Watford, Hertfordshire
Q1 2012 Business Confidence Report
Contents
New Company Registrations
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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) Watford UK 2012 290 131,491 2011 273 116,391 % change 6.2% 13.0% Record Year 2007 (706) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
New Companies by Month
January February March New companies in 2012 87 97 106 New companies in 2011 89 85 99 % change -2.2% 14.1% 7.1% Record Year 2007 (103) 2007 (125) 2007 (478)
Closed Companies (dissolved)
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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) Watford UK 2012 166 67,576 2011 203 90,987 % change -18.2% -25.7% Record Year 2009 (624) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 56 53 57 Closed companies in 2011 79 57 67 % change -29.1% -7.0% -15% Record Year 2009 (159) 2009 (89) 2009 (376)
Net Company Growth
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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) Watford UK 2012 124 63,915 2011 70 25,404 Record Year 2007 (565) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 31 44 49 Net growth in 2011 10 28 32 Record Year 2007 (54) 2007 (74) 2007 (437)
UK Company Share
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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 2012 0.2% 2011 0.2% 2010 0.3% 2009 0.2% 2008 0.2% Record Year (since 1960) 1966 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.2% 0.2% 0.2% UK formation share in 2011 0.3% 0.2% 0.2% % change -16.2% -2.4% 0.1% Record Year 1964 (1.1%) 1969 (1.1%) 1968 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.28% CONSULTING 5.07% MANAGEMENT 2.04% MANAGEMENT 4.74% CONSULTANCY 1.81% CONSULTANCY 3.30% WATFORD 1.11% PROPERTY 2.37% INVESTMENTS 0.93% TRADING 2.07% PROPERTY 0.82% DESIGN 1.93% IT 0.70% ENGINEERING 1.86% CONSTRUCTION 0.70% ASSOCIATES 1.84% TRADING 0.70% CONSULTANTS 1.79% MEDIA 0.64% BUSINESS 1.73% CONSULTANTS 0.58% MEDIA 1.72% GLOBAL 0.58% CONSTRUCTION 1.72% ASSOCIATES 0.58% LONDON 1.66% BUSINESS 0.53% J 1.54% CARE 0.47% INVESTMENTS 1.51% PROJECTS 0.41% GLOBAL 1.50% ENTERPRISES 0.41% IT 1.40% LONDON 0.41% CARE 1.34% TECHNOLOGIES 0.41% PROPERTIES 1.31% TEST 0.41% ELECTRICAL 1.27% M 0.41% M 1.27% MAINTENANCE 0.41% BUILDING 1.24% MEDICAL 0.35% ENERGY 1.20% HOUSE 0.35% S 1.20% SERVICE 0.35% ENTERPRISES 1.19%
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 481 216,665 70229 - Management consultancy activities other than financial management 112 19,704 7487 - Other business activities 97 52,735 82990 - Other business support service activities not elsewhere classified 63 35,233 62020 - Information technology consultancy activities 59 14,303 7414 - Business & management consultancy 51 12,113 7222 - Other software consultancy and supply 47 6,934 9999 - Dormant Company 43 18,617 96090 - Other service activities not elsewhere classified 38 13,637 99999 - Dormant Company 37 25,084 62090 - Other information technology service activities 36 8,145 7260 - Other computer related activities 26 7,154 69201 - Accounting and auditing activities 25 4,132 9305 - Other service activities 20 8,818 74909 - Other professional, scientific and technical activities not elsewhere classified 20 9,892 74990 - Non-trading company 19 9,729 7499 - Non-trading company 18 9,102 43210 - Electrical installation 15 3,573 62012 - Business and domestic software development 12 4,356 4521 - General construction & civil engineering 11 5,169
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07985287 PROMESA PROJECTS LIMITED 12 Mar 2012 07989443 PAVWAY LIMITED 14 Mar 2012 07996866 GILMARTIN FAMILY COMPANY LIMITED 20 Mar 2012 08007719 9SKY LTD 27 Mar 2012 08009109 DEB IT AND FRED IT LIMITED 28 Mar 2012 OC373309 OXFORD PLACE CONSULTING LLP 13 Mar 2012 07971735 ORIANE LTD 01 Mar 2012 07989800 N CODED LTD 14 Mar 2012 07991876 AL DAEE ENTERPRISES LIMITED 15 Mar 2012 07991938 NEROBART LTD 15 Mar 2012 07999934 NORTH WEST VALUATIONS LIMITED 21 Mar 2012 07999957 ONLINE COMMS (UK) LIMITED 21 Mar 2012 08002362 ORCHID INT'L LIMITED 22 Mar 2012 08009902 SEHRITERMAL LTD 28 Mar 2012 08010423 BUTT & SON LTD 28 Mar 2012 07988032 THE RIVER HUT COMPANY LTD. 13 Mar 2012 07982430 FULLER WHOLESALE LIMITED 08 Mar 2012 07990694 ADVANCE PLASTERING LIMITED 14 Mar 2012 07991035 MOTOR SERVICES WATFORD LTD 14 Mar 2012 07992341 J & K STORES LTD 15 Mar 2012 07999019 SUPER DIGITAL LIMITED 21 Mar 2012 07999770 MATPLUS ACCOUNTANCY LTD 21 Mar 2012 08003639 J.MCD ANTIQUES LTD 23 Mar 2012 08004487 PROJCOM LIMITED 23 Mar 2012 07980463 APALWIS LIMITED 07 Mar 2012
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