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Colchester, Essex

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Colchester when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Colchester when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Colchester when compared to any previous Q2.
  • May 2012 saw a new record in company registrations in Colchester when compared to any previous May.
  • June 2012 saw a new record in company closures 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 2012)

    The first half of 2012 saw a new record in company registrations in Colchester when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Colchester when compared to any half year in history.

    In the first half of 2012 a total of 758 companies were formed in Colchester. This figure is 13.5% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Colchester occurred in 2012 when a total of 758 were formed.

    Half Year (Jan-Jun)ColchesterUK
    2012758253,150
    2011668228,735
    % change13.5%10.7%
    Record Year2012 (758)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Colchester when compared to any previous Q2.

    A total of 353 companies were registered in Colchester during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 14.2% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)ColchesterUK
    2012353121,659
    2011309112,344
    % change14.2%8.3%
    Record Year 2012 (353) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    May 2012 saw a new record in company registrations in Colchester when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2012118123112
    New companies in 20118387139
    % change42.2%41.4%-19.4%
    Record Year1997 (123)2012 (123)2011 (139)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 447 companies were dissolved in Colchester. This figure is 4.7% higher than last year, which compares badly to the UK wide change of -8.9%.

    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
    2012447147,793
    2011427162,310
    % change4.7%-8.9%
    Record Year2009 (686)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 259 companies were dissolved in Colchester during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 44.7% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)ColchesterUK
    201225980,218
    201117971,324
    % change44.7%12.5%
    Record Year 2009 (395) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    June 2012 saw a new record in company closures in Colchester when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20127880101
    Closed companies in 2011317276
    % change151.6%11.1%33%
    Record Year2009 (97)2009 (213)2012 (101)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Colchester increased by 311 companies.

    Half Year (Jan-Jun)ColchesterUK
    2012311105,357
    201124166,425
    Record Year2007 (371)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Colchester during the second quarter of 2012 (Apr 2012 - Jun 2012) was 94 companies.

    second quarter (Apr 2012 - Jun 2012)ColchesterUK
    20129441,441
    201113041,020
    Record Year 1997 (213) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012404311
    Net growth in 2011521563
    Record Year1997 (117)2006 (60)2008 (74)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Colchester formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.

    Half Year (Jan-Jun)Colchester
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Colchester formed 0.3% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Colchester
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.3%0.3%0.3%
    UK formation share in 20110.2%0.2%0.3%
    % change19.7%23.9%-13.9%
    Record Year1967 (0.7%)1976 (0.6%)1966 (0.9%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 43.6.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 43.7.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Colchester was 1861 when 40.0% of all directors were female.

    27.2% of all director appointments in Colchester in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Colchester was in 1866 when 57.1% of all directors were female.

    30.5% of all director appointments in Colchester in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.73%CONSULTING5.07%
    MANAGEMENT1.73%MANAGEMENT4.74%
    ESSEX1.11%CONSULTANCY3.28%
    CONSULTANCY1.06%PROPERTY2.35%
    PROPERTY1.01%TRADING2.10%
    CONSTRUCTION0.96%DESIGN1.89%
    MEDIA0.77%ENGINEERING1.87%
    (COLCHESTER)0.77%ASSOCIATES1.82%
    CARE0.77%CONSULTANTS1.78%
    DESIGN0.72%CONSTRUCTION1.71%
    COLCHESTER0.58%BUSINESS1.70%
    G0.58%MEDIA1.69%
    ENTERPRISES0.58%LONDON1.68%
    M0.53%J1.57%
    R0.53%GLOBAL1.51%
    SCHOOL0.53%INVESTMENTS1.48%
    GREEN0.48%IT1.42%
    S0.48%CARE1.31%
    P0.48%PROPERTIES1.31%
    ELECTRICAL0.48%M1.26%
    ASSOCIATES0.48%ELECTRICAL1.23%
    RTM0.48%BUILDING1.23%
    MARINE0.43%SECURITY1.19%
    J0.43%S1.18%
    CONSULTANTS0.43%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied558244,457
    7487 - Other business activities11647,029
    82990 - Other business support service activities not elsewhere classified11635,447
    99999 - Dormant Company8826,088
    70229 - Management consultancy activities other than financial management7820,390
    9999 - Dormant Company6316,469
    96090 - Other service activities not elsewhere classified4914,220
    62020 - Information technology consultancy activities4715,280
    62090 - Other information technology service activities338,258
    7414 - Business & management consultancy3110,978
    93199 - Other sports activities272,095
    9305 - Other service activities277,926
    7499 - Non-trading company268,023
    43390 - Other building completion and finishing223,241
    74990 - Non-trading company219,706
    41100 - Development of building projects205,149
    43999 - Other specialised construction activities not elsewhere classified194,091
    7260 - Other computer related activities196,456
    69201 - Accounting and auditing activities184,295
    74909 - Other professional, scientific and technical activities not elsewhere classified1810,271

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08059490 UNION PRODUCTION LIMITED 08 May 2012
    08064717 MEDUSA CONTRACTING LIMITED 10 May 2012
    08070605 MANJEUES LIMITED 16 May 2012
    08068999 CATERING ELITE LIMITED 15 May 2012
    08069015 CHRISTOPHER TOWNSON SOFTWARE DEVELOPMENT LIMITED 15 May 2012
    08078155 VISIONGUARD SECURITY LTD 22 May 2012
    08079096 TREADPOWER TYRES LTD. 22 May 2012
    08088633 RAWSTORN GARDENS (COLCHESTER) MANAGEMENT LTD 30 May 2012
    08053941 RG TRUSTEES LIMITED 02 May 2012
    08063403 CROSBY INDEPENDENT TRADERS LIMITED 10 May 2012
    08070434 ITOWN LTD 16 May 2012
    08079307 MARFLEET CIVIL ENGINEERING LIMITED 22 May 2012
    08082473 RDR ESSEX LTD 24 May 2012
    08082969 OPTIMISED LOGISTICS LTD 25 May 2012
    08090455 JOHN MOORE TREE SERVICES LIMITED 31 May 2012
    08090458 NEWLINE FLOORING LIMITED 31 May 2012
    08062214 VL CONSULTING LIMITED 09 May 2012
    08063463 CPI CARD GROUP - PETERSFIELD LIMITED 10 May 2012
    08071327 REMMECOLE LIMITED 16 May 2012
    08079122 BISTON JR INVESTMENT LIMITED 22 May 2012
    08091376 AMBERT LTD 31 May 2012
    08053728 DIGITAL INCEPTION LABS LIMITED 02 May 2012
    08060282 VISUAL PURPLE LIMITED 08 May 2012
    08065191 MRSC LIMITED 11 May 2012
    08074042 PRINCIPAL PENTHOUSE LIMITED 17 May 2012