Essex

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Essex when compared to any previous Q3.
  • September 2012 saw a new record in company registrations in Essex when compared to any previous September.
  • August 2012 saw a new record in company registrations in Essex when compared to any previous August.
  • July 2012 saw a new record in company registrations in Essex when compared to any previous July.
  • July 2012 saw a new record in company closures in Essex when compared to any previous July.

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 (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Essex when compared to any previous Q3.

    A total of 5,165 companies were registered in Essex during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 6.5% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)EssexUK
    20125,165118,868
    20114,849114,512
    % change6.5%3.8%
    Record Year 2012 (5,165) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 20121,7541,7131,698
    New companies in 20111,6581,6061,585
    % change5.8%6.7%7.1%
    Record Year2012 (1,754)2012 (1,713)2012 (1,698)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 3,260 companies were dissolved in Essex during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 13.7% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)EssexUK
    20123,26074,772
    20112,86772,230
    % change13.7%3.5%
    Record Year 2009 (4,488) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    July 2012 saw a new record in company closures in Essex when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20121,1581,161941
    Closed companies in 20119131,041913
    % change26.8%11.5%3%
    Record Year2012 (1,158)2008 (2,024)2009 (2,130)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Essex during the third quarter of 2012 (Jul 2012 - Sep 2012) was 1,905 companies.

    third quarter (Jul 2012 - Sep 2012)EssexUK
    20121,90544,096
    20111,98242,282
    Record Year 2011 (1,982) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012596552757
    Net growth in 2011745565672
    Record Year2008 (1,165)2011 (565)2002 (892)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Essex
    20124.3%
    20114.2%
    20104.3%
    20094.4%
    20084.4%
    Record Year (since 1960) 1997 (4.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20124.2%4.5%4.3%
    UK formation share in 20114.5%4.2%4.1%
    % change-5.0%7.5%6.0%
    Record Year1999 (4.8%)1997 (4.6%)1979 (5.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 40.4.

    The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Essex was in 1862 when 50.0% of all directors were female.

    25.2% of all director appointments in Essex in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING2.23%CONSULTING5.06%
    MANAGEMENT2.20%MANAGEMENT4.77%
    CONSULTANCY2.04%CONSULTANCY3.29%
    PROPERTY1.40%PROPERTY2.36%
    CONSTRUCTION1.37%TRADING2.08%
    ESSEX1.20%DESIGN1.87%
    CONSULTANTS1.20%ASSOCIATES1.83%
    LONDON1.19%ENGINEERING1.83%
    TRADING1.12%CONSULTANTS1.76%
    ELECTRICAL1.06%BUSINESS1.72%
    ASSOCIATES1.04%CONSTRUCTION1.70%
    CARE0.94%MEDIA1.68%
    J0.93%LONDON1.67%
    BUILDING0.93%J1.55%
    BUSINESS0.91%GLOBAL1.54%
    DESIGN0.90%INVESTMENTS1.47%
    IT0.89%IT1.43%
    SECURITY0.85%PROPERTIES1.34%
    S0.85%CARE1.32%
    GLOBAL0.82%M1.27%
    MEDIA0.75%BUILDING1.22%
    M0.75%ENTERPRISES1.21%
    CO0.74%ELECTRICAL1.20%
    CLEANING0.66%S1.17%
    R0.63%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied9,467228,243
    82990 - Other business support service activities not elsewhere classified1,97050,446
    99999 - Dormant Company1,40137,912
    96090 - Other service activities not elsewhere classified1,17420,742
    70229 - Management consultancy activities other than financial management1,16028,990
    62020 - Information technology consultancy activities1,07021,969
    7487 - Other business activities74916,361
    62090 - Other information technology service activities51611,950
    74909 - Other professional, scientific and technical activities not elsewhere classified47914,809
    74990 - Non-trading company47813,641
    43999 - Other specialised construction activities not elsewhere classified4116,008
    43390 - Other building completion and finishing3884,705
    86900 - Other human health activities3427,550
    41100 - Development of building projects3357,545
    43210 - Electrical installation2975,151
    9999 - Dormant Company2806,793
    49410 - Freight transport by road2704,503
    62012 - Business and domestic software development2676,943
    69201 - Accounting and auditing activities2675,935
    56103 - Take-away food shops and mobile food stands2604,745

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08168127 HOVERAX LTD 03 Aug 2012
    08187564 CHRISTOPHER MELLOR CONSULTING LIMITED 22 Aug 2012
    08193162 SILVERCORE ELECTRICAL CONTRACTORS LTD 28 Aug 2012
    08195073 UNIONVILLE MANAGEMENT LIMITED 29 Aug 2012
    08195996 BROWN 2 GREEN ASSOCIATES LTD 30 Aug 2012
    08178387 FE CONSULTANTS LIMITED 14 Aug 2012
    08176363 TRASTONE LIMITED 13 Aug 2012
    08188134 NAP CLOTHING LTD 22 Aug 2012
    08178517 BARRACK 20 LIMITED 14 Aug 2012
    08179955 LANGHAM FACILITIES LTD 15 Aug 2012
    08180747 PLASTIC LDN LIMITED 15 Aug 2012
    08183521 ROCKSIM LIMITED 17 Aug 2012
    08183846 FORKAN CONSTRUCTION LTD 17 Aug 2012
    08184103 ARPAD KOLOZSI LTD 17 Aug 2012
    08186384 FORM PHOTOS LTD 21 Aug 2012
    08187072 ICONASPHERE CONSULTING LTD 21 Aug 2012
    08187968 JRR INSPECTION SERVICES LIMITED 22 Aug 2012
    08189634 LOGAN PARTNERS LTD 23 Aug 2012
    08191306 LR ESTATE PLANNING LTD 24 Aug 2012
    08192153 REIGNITE ACTION 28 Aug 2012
    08192227 RED SQUARE BESPOKE DESIGN LTD 28 Aug 2012
    08196612 RJ COOK CONSTRUCTION LTD 30 Aug 2012
    08196915 SONDA CLEANING LTD 31 Aug 2012
    08197857 RS ENVIROMENTAL & SAFETY LTD 31 Aug 2012
    08163676 CFH 10 LTD 01 Aug 2012