Colchester, Essex
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Colchester when compared to any previous June.
- June 2010 saw a new record in company closures in Colchester when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 612 companies were formed in Colchester. This figure is 0.3% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Colchester occurred in 2007 when a total of 663 were formed.
Half Year (Jan-Jun) Colchester UK 2010 612 203,749 2009 610 182,021 % change 0.3% 11.9% Record Year 2007 (663) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 287 companies were registered in Colchester during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 1.1% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Colchester UK 2010 287 98,612 2009 284 90,987 % change 1.1% 8.4% Record Year 2007 (309) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Colchester when compared to any previous June.
New Companies by Month
April May June New companies in 2010 91 83 113 New companies in 2009 91 87 106 % change 0.0% -4.6% 6.6% Record Year 1997 (123) 2006 (101) 2010 (113)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 441 companies were dissolved in Colchester. This figure is 35.7% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Colchester occurred in 2009 when a total of 686 were closed.
Half Year (Jan-Jun) Colchester UK 2010 441 177,631 2009 686 289,236 % change -35.7% -38.6% Record Year 2009 (686) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 244 companies were dissolved in Colchester during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 38.2% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Colchester UK 2010 244 94,954 2009 395 181,176 % change -38.2% -47.6% Record Year 2009 (395) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Colchester when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 50 100 94 Closed companies in 2009 97 213 85 % change -48.5% -53.1% 11% Record Year 2009 (97) 2009 (213) 2010 (94)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Colchester increased by 171 companies.
Half Year (Jan-Jun) Colchester UK 2010 171 26,118 2009 -76 -107,215 Record Year 2007 (371) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Colchester during the second quarter of 2010 (Apr 2010 - Jun 2010) was 43 companies.
second quarter (Apr 2010 - Jun 2010) Colchester UK 2010 43 3,658 2009 -111 -90,189 Record Year 1997 (213) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 41 -17 19 Net growth in 2009 -6 -126 21 Record Year 1997 (117) 2006 (60) 2008 (74)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Colchester formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Colchester 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1997 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Colchester formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Colchester 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1967 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.3% % change -8.0% -9.1% -4.1% Record Year 1967 (0.7%) 1976 (0.6%) 1966 (0.9%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 46.8.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.4.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Colchester was 1861 when 40.0% of all directors were female.
28.3% of all director appointments in Colchester in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Colchester was in 1866 when 66.7% of all directors were female.
27.4% of all director appointments in Colchester in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.96% MANAGEMENT 5.01% MANAGEMENT 1.90% CONSULTING 4.79% CONSULTANCY 1.38% CONSULTANCY 3.02% PROPERTY 1.10% PROPERTY 2.40% CARE 0.98% ASSOCIATES 2.02% ESSEX 0.92% TRADING 2.01% BUSINESS 0.81% DESIGN 1.91% COLCHESTER 0.75% CONSTRUCTION 1.85% MEDIA 0.75% MEDIA 1.80% (COLCHESTER) 0.69% BUSINESS 1.75% C 0.69% CONSULTANTS 1.71% GLOBAL 0.69% INTERNATIONAL 1.59% TRADING 0.69% ENGINEERING 1.56% BUILDING 0.63% LONDON 1.52% DESIGN 0.63% INVESTMENTS 1.49% DEVELOPMENTS 0.63% J 1.46% CONSTRUCTION 0.63% CARE 1.41% HEATING 0.63% GLOBAL 1.39% INVESTMENTS 0.58% PROPERTIES 1.35% J 0.58% BUILDING 1.33% ASSOCIATES 0.58% M 1.29% HEALTH 0.52% IT 1.28% (ESSEX) 0.52% ELECTRICAL 1.27% PROPERTIES 0.52% GROUP 1.25% ANGLIA 0.52% DEVELOPMENTS 1.25%
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 471 207,125 7487 - Other business activities 154 68,525 82990 - Other business support service activities not elsewhere classified 121 25,942 99999 - Dormant Company 71 14,342 9999 - Dormant Company 63 19,842 7414 - Business & management consultancy 58 14,598 70229 - Management consultancy activities other than financial management 56 13,490 7260 - Other computer related activities 40 9,122 96090 - Other service activities not elsewhere classified 35 7,922 62020 - Information technology consultancy activities 31 8,590 7499 - Non-trading company 30 13,997 7222 - Other software consultancy and supply 27 8,285 9305 - Other service activities 25 8,822 4521 - General construction & civil engineering 23 8,262 74990 - Non-trading company 20 7,893 43210 - Electrical installation 20 2,859 93199 - Other sports activities 18 1,285 74909 - Other professional, scientific and technical activities not elsewhere classified 18 6,684 41100 - Development of building projects 18 3,945 4545 - Other building completion 17 3,057
Recent Companies
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Randomly selected companies from this quarter
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