Watford, Hertfordshire
Q3 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.
Headlines
- Q3 2013 saw a new record in company registrations in Watford when compared to any previous Q3.
- September 2013 saw a new record in company registrations in Watford when compared to any previous September.
- August 2013 saw a new record in company registrations in Watford when compared to any previous August.
- July 2013 saw a new record in company registrations in Watford when compared to any previous July.
- August 2013 saw a new record in net growth in Watford when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Watford when compared to any previous Q3.
A total of 425 companies were registered in Watford during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 46.6% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Watford UK 2013 425 132,684 2012 290 118,868 % change 46.6% 11.6% Record Year 2013 (425) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company registrations in Watford when compared to any previous September.
August 2013 saw a new record in company registrations in Watford when compared to any previous August.
July 2013 saw a new record in company registrations in Watford when compared to any previous July.
New Companies by Month
July August September New companies in 2013 120 155 150 New companies in 2012 105 94 91 % change 14.3% 64.9% 64.8% Record Year 2013 (120) 2013 (155) 2013 (150)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 244 companies were dissolved in Watford during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 13.0% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Watford UK 2013 244 86,170 2012 216 75,908 % change 13.0% 13.5% Record Year 2009 (362) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 77 79 88 Closed companies in 2012 88 74 54 % change -12.5% 6.8% 63% Record Year 2012 (88) 2008 (154) 2009 (203)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Watford during the third quarter of 2013 (Jul 2013 - Sep 2013) was 181 companies.
third quarter (Jul 2013 - Sep 2013) Watford UK 2013 181 46,514 2012 74 42,960 Record Year 2013 (181) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
August 2013 saw a new record in net growth in Watford when compared to any previous August.
Net Growth by Month
July August September Net growth in 2013 43 76 62 Net growth in 2012 17 20 37 Record Year 2004 (67) 2013 (76) 2006 (90)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Watford formed 0.3% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Watford 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.3% 0.4% 0.3% UK formation share in 2012 0.3% 0.2% 0.2% % change 2.3% 51.3% 44.5% Record Year 1967 (0.6%) 2013 (0.4%) 1959 (0.9%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 41.9.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Watford was in 2010 when 27.9% of all directors were female.
21.7% of all director appointments in Watford in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.42% CONSULTING 5.27% CONSULTANCY 1.67% MANAGEMENT 4.75% MANAGEMENT 1.51% CONSULTANCY 3.45% WATFORD 1.06% PROPERTY 2.53% PROPERTY 0.91% TRADING 2.08% NUTRA 0.71% ENGINEERING 1.83% DAIRY 0.71% LONDON 1.79% CONSTRUCTION 0.71% DESIGN 1.78% SECURITY 0.66% BUSINESS 1.74% INVESTMENTS 0.66% CONSTRUCTION 1.70% BUSINESS 0.61% CONSULTANTS 1.69% TRADING 0.61% CARE 1.64% CARE 0.61% ASSOCIATES 1.61% MEDIA 0.61% GLOBAL 1.59% LONDON 0.61% J 1.54% ELECTRICAL 0.56% MEDIA 1.54% CONSULTANTS 0.56% INVESTMENTS 1.53% PROPERTIES 0.56% PROPERTIES 1.45% IT 0.50% IT 1.39% PRODUCTIONS 0.50% M 1.25% DESIGN 0.45% ELECTRICAL 1.20% DEVELOPMENTS 0.45% BUILDING 1.19% ASSOCIATES 0.45% CAPITAL 1.19% CO 0.45% DEVELOPMENTS 1.16% GLOBAL 0.45% TRAINING 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 652 260,135 70229 - Management consultancy activities other than financial management 151 34,970 62020 - Information technology consultancy activities 120 26,675 82990 - Other business support service activities not elsewhere classified 96 54,854 99999 - Dormant Company 73 46,169 96090 - Other service activities not elsewhere classified 67 25,547 62090 - Other information technology service activities 49 12,516 74909 - Other professional, scientific and technical activities not elsewhere classified 31 17,715 69201 - Accounting and auditing activities 26 6,979 41100 - Development of building projects 24 9,271 62012 - Business and domestic software development 23 9,104 86900 - Other human health activities 23 9,203 43390 - Other building completion and finishing 22 5,382 74990 - Non-trading company 21 14,228 78109 - Other activities of employment placement agencies 19 3,601 41202 - Construction of domestic buildings 19 6,039 68209 - Other letting and operating of own or leased real estate 19 8,312 56290 - Other food services 17 3,740 49410 - Freight transport by road 16 6,904 68310 - Real estate agencies 15 3,416
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08596827 IDH ESTATES AND DEVELOPMENTS LIMITED 04 Jul 2013 08599615 LONDON CONSTRUCTION CONCEPTS LTD 05 Jul 2013 08603493 JEKA SOLUTIONS LIMITED 10 Jul 2013 08603739 OSCI LIMITED 10 Jul 2013 08606960 INSISTO MEDIA LIMITED 12 Jul 2013 08615611 HL-ETS LIMITED 18 Jul 2013 08615815 AZEBRA GROUP LTD 18 Jul 2013 08617777 CLASSIC COMPLIANCE LIMITED 19 Jul 2013 08620660 NINE ESTATES LIMITED 23 Jul 2013 08627545 WELL TOLD LIMITED 29 Jul 2013 08629023 SKARN PROJECT CONSULTING LTD 29 Jul 2013 08590758 UNIT 2 (RICKMANSWORTH) LIMITED 01 Jul 2013 08595819 BOWERHAUS (UK) LIMITED 03 Jul 2013 08598334 VISION EDUCATIONAL CONSULTANCY LTD 05 Jul 2013 08616476 ROSE ENVIRONMENTAL ENGINEERING SERVICES LTD 19 Jul 2013 08624766 MACE CONSTRUCTION LTD 25 Jul 2013 08600143 DLAWLINE LIMITED 08 Jul 2013 08618154 POWERSHARE (UK) LIMITED 22 Jul 2013 08628873 WYLIESHARMAN LTD 29 Jul 2013 08630246 JALCON LTD 30 Jul 2013 08604275 O-INTERIORS LTD 10 Jul 2013 08610065 EOIN BUILDERS LIMITED 15 Jul 2013 08616970 CAKE TIN ICING LTD 19 Jul 2013 08618564 TELECOMMUNICO SYSTEMS LTD 22 Jul 2013 08618681 ULTRASONIC VASCULAR IMAGING LTD. 22 Jul 2013
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