Colchester, Essex
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Colchester when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Colchester when compared to any previous September.
- July 2014 saw a new record in company registrations in Colchester when compared to any previous July.
- July 2014 saw a new record in company closures in Colchester when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Colchester when compared to any previous Q3.
A total of 399 companies were registered in Colchester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 25.5% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Colchester UK 2014 399 143,414 2013 318 132,684 % change 25.5% 8.1% Record Year 2014 (399) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Colchester when compared to any previous September.
July 2014 saw a new record in company registrations in Colchester when compared to any previous July.
New Companies by Month
July August September New companies in 2014 137 125 137 New companies in 2013 109 96 113 % change 25.7% 30.2% 21.2% Record Year 2014 (137) 2011 (128) 2014 (137)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 266 companies were dissolved in Colchester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 32.3% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Colchester UK 2014 266 101,670 2013 201 86,170 % change 32.3% 18.0% Record Year 2009 (292) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Colchester when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 109 61 96 Closed companies in 2013 83 65 53 % change 31.3% -6.2% 81% Record Year 2014 (109) 2008 (147) 2009 (139)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Colchester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 133 companies.
third quarter (Jul 2014 - Sep 2014) Colchester UK 2014 133 41,744 2013 117 46,514 Record Year 2011 (144) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 28 64 41 Net growth in 2013 26 31 60 Record Year 2008 (98) 2002 (71) 2002 (80)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Colchester formed 0.3% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Colchester 2014 0.3% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2002 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.2% 0.2% 0.3% % change 14.2% 24.1% 11.2% Record Year 1991 (0.5%) 1987 (0.6%) 1992 (0.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 43.5.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Colchester was in 2012 when 33.1% of all directors were female.
27.6% of all director appointments in Colchester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.92% CONSULTING 5.17% MANAGEMENT 1.88% MANAGEMENT 4.63% PROPERTY 1.57% CONSULTANCY 3.55% CONSULTANCY 1.27% PROPERTY 2.62% ESSEX 1.00% ENGINEERING 2.07% COLCHESTER 0.96% CONSTRUCTION 2.05% CARE 0.83% TRADING 2.00% DESIGN 0.74% LONDON 1.95% ENERGY 0.70% CARE 1.94% BUSINESS 0.70% TRANSPORT 1.76% HOUSE 0.70% DESIGN 1.70% INVESTMENTS 0.70% CONSULTANTS 1.70% J 0.65% PROPERTIES 1.63% R 0.61% BUSINESS 1.62% ENGINEERING 0.61% J 1.53% CONSTRUCTION 0.52% ELECTRICAL 1.53% CONSULTANTS 0.52% GLOBAL 1.51% TRADING 0.48% INVESTMENTS 1.50% MEDIA 0.48% ASSOCIATES 1.48% TRAINING 0.48% MEDIA 1.38% C 0.48% CO., 1.36% RTM 0.48% DEVELOPMENTS 1.35% ASSOCIATES 0.48% BUILDING 1.30% S 0.39% IT 1.30% CLEANING 0.39% M 1.23%
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 575 278,481 82990 - Other business support service activities not elsewhere classified 173 57,264 99999 - Dormant Company 137 48,286 70229 - Management consultancy activities other than financial management 134 40,717 62020 - Information technology consultancy activities 81 29,313 93199 - Other sports activities 72 4,016 96090 - Other service activities not elsewhere classified 45 28,224 41100 - Development of building projects 40 10,604 74909 - Other professional, scientific and technical activities not elsewhere classified 39 18,890 43999 - Other specialised construction activities not elsewhere classified 37 8,501 86900 - Other human health activities 34 11,807 62090 - Other information technology service activities 31 12,795 56101 - Licensed restaurants 29 8,546 43220 - Plumbing, heat and air-conditioning installation 28 5,083 98000 - Residents property management 27 5,047 47910 - Retail sale via mail order houses or via Internet 26 9,914 35110 - Production of electricity 26 2,374 68209 - Other letting and operating of own or leased real estate 25 10,361 47990 - Other retail sale not in stores, stalls or markets 24 6,327 45200 - Maintenance and repair of motor vehicles 23 5,335
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09117234 MITCHELL RADIOGRAPHY LTD 04 Jul 2014 09117713 SUZZY&CO SERVICES LTD 07 Jul 2014 09120945 MANGO HAIR DESIGN LIMITED 08 Jul 2014 09122145 INFLUX TRAFFIC MANAGEMENT LIMITED 08 Jul 2014 09124752 STICKLAND CONSULTING LTD 10 Jul 2014 09139183 CARDINAL LOFTS (MILL) LIMITED 21 Jul 2014 09139805 NINETI LTD 21 Jul 2014 09143440 LB BUSINESS SOLUTIONS LIMITED 23 Jul 2014 09144431 COLCHESTER MERCURY PRODUCTIONS LTD 23 Jul 2014 09111383 THE BUNKER COLCHESTER LTD 02 Jul 2014 09118721 BRENNAN CONSTRUCTION LTD 07 Jul 2014 09124291 SUTHU LTD 10 Jul 2014 09140132 GAME GOLD TRADINGS LIMITED 21 Jul 2014 09147529 THERAPYTEC LIMITED 25 Jul 2014 09147629 WAFFLER LTD 25 Jul 2014 09112210 ALDRIDGE HR LTD 02 Jul 2014 09113836 LOVE ENGINEERING LIMITED 03 Jul 2014 09122490 J & B ROOFING SOLUTIONS LIMITED 09 Jul 2014 09123238 K A CLEANING LIMITED 09 Jul 2014 09129630 ENGINEERS AND SURVEYORS LIMITED 14 Jul 2014 09131006 THORNAVON LIMITED 15 Jul 2014 09149356 LIFEGALLERY LIMITED 28 Jul 2014 09124295 CASSELBERRY ESTATES LTD 10 Jul 2014 09140037 LA AUTO VALET LTD 21 Jul 2014 09140517 AARKWELL LTD 21 Jul 2014
reports
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