Essex

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Essex when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Essex when compared to any half year in history.
  • The first half of 2014 saw a new record in company registrations in Essex when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Essex when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Essex when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Essex when compared to any quarter in history.
  • Q2 2014 saw a new record in company registrations in Essex when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Essex when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Essex when compared to any previous June.
  • April 2014 saw a new record in company registrations in Essex when compared to any previous April.
  • June 2014 saw a new record in company registrations in Essex when compared to any previous June.
  • April 2014 saw a new record in company registrations in Essex when compared to any previous April.
  • April 2014 saw a new record in net growth in Essex when compared to any previous April.
  • April 2014 saw a new record in net growth in Essex when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Essex when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Essex when compared to any half year in history.

    The first half of 2014 saw a new record in company registrations in Essex when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Essex when compared to any half year in history.

    In the first half of 2014 a total of 13,311 companies were formed in Essex. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Essex occurred in 2014 when a total of 13,311 were formed.

    Half Year (Jan-Jun)EssexUK
    201413,311300,731
    201311,853269,432
    % change12.3%11.6%
    Record Year2014 (13,311)2014 (300,731)

    In the first half of 2014 a total of 13,311 companies were formed in Essex. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Essex occurred in 2014 when a total of 13,311 were formed.

    Half Year (Jan-Jun)EssexUK
    201413,311300,731
    201311,853269,432
    % change12.3%11.6%
    Record Year2014 (13,311)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Essex when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Essex when compared to any quarter in history.

    Q2 2014 saw a new record in company registrations in Essex when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Essex when compared to any quarter in history.

    A total of 6,910 companies were registered in Essex during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 15.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20146,910150,009
    20135,987134,630
    % change15.4%11.4%
    Record Year 2014 (6,910) 2014 (150,009)
    New Companies by Quarter

    A total of 6,910 companies were registered in Essex during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 15.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20146,910150,009
    20135,987134,630
    % change15.4%11.4%
    Record Year 2014 (6,910) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Essex when compared to any previous June.

    April 2014 saw a new record in company registrations in Essex when compared to any previous April.

    June 2014 saw a new record in company registrations in Essex when compared to any previous June.

    April 2014 saw a new record in company registrations in Essex when compared to any previous April.

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 20142,4582,3012,151
    New companies in 20132,1971,9351,855
    % change11.9%18.9%16.0%
    Record Year2014 (2,458)2000 (2,544)2014 (2,151)
    AprilMayJune
    New companies in 20142,4582,3012,151
    New companies in 20132,1971,9351,855
    % change11.9%18.9%16.0%
    Record Year2014 (2,458)2000 (2,544)2014 (2,151)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 8,097 companies were dissolved in Essex. This figure is 2.6% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Essex occurred in 2009 when a total of 10,585 were closed.

    Half Year (Jan-Jun)EssexUK
    20148,097177,207
    20137,892155,192
    % change2.6%14.2%
    Record Year2009 (10,585)2009 (289,245)

    In the first half of 2014 a total of 8,097 companies were dissolved in Essex. This figure is 2.6% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Essex occurred in 2009 when a total of 10,585 were closed.

    Half Year (Jan-Jun)EssexUK
    20148,097177,207
    20137,892155,192
    % change2.6%14.2%
    Record Year2009 (10,585)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 4,340 companies were dissolved in Essex during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 11.8% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20144,34094,837
    20133,88277,278
    % change11.8%22.7%
    Record Year 2009 (6,764) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 4,340 companies were dissolved in Essex during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 11.8% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20144,34094,837
    20133,88277,278
    % change11.8%22.7%
    Record Year 2009 (6,764) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20141,0231,9451,372
    Closed companies in 20131,3101,1641,408
    % change-21.9%67.1%-3%
    Record Year2009 (2,123)2009 (3,053)2009 (1,588)
    AprilMayJune
    Closed companies in 20141,0231,9451,372
    Closed companies in 20131,3101,1641,408
    % change-21.9%67.1%-3%
    Record Year2009 (2,123)2009 (3,053)2009 (1,588)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Essex increased by 5,214 companies.

    Half Year (Jan-Jun)EssexUK
    20145,214123,524
    20133,961114,240
    Record Year2007 (5,413)2007 (171,296)

    In the first half of 2014 the company register for Essex increased by 5,214 companies.

    Half Year (Jan-Jun)EssexUK
    20145,214123,524
    20133,961114,240
    Record Year2007 (5,413)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Essex during the second quarter of 2014 (Apr 2014 - Jun 2014) was 2,570 companies.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20142,57055,172
    20132,10557,352
    Record Year 2014 (2,570) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Essex during the second quarter of 2014 (Apr 2014 - Jun 2014) was 2,570 companies.

    second quarter (Apr 2014 - Jun 2014)EssexUK
    20142,57055,172
    20132,10557,352
    Record Year 2014 (2,570) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Essex when compared to any previous April.

