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Stevenage, Hertfordshire

Q1 2012 Business Confidence Report

Headlines

  • February 2012 saw a new record in company closures in Stevenage when compared to any previous February.

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 (Q1 Jan-Mar 2012)

    A total of 157 companies were registered in Stevenage during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 9.8% versus the same period last year (Q1 2011). This figure compares badly to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)StevenageUK
    2012157131,491
    2011174116,391
    % change-9.8%13.0%
    Record Year 2007 (186) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012415759
    New companies in 2011515568
    % change-19.6%3.6%-13.2%
    Record Year2011 (51)2007 (61)2007 (84)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 96 companies were dissolved in Stevenage during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 13.5% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)StevenageUK
    20129667,576
    201111190,987
    % change-13.5%-25.7%
    Record Year 2009 (127) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company closures in Stevenage when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012343824
    Closed companies in 2011522435
    % change-34.6%58.3%-31%
    Record Year2011 (52)2012 (38)2009 (83)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Stevenage during the first quarter of 2012 (Jan 2012 - Mar 2012) was 61 companies.

    first quarter (Jan 2012 - Mar 2012)StevenageUK
    20126163,915
    20116325,404
    Record Year 2007 (123) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201271935
    Net growth in 2011-13133
    Record Year2003 (35)2007 (41)2007 (64)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Stevenage formed 0.1% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Stevenage
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.2%0.1%0.2%
    % change-31.1%-11.3%-18.8%
    Record Year1967 (0.5%)1974 (0.4%)1978 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 41.9.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Stevenage was in 1861 when 40.0% of all directors were female.

    24.2% of all director appointments in Stevenage in the first quarter of 2012 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 (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.97%CONSULTING5.07%
    CONSULTING1.28%MANAGEMENT4.74%
    PROPERTY0.99%CONSULTANCY3.30%
    IT0.89%PROPERTY2.37%
    CONSULTANCY0.79%TRADING2.07%
    CONSULTANTS0.79%DESIGN1.93%
    STEVENAGE0.69%ENGINEERING1.86%
    BUILDING0.69%ASSOCIATES1.84%
    INVESTMENTS0.69%CONSULTANTS1.79%
    M0.69%BUSINESS1.73%
    MEDIA0.59%MEDIA1.72%
    BUSINESS0.59%CONSTRUCTION1.72%
    CONSTRUCTION0.59%LONDON1.66%
    TRAINING0.59%J1.54%
    CARE0.59%INVESTMENTS1.51%
    ENERGY0.49%GLOBAL1.50%
    ENGINEERING0.49%IT1.40%
    HERTFORDSHIRE0.49%CARE1.34%
    PRODUCTIONS0.49%PROPERTIES1.31%
    INTERNATIONAL0.49%ELECTRICAL1.27%
    MARKETING0.49%M1.27%
    J0.49%BUILDING1.24%
    ALLIANCE0.49%ENERGY1.20%
    GREEN0.39%S1.20%
    HERTS0.39%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied243216,665
    7487 - Other business activities7652,735
    82990 - Other business support service activities not elsewhere classified4935,233
    70229 - Management consultancy activities other than financial management4619,704
    99999 - Dormant Company3625,084
    96090 - Other service activities not elsewhere classified3013,637
    62020 - Information technology consultancy activities2814,303
    9305 - Other service activities218,818
    74909 - Other professional, scientific and technical activities not elsewhere classified199,892
    7260 - Other computer related activities197,154
    9999 - Dormant Company1918,617
    74990 - Non-trading company189,729
    62090 - Other information technology service activities178,145
    7414 - Business & management consultancy1512,113
    7499 - Non-trading company149,102
    7222 - Other software consultancy and supply126,934
    4521 - General construction & civil engineering105,169
    62012 - Business and domestic software development94,356
    69201 - Accounting and auditing activities94,132
    41202 - Construction of domestic buildings83,052

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07937925 BASESTORE BASEMENTS LIMITED 06 Feb 2012
    07938417 T&A SOLUTIONS LTD 07 Feb 2012
    07940166 KINGORITSE DECOJOINTER LIMITED 07 Feb 2012
    07940616 HERTFORDSHIRE DRIVEWAYS & PATIOS LIMITED 08 Feb 2012
    07940927 EDGE IT CONSULTING LIMITED 08 Feb 2012
    07943053 TAYLORS ELECTRICAL CONTRACTORS LTD 09 Feb 2012
    07947022 BARNSTORMER DRAKE LTD 13 Feb 2012
    07948287 HET PRINT LIMITED 14 Feb 2012
    07952522 CUZZTEQ LIMITED 16 Feb 2012
    07952890 XENCA LIMITED 16 Feb 2012
    07953695 KWASHE LIMITED 17 Feb 2012
    07960236 RSP ESTATE LIMITED 22 Feb 2012
    07963680 SI84 LIMITED 24 Feb 2012
    07965787 SAA ACCOUNTANCY LIMITED 27 Feb 2012
    07966715 ADVANCE HOSE HYDRAULICS LTD 27 Feb 2012
    07967687 LAWTON LANDSCAPES LIMITED 28 Feb 2012
    OC372778 FENN & ANDREWS LLP 23 Feb 2012
    07939355 CYBER DYNAMIC NETWORKS LTD 07 Feb 2012
    07943921 GP AUTOMOTIVE LIMITED 09 Feb 2012
    07951078 RICHARD WILSON SCULPTURE LTD 15 Feb 2012
    07958911 STYLE GENIE LTD 21 Feb 2012
    07963173 KITNA LTD 24 Feb 2012
    07966057 DENZEL & DARIUS BROS LIMITED 27 Feb 2012
    07970147 METRONBRIDGE LTD 29 Feb 2012
    OC372625 HARPENDEN PROPERTY INVESTMENT LLP 21 Feb 2012