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Watford, Hertfordshire

Q1 2012 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 2012)

    A total of 290 companies were registered in Watford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 6.2% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)WatfordUK
    2012290131,491
    2011273116,391
    % change6.2%13.0%
    Record Year 2007 (706) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20128797106
    New companies in 2011898599
    % change-2.2%14.1%7.1%
    Record Year2007 (103)2007 (125)2007 (478)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 166 companies were dissolved in Watford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 18.2% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)WatfordUK
    201216667,576
    201120390,987
    % change-18.2%-25.7%
    Record Year 2009 (624) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012565357
    Closed companies in 2011795767
    % change-29.1%-7.0%-15%
    Record Year2009 (159)2009 (89)2009 (376)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Watford during the first quarter of 2012 (Jan 2012 - Mar 2012) was 124 companies.

    first quarter (Jan 2012 - Mar 2012)WatfordUK
    201212463,915
    20117025,404
    Record Year 2007 (565) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012314449
    Net growth in 2011102832
    Record Year2007 (54)2007 (74)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Watford formed 0.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Watford
    20120.2%
    20110.2%
    20100.3%
    20090.2%
    20080.2%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.2%0.2%0.2%
    UK formation share in 20110.3%0.2%0.2%
    % change-16.2%-2.4%0.1%
    Record Year1964 (1.1%)1969 (1.1%)1968 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 40.6.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Watford was in 1861 when 40.0% of all directors were female.

    21.8% of all director appointments in Watford in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING2.28%CONSULTING5.07%
    MANAGEMENT2.04%MANAGEMENT4.74%
    CONSULTANCY1.81%CONSULTANCY3.30%
    WATFORD1.11%PROPERTY2.37%
    INVESTMENTS0.93%TRADING2.07%
    PROPERTY0.82%DESIGN1.93%
    IT0.70%ENGINEERING1.86%
    CONSTRUCTION0.70%ASSOCIATES1.84%
    TRADING0.70%CONSULTANTS1.79%
    MEDIA0.64%BUSINESS1.73%
    CONSULTANTS0.58%MEDIA1.72%
    GLOBAL0.58%CONSTRUCTION1.72%
    ASSOCIATES0.58%LONDON1.66%
    BUSINESS0.53%J1.54%
    CARE0.47%INVESTMENTS1.51%
    PROJECTS0.41%GLOBAL1.50%
    ENTERPRISES0.41%IT1.40%
    LONDON0.41%CARE1.34%
    TECHNOLOGIES0.41%PROPERTIES1.31%
    TEST0.41%ELECTRICAL1.27%
    M0.41%M1.27%
    MAINTENANCE0.41%BUILDING1.24%
    MEDICAL0.35%ENERGY1.20%
    HOUSE0.35%S1.20%
    SERVICE0.35%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied481216,665
    70229 - Management consultancy activities other than financial management11219,704
    7487 - Other business activities9752,735
    82990 - Other business support service activities not elsewhere classified6335,233
    62020 - Information technology consultancy activities5914,303
    7414 - Business & management consultancy5112,113
    7222 - Other software consultancy and supply476,934
    9999 - Dormant Company4318,617
    96090 - Other service activities not elsewhere classified3813,637
    99999 - Dormant Company3725,084
    62090 - Other information technology service activities368,145
    7260 - Other computer related activities267,154
    69201 - Accounting and auditing activities254,132
    9305 - Other service activities208,818
    74909 - Other professional, scientific and technical activities not elsewhere classified209,892
    74990 - Non-trading company199,729
    7499 - Non-trading company189,102
    43210 - Electrical installation153,573
    62012 - Business and domestic software development124,356
    4521 - General construction & civil engineering115,169

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07973393 NANBAN TRADE LIMITED 02 Mar 2012
    07975777 CREATIVE LOOM LTD 05 Mar 2012
    07992996 V1 CONSULTANTS LIMITED 15 Mar 2012
    07995416 IHCC LIMITED 19 Mar 2012
    07997170 EVAN WALTER EVANS FAMILY COMPANY LIMITED 20 Mar 2012
    08013196 INTRACONNECTIONS LIMITED 30 Mar 2012
    OC373309 OXFORD PLACE CONSULTING LLP 13 Mar 2012
    07971735 ORIANE LTD 01 Mar 2012
    07977567 RESTORE CARE LTD 06 Mar 2012
    07988843 SETTIMO CIELO LTD 13 Mar 2012
    07989712 MARSONTINA LIMITED 14 Mar 2012
    07989800 N CODED LTD 14 Mar 2012
    07991938 NEROBART LTD 15 Mar 2012
    08002362 ORCHID INT'L LIMITED 22 Mar 2012
    08004483 EMMYTEX LIMITED 23 Mar 2012
    08009902 SEHRITERMAL LTD 28 Mar 2012
    07978927 MAGINS LIMITED 07 Mar 2012
    07988013 DOT PROMPT LIMITED 13 Mar 2012
    07989330 CAMBEC LIMITED 14 Mar 2012
    08002304 JJP SCRIBBLINGS LTD 22 Mar 2012
    07978795 MASTER MIND WEALTH STREAM LIMITED 06 Mar 2012
    07981225 OPTIONS FOR RECRUITMENT LTD 08 Mar 2012
    07995834 SEEING PICTURES LIMITED 19 Mar 2012
    07999770 MATPLUS ACCOUNTANCY LTD 21 Mar 2012
    08001210 TAKE TAXI LIMITED 22 Mar 2012