Essex

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Essex when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Essex when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Essex when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Essex when compared to any previous December.
  • October 2013 saw a new record in company registrations in Essex when compared to any previous October.
  • The second half of 2013 saw a new record in company closures in Essex when compared to any previous second half year.
  • December 2013 saw a new record in company closures in Essex when compared to any previous December.
  • October 2013 saw a new record in company closures in Essex when compared to any previous October.

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 (2013)

    2013 was a record year for company registrations in Essex when compared to any year in history.

    A total of 22,889 companies were formed in Essex in 2013. This total is 9.0% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearEssexUK
    201322,889529,363
    201221,000491,893
    201118,889452,870
    201017,345400,358
    200915,709362,675
    Record Year2013 (22,889)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Essex when compared to any previous second half year.

    In the second half of 2013 a total of 11,036 companies were formed in Essex. This figure is 7.3% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Essex occurred in 2013 when a total of 11,036 were formed.

    Half Year (Jul-Dec)EssexUK
    201311,036259,931
    201210,288238,743
    % change7.3%8.9%
    Record Year2013 (11,036)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Essex when compared to any previous Q4.

    A total of 5,368 companies were registered in Essex during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 4.8% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)EssexUK
    20135,368127,247
    20125,123119,875
    % change4.8%6.1%
    Record Year 2013 (5,368) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Essex when compared to any previous December.

    October 2013 saw a new record in company registrations in Essex when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20132,1031,8151,450
    New companies in 20122,0031,8161,304
    % change5.0%-0.1%11.2%
    Record Year2013 (2,103)2012 (1,816)2013 (1,450)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 15,968 companies were dissolved in Essex in 2013. This total is 28.3% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearEssexUK
    201315,968332,213
    201212,444293,729
    201112,484314,524
    201013,403342,233
    200918,525533,789
    Record Year2009 (18,525)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company closures in Essex when compared to any previous second half year.

    In the second half of 2013 a total of 8,076 companies were dissolved in Essex. This figure is 28.0% higher than last year, which compares badly to the UK wide change of 21.3%.

    The highest total for a second half year in Essex occurred in 2013 when a total of 8,076 were closed.

    Half Year (Jul-Dec)EssexUK
    20138,076177,021
    20126,309145,935
    % change28.0%21.3%
    Record Year2013 (8,076)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 4,226 companies were dissolved in Essex during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 40.0% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)EssexUK
    20134,22690,851
    20123,01870,027
    % change40.0%29.7%
    Record Year 2013 (4,226) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company closures in Essex when compared to any previous December.

    October 2013 saw a new record in company closures in Essex when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20131,5881,3471,291
    Closed companies in 20121,391924703
    % change14.2%45.8%84%
    Record Year2013 (1,588)2002 (1,695)2013 (1,291)

Net Company Growth

  1. Annual Data (2013)

    A total of 6,921 companies were added to the company register for Essex in 2013. This number represents growth of 30.2% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 1,635 companies lower 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 8,556 companies.

    YearEssexUK
    20136,921197,150
    20128,556198,164
    20116,405138,346
    20103,94258,125
    2009-2,816-171,114
    Record Year2012 (8,556)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Essex increased by 2,960 companies.

    Half Year (Jul-Dec)EssexUK
    20132,96082,910
    20123,97992,808
    Record Year2012 (3,979)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Essex during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 1,142 companies.

    fourth quarter (Oct 2013 - Dec 2013)EssexUK
    20131,14236,396
    20122,10549,848
    Record Year 2012 (2,105) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013515468159
    Net growth in 2012612892601
    Record Year2008 (995)2012 (892)2012 (601)

UK Company Share

  1. Annual Data (2013)

    In 2013 Essex formed 4.3% of all UK companies. This is no change on 2012 when Essex was responsible for 4.3% of all UK companies.

    YearEssex
    20134.3%
    20124.3%
    20114.2%
    20104.3%
    20094.3%
    Record Year (since 1960)1997 (4.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Essex formed 4.2% of all UK companies. This is less than the 2012 figure of 4.3%.

    Half Year (Jul-Dec)Essex
    20134.2%
    20124.3%
    20114.2%
    20104.3%
    20094.3%
    Record Year (since 1960) 1997 (4.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Essex formed 4.2% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Essex
    20134.2%
    20124.3%
    20114.1%
    20104.2%
    20094.2%
    Record Year (since 1960) 2007 (4.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20134.2%4.2%4.2%
    UK formation share in 20124.3%4.3%4.1%
    % change-2.4%-1.8%1.1%
    Record Year2010 (4.5%)2007 (4.3%)2013 (4.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 41.7.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 41.4.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 41.4.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Essex was 1991 when 34.2% of all directors were female.

