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

  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. 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.

    YearColchesterUK
    20131,391529,363
    20121,390491,893
    20111,300452,870
    20101,199400,358
    20091,144362,675
    Record Year2013 (1,391)2013 (529,363)
    New Companies by Year
  2. 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)ColchesterUK
    2013618259,931
    2012632238,743
    % change-2.2%8.9%
    Record Year2003 (635)2013 (259,931)
    New Companies by Half Year
  3. 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)ColchesterUK
    2013300127,247
    2012296119,875
    % change1.4%6.1%
    Record Year 2013 (300) 2013 (127,247)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 20131119594
    New companies in 201211110382
    % change0.0%-7.8%14.6%
    Record Year2003 (128)2011 (109)2013 (94)

Closed Companies (dissolved)

  1. 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.

    YearColchesterUK
    2013935332,213
    2012911293,729
    2011813314,524
    2010871342,233
    20091,185533,789
    Record Year2009 (1,185)2009 (533,789)
    Dissolved Companies by Year
  2. 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)ColchesterUK
    2013457177,021
    2012464145,935
    % change-1.5%21.3%
    Record Year2009 (499)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)ColchesterUK
    201325690,851
    201223970,027
    % change7.1%29.7%
    Record Year 2013 (256) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013958675
    Closed companies in 20121018751
    % change-5.9%-1.1%47%
    Record Year2012 (101)2012 (87)2011 (76)

Net Company Growth

  1. 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.

    YearColchesterUK
    2013456197,150
    2012479198,164
    2011487138,346
    201032858,125
    2009-41-171,114
    Record Year2007 (578)2007 (237,353)
    Net Growth by Year
  2. 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)ColchesterUK
    201316182,910
    201216892,808
    Record Year2003 (410)2003 (117,772)
    Net Growth by Half Year
  3. 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)ColchesterUK
    20134436,396
    20125749,848
    Record Year 2006 (131) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201316919
    Net growth in 2012101631
    Record Year2003 (100)2003 (56)2007 (59)

UK Company Share

  1. 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.

    YearColchester
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960)1997 (0.4%)
    Company Share by Year
  2. 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
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Half Year
  3. 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
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 1987 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.2%0.3%
    UK formation share in 20120.2%0.2%0.3%
    % change-7.1%-9.3%4.3%
    Record Year1987 (0.5%)1999 (0.4%)1987 (0.5%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.09%CONSULTING5.22%
    MANAGEMENT1.33%MANAGEMENT4.72%
    CARE1.19%CONSULTANCY3.45%
    ENERGY1.19%PROPERTY2.59%
    PROPERTY1.14%TRADING2.08%
    CONSULTANCY1.09%ENGINEERING1.87%
    PUSH0.90%LONDON1.86%
    DESIGN0.81%DESIGN1.76%
    J0.81%CONSTRUCTION1.73%
    CONSULTANTS0.66%CARE1.73%
    GREEN0.57%BUSINESS1.71%
    ESSEX0.57%CONSULTANTS1.68%
    COLCHESTER0.57%GLOBAL1.58%
    ELECTRICAL0.52%INVESTMENTS1.56%
    CONSTRUCTION0.52%PROPERTIES1.54%
    ENGINEERING0.52%ASSOCIATES1.53%
    MEDIA0.52%J1.51%
    C0.52%MEDIA1.50%
    COURT0.47%IT1.35%
    FINANCIAL0.47%DEVELOPMENTS1.23%
    CENTRE0.47%M1.23%
    INVESTMENTS0.47%BUILDING1.21%
    TRAINING0.47%ELECTRICAL1.20%
    HOUSE0.43%CAPITAL1.19%
    RTM0.43%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied597266,814
    82990 - Other business support service activities not elsewhere classified15455,342
    99999 - Dormant Company13446,762
    70229 - Management consultancy activities other than financial management12636,164
    62020 - Information technology consultancy activities7227,183
    93199 - Other sports activities663,723
    96090 - Other service activities not elsewhere classified5626,001
    41100 - Development of building projects419,485
    74909 - Other professional, scientific and technical activities not elsewhere classified3818,034
    62090 - Other information technology service activities3812,511
    43390 - Other building completion and finishing305,405
    43999 - Other specialised construction activities not elsewhere classified287,823
    86900 - Other human health activities289,543
    47910 - Retail sale via mail order houses or via Internet278,879
    62012 - Business and domestic software development279,360
    98000 - Residents property management264,710
    45200 - Maintenance and repair of motor vehicles264,987
    68209 - Other letting and operating of own or leased real estate258,733
    47990 - Other retail sale not in stores, stalls or markets255,800
    43220 - Plumbing, heat and air-conditioning installation214,687

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08779939 OXLEY DEANSTON LIMITED 18 Nov 2013
    08779943 OXLEY WHARF PROPERTY 7 LIMITED 18 Nov 2013
    08792536 RAW NIBBLES LIMITED 27 Nov 2013
    08793025 OXLEY WHARF PROPERTY 1 LIMITED 27 Nov 2013
    08794360 PET'S UP PRODUCTS LIMITED 28 Nov 2013
    08766454 ONE BIG IDEA LIMITED 07 Nov 2013
    08764791 DECORUS PEOPLE LTD 06 Nov 2013
    08768945 RTB RAIL LTD 11 Nov 2013
    08772352 HOME HELP ASSISTANCE LTD 12 Nov 2013
    08777809 COL B LTD 15 Nov 2013
    08785783 GRAPHICE LIMITED 21 Nov 2013
    08759887 EMONEYUK LTD 04 Nov 2013
    08767198 ECOMAX ENERGY LTD 08 Nov 2013
    08769845 LARCH COMMUNICATIONS LIMITED 11 Nov 2013
    08780370 DCL DEV LIMITED 18 Nov 2013
    08786777 ENERGYPEOPLE SERVICES LIMITED 22 Nov 2013
    08796814 TRAIN REFUNDS LIMITED 29 Nov 2013
    08758560 CAMDEN DRUM AND PERCUSSION COMPANY LIMITED 01 Nov 2013
    08789978 GREATCOAT LTD 26 Nov 2013
    08763848 CARE ACTIVITIES LIMITED 06 Nov 2013
    08776076 MICHAELS PROPERTY CONSULTANTS LIMITED 14 Nov 2013
    08781160 ADIA PR LTD 19 Nov 2013
    08781956 ESSEX CARE CONSORTIUM (FORDHAM) LIMITED 19 Nov 2013
    08783955 GREENTEC LTD 20 Nov 2013
    08773517 HARP COMMERCIAL INTERIORS LIMITED 13 Nov 2013