Watford, Hertfordshire
2011 Half Year Business Confidence Report
Headlines
- June 2011 saw a new record in company registrations in Watford when compared to any previous June.
- May 2011 saw a new record in company registrations in Watford when compared to any previous May.
- June 2011 saw a new record in net growth in Watford when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 585 companies were formed in Watford. This figure is 7.7% higher than last year, which compares badly to the UK wide figure of 12.3%.
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) Watford UK 2011 585 228,735 2010 543 203,749 % change 7.7% 12.3% Record Year 2007 (1,021) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 312 companies were registered in Watford during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 27.3% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Watford UK 2011 312 112,344 2010 245 98,612 % change 27.3% 13.9% Record Year 2007 (315) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
June 2011 saw a new record in company registrations in Watford when compared to any previous June.
May 2011 saw a new record in company registrations in Watford when compared to any previous May.
New Companies by Month
April May June New companies in 2011 85 113 114 New companies in 2010 77 87 81 % change 10.4% 29.9% 40.7% Record Year 2007 (119) 2011 (113) 2011 (114)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 355 companies were dissolved in Watford. This figure is 21.5% lower than last year, which compares well to the UK wide change of -8.6%.
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) Watford UK 2011 355 162,310 2010 452 177,631 % change -21.5% -8.6% Record Year 2009 (1,352) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 152 companies were dissolved in Watford during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 39.0% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Watford UK 2011 152 71,324 2010 249 94,954 % change -39.0% -24.9% Record Year 2009 (728) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 26 67 59 Closed companies in 2010 55 99 95 % change -52.7% -32.3% -38% Record Year 2009 (226) 2009 (395) 2009 (107)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Watford increased by 230 companies.
Half Year (Jan-Jun) Watford UK 2011 230 66,425 2010 91 26,118 Record Year 2007 (746) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Watford during the second quarter of 2011 (Apr 2011 - Jun 2011) was 160 companies.
second quarter (Apr 2011 - Jun 2011) Watford UK 2011 160 41,020 2010 -4 3,658 Record Year 2007 (181) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
June 2011 saw a new record in net growth in Watford when compared to any previous June.
Net Growth by Month
April May June Net growth in 2011 59 46 55 Net growth in 2010 22 -12 -14 Record Year 2007 (102) 2000 (53) 2011 (55)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Watford formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.
Half Year (Jan-Jun) Watford 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.4% Record Year (since 1960) 1966 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Watford formed 0.3% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Watford 2011 0.3% 2010 0.2% 2009 0.3% 2008 0.2% 2007 0.3% Record Year (since 1960) 1960 (0.8%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.2% 0.3% 0.3% UK formation share in 2010 0.2% 0.3% 0.2% % change 6.8% 2.3% 24.7% Record Year 1960 (1.0%) 1965 (0.9%) 1967 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 41.9.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 41.1.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Watford was 1857 when 40.0% of all directors were female.
24.1% of all director appointments in Watford in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Watford was in 1866 when 66.7% of all directors were female.
26.4% of all director appointments in Watford in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.56% CONSULTING 5.09% CONSULTANCY 1.69% MANAGEMENT 4.86% MANAGEMENT 1.62% CONSULTANCY 3.17% WATFORD 1.06% PROPERTY 2.43% GLOBAL 0.81% TRADING 2.05% MEDIA 0.81% DESIGN 1.94% CONSULTANTS 0.81% ASSOCIATES 1.92% TRADING 0.75% BUSINESS 1.87% IT 0.69% CONSTRUCTION 1.77% ELECTRICAL 0.62% CONSULTANTS 1.76% BUSINESS 0.62% MEDIA 1.73% BUILDING 0.56% ENGINEERING 1.67% CONSTRUCTION 0.56% LONDON 1.60% PROPERTY 0.56% GLOBAL 1.46% INVESTMENTS 0.56% J 1.44% SECURITY 0.50% CARE 1.44% INTERNATIONAL 0.50% INVESTMENTS 1.42% MARKETING 0.50% IT 1.39% NEW 0.44% BUILDING 1.32% GREEN 0.44% PROPERTIES 1.31% J 0.44% ELECTRICAL 1.30% P 0.44% M 1.27% SYSTEMS 0.44% S 1.23% LONDON 0.44% ENTERPRISES 1.20% ENTERPRISE 0.44% SYSTEMS 1.20%
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 463 202,072 7487 - Other business activities 114 60,758 70229 - Management consultancy activities other than financial management 87 16,419 9999 - Dormant Company 62 20,111 7414 - Business & management consultancy 55 13,053 82990 - Other business support service activities not elsewhere classified 54 30,647 7222 - Other software consultancy and supply 49 7,143 62020 - Information technology consultancy activities 44 10,545 99999 - Dormant Company 33 18,918 96090 - Other service activities not elsewhere classified 30 10,322 7499 - Non-trading company 28 10,955 62090 - Other information technology service activities 28 7,095 7260 - Other computer related activities 28 7,849 69201 - Accounting and auditing activities 22 3,394 74990 - Non-trading company 20 8,481 4521 - General construction & civil engineering 19 5,928 74909 - Other professional, scientific and technical activities not elsewhere classified 17 7,835 9305 - Other service activities 15 9,063 43210 - Electrical installation 14 3,085 4531 - Installation electrical wiring etc. 14 2,037
Recent Companies
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Randomly selected companies from this quarter
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