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

  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. 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)ColchesterUK
    2010612203,749
    2009610182,021
    % change0.3%11.9%
    Record Year2007 (663)2007 (279,097)
    New Companies by Half Year
  2. 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)ColchesterUK
    201028798,612
    200928490,987
    % change1.1%8.4%
    Record Year 2007 (309) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 20109183113
    New companies in 20099187106
    % change0.0%-4.6%6.6%
    Record Year1997 (123)2006 (101)2010 (113)

Closed Companies (dissolved)

  1. 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)ColchesterUK
    2010441177,631
    2009686289,236
    % change-35.7%-38.6%
    Record Year2009 (686)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)ColchesterUK
    201024494,954
    2009395181,176
    % change-38.2%-47.6%
    Record Year 2009 (395) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 20105010094
    Closed companies in 20099721385
    % change-48.5%-53.1%11%
    Record Year2009 (97)2009 (213)2010 (94)

Net Company Growth

  1. 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)ColchesterUK
    201017126,118
    2009-76-107,215
    Record Year2007 (371)2007 (171,296)
    Net Growth by Half Year
  2. 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)ColchesterUK
    2010433,658
    2009-111-90,189
    Record Year 1997 (213) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201041-1719
    Net growth in 2009-6-12621
    Record Year1997 (117)2006 (60)2008 (74)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.3%0.3%
    % change-8.0%-9.1%-4.1%
    Record Year1967 (0.7%)1976 (0.6%)1966 (0.9%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.96%MANAGEMENT5.01%
    MANAGEMENT1.90%CONSULTING4.79%
    CONSULTANCY1.38%CONSULTANCY3.02%
    PROPERTY1.10%PROPERTY2.40%
    CARE0.98%ASSOCIATES2.02%
    ESSEX0.92%TRADING2.01%
    BUSINESS0.81%DESIGN1.91%
    COLCHESTER0.75%CONSTRUCTION1.85%
    MEDIA0.75%MEDIA1.80%
    (COLCHESTER)0.69%BUSINESS1.75%
    C0.69%CONSULTANTS1.71%
    GLOBAL0.69%INTERNATIONAL1.59%
    TRADING0.69%ENGINEERING1.56%
    BUILDING0.63%LONDON1.52%
    DESIGN0.63%INVESTMENTS1.49%
    DEVELOPMENTS0.63%J1.46%
    CONSTRUCTION0.63%CARE1.41%
    HEATING0.63%GLOBAL1.39%
    INVESTMENTS0.58%PROPERTIES1.35%
    J0.58%BUILDING1.33%
    ASSOCIATES0.58%M1.29%
    HEALTH0.52%IT1.28%
    (ESSEX)0.52%ELECTRICAL1.27%
    PROPERTIES0.52%GROUP1.25%
    ANGLIA0.52%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied471207,125
    7487 - Other business activities15468,525
    82990 - Other business support service activities not elsewhere classified12125,942
    99999 - Dormant Company7114,342
    9999 - Dormant Company6319,842
    7414 - Business & management consultancy5814,598
    70229 - Management consultancy activities other than financial management5613,490
    7260 - Other computer related activities409,122
    96090 - Other service activities not elsewhere classified357,922
    62020 - Information technology consultancy activities318,590
    7499 - Non-trading company3013,997
    7222 - Other software consultancy and supply278,285
    9305 - Other service activities258,822
    4521 - General construction & civil engineering238,262
    74990 - Non-trading company207,893
    43210 - Electrical installation202,859
    93199 - Other sports activities181,285
    74909 - Other professional, scientific and technical activities not elsewhere classified186,684
    41100 - Development of building projects183,945
    4545 - Other building completion173,057

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07225706 ALTITUDE ENGINEERING LIMITED 16 Apr 2010
    07225099 YOUR PHOTO LIMITED 15 Apr 2010
    07214041 FEVER MARKETING LIMITED 06 Apr 2010
    07212541 CULHAM TAVERNS LIMITED 06 Apr 2010
    07228283 CIRCUS CONTRACTORS LIMITED 20 Apr 2010
    07227401 HARWICH HARBOUR FERRY SERVICES LIMITED 19 Apr 2010
    07224515 D SILLETT & SON LIMITED 15 Apr 2010
    07212248 MAY MAY ORIENTAL SUPERMARKET LTD 06 Apr 2010
    07229511 ZENCRAFT SERVICES LTD 20 Apr 2010
    07226927 DJR CONSTRUCTION LIMITED 19 Apr 2010
    07220767 SPICERHAART LPA SERVICES LIMITED 12 Apr 2010
    07216367 ARNOLD TOTAL FLOORING LIMITED 08 Apr 2010
    07213522 METAMORPHOSIS HEALTHCARE LTD 06 Apr 2010
    07239244 TMO TRAFFIC LTD 29 Apr 2010
    07222718 MONTANA AUTOS LTD 14 Apr 2010
    07221691 COSCRAFT LIMITED 13 Apr 2010
    07227725 KILLWOOD LTD 19 Apr 2010
    07225847 58 FOUNTAIN ROAD R.T.M. COMPANY LIMITED 16 Apr 2010
    07222409 E-HARDWARE LIMITED 13 Apr 2010
    07216796 SIMCOTT PROJECTS LIMITED 08 Apr 2010
    07238298 GREEN DOOR CONSULTING LTD 29 Apr 2010
    07232293 PURPLE INC LIMITED 22 Apr 2010
    07232277 ACCRAPLY EUROPE LIMITED 22 Apr 2010
    07232244 WIVENHOE TOWN REGATTA LTD 22 Apr 2010
    07224493 PROFESSIONAL AGILE DEVELOPMENT LIMITED 15 Apr 2010