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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

  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 (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)ColchesterUK
    2011359116,391
    2010325105,137
    % change10.5%10.7%
    Record Year 2011 (359) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 201190119150
    New companies in 201091111123
    % change-1.1%7.2%22.0%
    Record Year2003 (107)2011 (119)2007 (165)

Closed Companies (dissolved)

  1. 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)ColchesterUK
    201124890,986
    201019782,677
    % change25.9%10.0%
    Record Year 2009 (291) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20111047668
    Closed companies in 2010486485
    % change116.7%18.8%-20%
    Record Year2011 (104)2008 (77)2009 (145)

Net Company Growth

  1. 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)ColchesterUK
    201111125,405
    201012822,460
    Record Year 2003 (207) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-144382
    Net growth in 2010434738
    Record Year2008 (60)2006 (66)2007 (120)

UK Company Share

  1. 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
    20110.3%
    20100.3%
    20090.4%
    20080.3%
    20070.2%
    Record Year (since 1960) 1968 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.3%0.3%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change-14.7%-5.7%16.3%
    Record Year1975 (0.6%)1968 (0.9%)1975 (0.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.89%CONSULTING5.04%
    CONSULTING1.73%MANAGEMENT4.97%
    CONSULTANCY1.37%CONSULTANCY3.16%
    COLCHESTER1.00%PROPERTY2.38%
    DESIGN0.95%TRADING2.10%
    ESSEX0.79%DESIGN1.93%
    PROPERTY0.74%ASSOCIATES1.92%
    CONSULTANTS0.68%BUSINESS1.87%
    MEDIA0.68%CONSTRUCTION1.80%
    (COLCHESTER)0.63%CONSULTANTS1.76%
    CARE0.63%MEDIA1.69%
    TRADING0.63%ENGINEERING1.61%
    ENGINEERING0.63%LONDON1.60%
    C0.58%CARE1.45%
    CONSTRUCTION0.58%J1.45%
    TRAINING0.53%GLOBAL1.44%
    ASSOCIATES0.53%INVESTMENTS1.43%
    PROPERTIES0.47%IT1.41%
    T0.47%PROPERTIES1.36%
    TRANSPORT0.47%BUILDING1.34%
    GREEN0.42%M1.30%
    HOLDINGS0.42%ELECTRICAL1.28%
    ENTERPRISES0.42%S1.24%
    J0.42%INTERNATIONAL1.23%
    ANTHONY0.42%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied458202,798
    7487 - Other business activities14860,968
    82990 - Other business support service activities not elsewhere classified12730,253
    9999 - Dormant Company8019,765
    99999 - Dormant Company7818,336
    70229 - Management consultancy activities other than financial management6516,150
    7414 - Business & management consultancy4112,916
    62020 - Information technology consultancy activities3710,246
    7260 - Other computer related activities327,789
    62090 - Other information technology service activities316,996
    7499 - Non-trading company3111,316
    96090 - Other service activities not elsewhere classified3110,085
    74990 - Non-trading company278,695
    9305 - Other service activities268,740
    7222 - Other software consultancy and supply247,000
    93199 - Other sports activities231,558
    43210 - Electrical installation193,172
    74909 - Other professional, scientific and technical activities not elsewhere classified197,788
    43390 - Other building completion and finishing182,707
    4521 - General construction & civil engineering176,183

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07519394 ACE CARE COLCHESTER LTD 07 Feb 2011
    07517999 LAYERED LIMITED 04 Feb 2011
    07516251 RUTHVEN SOLUTIONS LIMITED 03 Feb 2011
    07514855 LOCUMHUB LIMITED 02 Feb 2011
    07544709 ADVANTAGE HOME IMPROVMENTS LTD 28 Feb 2011
    07531477 SOLFICO LTD 16 Feb 2011
    07528105 JARA&SON LIMITED 14 Feb 2011
    OC362252 CONSTRUCTION EAST LLP 28 Feb 2011
    07532403 REGENCY BEDS AND CHAIRS LIMITED 16 Feb 2011
    07529385 DJB HOUSING LIMITED 14 Feb 2011
    07520259 J.H.K ESSEX LIMITED 08 Feb 2011
    07518715 LOVE VANITY LTD 07 Feb 2011
    07511922 ANIX CARE SERVICES LTD 01 Feb 2011
    07543198 BELVOIR CONSULTING LIMITED 25 Feb 2011
    07537483 ACCESS2ADVICE (UK) LIMITED 21 Feb 2011
    07514357 BRIGHT SELECTION LTD 02 Feb 2011
    07542766 PARADIGM GATE LTD 25 Feb 2011
    07539435 LEIGHTON ROOFING LIMITED 22 Feb 2011
    07533936 LORACOM LTD 17 Feb 2011
    07533513 THE HARDWOOD FLOORING STUDIO LTD 17 Feb 2011
    07516850 65LP LIMITED 03 Feb 2011
    07514733 MUTLEYS INC LTD 02 Feb 2011
    07544319 COLNE VALLEY TREE CARE (UK) LIMITED 28 Feb 2011
    07542101 RAM TOOLS LIMITED 24 Feb 2011
    07526630 ISITE-MEDIA LTD 11 Feb 2011