Essex

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Essex when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Essex when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Essex when compared to any previous September.
  • August 2014 saw a new record in company registrations in Essex when compared to any previous August.
  • July 2014 saw a new record in company registrations in Essex when compared to any previous July.
  • September 2014 saw a new record in company registrations in Essex when compared to any previous September.
  • August 2014 saw a new record in company registrations in Essex when compared to any previous August.
  • July 2014 saw a new record in company registrations in Essex when compared to any previous July.
  • July 2014 saw a new record in company closures in Essex when compared to any previous July.
  • July 2014 saw a new record in company closures in Essex when compared to any previous July.
  • August 2014 saw a new record in net growth in Essex when compared to any previous August.
  • August 2014 saw a new record in net growth in Essex when compared to any previous August.

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. Quarterly Data (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Essex when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Essex when compared to any previous Q3.

    A total of 6,433 companies were registered in Essex during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 13.5% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20146,433143,414
    20135,668132,684
    % change13.5%8.1%
    Record Year 2014 (6,433) 2014 (143,414)
    New Companies by Quarter

    A total of 6,433 companies were registered in Essex during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 13.5% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20146,433143,414
    20135,668132,684
    % change13.5%8.1%
    Record Year 2014 (6,433) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 20142,2311,9602,242
    New companies in 20131,9731,7241,971
    % change13.1%13.7%13.7%
    Record Year2014 (2,231)2014 (1,960)2014 (2,242)
    JulyAugustSeptember
    New companies in 20142,2311,9602,242
    New companies in 20131,9731,7241,971
    % change13.1%13.7%13.7%
    Record Year2014 (2,231)2014 (1,960)2014 (2,242)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 4,698 companies were dissolved in Essex during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 22.0% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20144,698101,670
    20133,85086,170
    % change22.0%18.0%
    Record Year 2014 (4,698) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 4,698 companies were dissolved in Essex during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 22.0% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20144,698101,670
    20133,85086,170
    % change22.0%18.0%
    Record Year 2014 (4,698) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Essex when compared to any previous July.

    July 2014 saw a new record in company closures in Essex when compared to any previous July.

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20141,7241,1741,800
    Closed companies in 20131,3631,0611,426
    % change26.5%10.7%26%
    Record Year2014 (1,724)2008 (2,024)2009 (2,130)
    JulyAugustSeptember
    Closed companies in 20141,7241,1741,800
    Closed companies in 20131,3631,0611,426
    % change26.5%10.7%26%
    Record Year2014 (1,724)2008 (2,024)2009 (2,130)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Essex during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,735 companies.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20141,73541,744
    20131,81846,514
    Record Year 2011 (1,983) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Essex during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,735 companies.

    third quarter (Jul 2014 - Sep 2014)EssexUK
    20141,73541,744
    20131,81846,514
    Record Year 2011 (1,983) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014507786442
    Net growth in 2013610663545
    Record Year2008 (1,165)2014 (786)2002 (892)
    JulyAugustSeptember
    Net growth in 2014507786442
    Net growth in 2013610663545
    Record Year2008 (1,165)2014 (786)2002 (892)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Essex formed 4.5% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Essex
    20144.5%
    20134.3%
    20124.3%
    20114.2%
    20104.3%
    Record Year (since 1960) 1997 (4.6%)
    Company Share by Quarter

    In the third quarter of 2014, Essex formed 4.5% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Essex
    20144.5%
    20134.3%
    20124.3%
    20114.2%
    20104.3%
    Record Year (since 1960) 1997 (4.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20144.4%4.5%4.6%
    UK formation share in 20134.3%4.1%4.4%
    % change2.7%8.4%4.3%
    Record Year1999 (4.8%)1997 (4.6%)2014 (4.6%)
    JulyAugustSeptember
    UK formation share in 20144.4%4.5%4.6%
    UK formation share in 20134.3%4.1%4.4%
    % change2.7%8.4%4.3%
    Record Year1999 (4.8%)1997 (4.6%)2014 (4.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 41.4.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 41.4.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Essex was in 2008 when 28.9% of all directors were female.

    26.3% of all director appointments in Essex in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Essex was in 2008 when 28.9% of all directors were female.

