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
    07266838 INFOGEN CONSULTANTS LIMITED 27 May 2010
    07265668 ONE 0F ONE LTD 26 May 2010
    07262839 INFAPOWER BATTERIES LIMITED 24 May 2010
    07261281 RAW TOUCH LTD 21 May 2010
    07252643 GRIDLOCK MEDIA LIMITED 13 May 2010
    07250016 DYLAN LETTINGS WORLDWIDE LIMITED 11 May 2010
    07249675 TERA MERA LIMITED 11 May 2010
    07247992 MAF CONSULTING LTD 10 May 2010
    07247922 INFOSYS CONSULTING LIMITED 10 May 2010
    07244204 SOUTHBOROUGH CARE HOME LIMITED 05 May 2010
    07243088 FIZZTENT CONSULTING LIMITED 05 May 2010
    07266163 FIZZBOX LTD 26 May 2010
    07262045 THE VIRTUAL TRANSCRIPTION SERVICE LIMITED 21 May 2010
    07260977 R4R HOME CARE SERVICE LTD 21 May 2010
    07244282 AURIENT K6 LTD 05 May 2010
    07243369 NEW RUBY TRADING LIMITED 05 May 2010
    07242019 E-FORUM UK LIMITED 04 May 2010
    07263494 PUSH4MORE LTD 24 May 2010
    07251733 ORBITAL CLEANING LIMITED 12 May 2010
    07247071 4FELLAS BARBERS LIMITED 07 May 2010
    07255519 MYERS PROJECTS LIMITED 17 May 2010
    07264160 FRESH COMPUTING LTD 25 May 2010
    07263114 BEMATTS SERVICES LTD 24 May 2010
    07258858 ALL THE BABIES LIMITED 19 May 2010
    07249745 AKK SOLUTIONS LTD. 11 May 2010