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

  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 (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)WatfordUK
    2013425132,684
    2012290118,868
    % change46.6%11.6%
    Record Year 2013 (425) 2013 (132,684)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2013120155150
    New companies in 20121059491
    % change14.3%64.9%64.8%
    Record Year2013 (120)2013 (155)2013 (150)

Closed Companies (dissolved)

  1. 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)WatfordUK
    201324486,170
    201221675,908
    % change13.0%13.5%
    Record Year 2009 (362) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013777988
    Closed companies in 2012887454
    % change-12.5%6.8%63%
    Record Year2012 (88)2008 (154)2009 (203)

Net Company Growth

  1. 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)WatfordUK
    201318146,514
    20127442,960
    Record Year 2013 (181) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2013437662
    Net growth in 2012172037
    Record Year2004 (67)2013 (76)2006 (90)

UK Company Share

  1. 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
    20130.3%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.3%0.4%0.3%
    UK formation share in 20120.3%0.2%0.2%
    % change2.3%51.3%44.5%
    Record Year1967 (0.6%)2013 (0.4%)1959 (0.9%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.42%CONSULTING5.27%
    CONSULTANCY1.67%MANAGEMENT4.75%
    MANAGEMENT1.51%CONSULTANCY3.45%
    WATFORD1.06%PROPERTY2.53%
    PROPERTY0.91%TRADING2.08%
    NUTRA0.71%ENGINEERING1.83%
    DAIRY0.71%LONDON1.79%
    CONSTRUCTION0.71%DESIGN1.78%
    SECURITY0.66%BUSINESS1.74%
    INVESTMENTS0.66%CONSTRUCTION1.70%
    BUSINESS0.61%CONSULTANTS1.69%
    TRADING0.61%CARE1.64%
    CARE0.61%ASSOCIATES1.61%
    MEDIA0.61%GLOBAL1.59%
    LONDON0.61%J1.54%
    ELECTRICAL0.56%MEDIA1.54%
    CONSULTANTS0.56%INVESTMENTS1.53%
    PROPERTIES0.56%PROPERTIES1.45%
    IT0.50%IT1.39%
    PRODUCTIONS0.50%M1.25%
    DESIGN0.45%ELECTRICAL1.20%
    DEVELOPMENTS0.45%BUILDING1.19%
    ASSOCIATES0.45%CAPITAL1.19%
    CO0.45%DEVELOPMENTS1.16%
    GLOBAL0.45%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied652260,135
    70229 - Management consultancy activities other than financial management15134,970
    62020 - Information technology consultancy activities12026,675
    82990 - Other business support service activities not elsewhere classified9654,854
    99999 - Dormant Company7346,169
    96090 - Other service activities not elsewhere classified6725,547
    62090 - Other information technology service activities4912,516
    74909 - Other professional, scientific and technical activities not elsewhere classified3117,715
    69201 - Accounting and auditing activities266,979
    41100 - Development of building projects249,271
    62012 - Business and domestic software development239,104
    86900 - Other human health activities239,203
    43390 - Other building completion and finishing225,382
    74990 - Non-trading company2114,228
    78109 - Other activities of employment placement agencies193,601
    41202 - Construction of domestic buildings196,039
    68209 - Other letting and operating of own or leased real estate198,312
    56290 - Other food services173,740
    49410 - Freight transport by road166,904
    68310 - Real estate agencies153,416

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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