    April 2014 saw a new record in net growth in Essex when compared to any previous April.

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 20141,435356779
    Net growth in 2013887771447
    Record Year2014 (1,435)2000 (2,280)2008 (1,061)
    AprilMayJune
    Net growth in 20141,435356779
    Net growth in 2013887771447
    Record Year2014 (1,435)2000 (2,280)2008 (1,061)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Essex formed 4.4% of all UK companies. This is the same as the 2013 figure of 4.4%.

    Half Year (Jan-Jun)Essex
    20144.4%
    20134.4%
    20124.2%
    20114.2%
    20104.4%
    Record Year (since 1960) 1997 (5.2%)
    Company Share by Half Year

    In the first half of 2014 Essex formed 4.4% of all UK companies. This is the same as the 2013 figure of 4.4%.

    Half Year (Jan-Jun)Essex
    20144.4%
    20134.4%
    20124.2%
    20114.2%
    20104.4%
    Record Year (since 1960) 1997 (5.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Essex formed 4.6% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Essex
    20144.6%
    20134.4%
    20124.3%
    20114.1%
    20104.3%
    Record Year (since 1960) 2000 (6.4%)
    Company Share by Quarter

    In the second quarter of 2014, Essex formed 4.6% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Essex
    20144.6%
    20134.4%
    20124.3%
    20114.1%
    20104.3%
    Record Year (since 1960) 2000 (6.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20144.5%4.7%4.5%
    UK formation share in 20134.5%4.3%4.5%
    % change0.9%9.8%0.5%
    Record Year1997 (6.7%)2000 (11.3%)1997 (4.6%)
    AprilMayJune
    UK formation share in 20144.5%4.7%4.5%
    UK formation share in 20134.5%4.3%4.5%
    % change0.9%9.8%0.5%
    Record Year1997 (6.7%)2000 (11.3%)1997 (4.6%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.1.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 42.1.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 42.2.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 42.2.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Essex was 2008 when 29.8% of all directors were female.

    27.2% of all director appointments in Essex in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Essex was 2008 when 29.8% of all directors were female.

    27.2% of all director appointments in Essex in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Essex was in 2008 when 29.0% of all directors were female.

    26.5% of all director appointments in Essex in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Essex was in 2008 when 29.0% of all directors were female.

