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
New Company Registrations
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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) Essex UK 2015 7,409 161,156 2014 6,401 150,722 % change 15.7% 6.9% Record Year 2015 (7,409) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 2,289 2,401 2,719 New companies in 2014 1,947 2,102 2,352 % change 17.6% 14.2% 15.6% Record Year 2015 (2,289) 2015 (2,401) 2015 (2,719)
Closed Companies (dissolved)
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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) Essex UK 2015 3,977 89,523 2014 3,757 82,370 % change 5.9% 8.7% Record Year 2013 (4,010) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 1,025 1,385 1,567 Closed companies in 2014 1,146 1,334 1,277 % change -10.6% 3.8% 23% Record Year 2013 (1,713) 2015 (1,385) 2009 (2,582)
Net Company Growth
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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) Essex UK 2015 3,432 71,633 2014 2,644 68,352 Record Year 2015 (3,432) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 1,264 1,016 1,152 Net growth in 2014 801 768 1,075 Record Year 2015 (1,264) 2007 (1,037) 2007 (1,611)
UK Company Share
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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 2015 4.6% 2014 4.2% 2013 4.4% 2012 4.2% 2011 4.3% Record Year (since 1960) 1997 (4.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 4.8% 4.6% 4.5% UK formation share in 2014 4.1% 4.4% 4.2% % change 15.3% 5.2% 5.4% Record Year 2015 (4.8%) 1994 (5.6%) 1997 (5.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.96% CONSULTING 5.23% MANAGEMENT 2.45% MANAGEMENT 4.56% CONSULTANCY 2.18% CONSULTANCY 3.62% CONSTRUCTION 1.91% PROPERTY 2.72% CARE 1.57% CONSTRUCTION 2.19% PROPERTY 1.55% CARE 2.13% ELECTRICAL 1.54% ENGINEERING 2.12% LONDON 1.37% LONDON 1.91% ESSEX 1.30% TRADING 1.88% BUILDING 1.17% TRANSPORT 1.82% J 1.06% ELECTRICAL 1.76% CONSULTANTS 0.98% DESIGN 1.65% BUSINESS 0.91% PROPERTIES 1.63% ASSOCIATES 0.89% CO., 1.58% TRADING 0.87% J 1.55% PROPERTIES 0.84% CONSULTANTS 1.54% M 0.82% BUSINESS 1.49% ENGINEERING 0.79% INVESTMENTS 1.49% IT 0.77% GLOBAL 1.46% S 0.76% ASSOCIATES 1.44% GLOBAL 0.74% DEVELOPMENTS 1.36% DEVELOPMENTS 0.74% BUILDING 1.31% DESIGN 0.73% IT 1.30% HEALTHCARE 0.71% MEDIA 1.28% SECURITY 0.70% M 1.27%
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 12,268 288,953 82990 - Other business support service activities not elsewhere classified 2,140 58,522 99999 - Dormant Company 1,965 49,474 70229 - Management consultancy activities other than financial management 1,699 43,081 62020 - Information technology consultancy activities 1,561 30,825 96090 - Other service activities not elsewhere classified 1,455 29,218 86900 - Other human health activities 793 13,990 74909 - Other professional, scientific and technical activities not elsewhere classified 638 19,098 62090 - Other information technology service activities 579 12,862 43390 - Other building completion and finishing 571 6,052 43999 - Other specialised construction activities not elsewhere classified 524 9,080 41100 - Development of building projects 522 11,863 49410 - Freight transport by road 494 12,485 43210 - Electrical installation 446 6,139 47910 - Retail sale via mail order houses or via Internet 437 10,200 41202 - Construction of domestic buildings 423 7,797 56103 - Take-away food shops and mobile food stands 421 8,607 86101 - Hospital activities 406 5,043 68209 - Other letting and operating of own or leased real estate 400 11,600 74990 - Non-trading company 376 13,794
Recent Companies
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Randomly selected companies from this quarter
reports
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