Witham, Essex
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Witham when compared to any year in history.
- December 2014 saw a new record in company registrations in Witham when compared to any previous December.
- November 2014 saw a new record in company registrations in Witham when compared to any previous November.
- December 2014 saw a new record in company closures in Witham when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Witham when compared to any year in history.
A total of 221 companies were formed in Witham in 2014. This total is 6.8% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Witham UK 2014 221 582,051 2013 207 529,363 2012 166 491,893 2011 130 452,870 2010 149 400,358 Record Year 2014 (221) 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 91 companies were formed in Witham. This figure is 18.0% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Witham occurred in 2013 when a total of 111 were formed.
Half Year (Jul-Dec) Witham UK 2014 91 281,320 2013 111 259,931 % change -18.0% 8.2% Record Year 2013 (111) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 51 companies were registered in Witham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 10.5% versus the same period last year (Q4 2013). This figure compares badly 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) Witham UK 2014 51 137,906 2013 57 127,247 % change -10.5% 8.4% Record Year 2013 (57) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Witham when compared to any previous December.
November 2014 saw a new record in company registrations in Witham when compared to any previous November.
New Companies by Month
October November December New companies in 2014 15 18 18 New companies in 2013 25 16 16 % change -40.0% 12.5% 12.5% Record Year 2012 (28) 2014 (18) 2014 (18)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 131 companies were dissolved in Witham in 2014. This total is 19.1% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Witham UK 2014 131 367,937 2013 110 332,213 2012 89 293,729 2011 113 314,524 2010 87 342,233 Record Year 2009 (172) 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 76 companies were dissolved in Witham. This figure is 49.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Witham occurred in 2009 when a total of 77 were closed.
Half Year (Jul-Dec) Witham UK 2014 76 190,730 2013 51 177,021 % change 49.0% 7.7% Record Year 2009 (77) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 30 companies were dissolved in Witham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 6.3% versus the same period last year (Q4 2013). This figure compares well 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) Witham UK 2014 30 89,060 2013 32 90,851 % change -6.3% -2.0% Record Year 2013 (32) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Witham when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 8 9 13 Closed companies in 2013 13 11 8 % change -38.5% -18.2% 63% Record Year 2012 (15) 2009 (15) 2014 (13)
Net Company Growth
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Annual Data (2014)
A total of 90 companies were added to the company register for Witham in 2014. This number represents growth of 40.7% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 7 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Witham company register grew by 97 companies.
Year Witham UK 2014 90 214,114 2013 97 197,150 2012 77 198,164 2011 17 138,346 2010 62 58,125 Record Year 2013 (97) 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 Witham increased by 15 companies.
Half Year (Jul-Dec) Witham UK 2014 15 90,590 2013 60 82,910 Record Year 1995 (77) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Witham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 21 companies.
fourth quarter (Oct 2014 - Dec 2014) Witham UK 2014 21 48,846 2013 25 36,396 Record Year 2008 (29) 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 7 9 5 Net growth in 2013 12 5 8 Record Year 2008 (14) 2008 (11) 2012 (9)
UK Company Share
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Annual Data (2014)
In 2014 Witham formed 0.0% of all UK companies. This is no change on 2013 when Witham was responsible for 0.0% of all UK companies.
Year Witham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1995 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Witham formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Witham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1995 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Witham formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Witham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1995 (0.1%) 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 0.0% 0.0% 0.0% UK formation share in 2013 0.1% 0.0% 0.0% % change -42.9% 6.7% -3.7% Record Year 1999 (0.1%) 1994 (0.1%) 1992 (0.1%)
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 3.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.5% 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 43.9.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.5% 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 43.0.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.2% 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 Witham was 1979 when 100.0% of all directors were female.
The percentage of female directors in Witham in 2014 was 23.1%. 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 Witham was 2007 when 37.1% of all directors were female.
24.1% of all director appointments in Witham 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 Witham was in 2011 when 42.6% of all directors were female.
22.9% of all director appointments in Witham 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 CONSTRUCTION 1.64% CONSULTING 5.22% INVESTMENTS 1.41% MANAGEMENT 4.58% CONSULTING 1.41% CONSULTANCY 3.57% PARKS 1.17% PROPERTY 2.66% AQUA 1.17% CONSTRUCTION 2.12% FUN 1.17% ENGINEERING 2.10% ESSEX 0.94% CARE 2.02% CONTRACTORS 0.70% TRADING 1.94% STREET 0.70% LONDON 1.93% MANAGEMENT 0.70% TRANSPORT 1.93% BRAXTED 0.47% DESIGN 1.66% BUILDING 0.47% CONSULTANTS 1.64% SYSTEMS 0.47% ELECTRICAL 1.62% DAVIS 0.47% PROPERTIES 1.62% TRADING 0.47% BUSINESS 1.56% S 0.47% J 1.54% JAMES 0.47% CO., 1.50% MEDIA 0.47% GLOBAL 1.49% M 0.47% INVESTMENTS 1.48% WITHAM 0.47% ASSOCIATES 1.47% HIRE 0.47% DEVELOPMENTS 1.35% LONDON 0.47% MEDIA 1.33% DEVELOPMENTS 0.47% IT 1.31% C 0.47% BUILDING 1.29% HAND 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 81 265,608 82990 - Other business support service activities not elsewhere classified 21 58,068 70229 - Management consultancy activities other than financial management 18 42,290 62020 - Information technology consultancy activities 14 30,178 99999 - Dormant Company 14 48,509 43210 - Electrical installation 9 5,985 68100 - Buying and selling of own real estate 8 7,106 74909 - Other professional, scientific and technical activities not elsewhere classified 7 19,049 43290 - Other construction installation 6 3,286 47910 - Retail sale via mail order houses or via Internet 6 10,107 56101 - Licensed restaurants 6 8,782 43999 - Other specialised construction activities not elsewhere classified 5 8,761 86220 - Specialists medical practice activities 5 4,031 96020 - Hairdressing and other beauty treatment 5 6,742 46900 - Non-specialised wholesale trade 4 3,333 45200 - Maintenance and repair of motor vehicles 4 5,425 41100 - Development of building projects 4 11,397 90030 - Artistic creation 4 4,610 96090 - Other service activities not elsewhere classified 4 29,009 62012 - Business and domestic software development 4 9,752
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09243606 LIFCHILD CLOSE 1965 LIMITED 01 Oct 2014 09245608 AQUAJET POWER CLEAN LIMITED 02 Oct 2014 09245748 SORREL PROJECTS LIMITED 02 Oct 2014 09245787 LETO ELECTRICAL LTD 02 Oct 2014 09249056 CARRIAGE COMPANY ESSEX LIMITED 06 Oct 2014 09264466 BUBBLES SQUEAKY CLEAN LTD 15 Oct 2014 09264808 WR7 LIMITED 15 Oct 2014 09266836 LIME AVENUE ANTIQUES LIMITED 16 Oct 2014 09272685 DPS DEVELOPMENT SOLUTIONS LIMITED 21 Oct 2014 09273180 BISTRO GOURMET LTD 21 Oct 2014 09273479 UNIQUE ESM LIMITED 21 Oct 2014 09275619 CJMATRIARCH LIMITED 22 Oct 2014 09277312 KUZU KEBAB LTD 23 Oct 2014 09277557 GRATIS TRADES LIMITED 23 Oct 2014 09284156 BBM AUTOS LTD 28 Oct 2014