Stevenage, Hertfordshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Stevenage when compared to any previous February.
  • January 2010 saw a new record in company closures in Stevenage 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 2010)

    A total of 119 companies were registered in Stevenage during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 5.3% versus the same period last year (Q1 2009). This figure compares badly 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)StevenageUK
    2010119105,137
    200911391,034
    % change5.3%15.5%
    Record Year 2007 (186) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010324443
    New companies in 2009383243
    % change-15.8%37.5%0.0%
    Record Year2005 (51)2007 (61)2007 (84)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 96 companies were dissolved in Stevenage during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 24.4% versus the same period last year (Q1 2009). This figure compares well 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)StevenageUK
    20109682,677
    2009127108,060
    % change-24.4%-23.5%
    Record Year 2009 (127) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

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

    January 2010 saw a new record in company closures in Stevenage when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010283038
    Closed companies in 2009202483
    % change40.0%25.0%-54%
    Record Year2010 (28)2010 (30)2009 (83)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Stevenage during the first quarter of 2010 (Jan 2010 - Mar 2010) was 23 companies.

    first quarter (Jan 2010 - Mar 2010)StevenageUK
    20102322,460
    2009-14-17,026
    Record Year 2007 (123) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20104145
    Net growth in 2009188-40
    Record Year2003 (35)2007 (41)2007 (64)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Stevenage formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Stevenage
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-21.9%17.8%-16.9%
    Record Year1967 (0.5%)1974 (0.4%)1978 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.4.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 5.7% 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 Stevenage was in 1861 when 40.0% of all directors were female.

    27.8% of all director appointments in Stevenage 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
    MANAGEMENT1.74%MANAGEMENT5.01%
    CONSULTING1.51%CONSULTING4.60%
    CONSULTANCY0.81%CONSULTANCY2.87%
    HERTS0.70%PROPERTY2.50%
    SECURITY0.70%ASSOCIATES2.04%
    INVESTMENT0.70%TRADING1.93%
    BUSINESS0.70%DESIGN1.91%
    IT0.70%CONSTRUCTION1.87%
    S0.58%MEDIA1.84%
    CONSULTANTS0.58%BUSINESS1.74%
    BUILDING0.58%INTERNATIONAL1.73%
    INVESTMENTS0.58%CONSULTANTS1.63%
    ELECTRICAL0.58%ENGINEERING1.54%
    COMMUNICATIONS0.58%J1.48%
    EUROPE0.58%LONDON1.45%
    (STEVENAGE)0.58%INVESTMENTS1.45%
    INSTALLATIONS0.58%GROUP1.37%
    CONSTRUCTION0.58%GLOBAL1.35%
    ASSOCIATES0.46%PROPERTIES1.35%
    RED0.46%BUILDING1.34%
    TRAINING0.46%CARE1.33%
    SYSTEMS0.46%ELECTRICAL1.30%
    TRADING0.46%M1.28%
    EVENTS0.46%SYSTEMS1.25%
    WORLDWIDE0.35%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied263228,645
    7487 - Other business activities9874,904
    7414 - Business & management consultancy3417,003
    70229 - Management consultancy activities other than financial management3114,007
    82990 - Other business support service activities not elsewhere classified2326,974
    7222 - Other software consultancy and supply219,659
    99999 - Dormant Company1913,808
    7499 - Non-trading company1915,398
    7260 - Other computer related activities1710,331
    96090 - Other service activities not elsewhere classified178,154
    62020 - Information technology consultancy activities169,943
    9999 - Dormant Company1419,948
    9305 - Other service activities149,038
    74909 - Other professional, scientific and technical activities not elsewhere classified147,143
    4521 - General construction & civil engineering139,325
    62090 - Other information technology service activities116,340
    74990 - Non-trading company108,149
    7412 - Accounting, auditing; tax consult102,818
    43210 - Electrical installation93,163
    7440 - Advertising81,918

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07170209 CRAFTY CLOTHING LIMITED 25 Feb 2010
    07169548 COMPLETE INTERIOR CONTRACTS LTD 25 Feb 2010
    07167709 SAMUEL BEADIE (SHEFFORD) LIMITED 24 Feb 2010
    07164421 CONTINENTAL ENVIRONMENTAL SERVICES LIMITED 22 Feb 2010
    07164341 HERTS HOME SOLUTIONS LIMITED 22 Feb 2010
    07161552 SQUARE MILE FREELANCE LIMITED 18 Feb 2010
    07161359 HATFIELD PUB COMPANY LTD 17 Feb 2010
    07157543 TSR PAYMENT SOLUTIONS LTD 15 Feb 2010
    07155300 OUSE CRUISES LIMITED 11 Feb 2010
    07154283 DELICATE MOVEMENTS LIMITED 11 Feb 2010
    07154078 HIGHFIELD HOUSE NETWORKS LIMITED 11 Feb 2010
    07149254 OPTIMAL NETWORK COMMUNICATIONS LIMITED 08 Feb 2010
    07148144 EASY VANTAGE LIMITED 05 Feb 2010
    07147653 EXPRES CLAIMS LTD 05 Feb 2010
    07147519 SHEPHARD&SON LTD 05 Feb 2010
    07142663 GARG TELECOM LIMITED 02 Feb 2010
    07142525 LJ PALMA LIMITED 02 Feb 2010
    07141985 WINTER COMMUNICATIONS LIMITED 01 Feb 2010
    07171566 FULL CIRCLE CONSULTING LTD 26 Feb 2010
    07165381 ADVANCED MEDICARE LTD 23 Feb 2010
    07155251 CSR BUILDING LIMITED 11 Feb 2010
    07155019 ART WORK MUSIC LTD 11 Feb 2010
    07144191 SOFTTECH DESIGN SERVICES LTD 02 Feb 2010
    07142574 RKL TRAINING SERVICES LTD 02 Feb 2010
    07141714 EMMYWATERS MERCANTILE ALLIANCE LTD 01 Feb 2010