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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07131246 IMKP LIMITED 20 Jan 2010 07128070 INVESTMENT DEVELOPMENT LTD 18 Jan 2010 07126659 J NOONE CONSULTANCY LIMITED 15 Jan 2010 07124605 BLACKBUCK LIMITED 13 Jan 2010 07123334 KEY TOURS LIMITED 12 Jan 2010 07122694 ALASTAIR ROBERTSON EXECUTIVE COACHING & CONSULTANCY LTD 12 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 07116091 PFGA LIMITED 05 Jan 2010 07134691 BROWN AND BROUGHAM LIMITED 25 Jan 2010 07134589 MOTION SECURITY SERVICES AND SOLUTIONS LIMITED 25 Jan 2010 07133625 YUYUSTU CONSULTING LTD 22 Jan 2010 07127826 ICE AND A SLICE LIMITED 17 Jan 2010 07117679 AMT CONSTRUCTION LTD 06 Jan 2010 07115364 THE BUSINESS TELEPHONE NETWORK LIMITED 04 Jan 2010 07138791 GEO-SOLIDS LTD 28 Jan 2010 07135523 HOMESPACESOLUIONS LIMITED 26 Jan 2010 07134883 BARCAN LIMITED 25 Jan 2010 07133719 CFDS (PRO) LTD. 22 Jan 2010 07120124 VVT MEDIA LTD 08 Jan 2010 07138977 7MILES CONSULTING LTD 28 Jan 2010 07132706 HICKEY HEATING SPARES LIMITED 21 Jan 2010 07127893 LONDACOUNT LTD 18 Jan 2010
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