Watford, Hertfordshire
2013 Annual 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
- The second half of 2013 saw a new record in company registrations in Watford when compared to any previous second half year.
- November 2013 saw a new record in company registrations in Watford when compared to any previous November.
- December 2013 saw a new record in company closures in Watford when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2013)
A total of 1,438 companies were formed in Watford in 2013. This total is 23.5% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Watford UK 2013 1,438 529,363 2012 1,164 491,893 2011 1,118 452,870 2010 1,012 400,358 2009 843 362,675 Record Year 2007 (1,607) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Watford when compared to any previous second half year.
In the second half of 2013 a total of 778 companies were formed in Watford. This figure is 42.2% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Watford occurred in 2013 when a total of 778 were formed.
Half Year (Jul-Dec) Watford UK 2013 778 259,931 2012 547 238,743 % change 42.2% 8.9% Record Year 2013 (778) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 353 companies were registered in Watford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 37.4% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Watford UK 2013 353 127,247 2012 257 119,875 % change 37.4% 6.1% Record Year 2007 (361) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Watford when compared to any previous November.
New Companies by Month
October November December New companies in 2013 136 138 79 New companies in 2012 113 69 75 % change 20.4% 100.0% 5.3% Record Year 2007 (231) 2013 (138) 2006 (106)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 955 companies were dissolved in Watford in 2013. This total is 23.2% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Watford UK 2013 955 332,213 2012 775 293,729 2011 739 314,524 2010 883 342,233 2009 1,920 533,789 Record Year 2009 (1,920) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 489 companies were dissolved in Watford. This figure is 21.9% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Watford occurred in 2009 when a total of 566 were closed.
Half Year (Jul-Dec) Watford UK 2013 489 177,021 2012 401 145,935 % change 21.9% 21.3% Record Year 2009 (566) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 245 companies were dissolved in Watford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 32.4% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Watford UK 2013 245 90,851 2012 185 70,027 % change 32.4% 29.7% Record Year 2008 (255) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Watford when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2013 74 77 94 Closed companies in 2012 93 52 40 % change -20.4% 48.1% 135% Record Year 2012 (93) 2008 (125) 2013 (94)
Net Company Growth
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Annual Data (2013)
A total of 483 companies were added to the company register for Watford in 2013. This number represents growth of 33.6% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 94 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Watford company register grew by 1,020 companies.
Year Watford UK 2013 483 197,150 2012 389 198,164 2011 379 138,346 2010 129 58,125 2009 -1,077 -171,114 Record Year 2007 (1,020) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Watford increased by 289 companies.
Half Year (Jul-Dec) Watford UK 2013 289 82,910 2012 146 92,808 Record Year 2006 (359) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Watford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 108 companies.
fourth quarter (Oct 2013 - Dec 2013) Watford UK 2013 108 36,396 2012 72 49,848 Record Year 2007 (185) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 62 61 -15 Net growth in 2012 20 17 35 Record Year 2007 (168) 2006 (66) 2006 (88)
UK Company Share
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Annual Data (2013)
In 2013 Watford formed 0.3% of all UK companies. This is an improvement on 2012 when Watford was responsible for 0.2% of all UK companies.
Year Watford 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.3% 2009 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Watford formed 0.3% of all UK companies. This is more than the 2012 figure of 0.2%.
Half Year (Jul-Dec) Watford 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1992 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Watford formed 0.3% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Watford 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.3% 2009 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.3% 0.2% UK formation share in 2012 0.2% 0.2% 0.2% % change 11.9% 96.5% -4.2% Record Year 2007 (0.7%) 2013 (0.3%) 1990 (0.6%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 42.7.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 41.9.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 41.9.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Watford was 1970 when 100.0% of all directors were female.
The percentage of female directors in Watford in 2013 was 25.1%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Watford was 2010 when 28.4% of all directors were female.
24.2% of all director appointments in Watford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Watford was in 2012 when 31.2% of all directors were female.
