Watford, Hertfordshire
Q3 2011 Business Confidence Report
Headlines
- August 2011 saw a new record in company registrations in Watford when compared to any previous August.
- August 2011 saw a new record in net growth in Watford when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 276 companies were registered in Watford during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 20.0% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Watford UK 2011 276 114,512 2010 230 101,492 % change 20.0% 12.8% Record Year 2006 (305) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
August 2011 saw a new record in company registrations in Watford when compared to any previous August.
New Companies by Month
July August September New companies in 2011 81 108 87 New companies in 2010 72 71 87 % change 12.5% 52.1% 0.0% Record Year 2004 (103) 2011 (108) 2006 (121)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 182 companies were dissolved in Watford during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is a decrease of 19.8% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Watford UK 2011 182 72,230 2010 227 87,705 % change -19.8% -17.6% Record Year 2009 (364) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 59 59 64 Closed companies in 2010 71 87 69 % change -16.9% -32.2% -7% Record Year 2010 (71) 2008 (154) 2009 (205)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Net company growth for Watford during the third quarter of 2011 (Jul 2011 - Sep 2011) was 94 companies.
third quarter (Jul 2011 - Sep 2011) Watford UK 2011 94 42,282 2010 3 13,787 Record Year 2006 (179) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
August 2011 saw a new record in net growth in Watford when compared to any previous August.
Net Growth by Month
July August September Net growth in 2011 22 49 23 Net growth in 2010 1 -16 18 Record Year 2004 (68) 2011 (49) 2006 (90)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Watford formed 0.2% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Watford 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% Record Year (since 1960) 1973 (0.9%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.2% 0.3% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change 2.9% 28.0% -9.7% Record Year 1973 (1.3%) 1964 (1.1%) 1970 (1.0%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 40.9.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Watford was in 1862 when 50.0% of all directors were female.
27.9% of all director appointments in Watford in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.66% CONSULTING 5.11% MANAGEMENT 1.88% MANAGEMENT 4.75% CONSULTANCY 1.81% CONSULTANCY 3.19% WATFORD 0.97% PROPERTY 2.41% INVESTMENTS 0.79% TRADING 2.06% CONSTRUCTION 0.67% DESIGN 1.94% IT 0.60% ASSOCIATES 1.85% BUILDING 0.60% BUSINESS 1.82% GLOBAL 0.60% CONSULTANTS 1.76% CONSULTANTS 0.60% ENGINEERING 1.74% TRADING 0.60% MEDIA 1.72% MEDIA 0.54% CONSTRUCTION 1.72% LONDON 0.54% LONDON 1.63% PROPERTY 0.48% J 1.47% BUSINESS 0.48% GLOBAL 1.46% M 0.48% INVESTMENTS 1.43% INTERNATIONAL 0.48% CARE 1.42% MARKETING 0.48% IT 1.38% P 0.48% BUILDING 1.30% CO 0.48% PROPERTIES 1.28% ASSOCIATES 0.42% ELECTRICAL 1.27% ELECTRICAL 0.42% M 1.25% VENTURES 0.36% ENERGY 1.22% CLEANING 0.36% TRAINING 1.21% CARE 0.36% S 1.21%
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 459 204,493 7487 - Other business activities 118 65,177 70229 - Management consultancy activities other than financial management 85 15,760 7414 - Business & management consultancy 60 14,755 9999 - Dormant Company 59 22,587 7222 - Other software consultancy and supply 58 8,345 82990 - Other business support service activities not elsewhere classified 53 29,245 62020 - Information technology consultancy activities 43 10,137 7260 - Other computer related activities 31 8,686 99999 - Dormant Company 31 18,281 96090 - Other service activities not elsewhere classified 30 10,018 62090 - Other information technology service activities 28 6,798 69201 - Accounting and auditing activities 23 3,271 9305 - Other service activities 23 10,525 7499 - Non-trading company 22 11,543 74990 - Non-trading company 18 8,064 74909 - Other professional, scientific and technical activities not elsewhere classified 17 7,551 7412 - Accounting, auditing; tax consult 14 2,802 4521 - General construction & civil engineering 14 6,321 43210 - Electrical installation 14 2,938
Recent Companies
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Randomly selected companies from this quarter
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