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
New Company Registrations
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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) Colchester UK 2015 496 161,156 2014 441 150,722 % change 12.5% 6.9% Record Year 2015 (496) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 149 159 188 New companies in 2014 135 165 141 % change 10.4% -3.6% 33.3% Record Year 2015 (149) 2014 (165) 2015 (188)
Closed Companies (dissolved)
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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) Colchester UK 2015 252 89,523 2014 222 82,370 % change 13.5% 8.7% Record Year 2009 (291) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 60 79 113 Closed companies in 2014 63 80 79 % change -4.8% -1.3% 43% Record Year 2013 (108) 2014 (80) 2009 (145)
Net Company Growth
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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) Colchester UK 2015 244 71,633 2014 219 68,352 Record Year 2015 (244) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 89 80 75 Net growth in 2014 72 85 62 Record Year 2015 (89) 2014 (85) 2007 (120)
UK Company Share
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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 2015 0.3% 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% Record Year (since 1960) 1997 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.3% 0.3% 0.3% UK formation share in 2014 0.3% 0.3% 0.3% % change 8.2% -11.2% 21.5% Record Year 1980 (0.5%) 1991 (0.4%) 1998 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.72% CONSULTING 5.23% CONSULTING 1.64% MANAGEMENT 4.56% CONSULTANCY 1.35% CONSULTANCY 3.62% CARE 1.19% PROPERTY 2.72% PROPERTY 1.11% CONSTRUCTION 2.19% COLCHESTER 1.02% CARE 2.13% TRADING 0.82% ENGINEERING 2.12% ESSEX 0.82% LONDON 1.91% J 0.78% TRADING 1.88% CONSTRUCTION 0.78% TRANSPORT 1.82% DESIGN 0.78% ELECTRICAL 1.76% ENGINEERING 0.70% DESIGN 1.65% DEVELOPMENTS 0.61% PROPERTIES 1.63% HOMES 0.61% CO., 1.58% BUSINESS 0.61% J 1.55% M 0.57% CONSULTANTS 1.54% IT 0.53% BUSINESS 1.49% HOUSE 0.53% INVESTMENTS 1.49% ELECTRICAL 0.53% GLOBAL 1.46% ASSOCIATES 0.53% ASSOCIATES 1.44% CONSULTANTS 0.53% DEVELOPMENTS 1.36% BUILDING 0.49% BUILDING 1.31% ENERGY 0.49% IT 1.30% HEATING 0.45% MEDIA 1.28% C 0.45% M 1.27%
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 585 288,953 82990 - Other business support service activities not elsewhere classified 164 58,522 99999 - Dormant Company 140 49,474 70229 - Management consultancy activities other than financial management 123 43,081 62020 - Information technology consultancy activities 102 30,825 93199 - Other sports activities 70 4,220 96090 - Other service activities not elsewhere classified 60 29,218 41100 - Development of building projects 45 11,863 86900 - Other human health activities 43 13,990 74909 - Other professional, scientific and technical activities not elsewhere classified 41 19,098 43999 - Other specialised construction activities not elsewhere classified 37 9,080 35110 - Production of electricity 32 2,602 62090 - Other information technology service activities 31 12,862 47910 - Retail sale via mail order houses or via Internet 30 10,200 56101 - Licensed restaurants 30 8,909 98000 - Residents property management 29 5,308 45200 - Maintenance and repair of motor vehicles 28 5,392 43220 - Plumbing, heat and air-conditioning installation 28 5,331 68209 - Other letting and operating of own or leased real estate 26 11,600 41202 - Construction of domestic buildings 23 7,797
Recent Companies
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Randomly selected companies from this quarter
reports
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