Chelmsford, Essex
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company registrations in Chelmsford when compared to any previous February.
- Q1 2011 saw a new record in company closures in Chelmsford when compared to any previous Q1.
- January 2011 saw a new record in company closures in Chelmsford when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 387 companies were registered in Chelmsford during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 9.0% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Chelmsford UK 2011 387 116,391 2010 355 105,137 % change 9.0% 10.7% Record Year 2007 (448) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Chelmsford when compared to any previous February.
New Companies by Month
January February March New companies in 2011 87 132 168 New companies in 2010 105 115 135 % change -17.1% 14.8% 24.4% Record Year 2007 (122) 2011 (132) 2007 (201)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Chelmsford when compared to any previous Q1.
A total of 314 companies were dissolved in Chelmsford during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 32.5% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Chelmsford UK 2011 314 90,986 2010 237 82,677 % change 32.5% 10.0% Record Year 2011 (314) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Chelmsford when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 133 94 87 Closed companies in 2010 60 75 102 % change 121.7% 25.3% -15% Record Year 2011 (133) 2008 (94) 2009 (225)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Chelmsford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 73 companies.
first quarter (Jan 2011 - Mar 2011) Chelmsford UK 2011 73 25,405 2010 118 22,460 Record Year 2007 (272) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -46 38 81 Net growth in 2010 45 40 33 Record Year 2005 (77) 2003 (81) 2007 (146)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Chelmsford formed 0.3% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Chelmsford 2011 0.3% 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.3% Record Year (since 1960) 1976 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.3% 0.4% UK formation share in 2010 0.4% 0.3% 0.3% % change -28.5% 1.0% 18.7% Record Year 1973 (0.6%) 1974 (0.9%) 1971 (0.8%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 46.3.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Chelmsford was in 1861 when 40.0% of all directors were female.
28.5% of all director appointments in Chelmsford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.51% CONSULTING 5.04% PROPERTY 1.51% MANAGEMENT 4.97% CONSULTING 1.12% CONSULTANCY 3.16% CONSULTANCY 1.12% PROPERTY 2.38% ASSOCIATES 1.07% TRADING 2.10% ESSEX 0.98% DESIGN 1.93% TRADING 0.88% ASSOCIATES 1.92% CONSTRUCTION 0.78% BUSINESS 1.87% IT 0.73% CONSTRUCTION 1.80% INVESTMENTS 0.68% CONSULTANTS 1.76% CAPITAL 0.63% MEDIA 1.69% DEVELOPMENTS 0.59% ENGINEERING 1.61% PROPERTIES 0.59% LONDON 1.60% MEDIA 0.59% CARE 1.45% DESIGN 0.54% J 1.45% M 0.49% GLOBAL 1.44% CONSULTANTS 0.49% INVESTMENTS 1.43% CONTRACTORS 0.49% IT 1.41% SYSTEMS 0.49% PROPERTIES 1.36% BUILDING 0.49% BUILDING 1.34% MAINTENANCE 0.49% M 1.30% ENGINEERING 0.44% ELECTRICAL 1.28% INNS 0.44% S 1.24% BUSINESS 0.39% INTERNATIONAL 1.23% GLOBAL 0.39% SYSTEMS 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 644 202,798 7487 - Other business activities 179 60,968 7499 - Non-trading company 118 11,316 99999 - Dormant Company 113 18,336 82990 - Other business support service activities not elsewhere classified 96 30,253 74990 - Non-trading company 60 8,695 9999 - Dormant Company 59 19,765 7414 - Business & management consultancy 46 12,916 70229 - Management consultancy activities other than financial management 44 16,150 9305 - Other service activities 41 8,740 62020 - Information technology consultancy activities 41 10,246 7260 - Other computer related activities 37 7,789 96090 - Other service activities not elsewhere classified 33 10,085 74909 - Other professional, scientific and technical activities not elsewhere classified 29 7,788 62090 - Other information technology service activities 28 6,996 7222 - Other software consultancy and supply 24 7,000 43210 - Electrical installation 17 3,172 47990 - Other retail sale not in stores, stalls or markets 17 2,247 4545 - Other building completion 17 2,483 43390 - Other building completion and finishing 16 2,707
Recent Companies
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Randomly selected companies from this quarter
reports
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