Watford, Hertfordshire
Q1 2010 Business Confidence Report
Contents
New Company Registrations
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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) Watford UK 2010 298 105,137 2009 204 91,034 % change 46.1% 15.5% Record Year 2007 (706) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 70 102 126 New companies in 2009 64 53 87 % change 9.4% 92.5% 44.8% Record Year 2007 (103) 2007 (125) 2007 (478)
Closed Companies (dissolved)
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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) Watford UK 2010 203 82,677 2009 624 108,060 % change -67.5% -23.5% Record Year 2009 (624) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 37 70 96 Closed companies in 2009 159 89 376 % change -76.7% -21.3% -74% Record Year 2009 (159) 2009 (89) 2009 (376)
Net Company Growth
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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) Watford UK 2010 95 22,460 2009 -420 -17,026 Record Year 2007 (565) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 33 32 30 Net growth in 2009 -95 -36 -289 Record Year 2007 (54) 2007 (74) 2007 (437)
UK Company Share
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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 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.4% 2006 0.3% Record Year (since 1960) 1966 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.3% 0.3% UK formation share in 2009 0.2% 0.2% 0.2% % change 1.5% 64.8% 20.3% Record Year 1964 (1.1%) 1969 (1.1%) 1968 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.26% MANAGEMENT 5.01% MANAGEMENT 1.71% CONSULTING 4.60% CONSULTANCY 1.50% CONSULTANCY 2.87% IT 1.23% PROPERTY 2.50% CONSULTANTS 0.82% ASSOCIATES 2.04% TRADING 0.82% TRADING 1.93% BUSINESS 0.82% DESIGN 1.91% ASSOCIATES 0.68% CONSTRUCTION 1.87% M 0.62% MEDIA 1.84% CO 0.62% BUSINESS 1.74% CARE 0.62% INTERNATIONAL 1.73% CONSTRUCTION 0.55% CONSULTANTS 1.63% J 0.55% ENGINEERING 1.54% WATFORD 0.48% J 1.48% SECURITY 0.48% LONDON 1.45% C 0.48% INVESTMENTS 1.45% CAPITAL 0.41% GROUP 1.37% LONDON 0.41% GLOBAL 1.35% PROPERTY 0.41% PROPERTIES 1.35% GLOBAL 0.41% BUILDING 1.34% MARKETING 0.41% CARE 1.33% CLEANING 0.41% ELECTRICAL 1.30% PLUMBING 0.41% M 1.28% B 0.41% SYSTEMS 1.25% SERVICE 0.41% 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 849 228,645 55100 - Hotels and similar accommodation 139 829 7487 - Other business activities 123 74,904 7414 - Business & management consultancy 85 17,003 70229 - Management consultancy activities other than financial management 66 14,007 7222 - Other software consultancy and supply 62 9,659 9999 - Dormant Company 61 19,948 4521 - General construction & civil engineering 49 9,325 82990 - Other business support service activities not elsewhere classified 49 26,974 62020 - Information technology consultancy activities 49 9,943 7260 - Other computer related activities 40 10,331 7499 - Non-trading company 36 15,398 7412 - Accounting, auditing; tax consult 35 2,818 62090 - Other information technology service activities 28 6,340 9305 - Other service activities 24 9,038 7011 - Development & sell real estate 23 5,300 99999 - Dormant Company 22 13,808 69201 - Accounting and auditing activities 22 3,077 96090 - Other service activities not elsewhere classified 21 8,154 4531 - Installation electrical wiring etc. 13 2,729
Recent Companies
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Randomly selected companies from this quarter
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