Stevenage, Hertfordshire

Q3 2010 Business Confidence Report

Headlines

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

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 (Q3 Jul-Sep 2010)

    A total of 125 companies were registered in Stevenage during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 3.1% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)StevenageUK
    2010125101,492
    200912994,671
    % change-3.1%7.2%
    Record Year 2006 (158) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010383651
    New companies in 2009443451
    % change-13.6%5.9%0.0%
    Record Year2006 (45)2007 (48)2006 (68)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 130 companies were dissolved in Stevenage during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 20.7% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)StevenageUK
    201013087,705
    2009164159,401
    % change-20.7%-45.0%
    Record Year 2009 (164) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010415138
    Closed companies in 2009364979
    % change13.9%4.1%-52%
    Record Year2010 (41)2008 (71)2009 (79)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Stevenage during the third quarter of 2010 (Jul 2010 - Sep 2010) was -5 companies.

    third quarter (Jul 2010 - Sep 2010)StevenageUK
    2010-513,787
    2009-35-64,730
    Record Year 2006 (88) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010-3-1513
    Net growth in 20098-15-28
    Record Year2005 (29)2007 (29)2006 (44)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

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

    third quarter (Jul 2010 - Sep 2010)Stevenage
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.2%
    Record Year (since 1960) 1976 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change-19.7%-4.0%-4.1%
    Record Year1972 (0.4%)1976 (0.3%)1976 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 42.6.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Stevenage was in 1862 when 50.0% of all directors were female.

    25.3% of all director appointments in Stevenage in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2009-Sep 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT2.70%MANAGEMENT5.06%
    CONSULTING2.14%CONSULTING4.99%
    INVESTMENT1.13%CONSULTANCY3.12%
    ASSOCIATES1.01%PROPERTY2.38%
    TRADING0.90%TRADING2.04%
    THINK0.90%ASSOCIATES2.01%
    PROPERTY0.90%DESIGN1.93%
    BUILDING0.90%CONSTRUCTION1.86%
    DESIGN0.79%BUSINESS1.80%
    BUSINESS0.79%MEDIA1.75%
    IT0.79%CONSULTANTS1.73%
    CONSULTANCY0.79%LONDON1.59%
    HERTS0.79%ENGINEERING1.59%
    SYSTEMS0.68%INVESTMENTS1.49%
    COMMUNICATIONS0.68%CARE1.44%
    RED0.56%J1.44%
    MARKETING0.56%INTERNATIONAL1.43%
    S0.56%GLOBAL1.42%
    STEVENAGE0.56%IT1.35%
    HAIR0.45%PROPERTIES1.35%
    CONSULTANTS0.45%BUILDING1.32%
    HOME0.45%ELECTRICAL1.30%
    MEDIA0.45%M1.28%
    ENTERPRISES0.45%SYSTEMS1.26%
    (HERTS)0.45%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied242202,902
    7487 - Other business activities9769,802
    7414 - Business & management consultancy2614,940
    70229 - Management consultancy activities other than financial management2513,161
    7499 - Non-trading company2313,408
    99999 - Dormant Company2114,072
    82990 - Other business support service activities not elsewhere classified2125,053
    9999 - Dormant Company1821,484
    7260 - Other computer related activities188,967
    96090 - Other service activities not elsewhere classified177,767
    74909 - Other professional, scientific and technical activities not elsewhere classified156,460
    62020 - Information technology consultancy activities158,292
    9305 - Other service activities149,454
    7222 - Other software consultancy and supply138,183
    74990 - Non-trading company127,649
    4521 - General construction & civil engineering107,634
    62090 - Other information technology service activities95,716
    7412 - Accounting, auditing; tax consult72,672
    7440 - Advertising71,997
    7011 - Development & sell real estate63,743

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07356517 LPH DECORATING CONTRACTORS LTD 25 Aug 2010
    07352891 FLOCKHART CATERING LIMITED 23 Aug 2010
    07351595 HERMITAGE MARINE (PROPERTY) LIMITED 20 Aug 2010
    07351554 HERMITAGE MARINE LIMITED 20 Aug 2010
    07351109 QUENTIN SOLUTIONS LTD 19 Aug 2010
    07349425 A LEVEL RECRUITMENT LIMITED 18 Aug 2010
    07347819 M A TRADING ENTERPRISES LTD 17 Aug 2010
    07346368 EC-TECHNOLOGIES LTD 16 Aug 2010
    07345655 DAMON ABBOTT CONSULTING LIMITED 13 Aug 2010
    07345477 GMK CONSULTING LIMITED 13 Aug 2010
    07344425 DIAMOND CARGO LINK LTD 12 Aug 2010
    07342344 MORRISON UTILITY TECHNOLOGIES LIMITED 11 Aug 2010
    07338726 MAXZILLA LIMITED 06 Aug 2010
    07336669 ANDERSSON PROPERTY SERVICES LTD 05 Aug 2010
    07335808 UK SOLAR POWER LIMITED 04 Aug 2010
    07333812 NEWBOULD AND MEREDITH LTD 03 Aug 2010
    07333456 STAG PROPERTY MAINTENANCE LIMITED 03 Aug 2010
    07361128 AMREY LTD 31 Aug 2010
    07360170 LHS RETAIL LTD 31 Aug 2010
    07356521 THE BAR MOBILE BAR SERVICES (STEVENAGE) LIMITED 25 Aug 2010
    07352938 FAYLUK LIMITED 23 Aug 2010
    07347408 STEVENAGE FOOTBALL CLUB FOUNDATION LIMITED 17 Aug 2010
    07345140 WILLOWDENE ENGINEERING LIMITED 13 Aug 2010
    07340625 WINDOW CARE HERTS LTD 09 Aug 2010
    07339407 CLARKES PT LTD 09 Aug 2010