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

  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 (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)ColchesterUK
    2014399143,414
    2013318132,684
    % change25.5%8.1%
    Record Year 2014 (399) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014137125137
    New companies in 201310996113
    % change25.7%30.2%21.2%
    Record Year2014 (137)2011 (128)2014 (137)

Closed Companies (dissolved)

  1. 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)ColchesterUK
    2014266101,670
    201320186,170
    % change32.3%18.0%
    Record Year 2009 (292) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 20141096196
    Closed companies in 2013836553
    % change31.3%-6.2%81%
    Record Year2014 (109)2008 (147)2009 (139)

Net Company Growth

  1. 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)ColchesterUK
    201413341,744
    201311746,514
    Record Year 2011 (144) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014286441
    Net growth in 2013263160
    Record Year2008 (98)2002 (71)2002 (80)

UK Company Share

  1. 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
    20140.3%
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.2%0.2%0.3%
    % change14.2%24.1%11.2%
    Record Year1991 (0.5%)1987 (0.6%)1992 (0.4%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.92%CONSULTING5.17%
    MANAGEMENT1.88%MANAGEMENT4.63%
    PROPERTY1.57%CONSULTANCY3.55%
    CONSULTANCY1.27%PROPERTY2.62%
    ESSEX1.00%ENGINEERING2.07%
    COLCHESTER0.96%CONSTRUCTION2.05%
    CARE0.83%TRADING2.00%
    DESIGN0.74%LONDON1.95%
    ENERGY0.70%CARE1.94%
    BUSINESS0.70%TRANSPORT1.76%
    HOUSE0.70%DESIGN1.70%
    INVESTMENTS0.70%CONSULTANTS1.70%
    J0.65%PROPERTIES1.63%
    R0.61%BUSINESS1.62%
    ENGINEERING0.61%J1.53%
    CONSTRUCTION0.52%ELECTRICAL1.53%
    CONSULTANTS0.52%GLOBAL1.51%
    TRADING0.48%INVESTMENTS1.50%
    MEDIA0.48%ASSOCIATES1.48%
    TRAINING0.48%MEDIA1.38%
    C0.48%CO.,1.36%
    RTM0.48%DEVELOPMENTS1.35%
    ASSOCIATES0.48%BUILDING1.30%
    S0.39%IT1.30%
    CLEANING0.39%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied575278,481
    82990 - Other business support service activities not elsewhere classified17357,264
    99999 - Dormant Company13748,286
    70229 - Management consultancy activities other than financial management13440,717
    62020 - Information technology consultancy activities8129,313
    93199 - Other sports activities724,016
    96090 - Other service activities not elsewhere classified4528,224
    41100 - Development of building projects4010,604
    74909 - Other professional, scientific and technical activities not elsewhere classified3918,890
    43999 - Other specialised construction activities not elsewhere classified378,501
    86900 - Other human health activities3411,807
    62090 - Other information technology service activities3112,795
    56101 - Licensed restaurants298,546
    43220 - Plumbing, heat and air-conditioning installation285,083
    98000 - Residents property management275,047
    47910 - Retail sale via mail order houses or via Internet269,914
    35110 - Production of electricity262,374
    68209 - Other letting and operating of own or leased real estate2510,361
    47990 - Other retail sale not in stores, stalls or markets246,327
    45200 - Maintenance and repair of motor vehicles235,335

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09215734 WAKEFIELD HAIR & BEAUTY LIMITED 12 Sep 2014
    09218995 HOWLADER LIMITED 15 Sep 2014
    09222555 MANGANGA PRODUCTIONS LTD 17 Sep 2014
    09226016 DAN MANLEY LIMITED 19 Sep 2014
    09230428 THE KITCHEN & BATHROOM STORE LTD 23 Sep 2014
    09197752 ITFIN CONSULTING LIMITED 01 Sep 2014
    09218408 THE BIT UK WEBSITE LIMITED 15 Sep 2014
    09223837 CREATIVETRANS LTD 18 Sep 2014
    09225828 POWER MANAGEMENT DESIGN & BUILD LIMITED 19 Sep 2014
    09231803 GOLDEN MOTORS LIMITED 23 Sep 2014
    09234803 DRIVER HIRE ESSEX LTD 25 Sep 2014
    09202064 DRAKE & DRAKE ASSOCIATES LIMITED 03 Sep 2014
    09207205 ESSEX GROUNDWORKS LIMITED 08 Sep 2014
    09225465 AJ'S HAIR & BEAUTY LIMITED 18 Sep 2014
    09230956 KIADIAMOND LTD 23 Sep 2014
    09237003 ASHCOURT LANDSCAPING AND PROPERTY MAINTENANCE LTD 26 Sep 2014
    09241443 TBX CLUB LTD 30 Sep 2014
    09204174 GILLY DESIGN LTD 04 Sep 2014
    09219392 CLEMFRED LTD 15 Sep 2014
    09220461 AFC LEGAL LIMITED 16 Sep 2014
    09223585 BUSINESS HOLISTICS LIMITED 17 Sep 2014
    09224606 EJN CONSTRUCTION LTD 18 Sep 2014
    09224737 SAMUEL SINES LIMITED 18 Sep 2014
    09203399 ABBERTON BUSINESS PARK LTD 04 Sep 2014
    09208186 FIRS CHASE 1959 LIMITED 08 Sep 2014