Watford, Hertfordshire
2011 Annual Business Confidence Report
Headlines
- November 2011 saw a new record in company registrations in Watford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
A total of 1,118 companies were formed in Watford in 2011. This total is 10.5% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Watford UK 2011 1,118 452,870 2010 1,012 400,358 2009 843 362,675 2008 849 349,203 2007 1,607 457,649 Record Year 2007 (1,607) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 533 companies were formed in Watford. This figure is 13.6% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Watford occurred in 2006 when a total of 599 were formed.
Half Year (Jul-Dec) Watford UK 2011 533 224,135 2010 469 196,609 % change 13.6% 14.0% Record Year 2006 (599) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 257 companies were registered in Watford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 7.5% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Watford UK 2011 257 109,623 2010 239 95,117 % change 7.5% 15.3% Record Year 2007 (361) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company registrations in Watford when compared to any previous November.
New Companies by Month
October November December New companies in 2011 72 112 73 New companies in 2010 88 83 68 % change -18.2% 34.9% 7.4% Record Year 2007 (231) 2011 (112) 2006 (106)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 737 companies were dissolved in Watford in 2011. This total is 16.3% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Watford UK 2011 737 314,523 2010 881 342,232 2009 1,919 533,773 2008 779 237,901 2007 587 220,295 Record Year 2009 (1,919) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 382 companies were dissolved in Watford. This figure is 11.0% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Watford occurred in 2009 when a total of 567 were closed.
Half Year (Jul-Dec) Watford UK 2011 382 152,213 2010 429 164,601 % change -11.0% -7.5% Record Year 2009 (567) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 200 companies were dissolved in Watford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 1.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Watford UK 2011 200 79,983 2010 202 76,896 % change -1.0% 4.0% Record Year 2008 (254) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 46 78 76 Closed companies in 2010 84 80 38 % change -45.2% -2.5% 100% Record Year 2010 (84) 2008 (124) 2008 (89)
Net Company Growth
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Annual Data (2011)
A total of 381 companies were added to the company register for Watford in 2011. This number represents growth of 37.6% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 250 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Watford company register grew by 1,020 companies.
Year Watford UK 2011 381 138,347 2010 131 58,126 2009 -1,076 -171,098 2008 70 111,302 2007 1,020 237,354 Record Year 2007 (1,020) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Watford increased by 151 companies.
Half Year (Jul-Dec) Watford UK 2011 151 71,922 2010 40 32,008 Record Year 2006 (360) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Watford during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 57 companies.
fourth quarter (Oct 2011 - Dec 2011) Watford UK 2011 57 29,640 2010 37 18,221 Record Year 2007 (184) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 26 34 -3 Net growth in 2010 4 3 30 Record Year 2007 (168) 2006 (65) 2006 (88)
UK Company Share
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Annual Data (2011)
In 2011 Watford formed 0.2% of all UK companies. This is a decline on 2010 when Watford was responsible for 0.3% of all UK companies.
Year Watford 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.4% Record Year (since 1960) 1962 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Watford formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.
Half Year (Jul-Dec) Watford 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.3% Record Year (since 1960) 1962 (0.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Watford formed 0.2% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Watford 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.4% Record Year (since 1960) 1962 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.2% 0.3% 0.2% UK formation share in 2010 0.3% 0.2% 0.3% % change -28.9% 14.9% -4.8% Record Year 1962 (1.9%) 1970 (1.0%) 1966 (0.9%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 41.5.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 40.9.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 40.9.
The percentage of directors under the age of 25 was 7.6% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Watford was 1857 when 36.4% of all directors were female.
The percentage of female directors in Watford in 2011 was 25.9%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Watford was 1860 when 42.9% of all directors were female.
26.8% of all director appointments in Watford in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Watford was in 1977 when 31.1% of all directors were female.
