Colchester, Essex
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company registrations in Colchester when compared to any previous November.
- October 2010 saw a new record in company closures in Colchester when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,199 companies were formed in Colchester in 2010. This total is 4.8% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Colchester UK 2010 1,199 400,358 2009 1,144 362,675 2008 1,128 349,203 2007 1,195 457,649 2006 1,139 405,440 Record Year 2003 (1,267) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 587 companies were formed in Colchester. This figure is 9.9% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Colchester occurred in 2003 when a total of 635 were formed.
Half Year (Jul-Dec) Colchester UK 2010 587 196,609 2009 534 180,654 % change 9.9% 8.8% Record Year 2003 (635) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 281 companies were registered in Colchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 12.9% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Colchester UK 2010 281 95,117 2009 249 85,983 % change 12.9% 10.6% Record Year 2003 (306) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company registrations in Colchester when compared to any previous November.
New Companies by Month
October November December New companies in 2010 116 106 59 New companies in 2009 82 87 80 % change 41.5% 21.8% -26.3% Record Year 2003 (128) 2010 (106) 2003 (85)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 871 companies were dissolved in Colchester in 2010. This total is 26.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Colchester UK 2010 871 342,232 2009 1,185 533,773 2008 594 237,901 2007 617 220,295 2006 632 200,166 Record Year 2009 (1,185) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 430 companies were dissolved in Colchester. This figure is 13.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Colchester occurred in 2009 when a total of 499 were closed.
Half Year (Jul-Dec) Colchester UK 2010 430 164,601 2009 499 244,537 % change -13.8% -32.7% Record Year 2009 (499) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 194 companies were dissolved in Colchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 6.3% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Colchester UK 2010 194 76,896 2009 207 85,136 % change -6.3% -9.7% Record Year 2009 (207) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Colchester when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 84 65 45 Closed companies in 2009 73 67 67 % change 15.1% -3.0% -33% Record Year 2010 (84) 2007 (72) 2008 (72)
Net Company Growth
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Annual Data (2010)
A total of 328 companies were added to the company register for Colchester in 2010. This number represents growth of 28.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 369 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Colchester company register grew by 775 companies.
Year Colchester UK 2010 328 58,126 2009 -41 -171,098 2008 534 111,302 2007 578 237,354 2006 507 205,274 Record Year 2003 (775) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Colchester increased by 157 companies.
Half Year (Jul-Dec) Colchester UK 2010 157 32,008 2009 35 -63,883 Record Year 2003 (410) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Colchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 87 companies.
fourth quarter (Oct 2010 - Dec 2010) Colchester UK 2010 87 18,221 2009 42 847 Record Year 2003 (206) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 32 41 14 Net growth in 2009 9 20 13 Record Year 2003 (100) 2003 (56) 2007 (59)
UK Company Share
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Annual Data (2010)
In 2010 Colchester formed 0.3% of all UK companies. This is no change on 2009 when Colchester was responsible for 0.3% of all UK companies.
Year Colchester 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1988 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Colchester formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jul-Dec) Colchester 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1987 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Colchester formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Colchester 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1988 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.3% 0.2% UK formation share in 2009 0.3% 0.3% 0.3% % change 23.9% 8.9% -29.8% Record Year 1969 (0.5%) 1960 (0.6%) 1987 (0.5%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.3.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.9.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.5.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Colchester was 1857 when 36.4% of all directors were female.
The percentage of female directors in Colchester in 2010 was 28.8%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Colchester was 1860 when 42.9% of all directors were female.
28.2% of all director appointments in Colchester in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Colchester was in 1977 when 31.1% of all directors were female.
28.7% of all director appointments in Colchester in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.84% CONSULTING 5.06% MANAGEMENT 1.68% MANAGEMENT 5.01% CONSULTANCY 1.46% CONSULTANCY 3.14% CARE 0.97% PROPERTY 2.36% DESIGN 0.97% TRADING 2.11% COLCHESTER 0.92% ASSOCIATES 1.95% ESSEX 0.92% DESIGN 1.92% PROPERTY 0.86% BUSINESS 1.82% TRADING 0.76% CONSTRUCTION 1.82% C 0.65% CONSULTANTS 1.76% BUSINESS 0.65% MEDIA 1.71% MEDIA 0.59% ENGINEERING 1.62% CONSULTANTS 0.59% LONDON 1.60% ENGINEERING 0.54% CARE 1.45% (COLCHESTER) 0.54% INVESTMENTS 1.44% ASSOCIATES 0.54% GLOBAL 1.43% CONSTRUCTION 0.54% J 1.42% TRANSPORT 0.54% IT 1.41% PROPERTIES 0.54% PROPERTIES 1.34% GLOBAL 0.54% INTERNATIONAL 1.34% HEALTH 0.49% BUILDING 1.34% BUILDING 0.49% M 1.30% MAINTENANCE 0.49% ELECTRICAL 1.25% TRAINING 0.43% SYSTEMS 1.24% HOLDINGS 0.43% 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 473 199,572 7487 - Other business activities 156 63,348 82990 - Other business support service activities not elsewhere classified 115 27,550 9999 - Dormant Company 80 20,144 99999 - Dormant Company 72 16,285 70229 - Management consultancy activities other than financial management 63 14,505 7414 - Business & management consultancy 42 13,474 62020 - Information technology consultancy activities 36 9,177 7499 - Non-trading company 34 12,000 7260 - Other computer related activities 33 8,089 96090 - Other service activities not elsewhere classified 33 8,799 9305 - Other service activities 26 8,858 62090 - Other information technology service activities 25 6,330 7222 - Other software consultancy and supply 24 7,298 74990 - Non-trading company 23 8,243 93199 - Other sports activities 21 1,403 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,088 4521 - General construction & civil engineering 18 6,598 43210 - Electrical installation 17 2,980 41100 - Development of building projects 16 3,765
Recent Companies
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Randomly selected companies from this quarter
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