Bromley, Kent

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Bromley when compared to any previous February.
  • January 2010 saw a new record in net growth in Bromley when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 185 companies were registered in Bromley during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 18.6% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BromleyUK
    2010185105,137
    200915691,034
    % change18.6%15.5%
    Record Year 2007 (241) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010604481
    New companies in 2009404274
    % change50.0%4.8%9.5%
    Record Year2006 (60)2007 (75)2007 (110)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 154 companies were dissolved in Bromley during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 11.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BromleyUK
    201015482,677
    2009173108,060
    % change-11.0%-23.5%
    Record Year 2009 (173) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Bromley when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010255475
    Closed companies in 20092734112
    % change-7.4%58.8%-33%
    Record Year2006 (70)2010 (54)2009 (112)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Bromley during the first quarter of 2010 (Jan 2010 - Mar 2010) was 31 companies.

    first quarter (Jan 2010 - Mar 2010)BromleyUK
    20103122,460
    2009-17-17,026
    Record Year 2007 (133) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in net growth in Bromley when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201035-106
    Net growth in 2009138-38
    Record Year2010 (35)2007 (42)2007 (79)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Bromley formed 0.2% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Bromley
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.2%
    Record Year (since 1960) 1976 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.1%0.2%
    UK formation share in 20090.1%0.1%0.2%
    % change39.2%-10.3%-9.1%
    Record Year1977 (0.5%)1976 (0.8%)1969 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 42.6.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Bromley was in 1861 when 40.0% of all directors were female.

    23.8% of all director appointments in Bromley in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.98%MANAGEMENT5.01%
    CONSULTING1.44%CONSULTING4.60%
    CONSULTANCY1.17%CONSULTANCY2.87%
    CONSULTANTS1.08%PROPERTY2.50%
    LONDON1.08%ASSOCIATES2.04%
    PROPERTY0.99%TRADING1.93%
    BETTER0.90%DESIGN1.91%
    LIFE0.90%CONSTRUCTION1.87%
    M0.90%MEDIA1.84%
    J0.90%BUSINESS1.74%
    GLOBAL0.72%INTERNATIONAL1.73%
    CONSTRUCTION0.72%CONSULTANTS1.63%
    INVESTMENTS0.63%ENGINEERING1.54%
    INTERIORS0.63%J1.48%
    TRAINING0.63%LONDON1.45%
    CARE0.63%INVESTMENTS1.45%
    BUSINESS0.63%GROUP1.37%
    EVENTS0.54%GLOBAL1.35%
    S0.54%PROPERTIES1.35%
    BUILDING0.54%BUILDING1.34%
    BROMLEY0.54%CARE1.33%
    (BROMLEY)0.54%ELECTRICAL1.30%
    HOMES0.54%M1.28%
    ASSOCIATES0.54%SYSTEMS1.25%
    ELECTRICAL0.54%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied408228,645
    7487 - Other business activities12574,904
    7414 - Business & management consultancy3817,003
    82990 - Other business support service activities not elsewhere classified3526,974
    7222 - Other software consultancy and supply319,659
    7260 - Other computer related activities2910,331
    70229 - Management consultancy activities other than financial management2914,007
    62020 - Information technology consultancy activities279,943
    9999 - Dormant Company2619,948
    99999 - Dormant Company2413,808
    62090 - Other information technology service activities216,340
    96090 - Other service activities not elsewhere classified198,154
    9305 - Other service activities169,038
    4521 - General construction & civil engineering159,325
    41100 - Development of building projects144,513
    98000 - Residents property management143,892
    7499 - Non-trading company1215,398
    69201 - Accounting and auditing activities113,077
    7011 - Development & sell real estate105,300
    43390 - Other building completion and finishing102,540

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07141284 RAINFOREST GREEN LTD 31 Jan 2010
    07140912 GM GLOBAL LIMITED 29 Jan 2010
    07140697 WRAY & WALLACE LTD 29 Jan 2010
    07140059 CONNECTION SOLUTIONS LTD 29 Jan 2010
    07137406 SNAB MANAGEMENT LIMITED 26 Jan 2010
    07133786 CAST YOU LIMITED 22 Jan 2010
    07131231 NAYYAR HOLDINGS LIMITED 20 Jan 2010
    07131172 BLOSSOM CONSULTANCY LIMITED 20 Jan 2010
    07126881 MYLES ARCHER DESIGNS LIMITED 15 Jan 2010
    07123603 SIMONSOFT UK LIMITED 13 Jan 2010
    07122211 THE PURPLE HAT COMPANY 12 Jan 2010
    07121058 AFFIANCE LIMITED 09 Jan 2010
    07118757 EDGE TECHNOLOGIES LTD 07 Jan 2010
    07116411 TITAN MAINTENANCE SERVICES LTD 05 Jan 2010
    07114818 MEWE PRESS LTD 02 Jan 2010
    07134222 LONDON ARTS ORCHESTRA LTD 22 Jan 2010
    07130345 WOLFS EYE LTD 19 Jan 2010
    07120929 CAPSTONE CS LIMITED 09 Jan 2010
    07123768 THE AMERICAN PANCAKE COMPANY LIMITED 13 Jan 2010
    07136550 RED SQUARE BUSINESS SOLUTIONS LIMITED 26 Jan 2010
    07131167 CHRISTIAN PRISON RESOURCES 20 Jan 2010
    07130742 MELKIS BEDDING LTD 20 Jan 2010
    07130300 SEOD FINANCE LIMITED 19 Jan 2010
    07128681 GC MEDICARE SERVICES LTD 18 Jan 2010
    07118353 THOUGHT BOX RECRUITMENT LTD 07 Jan 2010