Southend-On-Sea, Essex

2010 Half Year Business Confidence Report

Headlines

  • June 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous June.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 390 companies were formed in Southend-On-Sea. This figure is 17.5% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Southend-On-Sea occurred in 2003 when a total of 476 were formed.

    Half Year (Jan-Jun)Southend-On-SeaUK
    2010390203,749
    2009332182,021
    % change17.5%11.9%
    Record Year2003 (476)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 168 companies were registered in Southend-On-Sea during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 9.1% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Southend-On-SeaUK
    201016898,612
    200915490,987
    % change9.1%8.4%
    Record Year 1997 (243) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010605652
    New companies in 2009525646
    % change15.4%0.0%13.0%
    Record Year1997 (105)2002 (77)2003 (84)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 411 companies were dissolved in Southend-On-Sea. This figure is 13.3% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Southend-On-Sea occurred in 2009 when a total of 474 were closed.

    Half Year (Jan-Jun)Southend-On-SeaUK
    2010411177,631
    2009474289,236
    % change-13.3%-38.6%
    Record Year2009 (474)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 206 companies were dissolved in Southend-On-Sea during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 30.9% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Southend-On-SeaUK
    201020694,954
    2009298181,176
    % change-30.9%-47.6%
    Record Year 2009 (298) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010476792
    Closed companies in 20099012583
    % change-47.8%-46.4%11%
    Record Year2009 (90)2009 (125)2010 (92)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Southend-On-Sea decreased by 21 companies.

    Half Year (Jan-Jun)Southend-On-SeaUK
    2010-2126,118
    2009-142-107,215
    Record Year1997 (367)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Southend-On-Sea during the second quarter of 2010 (Apr 2010 - Jun 2010) was -38 companies.

    second quarter (Apr 2010 - Jun 2010)Southend-On-SeaUK
    2010-383,658
    2009-144-90,189
    Record Year 1997 (190) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201013-11-40
    Net growth in 2009-38-69-37
    Record Year1997 (101)1999 (49)2008 (45)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Southend-On-Sea formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jan-Jun)Southend-On-Sea
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1974 (0.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Southend-On-Sea formed 0.2% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Southend-On-Sea
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1973 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.2%0.2%0.1%
    % change6.1%-4.7%1.7%
    Record Year1971 (0.7%)1970 (0.9%)1974 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 43.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Southend-On-Sea was 1861 when 40.0% of all directors were female.

    27.1% of all director appointments in Southend-On-Sea in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Southend-On-Sea was in 1866 when 66.7% of all directors were female.

    23.8% of all director appointments in Southend-On-Sea in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.79%MANAGEMENT5.01%
    ESSEX1.11%CONSULTING4.79%
    CONSULTING1.11%CONSULTANCY3.02%
    CONSTRUCTION1.02%PROPERTY2.40%
    TRADING1.02%ASSOCIATES2.02%
    PROPERTY0.94%TRADING2.01%
    CONSULTANCY0.85%DESIGN1.91%
    CARE0.85%CONSTRUCTION1.85%
    MEDIA0.77%MEDIA1.80%
    SOUTHEND0.77%BUSINESS1.75%
    CONSULTANTS0.77%CONSULTANTS1.71%
    GROUND0.68%INTERNATIONAL1.59%
    SYSTEMS0.68%ENGINEERING1.56%
    INVESTMENTS0.68%LONDON1.52%
    ENTERPRISES0.60%INVESTMENTS1.49%
    GATEWAY0.60%J1.46%
    BUILDING0.51%CARE1.41%
    MAINTENANCE0.51%GLOBAL1.39%
    LEISURE0.51%PROPERTIES1.35%
    J0.51%BUILDING1.33%
    RENT0.51%M1.29%
    PROJECT0.51%IT1.28%
    ROAD0.43%ELECTRICAL1.27%
    R0.43%GROUP1.25%
    FINANCIAL0.43%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied310207,125
    7487 - Other business activities24668,525
    82990 - Other business support service activities not elsewhere classified6525,942
    96090 - Other service activities not elsewhere classified617,922
    62020 - Information technology consultancy activities418,590
    7222 - Other software consultancy and supply258,285
    7499 - Non-trading company2313,997
    99999 - Dormant Company2114,342
    9999 - Dormant Company1819,842
    70229 - Management consultancy activities other than financial management1513,490
    5530 - Restaurants154,879
    7260 - Other computer related activities139,122
    43210 - Electrical installation132,859
    7414 - Business & management consultancy1314,598
    4521 - General construction & civil engineering138,262
    43999 - Other specialised construction activities not elsewhere classified112,739
    62090 - Other information technology service activities115,854
    7011 - Development & sell real estate104,579
    43220 - Plumbing, heat and air-conditioning installation82,068
    4534 - Other building installation82,652

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07238784 AUREUS BROKERS LIMITED 29 Apr 2010
    07234209 KUDOS CARPENTRY LIMITED 26 Apr 2010
    07233582 MULTIPLATA CONSULTING LIMITED 23 Apr 2010
    07229952 ESSEX DISTRIBUTIONS LIMITED 21 Apr 2010
    07229705 VIC BILKEY FLOORING LIMITED 21 Apr 2010
    07229540 PROJECT SOLUTIONS & MANAGEMENT CONTRACT SERVICES LIMITED 20 Apr 2010
    07226615 M J EDWARDS LIMITED 17 Apr 2010
    07223595 VENTURE GENERATION LIMITED 14 Apr 2010
    07220843 KEYBUY LIMITED 13 Apr 2010
    07220824 LOGICPLANT LIMITED 13 Apr 2010
    07217870 WILLIAM ARTHUR CARS LIMITED 09 Apr 2010
    07216399 COMMERCIAL DRYWALL SYSTEMS LIMITED 08 Apr 2010
    07215484 TONY DAVEY CONSULTANTS LIMITED 07 Apr 2010
    07215427 ABSOLUTE ADAPTIONS LIMITED 07 Apr 2010
    07213518 GLENLEE TRADING LTD 06 Apr 2010
    07212757 TALK LEISURE LIMITED 06 Apr 2010
    07240399 DRAGONWOOD LTD 30 Apr 2010
    07240100 NORTHWESTERN FINANCIAL COMPANY LTD 30 Apr 2010
    07235538 TOP ONE BUILD LIMITED 27 Apr 2010
    07231057 DE MONTFORT FOUNDATION LIMITED 21 Apr 2010
    07223075 TJW AIRCRAFT ENGINEERING LIMITED 14 Apr 2010
    07216461 S J COACH SERVICES LIMITED 08 Apr 2010
    07214809 ESSAY ACCOUNTS LTD 07 Apr 2010
    07235016 LERATO CONTRACTS LIMITED 26 Apr 2010
    07231595 CREST APARTMENTS (ILFRACOMBE) LIMITED 22 Apr 2010