Watford, Hertfordshire
2013 Half Year 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.
Headlines
- Q2 2013 saw a new record in company registrations in Watford when compared to any previous Q2.
- May 2013 saw a new record in net growth in Watford when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 660 companies were formed in Watford. This figure is 7.0% higher than last year, which compares well to the UK wide figure of 6.4%.
The highest total for a first half year in Watford occurred in 2007 when a total of 1,021 were formed.
Half Year (Jan-Jun) Watford UK 2013 660 269,432 2012 617 253,150 % change 7.0% 6.4% Record Year 2007 (1,021) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Q2 2013 saw a new record in company registrations in Watford when compared to any previous Q2.
A total of 332 companies were registered in Watford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 1.5% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Watford UK 2013 332 134,630 2012 327 121,659 % change 1.5% 10.7% Record Year 2013 (332) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
New Companies by Month
April May June New companies in 2013 113 120 99 New companies in 2012 87 137 103 % change 29.9% -12.4% -3.9% Record Year 2007 (119) 2012 (137) 2011 (114)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 466 companies were dissolved in Watford. This figure is 24.6% higher than last year, which compares badly to the UK wide change of 5.0%.
The highest total for a first half year in Watford occurred in 2009 when a total of 1,354 were closed.
Half Year (Jan-Jun) Watford UK 2013 466 155,192 2012 374 147,794 % change 24.6% 5.0% Record Year 2009 (1,354) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 215 companies were dissolved in Watford during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 3.4% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Watford UK 2013 215 77,278 2012 208 80,218 % change 3.4% -3.7% Record Year 2009 (729) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
Dissolved Companies by Month
April May June Closed companies in 2013 69 63 83 Closed companies in 2012 51 85 72 % change 35.3% -25.9% 15% Record Year 2009 (226) 2009 (396) 2009 (107)
Net Company Growth
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 the company register for Watford increased by 194 companies.
Half Year (Jan-Jun) Watford UK 2013 194 114,240 2012 243 105,356 Record Year 2007 (745) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Net company growth for Watford during the second quarter of 2013 (Apr 2013 - Jun 2013) was 117 companies.
second quarter (Apr 2013 - Jun 2013) Watford UK 2013 117 57,352 2012 119 41,441 Record Year 2007 (181) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
May 2013 saw a new record in net growth in Watford when compared to any previous May.
Net Growth by Month
April May June Net growth in 2013 44 57 16 Net growth in 2012 36 52 31 Record Year 2007 (102) 2013 (57) 2011 (55)
UK Company Share
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 Watford formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.
Half Year (Jan-Jun) Watford 2013 0.2% 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
In the second quarter of 2013, Watford formed 0.2% of all UK companies.
second quarter (Apr 2013 - Jun 2013) Watford 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.2% 2009 0.3% Record Year (since 1960) 1961 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.2% 0.3% 0.2% UK formation share in 2012 0.2% 0.3% 0.3% % change 9.1% -14.9% -13.0% Record Year 1990 (0.5%) 1992 (0.4%) 1961 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2013)
The average age of a director in the first half of 2013 was 44.1.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The average age of a director in the second quarter of 2013 was 43.2.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.6%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.8%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2013)
The record first half year for female directors in Watford was 2011 when 27.0% of all directors were female.
26.6% of all director appointments in Watford in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The record second quarter for female directors in Watford was in 2008 when 30.7% of all directors were female.
