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 07931137 MAYFORDS (RESIDENTIAL) LIMITED 01 Feb 2012 07934625 OUTLINE DESIGN AND SERVICES LIMITED 03 Feb 2012 07953510 RYAN WILKS LIMITED 17 Feb 2012 07966368 DHARUBA LTD 27 Feb 2012 07969088 OAK TREE RECRUITMENT LIMITED 29 Feb 2012 07970372 H&D FASHION LTD 29 Feb 2012 07931386 IDEAL ASSOCIATES LTD 01 Feb 2012 07945656 EDATALABS LIMITED 10 Feb 2012 07958441 CASTLEWELL ELECTRCAL LIMITED 21 Feb 2012 07958492 ELDONDE ASSOCIATES LIMITED 21 Feb 2012 07960473 BARAKA SOLUTIONS LIMITED 22 Feb 2012 07962370 APPLE ENTERPRISE CONSULTING LIMITED 23 Feb 2012 07930869 ALI CONSULTANCY SERVICES LTD 01 Feb 2012 07936514 PARKING GUARDIAN SERVICES LTD. 06 Feb 2012 07938645 ALLSWARM LIMITED 07 Feb 2012 07935915 AMIMA TECHNOLOGY LTD 03 Feb 2012 07941432 APPLIED OPTRONIC SYSTEMS LTD 08 Feb 2012 07947614 NYLANDS BAZAAR LTD 13 Feb 2012 07952909 MAD SHEEP LEASING LTD. 16 Feb 2012 07963711 A AND Z LOGISTICS LIMITED 24 Feb 2012 07932723 ROBERTS MALPASO LTD 01 Feb 2012 07940807 CALL MIKE LTD 08 Feb 2012 07941219 SAFEHANDS TEAM LIMITED 08 Feb 2012 07955110 JAMROK-UK LTD 20 Feb 2012 07970378 RAVEN CONSTRUCTION LIMITED 29 Feb 2012
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