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 08472582 MYCRMADVISOR LTD 03 Apr 2013 08481139 MONAYAS LIMITED 09 Apr 2013 08489961 LONDON DESIGN PROJECTS LIMITED 16 Apr 2013 08490145 J & P DAIRY LTD 16 Apr 2013 08492713 RV DIGITAL PHOTOGRAPHY LTD 17 Apr 2013 08494547 STYLES APPAREL LTD 18 Apr 2013 08497459 TRES CONSULTING LTD 22 Apr 2013 08497680 NORTHWOOD DAIRY LTD 22 Apr 2013 08501239 WELLER INDUSTRIES LIMITED 23 Apr 2013 08503726 CREAFOOD LIMITED 25 Apr 2013 08503759 ENVIVO PROPERTY EXPERTS LIMITED 25 Apr 2013 08509862 FLATS FORGOTTEN LTD 30 Apr 2013 08468623 A2Z ROOFING LIMITED 02 Apr 2013 08479045 AYAAN CONSULTING LIMITED 08 Apr 2013 08487596 SAZAN LTD 15 Apr 2013 08500564 CASSIO PROPERTIES LIMITED 23 Apr 2013 08510961 DR S WITHANA LTD 30 Apr 2013 08469063 GILL' YOUTH INDOOR SOCCER TRAINING LTD 02 Apr 2013 08471037 CMX TRADING LTD 03 Apr 2013 08474167 LEE BROCKWITZ ROOFING LIMITED 04 Apr 2013 08480339 APT MEDICAL LTD 09 Apr 2013 08491396 NJW SECURITY LTD 16 Apr 2013 08503705 NEW AGE VINTAGE LTD 25 Apr 2013 08474566 29 ARTS IN PROGRESS LIMITED 05 Apr 2013 08486398 RAAGHAVI LTD 12 Apr 2013
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