Potters Bar, Hertfordshire

2014 Annual Business Confidence Report

Headlines

  • December 2014 saw a new record in company registrations in Potters Bar when compared to any previous December.
  • November 2014 saw a new record in company registrations in Potters Bar when compared to any previous November.
  • The record second half year for female directors in Potters Bar was 2014 when 28.0% of all directors were female.
  • The record fourth quarter for female directors in Potters Bar was in 2014 when 27.1% of all directors were female.

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 (2014)

    A total of 516 companies were formed in Potters Bar in 2014. This total is 15.8% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearPotters BarUK
    2014516582,051
    2013613529,363
    2012944491,893
    2011475452,870
    2010395400,358
    Record Year2007 (981)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 269 companies were formed in Potters Bar. This figure is 48.6% higher than last year, which compares well to the UK wide figure of 8.2%.

    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
    2014269281,320
    2013181259,931
    % change48.6%8.2%
    Record Year2007 (446)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 190 companies were registered in Potters Bar during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 88.1% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Potters BarUK
    2014190137,906
    2013101127,247
    % change88.1%8.4%
    Record Year 2007 (194) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Potters Bar when compared to any previous December.

    November 2014 saw a new record in company registrations in Potters Bar when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014447373
    New companies in 2013383528
    % change15.8%108.6%160.7%
    Record Year2011 (95)2014 (73)2014 (73)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 495 companies were dissolved in Potters Bar in 2014. This total is 32.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearPotters BarUK
    2014495367,937
    2013374332,213
    2012297293,729
    2011520314,524
    2010707342,233
    Record Year2009 (1,119)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 259 companies were dissolved in Potters Bar. This figure is 36.3% higher than last year, which compares badly to the UK wide change of 7.7%.

    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
    2014259190,730
    2013190177,021
    % change36.3%7.7%
    Record Year2009 (573)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 148 companies were dissolved in Potters Bar during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 42.3% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Potters BarUK
    201414889,060
    201310490,851
    % change42.3%-2.0%
    Record Year 2009 (224) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014493960
    Closed companies in 2013462236
    % change6.5%77.3%67%
    Record Year2010 (64)2009 (82)2009 (82)

Net Company Growth

  1. Annual Data (2014)

    A total of 21 companies were added to the company register for Potters Bar in 2014. This number represents growth of 4.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 218 companies lower 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
    201421214,114
    2013239197,150
    2012647198,164
    2011-45138,346
    2010-31258,125
    Record Year2007 (699)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Potters Bar increased by 10 companies.

    Half Year (Jul-Dec)Potters BarUK
    20141090,590
    2013-982,910
    Record Year2012 (304)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Potters Bar during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 42 companies.

    fourth quarter (Oct 2014 - Dec 2014)Potters BarUK
    20144248,846
    2013-336,396
    Record Year 2012 (131) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014-53413
    Net growth in 2013-813-8
    Record Year2011 (73)2012 (50)2004 (43)

UK Company Share

  1. Annual Data (2014)

    In 2014 Potters Bar formed 0.1% of all UK companies. This is no change on 2013 when Potters Bar was responsible for 0.1% of all UK companies.

    YearPotters Bar
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960)2007 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Potters Bar formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Potters Bar
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 2007 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Potters Bar formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Potters Bar
    20140.1%
    20130.1%
    20120.2%
    20110.2%
    20100.1%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.2%0.2%
    UK formation share in 20130.1%0.1%0.1%
    % change10.0%98.0%123.1%
    Record Year1993 (0.3%)1993 (0.2%)2007 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.3.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.7.

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

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 44.4.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Potters Bar was 1988 when 100.0% of all directors were female.

    The percentage of female directors in Potters Bar in 2014 was 27.7%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Potters Bar was 2014 when 28.0% of all directors were female.

    28.0% of all director appointments in Potters Bar in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Potters Bar was in 2014 when 27.1% of all directors were female.

