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
New Company Registrations
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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) Chelmsford UK 2014 446 150,722 2013 457 134,802 % change -2.4% 11.8% Record Year 2013 (457) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 140 167 139 New companies in 2013 167 133 157 % change -16.2% 25.6% -11.5% Record Year 2013 (167) 2014 (167) 2007 (201)
Closed Companies (dissolved)
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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) Chelmsford UK 2014 252 82,370 2013 301 77,914 % change -16.3% 5.7% Record Year 2011 (315) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 71 102 79 Closed companies in 2013 133 79 89 % change -46.6% 29.1% -11% Record Year 2011 (133) 2014 (102) 2009 (225)
Net Company Growth
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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) Chelmsford UK 2014 194 68,352 2013 156 56,888 Record Year 2007 (272) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 69 65 60 Net growth in 2013 34 54 68 Record Year 2005 (77) 2003 (81) 2007 (146)
UK Company Share
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1993 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.3% 0.3% % change -21.6% 15.9% -26.1% Record Year 1993 (0.4%) 1994 (0.4%) 1991 (0.5%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.01% CONSULTING 5.22% CONSULTING 1.97% MANAGEMENT 4.67% CONSULTANCY 1.33% CONSULTANCY 3.49% PROPERTY 1.01% PROPERTY 2.64% ESSEX 1.01% TRADING 2.05% BUSINESS 0.88% LONDON 1.88% TRADING 0.84% ENGINEERING 1.86% TRAINING 0.76% CARE 1.79% CHELMSFORD 0.68% CONSTRUCTION 1.75% MEDIA 0.64% DESIGN 1.75% ENGINEERING 0.60% CONSULTANTS 1.73% IT 0.60% BUSINESS 1.71% CONSTRUCTION 0.56% PROPERTIES 1.60% ASSOCIATES 0.56% INVESTMENTS 1.60% DEVELOPMENTS 0.56% GLOBAL 1.58% CAPITAL 0.56% J 1.48% J 0.56% ASSOCIATES 1.48% INVESTMENTS 0.52% MEDIA 1.48% CARE 0.52% IT 1.33% HOLD 0.52% TRANSPORT 1.30% PROPERTIES 0.52% DEVELOPMENTS 1.29% ELECTRICAL 0.52% BUILDING 1.24% SYSTEMS 0.48% M 1.21% SECURITY 0.48% CAPITAL 1.20% CONSULTANTS 0.48% ELECTRICAL 1.19%
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 857 280,210 99999 - Dormant Company 222 47,084 82990 - Other business support service activities not elsewhere classified 184 56,411 96090 - Other service activities not elsewhere classified 126 26,700 70229 - Management consultancy activities other than financial management 124 37,882 62020 - Information technology consultancy activities 113 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 62 18,491 74990 - Non-trading company 61 14,135 62090 - Other information technology service activities 46 12,813 43999 - Other specialised construction activities not elsewhere classified 38 8,155 47910 - Retail sale via mail order houses or via Internet 35 9,358 56101 - Licensed restaurants 33 7,965 47990 - Other retail sale not in stores, stalls or markets 32 5,988 86900 - Other human health activities 30 10,273 62012 - Business and domestic software development 29 9,509 41100 - Development of building projects 29 9,855 43210 - Electrical installation 27 5,885 98000 - Residents property management 25 4,832 43390 - Other building completion and finishing 24 5,521 56302 - Public houses and bars 24 5,732
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08875474 GET STAFFED LIMITED 04 Feb 2014 08875953 THE CLOTH HOUSE LIMITED 04 Feb 2014 08876896 WISEMAN PROPERTIES LTD 05 Feb 2014 08881600 CHELMSFORD CONVENIENCE STORES LTD 07 Feb 2014 08882435 GRAY CONSULTING LIMITED 07 Feb 2014 08884360 ECL TRADING LIMITED 10 Feb 2014 08885596 REGENT PRODUCE HOLD LIMITED 11 Feb 2014 08894547 COLLINGS STORAGE (HOLDINGS) LIMITED 13 Feb 2014 08898773 VENATOR CAPITAL LTD 17 Feb 2014 08899057 IMLS (HOLDINGS) LIMITED 17 Feb 2014 08900538 SARDIUS SOLUTIONS LIMITED 18 Feb 2014 08904599 JAM24MEDIA LIMITED 20 Feb 2014 08906323 COOLING SOLUTIONS LIMITED 21 Feb 2014 08906336 RARE VISION LIMITED 21 Feb 2014 08911630 IMPERIAL STAR LTD 25 Feb 2014 08912914 CARPE INVESTMENTS LTD 26 Feb 2014 08913187 THORPBUILD LIMITED 26 Feb 2014 08917638 BEN WARREN BUILDING SERVICES LIMITED 28 Feb 2014 08872266 SSHHH EVENTS LTD 03 Feb 2014 08881871 RSJ INSTALLATIONS LIMITED 07 Feb 2014 08891488 CARMINE WHARF RTM COMPANY LIMITED 12 Feb 2014 08893649 CRISP CONSULTING LIMITED 13 Feb 2014 08895641 MODERN MINT LTD 14 Feb 2014 08895763 S L INNOCENT ENGINEERING LIMITED 14 Feb 2014 08896196 WHEELER BROTHERS LTD 14 Feb 2014
reports
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