Watford, Hertfordshire
Q3 2012 Business Confidence Report
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Headlines
- July 2012 saw a new record in company registrations in Watford when compared to any previous July.
- July 2012 saw a new record in company closures in Watford when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 290 companies were registered in Watford during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 5.1% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Watford UK 2012 290 118,868 2011 276 114,512 % change 5.1% 3.8% Record Year 2006 (305) 2012 (118,868) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
July 2012 saw a new record in company registrations in Watford when compared to any previous July.
New Companies by Month
July August September New companies in 2012 105 94 91 New companies in 2011 81 108 87 % change 29.6% -13.0% 4.6% Record Year 2012 (105) 2011 (108) 2006 (121)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 213 companies were dissolved in Watford during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 17.0% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Watford UK 2012 213 74,772 2011 182 72,230 % change 17.0% 3.5% Record Year 2009 (364) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
July 2012 saw a new record in company closures in Watford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2012 88 74 51 Closed companies in 2011 59 59 64 % change 49.2% 25.4% -20% Record Year 2012 (88) 2008 (154) 2009 (205)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2012)
Net company growth for Watford during the third quarter of 2012 (Jul 2012 - Sep 2012) was 77 companies.
third quarter (Jul 2012 - Sep 2012) Watford UK 2012 77 44,096 2011 94 42,282 Record Year 2006 (179) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 17 20 40 Net growth in 2011 22 49 23 Record Year 2004 (68) 2011 (49) 2006 (90)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2012)
In the third quarter of 2012, Watford formed 0.2% of all UK companies.
third quarter (Jul 2012 - Sep 2012) Watford 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.3% Record Year (since 1960) 1973 (0.9%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 0.3% 0.2% 0.2% UK formation share in 2011 0.2% 0.3% 0.2% % change 16.4% -12.3% 3.5% Record Year 1973 (1.3%) 1964 (1.1%) 1970 (1.0%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2012)
The average age of a director in the third quarter of 2012 was 40.1.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.2%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2012)
The record third quarter for female directors in Watford was in 1862 when 50.0% of all directors were female.
23.7% of all director appointments in Watford in the third 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 (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.03% CONSULTING 5.05% MANAGEMENT 1.81% MANAGEMENT 4.75% CONSULTANCY 1.58% CONSULTANCY 3.28% CONSULTANTS 0.96% PROPERTY 2.35% BUSINESS 0.96% TRADING 2.08% ASSOCIATES 0.96% DESIGN 1.87% PROPERTY 0.96% ASSOCIATES 1.84% WATFORD 0.90% ENGINEERING 1.83% IT 0.90% CONSULTANTS 1.76% TECHNOLOGY 0.56% BUSINESS 1.72% TRADING 0.56% CONSTRUCTION 1.70% CONSTRUCTION 0.56% MEDIA 1.67% INVESTMENTS 0.56% LONDON 1.67% TECHNOLOGIES 0.51% J 1.55% CARE 0.45% GLOBAL 1.53% MEDIA 0.45% INVESTMENTS 1.46% MARKETING 0.45% IT 1.43% ELECTRICAL 0.45% PROPERTIES 1.34% GLOBAL 0.45% CARE 1.32% SYSTEMS 0.40% M 1.27% TEST 0.40% BUILDING 1.22% PLAN 0.40% ENTERPRISES 1.20% SERVICE 0.40% ELECTRICAL 1.20% SPECIALISTS 0.40% S 1.17% MY 0.34% SECURITY 1.16%
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 790 331,455 70229 - Management consultancy activities other than financial management 107 19,425 7487 - Other business activities 64 35,545 62020 - Information technology consultancy activities 63 14,774 82990 - Other business support service activities not elsewhere classified 55 33,677 96090 - Other service activities not elsewhere classified 36 13,716 62090 - Other information technology service activities 36 7,869 7414 - Business & management consultancy 34 8,437 99999 - Dormant Company 33 25,035 7222 - Other software consultancy and supply 33 4,997 69201 - Accounting and auditing activities 28 4,119 7260 - Other computer related activities 23 4,979 74909 - Other professional, scientific and technical activities not elsewhere classified 21 9,891 9999 - Dormant Company 20 12,598 74990 - Non-trading company 18 9,203 9305 - Other service activities 16 6,142 43210 - Electrical installation 13 3,387 7499 - Non-trading company 11 6,164 47910 - Retail sale via mail order houses or via Internet 10 3,712 62012 - Business and domestic software development 10 4,584
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08135165 GARVIN CONSTRUCTION LTD 09 Jul 2012 08138646 GCT SUPPORT SERVICES LTD 11 Jul 2012 08139612 HARD LABOUR MUSCLE WEAR LTD 11 Jul 2012 08145097 KRUNKIN LIMITED 16 Jul 2012 08149184 CHEEK FAMILY LIMITED 19 Jul 2012 08159585 VANTAGE ESSENTIAL SERVICES LTD 27 Jul 2012 08161374 MY GODPARENTS LIMITED 30 Jul 2012 08126791 CULTEVATION LTD 02 Jul 2012 08126808 RAMSEY NETWORKS LTD 02 Jul 2012 08134904 SAMANTHA JOHNSON LTD 09 Jul 2012 08145933 SHOPPING MASTER LTD 17 Jul 2012 08159381 PHILROSE & COMPANY LTD 27 Jul 2012 08136411 WATFORD DECORATING LTD 10 Jul 2012 08154353 PLATINUM INVESCO LTD 24 Jul 2012 08126020 GOODY DISTRIBUTION LIMITED 02 Jul 2012 08130118 NORTH WEST SALES AND PROMOTIONS LIMITED 04 Jul 2012 08134649 E G CHITIYO LIMITED 09 Jul 2012 08136059 HENDERSON BOND PARTNERS LIMITED 10 Jul 2012 08138470 VHL FACILITIES LIMITED 11 Jul 2012 08142016 WATFORD CABS LTD 13 Jul 2012 08142692 SUNBEDS INC LIMITED 13 Jul 2012 08163001 INTELLIGENT NETWORK SYSTEMS SERVICES LTD 31 Jul 2012 08130937 MUNDEN ASSOCIATES LIMITED 05 Jul 2012 08145734 CHASE SUENOS LIMITED 17 Jul 2012 08148745 VINTAGE ADDICTION LIMITED 19 Jul 2012
reports
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