Loughton, Essex
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Loughton when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 312 companies were formed in Loughton in 2010. This total is 4.3% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Loughton UK 2010 312 400,358 2009 299 362,675 2008 358 349,203 2007 412 457,649 2006 363 405,440 Record Year 2007 (412) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 142 companies were formed in Loughton. This figure is 8.4% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Loughton occurred in 2008 when a total of 194 were formed.
Half Year (Jul-Dec) Loughton UK 2010 142 196,609 2009 131 180,654 % change 8.4% 8.8% Record Year 2008 (194) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 69 companies were registered in Loughton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 35.3% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Loughton UK 2010 69 95,117 2009 51 85,983 % change 35.3% 10.6% Record Year 2002 (91) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 28 24 17 New companies in 2009 19 21 11 % change 47.4% 14.3% 54.5% Record Year 2005 (38) 2008 (36) 2003 (28)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 394 companies were dissolved in Loughton in 2010. This total is 16.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Loughton UK 2010 394 342,232 2009 469 533,773 2008 235 237,901 2007 273 220,295 2006 237 200,166 Record Year 2009 (469) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 182 companies were dissolved in Loughton. This figure is 22.2% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Loughton occurred in 2009 when a total of 234 were closed.
Half Year (Jul-Dec) Loughton UK 2010 182 164,601 2009 234 244,537 % change -22.2% -32.7% Record Year 2009 (234) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 80 companies were dissolved in Loughton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 25.2% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Loughton UK 2010 80 76,896 2009 107 85,136 % change -25.2% -9.7% Record Year 2009 (107) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Loughton when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 25 37 18 Closed companies in 2009 34 35 38 % change -26.5% 5.7% -53% Record Year 2009 (34) 2010 (37) 2009 (38)
Net Company Growth
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Annual Data (2010)
A total of -82 companies were removed to the company register for Loughton in 2010. This number represents decline of 27.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 88 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2000 when the Loughton company register grew by 259 companies.
Year Loughton UK 2010 -82 58,126 2009 -170 -171,098 2008 123 111,302 2007 139 237,354 2006 126 205,274 Record Year 2000 (259) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Loughton decreased by 40 companies.
Half Year (Jul-Dec) Loughton UK 2010 -40 32,008 2009 -103 -63,883 Record Year 2003 (111) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Loughton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -11 companies.
fourth quarter (Oct 2010 - Dec 2010) Loughton UK 2010 -11 18,221 2009 -56 847 Record Year 2003 (63) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 3 -13 -1 Net growth in 2009 -15 -14 -27 Record Year 2003 (27) 1998 (21) 1996 (19)
UK Company Share
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Annual Data (2010)
In 2010 Loughton formed 0.1% of all UK companies. This is no change on 2009 when Loughton was responsible for 0.1% of all UK companies.
Year Loughton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1977 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Loughton formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Loughton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1977 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Loughton formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Loughton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1977 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.0% % change 29.0% 2.2% 47.2% Record Year 1960 (0.4%) 1977 (0.5%) 1967 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.6.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 43.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.4.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 8.3% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Loughton was 1857 when 36.4% of all directors were female.
The percentage of female directors in Loughton in 2010 was 22.5%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Loughton was 1860 when 42.9% of all directors were female.
22.8% of all director appointments in Loughton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Loughton was in 1977 when 31.1% of all directors were female.
21.6% of all director appointments in Loughton in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.04% CONSULTING 5.06% BUILDING 1.19% MANAGEMENT 5.01% MANAGEMENT 1.02% CONSULTANCY 3.14% LONDON 1.02% PROPERTY 2.36% PROPERTY 0.85% TRADING 2.11% ELECTRICAL 0.85% ASSOCIATES 1.95% CONSULTANTS 0.85% DESIGN 1.92% SECURITY 0.68% BUSINESS 1.82% PROPERTIES 0.68% CONSTRUCTION 1.82% CONSTRUCTION 0.68% CONSULTANTS 1.76% ESSEX 0.68% MEDIA 1.71% S 0.68% ENGINEERING 1.62% LAND 0.51% LONDON 1.60% DEVELOPMENTS 0.51% CARE 1.45% (ESSEX) 0.51% INVESTMENTS 1.44% DESIGN 0.51% GLOBAL 1.43% J 0.51% J 1.42% RECRUITMENT 0.51% IT 1.41% TRADING 0.51% PROPERTIES 1.34% CONSULTANCY 0.51% INTERNATIONAL 1.34% PEAK 0.51% BUILDING 1.34% ASSOCIATES 0.51% M 1.30% FOOD 0.51% ELECTRICAL 1.25% INVESTMENTS 0.51% SYSTEMS 1.24% CREATIVE 0.51% S 1.23%
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 160 199,572 7487 - Other business activities 86 63,348 82990 - Other business support service activities not elsewhere classified 36 27,550 7499 - Non-trading company 20 12,000 41100 - Development of building projects 16 3,765 9999 - Dormant Company 13 20,144 74990 - Non-trading company 12 8,243 9305 - Other service activities 12 8,858 99999 - Dormant Company 12 16,285 70229 - Management consultancy activities other than financial management 11 14,505 7414 - Business & management consultancy 10 13,474 69201 - Accounting and auditing activities 7 3,088 96090 - Other service activities not elsewhere classified 6 8,799 68209 - Other letting and operating of own or leased real estate 5 3,755 5248 - Other retail specialised stores 5 2,016 7222 - Other software consultancy and supply 5 7,298 7011 - Development & sell real estate 5 2,949 4545 - Other building completion 5 2,598 7450 - Labour recruitment 4 2,783 9262 - Other sporting activities 4 1,599
Recent Companies
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Randomly selected companies from this quarter
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