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Essex

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Essex when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Essex when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Essex when compared to any previous February.
  • January 2012 saw a new record in company registrations in Essex when compared to any previous January.
  • January 2012 saw a new record in net growth in Essex 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 2012)

    Q1 2012 saw a new record in company registrations in Essex when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Essex when compared to any quarter in history.

    A total of 5,479 companies were registered in Essex during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 10.8% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)EssexUK
    20125,479131,491
    20114,947116,391
    % change10.8%13.0%
    Record Year 2012 (5,479) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Essex when compared to any previous February.

    January 2012 saw a new record in company registrations in Essex when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20121,6331,7882,058
    New companies in 20111,3651,6691,913
    % change19.6%7.1%7.6%
    Record Year2012 (1,633)2012 (1,788)2007 (2,390)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 2,747 companies were dissolved in Essex during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 23.6% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)EssexUK
    20122,74767,576
    20113,59790,986
    % change-23.6%-25.7%
    Record Year 2009 (3,820) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012927941879
    Closed companies in 20111,3881,0731,136
    % change-33.2%-12.3%-23%
    Record Year2011 (1,388)2011 (1,073)2009 (2,582)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Essex during the first quarter of 2012 (Jan 2012 - Mar 2012) was 2,732 companies.

    first quarter (Jan 2012 - Mar 2012)EssexUK
    20122,73263,915
    20111,35025,405
    Record Year 2007 (3,156) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in net growth in Essex when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20127068471,179
    Net growth in 2011-23596777
    Record Year2012 (706)2007 (1,037)2007 (1,611)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Essex formed 4.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Essex
    20124.2%
    20114.3%
    20104.4%
    20094.4%
    20084.2%
    Record Year (since 1960) 1997 (4.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20124.1%4.0%4.3%
    UK formation share in 20114.0%4.4%4.3%
    % change2.6%-8.4%0.6%
    Record Year2010 (4.5%)1994 (5.6%)1997 (5.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 41.5.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Essex was in 1861 when 40.0% of all directors were female.

    26.2% of all director appointments in Essex in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING2.50%CONSULTING5.07%
    MANAGEMENT2.26%MANAGEMENT4.74%
    CONSULTANCY2.09%CONSULTANCY3.30%
    PROPERTY1.47%PROPERTY2.37%
    CONSTRUCTION1.41%TRADING2.07%
    ESSEX1.24%DESIGN1.93%
    LONDON1.17%ENGINEERING1.86%
    CONSULTANTS1.15%ASSOCIATES1.84%
    ELECTRICAL1.08%CONSULTANTS1.79%
    TRADING1.00%BUSINESS1.73%
    ASSOCIATES0.98%MEDIA1.72%
    SECURITY0.98%CONSTRUCTION1.72%
    BUILDING0.92%LONDON1.66%
    J0.88%J1.54%
    BUSINESS0.86%INVESTMENTS1.51%
    DESIGN0.86%GLOBAL1.50%
    S0.84%IT1.40%
    CARE0.83%CARE1.34%
    IT0.79%PROPERTIES1.31%
    GLOBAL0.78%ELECTRICAL1.27%
    MEDIA0.78%M1.27%
    CLEANING0.72%BUILDING1.24%
    M0.71%ENERGY1.20%
    INVESTMENTS0.70%S1.20%
    ENTERPRISES0.68%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied9,011216,665
    7487 - Other business activities2,34652,735
    82990 - Other business support service activities not elsewhere classified1,39735,233
    99999 - Dormant Company97525,084
    96090 - Other service activities not elsewhere classified81013,637
    70229 - Management consultancy activities other than financial management75619,704
    9999 - Dormant Company71518,617
    62020 - Information technology consultancy activities71514,303
    7414 - Business & management consultancy48912,113
    9305 - Other service activities4688,818
    7499 - Non-trading company3959,102
    62090 - Other information technology service activities3498,145
    74990 - Non-trading company3449,729
    74909 - Other professional, scientific and technical activities not elsewhere classified3309,892
    7260 - Other computer related activities3297,154
    7222 - Other software consultancy and supply3186,934
    4521 - General construction & civil engineering3145,169
    43999 - Other specialised construction activities not elsewhere classified2663,931
    43390 - Other building completion and finishing2563,228
    86900 - Other human health activities2485,066

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07899667 INVENTORY PEOPLE LIMITED 06 Jan 2012
    07902631 SWIFTSERVE LTD 09 Jan 2012
    07927705 T COXALL CONTRACTING LIMITED 30 Jan 2012
    OC371253 AVRE LLP 09 Jan 2012
    07898500 INTERACTIVE INVESTMENTS MEMBER LTD 05 Jan 2012
    07905059 ALTIARE VITAE LIMITED 11 Jan 2012
    07906921 LCC RADIOLOGICAL SUPPORT SERVICES LIMITED 12 Jan 2012
    07921623 M P N RAD SERVICES LIMITED 24 Jan 2012
    07900123 SERVICE6(UK) LIMITED 06 Jan 2012
    07902051 CALLOVER LONDON LIMITED 09 Jan 2012
    07910806 METHODOLOGY LIMITED 16 Jan 2012
    07911051 TWENTY AND NINE LTD 16 Jan 2012
    07911825 4GOLF TROLLEYS LTD 16 Jan 2012
    07911911 ALBURY INVESTIGATIONS LIMITED 17 Jan 2012
    07912715 CPS FINANCIAL SERVICES LIMITED 17 Jan 2012
    07913234 THE LIGHT WORLDWIDE LIMITED 17 Jan 2012
    07915291 CONTE TAKUNDA LIMITED 19 Jan 2012
    07918850 CPLC WATER LIMITED 23 Jan 2012
    07927246 BIRDS OF PRAYERS LTD 27 Jan 2012
    07927386 AJARM LIMITED 27 Jan 2012
    07929067 POOJA MED LTD 30 Jan 2012
    OC371429 REHAB HAIR STUDIO LLP 13 Jan 2012
    07895148 QUAESTIO INVESTIGATIONS LIMITED 03 Jan 2012
    07902123 XELARO LIMITED 09 Jan 2012
    07904391 GRAHAM WILLIAMS BUILDING LIMITED 10 Jan 2012