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
    08875402 R & G INSTALLATIONS LTD 04 Feb 2014
    08886217 VAPED LIMITED 11 Feb 2014
    08886901 FLYING 7 LIMITED 11 Feb 2014
    08895301 FAIRY GOD BROTHERS CLEANING LIMITED 14 Feb 2014
    08897126 OGUEGBE CHARLES EMEKA LIMITED 17 Feb 2014
    08901586 BRITISH BURMESE CHAMBER OF COMMERCE LTD 19 Feb 2014
    08907622 EMSER CONSULTING LIMITED 24 Feb 2014
    08911790 MRB TRUCKING LTD 25 Feb 2014
    08911977 ESSEX DRIVESTYLE LIMITED 26 Feb 2014
    08913513 ELAHI LIMITED 26 Feb 2014
    08917661 COUNTER-BALANCE (UK) LIMITED 28 Feb 2014
    08872916 NELSONS DESIGN LTD 03 Feb 2014
    08902938 GREENBRAKE LIMITED 19 Feb 2014
    08903848 CRESTDALE ADMINISTRATION LIMITED 20 Feb 2014
    08906655 JAY CARE MATTERS LTD 21 Feb 2014
    08911732 FINESSE RECRUITMENT AGENCY LTD 25 Feb 2014
    08873611 LIVLIVESHERE LIMITED 03 Feb 2014
    08877500 HOUSE OF CLAY LIMITED 05 Feb 2014
    08893499 UTSUKUSHII BOUTIQUE LTD 13 Feb 2014
    08899578 MSS PERFORMANCE LIMITED 18 Feb 2014
    08876774 OYSTER INVESTMENTS LIMITED 05 Feb 2014
    08879632 SHOP AT GREAT DANES LIMITED 06 Feb 2014
    08880247 EMAN MEDICOS LIMITED 06 Feb 2014
    08884380 SKILLET HILL FARM (HOLDINGS) LTD 10 Feb 2014
    08902395 BST FINANCE LIMITED 19 Feb 2014