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Watford, Hertfordshire

Q1 2011 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 2011)

    A total of 273 companies were registered in Watford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 8.4% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)WatfordUK
    2011273116,391
    2010298105,137
    % change-8.4%10.7%
    Record Year 2007 (706) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011898599
    New companies in 201070102126
    % change27.1%-16.7%-21.4%
    Record Year2007 (103)2007 (125)2007 (478)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 203 companies were dissolved in Watford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 0.0% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)WatfordUK
    201120390,986
    201020382,677
    % change0.0%10.0%
    Record Year 2009 (624) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011795767
    Closed companies in 2010377096
    % change113.5%-18.6%-30%
    Record Year2009 (159)2008 (89)2009 (376)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Watford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 70 companies.

    first quarter (Jan 2011 - Mar 2011)WatfordUK
    20117025,405
    20109522,460
    Record Year 2007 (565) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011102832
    Net growth in 2010333230
    Record Year2007 (54)2007 (74)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Watford formed 0.2% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Watford
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    20070.4%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.2%0.2%
    UK formation share in 20100.2%0.3%0.3%
    % change9.7%-26.7%-25.0%
    Record Year1964 (1.1%)1969 (1.1%)1968 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 42.9.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Watford was in 1861 when 40.0% of all directors were female.

    21.6% of all director appointments in Watford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING2.83%CONSULTING5.04%
    MANAGEMENT1.78%MANAGEMENT4.97%
    CONSULTANCY1.51%CONSULTANCY3.16%
    CONSULTANTS1.25%PROPERTY2.38%
    IT0.86%TRADING2.10%
    BUSINESS0.72%DESIGN1.93%
    WATFORD0.72%ASSOCIATES1.92%
    MEDIA0.66%BUSINESS1.87%
    GLOBAL0.66%CONSTRUCTION1.80%
    TRADING0.66%CONSULTANTS1.76%
    BUILDING0.66%MEDIA1.69%
    ELECTRICAL0.66%ENGINEERING1.61%
    SECURITY0.66%LONDON1.60%
    CONSTRUCTION0.59%CARE1.45%
    CLEANING0.53%J1.45%
    INTERNATIONAL0.53%GLOBAL1.44%
    J0.53%INVESTMENTS1.43%
    DESIGN0.46%IT1.41%
    MARKETING0.46%PROPERTIES1.36%
    LONDON0.46%BUILDING1.34%
    SYSTEMS0.46%M1.30%
    CO.0.39%ELECTRICAL1.28%
    GREEN0.39%S1.24%
    PROJECTS0.39%INTERNATIONAL1.23%
    MY0.39%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied475202,798
    7487 - Other business activities10960,968
    70229 - Management consultancy activities other than financial management8416,150
    7414 - Business & management consultancy6112,916
    9999 - Dormant Company5719,765
    82990 - Other business support service activities not elsewhere classified4930,253
    7222 - Other software consultancy and supply457,000
    62020 - Information technology consultancy activities4210,246
    99999 - Dormant Company3218,336
    7499 - Non-trading company3011,316
    62090 - Other information technology service activities296,996
    96090 - Other service activities not elsewhere classified2910,085
    7260 - Other computer related activities277,789
    69201 - Accounting and auditing activities253,436
    9305 - Other service activities198,740
    4521 - General construction & civil engineering176,183
    74990 - Non-trading company178,695
    4531 - Installation electrical wiring etc.152,072
    74909 - Other professional, scientific and technical activities not elsewhere classified157,788
    43210 - Electrical installation123,172

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07503821 JAYAA LIMITED 24 Jan 2011
    07503662 TJX EUROPE BUYING LIMITED 24 Jan 2011
    07501939 KINECT CONSULTANCY LTD 21 Jan 2011
    07499281 CIVIL KIWI HIGHWAY SERVICES LIMITED 20 Jan 2011
    07498971 JKLP CONSULTING LIMITED 19 Jan 2011
    07496828 TJX EUROPE BUYING (POLSKA) LIMITED 18 Jan 2011
    07496048 RAM123 LIMITED 18 Jan 2011
    07492846 MOMENTUM MARKETING SOLUTIONS LIMITED 14 Jan 2011
    07490284 GANDHI GLOBAL VENTURES LIMITED 12 Jan 2011
    07501275 CRAFT TUB LIMITED 21 Jan 2011
    07495061 GASCO SERVICES LONDON LIMITED 17 Jan 2011
    07493075 LONDONS ABLED & DISABLED FACILITIES LIMITED 14 Jan 2011
    07484788 VERSO GROUP (UK) LIMITED 06 Jan 2011
    OC360914 NEOGENE TRADING LLP 14 Jan 2011
    07500686 GLITTER ME LTD. 21 Jan 2011
    07492741 CLOUD DINE LTD 14 Jan 2011
    07489758 SPORTS VISION PLUS LIMITED 12 Jan 2011
    07489643 MINMAX ELECTRONICS LIMITED 12 Jan 2011
    07482473 TREECALL COMMUNICATIONS LIMITED 05 Jan 2011
    07504511 LONDEN LTD 25 Jan 2011
    07491613 WHEEL RECYCLE LTD 13 Jan 2011
    07480921 G S P CIVIL ENGINEERING LTD 04 Jan 2011
    07509022 GARSTON CAFE LIMITED 28 Jan 2011
    07503489 JAI AMBE COURIER LIMITED 24 Jan 2011
    07499184 KING PIRI PIRI LIMITED 19 Jan 2011