Colchester, Essex
2013 Annual 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
- 2013 was a record year for company registrations in Colchester when compared to any year in history.
- December 2013 saw a new record in company registrations in Colchester when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2013)
2013 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 2013. This total is 0.1% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Colchester UK 2013 1,391 529,363 2012 1,390 491,893 2011 1,300 452,870 2010 1,199 400,358 2009 1,144 362,675 Record Year 2013 (1,391) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 618 companies were formed in Colchester. This figure is 2.2% lower than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Colchester occurred in 2003 when a total of 635 were formed.
Half Year (Jul-Dec) Colchester UK 2013 618 259,931 2012 632 238,743 % change -2.2% 8.9% Record Year 2003 (635) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 300 companies were registered in Colchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 1.4% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Colchester UK 2013 300 127,247 2012 296 119,875 % change 1.4% 6.1% Record Year 2013 (300) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Colchester when compared to any previous December.
New Companies by Month
October November December New companies in 2013 111 95 94 New companies in 2012 111 103 82 % change 0.0% -7.8% 14.6% Record Year 2003 (128) 2011 (109) 2013 (94)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 935 companies were dissolved in Colchester in 2013. This total is 2.6% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Colchester UK 2013 935 332,213 2012 911 293,729 2011 813 314,524 2010 871 342,233 2009 1,185 533,789 Record Year 2009 (1,185) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 457 companies were dissolved in Colchester. This figure is 1.5% lower than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Colchester occurred in 2009 when a total of 499 were closed.
Half Year (Jul-Dec) Colchester UK 2013 457 177,021 2012 464 145,935 % change -1.5% 21.3% Record Year 2009 (499) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 256 companies were dissolved in Colchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 7.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Colchester UK 2013 256 90,851 2012 239 70,027 % change 7.1% 29.7% Record Year 2013 (256) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 95 86 75 Closed companies in 2012 101 87 51 % change -5.9% -1.1% 47% Record Year 2012 (101) 2012 (87) 2011 (76)
Net Company Growth
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Annual Data (2013)
A total of 456 companies were added to the company register for Colchester in 2013. This number represents growth of 32.8% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 23 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Colchester company register grew by 578 companies.
Year Colchester UK 2013 456 197,150 2012 479 198,164 2011 487 138,346 2010 328 58,125 2009 -41 -171,114 Record Year 2007 (578) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Colchester increased by 161 companies.
Half Year (Jul-Dec) Colchester UK 2013 161 82,910 2012 168 92,808 Record Year 2003 (410) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Colchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 44 companies.
fourth quarter (Oct 2013 - Dec 2013) Colchester UK 2013 44 36,396 2012 57 49,848 Record Year 2006 (131) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 16 9 19 Net growth in 2012 10 16 31 Record Year 2003 (100) 2003 (56) 2007 (59)
UK Company Share
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Annual Data (2013)
In 2013 Colchester formed 0.3% of all UK companies. This is no change on 2012 when Colchester was responsible for 0.3% of all UK companies.
Year Colchester 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1997 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Colchester formed 0.2% of all UK companies. This is less than the 2012 figure of 0.3%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Colchester formed 0.2% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Colchester 2013 0.2% 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1987 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.2% 0.2% 0.3% UK formation share in 2012 0.2% 0.2% 0.3% % change -7.1% -9.3% 4.3% Record Year 1987 (0.5%) 1999 (0.4%) 1987 (0.5%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.7.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 43.8.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Colchester was 1986 when 100.0% of all directors were female.
The percentage of female directors in Colchester in 2013 was 28.0%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Colchester was 2004 when 32.4% of all directors were female.
30.9% of all director appointments in Colchester in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Colchester was in 2004 when 34.9% of all directors were female.
32.8% of all director appointments in Colchester in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.09% CONSULTING 5.22% MANAGEMENT 1.33% MANAGEMENT 4.72% CARE 1.19% CONSULTANCY 3.45% ENERGY 1.19% PROPERTY 2.59% PROPERTY 1.14% TRADING 2.08% CONSULTANCY 1.09% ENGINEERING 1.87% PUSH 0.90% LONDON 1.86% DESIGN 0.81% DESIGN 1.76% J 0.81% CONSTRUCTION 1.73% CONSULTANTS 0.66% CARE 1.73% GREEN 0.57% BUSINESS 1.71% ESSEX 0.57% CONSULTANTS 1.68% COLCHESTER 0.57% GLOBAL 1.58% ELECTRICAL 0.52% INVESTMENTS 1.56% CONSTRUCTION 0.52% PROPERTIES 1.54% ENGINEERING 0.52% ASSOCIATES 1.53% MEDIA 0.52% J 1.51% C 0.52% MEDIA 1.50% COURT 0.47% IT 1.35% FINANCIAL 0.47% DEVELOPMENTS 1.23% CENTRE 0.47% M 1.23% INVESTMENTS 0.47% BUILDING 1.21% TRAINING 0.47% ELECTRICAL 1.20% HOUSE 0.43% CAPITAL 1.19% RTM 0.43% ENERGY 1.14%
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 597 266,814 82990 - Other business support service activities not elsewhere classified 154 55,342 99999 - Dormant Company 134 46,762 70229 - Management consultancy activities other than financial management 126 36,164 62020 - Information technology consultancy activities 72 27,183 93199 - Other sports activities 66 3,723 96090 - Other service activities not elsewhere classified 56 26,001 41100 - Development of building projects 41 9,485 74909 - Other professional, scientific and technical activities not elsewhere classified 38 18,034 62090 - Other information technology service activities 38 12,511 43390 - Other building completion and finishing 30 5,405 43999 - Other specialised construction activities not elsewhere classified 28 7,823 86900 - Other human health activities 28 9,543 47910 - Retail sale via mail order houses or via Internet 27 8,879 62012 - Business and domestic software development 27 9,360 98000 - Residents property management 26 4,710 45200 - Maintenance and repair of motor vehicles 26 4,987 68209 - Other letting and operating of own or leased real estate 25 8,733 47990 - Other retail sale not in stores, stalls or markets 25 5,800 43220 - Plumbing, heat and air-conditioning installation 21 4,687
Recent Companies
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Randomly selected companies from this quarter
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