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

  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 (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)ChelmsfordUK
    2014362143,414
    2013425132,684
    % change-14.8%8.1%
    Record Year 2011 (459) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014124107131
    New companies in 2013162127136
    % change-23.5%-15.7%-3.7%
    Record Year2011 (163)2011 (166)2013 (136)

Closed Companies (dissolved)

  1. 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)ChelmsfordUK
    2014338101,670
    201326686,170
    % change27.1%18.0%
    Record Year 2014 (338) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 201412576137
    Closed companies in 2013898394
    % change40.4%-8.4%46%
    Record Year2014 (125)2008 (196)2009 (156)

Net Company Growth

  1. 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)ChelmsfordUK
    20142441,744
    201315946,514
    Record Year 2011 (229) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014-131-6
    Net growth in 2013734442
    Record Year2011 (87)2011 (86)2002 (97)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.3%
    20110.4%
    20100.3%
    Record Year (since 1960) 2011 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.3%
    UK formation share in 20130.4%0.3%0.3%
    % change-30.5%-19.7%-11.6%
    Record Year2004 (0.4%)2005 (0.4%)1991 (0.6%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.29%CONSULTING5.17%
    MANAGEMENT2.25%MANAGEMENT4.63%
    CONSULTANCY1.27%CONSULTANCY3.55%
    PROPERTY0.93%PROPERTY2.62%
    INVESTMENTS0.85%ENGINEERING2.07%
    ESSEX0.76%CONSTRUCTION2.05%
    BUSINESS0.68%TRADING2.00%
    HOLD0.68%LONDON1.95%
    MEDIA0.68%CARE1.94%
    TRADING0.64%TRANSPORT1.76%
    ENGINEERING0.64%DESIGN1.70%
    TRAINING0.64%CONSULTANTS1.70%
    ELECTRICAL0.59%PROPERTIES1.63%
    CONSTRUCTION0.59%BUSINESS1.62%
    PROPERTIES0.59%J1.53%
    CHELMSFORD0.59%ELECTRICAL1.53%
    DESIGN0.55%GLOBAL1.51%
    BUILDING0.55%INVESTMENTS1.50%
    CAPITAL0.55%ASSOCIATES1.48%
    SYSTEMS0.55%MEDIA1.38%
    IT0.55%CO.,1.36%
    CARE0.55%DEVELOPMENTS1.35%
    M0.55%BUILDING1.30%
    DEVELOPMENTS0.51%IT1.30%
    ASSOCIATES0.51%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied829278,481
    99999 - Dormant Company24348,286
    82990 - Other business support service activities not elsewhere classified18557,264
    70229 - Management consultancy activities other than financial management13440,717
    96090 - Other service activities not elsewhere classified12228,224
    62020 - Information technology consultancy activities11329,313
    74909 - Other professional, scientific and technical activities not elsewhere classified6418,890
    62090 - Other information technology service activities5712,795
    74990 - Non-trading company5314,006
    47990 - Other retail sale not in stores, stalls or markets376,327
    41100 - Development of building projects3510,604
    56101 - Licensed restaurants348,546
    43999 - Other specialised construction activities not elsewhere classified348,501
    86900 - Other human health activities3311,807
    47910 - Retail sale via mail order houses or via Internet339,914
    62012 - Business and domestic software development319,675
    64999 - Financial intermediation not elsewhere classified275,857
    43210 - Electrical installation275,922
    98000 - Residents property management255,047
    43390 - Other building completion and finishing245,786

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC395101 MARLBOROUGH HOUSE PARTNERS LLP 04 Sep 2014
    09198019 VAPURS LTD 01 Sep 2014
    09199417 FORTE 360 LIMITED 02 Sep 2014
    09205436 BYTETONESTEVE LTD 05 Sep 2014
    09210693 GARON PARK COMMUNITY INTEREST COMPANY 09 Sep 2014
    09218828 UKSCIENTIFICSERVICES LIMITED 15 Sep 2014
    09219470 RAISEAN SKY LTD 15 Sep 2014
    09220016 BERKELEY & WHARF BROKERAGE LIMITED 16 Sep 2014
    09222807 JODENRAJ LIMITED 17 Sep 2014
    09225499 SWIFT CAR CREDIT LIMITED 18 Sep 2014
    09226237 BOUTTELL LIMITED 19 Sep 2014
    09231589 CHARLOTTE CHALIHA MRCOG LIMITED 23 Sep 2014
    09232666 HAMMERHEADINTERNATIONAL.COM PRIVATE LIMITED 24 Sep 2014
    09235456 FULLSON INVESTMENTS NO 2 LIMITED 25 Sep 2014
    09239981 SEVENTY THREE SOLUTIONS LTD. 29 Sep 2014
    09242178 ALPHA DESIGN ASSOCIATES HOLD LIMITED 30 Sep 2014
    09209063 GEORGETTE LOCATIONS LIMITED 09 Sep 2014
    09209649 A W SQUIER HOLDCO LIMITED 09 Sep 2014
    09209652 D W SQUIER LIMITED 09 Sep 2014
    09212581 BUCKS CROSS CAPITAL LIMITED 10 Sep 2014
    09215542 CENTO MAINTENANCE LIMITED 12 Sep 2014
    09224945 PROLOCKS HAIR LIMITED 18 Sep 2014
    09233501 FIRST FOR RECRUITMENT LIMITED 24 Sep 2014
    09233557 BCC STONE LIMITED 24 Sep 2014
    09240436 SOUTHERN COUNTIES ROOFING LIMITED 30 Sep 2014