Braintree, Essex

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company closures in Braintree when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Braintree when compared to any previous December.
  • October 2014 saw a new record in company closures in Braintree 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 (2014)

    A total of 446 companies were formed in Braintree in 2014. This total is 2.2% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBraintreeUK
    2014446582,051
    2013456529,363
    2012462491,893
    2011376452,870
    2010388400,358
    Record Year2012 (462)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 189 companies were formed in Braintree. This figure is 6.0% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Braintree occurred in 2012 when a total of 215 were formed.

    Half Year (Jul-Dec)BraintreeUK
    2014189281,320
    2013201259,931
    % change-6.0%8.2%
    Record Year2012 (215)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 80 companies were registered in Braintree during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 13.0% 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)BraintreeUK
    201480137,906
    201392127,247
    % change-13.0%8.4%
    Record Year 2011 (108) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014272924
    New companies in 2013333524
    % change-18.2%-17.1%0.0%
    Record Year2011 (39)2010 (44)2011 (25)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 271 companies were dissolved in Braintree in 2014. This total is 8.1% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearBraintreeUK
    2014271367,937
    2013295332,213
    2012224293,729
    2011196314,524
    2010236342,233
    Record Year2009 (299)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 143 companies were dissolved in Braintree. This figure is 7.5% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Braintree occurred in 2014 when a total of 143 were closed.

    Half Year (Jul-Dec)BraintreeUK
    2014143190,730
    2013133177,021
    % change7.5%7.7%
    Record Year2014 (143)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 80 companies were dissolved in Braintree during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 14.3% 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)BraintreeUK
    20148089,060
    20137090,851
    % change14.3%-2.0%
    Record Year 2014 (80) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Braintree when compared to any previous December.

    October 2014 saw a new record in company closures in Braintree when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014301832
    Closed companies in 2013272122
    % change11.1%-14.3%45%
    Record Year2014 (30)2013 (21)2014 (32)

Net Company Growth

  1. Annual Data (2014)

    A total of 175 companies were added to the company register for Braintree in 2014. This number represents growth of 39.2% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 14 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Braintree company register grew by 238 companies.

    YearBraintreeUK
    2014175214,114
    2013161197,150
    2012238198,164
    2011180138,346
    201015258,125
    Record Year2012 (238)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Braintree increased by 46 companies.

    Half Year (Jul-Dec)BraintreeUK
    20144690,590
    20136882,910
    Record Year2003 (127)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Braintree during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 0 companies.

    fourth quarter (Oct 2014 - Dec 2014)BraintreeUK
    2014048,846
    20132236,396
    Record Year 2011 (56) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014-311-8
    Net growth in 20136142
    Record Year2011 (30)2010 (25)2003 (20)

UK Company Share

  1. Annual Data (2014)

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

    YearBraintree
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2010 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Braintree
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2010 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Braintree
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1992 (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-22.2%-21.3%-14.4%
    Record Year2001 (0.1%)2010 (0.1%)1991 (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 3.8% 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 43.8.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.8% 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 44.2.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.8% 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 Braintree was 1987 when 100.0% of all directors were female.

    The percentage of female directors in Braintree in 2014 was 27.9%. 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 Braintree was 2005 when 35.7% of all directors were female.

    27.9% of all director appointments in Braintree 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 Braintree was in 2008 when 40.2% of all directors were female.

