Chelmsford, Essex
Q3 2014 Business Confidence Report
Headlines
- July 2014 saw a new record in company closures in Chelmsford when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 362 companies were registered in Chelmsford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 14.8% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Chelmsford UK 2014 362 143,414 2013 425 132,684 % change -14.8% 8.1% Record Year 2011 (459) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 124 107 131 New companies in 2013 162 127 136 % change -23.5% -15.7% -3.7% Record Year 2011 (163) 2011 (166) 2013 (136)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 338 companies were dissolved in Chelmsford during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 27.1% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Chelmsford UK 2014 338 101,670 2013 266 86,170 % change 27.1% 18.0% Record Year 2014 (338) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Chelmsford when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 125 76 137 Closed companies in 2013 89 83 94 % change 40.4% -8.4% 46% Record Year 2014 (125) 2008 (196) 2009 (156)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Chelmsford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 24 companies.
third quarter (Jul 2014 - Sep 2014) Chelmsford UK 2014 24 41,744 2013 159 46,514 Record Year 2011 (229) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 -1 31 -6 Net growth in 2013 73 44 42 Record Year 2011 (87) 2011 (86) 2002 (97)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Chelmsford formed 0.3% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Chelmsford 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.3% Record Year (since 1960) 2011 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.3% UK formation share in 2013 0.4% 0.3% 0.3% % change -30.5% -19.7% -11.6% Record Year 2004 (0.4%) 2005 (0.4%) 1991 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 43.7.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Chelmsford was in 2005 when 32.9% of all directors were female.
24.2% of all director appointments in Chelmsford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.29% CONSULTING 5.17% MANAGEMENT 2.25% MANAGEMENT 4.63% CONSULTANCY 1.27% CONSULTANCY 3.55% PROPERTY 0.93% PROPERTY 2.62% INVESTMENTS 0.85% ENGINEERING 2.07% ESSEX 0.76% CONSTRUCTION 2.05% BUSINESS 0.68% TRADING 2.00% HOLD 0.68% LONDON 1.95% MEDIA 0.68% CARE 1.94% TRADING 0.64% TRANSPORT 1.76% ENGINEERING 0.64% DESIGN 1.70% TRAINING 0.64% CONSULTANTS 1.70% ELECTRICAL 0.59% PROPERTIES 1.63% CONSTRUCTION 0.59% BUSINESS 1.62% PROPERTIES 0.59% J 1.53% CHELMSFORD 0.59% ELECTRICAL 1.53% DESIGN 0.55% GLOBAL 1.51% BUILDING 0.55% INVESTMENTS 1.50% CAPITAL 0.55% ASSOCIATES 1.48% SYSTEMS 0.55% MEDIA 1.38% IT 0.55% CO., 1.36% CARE 0.55% DEVELOPMENTS 1.35% M 0.55% BUILDING 1.30% DEVELOPMENTS 0.51% IT 1.30% ASSOCIATES 0.51% M 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 829 278,481 99999 - Dormant Company 243 48,286 82990 - Other business support service activities not elsewhere classified 185 57,264 70229 - Management consultancy activities other than financial management 134 40,717 96090 - Other service activities not elsewhere classified 122 28,224 62020 - Information technology consultancy activities 113 29,313 74909 - Other professional, scientific and technical activities not elsewhere classified 64 18,890 62090 - Other information technology service activities 57 12,795 74990 - Non-trading company 53 14,006 47990 - Other retail sale not in stores, stalls or markets 37 6,327 41100 - Development of building projects 35 10,604 56101 - Licensed restaurants 34 8,546 43999 - Other specialised construction activities not elsewhere classified 34 8,501 86900 - Other human health activities 33 11,807 47910 - Retail sale via mail order houses or via Internet 33 9,914 62012 - Business and domestic software development 31 9,675 64999 - Financial intermediation not elsewhere classified 27 5,857 43210 - Electrical installation 27 5,922 98000 - Residents property management 25 5,047 43390 - Other building completion and finishing 24 5,786
Recent Companies
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Randomly selected companies from this quarter
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