Essex

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Essex when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Essex when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Essex when compared to any previous March.
  • March 2015 was a record month for company registrations in Essex when compared to any month in history.
  • February 2015 saw a new record in company registrations in Essex when compared to any previous February.
  • January 2015 saw a new record in company registrations in Essex when compared to any previous January.
  • February 2015 saw a new record in company closures in Essex when compared to any previous February.
  • January 2015 saw a new record in net growth in Essex when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Essex when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Essex when compared to any quarter in history.

    A total of 7,409 companies were registered in Essex during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 15.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)EssexUK
    20157,409161,156
    20146,401150,722
    % change15.7%6.9%
    Record Year 2015 (7,409) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Essex when compared to any previous March.

    March 2015 was a record month for company registrations in Essex when compared to any month in history.

    February 2015 saw a new record in company registrations in Essex when compared to any previous February.

    January 2015 saw a new record in company registrations in Essex when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20152,2892,4012,719
    New companies in 20141,9472,1022,352
    % change17.6%14.2%15.6%
    Record Year2015 (2,289)2015 (2,401)2015 (2,719)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 3,977 companies were dissolved in Essex during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 5.9% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)EssexUK
    20153,97789,523
    20143,75782,370
    % change5.9%8.7%
    Record Year 2013 (4,010) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Essex when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20151,0251,3851,567
    Closed companies in 20141,1461,3341,277
    % change-10.6%3.8%23%
    Record Year2013 (1,713)2015 (1,385)2009 (2,582)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Essex during the first quarter of 2015 (Jan 2015 - Mar 2015) was 3,432 companies.

    first quarter (Jan 2015 - Mar 2015)EssexUK
    20153,43271,633
    20142,64468,352
    Record Year 2015 (3,432) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Essex when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20151,2641,0161,152
    Net growth in 20148017681,075
    Record Year2015 (1,264)2007 (1,037)2007 (1,611)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Essex formed 4.6% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Essex
    20154.6%
    20144.2%
    20134.4%
    20124.2%
    20114.3%
    Record Year (since 1960) 1997 (4.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20154.8%4.6%4.5%
    UK formation share in 20144.1%4.4%4.2%
    % change15.3%5.2%5.4%
    Record Year2015 (4.8%)1994 (5.6%)1997 (5.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.1.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Essex was in 2008 when 30.4% of all directors were female.

    26.3% of all director appointments in Essex in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING2.96%CONSULTING5.23%
    MANAGEMENT2.45%MANAGEMENT4.56%
    CONSULTANCY2.18%CONSULTANCY3.62%
    CONSTRUCTION1.91%PROPERTY2.72%
    CARE1.57%CONSTRUCTION2.19%
    PROPERTY1.55%CARE2.13%
    ELECTRICAL1.54%ENGINEERING2.12%
    LONDON1.37%LONDON1.91%
    ESSEX1.30%TRADING1.88%
    BUILDING1.17%TRANSPORT1.82%
    J1.06%ELECTRICAL1.76%
    CONSULTANTS0.98%DESIGN1.65%
    BUSINESS0.91%PROPERTIES1.63%
    ASSOCIATES0.89%CO.,1.58%
    TRADING0.87%J1.55%
    PROPERTIES0.84%CONSULTANTS1.54%
    M0.82%BUSINESS1.49%
    ENGINEERING0.79%INVESTMENTS1.49%
    IT0.77%GLOBAL1.46%
    S0.76%ASSOCIATES1.44%
    GLOBAL0.74%DEVELOPMENTS1.36%
    DEVELOPMENTS0.74%BUILDING1.31%
    DESIGN0.73%IT1.30%
    HEALTHCARE0.71%MEDIA1.28%
    SECURITY0.70%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied12,268288,953
    82990 - Other business support service activities not elsewhere classified2,14058,522
    99999 - Dormant Company1,96549,474
    70229 - Management consultancy activities other than financial management1,69943,081
    62020 - Information technology consultancy activities1,56130,825
    96090 - Other service activities not elsewhere classified1,45529,218
    86900 - Other human health activities79313,990
    74909 - Other professional, scientific and technical activities not elsewhere classified63819,098
    62090 - Other information technology service activities57912,862
    43390 - Other building completion and finishing5716,052
    43999 - Other specialised construction activities not elsewhere classified5249,080
    41100 - Development of building projects52211,863
    49410 - Freight transport by road49412,485
    43210 - Electrical installation4466,139
    47910 - Retail sale via mail order houses or via Internet43710,200
    41202 - Construction of domestic buildings4237,797
    56103 - Take-away food shops and mobile food stands4218,607
    86101 - Hospital activities4065,043
    68209 - Other letting and operating of own or leased real estate40011,600
    74990 - Non-trading company37613,794

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09374354 PORTERHOUSE BUSINESS CONSULTING LTD 05 Jan 2015
    09380475 JT ELECTRICAL (ENFIELD) LTD 08 Jan 2015
    09390998 AVEBURY RISK LIMITED 15 Jan 2015
    09398443 THE RESTAURANT COMPANY (UK) LTD 21 Jan 2015
    09400144 CMS ENVIRONMENTAL SERVICES LIMITED 21 Jan 2015
    09387420 ANDERSON HAAGMAN CAPITAL PARTNERS LIMITED 13 Jan 2015
    09395981 PAUL LEAROYD LTD 20 Jan 2015
    09405702 CALVY LTD 26 Jan 2015
    09409355 STEPHEN ALFRED CONSULTING LTD 28 Jan 2015
    09376127 THE TATTY TAILOR LIMITED 06 Jan 2015
    09372077 ASSURED MOVES LIMITED 02 Jan 2015
    09378903 MAKE NATION LTD 08 Jan 2015
    09386438 ROCKET TECHNOLOGY LTD 13 Jan 2015
    09387273 EASTER CARS LIMITED 13 Jan 2015
    09387971 DESIGNER CAKES BY JANE LTD 14 Jan 2015
    09389956 JADS TELECOMMUNICATIONS LTD. 15 Jan 2015
    09392855 SUPREME CHEMICALS LIMITED 16 Jan 2015
    09397040 ADVENT IT SOLUTIONS LIMITED 20 Jan 2015
    09398979 THOMAS KOPP DESIGN LIMITED 21 Jan 2015
    09403774 JBW COMPOSITES LIMITED 23 Jan 2015
    09407694 ECO MOTO LIMITED 27 Jan 2015
    09407806 BORDEI EVENTS UK LTD 27 Jan 2015
    OC397798 NEE KAZEN KAI MARTIAL ARTS LLP 28 Jan 2015
    09373694 INDIAN RESTAURANT LEAGUE LIMITED 05 Jan 2015
    09375671 OBLIVION ALLSTARS CHEER LIMITED 06 Jan 2015