    26.5% of all director appointments in Essex in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.85%CONSULTING5.16%
    MANAGEMENT2.39%MANAGEMENT4.64%
    CONSULTANCY2.20%CONSULTANCY3.50%
    PROPERTY1.70%PROPERTY2.66%
    CONSTRUCTION1.47%TRADING2.03%
    CARE1.43%ENGINEERING1.99%
    LONDON1.33%CONSTRUCTION1.93%
    ESSEX1.29%LONDON1.93%
    CONSULTANTS1.25%CARE1.85%
    BUILDING1.10%DESIGN1.75%
    ELECTRICAL1.09%CONSULTANTS1.73%
    BUSINESS1.04%BUSINESS1.69%
    J0.96%PROPERTIES1.63%
    TRADING0.94%TRANSPORT1.58%
    PROPERTIES0.84%GLOBAL1.55%
    DESIGN0.83%INVESTMENTS1.55%
    IT0.82%J1.51%
    GLOBAL0.81%ASSOCIATES1.48%
    MAINTENANCE0.79%MEDIA1.44%
    ASSOCIATES0.78%ELECTRICAL1.40%
    SECURITY0.76%IT1.33%
    DEVELOPMENTS0.76%DEVELOPMENTS1.33%
    INVESTMENTS0.74%BUILDING1.26%
    ENGINEERING0.73%M1.24%
    MEDIA0.69%CO.,1.20%
    wordpercentageuk worduk percentage
    CONSULTING2.83%CONSULTING5.16%
    MANAGEMENT2.41%MANAGEMENT4.64%
    CONSULTANCY2.20%CONSULTANCY3.49%
    PROPERTY1.69%PROPERTY2.66%
    CONSTRUCTION1.47%TRADING2.03%
    CARE1.42%ENGINEERING1.99%
    LONDON1.33%LONDON1.93%
    ESSEX1.30%CONSTRUCTION1.93%
    CONSULTANTS1.26%CARE1.85%
    ELECTRICAL1.10%DESIGN1.75%
    BUILDING1.09%CONSULTANTS1.73%
    BUSINESS1.04%BUSINESS1.69%
    J0.95%PROPERTIES1.63%
    TRADING0.95%TRANSPORT1.58%
    PROPERTIES0.84%GLOBAL1.55%
    DESIGN0.83%INVESTMENTS1.55%
    IT0.82%J1.50%
    GLOBAL0.81%ASSOCIATES1.48%
    MAINTENANCE0.80%MEDIA1.44%
    ASSOCIATES0.78%ELECTRICAL1.40%
    SECURITY0.76%IT1.33%
    DEVELOPMENTS0.76%DEVELOPMENTS1.33%
    ENGINEERING0.74%BUILDING1.26%
    INVESTMENTS0.74%M1.23%
    S0.67%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied10,985261,557
    82990 - Other business support service activities not elsewhere classified2,13157,421
    99999 - Dormant Company1,91648,436
    70229 - Management consultancy activities other than financial management1,58140,250
    62020 - Information technology consultancy activities1,46529,029
    96090 - Other service activities not elsewhere classified1,37828,352
    74909 - Other professional, scientific and technical activities not elsewhere classified67419,058
    62090 - Other information technology service activities60413,024
    86900 - Other human health activities58311,292
    43390 - Other building completion and finishing5165,855
    43999 - Other specialised construction activities not elsewhere classified4948,533
    41100 - Development of building projects45210,527
    74990 - Non-trading company43614,351
    49410 - Freight transport by road4279,265
    43210 - Electrical installation4196,050
    47910 - Retail sale via mail order houses or via Internet4059,900
    41202 - Construction of domestic buildings3747,053
    56103 - Take-away food shops and mobile food stands3597,840
    56101 - Licensed restaurants3458,585
    68209 - Other letting and operating of own or leased real estate34110,133
    sic codenumber of companiesuk companies
    None Supplied10,911259,495
    82990 - Other business support service activities not elsewhere classified2,14157,459
    99999 - Dormant Company1,91048,126
    70229 - Management consultancy activities other than financial management1,58440,375
    62020 - Information technology consultancy activities1,46329,145
    96090 - Other service activities not elsewhere classified1,37328,340
    74909 - Other professional, scientific and technical activities not elsewhere classified67319,026
    62090 - Other information technology service activities60713,042
    86900 - Other human health activities58411,353
    43390 - Other building completion and finishing5235,895
    43999 - Other specialised construction activities not elsewhere classified4958,555
    41100 - Development of building projects45310,664
    49410 - Freight transport by road4359,318
    74990 - Non-trading company42914,184
    43210 - Electrical installation4236,091
    47910 - Retail sale via mail order houses or via Internet4019,940
    41202 - Construction of domestic buildings3817,088
    56103 - Take-away food shops and mobile food stands3617,892
    68209 - Other letting and operating of own or leased real estate34810,262
    56101 - Licensed restaurants3448,651

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09021706 BOND WINDSCREEN REPAIRS LTD 01 May 2014
    09023998 GROUNDTECH ANGLIA LIMITED 06 May 2014
    09036978 CB RESOURCING LTD 13 May 2014
    09024926 ACTIONS ASSIGNED (2014) LIMITED 06 May 2014
    09043748 24/7 RESPONSE SECURITY LTD. 16 May 2014
    09055572 CLAYMORE LEGAL ASSIST LIMITED 23 May 2014
    09032279 MERCUTIO LIMITED 09 May 2014
    09024068 RINGINGLOW SOLUTIONS LTD 06 May 2014
    09026748 R2 EVENTS LTD 07 May 2014
    09033247 PEOPLE WORKING TOGETHER 09 May 2014
    09037558 ROXWELL HAND CARWASH CENTRE LTD 13 May 2014
    09039433 ASAB LIMITED 14 May 2014
    09046615 GREEN WHOLESALE (UK) LIMITED 19 May 2014
    09046706 PLATINUM ICE LTD 19 May 2014
    09048696 ADHD+ SUPPORT 20 May 2014
    09051400 CHELMSFORD CITY TILING LTD 22 May 2014
    09054397 RISHI LTD 23 May 2014
    09055600 CHURCH LANE APARTMENTS LIMITED 23 May 2014
    09056318 WHELAN2906 LTD 27 May 2014
    09056535 LIVE DOSA LIMITED 27 May 2014
    09058199 HOMELY MOVE LIMITED 27 May 2014
    09059259 TW COMMUNICATIONS LIMITED 28 May 2014
    09061632 PDR EFFICIENT ENERGY MANAGEMENT LIMITED 29 May 2014
    09026739 X-TEC ENGINEERING LIMITED 07 May 2014
    09029515 ACCESS NUTRITION LTD 08 May 2014