Watford, Hertfordshire
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 328 companies were registered in Watford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 13.1% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Watford UK 2013 328 134,802 2012 290 131,491 % change 13.1% 2.5% Record Year 2007 (706) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
New Companies by Month
January February March New companies in 2013 99 103 126 New companies in 2012 87 97 106 % change 13.8% 6.2% 18.9% Record Year 2007 (103) 2007 (125) 2007 (478)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 251 companies were dissolved in Watford during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 51.2% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Watford UK 2013 251 77,914 2012 166 67,576 % change 51.2% 15.3% Record Year 2009 (625) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Dissolved Companies by Month
January February March Closed companies in 2013 115 70 66 Closed companies in 2012 56 53 57 % change 105.4% 32.1% 16% Record Year 2009 (160) 2008 (89) 2009 (376)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Watford during the first quarter of 2013 (Jan 2013 - Mar 2013) was 77 companies.
first quarter (Jan 2013 - Mar 2013) Watford UK 2013 77 56,888 2012 124 63,915 Record Year 2007 (564) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 -16 33 60 Net growth in 2012 31 44 49 Record Year 2007 (53) 2007 (74) 2007 (437)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Watford formed 0.2% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Watford 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.3% 2009 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.2% 0.2% 0.3% UK formation share in 2012 0.2% 0.2% 0.2% % change 2.0% 5.4% 22.9% Record Year 1993 (0.4%) 1991 (0.4%) 2007 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 47.3.
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 1.7% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Watford was in 2005 when 27.9% of all directors were female.
20.5% of all director appointments in Watford in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.88% CONSULTING 5.18% CONSULTANCY 1.77% MANAGEMENT 4.78% MANAGEMENT 1.16% CONSULTANCY 3.30% CONSULTANTS 1.10% PROPERTY 2.44% PROPERTY 0.94% TRADING 2.06% WATFORD 0.94% DESIGN 1.79% BUSINESS 0.88% ENGINEERING 1.78% CONSTRUCTION 0.83% BUSINESS 1.77% ASSOCIATES 0.77% ASSOCIATES 1.75% GLOBAL 0.66% LONDON 1.72% TRADING 0.61% CONSULTANTS 1.71% INVESTMENTS 0.61% CONSTRUCTION 1.69% CARE 0.61% MEDIA 1.63% MARKETING 0.55% GLOBAL 1.57% ELECTRICAL 0.55% J 1.56% BUILDING 0.50% CARE 1.46% SERVICE 0.50% IT 1.43% IT 0.50% INVESTMENTS 1.41% TECHNOLOGY 0.44% PROPERTIES 1.36% LONDON 0.39% M 1.25% PLANT 0.39% BUILDING 1.21% PARTNERS 0.39% ENTERPRISES 1.19% DAIRY 0.39% ELECTRICAL 1.18% FINANCIAL 0.39% TRAINING 1.17% PROPERTIES 0.39% SECURITY 1.15%
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 581 249,183 70229 - Management consultancy activities other than financial management 152 32,624 62020 - Information technology consultancy activities 119 24,894 82990 - Other business support service activities not elsewhere classified 96 54,531 99999 - Dormant Company 72 43,384 96090 - Other service activities not elsewhere classified 58 23,532 62090 - Other information technology service activities 54 12,664 74909 - Other professional, scientific and technical activities not elsewhere classified 26 16,448 74990 - Non-trading company 24 14,129 62012 - Business and domestic software development 22 8,099 69201 - Accounting and auditing activities 20 6,591 41202 - Construction of domestic buildings 20 5,372 43210 - Electrical installation 18 5,625 41100 - Development of building projects 18 8,637 7487 - Other business activities 17 7,556 43390 - Other building completion and finishing 17 5,145 47910 - Retail sale via mail order houses or via Internet 16 7,199 82110 - Combined office administrative service activities 15 1,785 43999 - Other specialised construction activities not elsewhere classified 14 6,954 68310 - Real estate agencies 14 3,382
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE OC381325 MANOR LOFTS LLP 02 Jan 2013 08349412 INTELLIGENT DEVICE LOOP TECH LTD 07 Jan 2013 08349883 KIRAN MAHMOOD HEALTH LTD 07 Jan 2013 08355158 PLUMBPLUS LTD 10 Jan 2013 08373721 CP3 SOLUTIONS LIMITED 24 Jan 2013 08380834 LARK PROPERTY LIMITED 29 Jan 2013 08350326 DRAGOS CONTRACTORS LTD 07 Jan 2013 08351155 DARK MANAGEMENT LIMITED 08 Jan 2013 08356218 AMBER HEATH CARS LIMITED 11 Jan 2013 08362995 TUOSIST LTD 16 Jan 2013 08365442 SUNSHINE WORLD HOLIDAYS LTD 17 Jan 2013 08369667 CASSIOTAXI LIMITED 22 Jan 2013 08378125 MARK H CONSULTANCY LIMITED 28 Jan 2013 08379212 CERES CONSULTANCY LIMITED 29 Jan 2013 08344798 PROPSERVUK LIMITED 02 Jan 2013 08358090 OGUTU MEDICAL LTD. 14 Jan 2013 08365229 FABAMIN LIMITED 17 Jan 2013 08371430 A&R BUSINESS CONSULTING LIMITED 23 Jan 2013 08371935 AVANT-GARDE CONSULTING LTD 23 Jan 2013 08375102 J HOLT ELECTRICAL LIMITED 25 Jan 2013 08355465 C JENKINS CONSULTANCY LIMITED 10 Jan 2013 08366924 ARTIZA LTD 21 Jan 2013 08362973 J STRAKER & CO LIMITED 16 Jan 2013 08363721 MNSHB LIMITED 17 Jan 2013 08371795 MEDILINKS SERVICES (UK) LIMITED 23 Jan 2013
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