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Essex

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Essex when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Essex when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Essex when compared to any previous Q2.
  • April 2012 saw a new record in company registrations in Essex when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in Essex when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Essex when compared to any half year in history.

    In the first half of 2012 a total of 10,712 companies were formed in Essex. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Essex occurred in 2012 when a total of 10,712 were formed.

    Half Year (Jan-Jun)EssexUK
    201210,712253,150
    20119,539228,735
    % change12.3%10.7%
    Record Year2012 (10,712)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Essex when compared to any previous Q2.

    A total of 5,233 companies were registered in Essex during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 14.0% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)EssexUK
    20125,233121,659
    20114,592112,344
    % change14.0%8.3%
    Record Year 2012 (5,233) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

    New Companies by Month
    AprilMayJune
    New companies in 20121,7271,9211,585
    New companies in 20111,3571,5741,661
    % change27.3%22.0%-4.6%
    Record Year2012 (1,727)2000 (2,544)2011 (1,661)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 6,137 companies were dissolved in Essex. This figure is 4.2% lower than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Essex occurred in 2009 when a total of 10,586 were closed.

    Half Year (Jan-Jun)EssexUK
    20126,137147,793
    20116,408162,310
    % change-4.2%-8.9%
    Record Year2009 (10,586)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 3,390 companies were dissolved in Essex during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 20.6% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)EssexUK
    20123,39080,217
    20112,81171,324
    % change20.6%12.5%
    Record Year 2009 (6,766) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20129471,2471,196
    Closed companies in 20115451,2081,058
    % change73.8%3.2%13%
    Record Year2009 (2,123)2009 (3,054)2009 (1,589)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Essex increased by 4,575 companies.

    Half Year (Jan-Jun)EssexUK
    20124,575105,357
    20113,13166,425
    Record Year2007 (5,411)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Essex during the second quarter of 2012 (Apr 2012 - Jun 2012) was 1,843 companies.

    second quarter (Apr 2012 - Jun 2012)EssexUK
    20121,84341,442
    20111,78141,020
    Record Year 2000 (3,030) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012780674389
    Net growth in 2011812366603
    Record Year1997 (1,356)2000 (2,280)2008 (1,061)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Essex formed 4.2% of all UK companies. This is the same as the 2011 figure of 4.2%.

    Half Year (Jan-Jun)Essex
    20124.2%
    20114.2%
    20104.4%
    20094.3%
    20084.2%
    Record Year (since 1960) 1997 (5.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Essex formed 4.3% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Essex
    20124.3%
    20114.1%
    20104.3%
    20094.3%
    20084.2%
    Record Year (since 1960) 2000 (6.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20124.2%4.4%4.3%
    UK formation share in 20113.9%4.1%4.2%
    % change7.2%7.0%1.9%
    Record Year1997 (6.7%)2000 (11.3%)1997 (4.6%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 41.1.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 40.8.

    The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    24.3% of all director appointments in Essex in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Essex was in 1866 when 57.1% of all directors were female.

    26.0% of all director appointments in Essex in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.46%CONSULTING5.07%
    MANAGEMENT2.24%MANAGEMENT4.74%
    CONSULTANCY2.03%CONSULTANCY3.28%
    PROPERTY1.49%PROPERTY2.35%
    CONSTRUCTION1.44%TRADING2.10%
    ESSEX1.28%DESIGN1.89%
    CONSULTANTS1.27%ENGINEERING1.87%
    LONDON1.18%ASSOCIATES1.82%
    TRADING1.11%CONSULTANTS1.78%
    ASSOCIATES1.07%CONSTRUCTION1.71%
    ELECTRICAL1.05%BUSINESS1.70%
    SECURITY0.99%MEDIA1.69%
    BUILDING0.95%LONDON1.68%
    BUSINESS0.89%J1.57%
    DESIGN0.86%GLOBAL1.51%
    J0.86%INVESTMENTS1.48%
    CARE0.86%IT1.42%
    IT0.84%CARE1.31%
    S0.84%PROPERTIES1.31%
    GLOBAL0.80%M1.26%
    MEDIA0.76%ELECTRICAL1.23%
    M0.71%BUILDING1.23%
    R0.70%SECURITY1.19%
    CO0.68%S1.18%
    CLEANING0.65%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied10,225244,457
    7487 - Other business activities2,07447,029
    82990 - Other business support service activities not elsewhere classified1,35235,447
    99999 - Dormant Company96626,088
    96090 - Other service activities not elsewhere classified83814,220
    70229 - Management consultancy activities other than financial management80220,390
    62020 - Information technology consultancy activities73915,280
    9999 - Dormant Company65116,469
    7414 - Business & management consultancy45010,978
    9305 - Other service activities4177,926
    7499 - Non-trading company3528,023
    62090 - Other information technology service activities3468,258
    74990 - Non-trading company3319,706
    74909 - Other professional, scientific and technical activities not elsewhere classified32410,271
    7260 - Other computer related activities3016,456
    7222 - Other software consultancy and supply2876,356
    4521 - General construction & civil engineering2844,644
    43999 - Other specialised construction activities not elsewhere classified2834,091
    86900 - Other human health activities2565,222
    43390 - Other building completion and finishing2563,241

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08104242 CHELMSFORD FOOT CLINIC LIMITED 13 Jun 2012
    08104936 STEPHEN MATTHES LIMITED 14 Jun 2012
    08107556 PALLETSOCK LIMITED 15 Jun 2012
    08104987 OLDACRES LIMITED 14 Jun 2012
    08121189 THE ALPHA BREED COMPANY LIMITED 27 Jun 2012
    08122234 G MAC NUCLEAR LIMITED 28 Jun 2012
    08092205 CHELMER GROCERS LTD. 01 Jun 2012
    08092233 RESEARCH AND DEVELOPMENT CONSULTING LIMITED 01 Jun 2012
    08092398 WINNERS BOXING LIMITED 01 Jun 2012
    08092514 NATURAL WORLD EUROPE LIMITED 01 Jun 2012
    08094833 CHELMSFORD CITY ELECTRICAL & DATA SERVICES LTD 06 Jun 2012
    08094873 ELEVATIONS-CONTRACTING LIMITED 06 Jun 2012
    08095122 SULLIVAN & BARBIERO LTD 06 Jun 2012
    08095170 BRAINTREE AUTO CENTRE LTD 06 Jun 2012
    08096480 NAVARRA RETAIL SYSTEMS LIMITED 07 Jun 2012
    08097605 RECRUITER TALENT LIMITED 08 Jun 2012
    08099475 AB DESIGN & CONSULTANCY LTD 11 Jun 2012
    08102886 BESTLUCK LTD 13 Jun 2012
    08104100 BUSINESS CLUB WORLDCOB LTD 13 Jun 2012
    08107684 HFT MANAGEMENT LIMITED 15 Jun 2012
    08110890 CERNO MEDIA LIMITED 19 Jun 2012
    08111369 UK FIRE LTD 19 Jun 2012
    08113088 SHARED CONSULT LIMITED 20 Jun 2012
    08116168 GLO SOLUTIONS LIMITED 22 Jun 2012
    08117847 CM1 DESIGN ASSOCIATES LTD 25 Jun 2012