Colchester, Essex

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Colchester when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Colchester when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Colchester when compared to any previous Q2.
  • May 2014 saw a new record in company registrations in Colchester when compared to any previous May.
  • April 2014 saw a new record in company registrations in Colchester when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Colchester when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Colchester when compared to any half year in history.

    In the first half of 2014 a total of 856 companies were formed in Colchester. This figure is 10.7% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Colchester occurred in 2014 when a total of 856 were formed.

    Half Year (Jan-Jun)ColchesterUK
    2014856300,731
    2013773269,432
    % change10.7%11.6%
    Record Year2014 (856)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Colchester when compared to any previous Q2.

    A total of 415 companies were registered in Colchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 3.8% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ColchesterUK
    2014415150,009
    2013400134,630
    % change3.8%11.4%
    Record Year 2014 (415) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in Colchester when compared to any previous May.

    April 2014 saw a new record in company registrations in Colchester when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014140137138
    New companies in 2013136115149
    % change2.9%19.1%-7.4%
    Record Year2014 (140)2014 (137)2013 (149)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 495 companies were dissolved in Colchester. This figure is 3.6% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Colchester occurred in 2009 when a total of 686 were closed.

    Half Year (Jan-Jun)ColchesterUK
    2014495177,207
    2013478155,192
    % change3.6%14.2%
    Record Year2009 (686)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 273 companies were dissolved in Colchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 20.3% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ColchesterUK
    201427394,837
    201322777,278
    % change20.3%22.7%
    Record Year 2009 (395) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20147612275
    Closed companies in 2013816185
    % change-6.2%100.0%-12%
    Record Year2009 (97)2009 (213)2012 (101)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Colchester increased by 361 companies.

    Half Year (Jan-Jun)ColchesterUK
    2014361123,524
    2013295114,240
    Record Year2007 (371)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Colchester during the second quarter of 2014 (Apr 2014 - Jun 2014) was 142 companies.

    second quarter (Apr 2014 - Jun 2014)ColchesterUK
    201414255,172
    201317357,352
    Record Year 2013 (173) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014641563
    Net growth in 2013555464
    Record Year1997 (117)2006 (60)2008 (74)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Colchester formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.

    Half Year (Jan-Jun)Colchester
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Colchester formed 0.3% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Colchester
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1997 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.3%0.4%
    % change-7.2%10.0%-19.8%
    Record Year1997 (0.6%)1997 (0.5%)2002 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.0.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.8.

    The percentage of directors under the age of 25 was 5.4% 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 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Colchester was 2008 when 33.8% of all directors were female.

    30.0% of all director appointments in Colchester in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Colchester was in 2008 when 33.9% of all directors were female.

    28.5% of all director appointments in Colchester in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.77%CONSULTING5.16%
    MANAGEMENT1.77%MANAGEMENT4.64%
    PROPERTY1.54%CONSULTANCY3.50%
    CONSULTANCY1.40%PROPERTY2.66%
    CARE0.91%TRADING2.03%
    ESSEX0.86%ENGINEERING1.99%
    CONSULTANTS0.77%CONSTRUCTION1.93%
    ENERGY0.72%LONDON1.93%
    COLCHESTER0.72%CARE1.85%
    J0.72%DESIGN1.75%
    MEDIA0.68%CONSULTANTS1.73%
    INVESTMENTS0.68%BUSINESS1.69%
    CONSTRUCTION0.63%PROPERTIES1.63%
    HOUSE0.63%TRANSPORT1.58%
    TRAINING0.54%GLOBAL1.55%
    DESIGN0.54%INVESTMENTS1.55%
    BUSINESS0.54%J1.51%
    TECHNOLOGIES0.50%ASSOCIATES1.48%
    ASSOCIATES0.50%MEDIA1.44%
    RTM0.50%ELECTRICAL1.40%
    C0.45%IT1.33%
    R0.45%DEVELOPMENTS1.33%
    PUSH0.45%BUILDING1.26%
    HOME0.45%M1.24%
    TRADING0.41%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied571261,557
    82990 - Other business support service activities not elsewhere classified16657,421
    99999 - Dormant Company14248,436
    70229 - Management consultancy activities other than financial management13440,250
    93199 - Other sports activities754,027
    62020 - Information technology consultancy activities7529,029
    96090 - Other service activities not elsewhere classified4928,352
    41100 - Development of building projects4610,527
    62090 - Other information technology service activities3813,024
    74909 - Other professional, scientific and technical activities not elsewhere classified3819,058
    86900 - Other human health activities3711,292
    43999 - Other specialised construction activities not elsewhere classified358,533
    43220 - Plumbing, heat and air-conditioning installation305,075
    98000 - Residents property management305,046
    68209 - Other letting and operating of own or leased real estate2910,133
    47910 - Retail sale via mail order houses or via Internet279,900
    47990 - Other retail sale not in stores, stalls or markets276,286
    43390 - Other building completion and finishing275,855
    56101 - Licensed restaurants268,585
    45200 - Maintenance and repair of motor vehicles255,375

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09081710 P B BUILDING SOLUTIONS LIMITED 11 Jun 2014
    09097895 CORE HEATING LIMITED 23 Jun 2014
    09070825 RED L1GHT LIMITED 04 Jun 2014
    09091719 MAROON CRESCENT LTD 18 Jun 2014
    09092062 IVALCO LIMITED 18 Jun 2014
    09094921 NEST INVESTMENTS LIMITED 20 Jun 2014
    09098576 29-39 (ODDS) BRITTEN CLOSE RTM COMPANY LIMITED 23 Jun 2014
    09106694 HSEC CONTRACTORS LTD 30 Jun 2014
    09079589 SEW HAPPYDASHERY LTD 10 Jun 2014
    09080997 CROUCH STREET LIMITED 11 Jun 2014
    09087272 LOAN SCANNER LTD 16 Jun 2014
    09088283 JH MEDIA LIMITED 16 Jun 2014
    09090129 MELANIE POTTER HANDMADE CURTAINS LTD 17 Jun 2014
    09104190 DUNMOW TRAVEL LIMITED 26 Jun 2014
    OC394009 EXTREME BALANCE LLP 30 Jun 2014
    09066877 INDUSTRIAL TECHNIC LIMITED 02 Jun 2014
    09067993 WOOFS AND WIGGLES DOG DAYCARE LTD 03 Jun 2014
    09071748 GMP PLANT LIMITED 05 Jun 2014
    09073826 OMNIA HOME SURVEYS LTD 05 Jun 2014
    09082278 LUJAM SECURITY LTD 11 Jun 2014
    09103020 WESTCLIFF ASSOCIATES LIMITED 25 Jun 2014
    09081439 KINGYM APPAREL LTD 11 Jun 2014
    09085713 TREV CONSULTANCY LIMITED 13 Jun 2014
    09087990 FLORASTINA LIMITED 16 Jun 2014
    09092802 AUTOSHINE TIPTREE LTD 19 Jun 2014