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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

  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 (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)WatfordUK
    2011276114,512
    2010230101,492
    % change20.0%12.8%
    Record Year 2006 (305) 2011 (114,512)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20118110887
    New companies in 2010727187
    % change12.5%52.1%0.0%
    Record Year2004 (103)2011 (108)2006 (121)

Closed Companies (dissolved)

  1. 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)WatfordUK
    201118272,230
    201022787,705
    % change-19.8%-17.6%
    Record Year 2009 (364) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011595964
    Closed companies in 2010718769
    % change-16.9%-32.2%-7%
    Record Year2010 (71)2008 (154)2009 (205)

Net Company Growth

  1. 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)WatfordUK
    20119442,282
    2010313,787
    Record Year 2006 (179) 2003 (60,597)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2011224923
    Net growth in 20101-1618
    Record Year2004 (68)2011 (49)2006 (90)

UK Company Share

  1. 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
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    Record Year (since 1960) 1973 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.2%0.3%0.2%
    UK formation share in 20100.2%0.2%0.2%
    % change2.9%28.0%-9.7%
    Record Year1973 (1.3%)1964 (1.1%)1970 (1.0%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.66%CONSULTING5.11%
    MANAGEMENT1.88%MANAGEMENT4.75%
    CONSULTANCY1.81%CONSULTANCY3.19%
    WATFORD0.97%PROPERTY2.41%
    INVESTMENTS0.79%TRADING2.06%
    CONSTRUCTION0.67%DESIGN1.94%
    IT0.60%ASSOCIATES1.85%
    BUILDING0.60%BUSINESS1.82%
    GLOBAL0.60%CONSULTANTS1.76%
    CONSULTANTS0.60%ENGINEERING1.74%
    TRADING0.60%MEDIA1.72%
    MEDIA0.54%CONSTRUCTION1.72%
    LONDON0.54%LONDON1.63%
    PROPERTY0.48%J1.47%
    BUSINESS0.48%GLOBAL1.46%
    M0.48%INVESTMENTS1.43%
    INTERNATIONAL0.48%CARE1.42%
    MARKETING0.48%IT1.38%
    P0.48%BUILDING1.30%
    CO0.48%PROPERTIES1.28%
    ASSOCIATES0.42%ELECTRICAL1.27%
    ELECTRICAL0.42%M1.25%
    VENTURES0.36%ENERGY1.22%
    CLEANING0.36%TRAINING1.21%
    CARE0.36%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied459204,493
    7487 - Other business activities11865,177
    70229 - Management consultancy activities other than financial management8515,760
    7414 - Business & management consultancy6014,755
    9999 - Dormant Company5922,587
    7222 - Other software consultancy and supply588,345
    82990 - Other business support service activities not elsewhere classified5329,245
    62020 - Information technology consultancy activities4310,137
    7260 - Other computer related activities318,686
    99999 - Dormant Company3118,281
    96090 - Other service activities not elsewhere classified3010,018
    62090 - Other information technology service activities286,798
    69201 - Accounting and auditing activities233,271
    9305 - Other service activities2310,525
    7499 - Non-trading company2211,543
    74990 - Non-trading company188,064
    74909 - Other professional, scientific and technical activities not elsewhere classified177,551
    7412 - Accounting, auditing; tax consult142,802
    4521 - General construction & civil engineering146,321
    43210 - Electrical installation142,938

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07758893 NEXGEN STUDIOS LTD 01 Sep 2011
    07762719 PARKSEC REAL ESTATE INVESTMENTS LIMITED 05 Sep 2011
    07769308 TOPLAND (STEVENAGE) LTD 12 Sep 2011
    07762772 PARKHALL ESTATES (SECURITIES) LIMITED 05 Sep 2011
    07778250 I BILL U LIMITED 19 Sep 2011
    07781043 GSK PROPERTY LTD 21 Sep 2011
    OC367880 SUPER LAUNDRY LLP 08 Sep 2011
    07791709 LHPS CONSULTANCY LIMITED 29 Sep 2011
    07792203 SERISYS LIMITED 29 Sep 2011
    07761321 D&C TRADERS LTD 05 Sep 2011
    07770136 ISUN SOLUTIONS LTD 12 Sep 2011
    07777101 LW P3 SUPPORT LIMITED 16 Sep 2011
    07792598 DISTRICT WINDOWS & OFFICE CLEANING SERVICES LIMITED 30 Sep 2011
    07767375 ORLA HILL LTD 08 Sep 2011
    07779491 M&J REAL ESTATE LIMITED 20 Sep 2011
    07782658 KEM MEDINA ENTREPRISES LTD 21 Sep 2011
    07791401 PINNER CONSTRUCTION LIMITED 29 Sep 2011
    07760241 SC PROFESSIONAL LTD 02 Sep 2011
    07760456 KEITH JOHNSON CONSULTANCY LTD 02 Sep 2011
    07768569 REUBENB SOLUTIONS LTD 09 Sep 2011
    07769991 L.R MAINTENANCE LIMITED 12 Sep 2011
    07770745 S THOMMANDRU MEDICAL LTD 12 Sep 2011
    07771298 LTSD LIMITED 13 Sep 2011
    07761844 STONE MARK MEDIA LIMITED 05 Sep 2011
    07783023 24SEVEN GROUP LTD 22 Sep 2011