25.6% of all director appointments in Watford in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.71% CONSULTING 5.07% MANAGEMENT 2.41% MANAGEMENT 4.74% CONSULTANCY 1.93% CONSULTANCY 3.26% WATFORD 1.02% PROPERTY 2.37% INVESTMENTS 1.02% TRADING 2.07% CONSTRUCTION 0.84% DESIGN 1.92% CONSULTANTS 0.72% ASSOCIATES 1.86% PROPERTY 0.66% ENGINEERING 1.78% GLOBAL 0.66% BUSINESS 1.78% IT 0.60% CONSULTANTS 1.76% BUSINESS 0.54% CONSTRUCTION 1.73% MEDIA 0.54% MEDIA 1.71% TRADING 0.54% LONDON 1.63% LONDON 0.48% J 1.51% MAINTENANCE 0.48% INVESTMENTS 1.48% MARKETING 0.48% GLOBAL 1.46% M 0.48% IT 1.41% BUILDING 0.48% CARE 1.39% ASSET 0.42% PROPERTIES 1.29% P 0.42% ELECTRICAL 1.29% TECHNOLOGIES 0.42% M 1.27% CO 0.42% BUILDING 1.26% TEST 0.42% ENERGY 1.25% HOUSE 0.42% S 1.20% MY 0.42% ENTERPRISES 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 453 205,525 7487 - Other business activities 108 57,052 70229 - Management consultancy activities other than financial management 99 17,765 82990 - Other business support service activities not elsewhere classified 58 32,483 7414 - Business & management consultancy 54 13,034 7222 - Other software consultancy and supply 49 7,398 62020 - Information technology consultancy activities 49 12,072 9999 - Dormant Company 48 20,199 96090 - Other service activities not elsewhere classified 36 11,768 99999 - Dormant Company 32 21,846 62090 - Other information technology service activities 31 7,493 7260 - Other computer related activities 28 7,667 69201 - Accounting and auditing activities 22 3,633 9305 - Other service activities 22 9,492 7499 - Non-trading company 19 9,957 74990 - Non-trading company 18 8,929 74909 - Other professional, scientific and technical activities not elsewhere classified 17 8,671 86900 - Other human health activities 12 4,457 4521 - General construction & civil engineering 12 5,558 62012 - Business and domestic software development 11 3,714
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07836179 PRS (TWICKENHAM) LIMITED 04 Nov 2011 07839301 WEBBCON CONSTRUCTION LIMITED 08 Nov 2011 07840411 TOTAL SALES CONSULTANCY LIMITED 09 Nov 2011 07845870 CAFALL CONSULTING LIMITED 14 Nov 2011 07861956 MEAD MEDIA LIMITED 28 Nov 2011 07863629 NICHOLAS DALE LIMITED 29 Nov 2011 07834129 BLUE HOUSE HIRE LIMITED 03 Nov 2011 07840605 LCD DISPATCH LTD 09 Nov 2011 07841355 MANOR INVESTMENTS LIMITED 09 Nov 2011 07844995 IMPERIAL AUTO SERVICES LTD 11 Nov 2011 07845502 INTERSENTINEL LTD. 11 Nov 2011 07848235 UNISHAW LIMITED 15 Nov 2011 07850568 IT SPECIALISTS 4U LIMITED 17 Nov 2011 07866070 FREEDOM TMT LIMITED 30 Nov 2011 07831573 ROBAIRE LIMITED 02 Nov 2011 07846318 JEMIMAH LIMITED 14 Nov 2011 07846784 CARTER VIEW CONSULTING LIMITED 14 Nov 2011 07833892 TEST PLAN 10 LIMITED 03 Nov 2011 07846040 FANTASIA EVENTS LTD 14 Nov 2011 07848213 KARSTEN TOMKINS LIMITED 15 Nov 2011 07848228 ASCENCIA FIRE CONSULTING LIMITED 15 Nov 2011 07852359 PENNYS TRANSPORT LIMITED 18 Nov 2011 07855452 MANTLE NEDRY LTD 21 Nov 2011 07860775 FAST FREE BET LTD 25 Nov 2011 07862982 OSWY LTD 28 Nov 2011
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