Welwyn, Hertfordshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Welwyn when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Welwyn when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Welwyn when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Welwyn when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Welwyn when compared to any previous December.
  • November 2014 saw a new record in company registrations in Welwyn when compared to any previous November.
  • 2014 was a record year for net growth in Welwyn when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in Welwyn when compared to any previous second half year.
  • The second half of 2014 was a record second half year for net growth in Welwyn when compared to any half year in history.
  • November 2014 saw a new record in net growth in Welwyn when compared to any previous November.

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. Annual Data (2014)

    2014 was a record year for company registrations in Welwyn when compared to any year in history.

    A total of 388 companies were formed in Welwyn in 2014. This total is 27.6% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWelwynUK
    2014388582,051
    2013304529,363
    2012153491,893
    2011108452,870
    201086400,358
    Record Year2014 (388)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Welwyn when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Welwyn when compared to any half year in history.

    In the second half of 2014 a total of 201 companies were formed in Welwyn. This figure is 16.2% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Welwyn occurred in 2014 when a total of 201 were formed.

    Half Year (Jul-Dec)WelwynUK
    2014201281,320
    2013173259,931
    % change16.2%8.2%
    Record Year2014 (201)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Welwyn when compared to any previous Q4.

    A total of 101 companies were registered in Welwyn during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 31.2% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WelwynUK
    2014101137,906
    201377127,247
    % change31.2%8.4%
    Record Year 2014 (101) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Welwyn when compared to any previous December.

    November 2014 saw a new record in company registrations in Welwyn when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014322940
    New companies in 2013322619
    % change0.0%11.5%110.5%
    Record Year2013 (32)2014 (29)2014 (40)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 178 companies were dissolved in Welwyn in 2014. This total is 5.8% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWelwynUK
    2014178367,937
    2013189332,213
    201257293,729
    201166314,524
    201066342,233
    Record Year2013 (189)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 92 companies were dissolved in Welwyn. This figure is 14.0% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Welwyn occurred in 2013 when a total of 107 were closed.

    Half Year (Jul-Dec)WelwynUK
    201492190,730
    2013107177,021
    % change-14.0%7.7%
    Record Year2013 (107)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 45 companies were dissolved in Welwyn during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 22.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WelwynUK
    20144589,060
    20135890,851
    % change-22.4%-2.0%
    Record Year 2013 (58) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014131121
    Closed companies in 2013132025
    % change0.0%-45.0%-16%
    Record Year2013 (13)2013 (20)2013 (25)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Welwyn when compared to any year in history.

    A total of 210 companies were added to the company register for Welwyn in 2014. This number represents growth of 54.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 95 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Welwyn company register grew by 210 companies.

    YearWelwynUK
    2014210214,114
    2013115197,150
    201296198,164
    201142138,346
    20102058,125
    Record Year2014 (210)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in net growth in Welwyn when compared to any previous second half year.

    The second half of 2014 was a record second half year for net growth in Welwyn when compared to any half year in history.

    In the second half of 2014 the company register for Welwyn increased by 109 companies.

    Half Year (Jul-Dec)WelwynUK
    201410990,590
    20136682,910
    Record Year2014 (109)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Welwyn during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 56 companies.

    fourth quarter (Oct 2014 - Dec 2014)WelwynUK
    20145648,846
    20131936,396
    Record Year 2014 (56) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in Welwyn when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014191819
    Net growth in 2013196-6
    Record Year2013 (19)2014 (18)2005 (21)

UK Company Share

  1. Annual Data (2014)

    In 2014 Welwyn formed 0.1% of all UK companies. This is no change on 2013 when Welwyn was responsible for 0.1% of all UK companies.

    YearWelwyn
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2014 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Welwyn formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Welwyn
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Welwyn formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Welwyn
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-5.0%6.0%80.0%
    Record Year1983 (0.1%)2014 (0.1%)2005 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.6.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 41.5.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 40.3.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Welwyn was 1983 when 100.0% of all directors were female.

    The percentage of female directors in Welwyn in 2014 was 28.9%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Welwyn was 2006 when 41.9% of all directors were female.

    28.9% of all director appointments in Welwyn in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Welwyn was in 2005 when 48.0% of all directors were female.

