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
    08201402 YUKON CONSULTING LIMITED 04 Sep 2012
    08208625 BLOIS MEADOW DAY NURSERY LTD 10 Sep 2012
    08228124 STORE OF THE FUTURE TECHNOLOGY LIMITED 25 Sep 2012
    08231597 REDCLOUD TECHNOLOGY (PAKISTAN) LIMITED 27 Sep 2012
    08206792 FA SCART LIMITED 07 Sep 2012
    08198498 COOPER CASE MANAGEMENT LIMITED 03 Sep 2012
    08198842 HELCO INVESTMENTS LIMITED 03 Sep 2012
    08201444 PERI CENTRE LTD 04 Sep 2012
    08202048 CAPRI ENGINEERING SERVICES LIMITED 05 Sep 2012
    08203510 ELITE CAPITAL & CO. LIMITED 06 Sep 2012
    08208789 LEXCEL LEGAL LTD 10 Sep 2012
    08209400 ACS INSTALLATIONS LTD 11 Sep 2012
    08209571 CENTRAL ST. MARTINS MANAGEMENT COMPANY LIMITED 11 Sep 2012
    08209712 HOLIDAY HOMES RENT & BUY LTD 11 Sep 2012
    08212398 NOORELMA CONSULTING LTD 12 Sep 2012
    08212762 ANDRES CONSULTING LIMITED 13 Sep 2012
    08215431 EXECCO.IT LIMITED 14 Sep 2012
    08219478 VALUE ADD SATELLITE TECHNOLOGIES LTD 18 Sep 2012
    08221521 TCB EVENTS LIMITED 20 Sep 2012
    OC378806 ELEMENTAL PRACTICE LLP 26 Sep 2012
    08231621 GAD TUNING LTD 27 Sep 2012
    08231765 TDI TUNING LTD 27 Sep 2012
    08233344 QUETZEL LIMITED 28 Sep 2012
    08203335 BIDEAWHILE 702 LIMITED 05 Sep 2012
    08210668 NUCHE LTD 11 Sep 2012