Colchester, Essex

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Colchester when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Colchester when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Colchester when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Colchester when compared to any previous December.
  • November 2014 saw a new record in company registrations in Colchester when compared to any previous November.
  • October 2014 saw a new record in company registrations in Colchester when compared to any previous October.
  • The second half of 2014 saw a new record in company closures in Colchester when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Colchester when compared to any previous December.

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. Annual Data (2014)

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

    A total of 1,620 companies were formed in Colchester in 2014. This total is 16.5% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearColchesterUK
    20141,620582,051
    20131,391529,363
    20121,390491,893
    20111,300452,870
    20101,199400,358
    Record Year2014 (1,620)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 764 companies were formed in Colchester. This figure is 23.6% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Colchester occurred in 2014 when a total of 764 were formed.

    Half Year (Jul-Dec)ColchesterUK
    2014764281,320
    2013618259,931
    % change23.6%8.2%
    Record Year2014 (764)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Colchester when compared to any previous Q4.

    A total of 365 companies were registered in Colchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 21.7% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ColchesterUK
    2014365137,906
    2013300127,247
    % change21.7%8.4%
    Record Year 2014 (365) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014145116104
    New companies in 20131119594
    % change30.6%22.1%10.6%
    Record Year2014 (145)2014 (116)2014 (104)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,013 companies were dissolved in Colchester in 2014. This total is 8.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearColchesterUK
    20141,013367,937
    2013935332,213
    2012911293,729
    2011813314,524
    2010871342,233
    Record Year2009 (1,185)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 518 companies were dissolved in Colchester. This figure is 13.3% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Colchester occurred in 2014 when a total of 518 were closed.

    Half Year (Jul-Dec)ColchesterUK
    2014518190,730
    2013457177,021
    % change13.3%7.7%
    Record Year2014 (518)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 252 companies were dissolved in Colchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 1.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ColchesterUK
    201425289,060
    201325690,851
    % change-1.6%-2.0%
    Record Year 2013 (256) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Colchester when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20146686100
    Closed companies in 2013958675
    % change-30.5%0.0%33%
    Record Year2012 (101)2012 (87)2014 (100)

Net Company Growth

  1. Annual Data (2014)

    A total of 607 companies were added to the company register for Colchester in 2014. This number represents growth of 37.5% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 151 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Colchester company register grew by 607 companies.

    YearColchesterUK
    2014607214,114
    2013456197,150
    2012479198,164
    2011487138,346
    201032858,125
    Record Year2014 (607)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Colchester increased by 246 companies.

    Half Year (Jul-Dec)ColchesterUK
    201424690,590
    201316182,910
    Record Year2003 (410)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Colchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 113 companies.

    fourth quarter (Oct 2014 - Dec 2014)ColchesterUK
    201411348,846
    20134436,396
    Record Year 2006 (131) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201479304
    Net growth in 201316919
    Record Year2003 (100)2003 (56)2007 (59)

UK Company Share

  1. Annual Data (2014)

    In 2014 Colchester formed 0.3% of all UK companies. This is no change on 2013 when Colchester was responsible for 0.3% of all UK companies.

    YearColchester
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960)1997 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Colchester formed 0.3% of all UK companies. This is more than the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Colchester
    20140.3%
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Colchester
    20140.3%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 1987 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.2%0.2%0.3%
    % change24.3%15.9%-5.3%
    Record Year1987 (0.5%)1999 (0.4%)1987 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.9.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.8.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 44.2.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Colchester was 1981 when 100.0% of all directors were female.

    The percentage of female directors in Colchester in 2014 was 29.2%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Colchester was 2012 when 31.9% of all directors were female.

    28.3% of all director appointments in Colchester in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Colchester was in 2013 when 32.8% of all directors were female.

