Bar
    20110.1%
    20100.1%
    20090.2%
    20080.2%
    20070.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-53.5%-42.1%-52.3%
    Record Year1969 (0.4%)1960 (0.4%)2008 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 45.5.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    23.4% of all director appointments in Potters Bar in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.67%CONSULTING5.04%
    CONSULTING1.50%MANAGEMENT4.97%
    INT.1.33%CONSULTANCY3.16%
    CONSULTANCY1.33%PROPERTY2.38%
    IT1.33%TRADING2.10%
    TRADING1.00%DESIGN1.93%
    PLUMBING1.00%ASSOCIATES1.92%
    TECHNOLOGY0.83%BUSINESS1.87%
    BEHEER0.83%CONSTRUCTION1.80%
    HEATING0.83%CONSULTANTS1.76%
    BUSINESS0.83%MEDIA1.69%
    CO0.83%ENGINEERING1.61%
    FINANCE0.67%LONDON1.60%
    PROPERTY0.67%CARE1.45%
    FOR0.67%J1.45%
    HANDELSONDERNEMING0.67%GLOBAL1.44%
    VENICE0.67%INVESTMENTS1.43%
    SIMPLY0.67%IT1.41%
    PRESTIGE0.50%PROPERTIES1.36%
    SUPPLIES0.50%BUILDING1.34%
    LONDON0.50%M1.30%
    CONSULTANTS0.50%ELECTRICAL1.28%
    LANDMARK0.50%S1.24%
    SOLAR0.50%INTERNATIONAL1.23%
    TIFFIN0.50%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied576202,798
    7487 - Other business activities15560,968
    7260 - Other computer related activities667,789
    82990 - Other business support service activities not elsewhere classified3130,253
    7412 - Accounting, auditing; tax consult202,344
    7420 - Architectural, technical consult191,688
    8532 - Social work without accommodation131,080
    7414 - Business & management consultancy1312,916
    99999 - Dormant Company1118,336
    62090 - Other information technology service activities106,996
    62020 - Information technology consultancy activities1010,246
    96090 - Other service activities not elsewhere classified1010,085
    86900 - Other human health activities104,092
    70229 - Management consultancy activities other than financial management1016,150
    74990 - Non-trading company98,695
    9999 - Dormant Company819,765
    7499 - Non-trading company711,316
    68100 - Buying and selling of own real estate72,528
    7222 - Other software consultancy and supply77,000
    43390 - Other building completion and finishing62,707

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07545147 PRESTIGE HOLIDAY FINANCE LIMITED 28 Feb 2011
    07543209 HYPERLINK IT SOLUTIONS LIMITED 25 Feb 2011
    07542545 THE BUSINESS TOO HAIRDRESSING LIMITED 25 Feb 2011
    07541113 KRISS ANTIQUES LTD 24 Feb 2011
    07540575 CONTRACTORS INT. LIMITED 23 Feb 2011
    07539162 SERKOC CATERING LIMITED 22 Feb 2011
    07538458 NEW ENGLAND INT. LIMITED 22 Feb 2011
    07537690 JOB SEARCH ONLINE LIMITED 22 Feb 2011
    07537590 DOWN THE WIRE LIMITED 21 Feb 2011
    07530393 TOURSECURE MANAGEMENT LIMITED 15 Feb 2011
    07530122 DG IT SERVICES UK LIMITED 15 Feb 2011
    07529756 BELCAFE LIMITED 15 Feb 2011
    07526975 RO FINANCING COMPANY LIMITED 11 Feb 2011
    07526966 RO SOLAR ENERGY LIMITED 11 Feb 2011
    07526506 DEJA VU INT. LIMITED 11 Feb 2011
    07525634 IMF (INTERNATIONAL MANAGEMENT FOUNDATION) LIMITED 10 Feb 2011
    07524429 A E TYRE SERVICES LIMITED 10 Feb 2011
    07520158 JKS PROPERTY DEVELOPMENTS LIMITED 07 Feb 2011
    07519668 LITTLE WELLINGTONS PRE-SCHOOL LIMITED 07 Feb 2011
    07519575 ELVIS PACKAGING LTD 07 Feb 2011
    07516290 HARKNESS ENVIRONMENTAL LIMITED 03 Feb 2011
    07515841 KRIS ANTIQUES LTD 03 Feb 2011
    07513694 CADE MANAGEMENT LIMITED 02 Feb 2011
    07513254 ROLLER INT. LIMITED 01 Feb 2011
    07511796 WPR LOGISTICS LIMITED 01 Feb 2011