St Albans, Hertfordshire
2014 Half Year Business Confidence Report

Headlines
- June 2014 saw a new record in company registrations in St Albans when compared to any previous June.
- June 2014 saw a new record in company closures in St Albans when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 779 companies were formed in St Albans. This figure is 20.0% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in St Albans occurred in 2007 when a total of 1,143 were formed.
Half Year (Jan-Jun) St Albans UK 2014 779 300,731 2013 649 269,432 % change 20.0% 11.6% Record Year 2007 (1,143) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 383 companies were registered in St Albans during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 22.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) St Albans UK 2014 383 150,009 2013 313 134,630 % change 22.4% 11.4% Record Year 2007 (612) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in St Albans when compared to any previous June.
New Companies by Month
April May June New companies in 2014 135 117 131 New companies in 2013 102 106 105 % change 32.4% 10.4% 24.8% Record Year 2007 (406) 2012 (128) 2014 (131)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 500 companies were dissolved in St Albans. This figure is 14.4% lower than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in St Albans occurred in 2013 when a total of 584 were closed.
Half Year (Jan-Jun) St Albans UK 2014 500 177,207 2013 584 155,192 % change -14.4% 14.2% Record Year 2013 (584) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 273 companies were dissolved in St Albans during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 0.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) St Albans UK 2014 273 94,837 2013 274 77,278 % change -0.4% 22.7% Record Year 2009 (351) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company closures in St Albans when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2014 58 105 110 Closed companies in 2013 132 73 69 % change -56.1% 43.8% 59% Record Year 2013 (132) 2009 (167) 2014 (110)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for St Albans increased by 279 companies.
Half Year (Jan-Jun) St Albans UK 2014 279 123,524 2013 65 114,240 Record Year 2007 (852) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for St Albans during the second quarter of 2014 (Apr 2014 - Jun 2014) was 110 companies.
second quarter (Apr 2014 - Jun 2014) St Albans UK 2014 110 55,172 2013 39 57,352 Record Year 2007 (487) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 77 12 21 Net growth in 2013 -30 33 36 Record Year 2007 (370) 1995 (51) 2007 (72)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 St Albans formed 0.3% of all UK companies. This is more than the 2013 figure of 0.2%.
Half Year (Jan-Jun) St Albans 2014 0.3% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1995 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, St Albans formed 0.3% of all UK companies.
second quarter (Apr 2014 - Jun 2014) St Albans 2014 0.3% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2007 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.2% 0.2% 0.3% UK formation share in 2013 0.2% 0.2% 0.3% % change 19.4% 1.9% 8.1% Record Year 2007 (1.0%) 1971 (0.8%) 1987 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 40.8.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 9.6% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 43.9.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in St Albans was 2007 when 31.3% of all directors were female.
25.9% of all director appointments in St Albans in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in St Albans was in 2011 when 31.4% of all directors were female.
26.6% of all director appointments in St Albans in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.18% CONSULTING 5.16% CONSULTING 1.81% MANAGEMENT 4.64% CONSULTANCY 1.25% CONSULTANCY 3.50% DESIGN 0.93% PROPERTY 2.66% M 0.79% TRADING 2.03% ALBANS 0.79% ENGINEERING 1.99% ST 0.79% CONSTRUCTION 1.93% MEDIA 0.79% LONDON 1.93% PROPERTY 0.79% CARE 1.85% PROPERTIES 0.79% DESIGN 1.75% MEDICAL 0.79% CONSULTANTS 1.73% CONSTRUCTION 0.65% BUSINESS 1.69% BUILDING 0.60% PROPERTIES 1.63% MARKETING 0.56% TRANSPORT 1.58% J 0.56% GLOBAL 1.55% IT 0.51% INVESTMENTS 1.55% S 0.51% J 1.51% PRODUCTIONS 0.46% ASSOCIATES 1.48% DEVELOPMENTS 0.46% MEDIA 1.44% CARE 0.46% ELECTRICAL 1.40% FINANCIAL 0.46% IT 1.33% CONSULTANTS 0.46% DEVELOPMENTS 1.33% ALBANS) 0.46% BUILDING 1.26% RIGGING 0.46% M 1.24% HOUSE 0.42% CO., 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 459 261,557 70229 - Management consultancy activities other than financial management 194 40,250 82990 - Other business support service activities not elsewhere classified 163 57,421 62020 - Information technology consultancy activities 112 29,029 99999 - Dormant Company 91 48,436 86101 - Hospital activities 91 3,357 74909 - Other professional, scientific and technical activities not elsewhere classified 73 19,058 86900 - Other human health activities 49 11,292 59113 - Television programme production activities 47 2,225 96090 - Other service activities not elsewhere classified 45 28,352 62090 - Other information technology service activities 45 13,024 43999 - Other specialised construction activities not elsewhere classified 37 8,533 41100 - Development of building projects 34 10,527 62012 - Business and domestic software development 32 9,834 69201 - Accounting and auditing activities 27 7,415 68209 - Other letting and operating of own or leased real estate 27 10,133 43390 - Other building completion and finishing 25 5,855 41202 - Construction of domestic buildings 25 7,053 74100 - specialised design activities 23 4,703 74990 - Non-trading company 19 14,351
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09022636 MILVIK UK LIMITED 02 May 2014 09028779 PADDY FUN LIMITED 07 May 2014 09034684 HNOS LIMITED 12 May 2014 09038819 PINEWOOD (UK) LIMITED 14 May 2014 09046938 NEWBURY MANAGEMENT LTD 19 May 2014 09048644 RAINBOW IRONING SERVICES LIMITED 20 May 2014 09052733 LIBRE LIMITED 22 May 2014 09060251 PROREHABUK LTD 28 May 2014 09062674 JUMP RECRUITMENT SOLUTIONS LTD 29 May 2014 09031907 SCX EARLS LIMITED 09 May 2014 09032264 B M E ST ALBANS LTD 09 May 2014 09032571 MAZTECH ENGINEERING LTD 09 May 2014 09041262 SAREEN AND SON LTD 15 May 2014 09041807 HAVEN ABODES LIMITED 15 May 2014 09042620 PBC LIVE LTD 15 May 2014 09043785 MY CONSULTING LIMITED 16 May 2014 09047009 UN CONSULTANTS LTD 19 May 2014 09050238 R W HILL LTD 21 May 2014 09051580 CONSTRUCTCLEAN LIMITED 22 May 2014 09053462 MCC DEVELOPEMENTS LTD 22 May 2014 09019968 MEDIA AND ENTERTAINMENT EUROPE LTD 01 May 2014 09033837 NIEVE IT LTD 12 May 2014 09039549 M&M PROCESS LTD 14 May 2014 09060270 INDEPENDENT CARE CONSULTANTS LIMITED 28 May 2014 09064460 BILYTIX LTD 30 May 2014
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