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
New Company Registrations
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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) Colchester UK 2014 856 300,731 2013 773 269,432 % change 10.7% 11.6% Record Year 2014 (856) 2014 (300,731) New Companies by Half Year
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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) Colchester UK 2014 415 150,009 2013 400 134,630 % change 3.8% 11.4% Record Year 2014 (415) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 140 137 138 New companies in 2013 136 115 149 % change 2.9% 19.1% -7.4% Record Year 2014 (140) 2014 (137) 2013 (149)
Closed Companies (dissolved)
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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) Colchester UK 2014 495 177,207 2013 478 155,192 % change 3.6% 14.2% Record Year 2009 (686) 2009 (289,245) Dissolved Companies by Half Year
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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) Colchester UK 2014 273 94,837 2013 227 77,278 % change 20.3% 22.7% Record Year 2009 (395) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 76 122 75 Closed companies in 2013 81 61 85 % change -6.2% 100.0% -12% Record Year 2009 (97) 2009 (213) 2012 (101)
Net Company Growth
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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) Colchester UK 2014 361 123,524 2013 295 114,240 Record Year 2007 (371) 2007 (171,296) Net Growth by Half Year
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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) Colchester UK 2014 142 55,172 2013 173 57,352 Record Year 2013 (173) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 64 15 63 Net growth in 2013 55 54 64 Record Year 1997 (117) 2006 (60) 2008 (74)
UK Company Share
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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 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 Half Year
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1997 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.4% % change -7.2% 10.0% -19.8% Record Year 1997 (0.6%) 1997 (0.5%) 2002 (0.4%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.77% CONSULTING 5.16% MANAGEMENT 1.77% MANAGEMENT 4.64% PROPERTY 1.54% CONSULTANCY 3.50% CONSULTANCY 1.40% PROPERTY 2.66% CARE 0.91% TRADING 2.03% ESSEX 0.86% ENGINEERING 1.99% CONSULTANTS 0.77% CONSTRUCTION 1.93% ENERGY 0.72% LONDON 1.93% COLCHESTER 0.72% CARE 1.85% J 0.72% DESIGN 1.75% MEDIA 0.68% CONSULTANTS 1.73% INVESTMENTS 0.68% BUSINESS 1.69% CONSTRUCTION 0.63% PROPERTIES 1.63% HOUSE 0.63% TRANSPORT 1.58% TRAINING 0.54% GLOBAL 1.55% DESIGN 0.54% INVESTMENTS 1.55% BUSINESS 0.54% J 1.51% TECHNOLOGIES 0.50% ASSOCIATES 1.48% ASSOCIATES 0.50% MEDIA 1.44% RTM 0.50% ELECTRICAL 1.40% C 0.45% IT 1.33% R 0.45% DEVELOPMENTS 1.33% PUSH 0.45% BUILDING 1.26% HOME 0.45% M 1.24% TRADING 0.41% CO., 1.20%
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 571 261,557 82990 - Other business support service activities not elsewhere classified 166 57,421 99999 - Dormant Company 142 48,436 70229 - Management consultancy activities other than financial management 134 40,250 93199 - Other sports activities 75 4,027 62020 - Information technology consultancy activities 75 29,029 96090 - Other service activities not elsewhere classified 49 28,352 41100 - Development of building projects 46 10,527 62090 - Other information technology service activities 38 13,024 74909 - Other professional, scientific and technical activities not elsewhere classified 38 19,058 86900 - Other human health activities 37 11,292 43999 - Other specialised construction activities not elsewhere classified 35 8,533 43220 - Plumbing, heat and air-conditioning installation 30 5,075 98000 - Residents property management 30 5,046 68209 - Other letting and operating of own or leased real estate 29 10,133 47910 - Retail sale via mail order houses or via Internet 27 9,900 47990 - Other retail sale not in stores, stalls or markets 27 6,286 43390 - Other building completion and finishing 27 5,855 56101 - Licensed restaurants 26 8,585 45200 - Maintenance and repair of motor vehicles 25 5,375
Recent Companies
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Randomly selected companies from this quarter
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