Watford, Hertfordshire
2012 Half Year Business Confidence Report
Headlines
- Q2 2012 saw a new record in company registrations in Watford when compared to any previous Q2.
- May 2012 saw a new record in company registrations in Watford when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 617 companies were formed in Watford. This figure is 5.5% higher than last year, which compares badly to the UK wide figure of 10.7%.
The highest total for a first half year in Watford occurred in 2007 when a total of 1,021 were formed.
Half Year (Jan-Jun) Watford UK 2012 617 253,150 2011 585 228,735 % change 5.5% 10.7% Record Year 2007 (1,021) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Q2 2012 saw a new record in company registrations in Watford when compared to any previous Q2.
A total of 327 companies were registered in Watford during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 4.8% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Watford UK 2012 327 121,659 2011 312 112,344 % change 4.8% 8.3% Record Year 2012 (327) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in Watford when compared to any previous May.
New Companies by Month
April May June New companies in 2012 87 137 103 New companies in 2011 85 113 114 % change 2.4% 21.2% -9.6% Record Year 2007 (119) 2012 (137) 2011 (114)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 375 companies were dissolved in Watford. This figure is 5.6% higher than last year, which compares badly to the UK wide change of -8.9%.
The highest total for a first half year in Watford occurred in 2009 when a total of 1,352 were closed.
Half Year (Jan-Jun) Watford UK 2012 375 147,793 2011 355 162,310 % change 5.6% -8.9% Record Year 2009 (1,352) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 209 companies were dissolved in Watford during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 37.5% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Watford UK 2012 209 80,218 2011 152 71,324 % change 37.5% 12.5% Record Year 2009 (728) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 51 85 73 Closed companies in 2011 26 67 59 % change 96.2% 26.9% 24% Record Year 2009 (226) 2009 (395) 2009 (107)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Watford increased by 242 companies.
Half Year (Jan-Jun) Watford UK 2012 242 105,357 2011 230 66,425 Record Year 2007 (746) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Watford during the second quarter of 2012 (Apr 2012 - Jun 2012) was 118 companies.
second quarter (Apr 2012 - Jun 2012) Watford UK 2012 118 41,441 2011 160 41,020 Record Year 2007 (181) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 36 52 30 Net growth in 2011 59 46 55 Record Year 2007 (102) 2000 (53) 2011 (55)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Watford formed 0.2% of all UK companies. This is less than the 2011 figure of 0.3%.
Half Year (Jan-Jun) Watford 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.2% Record Year (since 1960) 1966 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Watford formed 0.3% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Watford 2012 0.3% 2011 0.3% 2010 0.2% 2009 0.3% 2008 0.2% Record Year (since 1960) 1960 (0.8%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.2% 0.3% 0.3% UK formation share in 2011 0.2% 0.3% 0.3% % change -13.8% 6.2% -3.5% Record Year 1960 (1.0%) 1965 (0.9%) 1967 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 41.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 41.3.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 0.7% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Watford was 1861 when 40.0% of all directors were female.
21.4% of all director appointments in Watford in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Watford was in 1866 when 57.1% of all directors were female.
25.3% of all director appointments in Watford in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.19% CONSULTING 5.07% CONSULTING 2.14% MANAGEMENT 4.74% CONSULTANCY 1.56% CONSULTANCY 3.28% WATFORD 1.04% PROPERTY 2.35% PROPERTY 0.92% TRADING 2.10% CONSULTANTS 0.87% DESIGN 1.89% INVESTMENTS 0.81% ENGINEERING 1.87% BUSINESS 0.75% ASSOCIATES 1.82% IT 0.75% CONSULTANTS 1.78% TRADING 0.69% CONSTRUCTION 1.71% ASSOCIATES 0.69% BUSINESS 1.70% CONSTRUCTION 0.63% MEDIA 1.69% TECHNOLOGY 0.52% LONDON 1.68% MAINTENANCE 0.52% J 1.57% TECHNOLOGIES 0.52% GLOBAL 1.51% CARE 0.46% INVESTMENTS 1.48% MEDIA 0.40% IT 1.42% TEST 0.40% CARE 1.31% MY 0.40% PROPERTIES 1.31% PROFESSIONAL 0.40% M 1.26% PLAN 0.40% ELECTRICAL 1.23% SERVICE 0.40% BUILDING 1.23% MARK 0.35% SECURITY 1.19% FINANCIAL 0.35% S 1.18% CLUB 0.35% ENTERPRISES 1.17%
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 578 244,457 70229 - Management consultancy activities other than financial management 113 20,390 7487 - Other business activities 84 47,029 62020 - Information technology consultancy activities 64 15,280 82990 - Other business support service activities not elsewhere classified 59 35,447 7414 - Business & management consultancy 46 10,978 7222 - Other software consultancy and supply 41 6,356 9999 - Dormant Company 37 16,469 62090 - Other information technology service activities 37 8,258 96090 - Other service activities not elsewhere classified 36 14,220 99999 - Dormant Company 36 26,088 69201 - Accounting and auditing activities 28 4,295 74909 - Other professional, scientific and technical activities not elsewhere classified 25 10,271 7260 - Other computer related activities 25 6,456 74990 - Non-trading company 18 9,706 9305 - Other service activities 18 7,926 7499 - Non-trading company 17 8,023 43210 - Electrical installation 13 3,557 62012 - Business and domestic software development 12 4,742 86900 - Other human health activities 11 5,222
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08107101 LIMITLESS JETS LTD 15 Jun 2012 08110189 MINOR TICKETS LTD 19 Jun 2012 08110863 CASSIOBURY LTD 19 Jun 2012 08113003 HSN CONSULTANTS LIMITED 20 Jun 2012 08115386 TS BUILD LIMITED 22 Jun 2012 08116579 ICC SPECIALISTS LIMITED 22 Jun 2012 08092208 WFC INVESTMENTS LIMITED 01 Jun 2012 08095954 ECO GREEN TRADING LIMITED 07 Jun 2012 08100141 DAISY IP LTD 11 Jun 2012 08101573 DESIGN VENTURES LIMITED 12 Jun 2012 OC376001 WATFORD & HERTS COUNSELLING LLP 13 Jun 2012 08106321 WATERLOO INTERNATIONAL DEVELOPMENT TRUST LTD 14 Jun 2012 08108503 LEXUS CONSULTANCY LTD 18 Jun 2012 08120831 NNK SOLUTIONS LIMITED 27 Jun 2012 08121086 FA IT TECH LTD 27 Jun 2012 08095097 REPOSSESSION RESCUE LIMITED 06 Jun 2012 08099520 GOODROCK LIMITED 11 Jun 2012 08105370 SPEKTRU INVEST LIMITED 14 Jun 2012 08117628 NURTURE AND THRIVE FAMILY SERVICES LIMITED 25 Jun 2012 08118085 ANDY CALLAN PHOTOGRAPHY LIMITED 25 Jun 2012 08118870 COTTONALLSORTS LTD 26 Jun 2012 08093128 CLARKES CONSULTANTS LIMITED 01 Jun 2012 08097512 BAREND PRETORIUS LIMITED 08 Jun 2012 08113366 ASAP PROPERTY SOLUTIONS LTD 20 Jun 2012 08093740 PG MANAGEMENT CONSULTANCY LIMITED 06 Jun 2012
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