St Albans, Hertfordshire

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in St Albans when compared to any previous Q1.
  • February 2010 saw a new record in company closures in St Albans when compared to any previous February.

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 305 companies were registered in St Albans during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 41.9% versus the same period last year (Q1 2009). This figure compares well 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)St AlbansUK
    2010305105,137
    200921591,034
    % change41.9%15.5%
    Record Year 2007 (531) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20107889138
    New companies in 2009665792
    % change18.2%56.1%50.0%
    Record Year2008 (95)2007 (103)2007 (341)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in St Albans when compared to any previous Q1.

    A total of 234 companies were dissolved in St Albans during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 9.9% 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)St AlbansUK
    201023482,677
    2009213108,060
    % change9.9%-23.5%
    Record Year 2010 (234) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in St Albans when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010658782
    Closed companies in 20094245126
    % change54.8%93.3%-35%
    Record Year2007 (66)2010 (87)2009 (126)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for St Albans during the first quarter of 2010 (Jan 2010 - Mar 2010) was 71 companies.

    first quarter (Jan 2010 - Mar 2010)St AlbansUK
    20107122,460
    20092-17,026
    Record Year 2007 (365) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201013256
    Net growth in 20092412-34
    Record Year2008 (52)2007 (58)2007 (286)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, St Albans formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)St Albans
    20100.3%
    20090.2%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960) 1971 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.2%0.2%0.3%
    % change9.6%33.7%24.7%
    Record Year1967 (1.0%)1971 (1.2%)1976 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.8.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 4.1% 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 St Albans was in 1861 when 40.0% of all directors were female.

    32.1% of all director appointments in St Albans 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
    CONSULTING3.21%MANAGEMENT5.01%
    MEDICAL3.03%CONSULTING4.60%
    CONSULTANCY1.87%CONSULTANCY2.87%
    ASSOCIATES1.11%PROPERTY2.50%
    MANAGEMENT0.93%ASSOCIATES2.04%
    CONSTRUCTION0.76%TRADING1.93%
    MARKETING0.70%DESIGN1.91%
    MEDIA0.70%CONSTRUCTION1.87%
    BUSINESS0.64%MEDIA1.84%
    DESIGN0.64%BUSINESS1.74%
    TRADING0.58%INTERNATIONAL1.73%
    RECRUITMENT0.53%CONSULTANTS1.63%
    BUILDING0.53%ENGINEERING1.54%
    CONSULTANTS0.47%J1.48%
    DEVELOPMENTS0.47%LONDON1.45%
    E0.47%INVESTMENTS1.45%
    CARE0.47%GROUP1.37%
    M0.47%GLOBAL1.35%
    IT0.47%PROPERTIES1.35%
    GROUP0.47%BUILDING1.34%
    CREATIVE0.41%CARE1.33%
    S0.41%ELECTRICAL1.30%
    INVESTMENTS0.41%M1.28%
    P0.41%SYSTEMS1.25%
    T0.35%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied461228,645
    7487 - Other business activities44174,904
    82990 - Other business support service activities not elsewhere classified25926,974
    70229 - Management consultancy activities other than financial management9514,007
    8511 - Hospital activities84859
    74909 - Other professional, scientific and technical activities not elsewhere classified847,143
    7414 - Business & management consultancy6817,003
    7222 - Other software consultancy and supply469,659
    62020 - Information technology consultancy activities459,943
    7260 - Other computer related activities4010,331
    9999 - Dormant Company3819,948
    8512 - Medical practice activities371,496
    86101 - Hospital activities35588
    7499 - Non-trading company2815,398
    99999 - Dormant Company2713,808
    74990 - Non-trading company218,149
    7011 - Development & sell real estate185,300
    62090 - Other information technology service activities166,340
    4521 - General construction & civil engineering169,325
    9305 - Other service activities169,038

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07167187 K HUSSAIN LIMITED 24 Feb 2010
    07163485 ALBAN TANDOORI RESTAURANT LTD 19 Feb 2010
    07159969 ELITE GERMAN HORSES LIMITED 17 Feb 2010
    07154074 KAITAIA LIMITED 11 Feb 2010
    07153615 CONGO WOODFLOORING LIMITED 10 Feb 2010
    07150529 ROGUE ORDER LIMITED 09 Feb 2010
    07149942 CISCO CENTRAL LTD 08 Feb 2010
    07144879 G & M DEVELOPMENTS LTD 03 Feb 2010
    07163651 FINSUM LIMITED 19 Feb 2010
    07161699 SYSTEMS SOFTWARE & CONSULTING LIMITED 18 Feb 2010
    07161377 GSNTG LTD 17 Feb 2010
    07158788 FOCUS CONSULTANTS LTD 16 Feb 2010
    07156593 ILUX LED LIMITED 12 Feb 2010
    07150936 BAD ROBOT (LONDON) LIMITED 09 Feb 2010
    07147806 BESPOKE SCAFFOLDING SOLUTIONS LTD 05 Feb 2010
    07168491 RIALTO RTM COMPANY LIMITED 24 Feb 2010
    07157326 D&T ASSOCIATES LIMITED 15 Feb 2010
    07150639 MODERN LOGISTICS LIMITED 09 Feb 2010
    07142059 ARA RECRUITMENT LTD 01 Feb 2010
    07165346 AVALON SOLUTIONS LIMITED 23 Feb 2010
    07157395 TEA AND BISCUITS LIMITED 15 Feb 2010
    07157296 EAHUCON LTD 15 Feb 2010
    07155685 HI-POINT AUTOS (STEVENAGE) LIMITED 12 Feb 2010
    07149939 ALBAN IT SUPPLIES LTD 08 Feb 2010
    07144887 MKMG LIMITED 03 Feb 2010