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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
    07583725 HARLEQUIN WINDOWS AND DOORS LIMITED 30 Mar 2011
    07581341 BLOSSOM TRUST 28 Mar 2011
    07580025 KEYHURST LIMITED 28 Mar 2011
    07574284 THE VAIZEY CLINIC LIMITED 22 Mar 2011
    07573932 IP6 LIMITED 22 Mar 2011
    07565467 PARADISE HOLIDAY LIMITED 16 Mar 2011
    07553581 SRM MANAGEMENT CONSULTANCY LIMITED 07 Mar 2011
    OC363223 EIGHT AS LLP 29 Mar 2011
    07585572 RISK FOCUSED LTD 31 Mar 2011
    07574659 EVOTEL INTERNATIONAL LIMITED 23 Mar 2011
    07557825 FLAIR SOFTWARE LTD 09 Mar 2011
    07553854 CARING AND SHARING HEALTH LIMITED 07 Mar 2011
    OC362916 OCTOPUS DEVELOPMENTS LLP 18 Mar 2011
    07579327 DIRECT SAVE SOLAR LTD 25 Mar 2011
    07578481 CUZNER VFX LIMITED 25 Mar 2011
    07550163 THRILL SEEKERZ PRODUCTIONS LTD 03 Mar 2011
    07585484 KANAK LTD 31 Mar 2011
    07571723 AB LIGHTING LIMITED 21 Mar 2011
    07571543 UK DISPLAY & AWNINGS LTD 21 Mar 2011
    07559236 NEW BUSINESS LTD 10 Mar 2011
    07551348 PARTH TECHNOLOGY SERVICES LTD 03 Mar 2011
    07547698 WINDOWCARE SOLUTIONS LIMITED 02 Mar 2011
    07567097 DH VENEER COMPANY LIMITED 16 Mar 2011
    07549651 YOURTILITIES LIMITED 03 Mar 2011
    07549315 MANOR DOG TRAINING SERVICES LTD 02 Mar 2011