Southend-On-Sea, Essex
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Southend-On-Sea when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 768 companies were formed in Southend-On-Sea in 2010. This total is 14.8% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Southend-On-Sea UK 2010 768 400,358 2009 669 362,675 2008 660 349,203 2007 763 457,649 2006 734 405,440 Record Year 1997 (901) 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 378 companies were formed in Southend-On-Sea. This figure is 12.2% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Southend-On-Sea occurred in 1997 when a total of 447 were formed.
Half Year (Jul-Dec) Southend-On-Sea UK 2010 378 196,609 2009 337 180,654 % change 12.2% 8.8% Record Year 1997 (447) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 185 companies were registered in Southend-On-Sea during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 16.4% 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) Southend-On-Sea UK 2010 185 95,117 2009 159 85,983 % change 16.4% 10.6% Record Year 1997 (212) 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 78 62 45 New companies in 2009 55 55 49 % change 41.8% 12.7% -8.2% Record Year 2003 (83) 2005 (78) 1997 (75)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 793 companies were dissolved in Southend-On-Sea in 2010. This total is 17.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Southend-On-Sea UK 2010 793 342,232 2009 962 533,773 2008 536 237,901 2007 463 220,295 2006 433 200,166 Record Year 2009 (962) 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 382 companies were dissolved in Southend-On-Sea. This figure is 21.7% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Southend-On-Sea occurred in 2009 when a total of 488 were closed.
Half Year (Jul-Dec) Southend-On-Sea UK 2010 382 164,601 2009 488 244,537 % change -21.7% -32.7% Record Year 2009 (488) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 192 companies were dissolved in Southend-On-Sea during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 13.5% 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) Southend-On-Sea UK 2010 192 76,896 2009 222 85,136 % change -13.5% -9.7% Record Year 2009 (222) 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 Southend-On-Sea when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 65 90 37 Closed companies in 2009 61 66 95 % change 6.6% 36.4% -61% Record Year 2002 (78) 2010 (90) 2009 (95)
Net Company Growth
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Annual Data (2010)
A total of -25 companies were removed to the company register for Southend-On-Sea in 2010. This number represents decline of 3.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 268 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 1997 when the Southend-On-Sea company register grew by 686 companies.
Year Southend-On-Sea UK 2010 -25 58,126 2009 -293 -171,098 2008 124 111,302 2007 300 237,354 2006 301 205,274 Record Year 1997 (686) 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 Southend-On-Sea decreased by 4 companies.
Half Year (Jul-Dec) Southend-On-Sea UK 2010 -4 32,008 2009 -151 -63,883 Record Year 1997 (319) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Southend-On-Sea during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -7 companies.
fourth quarter (Oct 2010 - Dec 2010) Southend-On-Sea UK 2010 -7 18,221 2009 -63 847 Record Year 1997 (150) 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 13 -28 8 Net growth in 2009 -6 -11 -46 Record Year 2003 (61) 1996 (48) 1997 (59)
UK Company Share
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Annual Data (2010)
In 2010 Southend-On-Sea formed 0.2% of all UK companies. This is no change on 2009 when Southend-On-Sea was responsible for 0.2% of all UK companies.
Year Southend-On-Sea 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1969 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second 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 (Jul-Dec) Southend-On-Sea 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1969 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Southend-On-Sea formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Southend-On-Sea 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1969 (0.6%) 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 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change 24.2% 0.8% -12.6% Record Year 1960 (0.6%) 1969 (1.3%) 1962 (0.8%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.8.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.6% 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 45.0.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 9.3% 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 45.7.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 14.3% 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 Southend-On-Sea was 1857 when 36.4% of all directors were female.
The percentage of female directors in Southend-On-Sea in 2010 was 32.4%. 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 Southend-On-Sea was 1860 when 42.9% of all directors were female.
23.9% of all director appointments in Southend-On-Sea 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 Southend-On-Sea was in 1977 when 31.1% of all directors were female.
20.6% of all director appointments in Southend-On-Sea 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 MANAGEMENT 1.78% CONSULTING 5.06% CONSULTING 1.21% MANAGEMENT 5.01% ESSEX 1.21% CONSULTANCY 3.14% PROPERTY 0.81% PROPERTY 2.36% BUILDING 0.81% TRADING 2.11% CONSULTANCY 0.81% ASSOCIATES 1.95% GROUND 0.65% DESIGN 1.92% INVESTMENTS 0.65% BUSINESS 1.82% BUSINESS 0.65% CONSTRUCTION 1.82% SOUTHEND 0.65% CONSULTANTS 1.76% J 0.65% MEDIA 1.71% P 0.65% ENGINEERING 1.62% D 0.65% LONDON 1.60% MEDIA 0.57% CARE 1.45% (ESSEX) 0.57% INVESTMENTS 1.44% ENTERPRISES 0.57% GLOBAL 1.43% MAINTENANCE 0.48% J 1.42% T 0.48% IT 1.41% PROJECT 0.48% PROPERTIES 1.34% BEAUTY 0.48% INTERNATIONAL 1.34% SOUTH 0.48% BUILDING 1.34% DIRECT 0.48% M 1.30% RENT 0.48% ELECTRICAL 1.25% SYSTEMS 0.48% SYSTEMS 1.24% CARE 0.48% 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 289 199,572 7487 - Other business activities 249 63,348 96090 - Other service activities not elsewhere classified 81 8,799 82990 - Other business support service activities not elsewhere classified 68 27,550 62020 - Information technology consultancy activities 46 9,177 99999 - Dormant Company 25 16,285 70229 - Management consultancy activities other than financial management 23 14,505 7222 - Other software consultancy and supply 17 7,298 7414 - Business & management consultancy 17 13,474 9999 - Dormant Company 16 20,144 4521 - General construction & civil engineering 15 6,598 5530 - Restaurants 15 4,939 7499 - Non-trading company 15 12,000 7260 - Other computer related activities 14 8,089 43210 - Electrical installation 9 2,980 70100 - Activities of head offices 9 2,862 62090 - Other information technology service activities 9 6,330 43999 - Other specialised construction activities not elsewhere classified 8 2,854 43220 - Plumbing, heat and air-conditioning installation 8 2,187 5263 - Other non-store retail sale 7 1,880
Recent Companies
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Randomly selected companies from this quarter
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