Grays, Essex
Q1 2014 Business Confidence Report

Headlines
- Q1 2014 saw a new record in company registrations in Grays when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Grays when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Grays when compared to any previous March.
- March 2014 was a record month for company registrations in Grays when compared to any month in history.
- February 2014 saw a new record in company registrations in Grays when compared to any previous February.
- January 2014 saw a new record in company registrations in Grays when compared to any previous January.
- March 2014 saw a new record in net growth in Grays when compared to any previous March.
- March 2014 was a record month for net growth in Grays when compared to any month in history.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Grays when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Grays when compared to any quarter in history.
A total of 211 companies were registered in Grays during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 41.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Grays UK 2014 211 150,722 2013 149 134,802 % change 41.6% 11.8% Record Year 2014 (211) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Grays when compared to any previous March.
March 2014 was a record month for company registrations in Grays when compared to any month in history.
February 2014 saw a new record in company registrations in Grays when compared to any previous February.
January 2014 saw a new record in company registrations in Grays when compared to any previous January.
New Companies by Month
January February March New companies in 2014 61 65 85 New companies in 2013 51 42 56 % change 19.6% 54.8% 51.8% Record Year 2014 (61) 2014 (65) 2014 (85)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 97 companies were dissolved in Grays during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 6.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Grays UK 2014 97 82,370 2013 104 77,914 % change -6.7% 5.7% Record Year 2009 (106) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 32 31 34 Closed companies in 2013 48 38 18 % change -33.3% -18.4% 89% Record Year 2013 (48) 2013 (38) 2009 (83)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Grays during the first quarter of 2014 (Jan 2014 - Mar 2014) was 114 companies.
first quarter (Jan 2014 - Mar 2014) Grays UK 2014 114 68,352 2013 45 56,888 Record Year 2014 (114) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in net growth in Grays when compared to any previous March.
March 2014 was a record month for net growth in Grays when compared to any month in history.
Net Growth by Month
January February March Net growth in 2014 29 34 51 Net growth in 2013 3 4 38 Record Year 2009 (31) 2012 (38) 2014 (51)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Grays formed 0.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Grays 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2014 (0.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.2% UK formation share in 2013 0.1% 0.1% 0.1% % change 12.0% 42.9% 26.7% Record Year 2009 (0.1%) 2014 (0.1%) 2014 (0.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 42.3.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Grays was in 2007 when 31.7% of all directors were female.
31.3% of all director appointments in Grays in the first quarter of 2014 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 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.40% CONSULTING 5.22% CONSULTANCY 1.60% MANAGEMENT 4.67% TRANSPORT 1.42% CONSULTANCY 3.49% CARE 1.16% PROPERTY 2.64% MANAGEMENT 0.80% TRADING 2.05% INVESTMENTS 0.71% LONDON 1.88% TRANS 0.71% ENGINEERING 1.86% CONSULTANTS 0.62% CARE 1.79% MAINTENANCE 0.62% CONSTRUCTION 1.75% CONSTRUCTION 0.62% DESIGN 1.75% TRADING 0.53% CONSULTANTS 1.73% HOUSE 0.53% BUSINESS 1.71% SECURITY 0.53% PROPERTIES 1.60% CONTRACTORS 0.53% INVESTMENTS 1.60% VORTEX 0.53% GLOBAL 1.58% ESSEX 0.44% J 1.48% BUILDING 0.44% ASSOCIATES 1.48% LOGISTICS 0.44% MEDIA 1.48% ELECTRICAL 0.44% IT 1.33% ASSOCIATES 0.44% TRANSPORT 1.30% GRAYS 0.44% DEVELOPMENTS 1.29% L 0.44% BUILDING 1.24% INVESTMENT 0.44% M 1.21% BEAUTY 0.44% CAPITAL 1.20% HEALTHCARE 0.36% ELECTRICAL 1.19%
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 338 280,210 82990 - Other business support service activities not elsewhere classified 63 56,411 70229 - Management consultancy activities other than financial management 53 37,882 49410 - Freight transport by road 52 8,014 62020 - Information technology consultancy activities 44 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 29 18,491 99999 - Dormant Company 26 47,084 96090 - Other service activities not elsewhere classified 25 26,700 43210 - Electrical installation 17 5,885 86900 - Other human health activities 17 10,273 62090 - Other information technology service activities 16 12,813 74990 - Non-trading company 15 14,135 64999 - Financial intermediation not elsewhere classified 13 5,537 47910 - Retail sale via mail order houses or via Internet 11 9,358 43390 - Other building completion and finishing 10 5,521 88990 - Other social work activities without accommodation not elsewhere classified 10 3,815 43999 - Other specialised construction activities not elsewhere classified 10 8,155 62012 - Business and domestic software development 9 9,509 78200 - Temporary employment agency activities 9 1,986 45112 - Sale of used cars and light motor vehicles 9 3,177
Recent Companies
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Randomly selected companies from this quarter
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