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

  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. 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.

    YearEssexUK
    201221,006491,893
    201118,889452,870
    201017,345400,358
    200915,709362,675
    200814,803349,203
    Record Year2012 (21,006)2012 (491,893)
    New Companies by Year
  2. 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)EssexUK
    201210,294238,743
    20119,350224,135
    % change10.1%6.5%
    Record Year2012 (10,294)2012 (238,743)
    New Companies by Half Year
  3. 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)EssexUK
    20125,129119,875
    20114,501109,623
    % change14.0%9.4%
    Record Year 2012 (5,129) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 20122,0031,8171,309
    New companies in 20111,6591,6521,190
    % change20.7%10.0%10.0%
    Record Year2012 (2,003)2012 (1,817)2012 (1,309)

Closed Companies (dissolved)

  1. 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.

    YearEssexUK
    201212,444293,728
    201112,484314,524
    201013,403342,233
    200918,525533,787
    20087,840237,873
    Record Year2009 (18,525)2009 (533,787)
    Dissolved Companies by Year
  2. 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)EssexUK
    20126,309145,934
    20116,076152,213
    % change3.8%-4.1%
    Record Year2009 (7,940)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)EssexUK
    20123,01870,026
    20113,21079,983
    % change-6.0%-12.4%
    Record Year 2009 (3,452) 2009 (85,139)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20121,391924703
    Closed companies in 20117921,2041,214
    % change75.6%-23.3%-42%
    Record Year2012 (1,391)2002 (1,695)2009 (1,215)

Net Company Growth

  1. 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.

    YearEssexUK
    20128,562198,165
    20116,405138,346
    20103,94258,125
    2009-2,816-171,112
    20086,963111,330
    Record Year2012 (8,562)2003 (242,541)
    Net Growth by Year
  2. 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)EssexUK
    20123,98592,809
    20113,27471,922
    Record Year2012 (3,985)2003 (117,772)
    Net Growth by Half Year
  3. 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)EssexUK
    20122,11149,849
    20111,29129,640
    Record Year 2012 (2,111) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2012612893606
    Net growth in 2011867448-24
    Record Year2008 (995)2012 (893)2012 (606)

UK Company Share

  1. 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.

    YearEssex
    20124.3%
    20114.2%
    20104.3%
    20094.3%
    20084.2%
    Record Year (since 1960)1997 (4.8%)
    Company Share by Year
  2. 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
    20124.3%
    20114.2%
    20104.3%
    20094.3%
    20084.3%
    Record Year (since 1960) 1997 (4.4%)
    Company Share by Half Year
  3. 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
    20124.3%
    20114.1%
    20104.2%
    20094.2%
    20084.2%
    Record Year (since 1960) 1968 (4.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20124.3%4.3%4.2%
    UK formation share in 20114.3%4.1%3.9%
    % change1.4%4.7%7.1%
    Record Year2010 (4.5%)1968 (4.4%)1968 (5.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.32%CONSULTING5.15%
    MANAGEMENT2.29%MANAGEMENT4.78%
    CONSULTANCY2.11%CONSULTANCY3.31%
    PROPERTY1.39%PROPERTY2.40%
    CONSTRUCTION1.27%TRADING2.03%
    LONDON1.22%DESIGN1.86%
    ESSEX1.17%ASSOCIATES1.82%
    CONSULTANTS1.16%ENGINEERING1.79%
    TRADING1.11%BUSINESS1.76%
    CARE1.09%CONSULTANTS1.75%
    ASSOCIATES1.03%CONSTRUCTION1.69%
    J1.02%LONDON1.69%
    ELECTRICAL1.02%MEDIA1.69%
    BUSINESS0.97%GLOBAL1.59%
    BUILDING0.94%J1.57%
    GLOBAL0.93%INVESTMENTS1.46%
    SECURITY0.90%IT1.43%
    S0.85%CARE1.39%
    IT0.85%PROPERTIES1.34%
    DESIGN0.85%M1.26%
    MEDIA0.78%BUILDING1.23%
    M0.72%ENTERPRISES1.21%
    HOUSE0.66%TRAINING1.18%
    R0.65%ELECTRICAL1.17%
    CO0.65%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied9,819236,139
    82990 - Other business support service activities not elsewhere classified2,02752,427
    99999 - Dormant Company1,48040,648
    96090 - Other service activities not elsewhere classified1,20922,058
    70229 - Management consultancy activities other than financial management1,20030,396
    62020 - Information technology consultancy activities1,11923,256
    62090 - Other information technology service activities52112,291
    74909 - Other professional, scientific and technical activities not elsewhere classified49515,572
    7487 - Other business activities48810,703
    74990 - Non-trading company47013,808
    43999 - Other specialised construction activities not elsewhere classified4346,419
    43390 - Other building completion and finishing3934,882
    41100 - Development of building projects3587,980
    86900 - Other human health activities3577,866
    43210 - Electrical installation2975,304
    49410 - Freight transport by road2875,165
    56103 - Take-away food shops and mobile food stands2775,132
    62012 - Business and domestic software development2757,446
    69201 - Accounting and auditing activities2706,177
    47910 - Retail sale via mail order houses or via Internet2656,307

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08339535 CODE DEVELOPMENT PLANNERS LTD 21 Dec 2012
    08327456 MANGAPP MANOR WEDDINGS LTD 11 Dec 2012
    08329046 SAMANTHA FLORISTRY LTD 12 Dec 2012
    08317603 FCM COMMERCIAL SERVICES LIMITED 04 Dec 2012
    08317863 PROQIP ASSOCIATES LTD 04 Dec 2012
    08320439 WITHAM VEHICLE SOLUTIONS LIMITED 06 Dec 2012
    08322135 PATSON EXHIBITION AND EVENT SERVICES (UK) LIMITED 07 Dec 2012
    08322688 CHATTAN OIL & GAS LTD 07 Dec 2012
    08325219 ABSOLUTE QUANTUM SOLUTIONS LTD 11 Dec 2012
    08329884 LIVEANDMAINTAIN LTD 13 Dec 2012
    08330434 SKINGLEY CHELMSFORD LTD 13 Dec 2012
    08331118 BOXKLEVER BUILDING & MANAGEMENT SERVICES LIMITED 14 Dec 2012
    08339743 HTB PRESTIGE LTD 21 Dec 2012
    08341942 DIORA LONDON LTD 27 Dec 2012
    08316599 ALBON CONSTRUCTION SERVICES LIMITED 03 Dec 2012
    08318982 NJL JOINERY LIMITED 05 Dec 2012
    08321277 GOODFELLAS (MALDON) LIMITED 06 Dec 2012
    08323250 TKC RISK SOLUTIONS LIMITED 07 Dec 2012
    08323417 65 ROSES TRUST 10 Dec 2012
    08325613 THE COFFEE HOUSE (COLCHESTER) LIMITED 11 Dec 2012
    08326962 CAPE VERDE VILLA SAL LIMITED 11 Dec 2012
    08330483 SECURITY NTK LIMITED 13 Dec 2012
    08333231 REFLECTIONS 2 (COLCHESTER) RESIDENTS COMPANY LIMITED 17 Dec 2012
    08334635 HAPPY DAY'S (CHELMSFORD) LIMITED 18 Dec 2012
    08336531 ARIELLA FOODS LIMITED 19 Dec 2012