    29.0% of all director appointments in Colchester in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.91%CONSULTING5.22%
    MANAGEMENT1.62%MANAGEMENT4.58%
    CONSULTANCY1.37%CONSULTANCY3.57%
    COLCHESTER1.04%PROPERTY2.66%
    PROPERTY1.04%CONSTRUCTION2.12%
    CARE0.79%ENGINEERING2.10%
    ESSEX0.75%CARE2.02%
    BUSINESS0.67%TRADING1.94%
    DESIGN0.67%LONDON1.93%
    HOUSE0.67%TRANSPORT1.93%
    R0.62%DESIGN1.66%
    J0.62%CONSULTANTS1.64%
    ENERGY0.62%ELECTRICAL1.62%
    INVESTMENTS0.62%PROPERTIES1.62%
    CONSTRUCTION0.58%BUSINESS1.56%
    CONSULTANTS0.58%J1.54%
    IT0.58%CO.,1.50%
    ASSOCIATES0.54%GLOBAL1.49%
    ENGINEERING0.54%INVESTMENTS1.48%
    C0.50%ASSOCIATES1.47%
    HEATING0.50%DEVELOPMENTS1.35%
    MEDIA0.46%MEDIA1.33%
    TRAINING0.46%IT1.31%
    S0.42%BUILDING1.29%
    HOMES0.42%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied531265,608
    82990 - Other business support service activities not elsewhere classified16758,068
    99999 - Dormant Company14048,509
    70229 - Management consultancy activities other than financial management12742,290
    62020 - Information technology consultancy activities9030,178
    93199 - Other sports activities704,176
    96090 - Other service activities not elsewhere classified5129,009
    41100 - Development of building projects4611,397
    74909 - Other professional, scientific and technical activities not elsewhere classified4019,049
    43999 - Other specialised construction activities not elsewhere classified388,761
    86900 - Other human health activities3512,976
    62090 - Other information technology service activities3212,837
    56101 - Licensed restaurants298,782
    43220 - Plumbing, heat and air-conditioning installation285,189
    98000 - Residents property management275,255
    47910 - Retail sale via mail order houses or via Internet2710,107
    45200 - Maintenance and repair of motor vehicles275,425
    35110 - Production of electricity252,551
    47990 - Other retail sale not in stores, stalls or markets246,452
    85590 - Other education not elsewhere classified236,206

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09338340 CLARKE PLASTERING LIMITED 03 Dec 2014
    09344507 HARVEY'S WIRELESS SURVEYING LIMITED 08 Dec 2014
    09358229 COLQUEST LTD 17 Dec 2014
    09365457 LINDELL IP LTD 23 Dec 2014
    09367497 PHONE GADGET LIMITED 29 Dec 2014
    09343456 J NORTH LIMITED 05 Dec 2014
    09345341 I BUY ANY CAR LTD 08 Dec 2014
    09351525 IAN MCDERMOTT ILLUSTRATION LTD 11 Dec 2014
    09352435 Q BALL LTD 12 Dec 2014
    09356864 JSJ MEDICALS LIMITED 16 Dec 2014
    09367844 ESCA RECRUITMENT LIMITED 29 Dec 2014
    09341591 LEXDONIA LTD 04 Dec 2014
    09354445 EXCHANGE ON THE FLY RESEARCH LTD. 15 Dec 2014
    09361227 RAW ORGANIC LIMITED 18 Dec 2014
    09348655 ALICES BOUTIQUE LIMITED 10 Dec 2014
    09356126 JESSOP PLUMBING AND HEATING LIMITED 16 Dec 2014
    09356603 SAADIYA MEDICS LIMITED 16 Dec 2014
    09357438 HEARN BRICKWORKS LTD 16 Dec 2014
    09360745 DR RAM CONSULTANTS LIMITED 18 Dec 2014
    09365960 K.D. ELECTRIX LTD 23 Dec 2014
    09357340 C.S.I CONSULTANCY (UK) LTD 16 Dec 2014
    09350288 THAMES WAVE LTD 11 Dec 2014
    09345671 THE CASTLE HOUSE TRUST 08 Dec 2014
    09350443 CRITICAL EDGE LTD 11 Dec 2014
    09363475 LAURIE NOUCHKA LIMITED 22 Dec 2014