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
    08970261 JAS INTERIOR DECORATING LIMITED 01 Apr 2014
    08971961 POWELL ACCOUNTANCY SERVICES LIMITED 02 Apr 2014
    08977595 EURO WORKSPACE SYSTEMS LTD 04 Apr 2014
    08977598 EURO WORKSPACE SOLUTIONS LTD 04 Apr 2014
    08986795 AD-LIB TRAINING LIMITED 08 Apr 2014
    08987337 ROBERT HOBSON WEALTH MANAGEMENT LIMITED 09 Apr 2014
    08990868 BRITISH MYANMAR CHAMBER OF COMMERCE LTD 10 Apr 2014
    09012494 KICKSTART YOU LIMITED 25 Apr 2014
    09015855 NAD CONSULTANTS LTD. 29 Apr 2014
    09015986 MINTY STUDIOS LTD 29 Apr 2014
    08974594 ILAMPE LIMITED 02 Apr 2014
    08979811 LJC COMMUNICATIONS LTD 04 Apr 2014
    08989699 9 THE AVENUE RTM COMPANY LTD 10 Apr 2014
    08994291 REVERIE COMPOSITES LIMITED 14 Apr 2014
    08998514 MICHAELS PROPERTY MANAGEMENT LIMITED 15 Apr 2014
    08980685 CLARA ROSE CONSULTANCY LTD 07 Apr 2014
    08983404 ENERGY TARGET MARKETING LTD 07 Apr 2014
    08988966 OUTLINE CLOTHING LIMITED 09 Apr 2014
    08991417 SL SPORTS MASSAGE LIMITED 10 Apr 2014
    08999034 JAMES TODD LTD 15 Apr 2014
    08999432 CARING HOMES (SANDHURST) LIMITED 16 Apr 2014
    09009491 CLOUDFM INTEGRATED SERVICES LTD 24 Apr 2014
    09014216 G@MIFICATION LTD 28 Apr 2014
    09018107 SPINNING PRETTY POLE FITNESS LTD 30 Apr 2014
    09018403 KR CARS LIMITED 30 Apr 2014