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

  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 (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)WatfordUK
    2013328134,802
    2012290131,491
    % change13.1%2.5%
    Record Year 2007 (706) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201399103126
    New companies in 20128797106
    % change13.8%6.2%18.9%
    Record Year2007 (103)2007 (125)2007 (478)

Closed Companies (dissolved)

  1. 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)WatfordUK
    201325177,914
    201216667,576
    % change51.2%15.3%
    Record Year 2009 (625) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20131157066
    Closed companies in 2012565357
    % change105.4%32.1%16%
    Record Year2009 (160)2008 (89)2009 (376)

Net Company Growth

  1. 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)WatfordUK
    20137756,888
    201212463,915
    Record Year 2007 (564) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013-163360
    Net growth in 2012314449
    Record Year2007 (53)2007 (74)2007 (437)

UK Company Share

  1. 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
    20130.2%
    20120.2%
    20110.2%
    20100.3%
    20090.2%
    Record Year (since 1960) 2007 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.2%0.2%0.3%
    UK formation share in 20120.2%0.2%0.2%
    % change2.0%5.4%22.9%
    Record Year1993 (0.4%)1991 (0.4%)2007 (0.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.88%CONSULTING5.18%
    CONSULTANCY1.77%MANAGEMENT4.78%
    MANAGEMENT1.16%CONSULTANCY3.30%
    CONSULTANTS1.10%PROPERTY2.44%
    PROPERTY0.94%TRADING2.06%
    WATFORD0.94%DESIGN1.79%
    BUSINESS0.88%ENGINEERING1.78%
    CONSTRUCTION0.83%BUSINESS1.77%
    ASSOCIATES0.77%ASSOCIATES1.75%
    GLOBAL0.66%LONDON1.72%
    TRADING0.61%CONSULTANTS1.71%
    INVESTMENTS0.61%CONSTRUCTION1.69%
    CARE0.61%MEDIA1.63%
    MARKETING0.55%GLOBAL1.57%
    ELECTRICAL0.55%J1.56%
    BUILDING0.50%CARE1.46%
    SERVICE0.50%IT1.43%
    IT0.50%INVESTMENTS1.41%
    TECHNOLOGY0.44%PROPERTIES1.36%
    LONDON0.39%M1.25%
    PLANT0.39%BUILDING1.21%
    PARTNERS0.39%ENTERPRISES1.19%
    DAIRY0.39%ELECTRICAL1.18%
    FINANCIAL0.39%TRAINING1.17%
    PROPERTIES0.39%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied581249,183
    70229 - Management consultancy activities other than financial management15232,624
    62020 - Information technology consultancy activities11924,894
    82990 - Other business support service activities not elsewhere classified9654,531
    99999 - Dormant Company7243,384
    96090 - Other service activities not elsewhere classified5823,532
    62090 - Other information technology service activities5412,664
    74909 - Other professional, scientific and technical activities not elsewhere classified2616,448
    74990 - Non-trading company2414,129
    62012 - Business and domestic software development228,099
    69201 - Accounting and auditing activities206,591
    41202 - Construction of domestic buildings205,372
    43210 - Electrical installation185,625
    41100 - Development of building projects188,637
    7487 - Other business activities177,556
    43390 - Other building completion and finishing175,145
    47910 - Retail sale via mail order houses or via Internet167,199
    82110 - Combined office administrative service activities151,785
    43999 - Other specialised construction activities not elsewhere classified146,954
    68310 - Real estate agencies143,382

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08389445 EJB CONSTRUCTION SERVICES (HERTS) LIMITED 05 Feb 2013
    08393649 WADFORD ENGINES LIMITED 07 Feb 2013
    08396788 RVHT LIMITED 11 Feb 2013
    08406816 RANGA MATI BUSINESS SERVICES LTD 18 Feb 2013
    08411943 LEAPER DRAUGHTING SOLUTIONS LIMITED 20 Feb 2013
    08413757 EARNINGSTRADING.COM LIMITED 21 Feb 2013
    08414118 DEGS DAIRY LTD 21 Feb 2013
    08418725 ALL ABOUT EDUCATE (UK) LTD 25 Feb 2013
    08422761 WCC (UK) LTD 27 Feb 2013
    08423482 ETHICAL FINANCIAL SOLUTIONS LIMITED 28 Feb 2013
    08393603 PURPLE SWAN LTD 07 Feb 2013
    08394257 TOLPITS MOTORS LIMITED 07 Feb 2013
    08398923 CYBERPINOY MEDIA LTD 12 Feb 2013
    08400482 TARABEN INVESTMENTS LTD 13 Feb 2013
    08403506 FLOWER DRUM LIMITED 14 Feb 2013
    08407760 THIS IS MY HUSTLE CLOTHING LIMITED 18 Feb 2013
    08412804 WATFORD SUPERMARKET (HERTS) LTD 21 Feb 2013
    08414654 WINE DIRECTION LTD 21 Feb 2013
    08417917 FENG STUDIO LIMITED 25 Feb 2013
    08399469 ALL SEASONS GRASS LIMITED 12 Feb 2013
    08391604 AVENTUM UK LTD 06 Feb 2013
    08403355 STUDIO FINANCIAL LIMITED 14 Feb 2013
    08417083 MCCALLUM & PENGELLY MANAGEMENT CONSULTANCY LTD 25 Feb 2013
    08420424 KEENE CONSULTING LIMITED 26 Feb 2013
    08421359 DACMS LIMITED 27 Feb 2013