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
    07170718 IAN ABREY LIMITED 26 Feb 2010
    07169502 CYBERNET SYSTEMS LTD 25 Feb 2010
    07168709 WINJIM LIMITED 25 Feb 2010
    07167786 MEETEN NATHWANI LIMITED 24 Feb 2010
    07167570 YATOBA TRADE FINANCE LIMITED 24 Feb 2010
    07166060 TRUCKERS CLASS ROOM LIMITED 23 Feb 2010
    07163590 ILLUMINATI BARS LIMITED 19 Feb 2010
    07155727 M C MINETT LIMITED 12 Feb 2010
    07153670 NOTT CONSULTANCY LIMITED 10 Feb 2010
    07152558 NEAL CARTER LIMITED 10 Feb 2010
    07143090 TEXEMTEL LTD 02 Feb 2010
    07165245 POSTURE PERFECT PILATES LTD 23 Feb 2010
    07164963 BOB BAYLEY CONSULTANCY LTD 22 Feb 2010
    07160757 RICHARD WILLIAMS COMPUTER SALES & SERVICES LIMITED 17 Feb 2010
    07152076 FRIXMORE LTD 09 Feb 2010
    07151672 NEW HAT ENTERTAINMENT LTD 09 Feb 2010
    07150011 IQ GLASS SOLUTIONS LIMITED 08 Feb 2010
    07146902 GLAD WAGS HAIR AND BEAUTY LIMITED 04 Feb 2010
    07145634 GREENFIELD PROJECT CONSULTING LIMITED 04 Feb 2010
    07142816 CORENET TECHNOLOGIES LIMITED 02 Feb 2010
    07150044 UK BRASS LIMITED 08 Feb 2010
    07169306 DOUBLE EXPOSURE PHOTOGRAPHY LIMITED 25 Feb 2010
    07168161 ERNEST HOLMES LIMITED 24 Feb 2010
    07158513 ESHOP4LESS LTD 16 Feb 2010
    07141556 3D EYEWEAR LTD 01 Feb 2010