Chelmsford, Essex

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company registrations in Chelmsford when compared to any previous February.
  • February 2014 saw a new record in company closures in Chelmsford when compared to any previous February.

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 (Q1 Jan-Mar 2014)

    A total of 446 companies were registered in Chelmsford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 2.4% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)ChelmsfordUK
    2014446150,722
    2013457134,802
    % change-2.4%11.8%
    Record Year 2013 (457) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Chelmsford when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014140167139
    New companies in 2013167133157
    % change-16.2%25.6%-11.5%
    Record Year2013 (167)2014 (167)2007 (201)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 252 companies were dissolved in Chelmsford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 16.3% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)ChelmsfordUK
    201425282,370
    201330177,914
    % change-16.3%5.7%
    Record Year 2011 (315) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Chelmsford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20147110279
    Closed companies in 20131337989
    % change-46.6%29.1%-11%
    Record Year2011 (133)2014 (102)2009 (225)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Chelmsford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 194 companies.

    first quarter (Jan 2014 - Mar 2014)ChelmsfordUK
    201419468,352
    201315656,888
    Record Year 2007 (272) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014696560
    Net growth in 2013345468
    Record Year2005 (77)2003 (81)2007 (146)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Chelmsford formed 0.3% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Chelmsford
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1993 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.4%0.3%0.3%
    % change-21.6%15.9%-26.1%
    Record Year1993 (0.4%)1994 (0.4%)1991 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.4.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Chelmsford was in 2005 when 34.5% of all directors were female.

    27.6% of all director appointments in Chelmsford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.01%CONSULTING5.22%
    CONSULTING1.97%MANAGEMENT4.67%
    CONSULTANCY1.33%CONSULTANCY3.49%
    PROPERTY1.01%PROPERTY2.64%
    ESSEX1.01%TRADING2.05%
    BUSINESS0.88%LONDON1.88%
    TRADING0.84%ENGINEERING1.86%
    TRAINING0.76%CARE1.79%
    CHELMSFORD0.68%CONSTRUCTION1.75%
    MEDIA0.64%DESIGN1.75%
    ENGINEERING0.60%CONSULTANTS1.73%
    IT0.60%BUSINESS1.71%
    CONSTRUCTION0.56%PROPERTIES1.60%
    ASSOCIATES0.56%INVESTMENTS1.60%
    DEVELOPMENTS0.56%GLOBAL1.58%
    CAPITAL0.56%J1.48%
    J0.56%ASSOCIATES1.48%
    INVESTMENTS0.52%MEDIA1.48%
    CARE0.52%IT1.33%
    HOLD0.52%TRANSPORT1.30%
    PROPERTIES0.52%DEVELOPMENTS1.29%
    ELECTRICAL0.52%BUILDING1.24%
    SYSTEMS0.48%M1.21%
    SECURITY0.48%CAPITAL1.20%
    CONSULTANTS0.48%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied857280,210
    99999 - Dormant Company22247,084
    82990 - Other business support service activities not elsewhere classified18456,411
    96090 - Other service activities not elsewhere classified12626,700
    70229 - Management consultancy activities other than financial management12437,882
    62020 - Information technology consultancy activities11327,750
    74909 - Other professional, scientific and technical activities not elsewhere classified6218,491
    74990 - Non-trading company6114,135
    62090 - Other information technology service activities4612,813
    43999 - Other specialised construction activities not elsewhere classified388,155
    47910 - Retail sale via mail order houses or via Internet359,358
    56101 - Licensed restaurants337,965
    47990 - Other retail sale not in stores, stalls or markets325,988
    86900 - Other human health activities3010,273
    62012 - Business and domestic software development299,509
    41100 - Development of building projects299,855
    43210 - Electrical installation275,885
    98000 - Residents property management254,832
    43390 - Other building completion and finishing245,521
    56302 - Public houses and bars245,732

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08922613 SOLUTIONS FOR OUTSOURCING LIMITED 04 Mar 2014
    08923830 THURROCK TAXIS & PRIVATE HIRE LTD 05 Mar 2014
    08932897 COMPTON BAY MANAGEMENT LTD 11 Mar 2014
    08933168 YOMEX LTD 11 Mar 2014
    08935266 TOYS FOR PLEASURE LIMITED 12 Mar 2014
    08937190 CHANGE MANAGERS (UK) LTD 13 Mar 2014
    08937939 CODSALL AND BILBROOK CARS LTD 13 Mar 2014
    08940342 JDS CIVIL ENGINEERING LIMITED 14 Mar 2014
    08942632 PSCL LIMITED 17 Mar 2014
    08944315 BROADSIDE PROPERTIES LTD 18 Mar 2014
    08952221 BERKELEY & WHARF LTD 21 Mar 2014
    08952898 CARLTON LEARNING LTD 21 Mar 2014
    08955341 ZUETHLU-COSTA LIMITED 24 Mar 2014
    08959034 HK DISTRIBUTION LTD 25 Mar 2014
    08963920 PARALLEL PHARMA LTD 27 Mar 2014
    08965401 M&S ARTS LIMITED 28 Mar 2014
    08926474 SALLY ANNE MCCOY LIMITED 06 Mar 2014
    08932456 TOPKEL LIMITED 11 Mar 2014
    08933906 TANTALUM CORPORATION LIMITED 11 Mar 2014
    08938608 MARMEL LIMITED 13 Mar 2014
    08950267 PAPER RECRUITMENT LIMITED 20 Mar 2014
    08953205 FBK TRADING LIMITED 21 Mar 2014
    08959207 BAKE N GRAPE LIMITED 26 Mar 2014
    08960795 PRIORS MEDICAL LIMITED 26 Mar 2014
    08961197 VALUK SALES & DISTRIBUTION LIMITED 26 Mar 2014