Watford, Hertfordshire
Q1 2011 Business Confidence Report
Contents
New Company Registrations
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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) Watford UK 2011 273 116,391 2010 298 105,137 % change -8.4% 10.7% Record Year 2007 (706) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 89 85 99 New companies in 2010 70 102 126 % change 27.1% -16.7% -21.4% Record Year 2007 (103) 2007 (125) 2007 (478)
Closed Companies (dissolved)
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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) Watford UK 2011 203 90,986 2010 203 82,677 % change 0.0% 10.0% Record Year 2009 (624) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Dissolved Companies by Month
January February March Closed companies in 2011 79 57 67 Closed companies in 2010 37 70 96 % change 113.5% -18.6% -30% Record Year 2009 (159) 2008 (89) 2009 (376)
Net Company Growth
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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) Watford UK 2011 70 25,405 2010 95 22,460 Record Year 2007 (565) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 10 28 32 Net growth in 2010 33 32 30 Record Year 2007 (54) 2007 (74) 2007 (437)
UK Company Share
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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 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.4% Record Year (since 1960) 1966 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.2% 0.2% UK formation share in 2010 0.2% 0.3% 0.3% % change 9.7% -26.7% -25.0% Record Year 1964 (1.1%) 1969 (1.1%) 1968 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.83% CONSULTING 5.04% MANAGEMENT 1.78% MANAGEMENT 4.97% CONSULTANCY 1.51% CONSULTANCY 3.16% CONSULTANTS 1.25% PROPERTY 2.38% IT 0.86% TRADING 2.10% BUSINESS 0.72% DESIGN 1.93% WATFORD 0.72% ASSOCIATES 1.92% MEDIA 0.66% BUSINESS 1.87% GLOBAL 0.66% CONSTRUCTION 1.80% TRADING 0.66% CONSULTANTS 1.76% BUILDING 0.66% MEDIA 1.69% ELECTRICAL 0.66% ENGINEERING 1.61% SECURITY 0.66% LONDON 1.60% CONSTRUCTION 0.59% CARE 1.45% CLEANING 0.53% J 1.45% INTERNATIONAL 0.53% GLOBAL 1.44% J 0.53% INVESTMENTS 1.43% DESIGN 0.46% IT 1.41% MARKETING 0.46% PROPERTIES 1.36% LONDON 0.46% BUILDING 1.34% SYSTEMS 0.46% M 1.30% CO. 0.39% ELECTRICAL 1.28% GREEN 0.39% S 1.24% PROJECTS 0.39% INTERNATIONAL 1.23% MY 0.39% SYSTEMS 1.23%
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 475 202,798 7487 - Other business activities 109 60,968 70229 - Management consultancy activities other than financial management 84 16,150 7414 - Business & management consultancy 61 12,916 9999 - Dormant Company 57 19,765 82990 - Other business support service activities not elsewhere classified 49 30,253 7222 - Other software consultancy and supply 45 7,000 62020 - Information technology consultancy activities 42 10,246 99999 - Dormant Company 32 18,336 7499 - Non-trading company 30 11,316 62090 - Other information technology service activities 29 6,996 96090 - Other service activities not elsewhere classified 29 10,085 7260 - Other computer related activities 27 7,789 69201 - Accounting and auditing activities 25 3,436 9305 - Other service activities 19 8,740 4521 - General construction & civil engineering 17 6,183 74990 - Non-trading company 17 8,695 4531 - Installation electrical wiring etc. 15 2,072 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,788 43210 - Electrical installation 12 3,172
Recent Companies
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Randomly selected companies from this quarter
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