    The percentage of female directors in Essex in 2013 was 26.8%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Essex was 2008 when 28.7% of all directors were female.

    27.4% of all director appointments in Essex in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Essex was in 2008 when 28.5% of all directors were female.

    27.8% of all director appointments in Essex in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING2.67%CONSULTING5.22%
    MANAGEMENT2.34%MANAGEMENT4.72%
    CONSULTANCY2.05%CONSULTANCY3.45%
    PROPERTY1.87%PROPERTY2.59%
    ESSEX1.39%TRADING2.08%
    CARE1.35%ENGINEERING1.87%
    CONSTRUCTION1.35%LONDON1.86%
    CONSULTANTS1.32%DESIGN1.76%
    LONDON1.31%CONSTRUCTION1.73%
    TRADING1.14%CARE1.73%
    BUSINESS1.04%BUSINESS1.71%
    ELECTRICAL0.99%CONSULTANTS1.68%
    BUILDING0.94%GLOBAL1.58%
    MAINTENANCE0.94%INVESTMENTS1.56%
    J0.91%PROPERTIES1.54%
    GLOBAL0.90%ASSOCIATES1.53%
    ASSOCIATES0.87%J1.51%
    SECURITY0.85%MEDIA1.50%
    DESIGN0.85%IT1.35%
    IT0.80%DEVELOPMENTS1.23%
    PROPERTIES0.74%M1.23%
    INVESTMENTS0.74%BUILDING1.21%
    MEDIA0.73%ELECTRICAL1.20%
    TRAINING0.72%CAPITAL1.19%
    M0.70%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,029266,814
    82990 - Other business support service activities not elsewhere classified1,99855,342
    99999 - Dormant Company1,79746,762
    70229 - Management consultancy activities other than financial management1,40536,164
    62020 - Information technology consultancy activities1,32927,183
    96090 - Other service activities not elsewhere classified1,30726,001
    74909 - Other professional, scientific and technical activities not elsewhere classified64218,034
    62090 - Other information technology service activities53312,511
    43999 - Other specialised construction activities not elsewhere classified4727,823
    43390 - Other building completion and finishing4715,405
    86900 - Other human health activities4579,543
    41100 - Development of building projects4349,485
    74990 - Non-trading company43314,223
    47910 - Retail sale via mail order houses or via Internet3648,879
    43210 - Electrical installation3575,730
    49410 - Freight transport by road3477,333
    56103 - Take-away food shops and mobile food stands3467,010
    62012 - Business and domestic software development3319,360
    41202 - Construction of domestic buildings3236,191
    56101 - Licensed restaurants3027,685

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08767466 TEAM MEDICAL DEVICES LIMITED 08 Nov 2013
    08773420 QUANTUM FINANCE LTD 13 Nov 2013
    08782246 INSPIRATION BRAND SALES SOLUTIONS LTD 19 Nov 2013
    08792349 ISLEGROVE LIMITED 27 Nov 2013
    08794602 SAFFRON OPERA GROUP LIMITED 28 Nov 2013
    08757637 T G AVIATION CONSULTANT LTD 01 Nov 2013
    08758496 HARPER RESOURCES LIMITED 01 Nov 2013
    08783427 STRIX GLOBAL (UK) LIMITED 20 Nov 2013
    08786789 OYSTER BOOKKEEPING LTD 22 Nov 2013
    08763264 IRUKA CONSULTANCY SERVICES LTD 05 Nov 2013
    08761133 UNITED MEDIA TV SERVICES LTD 04 Nov 2013
    08761566 VISYOND VENTURES LTD 05 Nov 2013
    08761758 LAUWRENS CONSULTING LTD 05 Nov 2013
    08762328 CRYSTAL CLEAR HYGIENE LIMITED 05 Nov 2013
    08765346 HEALTH ORIENTATION LIMITED 07 Nov 2013
    08768123 VON PLUSH LTD 08 Nov 2013
    08771025 POSITIVE PROPERTY FINANCE LTD 12 Nov 2013
    08773582 ITU CARE LTD 13 Nov 2013
    08776905 WISDOM CARE ESSEX LIMITED 15 Nov 2013
    08778805 IT WOLF LIMITED 18 Nov 2013
    08781028 PAT JOHN MEDIA LIMITED 19 Nov 2013
    08781907 S J AESTHETICS LTD 19 Nov 2013
    08785457 SWING MIGRATION INTEGRATION LIMITED 21 Nov 2013
    08790872 RBR IT LIMITED 26 Nov 2013
    08792211 GT ART CONSULTING LIMITED 27 Nov 2013