    28.3% of all director appointments in Braintree 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
    PROPERTY2.10%CONSULTING5.22%
    ONE1.86%MANAGEMENT4.58%
    ELECTRICAL1.24%CONSULTANCY3.57%
    CONSULTING1.11%PROPERTY2.66%
    ESSEX1.11%CONSTRUCTION2.12%
    DEVELOPMENTS0.87%ENGINEERING2.10%
    MANAGEMENT0.87%CARE2.02%
    ASSOCIATES0.87%TRADING1.94%
    L0.74%LONDON1.93%
    BUILDING0.74%TRANSPORT1.93%
    BRAINTREE0.74%DESIGN1.66%
    MARKETING0.62%CONSULTANTS1.64%
    CONSULTANTS0.62%ELECTRICAL1.62%
    (BRAINTREE)0.62%PROPERTIES1.62%
    TRAINING0.50%BUSINESS1.56%
    J0.50%J1.54%
    PRINT0.50%CO.,1.50%
    K0.50%GLOBAL1.49%
    CONSULTANCY0.50%INVESTMENTS1.48%
    ENVIRONMENTAL0.50%ASSOCIATES1.47%
    (ESSEX)0.50%DEVELOPMENTS1.35%
    ENTERPRISES0.50%MEDIA1.33%
    BUSINESS0.50%IT1.31%
    LOGISTICS0.50%BUILDING1.29%
    R0.50%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied164265,608
    99999 - Dormant Company6648,509
    70229 - Management consultancy activities other than financial management4342,290
    62020 - Information technology consultancy activities2930,178
    82990 - Other business support service activities not elsewhere classified2758,068
    96090 - Other service activities not elsewhere classified2029,009
    90030 - Artistic creation184,610
    68320 - Management of real estate on a fee or contract basis186,010
    96020 - Hairdressing and other beauty treatment176,742
    74990 - Non-trading company1613,984
    49410 - Freight transport by road1510,842
    43210 - Electrical installation135,985
    43999 - Other specialised construction activities not elsewhere classified138,761
    43220 - Plumbing, heat and air-conditioning installation135,189
    74909 - Other professional, scientific and technical activities not elsewhere classified1219,049
    43910 - Roofing activities121,475
    41100 - Development of building projects1211,397
    62090 - Other information technology service activities1012,837
    64209 - Activities of other holding companies not elsewhere classified103,776
    43290 - Other construction installation103,286

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09249457 REGENT SQUARE LIMITED 06 Oct 2014
    09252799 FIRST & FOREMOST EVENTS LIMITED 07 Oct 2014
    09257677 M CARTER BUILDERS LIMITED 10 Oct 2014
    09257738 P & L COMMISSIONING SERVICES LIMITED 10 Oct 2014
    09259155 T&S TRUCKING LTD 10 Oct 2014
    09260573 SUNRAYS IMAGING AND RECRUITMENT SERVICES LIMITED 13 Oct 2014
    09263136 G-TECH ROOFING LTD 14 Oct 2014
    09266403 KEN MOSS ENGINEERING CONSULTANT LTD 16 Oct 2014
    09267228 MLS ENVIRONMENTAL LTD 16 Oct 2014
    09268232 JAY DISCOUNT FOODS LTD 17 Oct 2014
    09271705 L A CARS (BRAINTREE) LIMITED 20 Oct 2014
    09278585 BLACKWATER FINANCIAL SERVICES LIMITED 24 Oct 2014
    09279214 WATS ACCOUNTING LTD 24 Oct 2014
    09280565 SPA (SOURCING AND PROCUREMENT IN ACTION) LTD 27 Oct 2014
    09290704 ALL COLOUR WINDOWS AND DOORS LIMITED 31 Oct 2014
    09243807 NATURAL ENERGY DRINKS LIMITED 01 Oct 2014
    09246259 LONDON UNDERGROUND SCENE LIMITED 02 Oct 2014
    09246296 STEVE RYAN PHOTOGRAPHER LIMITED 02 Oct 2014
    09250285 5 ACES LTD 06 Oct 2014
    09251626 FESTOON AND REVEL LTD 07 Oct 2014
    09266564 LOVE THY NEIGHBOUR LTD. 16 Oct 2014
    09274719 NED FORUM LTD 22 Oct 2014
    09287325 GC EXECUTIVE CARS LIMITED 29 Oct 2014
    09290655 THREE 60 HIRE LIMITED 31 Oct 2014
    09290870 LYME BAY PRESS LTD 31 Oct 2014

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