Watford, Hertfordshire

Q1 2010 Business Confidence Report

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 2010)

    A total of 298 companies were registered in Watford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 46.1% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WatfordUK
    2010298105,137
    200920491,034
    % change46.1%15.5%
    Record Year 2007 (706) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201070102126
    New companies in 2009645387
    % change9.4%92.5%44.8%
    Record Year2007 (103)2007 (125)2007 (478)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 203 companies were dissolved in Watford during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 67.5% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WatfordUK
    201020382,677
    2009624108,060
    % change-67.5%-23.5%
    Record Year 2009 (624) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010377096
    Closed companies in 200915989376
    % change-76.7%-21.3%-74%
    Record Year2009 (159)2009 (89)2009 (376)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Watford during the first quarter of 2010 (Jan 2010 - Mar 2010) was 95 companies.

    first quarter (Jan 2010 - Mar 2010)WatfordUK
    20109522,460
    2009-420-17,026
    Record Year 2007 (565) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010333230
    Net growth in 2009-95-36-289
    Record Year2007 (54)2007 (74)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Watford formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Watford
    20100.3%
    20090.2%
    20080.2%
    20070.4%
    20060.3%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.3%0.3%
    UK formation share in 20090.2%0.2%0.2%
    % change1.5%64.8%20.3%
    Record Year1964 (1.1%)1969 (1.1%)1968 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 42.5.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

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

    25.2% of all director appointments in Watford in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.26%MANAGEMENT5.01%
    MANAGEMENT1.71%CONSULTING4.60%
    CONSULTANCY1.50%CONSULTANCY2.87%
    IT1.23%PROPERTY2.50%
    CONSULTANTS0.82%ASSOCIATES2.04%
    TRADING0.82%TRADING1.93%
    BUSINESS0.82%DESIGN1.91%
    ASSOCIATES0.68%CONSTRUCTION1.87%
    M0.62%MEDIA1.84%
    CO0.62%BUSINESS1.74%
    CARE0.62%INTERNATIONAL1.73%
    CONSTRUCTION0.55%CONSULTANTS1.63%
    J0.55%ENGINEERING1.54%
    WATFORD0.48%J1.48%
    SECURITY0.48%LONDON1.45%
    C0.48%INVESTMENTS1.45%
    CAPITAL0.41%GROUP1.37%
    LONDON0.41%GLOBAL1.35%
    PROPERTY0.41%PROPERTIES1.35%
    GLOBAL0.41%BUILDING1.34%
    MARKETING0.41%CARE1.33%
    CLEANING0.41%ELECTRICAL1.30%
    PLUMBING0.41%M1.28%
    B0.41%SYSTEMS1.25%
    SERVICE0.41%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied849228,645
    55100 - Hotels and similar accommodation139829
    7487 - Other business activities12374,904
    7414 - Business & management consultancy8517,003
    70229 - Management consultancy activities other than financial management6614,007
    7222 - Other software consultancy and supply629,659
    9999 - Dormant Company6119,948
    4521 - General construction & civil engineering499,325
    82990 - Other business support service activities not elsewhere classified4926,974
    62020 - Information technology consultancy activities499,943
    7260 - Other computer related activities4010,331
    7499 - Non-trading company3615,398
    7412 - Accounting, auditing; tax consult352,818
    62090 - Other information technology service activities286,340
    9305 - Other service activities249,038
    7011 - Development & sell real estate235,300
    99999 - Dormant Company2213,808
    69201 - Accounting and auditing activities223,077
    96090 - Other service activities not elsewhere classified218,154
    4531 - Installation electrical wiring etc.132,729

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07141304 YOUR SPECIAL MOMENT LIMITED 31 Jan 2010
    07135423 UNIBASE LIMITED 26 Jan 2010
    07133065 TS MANAGEMENT SERVICES LIMITED 22 Jan 2010
    07132759 MOY CAPITAL LIMITED 21 Jan 2010
    07128165 B M WINDOWS & DOORS LIMITED 18 Jan 2010
    07128070 INVESTMENT DEVELOPMENT LTD 18 Jan 2010
    07127780 EKAM CONSULTING LIMITED 16 Jan 2010
    07126659 J NOONE CONSULTANCY LIMITED 15 Jan 2010
    07123334 KEY TOURS LIMITED 12 Jan 2010
    07122694 ALASTAIR ROBERTSON EXECUTIVE COACHING & CONSULTANCY LTD 12 Jan 2010
    07121508 SPECIAL PEOPLE PARTNERSHIP LIMITED 11 Jan 2010
    07120946 REDFEARN OPTICAL SERVICES LIMITED 09 Jan 2010
    07120662 AZEBRA MEDICAL LTD 09 Jan 2010
    07118536 WAYCROFT TRADING LIMITED 07 Jan 2010
    07117876 ELBOMAS LIMITED 06 Jan 2010
    07116888 JULIE POLLEY 05 Jan 2010
    07114777 AUSTIN MEDIA UK LTD 02 Jan 2010
    07140350 IRON AID FOUNDATION LTD 29 Jan 2010
    07139172 PRESTEPS C.I.C. 28 Jan 2010
    07126907 MUSCLE SUPPLEMENTS LTD 15 Jan 2010
    07122812 LILA INVESTMENT LIMITED 12 Jan 2010
    07116160 ADVENT ADVISORS LIMITED 05 Jan 2010
    07133719 CFDS (PRO) LTD. 22 Jan 2010
    07130463 PRIMEFX LTD 20 Jan 2010
    07132706 HICKEY HEATING SPARES LIMITED 21 Jan 2010