Colchester, Essex
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Colchester when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Colchester when compared to any quarter in history.
- February 2014 saw a new record in company registrations in Colchester when compared to any previous February.
- January 2014 saw a new record in company registrations in Colchester when compared to any previous January.
- February 2014 saw a new record in company closures in Colchester when compared to any previous February.
- February 2014 saw a new record in net growth in Colchester when compared to any previous February.
- January 2014 saw a new record in net growth in Colchester when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Colchester when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Colchester when compared to any quarter in history.
A total of 441 companies were registered in Colchester during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 18.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Colchester UK 2014 441 150,722 2013 373 134,802 % change 18.2% 11.8% Record Year 2014 (441) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Colchester when compared to any previous February.
January 2014 saw a new record in company registrations in Colchester when compared to any previous January.
New Companies by Month
January February March New companies in 2014 135 165 141 New companies in 2013 98 122 153 % change 37.8% 35.2% -7.8% Record Year 2014 (135) 2014 (165) 2007 (165)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 222 companies were dissolved in Colchester during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 11.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Colchester UK 2014 222 82,370 2013 251 77,914 % change -11.6% 5.7% Record Year 2009 (291) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Colchester when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 63 80 79 Closed companies in 2013 108 75 68 % change -41.7% 6.7% 16% Record Year 2013 (108) 2014 (80) 2009 (145)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Colchester during the first quarter of 2014 (Jan 2014 - Mar 2014) was 219 companies.
first quarter (Jan 2014 - Mar 2014) Colchester UK 2014 219 68,352 2013 122 56,888 Record Year 2014 (219) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in net growth in Colchester when compared to any previous February.
January 2014 saw a new record in net growth in Colchester when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 72 85 62 Net growth in 2013 -10 47 85 Record Year 2014 (72) 2014 (85) 2007 (120)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Colchester formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Colchester 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1997 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.2% 0.3% 0.3% % change 28.9% 24.9% -23.1% Record Year 1980 (0.5%) 1991 (0.4%) 1998 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 43.2.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Colchester was in 2009 when 34.6% of all directors were female.
31.4% of all director appointments in Colchester in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.11% CONSULTING 5.22% MANAGEMENT 1.38% MANAGEMENT 4.67% CONSULTANCY 1.29% CONSULTANCY 3.49% PROPERTY 1.29% PROPERTY 2.64% ENERGY 1.06% TRADING 2.05% CARE 0.97% LONDON 1.88% PUSH 0.87% ENGINEERING 1.86% DESIGN 0.74% CARE 1.79% COLCHESTER 0.74% CONSTRUCTION 1.75% CONSULTANTS 0.74% DESIGN 1.75% MEDIA 0.69% CONSULTANTS 1.73% ESSEX 0.69% BUSINESS 1.71% J 0.69% PROPERTIES 1.60% HOUSE 0.64% INVESTMENTS 1.60% INVESTMENTS 0.60% GLOBAL 1.58% CONSTRUCTION 0.60% J 1.48% COURT 0.51% ASSOCIATES 1.48% RTM 0.51% MEDIA 1.48% BUSINESS 0.51% IT 1.33% ENGINEERING 0.41% TRANSPORT 1.30% S 0.41% DEVELOPMENTS 1.29% GREEN 0.41% BUILDING 1.24% HEALTHCARE 0.41% M 1.21% CENTRE 0.41% CAPITAL 1.20% HOMES 0.41% ELECTRICAL 1.19%
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 615 280,210 82990 - Other business support service activities not elsewhere classified 155 56,411 99999 - Dormant Company 142 47,084 70229 - Management consultancy activities other than financial management 125 37,882 93199 - Other sports activities 73 3,848 62020 - Information technology consultancy activities 72 27,750 96090 - Other service activities not elsewhere classified 49 26,700 41100 - Development of building projects 40 9,855 74909 - Other professional, scientific and technical activities not elsewhere classified 38 18,491 62090 - Other information technology service activities 37 12,813 43999 - Other specialised construction activities not elsewhere classified 33 8,155 86900 - Other human health activities 31 10,273 43390 - Other building completion and finishing 31 5,521 43220 - Plumbing, heat and air-conditioning installation 28 4,866 45200 - Maintenance and repair of motor vehicles 27 5,130 62012 - Business and domestic software development 26 9,509 98000 - Residents property management 26 4,832 47990 - Other retail sale not in stores, stalls or markets 25 5,988 47910 - Retail sale via mail order houses or via Internet 25 9,358 68209 - Other letting and operating of own or leased real estate 23 9,284
Recent Companies
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Randomly selected companies from this quarter
reports
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