    26.3% of all director appointments in Essex in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.99%CONSULTING5.17%
    MANAGEMENT2.37%MANAGEMENT4.63%
    CONSULTANCY2.21%CONSULTANCY3.55%
    CONSTRUCTION1.62%PROPERTY2.62%
    PROPERTY1.54%ENGINEERING2.07%
    CARE1.52%CONSTRUCTION2.05%
    LONDON1.35%TRADING2.00%
    ESSEX1.34%LONDON1.95%
    CONSULTANTS1.23%CARE1.94%
    ELECTRICAL1.19%TRANSPORT1.76%
    BUILDING1.14%DESIGN1.70%
    BUSINESS1.00%CONSULTANTS1.70%
    J0.97%PROPERTIES1.63%
    TRADING0.92%BUSINESS1.62%
    PROPERTIES0.86%J1.53%
    ASSOCIATES0.84%ELECTRICAL1.53%
    DESIGN0.80%GLOBAL1.51%
    ENGINEERING0.80%INVESTMENTS1.50%
    IT0.79%ASSOCIATES1.48%
    SECURITY0.75%MEDIA1.38%
    DEVELOPMENTS0.74%CO.,1.36%
    INVESTMENTS0.71%DEVELOPMENTS1.35%
    S0.71%BUILDING1.30%
    GLOBAL0.70%IT1.30%
    MAINTENANCE0.66%M1.23%
    wordpercentageuk worduk percentage
    CONSULTING2.98%CONSULTING5.18%
    MANAGEMENT2.39%MANAGEMENT4.63%
    CONSULTANCY2.20%CONSULTANCY3.54%
    CONSTRUCTION1.62%PROPERTY2.63%
    PROPERTY1.53%ENGINEERING2.08%
    CARE1.51%CONSTRUCTION2.05%
    LONDON1.35%TRADING2.01%
    ESSEX1.35%LONDON1.95%
    CONSULTANTS1.24%CARE1.94%
    ELECTRICAL1.20%TRANSPORT1.76%
    BUILDING1.14%DESIGN1.70%
    BUSINESS1.01%CONSULTANTS1.69%
    J0.95%PROPERTIES1.63%
    TRADING0.94%BUSINESS1.63%
    PROPERTIES0.87%ELECTRICAL1.53%
    ASSOCIATES0.83%J1.53%
    ENGINEERING0.81%GLOBAL1.52%
    DESIGN0.80%INVESTMENTS1.50%
    IT0.79%ASSOCIATES1.48%
    SECURITY0.76%MEDIA1.38%
    DEVELOPMENTS0.74%CO.,1.36%
    INVESTMENTS0.72%DEVELOPMENTS1.35%
    S0.71%BUILDING1.30%
    GLOBAL0.70%IT1.30%
    MAINTENANCE0.66%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,827278,481
    82990 - Other business support service activities not elsewhere classified2,06457,264
    99999 - Dormant Company1,86848,286
    70229 - Management consultancy activities other than financial management1,62940,717
    62020 - Information technology consultancy activities1,48429,313
    96090 - Other service activities not elsewhere classified1,37428,224
    74909 - Other professional, scientific and technical activities not elsewhere classified65518,890
    86900 - Other human health activities62611,807
    62090 - Other information technology service activities56912,795
    43390 - Other building completion and finishing5235,786
    43999 - Other specialised construction activities not elsewhere classified4918,501
    41100 - Development of building projects45010,604
    49410 - Freight transport by road4489,960
    43210 - Electrical installation4145,922
    74990 - Non-trading company41114,006
    47910 - Retail sale via mail order houses or via Internet4059,914
    41202 - Construction of domestic buildings3767,151
    56103 - Take-away food shops and mobile food stands3647,917
    56101 - Licensed restaurants3518,546
    68209 - Other letting and operating of own or leased real estate34210,361
    sic codenumber of companiesuk companies
    None Supplied11,113263,052
    82990 - Other business support service activities not elsewhere classified2,12058,078
    99999 - Dormant Company1,91048,811
    70229 - Management consultancy activities other than financial management1,65741,421
    62020 - Information technology consultancy activities1,50029,780
    96090 - Other service activities not elsewhere classified1,40428,864
    74909 - Other professional, scientific and technical activities not elsewhere classified66819,117
    86900 - Other human health activities64112,105
    62090 - Other information technology service activities58212,999
    43390 - Other building completion and finishing5415,953
    43999 - Other specialised construction activities not elsewhere classified5028,701
    49410 - Freight transport by road46910,336
    41100 - Development of building projects46410,983
    43210 - Electrical installation4246,050
    74990 - Non-trading company41614,053
    47910 - Retail sale via mail order houses or via Internet40710,125
    41202 - Construction of domestic buildings3967,363
    56103 - Take-away food shops and mobile food stands3778,165
    56101 - Licensed restaurants3608,789
    68209 - Other letting and operating of own or leased real estate35510,684

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09120485 THE TRUMPET LIMITED 08 Jul 2014
    09123249 WILLOWGATE HOMES LTD 09 Jul 2014
    09128079 RAZOR RUDDOCK RACING CLUB LIMITED 14 Jul 2014
    09138379 GRANITE ROSE LTD 18 Jul 2014
    09154117 LIMON CONSULTING LTD 30 Jul 2014
    09123457 LEGION RISE (BARDWELL) MANAGEMENT COMPANY LIMITED 09 Jul 2014
    09154259 REDPYKE LTD 30 Jul 2014
    09109323 SENBLA PUBLISHING LIMITED 01 Jul 2014
    09112086 NOVASERVE LTD 02 Jul 2014
    09123704 R.J.S. ELECTRICAL (ESSEX) LIMITED 09 Jul 2014
    09124202 GETITRIGHT HOLD LIMITED 10 Jul 2014
    09124770 TWINS GOLD INTERNATIONAL LTD 10 Jul 2014
    09127077 WHYDEALWITHANYONEELSE.COM LIMITED 11 Jul 2014
    09129002 MITCH CONSULTING LTD 14 Jul 2014
    09129139 C.R.M EXECUTIVE TRANSPORT LTD 14 Jul 2014
    09132711 THE SHOOT AGENCY LTD 15 Jul 2014
    09133623 KSFL HEALTH & WELLBEING LIMITED 16 Jul 2014
    09135432 REMED PRAS LTD 17 Jul 2014
    09141079 AGILE7 LIMITED 21 Jul 2014
    09141428 BOREHAM HOUSE LIMITED 22 Jul 2014
    09143526 JEA VIRTUAL OFFICE SERVICES LIMITED 23 Jul 2014
    09145178 TERRITORY LIMITED 24 Jul 2014
    09151075 SHFX LTD 29 Jul 2014
    09151883 GEOTECHMANAGEMENT LIMITED 29 Jul 2014
    09155765 SISCO-CONTRACTS LIMITED 31 Jul 2014