Colchester, Essex

Q3 2010 Business Confidence Report

Headlines

  • July 2010 saw a new record in company closures in Colchester 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 2010)

    A total of 306 companies were registered in Colchester during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 7.4% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)ColchesterUK
    2010306101,492
    200928594,671
    % change7.4%7.2%
    Record Year 2003 (329) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 201010191114
    New companies in 20098111193
    % change24.7%-18.0%22.6%
    Record Year2003 (128)2002 (121)2003 (118)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 236 companies were dissolved in Colchester during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 19.2% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)ColchesterUK
    201023687,705
    2009292159,401
    % change-19.2%-45.0%
    Record Year 2009 (292) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    July 2010 saw a new record in company closures in Colchester when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010699275
    Closed companies in 20095994139
    % change16.9%-2.1%-46%
    Record Year2010 (69)2008 (147)2009 (139)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Colchester during the third quarter of 2010 (Jul 2010 - Sep 2010) was 70 companies.

    third quarter (Jul 2010 - Sep 2010)ColchesterUK
    20107013,787
    2009-7-64,730
    Record Year 2003 (204) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201032-139
    Net growth in 20092217-46
    Record Year2008 (98)2002 (71)2002 (80)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

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

    third quarter (Jul 2010 - Sep 2010)Colchester
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1961 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.3%0.4%0.3%
    % change16.0%-25.6%17.5%
    Record Year1973 (0.6%)1972 (0.6%)1961 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 46.1.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Colchester was in 1862 when 50.0% of all directors were female.

    27.7% of all director appointments in Colchester in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.11%MANAGEMENT5.06%
    MANAGEMENT1.84%CONSULTING4.99%
    CONSULTANCY1.34%CONSULTANCY3.12%
    CARE1.11%PROPERTY2.38%
    DESIGN1.00%TRADING2.04%
    PROPERTY0.95%ASSOCIATES2.01%
    ESSEX0.83%DESIGN1.93%
    BUSINESS0.78%CONSTRUCTION1.86%
    COLCHESTER0.78%BUSINESS1.80%
    CONSULTANTS0.67%MEDIA1.75%
    CONSTRUCTION0.67%CONSULTANTS1.73%
    TRADING0.67%LONDON1.59%
    HEALTH0.61%ENGINEERING1.59%
    C0.61%INVESTMENTS1.49%
    HEATING0.61%CARE1.44%
    MEDIA0.56%J1.44%
    BUILDING0.56%INTERNATIONAL1.43%
    GLOBAL0.56%GLOBAL1.42%
    (COLCHESTER)0.56%IT1.35%
    DEVELOPMENTS0.56%PROPERTIES1.35%
    PLUMBING0.56%BUILDING1.32%
    CENTRE0.50%ELECTRICAL1.30%
    PROPERTIES0.50%M1.28%
    ASSOCIATES0.50%SYSTEMS1.26%
    J0.50%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied489202,902
    7487 - Other business activities16169,802
    82990 - Other business support service activities not elsewhere classified11825,053
    9999 - Dormant Company7421,484
    99999 - Dormant Company6914,072
    70229 - Management consultancy activities other than financial management5213,161
    7414 - Business & management consultancy5014,940
    7260 - Other computer related activities378,967
    7499 - Non-trading company3613,408
    96090 - Other service activities not elsewhere classified337,767
    62020 - Information technology consultancy activities308,292
    7222 - Other software consultancy and supply278,183
    9305 - Other service activities269,454
    74990 - Non-trading company237,649
    4521 - General construction & civil engineering207,634
    93199 - Other sports activities191,251
    8514 - Other human health activities182,650
    5530 - Restaurants185,181
    62090 - Other information technology service activities185,716
    43210 - Electrical installation182,747

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07328279 PTM COMPANY SECRETARY LIMITED 28 Jul 2010
    07311002 PREMIERE FRANCHISING CONSULTANTS LTD 12 Jul 2010
    07308404 SOUTHWAY HOUSE LIMITED 08 Jul 2010
    07305963 ELLAMARK CONTRACT MANAGEMENT LTD 06 Jul 2010
    07303243 PARK STAIRLIFTS LTD 02 Jul 2010
    07303020 UNIVERSAL TRADE SOLUTIONS LTD 02 Jul 2010
    07331461 ESSEX CONTAINER STORAGE SERVICES LIMITED 30 Jul 2010
    07327128 M AND H PARTNERSHIP LTD 27 Jul 2010
    07316237 DCL INVESTMENTS LIMITED 15 Jul 2010
    07310207 SSR CLEANING SOLUTIONS LIMITED 09 Jul 2010
    07301384 ST JOHN'S GREEN PLAYGROUP LTD 01 Jul 2010
    07329698 TRUE ESTATE AGENTS LIMITED 29 Jul 2010
    07329577 NICE2MOVE LIMITED 29 Jul 2010
    07308204 LEES GUTTERING AND PROPERTY MAINTENANCE SERVICES LIMITED 08 Jul 2010
    07327319 TIPTREE DELIVERY SERVICES LIMITED 27 Jul 2010
    07322427 INIT TOGETHER LTD 22 Jul 2010
    07309906 CNC PUNCHED DECKING LTD 09 Jul 2010
    07331694 NICETRIPPER LTD 30 Jul 2010
    07317834 AUTOMATIC TRANSMISSION SERVICES LIMITED 16 Jul 2010
    07311086 ALPHA BASE CONSTRUCTION LTD 12 Jul 2010
    07301697 GET IT FRESH (WITHAM) LIMITED 01 Jul 2010
    OC356585 BIRDS AND BEES TRAINING LLP 20 Jul 2010
    07318100 KAT PUBLISHING LIMITED 19 Jul 2010
    07302932 STUBBS WELSH MODEL STUD LTD 02 Jul 2010
    07303274 INDEX FRANCHISING LIMITED 02 Jul 2010