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
New Company Registrations
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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) Stevenage UK 2010 125 101,492 2009 129 94,671 % change -3.1% 7.2% Record Year 2006 (158) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 38 36 51 New companies in 2009 44 34 51 % change -13.6% 5.9% 0.0% Record Year 2006 (45) 2007 (48) 2006 (68)
Closed Companies (dissolved)
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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) Stevenage UK 2010 130 87,705 2009 164 159,401 % change -20.7% -45.0% Record Year 2009 (164) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 41 51 38 Closed companies in 2009 36 49 79 % change 13.9% 4.1% -52% Record Year 2010 (41) 2008 (71) 2009 (79)
Net Company Growth
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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) Stevenage UK 2010 -5 13,787 2009 -35 -64,730 Record Year 2006 (88) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -3 -15 13 Net growth in 2009 8 -15 -28 Record Year 2005 (29) 2007 (29) 2006 (44)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.2% Record Year (since 1960) 1976 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.2% % change -19.7% -4.0% -4.1% Record Year 1972 (0.4%) 1976 (0.3%) 1976 (0.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.70% MANAGEMENT 5.06% CONSULTING 2.14% CONSULTING 4.99% INVESTMENT 1.13% CONSULTANCY 3.12% ASSOCIATES 1.01% PROPERTY 2.38% TRADING 0.90% TRADING 2.04% THINK 0.90% ASSOCIATES 2.01% PROPERTY 0.90% DESIGN 1.93% BUILDING 0.90% CONSTRUCTION 1.86% DESIGN 0.79% BUSINESS 1.80% BUSINESS 0.79% MEDIA 1.75% IT 0.79% CONSULTANTS 1.73% CONSULTANCY 0.79% LONDON 1.59% HERTS 0.79% ENGINEERING 1.59% SYSTEMS 0.68% INVESTMENTS 1.49% COMMUNICATIONS 0.68% CARE 1.44% RED 0.56% J 1.44% MARKETING 0.56% INTERNATIONAL 1.43% S 0.56% GLOBAL 1.42% STEVENAGE 0.56% IT 1.35% HAIR 0.45% PROPERTIES 1.35% CONSULTANTS 0.45% BUILDING 1.32% HOME 0.45% ELECTRICAL 1.30% MEDIA 0.45% M 1.28% ENTERPRISES 0.45% SYSTEMS 1.26% (HERTS) 0.45% S 1.24%
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 242 202,902 7487 - Other business activities 97 69,802 7414 - Business & management consultancy 26 14,940 70229 - Management consultancy activities other than financial management 25 13,161 7499 - Non-trading company 23 13,408 99999 - Dormant Company 21 14,072 82990 - Other business support service activities not elsewhere classified 21 25,053 9999 - Dormant Company 18 21,484 7260 - Other computer related activities 18 8,967 96090 - Other service activities not elsewhere classified 17 7,767 74909 - Other professional, scientific and technical activities not elsewhere classified 15 6,460 62020 - Information technology consultancy activities 15 8,292 9305 - Other service activities 14 9,454 7222 - Other software consultancy and supply 13 8,183 74990 - Non-trading company 12 7,649 4521 - General construction & civil engineering 10 7,634 62090 - Other information technology service activities 9 5,716 7412 - Accounting, auditing; tax consult 7 2,672 7440 - Advertising 7 1,997 7011 - Development & sell real estate 6 3,743
Recent Companies
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Randomly selected companies from this quarter
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