    27.1% of all director appointments in Potters Bar in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    CONSULTANCY3.66%CONSULTING5.22%
    CONSULTING2.86%MANAGEMENT4.58%
    MANAGEMENT2.29%CONSULTANCY3.57%
    CORPORATION1.49%PROPERTY2.66%
    BUSINESS0.92%CONSTRUCTION2.12%
    INVESTMENTS0.80%ENGINEERING2.10%
    ELECTRICAL0.69%CARE2.02%
    PROPERTY0.69%TRADING1.94%
    ASSOCIATES0.69%LONDON1.93%
    S0.69%TRANSPORT1.93%
    J0.69%DESIGN1.66%
    VENTURES0.57%CONSULTANTS1.64%
    LONDON0.46%ELECTRICAL1.62%
    CONSTRUCTION0.46%PROPERTIES1.62%
    PROJECTS0.46%BUSINESS1.56%
    DEVELOPMENTS0.46%J1.54%
    IT0.46%CO.,1.50%
    ACCOUNTING0.34%GLOBAL1.49%
    R0.34%INVESTMENTS1.48%
    CARE0.34%ASSOCIATES1.47%
    P0.34%DEVELOPMENTS1.35%
    HOME0.34%MEDIA1.33%
    SOCIAL0.34%IT1.31%
    PROFESSIONAL0.34%BUILDING1.29%
    MAINTENANCE0.34%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,001265,608
    82990 - Other business support service activities not elsewhere classified11958,068
    99999 - Dormant Company2848,509
    62020 - Information technology consultancy activities2730,178
    70229 - Management consultancy activities other than financial management2142,290
    96090 - Other service activities not elsewhere classified2029,009
    41100 - Development of building projects1411,397
    68209 - Other letting and operating of own or leased real estate1411,212
    98000 - Residents property management135,255
    62012 - Business and domestic software development129,752
    74909 - Other professional, scientific and technical activities not elsewhere classified1119,049
    96020 - Hairdressing and other beauty treatment116,742
    74990 - Non-trading company913,984
    56101 - Licensed restaurants98,782
    35110 - Production of electricity82,551
    68320 - Management of real estate on a fee or contract basis86,010
    63990 - Other information service activities not elsewhere classified76,157
    93290 - Other amusement and recreation activities not elsewhere classified72,590
    43210 - Electrical installation75,985
    47990 - Other retail sale not in stores, stalls or markets66,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09334021 R2 CONSULTING SOLUTIONS LTD 01 Dec 2014
    09337998 LUCAS ASSET SERVICING LTD 03 Dec 2014
    09339098 NDA BUSINESS SERVICES LTD 03 Dec 2014
    09340150 ANGLO-ALEUTIAN CONSULTING LTD 03 Dec 2014
    09340571 MENOZZI LTD 04 Dec 2014
    09342126 LST CONSULTANCY LTD 05 Dec 2014
    09343190 CLK CONSULTANCY SOLUTIONS LIMITED 05 Dec 2014
    09344030 AC PROCUREMENT LTD 08 Dec 2014
    09344411 S FRANCIS CONSULTANCY LTD 08 Dec 2014
    09344500 BC TECH SOLUTIONS LIMITED 08 Dec 2014
    09345065 ATLAS DRONES LIMITED 08 Dec 2014
    09346685 PSB ADVISORY LTD 09 Dec 2014
    09350792 ALWILO LIMITED 11 Dec 2014
    09351163 A.L AUGUSTINE CONSULTANCY LTD 11 Dec 2014
    09352645 OVOCHI LTD 12 Dec 2014
    09355877 ELECTRIC POWER CORPORATION LTD 15 Dec 2014
    09357818 P AKOM CONSULTANCY LTD 17 Dec 2014
    09357921 PRODIGY WAVES LTD 17 Dec 2014
    09358153 MIMIKAYS CONSULTANCY LIMITED 17 Dec 2014
    09358845 WOODLEY CONSULTANCY LTD 17 Dec 2014
    09364918 TECH E-LEARNING SOLUTIONS LTD 22 Dec 2014
    09365156 THE OAKS NURSERY LTD 23 Dec 2014
    09368580 ACHEAMPONG LIMITED 29 Dec 2014
    09369380 NEUXMI LIMITED 30 Dec 2014
    09370271 G. WALKER CONSULTANCY LTD 31 Dec 2014