Bromley, Kent

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Bromley when compared to any previous second half year.
  • November 2010 saw a new record in company registrations in Bromley when compared to any previous November.
  • October 2010 saw a new record in company registrations in Bromley when compared to any previous October.

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 708 companies were formed in Bromley in 2010. This total is 8.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBromleyUK
    2010708400,358
    2009653362,675
    2008631349,203
    2007794457,649
    2006683405,440
    Record Year2007 (794)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Bromley when compared to any previous second half year.

    In the second half of 2010 a total of 357 companies were formed in Bromley. This figure is 13.3% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Bromley occurred in 2010 when a total of 357 were formed.

    Half Year (Jul-Dec)BromleyUK
    2010357196,609
    2009315180,654
    % change13.3%8.8%
    Record Year2010 (357)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 167 companies were registered in Bromley during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 27.5% 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)BromleyUK
    201016795,117
    200913185,983
    % change27.5%10.6%
    Record Year 2003 (173) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Bromley when compared to any previous November.

    October 2010 saw a new record in company registrations in Bromley when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010666239
    New companies in 2009414545
    % change61.0%37.8%-13.3%
    Record Year2003 (66)2010 (62)2003 (57)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 603 companies were dissolved in Bromley in 2010. This total is 29.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBromleyUK
    2010603342,232
    2009857533,773
    2008357237,901
    2007448220,295
    2006453200,166
    Record Year2009 (857)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 280 companies were dissolved in Bromley. This figure is 20.5% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Bromley occurred in 2009 when a total of 352 were closed.

    Half Year (Jul-Dec)BromleyUK
    2010280164,601
    2009352244,537
    % change-20.5%-32.7%
    Record Year2009 (352)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 131 companies were dissolved in Bromley during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 15.5% 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)BromleyUK
    201013176,896
    200915585,136
    % change-15.5%-9.7%
    Record Year 2009 (155) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010524831
    Closed companies in 2009544259
    % change-3.7%14.3%-47%
    Record Year2009 (54)2010 (48)2009 (59)

Net Company Growth

  1. Annual Data (2010)

    A total of 105 companies were added to the company register for Bromley in 2010. This number represents growth of 16.1% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 309 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Bromley company register grew by 346 companies.

    YearBromleyUK
    201010558,126
    2009-204-171,098
    2008274111,302
    2007346237,354
    2006230205,274
    Record Year2007 (346)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Bromley increased by 77 companies.

    Half Year (Jul-Dec)BromleyUK
    20107732,008
    2009-37-63,883
    Record Year1998 (159)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Bromley during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 36 companies.

    fourth quarter (Oct 2010 - Dec 2010)BromleyUK
    20103618,221
    2009-24847
    Record Year 1997 (90) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201014148
    Net growth in 2009-133-14
    Record Year2008 (48)1998 (30)1997 (40)

UK Company Share

  1. Annual Data (2010)

    In 2010 Bromley formed 0.2% of all UK companies. This is no change on 2009 when Bromley was responsible for 0.2% of all UK companies.

    YearBromley
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1976 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Bromley formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Bromley
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1976 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Bromley
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1976 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change40.9%23.1%-17.6%
    Record Year1976 (0.6%)1969 (0.6%)1979 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.3.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.7% 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 43.3.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.3% 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 42.1.

    The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.7% 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 Bromley was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Bromley in 2010 was 28.6%. 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 Bromley was 1860 when 42.9% of all directors were female.

    28.4% of all director appointments in Bromley 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 Bromley was in 1977 when 31.1% of all directors were female.

    24.5% of all director appointments in Bromley 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
    CONSULTING1.78%CONSULTING5.06%
    MANAGEMENT1.19%MANAGEMENT5.01%
    CONSULTANCY1.10%CONSULTANCY3.14%
    CARE0.93%PROPERTY2.36%
    CONSTRUCTION0.85%TRADING2.11%
    RECRUITMENT0.76%ASSOCIATES1.95%
    CONSULTANTS0.76%DESIGN1.92%
    ASSOCIATES0.68%BUSINESS1.82%
    LONDON0.68%CONSTRUCTION1.82%
    GREEN0.59%CONSULTANTS1.76%
    PROPERTY0.59%MEDIA1.71%
    BUSINESS0.59%ENGINEERING1.62%
    BROMLEY0.51%LONDON1.60%
    INVESTMENTS0.51%CARE1.45%
    INTERIORS0.51%INVESTMENTS1.44%
    ENTERPRISES0.51%GLOBAL1.43%
    BUILDING0.51%J1.42%
    BUILDERS0.51%IT1.41%
    MARKETING0.42%PROPERTIES1.34%
    J0.42%INTERNATIONAL1.34%
    DESIGN0.42%BUILDING1.34%
    MEDIA0.42%M1.30%
    TREE0.42%ELECTRICAL1.25%
    ROAD0.42%SYSTEMS1.24%
    GLOBAL0.42%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied335199,572
    7487 - Other business activities11063,348
    82990 - Other business support service activities not elsewhere classified4627,550
    7414 - Business & management consultancy3613,474
    99999 - Dormant Company3116,285
    7222 - Other software consultancy and supply297,298
    70229 - Management consultancy activities other than financial management2814,505
    62020 - Information technology consultancy activities279,177
    9999 - Dormant Company2420,144
    7260 - Other computer related activities228,089
    96090 - Other service activities not elsewhere classified188,799
    62090 - Other information technology service activities186,330
    9305 - Other service activities178,858
    74909 - Other professional, scientific and technical activities not elsewhere classified157,088
    41100 - Development of building projects133,765
    98000 - Residents property management133,235
    69201 - Accounting and auditing activities123,088
    43210 - Electrical installation122,980
    4521 - General construction & civil engineering116,598
    7499 - Non-trading company1012,000

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07480158 HOUSE OF BAGS LIMITED 30 Dec 2010
    07480109 BOND AND WHITE LIMITED 30 Dec 2010
    07478998 WILLOWDENE CONSULTANCY LIMITED 29 Dec 2010
    07477912 NT CONCEPT LIMITED 23 Dec 2010
    07477501 HENGRACE CONSULTING LIMITED 23 Dec 2010
    07476408 AMARI NUTRITION LTD 22 Dec 2010
    07475292 OSTC INVESTMENTS LIMITED 21 Dec 2010
    07471036 MIDDLEWAY CONSULTING LONDON LIMITED 15 Dec 2010
    07468920 FINISHED GOODS LTD 14 Dec 2010
    07468605 HOWBS LIMITED 14 Dec 2010
    07468523 FLUENT INTERPRETERS LIMITED 14 Dec 2010
    07467118 SILVERARGENT LIMITED 13 Dec 2010
    07465922 MLQ & AFFILIATES LIMITED 10 Dec 2010
    07465050 EXPRESS GOLD STAR LIMITED 09 Dec 2010
    07463391 PROJECT POSITIONS LIMITED 08 Dec 2010
    07461347 PTPROGRESS LTD 06 Dec 2010
    07480093 PBFD LTD 30 Dec 2010
    07472222 AJS RECRUITMENT SOLUTIONS LIMITED 16 Dec 2010
    07480130 THE UDOMSUPS LTD 30 Dec 2010
    07475170 LAUDERDALE HOLDINGS LIMITED 21 Dec 2010
    07474354 GCB ( UK ) SERVICES LTD 20 Dec 2010
    07464516 TWISA LIMITED 08 Dec 2010
    07464400 DATAIT LIMITED 08 Dec 2010
    07463064 CEPRODEV (UK) LIMITED 07 Dec 2010
    07462043 DEE AND SONS LTD 07 Dec 2010