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Colchester, Essex

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Colchester when compared to any year in history.
  • November 2011 saw a new record in company registrations in Colchester when compared to any previous November.
  • December 2011 saw a new record in company closures in Colchester when compared to any previous December.

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. Annual Data (2011)

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

    A total of 1,300 companies were formed in Colchester in 2011. This total is 8.4% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearColchesterUK
    20111,300452,870
    20101,199400,358
    20091,144362,675
    20081,128349,203
    20071,195457,649
    Record Year2011 (1,300)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 632 companies were formed in Colchester. This figure is 7.7% higher than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Colchester occurred in 2003 when a total of 635 were formed.

    Half Year (Jul-Dec)ColchesterUK
    2011632224,135
    2010587196,609
    % change7.7%14.0%
    Record Year2003 (635)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 295 companies were registered in Colchester during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 5.0% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)ColchesterUK
    2011295109,623
    201028195,117
    % change5.0%15.3%
    Record Year 2003 (306) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201111110975
    New companies in 201011610659
    % change-4.3%2.8%27.1%
    Record Year2003 (128)2011 (109)2003 (85)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 813 companies were dissolved in Colchester in 2011. This total is 6.7% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearColchesterUK
    2011813314,523
    2010871342,232
    20091,185533,773
    2008594237,901
    2007617220,295
    Record Year2009 (1,185)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 386 companies were dissolved in Colchester. This figure is 10.2% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Colchester occurred in 2009 when a total of 499 were closed.

    Half Year (Jul-Dec)ColchesterUK
    2011386152,213
    2010430164,601
    % change-10.2%-7.5%
    Record Year2009 (499)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 193 companies were dissolved in Colchester during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 0.5% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)ColchesterUK
    201119379,983
    201019476,896
    % change-0.5%4.0%
    Record Year 2009 (207) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Colchester when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011467176
    Closed companies in 2010846545
    % change-45.2%9.2%69%
    Record Year2010 (84)2007 (72)2011 (76)

Net Company Growth

  1. Annual Data (2011)

    A total of 487 companies were added to the company register for Colchester in 2011. This number represents growth of 40.6% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 159 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.

    YearColchesterUK
    2011487138,347
    201032858,126
    2009-41-171,098
    2008534111,302
    2007578237,354
    Record Year2003 (775)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Colchester increased by 246 companies.

    Half Year (Jul-Dec)ColchesterUK
    201124671,922
    201015732,008
    Record Year2003 (410)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Colchester during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 102 companies.

    fourth quarter (Oct 2011 - Dec 2011)ColchesterUK
    201110229,640
    20108718,221
    Record Year 2003 (206) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20116538-1
    Net growth in 2010324114
    Record Year2003 (100)2003 (56)2007 (59)

UK Company Share

  1. Annual Data (2011)

    In 2011 Colchester formed 0.3% of all UK companies. This is no change on 2010 when Colchester was responsible for 0.3% of all UK companies.

    YearColchester
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960)1988 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Colchester
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1987 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Colchester
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1988 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.3%0.3%0.2%
    UK formation share in 20100.3%0.3%0.2%
    % change-16.8%-12.4%12.7%
    Record Year1969 (0.5%)1960 (0.6%)1987 (0.5%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 45.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 45.2.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 45.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 31.6%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Colchester was 1860 when 42.9% of all directors were female.

    28.7% of all director appointments in Colchester in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Colchester was in 1977 when 31.1% of all directors were female.

    30.7% of all director appointments in Colchester in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.95%CONSULTING5.07%
    MANAGEMENT1.64%MANAGEMENT4.74%
    CONSULTANCY0.97%CONSULTANCY3.26%
    MEDIA0.92%PROPERTY2.37%
    PROPERTY0.92%TRADING2.07%
    DESIGN0.82%DESIGN1.92%
    (COLCHESTER)0.82%ASSOCIATES1.86%
    ESSEX0.82%ENGINEERING1.78%
    CONSTRUCTION0.77%BUSINESS1.78%
    ASSOCIATES0.72%CONSULTANTS1.76%
    CARE0.67%CONSTRUCTION1.73%
    ELECTRICAL0.61%MEDIA1.71%
    COLCHESTER0.61%LONDON1.63%
    MAINTENANCE0.51%J1.51%
    ENTERPRISES0.51%INVESTMENTS1.48%
    L0.46%GLOBAL1.46%
    TRADING0.46%IT1.41%
    G0.46%CARE1.39%
    SYSTEMS0.46%PROPERTIES1.29%
    SCHOOL0.41%ELECTRICAL1.29%
    COLNE0.41%M1.27%
    HOME0.41%BUILDING1.26%
    C0.41%ENERGY1.25%
    MARINE0.41%S1.20%
    CONTRACTS0.41%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied448205,525
    7487 - Other business activities14757,052
    82990 - Other business support service activities not elsewhere classified13132,483
    99999 - Dormant Company8421,846
    9999 - Dormant Company7620,199
    70229 - Management consultancy activities other than financial management7117,765
    7414 - Business & management consultancy4213,034
    62020 - Information technology consultancy activities3912,072
    7499 - Non-trading company359,957
    96090 - Other service activities not elsewhere classified3311,768
    9305 - Other service activities339,492
    62090 - Other information technology service activities307,493
    7260 - Other computer related activities297,667
    93199 - Other sports activities231,768
    7222 - Other software consultancy and supply207,398
    9262 - Other sporting activities191,650
    74990 - Non-trading company198,929
    43210 - Electrical installation173,175
    41100 - Development of building projects174,331
    74909 - Other professional, scientific and technical activities not elsewhere classified178,671

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07831154 I-STRONGBOX LTD 01 Nov 2011
    07844720 PRACTICAL HR (CONSULTING) LTD 11 Nov 2011
    07845668 ZILEX CAPITAL LTD 14 Nov 2011
    07853060 FJG NOMINEE LIMITED 18 Nov 2011
    07865347 GOCAMP TRAVEL LTD 30 Nov 2011
    07865357 TRUBSHAWS HOUSEHOLD SOLUTIONS LIMITED 30 Nov 2011
    07836682 NEIL STAFF (UBA) LIMITED 07 Nov 2011
    07840058 SELIMKI LTD 09 Nov 2011
    07846805 FINE ESTATE AGENTS LIMITED 14 Nov 2011
    07853747 KATESON & DAUS LIMITED 21 Nov 2011
    07859397 GREENER PLANET PRODUCTS LIMITED 24 Nov 2011
    07859956 GREENER PLANET GROUP LIMITED 24 Nov 2011
    07860517 RAINLEAF DESIGN LIMITED 25 Nov 2011
    07832054 MK GAMER LTD 02 Nov 2011
    07848866 EARTH AND SEA LTD 16 Nov 2011
    07857371 RICHARD STONE PORTRAITS LIMITED 23 Nov 2011
    07857865 KMS 8 LIMITED 23 Nov 2011
    07859890 KEN SMITH COACHING LIMITED 24 Nov 2011
    07862050 FISHING BANKSIDE LIMITED 28 Nov 2011
    07838820 EFH CONSULTING LIMITED 08 Nov 2011
    07855030 51 BRONDESBURY VILLAS FREEHOLD MANAGEMENT COMPANY LIMITED 21 Nov 2011
    07861553 CAPEWHITE CONSULTING LTD 25 Nov 2011
    07834738 ARRAN CONSTRUCTION LIMITED 03 Nov 2011
    07850006 ODDMAC LIMITED 16 Nov 2011
    07837623 COLEMAN DESIGN LTD 07 Nov 2011