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
New Company Registrations
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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) Colchester UK 2010 306 101,492 2009 285 94,671 % change 7.4% 7.2% Record Year 2003 (329) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 101 91 114 New companies in 2009 81 111 93 % change 24.7% -18.0% 22.6% Record Year 2003 (128) 2002 (121) 2003 (118)
Closed Companies (dissolved)
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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) Colchester UK 2010 236 87,705 2009 292 159,401 % change -19.2% -45.0% Record Year 2009 (292) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 69 92 75 Closed companies in 2009 59 94 139 % change 16.9% -2.1% -46% Record Year 2010 (69) 2008 (147) 2009 (139)
Net Company Growth
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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) Colchester UK 2010 70 13,787 2009 -7 -64,730 Record Year 2003 (204) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 32 -1 39 Net growth in 2009 22 17 -46 Record Year 2008 (98) 2002 (71) 2002 (80)
UK Company Share
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1961 (0.5%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.4% 0.3% % change 16.0% -25.6% 17.5% Record Year 1973 (0.6%) 1972 (0.6%) 1961 (0.6%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.11% MANAGEMENT 5.06% MANAGEMENT 1.84% CONSULTING 4.99% CONSULTANCY 1.34% CONSULTANCY 3.12% CARE 1.11% PROPERTY 2.38% DESIGN 1.00% TRADING 2.04% PROPERTY 0.95% ASSOCIATES 2.01% ESSEX 0.83% DESIGN 1.93% BUSINESS 0.78% CONSTRUCTION 1.86% COLCHESTER 0.78% BUSINESS 1.80% CONSULTANTS 0.67% MEDIA 1.75% CONSTRUCTION 0.67% CONSULTANTS 1.73% TRADING 0.67% LONDON 1.59% HEALTH 0.61% ENGINEERING 1.59% C 0.61% INVESTMENTS 1.49% HEATING 0.61% CARE 1.44% MEDIA 0.56% J 1.44% BUILDING 0.56% INTERNATIONAL 1.43% GLOBAL 0.56% GLOBAL 1.42% (COLCHESTER) 0.56% IT 1.35% DEVELOPMENTS 0.56% PROPERTIES 1.35% PLUMBING 0.56% BUILDING 1.32% CENTRE 0.50% ELECTRICAL 1.30% PROPERTIES 0.50% M 1.28% ASSOCIATES 0.50% SYSTEMS 1.26% J 0.50% S 1.24%
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 489 202,902 7487 - Other business activities 161 69,802 82990 - Other business support service activities not elsewhere classified 118 25,053 9999 - Dormant Company 74 21,484 99999 - Dormant Company 69 14,072 70229 - Management consultancy activities other than financial management 52 13,161 7414 - Business & management consultancy 50 14,940 7260 - Other computer related activities 37 8,967 7499 - Non-trading company 36 13,408 96090 - Other service activities not elsewhere classified 33 7,767 62020 - Information technology consultancy activities 30 8,292 7222 - Other software consultancy and supply 27 8,183 9305 - Other service activities 26 9,454 74990 - Non-trading company 23 7,649 4521 - General construction & civil engineering 20 7,634 93199 - Other sports activities 19 1,251 8514 - Other human health activities 18 2,650 5530 - Restaurants 18 5,181 62090 - Other information technology service activities 18 5,716 43210 - Electrical installation 18 2,747
Recent Companies
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Randomly selected companies from this quarter
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