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
New Company Registrations
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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) Colchester UK 2010 325 105,137 2009 326 91,034 % change -0.3% 15.5% Record Year 2007 (354) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2010 91 111 123 New companies in 2009 92 93 141 % change -1.1% 19.4% -12.8% Record Year 2003 (107) 2010 (111) 2007 (165)
Closed Companies (dissolved)
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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) Colchester UK 2010 197 82,677 2009 291 108,060 % change -32.3% -23.5% Record Year 2009 (291) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 48 64 85 Closed companies in 2009 95 51 145 % change -49.5% 25.5% -41% Record Year 2009 (95) 2008 (77) 2009 (145)
Net Company Growth
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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) Colchester UK 2010 128 22,460 2009 35 -17,026 Record Year 2003 (207) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 43 47 38 Net growth in 2009 -3 42 -4 Record Year 2008 (60) 2006 (66) 2007 (120)
UK Company Share
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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 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.4% % change -8.2% 2.2% -27.5% Record Year 1975 (0.6%) 1968 (0.9%) 1975 (0.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.04% MANAGEMENT 5.01% MANAGEMENT 1.98% CONSULTING 4.60% PROPERTY 1.46% CONSULTANCY 2.87% CONSULTANCY 1.34% PROPERTY 2.50% CARE 1.22% ASSOCIATES 2.04% ESSEX 0.93% TRADING 1.93% COLCHESTER 0.82% DESIGN 1.91% GLOBAL 0.82% CONSTRUCTION 1.87% C 0.82% MEDIA 1.84% MEDIA 0.76% BUSINESS 1.74% BUILDING 0.70% INTERNATIONAL 1.73% DESIGN 0.70% CONSULTANTS 1.63% INVESTMENTS 0.70% ENGINEERING 1.54% HEATING 0.70% J 1.48% CONSTRUCTION 0.70% LONDON 1.45% S 0.64% INVESTMENTS 1.45% BUSINESS 0.64% GROUP 1.37% J 0.64% GLOBAL 1.35% DEVELOPMENTS 0.58% PROPERTIES 1.35% HEALTH 0.58% BUILDING 1.34% TRADING 0.58% CARE 1.33% (ESSEX) 0.52% ELECTRICAL 1.30% (COLCHESTER) 0.52% M 1.28% ELECTRICAL 0.52% SYSTEMS 1.25% ASSOCIATES 0.52% S 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 508 228,645 7487 - Other business activities 157 74,904 82990 - Other business support service activities not elsewhere classified 125 26,974 99999 - Dormant Company 68 13,808 9999 - Dormant Company 66 19,948 7414 - Business & management consultancy 59 17,003 70229 - Management consultancy activities other than financial management 58 14,007 7260 - Other computer related activities 43 10,331 62020 - Information technology consultancy activities 35 9,943 96090 - Other service activities not elsewhere classified 32 8,154 7499 - Non-trading company 30 15,398 7222 - Other software consultancy and supply 29 9,659 4521 - General construction & civil engineering 27 9,325 9305 - Other service activities 25 9,038 74909 - Other professional, scientific and technical activities not elsewhere classified 23 7,143 43210 - Electrical installation 21 3,163 74990 - Non-trading company 21 8,149 62090 - Other information technology service activities 20 6,340 4545 - Other building completion 19 3,346 41100 - Development of building projects 18 4,513
Recent Companies
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Randomly selected companies from this quarter
reports
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