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
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