Chelmsford, Essex
Q3 2010 Business Confidence Report
Headlines
- July 2010 saw a new record in company closures in Chelmsford when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 341 companies were registered in Chelmsford during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 6.6% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Chelmsford UK 2010 341 101,492 2009 320 94,671 % change 6.6% 7.2% Record Year 2007 (343) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 122 105 114 New companies in 2009 116 89 115 % change 5.2% 18.0% -0.9% Record Year 2004 (128) 2005 (132) 2009 (115)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 284 companies were dissolved in Chelmsford during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 14.7% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Chelmsford UK 2010 284 87,705 2009 333 159,401 % change -14.7% -45.0% Record Year 2009 (333) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
July 2010 saw a new record in company closures in Chelmsford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 86 116 82 Closed companies in 2009 66 111 156 % change 30.3% 4.5% -47% Record Year 2010 (86) 2008 (196) 2009 (156)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Chelmsford during the third quarter of 2010 (Jul 2010 - Sep 2010) was 57 companies.
third quarter (Jul 2010 - Sep 2010) Chelmsford UK 2010 57 13,787 2009 -13 -64,730 Record Year 2002 (169) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 36 -11 32 Net growth in 2009 50 -22 -41 Record Year 2008 (85) 2005 (66) 2002 (97)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Chelmsford formed 0.3% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Chelmsford 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.4% 2006 0.3% Record Year (since 1960) 1963 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.4% 0.3% 0.3% UK formation share in 2009 0.4% 0.3% 0.3% % change -2.2% 7.1% -5.0% Record Year 1963 (0.6%) 1963 (0.9%) 1961 (0.8%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 43.4.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Chelmsford was in 1862 when 50.0% of all directors were female.
27.1% of all director appointments in Chelmsford in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.84% MANAGEMENT 5.06% CONSULTING 1.24% CONSULTING 4.99% PROPERTY 1.14% CONSULTANCY 3.12% ASSOCIATES 0.99% PROPERTY 2.38% CONSULTANCY 0.99% TRADING 2.04% TRADING 0.94% ASSOCIATES 2.01% ESSEX 0.94% DESIGN 1.93% CONSTRUCTION 0.94% CONSTRUCTION 1.86% IT 0.74% BUSINESS 1.80% J 0.74% MEDIA 1.75% M 0.65% CONSULTANTS 1.73% INVESTMENTS 0.65% LONDON 1.59% ENGINEERING 0.65% ENGINEERING 1.59% DESIGN 0.60% INVESTMENTS 1.49% MEDIA 0.55% CARE 1.44% ENTERPRISES 0.55% J 1.44% PROPERTIES 0.55% INTERNATIONAL 1.43% D 0.55% GLOBAL 1.42% SYSTEMS 0.55% IT 1.35% CONSULTANTS 0.55% PROPERTIES 1.35% DEVELOPMENTS 0.55% BUILDING 1.32% L 0.50% ELECTRICAL 1.30% S 0.50% M 1.28% BUSINESS 0.50% SYSTEMS 1.26% FINANCIAL 0.50% S 1.24%
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 636 202,902 7487 - Other business activities 211 69,802 7499 - Non-trading company 133 13,408 99999 - Dormant Company 119 14,072 82990 - Other business support service activities not elsewhere classified 68 25,053 9999 - Dormant Company 62 21,484 7414 - Business & management consultancy 56 14,940 74990 - Non-trading company 49 7,649 7260 - Other computer related activities 46 8,967 70229 - Management consultancy activities other than financial management 37 13,161 9305 - Other service activities 36 9,454 62020 - Information technology consultancy activities 34 8,292 7222 - Other software consultancy and supply 29 8,183 74909 - Other professional, scientific and technical activities not elsewhere classified 29 6,460 96090 - Other service activities not elsewhere classified 25 7,767 4545 - Other building completion 20 2,970 62090 - Other information technology service activities 19 5,716 4521 - General construction & civil engineering 18 7,634 5530 - Restaurants 16 5,181 4531 - Installation electrical wiring etc. 16 2,440
Recent Companies
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Randomly selected companies from this quarter
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