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
    08200305 DATOWNIA LTD 04 Sep 2012
    08202446 BURLESQUE HOUSE LIMITED 05 Sep 2012
    08209478 YMCA HERTFORDSHIRE COMMUNITY INTEREST COMPANY 11 Sep 2012
    08209943 JM PRIME TECHNOLOGIES LIMITED 11 Sep 2012
    08217610 TABARD RFC SUPPORTERS CLUB LIMITED 17 Sep 2012
    08218486 A2Z QUALITY CARE LIMITED 18 Sep 2012
    OC378701 SHAWS OF AMERSHAM LLP 24 Sep 2012
    08227507 OMNI IT CONSULTING LTD 25 Sep 2012
    08229594 WINSTON ROBERTS LTD 26 Sep 2012
    08230950 METRO HEATING LTD 27 Sep 2012
    08233167 LAPTOP & PC SOLUTIONS LIMITED 28 Sep 2012
    08207927 LOG4ITSUPPORT.COM LTD 10 Sep 2012
    08210593 NEERNAL LTD 11 Sep 2012
    08213932 COST-N-CONSULT LIMITED 13 Sep 2012
    08216223 KIB ENTERPRISES LTD 17 Sep 2012
    08222979 BRITIS INFOTECH LTD 20 Sep 2012
    08203923 SCENTSATIONAL FD LIMITED 06 Sep 2012
    08226588 LONDON BLACK CAB ACCOUNTS LTD 24 Sep 2012
    08229093 OCEAN FRY 2012 LIMITED 26 Sep 2012
    08201821 IPLAN TECH LIMITED 05 Sep 2012
    08203070 JOSS IT SOLUTIONS LIMITED 05 Sep 2012
    08211832 ADIPET LTD 12 Sep 2012
    08216686 ASIAN WEDDING BASKETS LTD 17 Sep 2012
    08220726 PERFECTHOME2000 LTD 19 Sep 2012
    08215710 BUSINESS OPERATIONS MANAGEMENT LTD 14 Sep 2012