Watford, Hertfordshire
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 543 companies were formed in Watford. This figure is 24.3% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Watford occurred in 2007 when a total of 1,021 were formed.
Half Year (Jan-Jun) Watford UK 2010 543 203,749 2009 437 182,021 % change 24.3% 11.9% Record Year 2007 (1,021) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 245 companies were registered in Watford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 5.2% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Watford UK 2010 245 98,612 2009 233 90,987 % change 5.2% 8.4% Record Year 2007 (315) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 77 87 81 New companies in 2009 71 67 95 % change 8.5% 29.9% -14.7% Record Year 2007 (119) 2007 (103) 2006 (107)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 452 companies were dissolved in Watford. This figure is 66.6% lower than last year, which compares well to the UK wide change of -38.6%.
The highest total for a first half year in Watford occurred in 2009 when a total of 1,352 were closed.
Half Year (Jan-Jun) Watford UK 2010 452 177,631 2009 1,352 289,236 % change -66.6% -38.6% Record Year 2009 (1,352) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 249 companies were dissolved in Watford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 65.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Watford UK 2010 249 94,954 2009 728 181,176 % change -65.8% -47.6% Record Year 2009 (728) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 55 99 95 Closed companies in 2009 226 395 107 % change -75.7% -74.9% -11% Record Year 2009 (226) 2009 (395) 2009 (107)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Watford increased by 91 companies.
Half Year (Jan-Jun) Watford UK 2010 91 26,118 2009 -915 -107,215 Record Year 2007 (746) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Watford during the second quarter of 2010 (Apr 2010 - Jun 2010) was -4 companies.
second quarter (Apr 2010 - Jun 2010) Watford UK 2010 -4 3,658 2009 -495 -90,189 Record Year 2007 (181) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 22 -12 -14 Net growth in 2009 -155 -328 -12 Record Year 2007 (102) 2000 (53) 2006 (54)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Watford formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.
Half Year (Jan-Jun) Watford 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.4% 2006 0.3% Record Year (since 1960) 1966 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Watford formed 0.2% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Watford 2010 0.2% 2009 0.3% 2008 0.2% 2007 0.3% 2006 0.3% Record Year (since 1960) 1960 (0.8%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.2% 0.3% 0.2% UK formation share in 2009 0.2% 0.2% 0.3% % change -0.2% 23.8% -23.3% Record Year 1960 (1.0%) 1965 (0.9%) 1967 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 42.4.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.3.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Watford was 1857 when 40.0% of all directors were female.
24.9% of all director appointments in Watford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Watford was in 1866 when 66.7% of all directors were female.
24.6% of all director appointments in Watford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.45% MANAGEMENT 5.01% CONSULTANCY 1.70% CONSULTING 4.79% MANAGEMENT 1.50% CONSULTANCY 3.02% IT 1.23% PROPERTY 2.40% CONSULTANTS 1.02% ASSOCIATES 2.02% TRADING 0.95% TRADING 2.01% CARE 0.68% DESIGN 1.91% J 0.68% CONSTRUCTION 1.85% CONSTRUCTION 0.61% MEDIA 1.80% GLOBAL 0.61% BUSINESS 1.75% DESIGN 0.54% CONSULTANTS 1.71% SERVICE 0.54% INTERNATIONAL 1.59% BUILDING 0.54% ENGINEERING 1.56% B 0.48% LONDON 1.52% LONDON 0.48% INVESTMENTS 1.49% CLEANING 0.48% J 1.46% WATFORD 0.48% CARE 1.41% BUSINESS 0.48% GLOBAL 1.39% SECURITY 0.48% PROPERTIES 1.35% M 0.48% BUILDING 1.33% CARS 0.41% M 1.29% CO 0.41% IT 1.28% S 0.41% ELECTRICAL 1.27% MARKETING 0.41% GROUP 1.25% C 0.41% DEVELOPMENTS 1.25%
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 523 207,125 55100 - Hotels and similar accommodation 139 793 7487 - Other business activities 127 68,525 7414 - Business & management consultancy 67 14,598 9999 - Dormant Company 60 19,842 70229 - Management consultancy activities other than financial management 52 13,490 7222 - Other software consultancy and supply 51 8,285 82990 - Other business support service activities not elsewhere classified 45 25,942 4521 - General construction & civil engineering 41 8,262 62020 - Information technology consultancy activities 37 8,590 7499 - Non-trading company 34 13,997 7260 - Other computer related activities 30 9,122 62090 - Other information technology service activities 25 5,854 9305 - Other service activities 24 8,822 99999 - Dormant Company 21 14,342 7011 - Development & sell real estate 20 4,579 96090 - Other service activities not elsewhere classified 16 7,922 4531 - Installation electrical wiring etc. 15 2,504 7412 - Accounting, auditing; tax consult 14 2,571 43210 - Electrical installation 12 2,859
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07266838 INFOGEN CONSULTANTS LIMITED 27 May 2010 07261066 MAKE EASY CONSULTING LIMITED 21 May 2010 07256066 CASSSOLUTIONS LIMITED 17 May 2010 07254031 GREAT AFRICAN INVESTMENTS LIMITED 14 May 2010 07252725 WRL CONSULTANTS LIMITED 13 May 2010 07251114 KAIZEN PHARMA LIMITED 12 May 2010 07250016 DYLAN LETTINGS WORLDWIDE LIMITED 11 May 2010 07247992 MAF CONSULTING LTD 10 May 2010 07247524 BLL ONLINE LTD 10 May 2010 07243662 POLIANT CONSULTING LTD 05 May 2010 07241172 LLOYDS PR LTD 04 May 2010 07256441 LYME RESOURCES LTD 18 May 2010 07251944 AGILE CMS SOLUTIONS LIMITED 12 May 2010 07251089 EHAWKS LIMITED 12 May 2010 07247198 FIELDKONTROL SYESTEM ENGINEERING LIMITED 10 May 2010 07245750 S.O.A. INTEGRATION SOLUTIONS LIMITED 06 May 2010 07245314 GERALD STOW LTD 06 May 2010 07263494 PUSH4MORE LTD 24 May 2010 07260343 HOMEBRITE CLEANING LIMITED 20 May 2010 07247071 4FELLAS BARBERS LIMITED 07 May 2010 07267342 RJH ACCOUNTING SERVICES LIMITED 27 May 2010 07241585 5STAR AGENCY LTD 04 May 2010 07260745 VILLA ROMANA RESTAURANT LTD 21 May 2010 07260666 ONSHORE SUPPORT SERVICES (UK) LIMITED 20 May 2010 07249745 AKK SOLUTIONS LTD. 11 May 2010
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