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
New Company Registrations
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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) Essex UK 2012 5,479 131,491 2011 4,947 116,391 % change 10.8% 13.0% Record Year 2012 (5,479) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 1,633 1,788 2,058 New companies in 2011 1,365 1,669 1,913 % change 19.6% 7.1% 7.6% Record Year 2012 (1,633) 2012 (1,788) 2007 (2,390)
Closed Companies (dissolved)
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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) Essex UK 2012 2,747 67,576 2011 3,597 90,986 % change -23.6% -25.7% Record Year 2009 (3,820) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 927 941 879 Closed companies in 2011 1,388 1,073 1,136 % change -33.2% -12.3% -23% Record Year 2011 (1,388) 2011 (1,073) 2009 (2,582)
Net Company Growth
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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) Essex UK 2012 2,732 63,915 2011 1,350 25,405 Record Year 2007 (3,156) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2012 706 847 1,179 Net growth in 2011 -23 596 777 Record Year 2012 (706) 2007 (1,037) 2007 (1,611)
UK Company Share
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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 2012 4.2% 2011 4.3% 2010 4.4% 2009 4.4% 2008 4.2% Record Year (since 1960) 1997 (4.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 4.1% 4.0% 4.3% UK formation share in 2011 4.0% 4.4% 4.3% % change 2.6% -8.4% 0.6% Record Year 2010 (4.5%) 1994 (5.6%) 1997 (5.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.50% CONSULTING 5.07% MANAGEMENT 2.26% MANAGEMENT 4.74% CONSULTANCY 2.09% CONSULTANCY 3.30% PROPERTY 1.47% PROPERTY 2.37% CONSTRUCTION 1.41% TRADING 2.07% ESSEX 1.24% DESIGN 1.93% LONDON 1.17% ENGINEERING 1.86% CONSULTANTS 1.15% ASSOCIATES 1.84% ELECTRICAL 1.08% CONSULTANTS 1.79% TRADING 1.00% BUSINESS 1.73% ASSOCIATES 0.98% MEDIA 1.72% SECURITY 0.98% CONSTRUCTION 1.72% BUILDING 0.92% LONDON 1.66% J 0.88% J 1.54% BUSINESS 0.86% INVESTMENTS 1.51% DESIGN 0.86% GLOBAL 1.50% S 0.84% IT 1.40% CARE 0.83% CARE 1.34% IT 0.79% PROPERTIES 1.31% GLOBAL 0.78% ELECTRICAL 1.27% MEDIA 0.78% M 1.27% CLEANING 0.72% BUILDING 1.24% M 0.71% ENERGY 1.20% INVESTMENTS 0.70% S 1.20% ENTERPRISES 0.68% ENTERPRISES 1.19%
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 9,011 216,665 7487 - Other business activities 2,346 52,735 82990 - Other business support service activities not elsewhere classified 1,397 35,233 99999 - Dormant Company 975 25,084 96090 - Other service activities not elsewhere classified 810 13,637 70229 - Management consultancy activities other than financial management 756 19,704 9999 - Dormant Company 715 18,617 62020 - Information technology consultancy activities 715 14,303 7414 - Business & management consultancy 489 12,113 9305 - Other service activities 468 8,818 7499 - Non-trading company 395 9,102 62090 - Other information technology service activities 349 8,145 74990 - Non-trading company 344 9,729 74909 - Other professional, scientific and technical activities not elsewhere classified 330 9,892 7260 - Other computer related activities 329 7,154 7222 - Other software consultancy and supply 318 6,934 4521 - General construction & civil engineering 314 5,169 43999 - Other specialised construction activities not elsewhere classified 266 3,931 43390 - Other building completion and finishing 256 3,228 86900 - Other human health activities 248 5,066
Recent Companies
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Randomly selected companies from this quarter
reports
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