Benfleet, Essex
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Benfleet when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Benfleet when compared to any previous second half year.
- December 2014 saw a new record in company registrations in Benfleet when compared to any previous December.
- The second half of 2014 saw a new record in company closures in Benfleet when compared to any previous second half year.
- December 2014 saw a new record in company closures in Benfleet when compared to any previous December.
- November 2014 saw a new record in company closures in Benfleet when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Benfleet when compared to any year in history.
A total of 409 companies were formed in Benfleet in 2014. This total is 5.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Benfleet UK 2014 409 582,051 2013 389 529,363 2012 348 491,893 2011 359 452,870 2010 337 400,358 Record Year 2014 (409) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Benfleet when compared to any previous second half year.
In the second half of 2014 a total of 202 companies were formed in Benfleet. This figure is 5.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Benfleet occurred in 2014 when a total of 202 were formed.
Half Year (Jul-Dec) Benfleet UK 2014 202 281,320 2013 191 259,931 % change 5.8% 8.2% Record Year 2014 (202) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 96 companies were registered in Benfleet during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 7.7% versus the same period last year (Q4 2013). This figure compares badly 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) Benfleet UK 2014 96 137,906 2013 104 127,247 % change -7.7% 8.4% Record Year 2013 (104) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Benfleet when compared to any previous December.
New Companies by Month
October November December New companies in 2014 38 33 25 New companies in 2013 49 35 20 % change -22.4% -5.7% 25.0% Record Year 2013 (49) 2013 (35) 2014 (25)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 317 companies were dissolved in Benfleet in 2014. This total is 33.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Benfleet UK 2014 317 367,937 2013 237 332,213 2012 201 293,729 2011 198 314,524 2010 194 342,233 Record Year 2009 (322) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Benfleet when compared to any previous second half year.
In the second half of 2014 a total of 177 companies were dissolved in Benfleet. This figure is 42.7% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Benfleet occurred in 2014 when a total of 177 were closed.
Half Year (Jul-Dec) Benfleet UK 2014 177 190,730 2013 124 177,021 % change 42.7% 7.7% Record Year 2014 (177) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 80 companies were dissolved in Benfleet during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 19.4% versus the same period last year (Q4 2013). This figure compares poorly 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) Benfleet UK 2014 80 89,060 2013 67 90,851 % change 19.4% -2.0% Record Year 2014 (80) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Benfleet when compared to any previous December.
November 2014 saw a new record in company closures in Benfleet when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 15 29 36 Closed companies in 2013 24 25 18 % change -37.5% 16.0% 100% Record Year 2013 (24) 2014 (29) 2014 (36)
Net Company Growth
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Annual Data (2014)
A total of 92 companies were added to the company register for Benfleet in 2014. This number represents growth of 22.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 60 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Benfleet company register grew by 167 companies.
Year Benfleet UK 2014 92 214,114 2013 152 197,150 2012 147 198,164 2011 161 138,346 2010 143 58,125 Record Year 2007 (167) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Benfleet increased by 25 companies.
Half Year (Jul-Dec) Benfleet UK 2014 25 90,590 2013 67 82,910 Record Year 2003 (84) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Benfleet during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 16 companies.
fourth quarter (Oct 2014 - Dec 2014) Benfleet UK 2014 16 48,846 2013 37 36,396 Record Year 2010 (49) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 23 4 -11 Net growth in 2013 25 10 2 Record Year 2013 (25) 2012 (19) 2010 (16)
UK Company Share
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Annual Data (2014)
In 2014 Benfleet formed 0.1% of all UK companies. This is no change on 2013 when Benfleet was responsible for 0.1% of all UK companies.
Year Benfleet 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1997 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Benfleet formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Benfleet 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1995 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Benfleet formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Benfleet 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1994 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -26.3% -10.5% 7.1% Record Year 1994 (0.1%) 1994 (0.1%) 1991 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.4.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.0%.
Director Age by Year
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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 1.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 41.9.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Benfleet was 1980 when 66.7% of all directors were female.
The percentage of female directors in Benfleet in 2014 was 30.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Benfleet was 2005 when 38.0% of all directors were female.
30.3% of all director appointments in Benfleet 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
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Benfleet was in 2005 when 39.0% of all directors were female.
26.8% of all director appointments in Benfleet 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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BUILDING 1.91% CONSULTING 5.22% J 1.50% MANAGEMENT 4.58% PROPERTY 1.36% CONSULTANCY 3.57% ELECTRICAL 1.36% PROPERTY 2.66% R 1.23% CONSTRUCTION 2.12% CONSULTING 1.23% ENGINEERING 2.10% ESSEX 1.23% CARE 2.02% M 1.23% TRADING 1.94% B 1.09% LONDON 1.93% BENFLEET 1.09% TRANSPORT 1.93% G 1.09% DESIGN 1.66% C 1.09% CONSULTANTS 1.64% (ESSEX) 0.95% ELECTRICAL 1.62% MANAGEMENT 0.95% PROPERTIES 1.62% CONTRACTORS 0.95% BUSINESS 1.56% CONSULTANCY 0.82% J 1.54% HEATING 0.82% CO., 1.50% ENGINEERING 0.82% GLOBAL 1.49% I 0.68% INVESTMENTS 1.48% CONSULTANTS 0.68% ASSOCIATES 1.47% T 0.68% DEVELOPMENTS 1.35% D 0.68% MEDIA 1.33% SUPPLIES 0.68% IT 1.31% ROAD 0.55% BUILDING 1.29% PLUMBING 0.55% M 1.22%
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 153 265,608 99999 - Dormant Company 37 48,509 70229 - Management consultancy activities other than financial management 37 42,290 62020 - Information technology consultancy activities 25 30,178 43390 - Other building completion and finishing 21 5,931 82990 - Other business support service activities not elsewhere classified 19 58,068 43210 - Electrical installation 17 5,985 96090 - Other service activities not elsewhere classified 16 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 13 19,049 41100 - Development of building projects 13 11,397 45200 - Maintenance and repair of motor vehicles 12 5,425 56101 - Licensed restaurants 11 8,782 43999 - Other specialised construction activities not elsewhere classified 10 8,761 64999 - Financial intermediation not elsewhere classified 10 6,083 41202 - Construction of domestic buildings 9 7,559 86900 - Other human health activities 9 12,976 74100 - specialised design activities 9 4,841 49410 - Freight transport by road 8 10,842 70221 - Financial management 8 3,608 68209 - Other letting and operating of own or leased real estate 7 11,212
Recent Companies
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Randomly selected companies from this quarter
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