Colchester, Essex

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • January 2013 saw a new record in company closures in Colchester when compared to any previous January.

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 (Q1 Jan-Mar 2013)

    A total of 373 companies were registered in Colchester during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 7.9% versus the same period last year (Q1 2012). This figure compares badly to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)ColchesterUK
    2013373134,802
    2012405131,491
    % change-7.9%2.5%
    Record Year 2012 (405) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201398122153
    New companies in 2012123133149
    % change-20.3%-8.3%2.7%
    Record Year2012 (123)2012 (133)2007 (165)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 251 companies were dissolved in Colchester during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 33.5% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)ColchesterUK
    201325177,914
    201218867,576
    % change33.5%15.3%
    Record Year 2009 (291) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    January 2013 saw a new record in company closures in Colchester when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20131087568
    Closed companies in 2012565676
    % change92.9%33.9%-11%
    Record Year2013 (108)2008 (77)2009 (145)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Colchester during the first quarter of 2013 (Jan 2013 - Mar 2013) was 122 companies.

    first quarter (Jan 2013 - Mar 2013)ColchesterUK
    201312256,888
    201221763,915
    Record Year 2012 (217) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013-104785
    Net growth in 2012677773
    Record Year2012 (67)2012 (77)2007 (120)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Colchester formed 0.3% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Colchester
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.4%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.2%0.3%0.3%
    UK formation share in 20120.3%0.3%0.3%
    % change-28.6%-9.0%6.1%
    Record Year1980 (0.5%)1991 (0.4%)1998 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 47.2.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 1.8%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Colchester was in 2009 when 34.6% of all directors were female.

    20.4% of all director appointments in Colchester in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.47%CONSULTING5.18%
    MANAGEMENT1.28%MANAGEMENT4.78%
    CARE1.09%CONSULTANCY3.30%
    DESIGN0.90%PROPERTY2.44%
    PROPERTY0.81%TRADING2.06%
    ESSEX0.71%DESIGN1.79%
    ENERGY0.71%ENGINEERING1.78%
    CONSULTANCY0.71%BUSINESS1.77%
    ELECTRICAL0.62%ASSOCIATES1.75%
    COLCHESTER0.62%LONDON1.72%
    BUILDING0.62%CONSULTANTS1.71%
    TRAINING0.57%CONSTRUCTION1.69%
    PRODUCTIONS0.57%MEDIA1.63%
    GREEN0.57%GLOBAL1.57%
    (COLCHESTER)0.52%J1.56%
    CONSTRUCTION0.48%CARE1.46%
    ENGINEERING0.48%IT1.43%
    RTM0.48%INVESTMENTS1.41%
    J0.48%PROPERTIES1.36%
    PUSH0.43%M1.25%
    MEDIA0.43%BUILDING1.21%
    C0.43%ENTERPRISES1.19%
    TRADING0.43%ELECTRICAL1.18%
    CONSULTANTS0.38%TRAINING1.17%
    COMMUNITY0.33%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied562249,183
    82990 - Other business support service activities not elsewhere classified18054,531
    99999 - Dormant Company12943,384
    70229 - Management consultancy activities other than financial management12632,624
    96090 - Other service activities not elsewhere classified6723,532
    62020 - Information technology consultancy activities6324,894
    93199 - Other sports activities523,375
    41100 - Development of building projects398,637
    62090 - Other information technology service activities3112,664
    43390 - Other building completion and finishing275,145
    68209 - Other letting and operating of own or leased real estate277,507
    74990 - Non-trading company2614,129
    74909 - Other professional, scientific and technical activities not elsewhere classified2616,448
    45200 - Maintenance and repair of motor vehicles254,684
    43999 - Other specialised construction activities not elsewhere classified246,954
    49410 - Freight transport by road235,834
    47910 - Retail sale via mail order houses or via Internet227,199
    62012 - Business and domestic software development228,099
    47990 - Other retail sale not in stores, stalls or markets215,186
    69201 - Accounting and auditing activities216,591

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08347549 THE WIX FOOD COMPANY LTD 04 Jan 2013
    08352515 LEGAL CONNECTIONS LIMITED 08 Jan 2013
    08359178 DINOS VALETING LTD 14 Jan 2013
    08381419 CDESOUZA LIMITED 30 Jan 2013
    08368825 STONEHAVEN INFORMATION SERVICES LIMITED 21 Jan 2013
    08369181 CHECK MY TANK LTD 21 Jan 2013
    08351939 VIRTUALITY IT LIMITED 08 Jan 2013
    08357561 GROVEVILLE LIMITED 11 Jan 2013
    08357577 ABSOLUTE PERSONAL FITNESS LTD 11 Jan 2013
    08360639 MYLAND PRE-SCHOOL CIC 15 Jan 2013
    08362507 DMT JOHNSON LTD 16 Jan 2013
    08368895 COINPAY LIMITED 21 Jan 2013
    08349392 EXESS RECREATION AND COMMUNICATIONS LIMITED 07 Jan 2013
    08351464 JO WEAVER CONSULTING LIMITED 08 Jan 2013
    08364354 LISCA CONSULTING SERVICES LIMITED 17 Jan 2013
    08364900 APD CATERING LIMITED 17 Jan 2013
    08379541 CHARLESTON COURT (WEST MERSEA) RTM COMPANY LIMITED 29 Jan 2013
    08381663 M AND C BESPOKE JOINERY LIMITED 30 Jan 2013
    08349781 LANE CORPORATION LIMITED 07 Jan 2013
    08359456 DATAREACH LIMITED 14 Jan 2013
    08369933 MEPCO (CHELMSFORD) LIMITED 22 Jan 2013
    08375922 HURST SOLUTIONS LIMITED 25 Jan 2013
    08344421 GCO GENERAL SERVICES LIMITED 02 Jan 2013
    08358117 XENA AUTOMOTIVE MANAGEMENT LTD 14 Jan 2013
    08359301 SPARKLEX RACING LIMITED 14 Jan 2013