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

  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 (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)ColchesterUK
    2014441150,722
    2013373134,802
    % change18.2%11.8%
    Record Year 2014 (441) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014135165141
    New companies in 201398122153
    % change37.8%35.2%-7.8%
    Record Year2014 (135)2014 (165)2007 (165)

Closed Companies (dissolved)

  1. 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)ColchesterUK
    201422282,370
    201325177,914
    % change-11.6%5.7%
    Record Year 2009 (291) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2014638079
    Closed companies in 20131087568
    % change-41.7%6.7%16%
    Record Year2013 (108)2014 (80)2009 (145)

Net Company Growth

  1. 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)ColchesterUK
    201421968,352
    201312256,888
    Record Year 2014 (219) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014728562
    Net growth in 2013-104785
    Record Year2014 (72)2014 (85)2007 (120)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.2%0.3%0.3%
    % change28.9%24.9%-23.1%
    Record Year1980 (0.5%)1991 (0.4%)1998 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.11%CONSULTING5.22%
    MANAGEMENT1.38%MANAGEMENT4.67%
    CONSULTANCY1.29%CONSULTANCY3.49%
    PROPERTY1.29%PROPERTY2.64%
    ENERGY1.06%TRADING2.05%
    CARE0.97%LONDON1.88%
    PUSH0.87%ENGINEERING1.86%
    DESIGN0.74%CARE1.79%
    COLCHESTER0.74%CONSTRUCTION1.75%
    CONSULTANTS0.74%DESIGN1.75%
    MEDIA0.69%CONSULTANTS1.73%
    ESSEX0.69%BUSINESS1.71%
    J0.69%PROPERTIES1.60%
    HOUSE0.64%INVESTMENTS1.60%
    INVESTMENTS0.60%GLOBAL1.58%
    CONSTRUCTION0.60%J1.48%
    COURT0.51%ASSOCIATES1.48%
    RTM0.51%MEDIA1.48%
    BUSINESS0.51%IT1.33%
    ENGINEERING0.41%TRANSPORT1.30%
    S0.41%DEVELOPMENTS1.29%
    GREEN0.41%BUILDING1.24%
    HEALTHCARE0.41%M1.21%
    CENTRE0.41%CAPITAL1.20%
    HOMES0.41%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied615280,210
    82990 - Other business support service activities not elsewhere classified15556,411
    99999 - Dormant Company14247,084
    70229 - Management consultancy activities other than financial management12537,882
    93199 - Other sports activities733,848
    62020 - Information technology consultancy activities7227,750
    96090 - Other service activities not elsewhere classified4926,700
    41100 - Development of building projects409,855
    74909 - Other professional, scientific and technical activities not elsewhere classified3818,491
    62090 - Other information technology service activities3712,813
    43999 - Other specialised construction activities not elsewhere classified338,155
    86900 - Other human health activities3110,273
    43390 - Other building completion and finishing315,521
    43220 - Plumbing, heat and air-conditioning installation284,866
    45200 - Maintenance and repair of motor vehicles275,130
    62012 - Business and domestic software development269,509
    98000 - Residents property management264,832
    47990 - Other retail sale not in stores, stalls or markets255,988
    47910 - Retail sale via mail order houses or via Internet259,358
    68209 - Other letting and operating of own or leased real estate239,284

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08839433 AESTHETICO DECORATIVE ARTS LIMITED 10 Jan 2014
    08855550 MTS MARKETING LTD 22 Jan 2014
    08861931 CHATTERIS KENSINGTON LIMITED 27 Jan 2014
    08865980 DMC PRODUCTIONS LIMITED 28 Jan 2014
    08870250 WEBLEISURE LIMITED 30 Jan 2014
    08847504 RIGO INVESTMENTS LTD 16 Jan 2014
    08849819 BAWZGAMING LTD 17 Jan 2014
    08855021 32-43 MARINE HOUSE RTM COMPANY LTD 21 Jan 2014
    08862531 TINGHE INTER LTD 27 Jan 2014
    08845844 RENDAHOUSE LIMITED 15 Jan 2014
    08851140 WARJ LIMITED 20 Jan 2014
    08831369 SHARQ CONTROLLERS LTD 03 Jan 2014
    08834539 GREEN SPARK BIOENERGY CONSULTANCY LIMITED 07 Jan 2014
    08843281 GECKO ESTATE AGENTS LTD 13 Jan 2014
    08844721 THE FUT SHOP.COM LTD 14 Jan 2014
    08853588 LEE STILES ROOFING LIMITED 21 Jan 2014
    08843964 SHELLEY 1968 LIMITED 14 Jan 2014
    08847650 ECHOPLEX CONSULTING LIMITED 16 Jan 2014
    08859172 JAMES FREE LIMITED 23 Jan 2014
    08859314 GUY PATTERSON CONSULTING LIMITED 23 Jan 2014
    08863300 EMERGENCY MEDICAL RECRUITMENT LTD 27 Jan 2014
    08866439 THINKSAY CREATIVE COMMUNICATIONS LTD 29 Jan 2014
    08871774 MERSEA CARS LIMITED 31 Jan 2014
    08841068 PW ORCHID ROOMS LIMITED 10 Jan 2014
    08851005 WORLD ANALYSIS LTD 17 Jan 2014