Bromley, Kent
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Bromley when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Bromley when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Bromley when compared to any previous Q4.
- October 2011 saw a new record in company registrations in Bromley when compared to any previous October.
- November 2011 saw a new record in company closures in Bromley when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Bromley when compared to any year in history.
A total of 828 companies were formed in Bromley in 2011. This total is 16.9% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Bromley UK 2011 828 452,870 2010 708 400,358 2009 653 362,675 2008 631 349,203 2007 794 457,649 Record Year 2011 (828) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Bromley when compared to any previous second half year.
In the second half of 2011 a total of 408 companies were formed in Bromley. This figure is 14.3% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Bromley occurred in 2011 when a total of 408 were formed.
Half Year (Jul-Dec) Bromley UK 2011 408 224,135 2010 357 196,609 % change 14.3% 14.0% Record Year 2011 (408) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Bromley when compared to any previous Q4.
A total of 184 companies were registered in Bromley during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 10.2% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bromley UK 2011 184 109,623 2010 167 95,117 % change 10.2% 15.3% Record Year 2011 (184) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
October 2011 saw a new record in company registrations in Bromley when compared to any previous October.
New Companies by Month
October November December New companies in 2011 80 62 42 New companies in 2010 66 62 39 % change 21.2% 0.0% 7.7% Record Year 2011 (80) 2010 (62) 2003 (57)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 580 companies were dissolved in Bromley in 2011. This total is 3.8% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Bromley UK 2011 580 314,523 2010 603 342,232 2009 857 533,773 2008 357 237,901 2007 448 220,295 Record Year 2009 (857) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 271 companies were dissolved in Bromley. This figure is 3.2% lower than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Bromley occurred in 2009 when a total of 352 were closed.
Half Year (Jul-Dec) Bromley UK 2011 271 152,213 2010 280 164,601 % change -3.2% -7.5% Record Year 2009 (352) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 143 companies were dissolved in Bromley during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 9.2% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bromley UK 2011 143 79,983 2010 131 76,896 % change 9.2% 4.0% Record Year 2009 (155) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company closures in Bromley when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 36 50 57 Closed companies in 2010 52 48 31 % change -30.8% 4.2% 84% Record Year 2009 (54) 2011 (50) 2009 (59)
Net Company Growth
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Annual Data (2011)
A total of 248 companies were added to the company register for Bromley in 2011. This number represents growth of 35.0% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 143 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.
Year Bromley UK 2011 248 138,347 2010 105 58,126 2009 -204 -171,098 2008 274 111,302 2007 346 237,354 Record Year 2007 (346) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Bromley increased by 137 companies.
Half Year (Jul-Dec) Bromley UK 2011 137 71,922 2010 77 32,008 Record Year 1998 (159) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Bromley during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 41 companies.
fourth quarter (Oct 2011 - Dec 2011) Bromley UK 2011 41 29,640 2010 36 18,221 Record Year 1997 (90) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 44 12 -15 Net growth in 2010 14 14 8 Record Year 2003 (48) 1998 (30) 1997 (40)
UK Company Share
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Annual Data (2011)
In 2011 Bromley formed 0.2% of all UK companies. This is no change on 2010 when Bromley was responsible for 0.2% of all UK companies.
Year Bromley 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1976 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Bromley formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.
Half Year (Jul-Dec) Bromley 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1976 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Bromley formed 0.2% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Bromley 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1976 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.2% 0.2% 0.1% UK formation share in 2010 0.2% 0.2% 0.1% % change 5.4% -14.8% -4.5% Record Year 1976 (0.6%) 1969 (0.6%) 1979 (0.6%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.3.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.6.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 44.6.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 27.5%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
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 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Bromley was in 1977 when 31.1% of all directors were female.
27.1% of all director appointments in Bromley in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.82% CONSULTING 5.07% MANAGEMENT 1.75% MANAGEMENT 4.74% BROMLEY 1.21% CONSULTANCY 3.26% CONSULTANCY 1.21% PROPERTY 2.37% LONDON 1.06% TRADING 2.07% PROPERTY 0.99% DESIGN 1.92% CONSTRUCTION 0.99% ASSOCIATES 1.86% MEDIA 0.91% ENGINEERING 1.78% BUILDING 0.83% BUSINESS 1.78% BUSINESS 0.76% CONSULTANTS 1.76% ASSOCIATES 0.76% CONSTRUCTION 1.73% CONSULTANTS 0.61% MEDIA 1.71% DEVELOPMENTS 0.61% LONDON 1.63% TRADING 0.53% J 1.51% CLEANING 0.53% INVESTMENTS 1.48% SCHOOL 0.53% GLOBAL 1.46% CONTRACTORS 0.53% IT 1.41% ROOFING 0.53% CARE 1.39% INVESTMENTS 0.53% PROPERTIES 1.29% PRODUCTIONS 0.53% ELECTRICAL 1.29% ELECTRICAL 0.46% M 1.27% DESIGN 0.46% BUILDING 1.26% IT 0.46% ENERGY 1.25% GREEN 0.46% S 1.20% (BROMLEY) 0.46% ENTERPRISES 1.20%
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 332 205,525 7487 - Other business activities 102 57,052 82990 - Other business support service activities not elsewhere classified 50 32,483 62020 - Information technology consultancy activities 37 12,072 70229 - Management consultancy activities other than financial management 35 17,765 99999 - Dormant Company 29 21,846 7414 - Business & management consultancy 28 13,034 7222 - Other software consultancy and supply 27 7,398 96090 - Other service activities not elsewhere classified 27 11,768 9999 - Dormant Company 21 20,199 9305 - Other service activities 20 9,492 62090 - Other information technology service activities 18 7,493 7499 - Non-trading company 15 9,957 74909 - Other professional, scientific and technical activities not elsewhere classified 14 8,671 7260 - Other computer related activities 13 7,667 4521 - General construction & civil engineering 12 5,558 41100 - Development of building projects 12 4,331 4534 - Other building installation 10 2,091 78109 - Other activities of employment placement agencies 10 1,784 43390 - Other building completion and finishing 9 2,832
Recent Companies
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Randomly selected companies from this quarter
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