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
New Company Registrations
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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.
Year Essex UK 2013 22,889 529,363 2012 21,000 491,893 2011 18,889 452,870 2010 17,345 400,358 2009 15,709 362,675 Record Year 2013 (22,889) 2013 (529,363) New Companies by Year
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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) Essex UK 2013 11,036 259,931 2012 10,288 238,743 % change 7.3% 8.9% Record Year 2013 (11,036) 2013 (259,931) New Companies by Half Year
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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) Essex UK 2013 5,368 127,247 2012 5,123 119,875 % change 4.8% 6.1% Record Year 2013 (5,368) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 2,103 1,815 1,450 New companies in 2012 2,003 1,816 1,304 % change 5.0% -0.1% 11.2% Record Year 2013 (2,103) 2012 (1,816) 2013 (1,450)
Closed Companies (dissolved)
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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.
Year Essex UK 2013 15,968 332,213 2012 12,444 293,729 2011 12,484 314,524 2010 13,403 342,233 2009 18,525 533,789 Record Year 2009 (18,525) 2009 (533,789) Dissolved Companies by Year
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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) Essex UK 2013 8,076 177,021 2012 6,309 145,935 % change 28.0% 21.3% Record Year 2013 (8,076) 2009 (244,544) Dissolved Companies by Half Year
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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) Essex UK 2013 4,226 90,851 2012 3,018 70,027 % change 40.0% 29.7% Record Year 2013 (4,226) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 1,588 1,347 1,291 Closed companies in 2012 1,391 924 703 % change 14.2% 45.8% 84% Record Year 2013 (1,588) 2002 (1,695) 2013 (1,291)
Net Company Growth
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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.
Year Essex UK 2013 6,921 197,150 2012 8,556 198,164 2011 6,405 138,346 2010 3,942 58,125 2009 -2,816 -171,114 Record Year 2012 (8,556) 2007 (237,353) Net Growth by Year
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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) Essex UK 2013 2,960 82,910 2012 3,979 92,808 Record Year 2012 (3,979) 2003 (117,772) Net Growth by Half Year
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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) Essex UK 2013 1,142 36,396 2012 2,105 49,848 Record Year 2012 (2,105) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 515 468 159 Net growth in 2012 612 892 601 Record Year 2008 (995) 2012 (892) 2012 (601)
UK Company Share
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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.
Year Essex 2013 4.3% 2012 4.3% 2011 4.2% 2010 4.3% 2009 4.3% Record Year (since 1960) 1997 (4.8%) Company Share by Year
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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 2013 4.2% 2012 4.3% 2011 4.2% 2010 4.3% 2009 4.3% Record Year (since 1960) 1997 (4.4%) Company Share by Half Year
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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 2013 4.2% 2012 4.3% 2011 4.1% 2010 4.2% 2009 4.2% Record Year (since 1960) 2007 (4.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 4.2% 4.2% 4.2% UK formation share in 2012 4.3% 4.3% 4.1% % change -2.4% -1.8% 1.1% Record Year 2010 (4.5%) 2007 (4.3%) 2013 (4.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.67% CONSULTING 5.22% MANAGEMENT 2.34% MANAGEMENT 4.72% CONSULTANCY 2.05% CONSULTANCY 3.45% PROPERTY 1.87% PROPERTY 2.59% ESSEX 1.39% TRADING 2.08% CARE 1.35% ENGINEERING 1.87% CONSTRUCTION 1.35% LONDON 1.86% CONSULTANTS 1.32% DESIGN 1.76% LONDON 1.31% CONSTRUCTION 1.73% TRADING 1.14% CARE 1.73% BUSINESS 1.04% BUSINESS 1.71% ELECTRICAL 0.99% CONSULTANTS 1.68% BUILDING 0.94% GLOBAL 1.58% MAINTENANCE 0.94% INVESTMENTS 1.56% J 0.91% PROPERTIES 1.54% GLOBAL 0.90% ASSOCIATES 1.53% ASSOCIATES 0.87% J 1.51% SECURITY 0.85% MEDIA 1.50% DESIGN 0.85% IT 1.35% IT 0.80% DEVELOPMENTS 1.23% PROPERTIES 0.74% M 1.23% INVESTMENTS 0.74% BUILDING 1.21% MEDIA 0.73% ELECTRICAL 1.20% TRAINING 0.72% CAPITAL 1.19% M 0.70% ENERGY 1.14%
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 11,029 266,814 82990 - Other business support service activities not elsewhere classified 1,998 55,342 99999 - Dormant Company 1,797 46,762 70229 - Management consultancy activities other than financial management 1,405 36,164 62020 - Information technology consultancy activities 1,329 27,183 96090 - Other service activities not elsewhere classified 1,307 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 642 18,034 62090 - Other information technology service activities 533 12,511 43999 - Other specialised construction activities not elsewhere classified 472 7,823 43390 - Other building completion and finishing 471 5,405 86900 - Other human health activities 457 9,543 41100 - Development of building projects 434 9,485 74990 - Non-trading company 433 14,223 47910 - Retail sale via mail order houses or via Internet 364 8,879 43210 - Electrical installation 357 5,730 49410 - Freight transport by road 347 7,333 56103 - Take-away food shops and mobile food stands 346 7,010 62012 - Business and domestic software development 331 9,360 41202 - Construction of domestic buildings 323 6,191 56101 - Licensed restaurants 302 7,685
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08816008 DONAL SCANLAN CONSULTANCY SERVICES LIMITED 16 Dec 2013 08817938 PROFILE PROTEIN LIMITED 17 Dec 2013 08819261 RIFLE DIGITAL LTD 18 Dec 2013 08821588 FORBES SURVEYORS LTD 19 Dec 2013 08823490 SYMPHONY AUDIO LTD 20 Dec 2013 08806067 SEAVIEW CAFE MERSEA LIMITED 06 Dec 2013 08806255 COMPASS LED LIMITED 09 Dec 2013 08797712 SOUTHERN PET SERVICES LIMITED 02 Dec 2013 08800482 SRI KRISHNA BRUNDAVANA 03 Dec 2013 08800813 ALPHA HOMES INVESTMENTS LIMITED 03 Dec 2013 08804091 CRANE RADIATORS LTD 05 Dec 2013 08804897 B C FOUNDRY LTD 06 Dec 2013 08811489 WESTGREEN INVESTMENTS LIMITED 11 Dec 2013 08815004 EXPOTENTIAL SOLUTIONS LIMITED 13 Dec 2013 08824869 SUPER HOT FOREX LTD 23 Dec 2013 08827232 DEVODO LTD 30 Dec 2013 08798828 BOXCROSS LIMITED 02 Dec 2013 08799225 G.A.C.A PROPERTY LTD 02 Dec 2013 08800631 BIPOLAR AND BPD SUPPORT C.I.C. 03 Dec 2013 08800726 DEDEK LIMITED 03 Dec 2013 08801756 BOCKING ELECTRICAL LIMITED 04 Dec 2013 08808234 FIRST FOR RECRUITMENT SOUTH EAST LTD 10 Dec 2013 08816268 BRAEMAL SERVICES LIMITED 16 Dec 2013 08818827 AMARYLLIS WORKSPACE MANAGEMENT LTD 18 Dec 2013 08822878 SAMMIE'S BAR LIMITED 20 Dec 2013
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