Stevenage, Hertfordshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company registrations in Stevenage when compared to any previous November.
- Q4 2010 saw a new record in company closures in Stevenage when compared to any previous Q4.
- November 2010 saw a new record in company closures in Stevenage when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 529 companies were formed in Stevenage in 2010. This total is 10.9% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Stevenage UK 2010 529 400,358 2009 477 362,675 2008 475 349,203 2007 582 457,649 2006 526 405,440 Record Year 2007 (582) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 255 companies were formed in Stevenage. This figure is 0.0% the same as last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Stevenage occurred in 2006 when a total of 290 were formed.
Half Year (Jul-Dec) Stevenage UK 2010 255 196,609 2009 255 180,654 % change 0.0% 8.8% Record Year 2006 (290) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 130 companies were registered in Stevenage during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 3.2% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Stevenage UK 2010 130 95,117 2009 126 85,983 % change 3.2% 10.6% Record Year 2006 (132) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company registrations in Stevenage when compared to any previous November.
New Companies by Month
October November December New companies in 2010 39 60 31 New companies in 2009 34 42 50 % change 14.7% 42.9% -38.0% Record Year 2006 (49) 2010 (60) 2009 (50)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 452 companies were dissolved in Stevenage in 2010. This total is 23.1% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Stevenage UK 2010 452 342,232 2009 588 533,773 2008 231 237,901 2007 245 220,295 2006 288 200,166 Record Year 2009 (588) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 239 companies were dissolved in Stevenage. This figure is 7.0% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Stevenage occurred in 2009 when a total of 257 were closed.
Half Year (Jul-Dec) Stevenage UK 2010 239 164,601 2009 257 244,537 % change -7.0% -32.7% Record Year 2009 (257) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Stevenage when compared to any previous Q4.
A total of 109 companies were dissolved in Stevenage during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 17.2% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Stevenage UK 2010 109 76,896 2009 93 85,136 % change 17.2% -9.7% Record Year 2010 (109) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Stevenage when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 39 51 19 Closed companies in 2009 33 27 33 % change 18.2% 88.9% -42% Record Year 2006 (42) 2010 (51) 2009 (33)
Net Company Growth
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Annual Data (2010)
A total of 77 companies were added to the company register for Stevenage in 2010. This number represents growth of 16.1% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 188 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Stevenage company register grew by 337 companies.
Year Stevenage UK 2010 77 58,126 2009 -111 -171,098 2008 244 111,302 2007 337 237,354 2006 238 205,274 Record Year 2007 (337) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Stevenage increased by 16 companies.
Half Year (Jul-Dec) Stevenage UK 2010 16 32,008 2009 -2 -63,883 Record Year 2006 (128) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Stevenage during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 21 companies.
fourth quarter (Oct 2010 - Dec 2010) Stevenage UK 2010 21 18,221 2009 33 847 Record Year 2008 (61) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 0 9 12 Net growth in 2009 1 15 17 Record Year 2008 (30) 2008 (26) 2007 (19)
UK Company Share
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Annual Data (2010)
In 2010 Stevenage formed 0.1% of all UK companies. This is no change on 2009 when Stevenage was responsible for 0.1% of all UK companies.
Year Stevenage 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1976 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Stevenage formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Stevenage 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.2% Record Year (since 1960) 1976 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Stevenage formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Stevenage 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1965 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.2% 0.1% UK formation share in 2009 0.1% 0.1% 0.2% % change 0.4% 27.7% -41.0% Record Year 1963 (0.3%) 1996 (0.2%) 1977 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 43.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 43.4.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.2.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Stevenage was 1857 when 36.4% of all directors were female.
The percentage of female directors in Stevenage in 2010 was 27.8%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Stevenage was 1860 when 42.9% of all directors were female.
28.9% of all director appointments in Stevenage in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Stevenage was in 1977 when 31.1% of all directors were female.
32.6% of all director appointments in Stevenage in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.81% CONSULTING 5.06% CONSULTING 2.36% MANAGEMENT 5.01% INVESTMENT 1.46% CONSULTANCY 3.14% BUILDING 1.12% PROPERTY 2.36% BUSINESS 1.12% TRADING 2.11% ASSOCIATES 1.01% ASSOCIATES 1.95% TRADING 1.01% DESIGN 1.92% DESIGN 0.90% BUSINESS 1.82% IT 0.90% CONSTRUCTION 1.82% THINK 0.90% CONSULTANTS 1.76% STEVENAGE 0.79% MEDIA 1.71% PROPERTY 0.67% ENGINEERING 1.62% COMMUNICATIONS 0.67% LONDON 1.60% MARKETING 0.67% CARE 1.45% SYSTEMS 0.67% INVESTMENTS 1.44% C 0.56% GLOBAL 1.43% CONTRACTORS 0.56% J 1.42% CONSULTANCY 0.56% IT 1.41% ENTERPRISES 0.56% PROPERTIES 1.34% BUILDERS 0.56% INTERNATIONAL 1.34% HERTS 0.56% BUILDING 1.34% STUDIO 0.45% M 1.30% SECURITY 0.45% ELECTRICAL 1.25% CLEANING 0.45% SYSTEMS 1.24% S 0.45% 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 255 199,572 7487 - Other business activities 86 63,348 70229 - Management consultancy activities other than financial management 30 14,505 7414 - Business & management consultancy 23 13,474 99999 - Dormant Company 22 16,285 96090 - Other service activities not elsewhere classified 21 8,799 82990 - Other business support service activities not elsewhere classified 21 27,550 62020 - Information technology consultancy activities 19 9,177 7260 - Other computer related activities 18 8,089 7499 - Non-trading company 17 12,000 9999 - Dormant Company 16 20,144 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,088 74990 - Non-trading company 13 8,243 62090 - Other information technology service activities 13 6,330 9305 - Other service activities 13 8,858 4521 - General construction & civil engineering 11 6,598 7222 - Other software consultancy and supply 11 7,298 7412 - Accounting, auditing; tax consult 7 2,391 69201 - Accounting and auditing activities 7 3,088 4531 - Installation electrical wiring etc. 6 2,170
Recent Companies
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Randomly selected companies from this quarter
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