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

  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. 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)ChelmsfordUK
    2010341101,492
    200932094,671
    % change6.6%7.2%
    Record Year 2007 (343) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010122105114
    New companies in 200911689115
    % change5.2%18.0%-0.9%
    Record Year2004 (128)2005 (132)2009 (115)

Closed Companies (dissolved)

  1. 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)ChelmsfordUK
    201028487,705
    2009333159,401
    % change-14.7%-45.0%
    Record Year 2009 (333) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 20108611682
    Closed companies in 200966111156
    % change30.3%4.5%-47%
    Record Year2010 (86)2008 (196)2009 (156)

Net Company Growth

  1. 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)ChelmsfordUK
    20105713,787
    2009-13-64,730
    Record Year 2002 (169) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201036-1132
    Net growth in 200950-22-41
    Record Year2008 (85)2005 (66)2002 (97)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.4%
    20060.3%
    Record Year (since 1960) 1963 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.4%0.3%0.3%
    UK formation share in 20090.4%0.3%0.3%
    % change-2.2%7.1%-5.0%
    Record Year1963 (0.6%)1963 (0.9%)1961 (0.8%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.84%MANAGEMENT5.06%
    CONSULTING1.24%CONSULTING4.99%
    PROPERTY1.14%CONSULTANCY3.12%
    ASSOCIATES0.99%PROPERTY2.38%
    CONSULTANCY0.99%TRADING2.04%
    TRADING0.94%ASSOCIATES2.01%
    ESSEX0.94%DESIGN1.93%
    CONSTRUCTION0.94%CONSTRUCTION1.86%
    IT0.74%BUSINESS1.80%
    J0.74%MEDIA1.75%
    M0.65%CONSULTANTS1.73%
    INVESTMENTS0.65%LONDON1.59%
    ENGINEERING0.65%ENGINEERING1.59%
    DESIGN0.60%INVESTMENTS1.49%
    MEDIA0.55%CARE1.44%
    ENTERPRISES0.55%J1.44%
    PROPERTIES0.55%INTERNATIONAL1.43%
    D0.55%GLOBAL1.42%
    SYSTEMS0.55%IT1.35%
    CONSULTANTS0.55%PROPERTIES1.35%
    DEVELOPMENTS0.55%BUILDING1.32%
    L0.50%ELECTRICAL1.30%
    S0.50%M1.28%
    BUSINESS0.50%SYSTEMS1.26%
    FINANCIAL0.50%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied636202,902
    7487 - Other business activities21169,802
    7499 - Non-trading company13313,408
    99999 - Dormant Company11914,072
    82990 - Other business support service activities not elsewhere classified6825,053
    9999 - Dormant Company6221,484
    7414 - Business & management consultancy5614,940
    74990 - Non-trading company497,649
    7260 - Other computer related activities468,967
    70229 - Management consultancy activities other than financial management3713,161
    9305 - Other service activities369,454
    62020 - Information technology consultancy activities348,292
    7222 - Other software consultancy and supply298,183
    74909 - Other professional, scientific and technical activities not elsewhere classified296,460
    96090 - Other service activities not elsewhere classified257,767
    4545 - Other building completion202,970
    62090 - Other information technology service activities195,716
    4521 - General construction & civil engineering187,634
    5530 - Restaurants165,181
    4531 - Installation electrical wiring etc.162,440

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07330250 SAFARO INTERNATIONAL CORPORATION LIMITED 29 Jul 2010
    07323443 PASHA & CO LTD 22 Jul 2010
    07322840 L T ENTERPRISES LIMITED 22 Jul 2010
    07322492 MGROWTY LIMITED 22 Jul 2010
    07320381 VETXML LIMITED 20 Jul 2010
    07319530 MPS PROJECT SOLUTIONS LIMITED 20 Jul 2010
    07309912 URBAN DRYWALL LIMITED 09 Jul 2010
    07304488 TEXTURE BARBERS LTD 05 Jul 2010
    07303546 ALGH SOLUTIONS LIMITED 05 Jul 2010
    07302268 TIDY HOME HOUSEWARE LTD 02 Jul 2010
    07302190 IT MARKETERS LIMITED 01 Jul 2010
    07328898 STROOD INVESTMENTS LTD 28 Jul 2010
    07327570 C.T. PAINTERS (ESSEX) LTD 27 Jul 2010
    07327333 BRIGHT SPARKS CONSULTANCY LIMITED 27 Jul 2010
    07322843 SALIM & CO LTD 22 Jul 2010
    07322406 MARCH BUILDING CONTRACTORS LTD 22 Jul 2010
    07321955 ACTYVNET PLC 21 Jul 2010
    07321460 THE STUDIO PARTNER LIMITED 21 Jul 2010
    07318290 ORME CLEANING SERVICES LIMITED 19 Jul 2010
    07309753 ABSOLUTE EMPLOYMENT LTD 09 Jul 2010
    07307371 HAVERFORD REPRESENTATIVES LIMITED 07 Jul 2010
    07306472 GLOBEMETALS LIMITED 07 Jul 2010
    07306250 DIRECT INSULATIONS (UK) LTD 06 Jul 2010
    07305989 ARRIVA COMPUTING SOLUTIONS LTD 06 Jul 2010
    07304533 DATAM LIMITED 05 Jul 2010