28.1% of all director appointments in Watford in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.90% CONSULTING 5.25% CONSULTANCY 1.90% MANAGEMENT 4.80% MANAGEMENT 1.25% CONSULTANCY 3.41% WATFORD 0.92% PROPERTY 2.48% PROPERTY 0.87% TRADING 2.05% CONSULTANTS 0.81% ENGINEERING 1.81% BUSINESS 0.81% DESIGN 1.79% DAIRY 0.76% LONDON 1.77% CONSTRUCTION 0.70% BUSINESS 1.77% TRADING 0.65% CONSULTANTS 1.68% INVESTMENTS 0.60% CONSTRUCTION 1.68% LONDON 0.60% ASSOCIATES 1.67% GLOBAL 0.60% GLOBAL 1.59% ASSOCIATES 0.60% MEDIA 1.57% ELECTRICAL 0.60% CARE 1.55% IT 0.60% J 1.53% CARE 0.54% INVESTMENTS 1.46% PROPERTIES 0.54% IT 1.40% DEVELOPMENTS 0.49% PROPERTIES 1.40% MARKETING 0.43% M 1.26% MEDIA 0.43% BUILDING 1.22% PRODUCTIONS 0.43% ELECTRICAL 1.19% SERVICE 0.38% ENTERPRISES 1.18% SECURITY 0.38% CAPITAL 1.16% CONTRACTORS 0.38% TRAINING 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 615 257,517 70229 - Management consultancy activities other than financial management 144 33,633 62020 - Information technology consultancy activities 122 25,583 82990 - Other business support service activities not elsewhere classified 100 54,555 99999 - Dormant Company 70 44,817 96090 - Other service activities not elsewhere classified 58 24,324 62090 - Other information technology service activities 54 12,578 74909 - Other professional, scientific and technical activities not elsewhere classified 28 17,095 62012 - Business and domestic software development 24 8,590 41100 - Development of building projects 22 8,876 41202 - Construction of domestic buildings 20 5,665 43390 - Other building completion and finishing 19 5,253 69201 - Accounting and auditing activities 19 6,771 86900 - Other human health activities 19 8,687 74990 - Non-trading company 19 14,303 43210 - Electrical installation 18 5,611 43999 - Other specialised construction activities not elsewhere classified 15 7,212 49410 - Freight transport by road 15 6,273 78109 - Other activities of employment placement agencies 15 3,371 68209 - Other letting and operating of own or leased real estate 15 7,871
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08555272 WAWEL DELI LIMITED 04 Jun 2013 08570936 WATFORD ITALIAN RESTAURANT LIMITED 17 Jun 2013 08575805 CONSURGOSERVICES LIMITED 19 Jun 2013 08578252 M&S DEVELOPMENTS (UK) LIMITED 20 Jun 2013 08580219 WATFORD NATURIST SWIMMING CLUB 21 Jun 2013 08581141 PENNY COURT FLATS LIMITED 24 Jun 2013 08587842 SORCROFT LTD 27 Jun 2013 08562827 COMPLEX SIMPLICITY QA LIMITED 10 Jun 2013 08569992 HAVENSTAR SOFTWARE SOLUTIONS LIMITED 14 Jun 2013 08573933 HOME UTILITIES LIMITED 18 Jun 2013 08576028 AVALON-METRO LTD 19 Jun 2013 08578275 CAPSI IT SOLUTIONS LIMITED 20 Jun 2013 08580524 FRNDAMEL SERVICES LIMITED 21 Jun 2013 08582597 RIO'S PIRI PIRI LTD 25 Jun 2013 08585082 NT MEDICAL LTD 26 Jun 2013 08555876 LONDON MOTORBIKE SALES LTD. 04 Jun 2013 08561849 MASH MACHINE LTD 10 Jun 2013 08564773 DSK BUSINESS SERVICES LTD 11 Jun 2013 08569217 KPS WINE LIMITED 14 Jun 2013 08572620 BEAUTIFULHORIZON LIMITED 17 Jun 2013 08561075 LAKSARANA FOUNDATION 07 Jun 2013 08572868 SYNC PICTURES LTD 17 Jun 2013 08582488 AKUFFO-KUMIH LIMITED 24 Jun 2013 08569952 THE ONLY WAY IS CLEAN LIMITED 14 Jun 2013 08576706 BELLA FIGURA BEAUTY LTD 20 Jun 2013
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