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

  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. 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.

    YearStevenageUK
    2010529400,358
    2009477362,675
    2008475349,203
    2007582457,649
    2006526405,440
    Record Year2007 (582)2007 (457,649)
    New Companies by Year
  2. 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)StevenageUK
    2010255196,609
    2009255180,654
    % change0.0%8.8%
    Record Year2006 (290)2003 (201,446)
    New Companies by Half Year
  3. 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)StevenageUK
    201013095,117
    200912685,983
    % change3.2%10.6%
    Record Year 2006 (132) 2010 (95,117)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2010396031
    New companies in 2009344250
    % change14.7%42.9%-38.0%
    Record Year2006 (49)2010 (60)2009 (50)

Closed Companies (dissolved)

  1. 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.

    YearStevenageUK
    2010452342,232
    2009588533,773
    2008231237,901
    2007245220,295
    2006288200,166
    Record Year2009 (588)2009 (533,773)
    Dissolved Companies by Year
  2. 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)StevenageUK
    2010239164,601
    2009257244,537
    % change-7.0%-32.7%
    Record Year2009 (257)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)StevenageUK
    201010976,896
    20099385,136
    % change17.2%-9.7%
    Record Year 2010 (109) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010395119
    Closed companies in 2009332733
    % change18.2%88.9%-42%
    Record Year2006 (42)2010 (51)2009 (33)

Net Company Growth

  1. 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.

    YearStevenageUK
    20107758,126
    2009-111-171,098
    2008244111,302
    2007337237,354
    2006238205,274
    Record Year2007 (337)2003 (242,543)
    Net Growth by Year
  2. 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)StevenageUK
    20101632,008
    2009-2-63,883
    Record Year2006 (128)2003 (117,772)
    Net Growth by Half Year
  3. 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)StevenageUK
    20102118,221
    200933847
    Record Year 2008 (61) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20100912
    Net growth in 200911517
    Record Year2008 (30)2008 (26)2007 (19)

UK Company Share

  1. 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.

    YearStevenage
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1976 (0.2%)
    Company Share by Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.2%
    Record Year (since 1960) 1976 (0.2%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.2%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change0.4%27.7%-41.0%
    Record Year1963 (0.3%)1996 (0.2%)1977 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.81%CONSULTING5.06%
    CONSULTING2.36%MANAGEMENT5.01%
    INVESTMENT1.46%CONSULTANCY3.14%
    BUILDING1.12%PROPERTY2.36%
    BUSINESS1.12%TRADING2.11%
    ASSOCIATES1.01%ASSOCIATES1.95%
    TRADING1.01%DESIGN1.92%
    DESIGN0.90%BUSINESS1.82%
    IT0.90%CONSTRUCTION1.82%
    THINK0.90%CONSULTANTS1.76%
    STEVENAGE0.79%MEDIA1.71%
    PROPERTY0.67%ENGINEERING1.62%
    COMMUNICATIONS0.67%LONDON1.60%
    MARKETING0.67%CARE1.45%
    SYSTEMS0.67%INVESTMENTS1.44%
    C0.56%GLOBAL1.43%
    CONTRACTORS0.56%J1.42%
    CONSULTANCY0.56%IT1.41%
    ENTERPRISES0.56%PROPERTIES1.34%
    BUILDERS0.56%INTERNATIONAL1.34%
    HERTS0.56%BUILDING1.34%
    STUDIO0.45%M1.30%
    SECURITY0.45%ELECTRICAL1.25%
    CLEANING0.45%SYSTEMS1.24%
    S0.45%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied255199,572
    7487 - Other business activities8663,348
    70229 - Management consultancy activities other than financial management3014,505
    7414 - Business & management consultancy2313,474
    99999 - Dormant Company2216,285
    96090 - Other service activities not elsewhere classified218,799
    82990 - Other business support service activities not elsewhere classified2127,550
    62020 - Information technology consultancy activities199,177
    7260 - Other computer related activities188,089
    7499 - Non-trading company1712,000
    9999 - Dormant Company1620,144
    74909 - Other professional, scientific and technical activities not elsewhere classified157,088
    74990 - Non-trading company138,243
    62090 - Other information technology service activities136,330
    9305 - Other service activities138,858
    4521 - General construction & civil engineering116,598
    7222 - Other software consultancy and supply117,298
    7412 - Accounting, auditing; tax consult72,391
    69201 - Accounting and auditing activities73,088
    4531 - Installation electrical wiring etc.62,170

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424252 AIRBLU LIMITED 29 Oct 2010
    07423233 LAWRENCE DEAN RECRUITMENT LTD 29 Oct 2010
    07421576 PARTNERS IN EMPLOYMENT LTD 28 Oct 2010
    07420063 CALLAGHAN COST CONSULTANTS LIMITED 27 Oct 2010
    07418444 THE LONDON VOIP COMPANY LIMITED 25 Oct 2010
    07417930 ONE HEALTH CARE SERVICES LTD 25 Oct 2010
    07417610 GO CAR RENTAL LTD 25 Oct 2010
    07416743 YOUTH SECTOR SUPPORT LIMITED 22 Oct 2010
    07412695 PH INVESTMENT MANAGEMENT LTD 19 Oct 2010
    07412329 WCSCOMPUTER LIMITED 19 Oct 2010
    07411814 GENUINE KEYS LTD 19 Oct 2010
    07408975 S&C AUDIOVISUAL LTD 15 Oct 2010
    07407117 APPROACH HEALTHCARE LTD 14 Oct 2010
    07406317 COUNTY VIEW COMMERCIAL CLEANING SERVICES LTD 13 Oct 2010
    07406276 ROE END ASSOCIATES LIMITED 13 Oct 2010
    07404233 PM BUSINESS MANAGEMENT LIMITED 12 Oct 2010
    07402369 GRANDIS CONSULTING LIMITED 11 Oct 2010
    07399584 CONSUMER CENTRIC LIMITED 07 Oct 2010
    07398637 MAKESMITH LIMITED 06 Oct 2010
    07398573 CORE FRUIT UK LIMITED 06 Oct 2010
    07398146 LETS PARTY AND MY EVENT COMPANY LTD 06 Oct 2010
    07394383 SIGNATURE CERAMICS LTD 01 Oct 2010
    07421109 SHANKS POWER SOLUTIONS LTD 27 Oct 2010
    07409778 ART SOUND RECORDS LTD 18 Oct 2010
    07398339 MANDATE BUSINESS SERVICES LIMITED 06 Oct 2010