Watford, Hertfordshire

Q3 2012 Business Confidence Report

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

  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. 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)WatfordUK
    2012290118,868
    2011276114,512
    % change5.1%3.8%
    Record Year 2006 (305) 2012 (118,868)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20121059491
    New companies in 20118110887
    % change29.6%-13.0%4.6%
    Record Year2012 (105)2011 (108)2006 (121)

Closed Companies (dissolved)

  1. 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)WatfordUK
    201221374,772
    201118272,230
    % change17.0%3.5%
    Record Year 2009 (364) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2012887451
    Closed companies in 2011595964
    % change49.2%25.4%-20%
    Record Year2012 (88)2008 (154)2009 (205)

Net Company Growth

  1. 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)WatfordUK
    20127744,096
    20119442,282
    Record Year 2006 (179) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012172040
    Net growth in 2011224923
    Record Year2004 (68)2011 (49)2006 (90)

UK Company Share

  1. 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
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.3%
    Record Year (since 1960) 1973 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.3%0.2%0.2%
    UK formation share in 20110.2%0.3%0.2%
    % change16.4%-12.3%3.5%
    Record Year1973 (1.3%)1964 (1.1%)1970 (1.0%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.03%CONSULTING5.05%
    MANAGEMENT1.81%MANAGEMENT4.75%
    CONSULTANCY1.58%CONSULTANCY3.28%
    CONSULTANTS0.96%PROPERTY2.35%
    BUSINESS0.96%TRADING2.08%
    ASSOCIATES0.96%DESIGN1.87%
    PROPERTY0.96%ASSOCIATES1.84%
    WATFORD0.90%ENGINEERING1.83%
    IT0.90%CONSULTANTS1.76%
    TECHNOLOGY0.56%BUSINESS1.72%
    TRADING0.56%CONSTRUCTION1.70%
    CONSTRUCTION0.56%MEDIA1.67%
    INVESTMENTS0.56%LONDON1.67%
    TECHNOLOGIES0.51%J1.55%
    CARE0.45%GLOBAL1.53%
    MEDIA0.45%INVESTMENTS1.46%
    MARKETING0.45%IT1.43%
    ELECTRICAL0.45%PROPERTIES1.34%
    GLOBAL0.45%CARE1.32%
    SYSTEMS0.40%M1.27%
    TEST0.40%BUILDING1.22%
    PLAN0.40%ENTERPRISES1.20%
    SERVICE0.40%ELECTRICAL1.20%
    SPECIALISTS0.40%S1.17%
    MY0.34%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied790331,455
    70229 - Management consultancy activities other than financial management10719,425
    7487 - Other business activities6435,545
    62020 - Information technology consultancy activities6314,774
    82990 - Other business support service activities not elsewhere classified5533,677
    96090 - Other service activities not elsewhere classified3613,716
    62090 - Other information technology service activities367,869
    7414 - Business & management consultancy348,437
    99999 - Dormant Company3325,035
    7222 - Other software consultancy and supply334,997
    69201 - Accounting and auditing activities284,119
    7260 - Other computer related activities234,979
    74909 - Other professional, scientific and technical activities not elsewhere classified219,891
    9999 - Dormant Company2012,598
    74990 - Non-trading company189,203
    9305 - Other service activities166,142
    43210 - Electrical installation133,387
    7499 - Non-trading company116,164
    47910 - Retail sale via mail order houses or via Internet103,712
    62012 - Business and domestic software development104,584

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08166294 UMA SARAN LIMITED 02 Aug 2012
    08174508 MASA CONSULTING LTD 09 Aug 2012
    OC377775 CR 2012 LLP 17 Aug 2012
    08187896 ONLINE360 MEDIA LIMITED 22 Aug 2012
    08196299 OLIVER J KNOX LIMITED 30 Aug 2012
    08166716 SPREAD LOVE LIGHTING LIMITED 03 Aug 2012
    08170814 AIRSIDE SAFETY SOLUTIONS LIMITED 07 Aug 2012
    08174130 EXPERT FORENSIC ACCOUNTING LTD 09 Aug 2012
    08176230 EXCO LANKA LTD 13 Aug 2012
    08184343 WATFILCOA LIMITED 20 Aug 2012
    08184933 DAW HEALTH CARE LIMITED 20 Aug 2012
    08187692 MB CHEEMA LIMITED 22 Aug 2012
    08196078 PROTOMATA LTD 30 Aug 2012
    08196609 ARG ASSOCIATES LTD 30 Aug 2012
    08164293 DAZZLING DOLLYS LIMITED 01 Aug 2012
    08167656 IAN DAVIS CONSULTING LIMITED 03 Aug 2012
    08174231 STRONGHOLD FINANCIAL SERVICES LIMITED 09 Aug 2012
    08177095 INA&ULICE LTD 13 Aug 2012
    08180159 CUZNER EVENTS LTD 15 Aug 2012
    08168810 DOMUS ESTATE AGENTS LIMITED 06 Aug 2012
    08183384 LORGUS LTD 17 Aug 2012
    08193395 MAS ACCOUNTANT & CONSULTANT LIMITED 29 Aug 2012
    08198155 LOCUMMEDS SOLUTIONS LTD 31 Aug 2012
    08165126 SGI INSTALLERS LTD 02 Aug 2012
    08169123 CAPITAL RENOVATIONS (WATFORD) LIMITED 06 Aug 2012