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
New Company Registrations
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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) Colchester UK 2013 318 132,684 2012 336 118,868 % change -5.4% 11.6% Record Year 2011 (337) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
New Companies by Month
July August September New companies in 2013 109 96 113 New companies in 2012 115 114 107 % change -5.2% -15.8% 5.6% Record Year 2003 (128) 2011 (128) 2003 (118)
Closed Companies (dissolved)
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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) Colchester UK 2013 201 86,170 2012 225 75,908 % change -10.7% 13.5% Record Year 2009 (292) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2013 83 65 53 Closed companies in 2012 80 80 65 % change 3.8% -18.8% -18% Record Year 2013 (83) 2008 (147) 2009 (139)
Net Company Growth
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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) Colchester UK 2013 117 46,514 2012 111 42,960 Record Year 2011 (144) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 26 31 60 Net growth in 2012 35 34 42 Record Year 2008 (98) 2002 (71) 2002 (80)
UK Company Share
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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 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 2002 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.2% 0.2% 0.3% UK formation share in 2012 0.3% 0.3% 0.3% % change -15.1% -22.7% -7.4% Record Year 1991 (0.5%) 1987 (0.6%) 1992 (0.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.22% CONSULTING 5.27% MANAGEMENT 1.23% MANAGEMENT 4.75% ENERGY 1.09% CONSULTANCY 3.45% CARE 1.09% PROPERTY 2.53% CONSULTANCY 0.99% TRADING 2.08% PUSH 0.90% ENGINEERING 1.83% DESIGN 0.80% LONDON 1.79% J 0.76% DESIGN 1.78% CONSULTANTS 0.66% BUSINESS 1.74% COLCHESTER 0.61% CONSTRUCTION 1.70% PROPERTY 0.57% CONSULTANTS 1.69% TRAINING 0.57% CARE 1.64% MEDIA 0.57% ASSOCIATES 1.61% TRADING 0.52% GLOBAL 1.59% CONSTRUCTION 0.52% J 1.54% ELECTRICAL 0.52% MEDIA 1.54% FINANCIAL 0.47% INVESTMENTS 1.53% INVESTMENTS 0.47% PROPERTIES 1.45% ENGINEERING 0.47% IT 1.39% GREEN 0.47% M 1.25% C 0.47% ELECTRICAL 1.20% BUILDING 0.47% BUILDING 1.19% HOUSE 0.43% CAPITAL 1.19% HOME 0.43% DEVELOPMENTS 1.16% P 0.38% TRAINING 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 601 260,135 82990 - Other business support service activities not elsewhere classified 162 54,854 99999 - Dormant Company 141 46,169 70229 - Management consultancy activities other than financial management 128 34,970 62020 - Information technology consultancy activities 69 26,675 96090 - Other service activities not elsewhere classified 67 25,547 93199 - Other sports activities 53 3,654 41100 - Development of building projects 43 9,271 74909 - Other professional, scientific and technical activities not elsewhere classified 36 17,715 62090 - Other information technology service activities 34 12,516 43390 - Other building completion and finishing 31 5,382 62012 - Business and domestic software development 30 9,104 43999 - Other specialised construction activities not elsewhere classified 30 7,590 86900 - Other human health activities 27 9,203 68209 - Other letting and operating of own or leased real estate 27 8,312 45200 - Maintenance and repair of motor vehicles 27 4,955 47990 - Other retail sale not in stores, stalls or markets 26 5,706 74990 - Non-trading company 22 14,228 43220 - Plumbing, heat and air-conditioning installation 22 4,590 98000 - Residents property management 22 4,680
Recent Companies
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Randomly selected companies from this quarter
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