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

  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. 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)WatfordUK
    2013660269,432
    2012617253,150
    % change7.0%6.4%
    Record Year2007 (1,021)2007 (279,097)
    New Companies by Half Year
  2. 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)WatfordUK
    2013332134,630
    2012327121,659
    % change1.5%10.7%
    Record Year 2013 (332) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    New Companies by Month
    AprilMayJune
    New companies in 201311312099
    New companies in 201287137103
    % change29.9%-12.4%-3.9%
    Record Year2007 (119)2012 (137)2011 (114)

Closed Companies (dissolved)

  1. 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)WatfordUK
    2013466155,192
    2012374147,794
    % change24.6%5.0%
    Record Year2009 (1,354)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)WatfordUK
    201321577,278
    201220880,218
    % change3.4%-3.7%
    Record Year 2009 (729) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013696383
    Closed companies in 2012518572
    % change35.3%-25.9%15%
    Record Year2009 (226)2009 (396)2009 (107)

Net Company Growth

  1. 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)WatfordUK
    2013194114,240
    2012243105,356
    Record Year2007 (745)2007 (171,296)
    Net Growth by Half Year
  2. 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)WatfordUK
    201311757,352
    201211941,441
    Record Year 2007 (181) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2013445716
    Net growth in 2012365231
    Record Year2007 (102)2013 (57)2011 (55)

UK Company Share

  1. 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
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960) 2007 (0.4%)
    Company Share by Half Year
  2. 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
    20130.2%
    20120.3%
    20110.3%
    20100.2%
    20090.3%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.2%0.3%0.2%
    UK formation share in 20120.2%0.3%0.3%
    % change9.1%-14.9%-13.0%
    Record Year1990 (0.5%)1992 (0.4%)1961 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.90%CONSULTING5.25%
    CONSULTANCY1.90%MANAGEMENT4.80%
    MANAGEMENT1.25%CONSULTANCY3.41%
    WATFORD0.92%PROPERTY2.48%
    PROPERTY0.87%TRADING2.05%
    CONSULTANTS0.81%ENGINEERING1.81%
    BUSINESS0.81%DESIGN1.79%
    DAIRY0.76%LONDON1.77%
    CONSTRUCTION0.70%BUSINESS1.77%
    TRADING0.65%CONSULTANTS1.68%
    INVESTMENTS0.60%CONSTRUCTION1.68%
    LONDON0.60%ASSOCIATES1.67%
    GLOBAL0.60%GLOBAL1.59%
    ASSOCIATES0.60%MEDIA1.57%
    ELECTRICAL0.60%CARE1.55%
    IT0.60%J1.53%
    CARE0.54%INVESTMENTS1.46%
    PROPERTIES0.54%IT1.40%
    DEVELOPMENTS0.49%PROPERTIES1.40%
    MARKETING0.43%M1.26%
    MEDIA0.43%BUILDING1.22%
    PRODUCTIONS0.43%ELECTRICAL1.19%
    SERVICE0.38%ENTERPRISES1.18%
    SECURITY0.38%CAPITAL1.16%
    CONTRACTORS0.38%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied615257,517
    70229 - Management consultancy activities other than financial management14433,633
    62020 - Information technology consultancy activities12225,583
    82990 - Other business support service activities not elsewhere classified10054,555
    99999 - Dormant Company7044,817
    96090 - Other service activities not elsewhere classified5824,324
    62090 - Other information technology service activities5412,578
    74909 - Other professional, scientific and technical activities not elsewhere classified2817,095
    62012 - Business and domestic software development248,590
    41100 - Development of building projects228,876
    41202 - Construction of domestic buildings205,665
    43390 - Other building completion and finishing195,253
    69201 - Accounting and auditing activities196,771
    86900 - Other human health activities198,687
    74990 - Non-trading company1914,303
    43210 - Electrical installation185,611
    43999 - Other specialised construction activities not elsewhere classified157,212
    49410 - Freight transport by road156,273
    78109 - Other activities of employment placement agencies153,371
    68209 - Other letting and operating of own or leased real estate157,871

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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