Witham, Essex

2010 Annual Business Confidence Report

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. Annual Data (2010)

    A total of 149 companies were formed in Witham in 2010. This total is 4.2% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWithamUK
    2010149400,358
    2009143362,675
    2008130349,203
    2007165457,649
    2006126405,440
    Record Year2007 (165)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 63 companies were formed in Witham. This figure is 27.6% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Witham occurred in 2009 when a total of 87 were formed.

    Half Year (Jul-Dec)WithamUK
    201063196,609
    200987180,654
    % change-27.6%8.8%
    Record Year2009 (87)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 30 companies were registered in Witham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 26.8% versus the same period last year (Q4 2009). This figure compares badly 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)WithamUK
    20103095,117
    20094185,983
    % change-26.8%10.6%
    Record Year 2009 (41) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201012135
    New companies in 2009161213
    % change-25.0%8.3%-61.5%
    Record Year2009 (16)2008 (14)2009 (13)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 87 companies were dissolved in Witham in 2010. This total is 49.4% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWithamUK
    201087342,232
    2009172533,773
    200871237,901
    200780220,295
    200695200,166
    Record Year2009 (172)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 36 companies were dissolved in Witham. This figure is 53.2% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Witham occurred in 2009 when a total of 77 were closed.

    Half Year (Jul-Dec)WithamUK
    201036164,601
    200977244,537
    % change-53.2%-32.7%
    Record Year2009 (77)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 15 companies were dissolved in Witham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 53.1% 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)WithamUK
    20101576,896
    20093285,136
    % change-53.1%-9.7%
    Record Year 2009 (32) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010753
    Closed companies in 200911156
    % change-36.4%-66.7%-50%
    Record Year2009 (11)2009 (15)2003 (9)

Net Company Growth

  1. Annual Data (2010)

    A total of 62 companies were added to the company register for Witham in 2010. This number represents growth of 43.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 91 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 1995 when the Witham company register grew by 126 companies.

    YearWithamUK
    20106258,126
    2009-29-171,098
    200859111,302
    200785237,354
    200631205,274
    Record Year1995 (126)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Witham increased by 27 companies.

    Half Year (Jul-Dec)WithamUK
    20102732,008
    200910-63,883
    Record Year1995 (77)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Witham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 15 companies.

    fourth quarter (Oct 2010 - Dec 2010)WithamUK
    20101518,221
    20099847
    Record Year 2008 (29) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010582
    Net growth in 20095-37
    Record Year1999 (12)2008 (11)2009 (7)

UK Company Share

  1. Annual Data (2010)

    In 2010 Witham formed 0.0% of all UK companies. This is no change on 2009 when Witham was responsible for 0.0% of all UK companies.

    YearWitham
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1971 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Witham formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Witham
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1971 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Witham formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Witham
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1971 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.1%0.0%0.1%
    % change-34.3%-3.3%-63.5%
    Record Year1971 (0.5%)1968 (0.2%)1981 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.7.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.2.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 13.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Witham was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Witham in 2010 was 29.1%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Witham was 1860 when 42.9% of all directors were female.

    23.1% of all director appointments in Witham 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
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Witham was in 1977 when 31.1% of all directors were female.

    13.3% of all director appointments in Witham 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

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.67%CONSULTING5.06%
    MANAGEMENT1.34%MANAGEMENT5.01%
    ENERGY1.00%CONSULTANCY3.14%
    TRADING1.00%PROPERTY2.36%
    PROPERTY1.00%TRADING2.11%
    J1.00%ASSOCIATES1.95%
    TRAINING1.00%DESIGN1.92%
    S1.00%BUSINESS1.82%
    INTERIORS0.67%CONSTRUCTION1.82%
    C0.67%CONSULTANTS1.76%
    COMMUNITY0.67%MEDIA1.71%
    R0.67%ENGINEERING1.62%
    GROUNDWORKS0.67%LONDON1.60%
    FINANCIAL0.67%CARE1.45%
    SPORTS0.67%INVESTMENTS1.44%
    CHEVAL0.67%GLOBAL1.43%
    CONSTRUCTION0.67%J1.42%
    INDEPENDENCE0.67%IT1.41%
    CAPITOL0.67%PROPERTIES1.34%
    SQUARE0.67%INTERNATIONAL1.34%
    ROOFING0.67%BUILDING1.34%
    ESSEX0.67%M1.30%
    PERFORMANCE0.67%ELECTRICAL1.25%
    P0.67%SYSTEMS1.24%
    WITHAM0.67%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied74199,572
    82990 - Other business support service activities not elsewhere classified2927,550
    7487 - Other business activities2263,348
    70229 - Management consultancy activities other than financial management914,505
    9999 - Dormant Company620,144
    9305 - Other service activities68,858
    74990 - Non-trading company58,243
    62020 - Information technology consultancy activities59,177
    7222 - Other software consultancy and supply47,298
    7499 - Non-trading company412,000
    7450 - Labour recruitment32,783
    43290 - Other construction installation31,315
    7414 - Business & management consultancy313,474
    7260 - Other computer related activities38,089
    4531 - Installation electrical wiring etc.32,170
    4521 - General construction & civil engineering36,598
    68320 - Management of real estate on a fee or contract basis23,097
    96090 - Other service activities not elsewhere classified28,799
    5248 - Other retail specialised stores22,016
    5530 - Restaurants24,939

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07449851 FAITH PERFORMANCE COACHING & TRAINING LIMITED 24 Nov 2010
    07449773 KARMA RELOCATIONS LIMITED 24 Nov 2010
    07448251 A & P CONTRACTS AND RAIL LIMITED 23 Nov 2010
    07445822 WITHAM ELECTRICAL LIMITED 22 Nov 2010
    07443305 VINEYARD SOLUTIONS LTD 18 Nov 2010
    07442638 ANGEL CAKE INTERIORS LTD 17 Nov 2010
    07439267 TERRECHEM LIMITED 15 Nov 2010
    07439160 ESSEX ECO BODIES LTD 15 Nov 2010
    07437693 HI-VELOCITY UK LIMITED 11 Nov 2010
    07437094 LONDON GATEWAY NETWORKS LIMITED 11 Nov 2010
    07435578 COOLLAVA LIMITED 10 Nov 2010
    07433776 FOSTER & GEVAUX LTD 09 Nov 2010
    07433409 FDS GROUNDWORKS LTD 09 Nov 2010

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