Colchester, Essex

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Colchester when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Colchester when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Colchester when compared to any previous March.
  • March 2015 was a record month for company registrations in Colchester when compared to any month in history.
  • January 2015 saw a new record in company registrations in Colchester when compared to any previous January.
  • January 2015 saw a new record in net growth in Colchester when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Colchester when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Colchester when compared to any quarter in history.

    A total of 496 companies were registered in Colchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 12.5% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)ColchesterUK
    2015496161,156
    2014441150,722
    % change12.5%6.9%
    Record Year 2015 (496) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Colchester when compared to any previous March.

    March 2015 was a record month for company registrations in Colchester when compared to any month in history.

    January 2015 saw a new record in company registrations in Colchester when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015149159188
    New companies in 2014135165141
    % change10.4%-3.6%33.3%
    Record Year2015 (149)2014 (165)2015 (188)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 252 companies were dissolved in Colchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 13.5% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)ColchesterUK
    201525289,523
    201422282,370
    % change13.5%8.7%
    Record Year 2009 (291) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20156079113
    Closed companies in 2014638079
    % change-4.8%-1.3%43%
    Record Year2013 (108)2014 (80)2009 (145)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Colchester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 244 companies.

    first quarter (Jan 2015 - Mar 2015)ColchesterUK
    201524471,633
    201421968,352
    Record Year 2015 (244) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Colchester when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015898075
    Net growth in 2014728562
    Record Year2015 (89)2014 (85)2007 (120)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Colchester formed 0.3% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Colchester
    20150.3%
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    Record Year (since 1960) 1997 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.3%0.3%0.3%
    UK formation share in 20140.3%0.3%0.3%
    % change8.2%-11.2%21.5%
    Record Year1980 (0.5%)1991 (0.4%)1998 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 44.1.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Colchester was in 2009 when 34.6% of all directors were female.

    24.8% of all director appointments in Colchester in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.72%CONSULTING5.23%
    CONSULTING1.64%MANAGEMENT4.56%
    CONSULTANCY1.35%CONSULTANCY3.62%
    CARE1.19%PROPERTY2.72%
    PROPERTY1.11%CONSTRUCTION2.19%
    COLCHESTER1.02%CARE2.13%
    TRADING0.82%ENGINEERING2.12%
    ESSEX0.82%LONDON1.91%
    J0.78%TRADING1.88%
    CONSTRUCTION0.78%TRANSPORT1.82%
    DESIGN0.78%ELECTRICAL1.76%
    ENGINEERING0.70%DESIGN1.65%
    DEVELOPMENTS0.61%PROPERTIES1.63%
    HOMES0.61%CO.,1.58%
    BUSINESS0.61%J1.55%
    M0.57%CONSULTANTS1.54%
    IT0.53%BUSINESS1.49%
    HOUSE0.53%INVESTMENTS1.49%
    ELECTRICAL0.53%GLOBAL1.46%
    ASSOCIATES0.53%ASSOCIATES1.44%
    CONSULTANTS0.53%DEVELOPMENTS1.36%
    BUILDING0.49%BUILDING1.31%
    ENERGY0.49%IT1.30%
    HEATING0.45%MEDIA1.28%
    C0.45%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied585288,953
    82990 - Other business support service activities not elsewhere classified16458,522
    99999 - Dormant Company14049,474
    70229 - Management consultancy activities other than financial management12343,081
    62020 - Information technology consultancy activities10230,825
    93199 - Other sports activities704,220
    96090 - Other service activities not elsewhere classified6029,218
    41100 - Development of building projects4511,863
    86900 - Other human health activities4313,990
    74909 - Other professional, scientific and technical activities not elsewhere classified4119,098
    43999 - Other specialised construction activities not elsewhere classified379,080
    35110 - Production of electricity322,602
    62090 - Other information technology service activities3112,862
    47910 - Retail sale via mail order houses or via Internet3010,200
    56101 - Licensed restaurants308,909
    98000 - Residents property management295,308
    45200 - Maintenance and repair of motor vehicles285,392
    43220 - Plumbing, heat and air-conditioning installation285,331
    68209 - Other letting and operating of own or leased real estate2611,600
    41202 - Construction of domestic buildings237,797

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09471031 JODICE CARE LIMITED 04 Mar 2015
    09473603 FOREFRONT PERSONELL LIMITED 05 Mar 2015
    09475838 YOUR LIVING ROOM CIC 06 Mar 2015
    09477063 BOBBIE GARGRAVE PE TRAINING LIMITED 09 Mar 2015
    09482297 THINK ENERGY GROUP LTD 10 Mar 2015
    09484285 STUART DESIGN & DEVELOPMENT LIMITED 11 Mar 2015
    09484428 KELLY JULIET CONSULTING LTD 11 Mar 2015
    09506980 VAN BEDS LIMITED 24 Mar 2015
    09508342 URBAN GLASSWARE LTD 25 Mar 2015
    09512593 ORION LEGAL LTD 26 Mar 2015
    09477840 ORIEL HOUSE (COLCHESTER) MANAGEMENT COMPANY LIMITED 09 Mar 2015
    09480537 THE LITTLE FISH COMPANY (KELVEDON) LTD 10 Mar 2015
    09484871 THE NEW BUS STATION CONVENIENCE STORE & CAFE COLCHESTER LIMITED 12 Mar 2015
    09487020 ORADOT TECHNICAL SERVICES LIMITED 12 Mar 2015
    09487347 SKYHAWK ENTERPRISES LTD 12 Mar 2015
    09501201 JONES & BROTHERTON PLUMBING & HEATING LIMITED 20 Mar 2015
    09515114 M&YZ LIMITED 27 Mar 2015
    09468727 DAVIS-HUGHES BUILDING & CARPENTRY LTD 03 Mar 2015
    09483591 CROWDCUBE JUSTPARK NOMINEES LTD 11 Mar 2015
    09493615 TWOPOINTZERO IT LIMITED 17 Mar 2015
    09506315 NI.MAR CONSULTANCY & SERVICES LTD 24 Mar 2015
    09507267 SALT FINANCIAL LTD 24 Mar 2015
    09518014 DECOY SOLAR FARM C.I.C. 30 Mar 2015
    09519964 MAHA RETAIL LIMITED 31 Mar 2015
    09468551 ASB57 CONSULTANTS LTD. 03 Mar 2015