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Colchester, Essex

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Colchester when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Colchester when compared to any half year in history.
  • June 2011 saw a new record in company registrations in Colchester when compared to any previous June.

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. Half Year Data (Jan-Jun 2011)

    The first half of 2011 saw a new record in company registrations in Colchester when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Colchester when compared to any half year in history.

    In the first half of 2011 a total of 668 companies were formed in Colchester. This figure is 9.2% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Colchester occurred in 2011 when a total of 668 were formed.

    Half Year (Jan-Jun)ColchesterUK
    2011668228,735
    2010612203,749
    % change9.2%12.3%
    Record Year2011 (668)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 309 companies were registered in Colchester during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 7.7% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)ColchesterUK
    2011309112,344
    201028798,612
    % change7.7%13.9%
    Record Year 2011 (309) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company registrations in Colchester when compared to any previous June.

    New Companies by Month
    AprilMayJune
    New companies in 20118387139
    New companies in 20109183113
    % change-8.8%4.8%23.0%
    Record Year1997 (123)2006 (101)2011 (139)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 427 companies were dissolved in Colchester. This figure is 3.2% lower than last year, which compares badly to the UK wide change of -8.6%.

    The highest total for a first half year in Colchester occurred in 2009 when a total of 686 were closed.

    Half Year (Jan-Jun)ColchesterUK
    2011427162,310
    2010441177,631
    % change-3.2%-8.6%
    Record Year2009 (686)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 179 companies were dissolved in Colchester during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 26.6% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)ColchesterUK
    201117971,324
    201024494,954
    % change-26.6%-24.9%
    Record Year 2009 (395) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011317276
    Closed companies in 20105010094
    % change-38.0%-28.0%-19%
    Record Year2009 (97)2009 (213)2010 (94)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Colchester increased by 241 companies.

    Half Year (Jan-Jun)ColchesterUK
    201124166,425
    201017126,118
    Record Year2007 (371)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Colchester during the second quarter of 2011 (Apr 2011 - Jun 2011) was 130 companies.

    second quarter (Apr 2011 - Jun 2011)ColchesterUK
    201113041,020
    2010433,658
    Record Year 1997 (213) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011521563
    Net growth in 201041-1719
    Record Year1997 (117)2006 (60)2008 (74)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Colchester formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.

    Half Year (Jan-Jun)Colchester
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Colchester formed 0.3% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Colchester
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.2%0.2%0.3%
    UK formation share in 20100.3%0.3%0.3%
    % change-11.7%-17.4%9.0%
    Record Year1967 (0.7%)1976 (0.6%)1966 (0.9%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 44.8.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.5.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Colchester was 1857 when 40.0% of all directors were female.

    28.1% of all director appointments in Colchester in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Colchester was in 1866 when 66.7% of all directors were female.

    29.0% of all director appointments in Colchester in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.76%CONSULTING5.09%
    CONSULTING1.71%MANAGEMENT4.86%
    CONSULTANCY1.34%CONSULTANCY3.17%
    DESIGN1.03%PROPERTY2.43%
    PROPERTY0.98%TRADING2.05%
    COLCHESTER0.93%DESIGN1.94%
    MEDIA0.83%ASSOCIATES1.92%
    CARE0.78%BUSINESS1.87%
    ESSEX0.72%CONSTRUCTION1.77%
    TRAINING0.67%CONSULTANTS1.76%
    ASSOCIATES0.67%MEDIA1.73%
    CONSULTANTS0.62%ENGINEERING1.67%
    (COLCHESTER)0.62%LONDON1.60%
    TRADING0.57%GLOBAL1.46%
    ENGINEERING0.52%J1.44%
    T0.52%CARE1.44%
    C0.47%INVESTMENTS1.42%
    PROPERTIES0.47%IT1.39%
    CONSTRUCTION0.47%BUILDING1.32%
    HOLDINGS0.47%PROPERTIES1.31%
    ANTHONY0.41%ELECTRICAL1.30%
    J0.41%M1.27%
    MAINTENANCE0.41%S1.23%
    ELECTRICAL0.41%ENTERPRISES1.20%
    TRANSPORT0.41%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied447202,072
    7487 - Other business activities15360,758
    82990 - Other business support service activities not elsewhere classified13730,647
    99999 - Dormant Company7818,918
    9999 - Dormant Company7620,111
    70229 - Management consultancy activities other than financial management7016,419
    7414 - Business & management consultancy4113,053
    62020 - Information technology consultancy activities3910,545
    7499 - Non-trading company3310,955
    7260 - Other computer related activities327,849
    96090 - Other service activities not elsewhere classified2910,322
    62090 - Other information technology service activities297,095
    9305 - Other service activities279,063
    7222 - Other software consultancy and supply237,143
    74990 - Non-trading company218,481
    43210 - Electrical installation193,085
    93199 - Other sports activities191,558
    4521 - General construction & civil engineering185,928
    74909 - Other professional, scientific and technical activities not elsewhere classified167,835
    41100 - Development of building projects163,852

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07604911 THE LIGHTHOUSE CATERING LIMITED 14 Apr 2011
    07596185 CARCAR STYLE LTD 07 Apr 2011
    07591774 INCENDIO LIMITED 05 Apr 2011
    07591767 RAMUS LTD 05 Apr 2011
    07611222 FLASH HAND CAR WASH LTD 20 Apr 2011
    07596927 CARISMA AUTO DESIGN LTD 08 Apr 2011
    07589257 VOLITATION INVESTMENT CO. LTD 04 Apr 2011
    07612094 24-28 SANDMARTIN CRESCENT LIMITED 21 Apr 2011
    07606388 AGRIMAC (UK) LIMITED 15 Apr 2011
    07598130 JOSEPH LUKES GUITARS LTD. 11 Apr 2011
    07594318 ASSURED FUNDING LTD 06 Apr 2011
    07617633 MICK'S PIE & TASH LTD 28 Apr 2011
    07610430 369INTERNET LTD 20 Apr 2011
    07609129 DEAL CARROT PLC 19 Apr 2011
    07595830 DOWNTOWN CONSULTING LIMITED 07 Apr 2011
    07595099 JANE'S ADDICTION LTD 07 Apr 2011
    07618164 MERSEA TRAWLERS LIMITED 28 Apr 2011
    07617852 TPMG LIMITED 28 Apr 2011
    07588247 STRAWBERRY SYSTEMS LIMITED 01 Apr 2011
    07614059 HOMES FOR WASTES LTD 26 Apr 2011
    07607546 SPILLSURE SOLUTIONS LIMITED 18 Apr 2011
    07602629 REGIONAL SCAFFOLDING (COLCHESTER) LIMITED 13 Apr 2011
    07590914 COGGESHALL AUTO REPAIRS & SERVICING LIMITED 05 Apr 2011
    07612392 LENS LENDERS LTD 21 Apr 2011
    07603073 DXK LTD 13 Apr 2011