Southend-On-Sea, Essex
2014 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2014)
A total of 478 companies were formed in Southend-On-Sea in 2014. This total is 5.0% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Southend-On-Sea UK 2014 478 582,051 2013 503 529,363 2012 649 491,893 2011 759 452,870 2010 768 400,358 Record Year 2010 (768) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 245 companies were formed in Southend-On-Sea. This figure is 20.7% higher than last year, which compares well to the UK wide figure of 8.2%.
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 2014 245 281,320 2013 203 259,931 % change 20.7% 8.2% Record Year 1997 (447) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 119 companies were registered in Southend-On-Sea during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 21.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Southend-On-Sea UK 2014 119 137,906 2013 98 127,247 % change 21.4% 8.4% Record Year 2010 (185) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 45 51 23 New companies in 2013 44 36 18 % change 2.3% 41.7% 27.8% Record Year 2003 (83) 2005 (78) 1997 (75)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 296 companies were dissolved in Southend-On-Sea in 2014. This total is 2.6% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Southend-On-Sea UK 2014 296 367,937 2013 304 332,213 2012 753 293,729 2011 670 314,524 2010 786 342,233 Record Year 2009 (954) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 151 companies were dissolved in Southend-On-Sea. This figure is 30.2% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Southend-On-Sea occurred in 2009 when a total of 483 were closed.
Half Year (Jul-Dec) Southend-On-Sea UK 2014 151 190,730 2013 116 177,021 % change 30.2% 7.7% Record Year 2009 (483) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 67 companies were dissolved in Southend-On-Sea during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 1.5% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Southend-On-Sea UK 2014 67 89,060 2013 66 90,851 % change 1.5% -2.0% Record Year 2009 (219) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 17 19 31 Closed companies in 2013 24 21 21 % change -29.2% -9.5% 48% Record Year 2002 (78) 2010 (89) 2009 (93)
Net Company Growth
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Annual Data (2014)
A total of 182 companies were added to the company register for Southend-On-Sea in 2014. This number represents growth of 38.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 17 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Southend-On-Sea company register grew by 344 companies.
Year Southend-On-Sea UK 2014 182 214,114 2013 199 197,150 2012 -104 198,164 2011 89 138,346 2010 -18 58,125 Record Year 2005 (344) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Southend-On-Sea increased by 94 companies.
Half Year (Jul-Dec) Southend-On-Sea UK 2014 94 90,590 2013 87 82,910 Record Year 1997 (321) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Southend-On-Sea during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 52 companies.
fourth quarter (Oct 2014 - Dec 2014) Southend-On-Sea UK 2014 52 48,846 2013 32 36,396 Record Year 2005 (66) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 28 32 -8 Net growth in 2013 20 15 -3 Record Year 2003 (61) 1994 (56) 1997 (59)
UK Company Share
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Annual Data (2014)
In 2014 Southend-On-Sea formed 0.1% of all UK companies. This is no change on 2013 when Southend-On-Sea was responsible for 0.1% of all UK companies.
Year Southend-On-Sea 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Southend-On-Sea formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Southend-On-Sea 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Southend-On-Sea formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Southend-On-Sea 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -2.7% 34.5% 9.2% Record Year 1992 (0.6%) 1991 (0.5%) 1991 (0.6%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.3.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.2.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.2% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 41.1.
The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Southend-On-Sea was 1982 when 100.0% of all directors were female.
The percentage of female directors in Southend-On-Sea in 2014 was 24.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Southend-On-Sea was 2006 when 31.3% of all directors were female.
22.9% of all director appointments in Southend-On-Sea in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Southend-On-Sea was in 2007 when 31.3% of all directors were female.
19.1% of all director appointments in Southend-On-Sea in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 3.86% CONSULTING 5.22% ESSEX 1.99% MANAGEMENT 4.58% CONSULTANCY 1.64% CONSULTANCY 3.57% ELECTRICAL 0.94% PROPERTY 2.66% CARE 0.94% CONSTRUCTION 2.12% D 0.94% ENGINEERING 2.10% INSTALLATIONS 0.94% CARE 2.02% J 0.82% TRADING 1.94% GATEWAY 0.82% LONDON 1.93% TRADE 0.70% TRANSPORT 1.93% (ESSEX) 0.70% DESIGN 1.66% BUILDING 0.70% CONSULTANTS 1.64% P 0.70% ELECTRICAL 1.62% CONSTRUCTION 0.59% PROPERTIES 1.62% DEVELOPMENTS 0.59% BUSINESS 1.56% TRADING 0.59% J 1.54% C 0.47% CO., 1.50% PLUMBING 0.47% GLOBAL 1.49% FINANCE 0.47% INVESTMENTS 1.48% RESTAURANT 0.47% ASSOCIATES 1.47% ENERGY 0.47% DEVELOPMENTS 1.35% BUILDERS 0.47% MEDIA 1.33% HEALTH 0.47% IT 1.31% COURT 0.47% BUILDING 1.29% SOUTHEND 0.47% M 1.22%
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 296 265,608 82990 - Other business support service activities not elsewhere classified 74 58,068 99999 - Dormant Company 47 48,509 98000 - Residents property management 37 5,255 70229 - Management consultancy activities other than financial management 31 42,290 62020 - Information technology consultancy activities 27 30,178 96090 - Other service activities not elsewhere classified 27 29,009 56101 - Licensed restaurants 20 8,782 56103 - Take-away food shops and mobile food stands 18 8,318 45200 - Maintenance and repair of motor vehicles 17 5,425 86900 - Other human health activities 17 12,976 43390 - Other building completion and finishing 15 5,931 74909 - Other professional, scientific and technical activities not elsewhere classified 15 19,049 43999 - Other specialised construction activities not elsewhere classified 13 8,761 64999 - Financial intermediation not elsewhere classified 12 6,083 43220 - Plumbing, heat and air-conditioning installation 12 5,189 47910 - Retail sale via mail order houses or via Internet 11 10,107 68209 - Other letting and operating of own or leased real estate 10 11,212 96020 - Hairdressing and other beauty treatment 10 6,742 74100 - specialised design activities 8 4,841
Recent Companies
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Randomly selected companies from this quarter
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