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
New Company Registrations
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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-Sea UK 2010 390 203,749 2009 332 182,021 % change 17.5% 11.9% Record Year 2003 (476) 2007 (279,097) New Companies by Half Year
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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-Sea UK 2010 168 98,612 2009 154 90,987 % change 9.1% 8.4% Record Year 1997 (243) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 60 56 52 New companies in 2009 52 56 46 % change 15.4% 0.0% 13.0% Record Year 1997 (105) 2002 (77) 2003 (84)
Closed Companies (dissolved)
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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-Sea UK 2010 411 177,631 2009 474 289,236 % change -13.3% -38.6% Record Year 2009 (474) 2009 (289,236) Dissolved Companies by Half Year
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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-Sea UK 2010 206 94,954 2009 298 181,176 % change -30.9% -47.6% Record Year 2009 (298) 2009 (181,176) Dissolved Companies by Quarter
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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
April May June Closed companies in 2010 47 67 92 Closed companies in 2009 90 125 83 % change -47.8% -46.4% 11% Record Year 2009 (90) 2009 (125) 2010 (92)
Net Company Growth
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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-Sea UK 2010 -21 26,118 2009 -142 -107,215 Record Year 1997 (367) 2007 (171,296) Net Growth by Half Year
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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-Sea UK 2010 -38 3,658 2009 -144 -90,189 Record Year 1997 (190) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 13 -11 -40 Net growth in 2009 -38 -69 -37 Record Year 1997 (101) 1999 (49) 2008 (45)
UK Company Share
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1974 (0.5%) Company Share by Half Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1973 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.2% 0.2% 0.1% UK formation share in 2009 0.2% 0.2% 0.1% % change 6.1% -4.7% 1.7% Record Year 1971 (0.7%) 1970 (0.9%) 1974 (0.8%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.79% MANAGEMENT 5.01% ESSEX 1.11% CONSULTING 4.79% CONSULTING 1.11% CONSULTANCY 3.02% CONSTRUCTION 1.02% PROPERTY 2.40% TRADING 1.02% ASSOCIATES 2.02% PROPERTY 0.94% TRADING 2.01% CONSULTANCY 0.85% DESIGN 1.91% CARE 0.85% CONSTRUCTION 1.85% MEDIA 0.77% MEDIA 1.80% SOUTHEND 0.77% BUSINESS 1.75% CONSULTANTS 0.77% CONSULTANTS 1.71% GROUND 0.68% INTERNATIONAL 1.59% SYSTEMS 0.68% ENGINEERING 1.56% INVESTMENTS 0.68% LONDON 1.52% ENTERPRISES 0.60% INVESTMENTS 1.49% GATEWAY 0.60% J 1.46% BUILDING 0.51% CARE 1.41% MAINTENANCE 0.51% GLOBAL 1.39% LEISURE 0.51% PROPERTIES 1.35% J 0.51% BUILDING 1.33% RENT 0.51% M 1.29% PROJECT 0.51% IT 1.28% ROAD 0.43% ELECTRICAL 1.27% R 0.43% GROUP 1.25% FINANCIAL 0.43% DEVELOPMENTS 1.25%
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 310 207,125 7487 - Other business activities 246 68,525 82990 - Other business support service activities not elsewhere classified 65 25,942 96090 - Other service activities not elsewhere classified 61 7,922 62020 - Information technology consultancy activities 41 8,590 7222 - Other software consultancy and supply 25 8,285 7499 - Non-trading company 23 13,997 99999 - Dormant Company 21 14,342 9999 - Dormant Company 18 19,842 70229 - Management consultancy activities other than financial management 15 13,490 5530 - Restaurants 15 4,879 7260 - Other computer related activities 13 9,122 43210 - Electrical installation 13 2,859 7414 - Business & management consultancy 13 14,598 4521 - General construction & civil engineering 13 8,262 43999 - Other specialised construction activities not elsewhere classified 11 2,739 62090 - Other information technology service activities 11 5,854 7011 - Development & sell real estate 10 4,579 43220 - Plumbing, heat and air-conditioning installation 8 2,068 4534 - Other building installation 8 2,652
Recent Companies
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Randomly selected companies from this quarter
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