    26.6% of all director appointments in Welwyn in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.39%CONSULTING5.22%
    MEDICAL2.09%MANAGEMENT4.58%
    CONSULTANCY1.94%CONSULTANCY3.57%
    ENGINEERING1.49%PROPERTY2.66%
    MANAGEMENT1.04%CONSTRUCTION2.12%
    CARE1.04%ENGINEERING2.10%
    TRANSPORT0.90%CARE2.02%
    ASSOCIATES0.75%TRADING1.94%
    HERTS0.75%LONDON1.93%
    AVIATION0.75%TRANSPORT1.93%
    CREATIVE0.60%DESIGN1.66%
    TRADING0.60%CONSULTANTS1.64%
    CITY0.60%ELECTRICAL1.62%
    J0.60%PROPERTIES1.62%
    CONSULTANTS0.60%BUSINESS1.56%
    CONSTRUCTION0.60%J1.54%
    ENTERPRISE0.45%CO.,1.50%
    PROPERTY0.45%GLOBAL1.49%
    HEALTHCARE0.45%INVESTMENTS1.48%
    IT0.45%ASSOCIATES1.47%
    BUSINESS0.45%DEVELOPMENTS1.35%
    M0.45%MEDIA1.33%
    BEAUTY0.45%IT1.31%
    DEVELOPMENT0.45%BUILDING1.29%
    INVESTMENTS0.45%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied86265,608
    70229 - Management consultancy activities other than financial management2942,290
    62020 - Information technology consultancy activities2430,178
    82990 - Other business support service activities not elsewhere classified1658,068
    99999 - Dormant Company1548,509
    86900 - Other human health activities1412,976
    74909 - Other professional, scientific and technical activities not elsewhere classified1419,049
    96090 - Other service activities not elsewhere classified1229,009
    69201 - Accounting and auditing activities97,528
    47910 - Retail sale via mail order houses or via Internet710,107
    41100 - Development of building projects711,397
    86101 - Hospital activities64,366
    43999 - Other specialised construction activities not elsewhere classified68,761
    59200 - Sound recording and music publishing activities62,852
    62012 - Business and domestic software development69,752
    86210 - General medical practice activities54,591
    56290 - Other food services54,616
    41202 - Construction of domestic buildings57,559
    45200 - Maintenance and repair of motor vehicles55,425
    56101 - Licensed restaurants58,782

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09335832 BRAYBROOKS IN-CAR LTD 02 Dec 2014
    09336243 CONSENER LTD 02 Dec 2014
    09342401 TRIPLE SE7EN LTD 05 Dec 2014
    09344520 MIMRAM LTD 08 Dec 2014
    09345685 TRANSIDIUM LIMITED 08 Dec 2014
    09348145 LANDSMANS FURNITURE LTD 09 Dec 2014
    09354747 SMITH AND DUNN AUTO SALES LTD 15 Dec 2014
    09356121 PERENNIUS LTD. 16 Dec 2014
    09365700 SORRY MUM LIMITED 23 Dec 2014
    09335436 ELITE PRIVATE CAR HIRE LIMITED 01 Dec 2014
    09338303 3C STRATEGIES LTD 03 Dec 2014
    09340034 JGJ LTD 03 Dec 2014
    09342480 ORDINATRA MINIMA LTD 05 Dec 2014
    09344001 PETKOVA MEDICAL LTD 08 Dec 2014
    09345447 TLA IT CONSULTING LIMITED 08 Dec 2014
    09347491 KNELLA 1959 LIMITED 09 Dec 2014
    09347867 THE DUCHESS CLOSET LIMITED 09 Dec 2014
    09348454 ASAP WGC LIMITED 10 Dec 2014
    09352713 J.R HAYES ELECTRICAL LTD. 12 Dec 2014
    OC397100 AB DANCE LLP 15 Dec 2014
    09355443 MAGNETEAM SOLUTIONS LIMITED 15 Dec 2014
    09355744 CESAR'S HYGIENE LIMITED 15 Dec 2014
    09356786 DESIGN FLOW STUDIO LTD 16 Dec 2014
    09357111 KARA FISH BAR LIMITED 16 Dec 2014
    09357666 LJE APPLICATION SUPPORT LIMITED 16 Dec 2014

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