Welwyn Garden City, Hertfordshire

2010 Annual Business Confidence Report

Headlines

  • October 2010 saw a new record in net growth in Welwyn Garden City when compared to any previous October.

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 (2010)

    A total of 228 companies were formed in Welwyn Garden City in 2010. This total is 6.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWelwyn Garden CityUK
    2010228400,358
    2009215362,675
    2008207349,203
    2007258457,649
    2006168405,440
    Record Year2007 (258)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 108 companies were formed in Welwyn Garden City. This figure is 18.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Welwyn Garden City occurred in 2008 when a total of 109 were formed.

    Half Year (Jul-Dec)Welwyn Garden CityUK
    2010108196,609
    200991180,654
    % change18.7%8.8%
    Record Year2008 (109)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 52 companies were registered in Welwyn Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 13.0% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)Welwyn Garden CityUK
    20105295,117
    20094685,983
    % change13.0%10.6%
    Record Year 2010 (52) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010201715
    New companies in 2009102412
    % change100.0%-29.2%25.0%
    Record Year2006 (28)2007 (25)2008 (15)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 159 companies were dissolved in Welwyn Garden City in 2010. This total is 28.1% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWelwyn Garden CityUK
    2010159342,232
    2009221533,773
    200886237,901
    2007111220,295
    2006104200,166
    Record Year2009 (221)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 64 companies were dissolved in Welwyn Garden City. This figure is 36.0% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Welwyn Garden City occurred in 2009 when a total of 100 were closed.

    Half Year (Jul-Dec)Welwyn Garden CityUK
    201064164,601
    2009100244,537
    % change-36.0%-32.7%
    Record Year2009 (100)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 25 companies were dissolved in Welwyn Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 41.9% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)Welwyn Garden CityUK
    20102576,896
    20094385,136
    % change-41.9%-9.7%
    Record Year 2009 (43) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20109124
    Closed companies in 2009231010
    % change-60.9%20.0%-60%
    Record Year2009 (23)2006 (19)2002 (14)

Net Company Growth

  1. Annual Data (2010)

    A total of 69 companies were added to the company register for Welwyn Garden City in 2010. This number represents growth of 32.1% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 75 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Welwyn Garden City company register grew by 147 companies.

    YearWelwyn Garden CityUK
    20106958,126
    2009-6-171,098
    2008121111,302
    2007147237,354
    200664205,274
    Record Year2007 (147)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Welwyn Garden City increased by 44 companies.

    Half Year (Jul-Dec)Welwyn Garden CityUK
    20104432,008
    2009-9-63,883
    Record Year2008 (68)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Welwyn Garden City during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 27 companies.

    fourth quarter (Oct 2010 - Dec 2010)Welwyn Garden CityUK
    20102718,221
    20093847
    Record Year 2008 (30) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in net growth in Welwyn Garden City when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201011511
    Net growth in 2009-13142
    Record Year2006 (11)2007 (15)2008 (12)

UK Company Share

  1. Annual Data (2010)

    In 2010 Welwyn Garden City formed 0.1% of all UK companies. This is no change on 2009 when Welwyn Garden City was responsible for 0.1% of all UK companies.

    YearWelwyn Garden City
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960)1966 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Welwyn Garden City formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Welwyn Garden City
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Welwyn Garden City formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Welwyn Garden City
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1985 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.0%0.1%
    UK formation share in 20090.0%0.1%0.0%
    % change75.5%-36.7%18.9%
    Record Year1968 (0.2%)1966 (0.2%)1966 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.5.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 47.1.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 48.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 10.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Welwyn Garden City was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Welwyn Garden City in 2010 was 26.5%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Welwyn Garden City was 1860 when 42.9% of all directors were female.

    29.5% of all director appointments in Welwyn Garden City in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Welwyn Garden City was in 1977 when 31.1% of all directors were female.

    34.1% of all director appointments in Welwyn Garden City in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTANCY2.32%CONSULTING5.06%
    DARWIN1.39%MANAGEMENT5.01%
    LEISURE1.39%CONSULTANCY3.14%
    IT1.16%PROPERTY2.36%
    BROX1.16%TRADING2.11%
    HEATH1.16%ASSOCIATES1.95%
    BOURNE1.16%DESIGN1.92%
    HOUSE0.70%BUSINESS1.82%
    PROJECT0.70%CONSTRUCTION1.82%
    CONSULTANTS0.70%CONSULTANTS1.76%
    CONSULTING0.70%MEDIA1.71%
    ELECTRICAL0.70%ENGINEERING1.62%
    EDUCATION0.70%LONDON1.60%
    PERSONNEL0.70%CARE1.45%
    ENGINEERING0.70%INVESTMENTS1.44%
    CONCRETE0.70%GLOBAL1.43%
    SPORTS0.70%J1.42%
    LOGISTICS0.46%IT1.41%
    IRONMONGERY0.46%PROPERTIES1.34%
    ARCHITECTURAL0.46%INTERNATIONAL1.34%
    B0.46%BUILDING1.34%
    FINANCIAL0.46%M1.30%
    DESIGN0.46%ELECTRICAL1.25%
    MAYA0.46%SYSTEMS1.24%
    RED0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied93199,572
    7487 - Other business activities3763,348
    99999 - Dormant Company1216,285
    62020 - Information technology consultancy activities109,177
    9999 - Dormant Company920,144
    82990 - Other business support service activities not elsewhere classified927,550
    7414 - Business & management consultancy913,474
    7222 - Other software consultancy and supply87,298
    74990 - Non-trading company78,243
    86900 - Other human health activities73,700
    7260 - Other computer related activities78,089
    7499 - Non-trading company612,000
    96090 - Other service activities not elsewhere classified68,799
    9305 - Other service activities68,858
    4521 - General construction & civil engineering66,598
    74909 - Other professional, scientific and technical activities not elsewhere classified67,088
    8514 - Other human health activities52,450
    43220 - Plumbing, heat and air-conditioning installation52,187
    70229 - Management consultancy activities other than financial management514,505
    62090 - Other information technology service activities56,330

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07479755 TEE-SOFT CONSULTANCY LIMITED 30 Dec 2010
    07475543 FURNITURE RECYCLING SCHEME FOR HERTFORDSHIRE 21 Dec 2010
    07464392 BELLCROWN CONSULTANCY LIMITED 08 Dec 2010
    07460622 HOWLANDS ELECTRICAL LTD 06 Dec 2010
    07456657 K&M SPORTS SERVICES LTD 01 Dec 2010
    07479868 VELDOR FINANCIAL SERVICES LTD 30 Dec 2010
    07479237 GRAHAM CARTER ASSOCIATES LIMITED 29 Dec 2010
    07478043 PROBILITY LIMITED 23 Dec 2010
    07476146 5 & 2 REGALE LIMITED 22 Dec 2010
    07470918 LOB LTD 15 Dec 2010
    07466611 BROX BOURNE HEATH LEISURE (OLDHAM) LIMITED 10 Dec 2010
    07466107 ANYTHINGDOGZ LIMITED 10 Dec 2010
    07462272 COMMUNICATIONS CHAMBERS RK LTD 07 Dec 2010
    07461925 RRB SCHOOLS LIMITED 07 Dec 2010
    07458231 V & H KANDALA LTD 02 Dec 2010

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