Colchester, Essex

Q3 2012 Business Confidence Report

Headlines

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

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 (Q3 Jul-Sep 2012)

    A total of 336 companies were registered in Colchester during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 0.3% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)ColchesterUK
    2012336118,868
    2011337114,512
    % change-0.3%3.8%
    Record Year 2011 (337) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012115114107
    New companies in 201195128114
    % change21.1%-10.9%-6.1%
    Record Year2003 (128)2011 (128)2003 (118)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 222 companies were dissolved in Colchester during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 15.0% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)ColchesterUK
    201222274,772
    201119372,230
    % change15.0%3.5%
    Record Year 2009 (292) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012808062
    Closed companies in 2011647752
    % change25.0%3.9%19%
    Record Year2012 (80)2008 (147)2009 (139)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Colchester during the third quarter of 2012 (Jul 2012 - Sep 2012) was 114 companies.

    third quarter (Jul 2012 - Sep 2012)ColchesterUK
    201211444,096
    201114442,282
    Record Year 2003 (204) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012353445
    Net growth in 2011315162
    Record Year2008 (98)2002 (71)2002 (80)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Colchester
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1961 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.3%0.3%0.3%
    UK formation share in 20110.3%0.3%0.3%
    % change8.6%-10.2%-7.2%
    Record Year1973 (0.6%)1972 (0.6%)1961 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 43.9.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Colchester was in 1862 when 50.0% of all directors were female.

    27.8% of all director appointments in Colchester in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.72%CONSULTING5.05%
    MANAGEMENT1.53%MANAGEMENT4.75%
    CONSULTANCY1.20%CONSULTANCY3.28%
    PROPERTY1.00%PROPERTY2.35%
    CONSTRUCTION1.00%TRADING2.08%
    CARE0.96%DESIGN1.87%
    ESSEX0.91%ASSOCIATES1.84%
    DESIGN0.81%ENGINEERING1.83%
    MEDIA0.72%CONSULTANTS1.76%
    GREEN0.67%BUSINESS1.72%
    (COLCHESTER)0.67%CONSTRUCTION1.70%
    G0.57%MEDIA1.67%
    ELECTRICAL0.57%LONDON1.67%
    ASSOCIATES0.53%J1.55%
    HEALTH0.53%GLOBAL1.53%
    COLCHESTER0.53%INVESTMENTS1.46%
    ENTERPRISES0.53%IT1.43%
    M0.53%PROPERTIES1.34%
    PRODUCTIONS0.48%CARE1.32%
    S0.48%M1.27%
    R0.48%BUILDING1.22%
    J0.48%ENTERPRISES1.20%
    RTM0.43%ELECTRICAL1.20%
    TRAINING0.43%S1.17%
    CREATIVE0.43%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied824331,455
    82990 - Other business support service activities not elsewhere classified11133,677
    99999 - Dormant Company8625,035
    7487 - Other business activities8635,545
    70229 - Management consultancy activities other than financial management7619,425
    9999 - Dormant Company4712,598
    62020 - Information technology consultancy activities4614,774
    96090 - Other service activities not elsewhere classified4613,716
    62090 - Other information technology service activities317,869
    93199 - Other sports activities252,009
    9305 - Other service activities246,142
    7414 - Business & management consultancy238,437
    43390 - Other building completion and finishing223,093
    41100 - Development of building projects194,965
    74909 - Other professional, scientific and technical activities not elsewhere classified189,891
    43999 - Other specialised construction activities not elsewhere classified183,943
    7499 - Non-trading company186,164
    69201 - Accounting and auditing activities174,119
    86900 - Other human health activities164,998
    74990 - Non-trading company169,203

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08136139 KINANE LIGHTING LIMITED 10 Jul 2012
    08132021 MANNINGTREE TAXIS LIMITED 05 Jul 2012
    08132859 BIKE AND SCOOTER LTD 06 Jul 2012
    08137404 M&HJ SHARE UK LTD 10 Jul 2012
    08140606 SWEET RIDE RECORDS LTD 12 Jul 2012
    08147815 OLLIE'S ROOFING SERVICES LIMITED 18 Jul 2012
    08138258 STS SOCIAL CARE LIMITED 11 Jul 2012
    08142373 LIFE REG LIMITED 13 Jul 2012
    08158022 TEAMIPSWICH SWIMMING 26 Jul 2012
    08126376 OPTEMAL LTD. 02 Jul 2012
    08133570 MANIMPEX LIMITED 06 Jul 2012
    08141077 AETL LTD 12 Jul 2012
    08154083 GREENING SPORT LIMITED 24 Jul 2012
    08154358 GREEN ECO CONSTRUCTION SERVICES LTD 24 Jul 2012
    08163225 FINE LOCATION LTD 31 Jul 2012
    08136375 BELMEDIX DISTRIBUTION LIMITED 10 Jul 2012
    08141150 SANDRA FREEMAN LTD 12 Jul 2012
    08146439 RIPPLE INNOVATIONS LIMITED 17 Jul 2012
    08158934 WORD WARRIOR LIMITED 27 Jul 2012
    08148732 FIRSTCALLEUSTON LTD 19 Jul 2012
    08150099 464 LIMITED 19 Jul 2012
    08162081 STC CONTRACTS LIMITED 31 Jul 2012
    08163168 CHENERYS CHIMNEYS LIMITED 31 Jul 2012
    08127025 AUTOSMITH LTD 02 Jul 2012
    08132956 NEWMAN AND CLARK LIMITED 06 Jul 2012