Colchester, Essex

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company registrations in Colchester 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 2010)

    A total of 325 companies were registered in Colchester during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 0.3% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)ColchesterUK
    2010325105,137
    200932691,034
    % change-0.3%15.5%
    Record Year 2007 (354) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company registrations in Colchester when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201091111123
    New companies in 20099293141
    % change-1.1%19.4%-12.8%
    Record Year2003 (107)2010 (111)2007 (165)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 197 companies were dissolved in Colchester during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 32.3% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)ColchesterUK
    201019782,677
    2009291108,060
    % change-32.3%-23.5%
    Record Year 2009 (291) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010486485
    Closed companies in 20099551145
    % change-49.5%25.5%-41%
    Record Year2009 (95)2008 (77)2009 (145)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Colchester during the first quarter of 2010 (Jan 2010 - Mar 2010) was 128 companies.

    first quarter (Jan 2010 - Mar 2010)ColchesterUK
    201012822,460
    200935-17,026
    Record Year 2003 (207) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010434738
    Net growth in 2009-342-4
    Record Year2008 (60)2006 (66)2007 (120)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Colchester formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Colchester
    20100.3%
    20090.4%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1968 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.3%0.4%
    % change-8.2%2.2%-27.5%
    Record Year1975 (0.6%)1968 (0.9%)1975 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 47.1.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Colchester was in 1861 when 40.0% of all directors were female.

    29.0% of all director appointments in Colchester in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.04%MANAGEMENT5.01%
    MANAGEMENT1.98%CONSULTING4.60%
    PROPERTY1.46%CONSULTANCY2.87%
    CONSULTANCY1.34%PROPERTY2.50%
    CARE1.22%ASSOCIATES2.04%
    ESSEX0.93%TRADING1.93%
    COLCHESTER0.82%DESIGN1.91%
    GLOBAL0.82%CONSTRUCTION1.87%
    C0.82%MEDIA1.84%
    MEDIA0.76%BUSINESS1.74%
    BUILDING0.70%INTERNATIONAL1.73%
    DESIGN0.70%CONSULTANTS1.63%
    INVESTMENTS0.70%ENGINEERING1.54%
    HEATING0.70%J1.48%
    CONSTRUCTION0.70%LONDON1.45%
    S0.64%INVESTMENTS1.45%
    BUSINESS0.64%GROUP1.37%
    J0.64%GLOBAL1.35%
    DEVELOPMENTS0.58%PROPERTIES1.35%
    HEALTH0.58%BUILDING1.34%
    TRADING0.58%CARE1.33%
    (ESSEX)0.52%ELECTRICAL1.30%
    (COLCHESTER)0.52%M1.28%
    ELECTRICAL0.52%SYSTEMS1.25%
    ASSOCIATES0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied508228,645
    7487 - Other business activities15774,904
    82990 - Other business support service activities not elsewhere classified12526,974
    99999 - Dormant Company6813,808
    9999 - Dormant Company6619,948
    7414 - Business & management consultancy5917,003
    70229 - Management consultancy activities other than financial management5814,007
    7260 - Other computer related activities4310,331
    62020 - Information technology consultancy activities359,943
    96090 - Other service activities not elsewhere classified328,154
    7499 - Non-trading company3015,398
    7222 - Other software consultancy and supply299,659
    4521 - General construction & civil engineering279,325
    9305 - Other service activities259,038
    74909 - Other professional, scientific and technical activities not elsewhere classified237,143
    43210 - Electrical installation213,163
    74990 - Non-trading company218,149
    62090 - Other information technology service activities206,340
    4545 - Other building completion193,346
    41100 - Development of building projects184,513

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07136192 KLARNERS COACHES LIMITED 26 Jan 2010
    07136185 EAST ANGLIAN PROPERTY MAINTENANCE & CLEANING LTD 26 Jan 2010
    07128726 TOURIST CONSULTING LIMITED 18 Jan 2010
    07126270 SHARED SKY LIMITED 15 Jan 2010
    07137087 CONSTABLE CARE LTD 26 Jan 2010
    07115418 BIOHAZARD SAFETY TRAINING LIMITED 04 Jan 2010
    07140632 NRSR SERVICES LIMITED 29 Jan 2010
    07134471 D & P SCAFFOLDING (COLCHESTER) LIMITED 25 Jan 2010
    07129166 RICHARD HAYES CONSULTANCY LIMITED 19 Jan 2010
    07122288 PASSION CAKES LTD 12 Jan 2010
    07121547 INCUBATOR PROJECTS LIMITED 11 Jan 2010
    07119713 ANGLIA SPORTS MANAGEMENT LIMITED 08 Jan 2010
    07124346 UPFRONT TECHNOLOGY LTD 13 Jan 2010
    07123118 SWIFTLINE TRADING GROUP LTD 12 Jan 2010
    07138384 SIXTY FOUR DELUXE LIMITED 27 Jan 2010
    07130038 MERSEA HOMES (WESTERFIELD) LIMITED 19 Jan 2010
    07125439 NRG CONSULTING (GB) LTD 14 Jan 2010
    OC351813 WESTERFIELD INVESTMENTS LLP 28 Jan 2010
    07134826 VALLEY SIGN SOLUTIONS LTD 25 Jan 2010
    07130671 TRYNOT LTD 20 Jan 2010
    07139228 FIDUCIA FINANCE LIMITED 28 Jan 2010
    07136057 PLAN & DESIGN MY SPACE LIMITED 26 Jan 2010
    07133826 FIDUCIA FAMILY OFFICE LIMITED 22 Jan 2010
    07126699 MARTLESHAM CARPENTRY & JOINERY LTD 15 Jan 2010
    07126257 ELMSTEAD SPICE LIMITED 15 Jan 2010