Essex
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Essex when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Essex when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Essex when compared to any previous Q4.
- December 2012 saw a new record in company registrations in Essex when compared to any previous December.
- November 2012 saw a new record in company registrations in Essex when compared to any previous November.
- October 2012 saw a new record in company registrations in Essex when compared to any previous October.
- October 2012 saw a new record in company closures in Essex when compared to any previous October.
- 2012 was a record year for net growth in Essex when compared to any year in history.
- The second half of 2012 saw a new record in net growth in Essex when compared to any previous second half year.
- Q4 2012 saw a new record in net growth in Essex when compared to any previous Q4.
- December 2012 saw a new record in net growth in Essex when compared to any previous December.
- November 2012 saw a new record in net growth in Essex when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Essex when compared to any year in history.
A total of 21,006 companies were formed in Essex in 2012. This total is 11.2% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Essex UK 2012 21,006 491,893 2011 18,889 452,870 2010 17,345 400,358 2009 15,709 362,675 2008 14,803 349,203 Record Year 2012 (21,006) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Essex when compared to any previous second half year.
In the second half of 2012 a total of 10,294 companies were formed in Essex. This figure is 10.1% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in Essex occurred in 2012 when a total of 10,294 were formed.
Half Year (Jul-Dec) Essex UK 2012 10,294 238,743 2011 9,350 224,135 % change 10.1% 6.5% Record Year 2012 (10,294) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Essex when compared to any previous Q4.
A total of 5,129 companies were registered in Essex during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 14.0% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Essex UK 2012 5,129 119,875 2011 4,501 109,623 % change 14.0% 9.4% Record Year 2012 (5,129) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in Essex when compared to any previous December.
November 2012 saw a new record in company registrations in Essex when compared to any previous November.
October 2012 saw a new record in company registrations in Essex when compared to any previous October.
New Companies by Month
October November December New companies in 2012 2,003 1,817 1,309 New companies in 2011 1,659 1,652 1,190 % change 20.7% 10.0% 10.0% Record Year 2012 (2,003) 2012 (1,817) 2012 (1,309)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 12,444 companies were dissolved in Essex in 2012. This total is 0.3% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Essex UK 2012 12,444 293,728 2011 12,484 314,524 2010 13,403 342,233 2009 18,525 533,787 2008 7,840 237,873 Record Year 2009 (18,525) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 6,309 companies were dissolved in Essex. This figure is 3.8% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Essex occurred in 2009 when a total of 7,940 were closed.
Half Year (Jul-Dec) Essex UK 2012 6,309 145,934 2011 6,076 152,213 % change 3.8% -4.1% Record Year 2009 (7,940) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 3,018 companies were dissolved in Essex during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 6.0% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Essex UK 2012 3,018 70,026 2011 3,210 79,983 % change -6.0% -12.4% Record Year 2009 (3,452) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Essex when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 1,391 924 703 Closed companies in 2011 792 1,204 1,214 % change 75.6% -23.3% -42% Record Year 2012 (1,391) 2002 (1,695) 2009 (1,215)
Net Company Growth
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Annual Data (2012)
2012 was a record year for net growth in Essex when compared to any year in history.
A total of 8,562 companies were added to the company register for Essex in 2012. This number represents growth of 45.3% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 2,157 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Essex company register grew by 8,562 companies.
Year Essex UK 2012 8,562 198,165 2011 6,405 138,346 2010 3,942 58,125 2009 -2,816 -171,112 2008 6,963 111,330 Record Year 2012 (8,562) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in net growth in Essex when compared to any previous second half year.
In the second half of 2012 the company register for Essex increased by 3,985 companies.
Half Year (Jul-Dec) Essex UK 2012 3,985 92,809 2011 3,274 71,922 Record Year 2012 (3,985) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in net growth in Essex when compared to any previous Q4.
Net company growth for Essex during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 2,111 companies.
fourth quarter (Oct 2012 - Dec 2012) Essex UK 2012 2,111 49,849 2011 1,291 29,640 Record Year 2012 (2,111) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in net growth in Essex when compared to any previous December.
