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
New Company Registrations
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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) Stevenage UK 2010 119 105,137 2009 113 91,034 % change 5.3% 15.5% Record Year 2007 (186) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 32 44 43 New companies in 2009 38 32 43 % change -15.8% 37.5% 0.0% Record Year 2005 (51) 2007 (61) 2007 (84)
Closed Companies (dissolved)
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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) Stevenage UK 2010 96 82,677 2009 127 108,060 % change -24.4% -23.5% Record Year 2009 (127) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 28 30 38 Closed companies in 2009 20 24 83 % change 40.0% 25.0% -54% Record Year 2010 (28) 2010 (30) 2009 (83)
Net Company Growth
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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) Stevenage UK 2010 23 22,460 2009 -14 -17,026 Record Year 2007 (123) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 4 14 5 Net growth in 2009 18 8 -40 Record Year 2003 (35) 2007 (41) 2007 (64)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1967 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -21.9% 17.8% -16.9% Record Year 1967 (0.5%) 1974 (0.4%) 1978 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.74% MANAGEMENT 5.01% CONSULTING 1.51% CONSULTING 4.60% CONSULTANCY 0.81% CONSULTANCY 2.87% HERTS 0.70% PROPERTY 2.50% SECURITY 0.70% ASSOCIATES 2.04% INVESTMENT 0.70% TRADING 1.93% BUSINESS 0.70% DESIGN 1.91% IT 0.70% CONSTRUCTION 1.87% S 0.58% MEDIA 1.84% CONSULTANTS 0.58% BUSINESS 1.74% BUILDING 0.58% INTERNATIONAL 1.73% INVESTMENTS 0.58% CONSULTANTS 1.63% ELECTRICAL 0.58% ENGINEERING 1.54% COMMUNICATIONS 0.58% J 1.48% EUROPE 0.58% LONDON 1.45% (STEVENAGE) 0.58% INVESTMENTS 1.45% INSTALLATIONS 0.58% GROUP 1.37% CONSTRUCTION 0.58% GLOBAL 1.35% ASSOCIATES 0.46% PROPERTIES 1.35% RED 0.46% BUILDING 1.34% TRAINING 0.46% CARE 1.33% SYSTEMS 0.46% ELECTRICAL 1.30% TRADING 0.46% M 1.28% EVENTS 0.46% SYSTEMS 1.25% WORLDWIDE 0.35% S 1.23%
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 263 228,645 7487 - Other business activities 98 74,904 7414 - Business & management consultancy 34 17,003 70229 - Management consultancy activities other than financial management 31 14,007 82990 - Other business support service activities not elsewhere classified 23 26,974 7222 - Other software consultancy and supply 21 9,659 99999 - Dormant Company 19 13,808 7499 - Non-trading company 19 15,398 7260 - Other computer related activities 17 10,331 96090 - Other service activities not elsewhere classified 17 8,154 62020 - Information technology consultancy activities 16 9,943 9999 - Dormant Company 14 19,948 9305 - Other service activities 14 9,038 74909 - Other professional, scientific and technical activities not elsewhere classified 14 7,143 4521 - General construction & civil engineering 13 9,325 62090 - Other information technology service activities 11 6,340 74990 - Non-trading company 10 8,149 7412 - Accounting, auditing; tax consult 10 2,818 43210 - Electrical installation 9 3,163 7440 - Advertising 8 1,918
Recent Companies
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Randomly selected companies from this quarter
reports
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