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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

  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. 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)WatfordUK
    2012617253,150
    2011585228,735
    % change5.5%10.7%
    Record Year2007 (1,021)2007 (279,097)
    New Companies by Half Year
  2. 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)WatfordUK
    2012327121,659
    2011312112,344
    % change4.8%8.3%
    Record Year 2012 (327) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 201287137103
    New companies in 201185113114
    % change2.4%21.2%-9.6%
    Record Year2007 (119)2012 (137)2011 (114)

Closed Companies (dissolved)

  1. 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)WatfordUK
    2012375147,793
    2011355162,310
    % change5.6%-8.9%
    Record Year2009 (1,352)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)WatfordUK
    201220980,218
    201115271,324
    % change37.5%12.5%
    Record Year 2009 (728) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012518573
    Closed companies in 2011266759
    % change96.2%26.9%24%
    Record Year2009 (226)2009 (395)2009 (107)

Net Company Growth

  1. 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)WatfordUK
    2012242105,357
    201123066,425
    Record Year2007 (746)2007 (171,296)
    Net Growth by Half Year
  2. 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)WatfordUK
    201211841,441
    201116041,020
    Record Year 2007 (181) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012365230
    Net growth in 2011594655
    Record Year2007 (102)2000 (53)2011 (55)

UK Company Share

  1. 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
    20120.2%
    20110.3%
    20100.3%
    20090.2%
    20080.2%
    Record Year (since 1960) 1966 (0.6%)
    Company Share by Half Year
  2. 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
    20120.3%
    20110.3%
    20100.2%
    20090.3%
    20080.2%
    Record Year (since 1960) 1960 (0.8%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.2%0.3%0.3%
    UK formation share in 20110.2%0.3%0.3%
    % change-13.8%6.2%-3.5%
    Record Year1960 (1.0%)1965 (0.9%)1967 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.19%CONSULTING5.07%
    CONSULTING2.14%MANAGEMENT4.74%
    CONSULTANCY1.56%CONSULTANCY3.28%
    WATFORD1.04%PROPERTY2.35%
    PROPERTY0.92%TRADING2.10%
    CONSULTANTS0.87%DESIGN1.89%
    INVESTMENTS0.81%ENGINEERING1.87%
    BUSINESS0.75%ASSOCIATES1.82%
    IT0.75%CONSULTANTS1.78%
    TRADING0.69%CONSTRUCTION1.71%
    ASSOCIATES0.69%BUSINESS1.70%
    CONSTRUCTION0.63%MEDIA1.69%
    TECHNOLOGY0.52%LONDON1.68%
    MAINTENANCE0.52%J1.57%
    TECHNOLOGIES0.52%GLOBAL1.51%
    CARE0.46%INVESTMENTS1.48%
    MEDIA0.40%IT1.42%
    TEST0.40%CARE1.31%
    MY0.40%PROPERTIES1.31%
    PROFESSIONAL0.40%M1.26%
    PLAN0.40%ELECTRICAL1.23%
    SERVICE0.40%BUILDING1.23%
    MARK0.35%SECURITY1.19%
    FINANCIAL0.35%S1.18%
    CLUB0.35%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied578244,457
    70229 - Management consultancy activities other than financial management11320,390
    7487 - Other business activities8447,029
    62020 - Information technology consultancy activities6415,280
    82990 - Other business support service activities not elsewhere classified5935,447
    7414 - Business & management consultancy4610,978
    7222 - Other software consultancy and supply416,356
    9999 - Dormant Company3716,469
    62090 - Other information technology service activities378,258
    96090 - Other service activities not elsewhere classified3614,220
    99999 - Dormant Company3626,088
    69201 - Accounting and auditing activities284,295
    74909 - Other professional, scientific and technical activities not elsewhere classified2510,271
    7260 - Other computer related activities256,456
    74990 - Non-trading company189,706
    9305 - Other service activities187,926
    7499 - Non-trading company178,023
    43210 - Electrical installation133,557
    62012 - Business and domestic software development124,742
    86900 - Other human health activities115,222

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08058824 DJA TRAFFIC SOLUTIONS LIMITED 04 May 2012
    08058954 DUNNE PROPERTY INVESTMENTS LIMITED 04 May 2012
    08066113 BBQ EXPRESS WATFORD LIMITED 11 May 2012
    08067116 TEEN AND PARENT SOLUTIONS LTD 14 May 2012
    08078028 MAMAS N PAPAS N BUBBAS LTD 22 May 2012
    08086945 PART OF THE PLAN LTD 29 May 2012
    OC375112 UAVEND (WATFORD) LLP 10 May 2012
    08053252 NBF FOCUS LIMITED 01 May 2012
    08070716 CRIANCAS LTD 16 May 2012
    08074818 CALLAGHAN BUILDING SERVICES LIMITED 18 May 2012
    08089371 SUNRISE SALES & MARKETING LTD 30 May 2012
    08090911 NRS EDUCATION LIMITED 31 May 2012
    08052935 TRIFORDS 1 UK LIMITED 01 May 2012
    08054780 FIRST HORIZON CONSTRUCTION LTD 02 May 2012
    08057410 DEAN & DAWSON LIMITED 04 May 2012
    08060621 VRO MANAGED SERVICES LIMITED 08 May 2012
    08064652 EUROPIAPOKER LIMITED 10 May 2012
    08066236 A 2 Z PROPERTY SPECIALISTS LTD 11 May 2012
    08068070 HAMPERMILL ASSOCIATES LIMITED 14 May 2012
    08070355 LOCATION KEY LTD 15 May 2012
    08074401 DEMENTIA PARTNERS LTD. 18 May 2012
    08077304 INDULGE FOODS LIMITED 21 May 2012
    08079324 M MCGLYNN LTD 22 May 2012
    08082283 RADIUS TELECOMM DESIGN LTD 24 May 2012
    08060149 CODED PLANET LTD 08 May 2012