Colchester, Essex
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Colchester when compared to any year in history.
- Q4 2012 saw a new record in company closures in Colchester when compared to any previous Q4.
- November 2012 saw a new record in company closures in Colchester when compared to any previous November.
- October 2012 saw a new record in company closures in Colchester when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Colchester when compared to any year in history.
A total of 1,391 companies were formed in Colchester in 2012. This total is 7.0% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Colchester UK 2012 1,391 491,893 2011 1,300 452,870 2010 1,199 400,358 2009 1,144 362,675 2008 1,128 349,203 Record Year 2012 (1,391) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 633 companies were formed in Colchester. This figure is 0.2% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Colchester occurred in 2003 when a total of 635 were formed.
Half Year (Jul-Dec) Colchester UK 2012 633 238,743 2011 632 224,135 % change 0.2% 6.5% Record Year 2003 (635) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 297 companies were registered in Colchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 0.7% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Colchester UK 2012 297 119,875 2011 295 109,623 % change 0.7% 9.4% Record Year 2003 (306) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 111 104 82 New companies in 2011 111 109 75 % change 0.0% -4.6% 9.3% Record Year 2003 (128) 2011 (109) 2003 (85)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 911 companies were dissolved in Colchester in 2012. This total is 12.1% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Colchester UK 2012 911 293,728 2011 813 314,524 2010 871 342,233 2009 1,185 533,787 2008 594 237,873 Record Year 2009 (1,185) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 464 companies were dissolved in Colchester. This figure is 20.2% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Colchester occurred in 2009 when a total of 499 were closed.
Half Year (Jul-Dec) Colchester UK 2012 464 145,934 2011 386 152,213 % change 20.2% -4.1% Record Year 2009 (499) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company closures in Colchester when compared to any previous Q4.
A total of 239 companies were dissolved in Colchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 23.8% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Colchester UK 2012 239 70,026 2011 193 79,983 % change 23.8% -12.4% Record Year 2012 (239) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company closures in Colchester when compared to any previous November.
October 2012 saw a new record in company closures in Colchester when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 101 87 51 Closed companies in 2011 46 71 76 % change 119.6% 22.5% -33% Record Year 2012 (101) 2012 (87) 2011 (76)
Net Company Growth
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Annual Data (2012)
A total of 480 companies were added to the company register for Colchester in 2012. This number represents growth of 36.9% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 7 companies lower 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.
Year Colchester UK 2012 480 198,165 2011 487 138,346 2010 328 58,125 2009 -41 -171,112 2008 534 111,330 Record Year 2003 (775) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Colchester increased by 169 companies.
Half Year (Jul-Dec) Colchester UK 2012 169 92,809 2011 246 71,922 Record Year 2003 (410) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Colchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 58 companies.
fourth quarter (Oct 2012 - Dec 2012) Colchester UK 2012 58 49,849 2011 102 29,640 Record Year 2003 (206) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 10 17 31 Net growth in 2011 65 38 -1 Record Year 2003 (100) 2003 (56) 2007 (59)
UK Company Share
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Annual Data (2012)
In 2012 Colchester formed 0.3% of all UK companies. This is no change on 2011 when Colchester was responsible for 0.3% of all UK companies.
Year Colchester 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1988 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Colchester formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.
Half Year (Jul-Dec) Colchester 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1987 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Colchester formed 0.2% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Colchester 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1988 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.2% 0.2% 0.3% UK formation share in 2011 0.3% 0.3% 0.2% % change -16.0% -9.2% 6.4% Record Year 1969 (0.5%) 1960 (0.6%) 1987 (0.5%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 44.4.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 44.1.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 42.6.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Colchester was 1860 when 35.7% of all directors were female.
The percentage of female directors in Colchester in 2012 was 31.8%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Colchester was 1860 when 42.9% of all directors were female.
28.1% of all director appointments in Colchester in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Colchester was in 1977 when 31.2% of all directors were female.
28.0% of all director appointments in Colchester in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.56% CONSULTING 5.15% MANAGEMENT 1.46% MANAGEMENT 4.78% CARE 1.13% CONSULTANCY 3.31% CONSULTANCY 1.09% PROPERTY 2.40% PROPERTY 0.90% TRADING 2.03% ESSEX 0.80% DESIGN 1.86% CONSTRUCTION 0.76% ASSOCIATES 1.82% DESIGN 0.66% ENGINEERING 1.79% MEDIA 0.61% BUSINESS 1.76% PRODUCTIONS 0.61% CONSULTANTS 1.75% J 0.61% CONSTRUCTION 1.69% GREEN 0.61% LONDON 1.69% TRAINING 0.57% MEDIA 1.69% COLCHESTER 0.57% GLOBAL 1.59% (COLCHESTER) 0.57% J 1.57% ASSOCIATES 0.52% INVESTMENTS 1.46% BUILDING 0.52% IT 1.43% CONSULTANTS 0.52% CARE 1.39% ENTERPRISES 0.47% PROPERTIES 1.34% G 0.47% M 1.26% CREATIVE 0.43% BUILDING 1.23% R 0.43% ENTERPRISES 1.21% HOUSE 0.43% TRAINING 1.18% S 0.43% ELECTRICAL 1.17% TRADING 0.38% SECURITY 1.17%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 534 236,139 82990 - Other business support service activities not elsewhere classified 164 52,427 99999 - Dormant Company 123 40,648 70229 - Management consultancy activities other than financial management 111 30,396 96090 - Other service activities not elsewhere classified 68 22,058 62020 - Information technology consultancy activities 64 23,256 93199 - Other sports activities 41 3,154 62090 - Other information technology service activities 38 12,291 41100 - Development of building projects 33 7,980 74990 - Non-trading company 30 13,808 43390 - Other building completion and finishing 30 4,882 7487 - Other business activities 27 10,703 68209 - Other letting and operating of own or leased real estate 24 6,971 43999 - Other specialised construction activities not elsewhere classified 24 6,419 74909 - Other professional, scientific and technical activities not elsewhere classified 23 15,572 86900 - Other human health activities 22 7,866 45200 - Maintenance and repair of motor vehicles 20 4,290 69201 - Accounting and auditing activities 20 6,177 47910 - Retail sale via mail order houses or via Internet 20 6,307 98000 - Residents property management 19 4,377
Recent Companies
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Randomly selected companies from this quarter
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