Watford, Hertfordshire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Watford when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Watford when compared to any previous September.
- August 2014 saw a new record in company registrations in Watford when compared to any previous August.
- July 2014 saw a new record in company registrations in Watford when compared to any previous July.
- July 2014 saw a new record in company closures in Watford when compared to any previous July.
- September 2014 saw a new record in net growth in Watford when compared to any previous September.
- August 2014 saw a new record in net growth in Watford when compared to any previous August.
- July 2014 saw a new record in net growth in Watford when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Watford when compared to any previous Q3.
A total of 604 companies were registered in Watford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 42.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Watford UK 2014 604 143,414 2013 425 132,684 % change 42.1% 8.1% Record Year 2014 (604) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Watford when compared to any previous September.
August 2014 saw a new record in company registrations in Watford when compared to any previous August.
July 2014 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 2014 197 213 194 New companies in 2013 120 155 150 % change 64.2% 37.4% 29.3% Record Year 2014 (197) 2014 (213) 2014 (194)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 308 companies were dissolved in Watford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 26.2% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Watford UK 2014 308 101,670 2013 244 86,170 % change 26.2% 18.0% Record Year 2009 (362) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Watford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 117 87 104 Closed companies in 2013 77 79 88 % change 51.9% 10.1% 18% Record Year 2014 (117) 2008 (154) 2009 (203)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Watford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 296 companies.
third quarter (Jul 2014 - Sep 2014) Watford UK 2014 296 41,744 2013 181 46,514 Record Year 2014 (296) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in net growth in Watford when compared to any previous September.
August 2014 saw a new record in net growth in Watford when compared to any previous August.
July 2014 saw a new record in net growth in Watford when compared to any previous July.
Net Growth by Month
July August September Net growth in 2014 80 126 90 Net growth in 2013 43 76 62 Record Year 2014 (80) 2014 (126) 2006 (90)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Watford formed 0.4% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Watford 2014 0.4% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2014 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.4% 0.5% 0.4% UK formation share in 2013 0.3% 0.4% 0.3% % change 49.1% 31.0% 18.6% Record Year 1967 (0.6%) 2014 (0.5%) 1959 (0.9%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 40.6.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Watford was in 2010 when 27.9% of all directors were female.
17.3% of all director appointments in Watford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.68% CONSULTING 5.17% HEALTH 2.20% MANAGEMENT 4.63% MARKETING 2.16% CONSULTANCY 3.55% CONSULTANCY 1.49% PROPERTY 2.62% LONDON 1.01% ENGINEERING 2.07% PROPERTY 0.97% CONSTRUCTION 2.05% MANAGEMENT 0.93% TRADING 2.00% PRODUCTS 0.89% LONDON 1.95% WATFORD 0.86% CARE 1.94% ELITE 0.82% TRANSPORT 1.76% IT 0.78% DESIGN 1.70% CARE 0.78% CONSULTANTS 1.70% DIRECT 0.74% PROPERTIES 1.63% ELECTRICAL 0.67% BUSINESS 1.62% DESIGN 0.67% J 1.53% CONSULTANTS 0.63% ELECTRICAL 1.53% M 0.60% GLOBAL 1.51% BUSINESS 0.60% INVESTMENTS 1.50% TRADING 0.56% ASSOCIATES 1.48% FINANCIAL 0.56% MEDIA 1.38% BUILDING 0.52% CO., 1.36% INVESTMENTS 0.52% DEVELOPMENTS 1.35% CONSTRUCTION 0.52% BUILDING 1.30% J 0.52% IT 1.30% ENGINEERING 0.48% M 1.23%
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 682 278,481 70229 - Management consultancy activities other than financial management 164 40,717 62020 - Information technology consultancy activities 133 29,313 99999 - Dormant Company 92 48,286 82990 - Other business support service activities not elsewhere classified 86 57,264 96090 - Other service activities not elsewhere classified 74 28,224 47990 - Other retail sale not in stores, stalls or markets 41 6,327 62090 - Other information technology service activities 41 12,795 74990 - Non-trading company 37 14,006 41202 - Construction of domestic buildings 31 7,151 86900 - Other human health activities 31 11,807 41100 - Development of building projects 30 10,604 68209 - Other letting and operating of own or leased real estate 29 10,361 62012 - Business and domestic software development 28 9,675 74909 - Other professional, scientific and technical activities not elsewhere classified 26 18,890 43390 - Other building completion and finishing 23 5,786 70221 - Financial management 22 3,550 69201 - Accounting and auditing activities 22 7,401 86101 - Hospital activities 21 3,680 86210 - General medical practice activities 20 4,406
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09156802 CHICANE10 CONSULTING LTD 01 Aug 2014 09162878 A D GARRATT CONSULTING LTD 05 Aug 2014 09162984 BELLA CREATIONS LTD 05 Aug 2014 09164685 CARDIT CONSULTING LTD 06 Aug 2014 09173221 KBF CONSULTING LTD 13 Aug 2014 09182476 FERLESTE LTD 19 Aug 2014 09183948 ONAMADE MEDICAL LTD 20 Aug 2014 09184161 LNC LIMITED 20 Aug 2014 09188340 PROACTIVE (GB) LTD 28 Aug 2014 09197081 ONLINE LIQUIDATION LTD 31 Aug 2014 09156901 REDAS ASSOCIATES LIMITED 01 Aug 2014 09164933 PHR CONSULTANCY LIMITED 06 Aug 2014 09175644 CONCRETE HAULAGE LIMITED 14 Aug 2014 09179772 PARKLANDS ESTATE AGENTS & LETTINGS LTD 18 Aug 2014 09190416 REJOICE CONSULTANCY LTD 28 Aug 2014 09195761 GHC MARKETING LTD 30 Aug 2014 09197093 KIND SOLUTIONS LIMITED 31 Aug 2014 09166363 S L D EQUESTRIAN LIMITED 07 Aug 2014 09186584 SOMA CONSULTING LIMITED 22 Aug 2014 09196602 NINETEEN SIXTY TWO LIMITED 30 Aug 2014 09163739 4RK IT LIMITED 06 Aug 2014 09164011 ATHENS MARKETING SLM7 LTD 06 Aug 2014 09164103 MOYA MARKETING SLM6 LTD 06 Aug 2014 09164407 PAROS DIRECT SLM8 LTD 06 Aug 2014 09164410 MADISON MARKETING DEK8 LTD 06 Aug 2014
reports
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