Southend-On-Sea, Essex
Q1 2010 Business Confidence Report
Headlines
- Q1 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous Q1.
- January 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 222 companies were registered in Southend-On-Sea during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 24.7% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Southend-On-Sea UK 2010 222 105,137 2009 178 91,034 % change 24.7% 15.5% Record Year 2003 (246) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 62 68 92 New companies in 2009 46 54 78 % change 34.8% 25.9% 17.9% Record Year 2007 (79) 2003 (84) 2007 (107)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
Q1 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous Q1.
A total of 205 companies were dissolved in Southend-On-Sea during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 16.5% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Southend-On-Sea UK 2010 205 82,677 2009 176 108,060 % change 16.5% -23.5% Record Year 2010 (205) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 62 61 82 Closed companies in 2009 39 35 102 % change 59.0% 74.3% -20% Record Year 2010 (62) 2000 (64) 2009 (102)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Southend-On-Sea during the first quarter of 2010 (Jan 2010 - Mar 2010) was 17 companies.
first quarter (Jan 2010 - Mar 2010) Southend-On-Sea UK 2010 17 22,460 2009 2 -17,026 Record Year 1997 (177) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 0 7 10 Net growth in 2009 7 19 -24 Record Year 1997 (51) 1997 (58) 2007 (70)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Southend-On-Sea formed 0.2% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Southend-On-Sea 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1993 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change 25.0% 7.9% -2.0% Record Year 1966 (0.7%) 1988 (0.6%) 1967 (0.8%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 45.0.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Southend-On-Sea was in 1861 when 40.0% of all directors were female.
29.1% of all director appointments in Southend-On-Sea in the first 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 (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.46% MANAGEMENT 5.01% CONSULTING 1.20% CONSULTING 4.60% CONSTRUCTION 1.20% CONSULTANCY 2.87% CONSULTANCY 0.94% PROPERTY 2.50% TRADING 0.94% ASSOCIATES 2.04% PROPERTY 0.94% TRADING 1.93% SOUTHEND 0.86% DESIGN 1.91% MEDIA 0.77% CONSTRUCTION 1.87% ESSEX 0.77% MEDIA 1.84% CONSULTANTS 0.77% BUSINESS 1.74% CARE 0.69% INTERNATIONAL 1.73% SYSTEMS 0.69% CONSULTANTS 1.63% HOUSE 0.60% ENGINEERING 1.54% INVESTMENTS 0.60% J 1.48% LONDON 0.51% LONDON 1.45% ENTERPRISES 0.51% INVESTMENTS 1.45% GATEWAY 0.51% GROUP 1.37% TRAINING 0.51% GLOBAL 1.35% LEISURE 0.43% PROPERTIES 1.35% ELECTRICAL 0.43% BUILDING 1.34% ASSOCIATES 0.43% CARE 1.33% J 0.43% ELECTRICAL 1.30% FINANCIAL 0.43% M 1.28% CONTRACTORS 0.43% SYSTEMS 1.25% ENGINEERING 0.43% 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 329 228,645 7487 - Other business activities 257 74,904 96090 - Other service activities not elsewhere classified 72 8,154 82990 - Other business support service activities not elsewhere classified 56 26,974 62020 - Information technology consultancy activities 53 9,943 7222 - Other software consultancy and supply 29 9,659 7499 - Non-trading company 24 15,398 5530 - Restaurants 20 4,798 4521 - General construction & civil engineering 19 9,325 99999 - Dormant Company 19 13,808 9999 - Dormant Company 18 19,948 70229 - Management consultancy activities other than financial management 16 14,007 7260 - Other computer related activities 14 10,331 43210 - Electrical installation 14 3,163 7414 - Business & management consultancy 13 17,003 7011 - Development & sell real estate 12 5,300 62090 - Other information technology service activities 12 6,340 43999 - Other specialised construction activities not elsewhere classified 11 3,069 4545 - Other building completion 8 3,346 4534 - Other building installation 7 2,840
Recent Companies
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Randomly selected companies from this quarter
reports
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