Watford, Hertfordshire
Q1 2014 Business Confidence Report
Headlines
- February 2014 saw a new record in company registrations in Watford when compared to any previous February.
- January 2014 saw a new record in company registrations in Watford when compared to any previous January.
- February 2014 saw a new record in company closures in Watford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 437 companies were registered in Watford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 33.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Watford UK 2014 437 150,722 2013 328 134,802 % change 33.2% 11.8% Record Year 2007 (706) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Watford when compared to any previous February.
January 2014 saw a new record in company registrations in Watford when compared to any previous January.
New Companies by Month
January February March New companies in 2014 143 137 157 New companies in 2013 99 103 126 % change 44.4% 33.0% 24.6% Record Year 2014 (143) 2014 (137) 2007 (478)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 264 companies were dissolved in Watford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 5.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Watford UK 2014 264 82,370 2013 251 77,914 % change 5.2% 5.7% Record Year 2009 (625) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Watford when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 91 103 70 Closed companies in 2013 115 70 66 % change -20.9% 47.1% 6% Record Year 2009 (160) 2014 (103) 2009 (376)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Watford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 173 companies.
first quarter (Jan 2014 - Mar 2014) Watford UK 2014 173 68,352 2013 77 56,888 Record Year 2007 (564) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 52 34 87 Net growth in 2013 -16 33 60 Record Year 2007 (53) 2007 (74) 2007 (437)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Watford formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Watford 2014 0.3% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.3% Record Year (since 1960) 2007 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.2% 0.2% 0.3% % change 35.1% 22.8% 4.0% Record Year 1993 (0.4%) 1991 (0.4%) 2007 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 43.5.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Watford was in 2005 when 27.9% of all directors were female.
25.4% of all director appointments in Watford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.94% CONSULTING 5.22% MANAGEMENT 1.67% MANAGEMENT 4.67% CONSULTANCY 1.45% CONSULTANCY 3.49% PROPERTY 1.18% PROPERTY 2.64% WATFORD 1.04% TRADING 2.05% LONDON 1.04% LONDON 1.88% DESIGN 0.81% ENGINEERING 1.86% ELECTRICAL 0.77% CARE 1.79% CARE 0.72% CONSTRUCTION 1.75% MEDIA 0.68% DESIGN 1.75% FINANCIAL 0.63% CONSULTANTS 1.73% INVESTMENTS 0.63% BUSINESS 1.71% SECURITY 0.63% PROPERTIES 1.60% BUSINESS 0.63% INVESTMENTS 1.60% NUTRA 0.63% GLOBAL 1.58% DEVELOPMENTS 0.59% J 1.48% IT 0.59% ASSOCIATES 1.48% LEASING 0.54% MEDIA 1.48% TRADING 0.54% IT 1.33% PROJECTS 0.54% TRANSPORT 1.30% J 0.50% DEVELOPMENTS 1.29% PROPERTIES 0.50% BUILDING 1.24% PRODUCTIONS 0.50% M 1.21% M 0.45% CAPITAL 1.20% GLOBAL 0.45% ELECTRICAL 1.19%
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 686 280,210 70229 - Management consultancy activities other than financial management 147 37,882 62020 - Information technology consultancy activities 121 27,750 82990 - Other business support service activities not elsewhere classified 87 56,411 99999 - Dormant Company 83 47,084 96090 - Other service activities not elsewhere classified 65 26,700 62090 - Other information technology service activities 44 12,813 74909 - Other professional, scientific and technical activities not elsewhere classified 32 18,491 41100 - Development of building projects 31 9,855 62012 - Business and domestic software development 26 9,509 68209 - Other letting and operating of own or leased real estate 24 9,284 41202 - Construction of domestic buildings 23 6,559 69201 - Accounting and auditing activities 23 7,313 74990 - Non-trading company 23 14,135 86900 - Other human health activities 22 10,273 43390 - Other building completion and finishing 20 5,521 56290 - Other food services 20 3,980 78109 - Other activities of employment placement agencies 18 3,840 47990 - Other retail sale not in stores, stalls or markets 17 5,988 43999 - Other specialised construction activities not elsewhere classified 16 8,155
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08918649 WILLAZOLD LIMITED 03 Mar 2014 08934851 LARANAYA CONSULTING LIMITED 12 Mar 2014 08940321 KNRA CONSULTING LTD 14 Mar 2014 08943233 AL KYC SPECIALISTS LTD 17 Mar 2014 08945002 HIGH FIRS PENTHOUSES LIMITED 18 Mar 2014 08948691 CAZBO DRAFTING SERVICES LTD 19 Mar 2014 08949185 K LEACH LIMITED 20 Mar 2014 08950383 HOLDAM EVENTS LTD 20 Mar 2014 08953199 HE REGISTERED DIRECT LTD 21 Mar 2014 08963810 TUX FUTURES LIMITED 27 Mar 2014 08963911 BRAVO MANAGEMENT (WATFORD) LIMITED 27 Mar 2014 08965678 TEMP 2 GO LIMITED 28 Mar 2014 08967920 DANAFITPRO LIMITED 31 Mar 2014 08919976 MONS HILL LTD 03 Mar 2014 08924734 AMARA LAND LIMITED 05 Mar 2014 08928613 AK CAPITAL INVESTMENTS LTD 07 Mar 2014 08929367 GULZARINE MEHMOOD GILL LIMITED 07 Mar 2014 08930190 MAYA MEDICARE LTD 10 Mar 2014 08936281 UNIVERSAL ACCOUNTANCY LTD 12 Mar 2014 08942254 JOAK SERVICES LIMITED 17 Mar 2014 08945229 DP DIGITAL LIMITED 18 Mar 2014 08950996 KEVIN SLATTERY PAINTING & DECORATING LIMITED 20 Mar 2014 08958890 BLUE SKY PROPERTY CONSULTANTS LTD 25 Mar 2014 08959209 JONATHAN SAMPSON CONSULTANCY LTD 26 Mar 2014 08963330 HERTS DESIGN & BUILD LTD 27 Mar 2014
reports
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