Colchester, Essex

Q3 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

  • July 2013 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 2013)

    A total of 318 companies were registered in Colchester during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is a decrease of 5.4% versus the same period last year (Q3 2012). This figure compares badly to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)ColchesterUK
    2013318132,684
    2012336118,868
    % change-5.4%11.6%
    Record Year 2011 (337) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    New Companies by Month
    JulyAugustSeptember
    New companies in 201310996113
    New companies in 2012115114107
    % change-5.2%-15.8%5.6%
    Record Year2003 (128)2011 (128)2003 (118)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 201 companies were dissolved in Colchester during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is a decrease of 10.7% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)ColchesterUK
    201320186,170
    201222575,908
    % change-10.7%13.5%
    Record Year 2009 (292) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013836553
    Closed companies in 2012808065
    % change3.8%-18.8%-18%
    Record Year2013 (83)2008 (147)2009 (139)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Colchester during the third quarter of 2013 (Jul 2013 - Sep 2013) was 117 companies.

    third quarter (Jul 2013 - Sep 2013)ColchesterUK
    201311746,514
    201211142,960
    Record Year 2011 (144) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2013263160
    Net growth in 2012353442
    Record Year2008 (98)2002 (71)2002 (80)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, Colchester formed 0.2% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Colchester
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.2%0.2%0.3%
    UK formation share in 20120.3%0.3%0.3%
    % change-15.1%-22.7%-7.4%
    Record Year1991 (0.5%)1987 (0.6%)1992 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 43.6.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Colchester was in 2012 when 33.1% of all directors were female.

    29.1% of all director appointments in Colchester in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.22%CONSULTING5.27%
    MANAGEMENT1.23%MANAGEMENT4.75%
    ENERGY1.09%CONSULTANCY3.45%
    CARE1.09%PROPERTY2.53%
    CONSULTANCY0.99%TRADING2.08%
    PUSH0.90%ENGINEERING1.83%
    DESIGN0.80%LONDON1.79%
    J0.76%DESIGN1.78%
    CONSULTANTS0.66%BUSINESS1.74%
    COLCHESTER0.61%CONSTRUCTION1.70%
    PROPERTY0.57%CONSULTANTS1.69%
    TRAINING0.57%CARE1.64%
    MEDIA0.57%ASSOCIATES1.61%
    TRADING0.52%GLOBAL1.59%
    CONSTRUCTION0.52%J1.54%
    ELECTRICAL0.52%MEDIA1.54%
    FINANCIAL0.47%INVESTMENTS1.53%
    INVESTMENTS0.47%PROPERTIES1.45%
    ENGINEERING0.47%IT1.39%
    GREEN0.47%M1.25%
    C0.47%ELECTRICAL1.20%
    BUILDING0.47%BUILDING1.19%
    HOUSE0.43%CAPITAL1.19%
    HOME0.43%DEVELOPMENTS1.16%
    P0.38%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied601260,135
    82990 - Other business support service activities not elsewhere classified16254,854
    99999 - Dormant Company14146,169
    70229 - Management consultancy activities other than financial management12834,970
    62020 - Information technology consultancy activities6926,675
    96090 - Other service activities not elsewhere classified6725,547
    93199 - Other sports activities533,654
    41100 - Development of building projects439,271
    74909 - Other professional, scientific and technical activities not elsewhere classified3617,715
    62090 - Other information technology service activities3412,516
    43390 - Other building completion and finishing315,382
    62012 - Business and domestic software development309,104
    43999 - Other specialised construction activities not elsewhere classified307,590
    86900 - Other human health activities279,203
    68209 - Other letting and operating of own or leased real estate278,312
    45200 - Maintenance and repair of motor vehicles274,955
    47990 - Other retail sale not in stores, stalls or markets265,706
    74990 - Non-trading company2214,228
    43220 - Plumbing, heat and air-conditioning installation224,590
    98000 - Residents property management224,680

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08637963 LOVESCARLETT.COM LIMITED 05 Aug 2013
    08648330 QUIBUS MANAGEMENT LTD 13 Aug 2013
    08658349 YONAS CONSULTING LIMITED 20 Aug 2013
    08661487 WEELEY HOLDINGS LIMITED 22 Aug 2013
    08662734 LUX LAW LTD 27 Aug 2013
    08661133 PWC LINE BORING&ENGINEERING LTD 22 Aug 2013
    08663339 LQ DESIGNS (LONDON) LTD 27 Aug 2013
    08669432 A & J BYRNE LTD 30 Aug 2013
    08635325 WREKENTON FISH & CHIPS LTD 02 Aug 2013
    08643044 PIZZA BROS LIMITED 08 Aug 2013
    08655318 PROGRAMME AND CONSULTANCY SERVICES LIMITED 19 Aug 2013
    08662495 OC CARPENTRY LIMITED 23 Aug 2013
    08635288 CAVE DEARMAN LTD 02 Aug 2013
    08640855 QUENCH TRAINING LTD 06 Aug 2013
    08655547 FIX.IT (COMPUTER CONSULTANTS) LTD 19 Aug 2013
    08659815 J & A PAPA LIMITED 21 Aug 2013
    08644494 K T M COMMUNITY SUPPORT 09 Aug 2013
    08634737 PEARLAINE LIMITED 02 Aug 2013
    08642884 SOUND FACTORY DECEASED LTD 08 Aug 2013
    08662957 A ALEXANDER TILING LIMITED 27 Aug 2013
    08634816 COPPIN INTERVENTION SERVICES LIMITED 02 Aug 2013
    08639373 LONDON CLAYWORKS LIMITED 06 Aug 2013
    08643133 MCH HEALTH LTD 08 Aug 2013
    08656306 EASTERN THEORISTS LIMITED 19 Aug 2013
    08659905 LINK TRADING LIMITED 21 Aug 2013