Older directors on the rise in Borehamwood

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Statistics in the latest Duport Business Confidence Report show an increase in the appointment of directors of 65 in Borehamwood.

Older directors are increasing in Borehamwood

An increasing number of more mature directors should bring a wealth of knowledge and expertise into the local economy.

Hertford commuter town, Borehamwood has bucked the national trend with a sharp increase in the appointment of older directors during the first six months of the year.

In the UK as whole, numbers of directors over 65 fell, while numbers in Borehamwood jumped by more than 3% when compared to the same period last year. More detail on director age is available in the full Duport Business Confidence Report at http://www.duport.co.uk/borehamwood.

Where director gender is concerned, Borehamwood mirrored nationwide statistics during the first half of the year. Numbers of female directors fell from 23% to 22%, following a similar pattern to the rest of the UK.

Managing Director of Duport.co.uk, Peter Valaitis said:

“The statistics on director age and gender give an interesting insight into the business community of Borehamwood. An increasing number of more mature directors should bring a wealth of knowledge and expertise into the local economy.”

Duport Business Confidence Reports provide data that helps to paint a picture of local economies. The report for Borehamwood covers a variety of subjects, including company formations and closures, net company growth and UK company share.

Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.

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Tom Valaitis