26.9% of all director appointments in Watford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.40% CONSULTING 5.22% CONSULTANCY 1.63% MANAGEMENT 4.72% MANAGEMENT 1.54% CONSULTANCY 3.45% PROPERTY 1.06% PROPERTY 2.59% WATFORD 1.06% TRADING 2.08% CARE 0.82% ENGINEERING 1.87% LONDON 0.77% LONDON 1.86% NUTRA 0.67% DESIGN 1.76% SECURITY 0.62% CONSTRUCTION 1.73% IT 0.62% CARE 1.73% INVESTMENTS 0.62% BUSINESS 1.71% DAIRY 0.62% CONSULTANTS 1.68% DESIGN 0.62% GLOBAL 1.58% MEDIA 0.62% INVESTMENTS 1.56% PROPERTIES 0.58% PROPERTIES 1.54% ELECTRICAL 0.58% ASSOCIATES 1.53% TRADING 0.58% J 1.51% PROJECTS 0.53% MEDIA 1.50% BUSINESS 0.53% IT 1.35% ASSOCIATES 0.53% DEVELOPMENTS 1.23% CONSULTANTS 0.53% M 1.23% CONSTRUCTION 0.53% BUILDING 1.21% PRODUCTIONS 0.53% ELECTRICAL 1.20% DEVELOPMENTS 0.48% CAPITAL 1.19% J 0.48% ENERGY 1.14%
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 654 266,814 70229 - Management consultancy activities other than financial management 142 36,164 62020 - Information technology consultancy activities 118 27,183 82990 - Other business support service activities not elsewhere classified 94 55,342 99999 - Dormant Company 82 46,762 96090 - Other service activities not elsewhere classified 68 26,001 62090 - Other information technology service activities 43 12,511 74909 - Other professional, scientific and technical activities not elsewhere classified 30 18,034 41100 - Development of building projects 28 9,485 62012 - Business and domestic software development 28 9,360 69201 - Accounting and auditing activities 25 7,075 74990 - Non-trading company 23 14,223 43390 - Other building completion and finishing 22 5,405 68209 - Other letting and operating of own or leased real estate 21 8,733 86900 - Other human health activities 21 9,543 41202 - Construction of domestic buildings 20 6,191 56290 - Other food services 19 3,837 78109 - Other activities of employment placement agencies 17 3,736 43999 - Other specialised construction activities not elsewhere classified 16 7,823 70221 - Financial management 15 3,085
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08758832 MDMH SERVICES LTD 01 Nov 2013 08762986 SAFE HOUSE LONDON LIMITED 05 Nov 2013 08763578 LONDON CIDER COMPANY LTD 06 Nov 2013 08764512 ROSE PM CONSULTANCY LTD 06 Nov 2013 08778300 TWC CONTRACTS LIMITED 18 Nov 2013 08786188 JUST BROWZIN LTD 22 Nov 2013 08787465 DP FLOW LTD 22 Nov 2013 08790082 GASKIN HINCKLEY LIMITED 26 Nov 2013 08792715 PRAANA CONSULTING LTD 27 Nov 2013 08762643 TREOIR LIMITED 05 Nov 2013 08767451 WATFORD ENGINEERING LIMITED 08 Nov 2013 08769401 REG PICKERING CRIME CONSULTANT LIMITED 11 Nov 2013 08774816 BLUE IMPORT EXPORT LTD 14 Nov 2013 08778512 MBAKEY EXPORT AND FINANCE LIMITED 18 Nov 2013 08781264 ZACAMAL LIMITED 19 Nov 2013 08788663 YUAN YUAN UK SERVICE LTD 25 Nov 2013 08790003 ALPHA CITY ACCOUNTING LTD 26 Nov 2013 08793259 GELTZ LIMITED 27 Nov 2013 08796209 MIHYL LIMITED 29 Nov 2013 08761839 AAHAR LIMITED 05 Nov 2013 08763497 LONDON PERSPECTIVES FESTIVAL LTD 06 Nov 2013 08763981 CONSTRUCT ID LIMITED 06 Nov 2013 08784527 LEOPARD CORPORATION LIMITED 21 Nov 2013 08757907 JUNDI&AZMEH LIMITED 01 Nov 2013 08758250 ANTHONY BOOTH & ASSOCIATES LIMITED 01 Nov 2013
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