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

  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 (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.

    YearColchesterUK
    20121,391491,893
    20111,300452,870
    20101,199400,358
    20091,144362,675
    20081,128349,203
    Record Year2012 (1,391)2012 (491,893)
    New Companies by Year
  2. 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)ColchesterUK
    2012633238,743
    2011632224,135
    % change0.2%6.5%
    Record Year2003 (635)2012 (238,743)
    New Companies by Half Year
  3. 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)ColchesterUK
    2012297119,875
    2011295109,623
    % change0.7%9.4%
    Record Year 2003 (306) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201211110482
    New companies in 201111110975
    % change0.0%-4.6%9.3%
    Record Year2003 (128)2011 (109)2003 (85)

Closed Companies (dissolved)

  1. 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.

    YearColchesterUK
    2012911293,728
    2011813314,524
    2010871342,233
    20091,185533,787
    2008594237,873
    Record Year2009 (1,185)2009 (533,787)
    Dissolved Companies by Year
  2. 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)ColchesterUK
    2012464145,934
    2011386152,213
    % change20.2%-4.1%
    Record Year2009 (499)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)ColchesterUK
    201223970,026
    201119379,983
    % change23.8%-12.4%
    Record Year 2012 (239) 2009 (85,139)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20121018751
    Closed companies in 2011467176
    % change119.6%22.5%-33%
    Record Year2012 (101)2012 (87)2011 (76)

Net Company Growth

  1. 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.

    YearColchesterUK
    2012480198,165
    2011487138,346
    201032858,125
    2009-41-171,112
    2008534111,330
    Record Year2003 (775)2003 (242,541)
    Net Growth by Year
  2. 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)ColchesterUK
    201216992,809
    201124671,922
    Record Year2003 (410)2003 (117,772)
    Net Growth by Half Year
  3. 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)ColchesterUK
    20125849,849
    201110229,640
    Record Year 2003 (206) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012101731
    Net growth in 20116538-1
    Record Year2003 (100)2003 (56)2007 (59)

UK Company Share

  1. 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.

    YearColchester
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960)1988 (0.4%)
    Company Share by Year
  2. 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
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1987 (0.4%)
    Company Share by Half Year
  3. 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
    20120.2%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1988 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.2%0.2%0.3%
    UK formation share in 20110.3%0.3%0.2%
    % change-16.0%-9.2%6.4%
    Record Year1969 (0.5%)1960 (0.6%)1987 (0.5%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.56%CONSULTING5.15%
    MANAGEMENT1.46%MANAGEMENT4.78%
    CARE1.13%CONSULTANCY3.31%
    CONSULTANCY1.09%PROPERTY2.40%
    PROPERTY0.90%TRADING2.03%
    ESSEX0.80%DESIGN1.86%
    CONSTRUCTION0.76%ASSOCIATES1.82%
    DESIGN0.66%ENGINEERING1.79%
    MEDIA0.61%BUSINESS1.76%
    PRODUCTIONS0.61%CONSULTANTS1.75%
    J0.61%CONSTRUCTION1.69%
    GREEN0.61%LONDON1.69%
    TRAINING0.57%MEDIA1.69%
    COLCHESTER0.57%GLOBAL1.59%
    (COLCHESTER)0.57%J1.57%
    ASSOCIATES0.52%INVESTMENTS1.46%
    BUILDING0.52%IT1.43%
    CONSULTANTS0.52%CARE1.39%
    ENTERPRISES0.47%PROPERTIES1.34%
    G0.47%M1.26%
    CREATIVE0.43%BUILDING1.23%
    R0.43%ENTERPRISES1.21%
    HOUSE0.43%TRAINING1.18%
    S0.43%ELECTRICAL1.17%
    TRADING0.38%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied534236,139
    82990 - Other business support service activities not elsewhere classified16452,427
    99999 - Dormant Company12340,648
    70229 - Management consultancy activities other than financial management11130,396
    96090 - Other service activities not elsewhere classified6822,058
    62020 - Information technology consultancy activities6423,256
    93199 - Other sports activities413,154
    62090 - Other information technology service activities3812,291
    41100 - Development of building projects337,980
    74990 - Non-trading company3013,808
    43390 - Other building completion and finishing304,882
    7487 - Other business activities2710,703
    68209 - Other letting and operating of own or leased real estate246,971
    43999 - Other specialised construction activities not elsewhere classified246,419
    74909 - Other professional, scientific and technical activities not elsewhere classified2315,572
    86900 - Other human health activities227,866
    45200 - Maintenance and repair of motor vehicles204,290
    69201 - Accounting and auditing activities206,177
    47910 - Retail sale via mail order houses or via Internet206,307
    98000 - Residents property management194,377

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08303960 WIMPOLE ROAD LIMITED 22 Nov 2012
    08277743 WHITE HART HALSTEAD LIMITED 01 Nov 2012
    08299455 JDS CONTRACTOR SERVICES LIMITED 20 Nov 2012
    08308940 KAN SHI MING LIMITED 27 Nov 2012
    08313174 BIRD BUILDING & LANDSCAPING LIMITED 29 Nov 2012
    08290627 PLUM & PINK LTD 12 Nov 2012
    08291682 NEXUSNETWORKS LIMITED 13 Nov 2012
    08294925 NIGERIAN ELECTION SENSITIZATION SCHEME (NESS) 15 Nov 2012
    08299675 DEDHAM VALE VINEYARD LIMITED 20 Nov 2012
    08303706 PLANET 14 LANDSCAPES LIMITED 22 Nov 2012
    08303760 QUICK LABOURERS SERVICES LTD 22 Nov 2012
    08313896 DESIGNER SUNGLASSES LTD 30 Nov 2012
    08292051 EATON HOUSE STUDIO LTD 13 Nov 2012
    08298885 TILLER CONSULTING LIMITED 19 Nov 2012
    08307426 FRED EVANS LIMITED 26 Nov 2012
    08307947 SEAN MCGOLDRICK LIMITED 26 Nov 2012
    08308381 LAWRENCE OSUEKE LIMITED 27 Nov 2012
    08308522 ANDREW SELBY LIMITED 27 Nov 2012
    08308653 GAMAL YAFAI LIMITED 27 Nov 2012
    08314064 D J ROBERTS TILING LIMITED 30 Nov 2012
    08285047 GRAVEL HILL CONSULTING LIMITED 07 Nov 2012
    08287075 AUTO IN DESIGN LIMITED 08 Nov 2012
    08291076 EARLS COLNE FARM LIMITED 13 Nov 2012
    08291873 THE UK WELLNESS COMPANY LTD 13 Nov 2012
    08307164 PRO TIME (PT) LIMITED 26 Nov 2012