November 2012 saw a new record in net growth in Essex when compared to any previous November.
Net Growth by Month
October November December Net growth in 2012 612 893 606 Net growth in 2011 867 448 -24 Record Year 2008 (995) 2012 (893) 2012 (606)
UK Company Share
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Annual Data (2012)
In 2012 Essex formed 4.3% of all UK companies. This is an improvement on 2011 when Essex was responsible for 4.2% of all UK companies.
Year Essex 2012 4.3% 2011 4.2% 2010 4.3% 2009 4.3% 2008 4.2% Record Year (since 1960) 1997 (4.8%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Essex formed 4.3% of all UK companies. This is more than the 2011 figure of 4.2%.
Half Year (Jul-Dec) Essex 2012 4.3% 2011 4.2% 2010 4.3% 2009 4.3% 2008 4.3% Record Year (since 1960) 1997 (4.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Essex formed 4.3% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Essex 2012 4.3% 2011 4.1% 2010 4.2% 2009 4.2% 2008 4.2% Record Year (since 1960) 1968 (4.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 4.3% 4.3% 4.2% UK formation share in 2011 4.3% 4.1% 3.9% % change 1.4% 4.7% 7.1% Record Year 2010 (4.5%) 1968 (4.4%) 1968 (5.2%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 41.9.
The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 41.4.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 41.4.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Essex was 1860 when 35.7% of all directors were female.
The percentage of female directors in Essex in 2012 was 29.3%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Essex was 1860 when 42.9% of all directors were female.
25.7% of all director appointments in Essex in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Essex was in 1977 when 31.2% of all directors were female.
26.3% of all director appointments in Essex in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.32% CONSULTING 5.15% MANAGEMENT 2.29% MANAGEMENT 4.78% CONSULTANCY 2.11% CONSULTANCY 3.31% PROPERTY 1.39% PROPERTY 2.40% CONSTRUCTION 1.27% TRADING 2.03% LONDON 1.22% DESIGN 1.86% ESSEX 1.17% ASSOCIATES 1.82% CONSULTANTS 1.16% ENGINEERING 1.79% TRADING 1.11% BUSINESS 1.76% CARE 1.09% CONSULTANTS 1.75% ASSOCIATES 1.03% CONSTRUCTION 1.69% J 1.02% LONDON 1.69% ELECTRICAL 1.02% MEDIA 1.69% BUSINESS 0.97% GLOBAL 1.59% BUILDING 0.94% J 1.57% GLOBAL 0.93% INVESTMENTS 1.46% SECURITY 0.90% IT 1.43% S 0.85% CARE 1.39% IT 0.85% PROPERTIES 1.34% DESIGN 0.85% M 1.26% MEDIA 0.78% BUILDING 1.23% M 0.72% ENTERPRISES 1.21% HOUSE 0.66% TRAINING 1.18% R 0.65% ELECTRICAL 1.17% CO 0.65% SECURITY 1.17%
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 9,819 236,139 82990 - Other business support service activities not elsewhere classified 2,027 52,427 99999 - Dormant Company 1,480 40,648 96090 - Other service activities not elsewhere classified 1,209 22,058 70229 - Management consultancy activities other than financial management 1,200 30,396 62020 - Information technology consultancy activities 1,119 23,256 62090 - Other information technology service activities 521 12,291 74909 - Other professional, scientific and technical activities not elsewhere classified 495 15,572 7487 - Other business activities 488 10,703 74990 - Non-trading company 470 13,808 43999 - Other specialised construction activities not elsewhere classified 434 6,419 43390 - Other building completion and finishing 393 4,882 41100 - Development of building projects 358 7,980 86900 - Other human health activities 357 7,866 43210 - Electrical installation 297 5,304 49410 - Freight transport by road 287 5,165 56103 - Take-away food shops and mobile food stands 277 5,132 62012 - Business and domestic software development 275 7,446 69201 - Accounting and auditing activities 270 6,177 47910 - Retail sale via mail order houses or via Internet 265 6,307
Recent Companies
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Randomly selected companies from this quarter
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