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
New Company Registrations
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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) Essex UK 2012 5,165 118,868 2011 4,849 114,512 % change 6.5% 3.8% Record Year 2012 (5,165) 2012 (118,868) New Companies by Quarter
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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
July August September New companies in 2012 1,754 1,713 1,698 New companies in 2011 1,658 1,606 1,585 % change 5.8% 6.7% 7.1% Record Year 2012 (1,754) 2012 (1,713) 2012 (1,698)
Closed Companies (dissolved)
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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) Essex UK 2012 3,260 74,772 2011 2,867 72,230 % change 13.7% 3.5% Record Year 2009 (4,488) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2012 1,158 1,161 941 Closed companies in 2011 913 1,041 913 % change 26.8% 11.5% 3% Record Year 2012 (1,158) 2008 (2,024) 2009 (2,130)
Net Company Growth
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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) Essex UK 2012 1,905 44,096 2011 1,982 42,282 Record Year 2011 (1,982) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 596 552 757 Net growth in 2011 745 565 672 Record Year 2008 (1,165) 2011 (565) 2002 (892)
UK Company Share
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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 2012 4.3% 2011 4.2% 2010 4.3% 2009 4.4% 2008 4.4% Record Year (since 1960) 1997 (4.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 4.2% 4.5% 4.3% UK formation share in 2011 4.5% 4.2% 4.1% % change -5.0% 7.5% 6.0% Record Year 1999 (4.8%) 1997 (4.6%) 1979 (5.3%)
Director Age
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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
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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
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Previous 12 months (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.23% CONSULTING 5.06% MANAGEMENT 2.20% MANAGEMENT 4.77% CONSULTANCY 2.04% CONSULTANCY 3.29% PROPERTY 1.40% PROPERTY 2.36% CONSTRUCTION 1.37% TRADING 2.08% ESSEX 1.20% DESIGN 1.87% CONSULTANTS 1.20% ASSOCIATES 1.83% LONDON 1.19% ENGINEERING 1.83% TRADING 1.12% CONSULTANTS 1.76% ELECTRICAL 1.06% BUSINESS 1.72% ASSOCIATES 1.04% CONSTRUCTION 1.70% CARE 0.94% MEDIA 1.68% J 0.93% LONDON 1.67% BUILDING 0.93% J 1.55% BUSINESS 0.91% GLOBAL 1.54% DESIGN 0.90% INVESTMENTS 1.47% IT 0.89% IT 1.43% SECURITY 0.85% PROPERTIES 1.34% S 0.85% CARE 1.32% GLOBAL 0.82% M 1.27% MEDIA 0.75% BUILDING 1.22% M 0.75% ENTERPRISES 1.21% CO 0.74% ELECTRICAL 1.20% CLEANING 0.66% S 1.17% R 0.63% SECURITY 1.16%
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 9,467 228,243 82990 - Other business support service activities not elsewhere classified 1,970 50,446 99999 - Dormant Company 1,401 37,912 96090 - Other service activities not elsewhere classified 1,174 20,742 70229 - Management consultancy activities other than financial management 1,160 28,990 62020 - Information technology consultancy activities 1,070 21,969 7487 - Other business activities 749 16,361 62090 - Other information technology service activities 516 11,950 74909 - Other professional, scientific and technical activities not elsewhere classified 479 14,809 74990 - Non-trading company 478 13,641 43999 - Other specialised construction activities not elsewhere classified 411 6,008 43390 - Other building completion and finishing 388 4,705 86900 - Other human health activities 342 7,550 41100 - Development of building projects 335 7,545 43210 - Electrical installation 297 5,151 9999 - Dormant Company 280 6,793 49410 - Freight transport by road 270 4,503 62012 - Business and domestic software development 267 6,943 69201 - Accounting and auditing activities 267 5,935 56103 - Take-away food shops and mobile food stands 260 4,745
Recent Companies
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Randomly selected companies from this quarter
reports
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