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
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 08199134 IN-4-DESIGN LIMITED 03 Sep 2012 08201000 A1 BUILDING SOLUTIONS LTD 04 Sep 2012 08202398 NZ FASTFOODS LTD 05 Sep 2012 08202446 BURLESQUE HOUSE LIMITED 05 Sep 2012 08217610 TABARD RFC SUPPORTERS CLUB LIMITED 17 Sep 2012 08218486 A2Z QUALITY CARE LIMITED 18 Sep 2012 08229594 WINSTON ROBERTS LTD 26 Sep 2012 08230894 SOCIAL MEDIA REPUBLIC LIMITED 27 Sep 2012 08230950 METRO HEATING LTD 27 Sep 2012 08202625 MISTER MERRY LTD 05 Sep 2012 08208315 SKIN & SMILES LTD 10 Sep 2012 08210593 NEERNAL LTD 11 Sep 2012 08213022 KRISTAL CREATIONS LIMITED 13 Sep 2012 08218400 SUPER FECTA MARKETING LTD 18 Sep 2012 08219123 CNE CONCEPTS LTD 18 Sep 2012 08222979 BRITIS INFOTECH LTD 20 Sep 2012 08224637 BLUEBERRIES UK LIMITED 21 Sep 2012 08213955 KILLICK TRANSPORT LTD 13 Sep 2012 08227675 YEAH BRUV LIMITED 25 Sep 2012 08229093 OCEAN FRY 2012 LIMITED 26 Sep 2012 08201212 VK ENTERPRISES LIMITED 04 Sep 2012 08201821 IPLAN TECH LIMITED 05 Sep 2012 08202041 TRADE FOCUS (UK) LTD 05 Sep 2012 08203070 JOSS IT SOLUTIONS LIMITED 05 Sep 2012 08211177 ILINK EXPRESS LTD 12 Sep 2012
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