Watford, Hertfordshire

2010 Half Year 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. 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)WatfordUK
    2010543203,749
    2009437182,021
    % change24.3%11.9%
    Record Year2007 (1,021)2007 (279,097)
    New Companies by Half Year
  2. 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)WatfordUK
    201024598,612
    200923390,987
    % change5.2%8.4%
    Record Year 2007 (315) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010778781
    New companies in 2009716795
    % change8.5%29.9%-14.7%
    Record Year2007 (119)2007 (103)2006 (107)

Closed Companies (dissolved)

  1. 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)WatfordUK
    2010452177,631
    20091,352289,236
    % change-66.6%-38.6%
    Record Year2009 (1,352)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)WatfordUK
    201024994,954
    2009728181,176
    % change-65.8%-47.6%
    Record Year 2009 (728) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010559995
    Closed companies in 2009226395107
    % change-75.7%-74.9%-11%
    Record Year2009 (226)2009 (395)2009 (107)

Net Company Growth

  1. 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)WatfordUK
    20109126,118
    2009-915-107,215
    Record Year2007 (746)2007 (171,296)
    Net Growth by Half Year
  2. 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)WatfordUK
    2010-43,658
    2009-495-90,189
    Record Year 2007 (181) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201022-12-14
    Net growth in 2009-155-328-12
    Record Year2007 (102)2000 (53)2006 (54)

UK Company Share

  1. 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
    20100.3%
    20090.2%
    20080.2%
    20070.4%
    20060.3%
    Record Year (since 1960) 1966 (0.6%)
    Company Share by Half Year
  2. 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
    20100.2%
    20090.3%
    20080.2%
    20070.3%
    20060.3%
    Record Year (since 1960) 1960 (0.8%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.2%0.3%0.2%
    UK formation share in 20090.2%0.2%0.3%
    % change-0.2%23.8%-23.3%
    Record Year1960 (1.0%)1965 (0.9%)1967 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.45%MANAGEMENT5.01%
    CONSULTANCY1.70%CONSULTING4.79%
    MANAGEMENT1.50%CONSULTANCY3.02%
    IT1.23%PROPERTY2.40%
    CONSULTANTS1.02%ASSOCIATES2.02%
    TRADING0.95%TRADING2.01%
    CARE0.68%DESIGN1.91%
    J0.68%CONSTRUCTION1.85%
    CONSTRUCTION0.61%MEDIA1.80%
    GLOBAL0.61%BUSINESS1.75%
    DESIGN0.54%CONSULTANTS1.71%
    SERVICE0.54%INTERNATIONAL1.59%
    BUILDING0.54%ENGINEERING1.56%
    B0.48%LONDON1.52%
    LONDON0.48%INVESTMENTS1.49%
    CLEANING0.48%J1.46%
    WATFORD0.48%CARE1.41%
    BUSINESS0.48%GLOBAL1.39%
    SECURITY0.48%PROPERTIES1.35%
    M0.48%BUILDING1.33%
    CARS0.41%M1.29%
    CO0.41%IT1.28%
    S0.41%ELECTRICAL1.27%
    MARKETING0.41%GROUP1.25%
    C0.41%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied523207,125
    55100 - Hotels and similar accommodation139793
    7487 - Other business activities12768,525
    7414 - Business & management consultancy6714,598
    9999 - Dormant Company6019,842
    70229 - Management consultancy activities other than financial management5213,490
    7222 - Other software consultancy and supply518,285
    82990 - Other business support service activities not elsewhere classified4525,942
    4521 - General construction & civil engineering418,262
    62020 - Information technology consultancy activities378,590
    7499 - Non-trading company3413,997
    7260 - Other computer related activities309,122
    62090 - Other information technology service activities255,854
    9305 - Other service activities248,822
    99999 - Dormant Company2114,342
    7011 - Development & sell real estate204,579
    96090 - Other service activities not elsewhere classified167,922
    4531 - Installation electrical wiring etc.152,504
    7412 - Accounting, auditing; tax consult142,571
    43210 - Electrical installation122,859

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07285555 APB IT SOLUTIONS LIMITED 15 Jun 2010
    07284850 NIXON & TOULSON CONSULTANTS LIMITED 15 Jun 2010
    07283444 TALENTUS LIMITED 14 Jun 2010
    07282031 NORTHWOOD EXECUTIVE LIMITED 11 Jun 2010
    07275854 SYSTEMFX LIMITED 07 Jun 2010
    07270646 CHELSEA ANAESTHESIA LIMITED 01 Jun 2010
    07268949 OPTIMAL OUTSOURCING ADVISORS LIMITED 01 Jun 2010
    07298515 HELACOM LTD 29 Jun 2010
    07298221 TARBOUSH LIMITED 29 Jun 2010
    07288012 THE RENEWABLE POWER EXCHANGE LTD 17 Jun 2010
    07283398 RADIANT VENTURE LIMITED 14 Jun 2010
    07283086 A MINHAS CONSULTANTS LIMITED 14 Jun 2010
    07271344 WATFORD BUILDING SERVICE LTD 02 Jun 2010
    07280761 GADE CLOSE REVERSIONS LTD 10 Jun 2010
    07299789 CARVER TRADING LIMITED 30 Jun 2010
    07299689 FRESH EGO KID LIMITED 30 Jun 2010
    07298347 TB TECH SERVICES LIMITED 29 Jun 2010
    07292850 CONNOR MANAGEMENT LIMITED 23 Jun 2010
    07291298 SECURE PUNTER UK LTD 22 Jun 2010
    07281038 CONSULMAX LIMITED 11 Jun 2010
    07274023 THE ECLIPSE INDUSTRIAL CENTRE (WATFORD) MANAGEMENT COMPANY LIMITED 04 Jun 2010
    07273759 FIDELIMAGES LIMITED 04 Jun 2010
    OC355833 TWO MUGS LLP 22 Jun 2010
    07281620 TOPSHIELD SECURITY LIMITED 11 Jun 2010
    07280532 AESCULPTERA LIMITED 10 Jun 2010