Chelmsford, Essex
2010 Annual Business Confidence Report
Headlines
- December 2010 saw a new record in company registrations in Chelmsford when compared to any previous December.
- November 2010 saw a new record in company closures in Chelmsford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,318 companies were formed in Chelmsford in 2010. This total is 1.5% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Chelmsford UK 2010 1,318 400,358 2009 1,299 362,675 2008 1,194 349,203 2007 1,438 457,649 2006 1,252 405,440 Record Year 2007 (1,438) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 627 companies were formed in Chelmsford. This figure is 2.8% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Chelmsford occurred in 2009 when a total of 645 were formed.
Half Year (Jul-Dec) Chelmsford UK 2010 627 196,609 2009 645 180,654 % change -2.8% 8.8% Record Year 2009 (645) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 286 companies were registered in Chelmsford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 12.0% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Chelmsford UK 2010 286 95,117 2009 325 85,983 % change -12.0% 10.6% Record Year 2009 (325) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company registrations in Chelmsford when compared to any previous December.
New Companies by Month
October November December New companies in 2010 89 91 106 New companies in 2009 121 112 92 % change -26.4% -18.8% 15.2% Record Year 2007 (137) 2009 (112) 2010 (106)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 1,077 companies were dissolved in Chelmsford in 2010. This total is 27.1% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Chelmsford UK 2010 1,077 342,232 2009 1,477 533,773 2008 723 237,901 2007 734 220,295 2006 773 200,166 Record Year 2009 (1,477) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 527 companies were dissolved in Chelmsford. This figure is 18.5% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Chelmsford occurred in 2009 when a total of 647 were closed.
Half Year (Jul-Dec) Chelmsford UK 2010 527 164,601 2009 647 244,537 % change -18.5% -32.7% Record Year 2009 (647) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 243 companies were dissolved in Chelmsford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 22.6% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Chelmsford UK 2010 243 76,896 2009 314 85,136 % change -22.6% -9.7% Record Year 2009 (314) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Chelmsford when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 87 103 53 Closed companies in 2009 93 95 126 % change -6.5% 8.4% -58% Record Year 2009 (93) 2010 (103) 2009 (126)
Net Company Growth
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Annual Data (2010)
A total of 241 companies were added to the company register for Chelmsford in 2010. This number represents growth of 18.6% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 419 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Chelmsford company register grew by 753 companies.
Year Chelmsford UK 2010 241 58,126 2009 -178 -171,098 2008 471 111,302 2007 704 237,354 2006 479 205,274 Record Year 2003 (753) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Chelmsford increased by 100 companies.
Half Year (Jul-Dec) Chelmsford UK 2010 100 32,008 2009 -2 -63,883 Record Year 2003 (317) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Chelmsford during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 43 companies.
fourth quarter (Oct 2010 - Dec 2010) Chelmsford UK 2010 43 18,221 2009 11 847 Record Year 2003 (164) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 2 -12 53 Net growth in 2009 28 17 -34 Record Year 2008 (90) 2003 (46) 2003 (58)
UK Company Share
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Annual Data (2010)
In 2010 Chelmsford formed 0.3% of all UK companies. This is a decline on 2009 when Chelmsford was responsible for 0.4% of all UK companies.
Year Chelmsford 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1961 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Chelmsford formed 0.3% of all UK companies. This is less than the 2009 figure of 0.4%.
Half Year (Jul-Dec) Chelmsford 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.4% 2006 0.3% Record Year (since 1960) 1963 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Chelmsford formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Chelmsford 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.4% 2006 0.3% Record Year (since 1960) 1963 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.3% 0.4% UK formation share in 2009 0.4% 0.4% 0.4% % change -35.6% -27.4% 9.7% Record Year 1969 (0.7%) 1961 (0.7%) 1975 (0.7%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.6.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.0.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.7.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Chelmsford was 1857 when 36.4% of all directors were female.
The percentage of female directors in Chelmsford in 2010 was 28.0%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Chelmsford was 1860 when 42.9% of all directors were female.
26.9% of all director appointments in Chelmsford in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Chelmsford was in 1977 when 31.1% of all directors were female.
26.6% of all director appointments in Chelmsford in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.86% CONSULTING 5.06% CONSULTING 1.31% MANAGEMENT 5.01% PROPERTY 1.21% CONSULTANCY 3.14% CONSULTANCY 1.01% PROPERTY 2.36% TRADING 0.96% TRADING 2.11% ESSEX 0.91% ASSOCIATES 1.95% ASSOCIATES 0.91% DESIGN 1.92% IT 0.80% BUSINESS 1.82% CONSTRUCTION 0.75% CONSTRUCTION 1.82% M 0.60% CONSULTANTS 1.76% INVESTMENTS 0.60% MEDIA 1.71% BUSINESS 0.55% ENGINEERING 1.62% DESIGN 0.55% LONDON 1.60% DEVELOPMENTS 0.55% CARE 1.45% PROPERTIES 0.55% INVESTMENTS 1.44% MEDIA 0.55% GLOBAL 1.43% SYSTEMS 0.50% J 1.42% ENGINEERING 0.50% IT 1.41% INNS 0.50% PROPERTIES 1.34% (ESSEX) 0.50% INTERNATIONAL 1.34% RECRUITMENT 0.45% BUILDING 1.34% L 0.45% M 1.30% MAINTENANCE 0.45% ELECTRICAL 1.25% LEISURE 0.45% SYSTEMS 1.24% J 0.45% S 1.23%
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 622 199,572 7487 - Other business activities 191 63,348 7499 - Non-trading company 124 12,000 99999 - Dormant Company 119 16,285 82990 - Other business support service activities not elsewhere classified 82 27,550 9999 - Dormant Company 62 20,144 74990 - Non-trading company 55 8,243 7414 - Business & management consultancy 49 13,474 70229 - Management consultancy activities other than financial management 40 14,505 7260 - Other computer related activities 39 8,089 9305 - Other service activities 38 8,858 62020 - Information technology consultancy activities 34 9,177 74909 - Other professional, scientific and technical activities not elsewhere classified 29 7,088 96090 - Other service activities not elsewhere classified 29 8,799 7222 - Other software consultancy and supply 24 7,298 62090 - Other information technology service activities 21 6,330 4545 - Other building completion 20 2,598 43210 - Electrical installation 15 2,980 4521 - General construction & civil engineering 15 6,598 4531 - Installation electrical wiring etc. 15 2,170
Recent Companies
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Randomly selected companies from this quarter
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