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
    07140332 ALPHABET EVENTS LTD 29 Jan 2010
    07139681 FK WORLDWIDE LIMITED 28 Jan 2010
    07138880 SGM COMMUNICATIONS LIMITED 28 Jan 2010
    07137421 GB BUILDSTORE LTD 26 Jan 2010
    07136623 T-M OFFICE INTERIORS LIMITED 26 Jan 2010
    07136105 JAMES SUPPORT SERVICES LTD 26 Jan 2010
    07131122 BENJAMIN LINE BRITTANY LIMITED 20 Jan 2010
    07129957 NEGOCE EUROPE TRADING LTD 19 Jan 2010
    07129672 HAWKSTONE BUILDERS LTD 19 Jan 2010
    07128008 CARLTON COMMODITY BUSINESS (PVT) LTD 18 Jan 2010
    07126392 S DUTT PROPERTIES LIMITED 15 Jan 2010
    07126113 OLDTOWN SURMA LTD 14 Jan 2010
    07124758 THE WORKS HAIR AND BODY STUDIO LIMITED 13 Jan 2010
    07123128 ACURA TRADING (UK) LTD 12 Jan 2010
    07122779 PINNACLE BUILDING SERVICES LIMITED 12 Jan 2010
    07117390 SNOW DESIGN LIMITED 06 Jan 2010
    07117219 OISRE CONSULTING LIMITED 05 Jan 2010
    07115881 MANGO BUSINESS GROUP LIMITED 04 Jan 2010
    07115684 MCORMACK ROOFING LTD 04 Jan 2010
    07115442 I LOVE LUCY TV LIMITED 04 Jan 2010
    07127746 PEGLARAY CARE LIMITED 16 Jan 2010
    07125944 PERSEUS PROPERTIES LIMITED 14 Jan 2010
    07119534 ANNETT JOHNSON HAIR LTD 07 Jan 2010
    07116069 PROHIBIDO LIMITED 05 Jan 2010
    07114800 MCLONY RESOURCES LTD 02 Jan 2010