Colchester, Essex
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company registrations in Colchester when compared to any previous Q1.
- Q1 2011 was a record quarter for company registrations in Colchester when compared to any quarter in history.
- February 2011 saw a new record in company registrations in Colchester when compared to any previous February.
- January 2011 saw a new record in company closures in Colchester when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company registrations in Colchester when compared to any previous Q1.
Q1 2011 was a record quarter for company registrations in Colchester when compared to any quarter in history.
A total of 359 companies were registered in Colchester during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 10.5% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Colchester UK 2011 359 116,391 2010 325 105,137 % change 10.5% 10.7% Record Year 2011 (359) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Colchester when compared to any previous February.
New Companies by Month
January February March New companies in 2011 90 119 150 New companies in 2010 91 111 123 % change -1.1% 7.2% 22.0% Record Year 2003 (107) 2011 (119) 2007 (165)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 248 companies were dissolved in Colchester during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 25.9% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Colchester UK 2011 248 90,986 2010 197 82,677 % change 25.9% 10.0% Record Year 2009 (291) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Colchester when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 104 76 68 Closed companies in 2010 48 64 85 % change 116.7% 18.8% -20% Record Year 2011 (104) 2008 (77) 2009 (145)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Colchester during the first quarter of 2011 (Jan 2011 - Mar 2011) was 111 companies.
first quarter (Jan 2011 - Mar 2011) Colchester UK 2011 111 25,405 2010 128 22,460 Record Year 2003 (207) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -14 43 82 Net growth in 2010 43 47 38 Record Year 2008 (60) 2006 (66) 2007 (120)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Colchester formed 0.3% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Colchester 2011 0.3% 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.2% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.3% 0.3% 0.3% UK formation share in 2010 0.3% 0.3% 0.3% % change -14.7% -5.7% 16.3% Record Year 1975 (0.6%) 1968 (0.9%) 1975 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 45.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Colchester was in 1861 when 40.0% of all directors were female.
27.3% of all director appointments in Colchester in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.89% CONSULTING 5.04% CONSULTING 1.73% MANAGEMENT 4.97% CONSULTANCY 1.37% CONSULTANCY 3.16% COLCHESTER 1.00% PROPERTY 2.38% DESIGN 0.95% TRADING 2.10% ESSEX 0.79% DESIGN 1.93% PROPERTY 0.74% ASSOCIATES 1.92% CONSULTANTS 0.68% BUSINESS 1.87% MEDIA 0.68% CONSTRUCTION 1.80% (COLCHESTER) 0.63% CONSULTANTS 1.76% CARE 0.63% MEDIA 1.69% TRADING 0.63% ENGINEERING 1.61% ENGINEERING 0.63% LONDON 1.60% C 0.58% CARE 1.45% CONSTRUCTION 0.58% J 1.45% TRAINING 0.53% GLOBAL 1.44% ASSOCIATES 0.53% INVESTMENTS 1.43% PROPERTIES 0.47% IT 1.41% T 0.47% PROPERTIES 1.36% TRANSPORT 0.47% BUILDING 1.34% GREEN 0.42% M 1.30% HOLDINGS 0.42% ELECTRICAL 1.28% ENTERPRISES 0.42% S 1.24% J 0.42% INTERNATIONAL 1.23% ANTHONY 0.42% SYSTEMS 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 458 202,798 7487 - Other business activities 148 60,968 82990 - Other business support service activities not elsewhere classified 127 30,253 9999 - Dormant Company 80 19,765 99999 - Dormant Company 78 18,336 70229 - Management consultancy activities other than financial management 65 16,150 7414 - Business & management consultancy 41 12,916 62020 - Information technology consultancy activities 37 10,246 7260 - Other computer related activities 32 7,789 62090 - Other information technology service activities 31 6,996 7499 - Non-trading company 31 11,316 96090 - Other service activities not elsewhere classified 31 10,085 74990 - Non-trading company 27 8,695 9305 - Other service activities 26 8,740 7222 - Other software consultancy and supply 24 7,000 93199 - Other sports activities 23 1,558 43210 - Electrical installation 19 3,172 74909 - Other professional, scientific and technical activities not elsewhere classified 19 7,788 43390 - Other building completion and finishing 18 2,707 4521 - General construction & civil engineering 17 6,183
Recent Companies
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Randomly selected companies from this quarter
reports
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