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
    09464949 LAURA CARE SERVICES LTD 02 Mar 2015
    09465331 GALLERY ARGENTUM (HORSHAM) LIMITED 02 Mar 2015
    09482064 THINK ELECTRICAL LTD 10 Mar 2015
    09482251 THINK ECO ENERGY LTD 10 Mar 2015
    09486176 2LS ACCOUNTANCY LTD. 12 Mar 2015
    09504195 ALEXANDER CONSULTANCY LIMITED 23 Mar 2015
    09513789 PUSCARIE LTD 27 Mar 2015
    09466899 MILL COURT (BRAINTREE) RTM COMPANY LTD 03 Mar 2015
    09467683 AKH SERVICES LTD 03 Mar 2015
    09473412 YEMSO SOLUTIONS LIMITED 05 Mar 2015
    09480537 THE LITTLE FISH COMPANY (KELVEDON) LTD 10 Mar 2015
    09486802 BROWN STAG MEDIA LTD 12 Mar 2015
    09489863 ACE IMPORT-EXPORT CO. LTD 13 Mar 2015
    09490139 ASCENT CORPORATE VENTURES LIMITED 14 Mar 2015
    09499557 FENYVESI CONTRACTS LIMITED 19 Mar 2015
    09509702 FILONY'S CARE & CREATION LTD 25 Mar 2015
    09510473 HEDGE DRIVE 1955 LIMITED 26 Mar 2015
    09514891 INSPIRED TO LEAD LIMITED 27 Mar 2015
    09515114 M&YZ LIMITED 27 Mar 2015
    09518693 LEWELL SURVEYING LTD 31 Mar 2015
    09480888 R W KEAREY LTD 10 Mar 2015
    09501413 SQUARE FISH LTD 20 Mar 2015
    09514493 BOUSTEAD SOFTWARE LIMITED 27 Mar 2015
    09518170 PRESTIGE PROPULSION LIMITED 31 Mar 2015
    09464244 MJG HOLDINGS LTD 02 Mar 2015