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
New Company Registrations
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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) Colchester UK 2013 373 134,802 2012 405 131,491 % change -7.9% 2.5% Record Year 2012 (405) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
New Companies by Month
January February March New companies in 2013 98 122 153 New companies in 2012 123 133 149 % change -20.3% -8.3% 2.7% Record Year 2012 (123) 2012 (133) 2007 (165)
Closed Companies (dissolved)
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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) Colchester UK 2013 251 77,914 2012 188 67,576 % change 33.5% 15.3% Record Year 2009 (291) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2013 108 75 68 Closed companies in 2012 56 56 76 % change 92.9% 33.9% -11% Record Year 2013 (108) 2008 (77) 2009 (145)
Net Company Growth
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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) Colchester UK 2013 122 56,888 2012 217 63,915 Record Year 2012 (217) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 -10 47 85 Net growth in 2012 67 77 73 Record Year 2012 (67) 2012 (77) 2007 (120)
UK Company Share
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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 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.4% Record Year (since 1960) 1997 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.2% 0.3% 0.3% UK formation share in 2012 0.3% 0.3% 0.3% % change -28.6% -9.0% 6.1% Record Year 1980 (0.5%) 1991 (0.4%) 1998 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.47% CONSULTING 5.18% MANAGEMENT 1.28% MANAGEMENT 4.78% CARE 1.09% CONSULTANCY 3.30% DESIGN 0.90% PROPERTY 2.44% PROPERTY 0.81% TRADING 2.06% ESSEX 0.71% DESIGN 1.79% ENERGY 0.71% ENGINEERING 1.78% CONSULTANCY 0.71% BUSINESS 1.77% ELECTRICAL 0.62% ASSOCIATES 1.75% COLCHESTER 0.62% LONDON 1.72% BUILDING 0.62% CONSULTANTS 1.71% TRAINING 0.57% CONSTRUCTION 1.69% PRODUCTIONS 0.57% MEDIA 1.63% GREEN 0.57% GLOBAL 1.57% (COLCHESTER) 0.52% J 1.56% CONSTRUCTION 0.48% CARE 1.46% ENGINEERING 0.48% IT 1.43% RTM 0.48% INVESTMENTS 1.41% J 0.48% PROPERTIES 1.36% PUSH 0.43% M 1.25% MEDIA 0.43% BUILDING 1.21% C 0.43% ENTERPRISES 1.19% TRADING 0.43% ELECTRICAL 1.18% CONSULTANTS 0.38% TRAINING 1.17% COMMUNITY 0.33% SECURITY 1.15%
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 562 249,183 82990 - Other business support service activities not elsewhere classified 180 54,531 99999 - Dormant Company 129 43,384 70229 - Management consultancy activities other than financial management 126 32,624 96090 - Other service activities not elsewhere classified 67 23,532 62020 - Information technology consultancy activities 63 24,894 93199 - Other sports activities 52 3,375 41100 - Development of building projects 39 8,637 62090 - Other information technology service activities 31 12,664 43390 - Other building completion and finishing 27 5,145 68209 - Other letting and operating of own or leased real estate 27 7,507 74990 - Non-trading company 26 14,129 74909 - Other professional, scientific and technical activities not elsewhere classified 26 16,448 45200 - Maintenance and repair of motor vehicles 25 4,684 43999 - Other specialised construction activities not elsewhere classified 24 6,954 49410 - Freight transport by road 23 5,834 47910 - Retail sale via mail order houses or via Internet 22 7,199 62012 - Business and domestic software development 22 8,099 47990 - Other retail sale not in stores, stalls or markets 21 5,186 69201 - Accounting and auditing activities 21 6,591
Recent Companies
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Randomly selected companies from this quarter
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