Bromley, Kent

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Bromley when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Bromley when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Bromley when compared to any previous Q2.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Bromley when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Bromley when compared to any half year in history.

    In the first half of 2014 a total of 550 companies were formed in Bromley. This figure is 5.6% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Bromley occurred in 2014 when a total of 550 were formed.

    Half Year (Jan-Jun)BromleyUK
    2014550300,731
    2013521269,432
    % change5.6%11.6%
    Record Year2014 (550)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Bromley when compared to any previous Q2.

    A total of 263 companies were registered in Bromley during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 7.8% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BromleyUK
    2014263150,009
    2013244134,630
    % change7.8%11.4%
    Record Year 2014 (263) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014879284
    New companies in 2013869365
    % change1.2%-1.1%29.2%
    Record Year2007 (109)2006 (105)2012 (92)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 305 companies were dissolved in Bromley. This figure is 4.1% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Bromley occurred in 2009 when a total of 505 were closed.

    Half Year (Jan-Jun)BromleyUK
    2014305177,207
    2013293155,192
    % change4.1%14.2%
    Record Year2009 (505)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 173 companies were dissolved in Bromley during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 32.1% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BromleyUK
    201417394,837
    201313177,278
    % change32.1%22.7%
    Record Year 2009 (333) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014457652
    Closed companies in 2013453650
    % change0.0%111.1%4%
    Record Year2009 (124)2009 (130)2009 (79)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Bromley increased by 245 companies.

    Half Year (Jan-Jun)BromleyUK
    2014245123,524
    2013228114,240
    Record Year2007 (270)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Bromley during the second quarter of 2014 (Apr 2014 - Jun 2014) was 90 companies.

    second quarter (Apr 2014 - Jun 2014)BromleyUK
    20149055,172
    201311357,352
    Record Year 2007 (137) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014421632
    Net growth in 2013415715
    Record Year2007 (101)2006 (78)2012 (47)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Bromley formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Bromley
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Bromley formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Bromley
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1994 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-8.7%-8.7%12.0%
    Record Year1993 (0.3%)1996 (0.3%)2004 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.3.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Bromley was 2008 when 36.0% of all directors were female.

    30.8% of all director appointments in Bromley in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Bromley was in 2008 when 35.2% of all directors were female.

    33.8% of all director appointments in Bromley in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.58%CONSULTING5.16%
    MANAGEMENT1.52%MANAGEMENT4.64%
    LONDON1.39%CONSULTANCY3.50%
    CONSULTANCY1.21%PROPERTY2.66%
    RTM1.15%TRADING2.03%
    PROPERTY1.03%ENGINEERING1.99%
    CARE0.85%CONSTRUCTION1.93%
    BROMLEY0.79%LONDON1.93%
    HEALTHCARE0.79%CARE1.85%
    CONSULTANTS0.67%DESIGN1.75%
    DESIGN0.67%CONSULTANTS1.73%
    TRADING0.61%BUSINESS1.69%
    BUILDING0.61%PROPERTIES1.63%
    SCHOOL0.55%TRANSPORT1.58%
    CAPITAL0.49%GLOBAL1.55%
    FINANCIAL0.49%INVESTMENTS1.55%
    SECURITY0.49%J1.51%
    ASSOCIATES0.49%ASSOCIATES1.48%
    COURT0.42%MEDIA1.44%
    ACADEMY0.42%ELECTRICAL1.40%
    L0.42%IT1.33%
    CONSTRUCTION0.36%DEVELOPMENTS1.33%
    M0.36%BUILDING1.26%
    P0.36%M1.24%
    (LONDON)0.36%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied458261,557
    62020 - Information technology consultancy activities9629,029
    70229 - Management consultancy activities other than financial management9040,250
    82990 - Other business support service activities not elsewhere classified7657,421
    96090 - Other service activities not elsewhere classified6728,352
    99999 - Dormant Company5748,436
    62090 - Other information technology service activities4013,024
    47910 - Retail sale via mail order houses or via Internet399,900
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,058
    41100 - Development of building projects3110,527
    86900 - Other human health activities2911,292
    98000 - Residents property management245,046
    69201 - Accounting and auditing activities227,415
    64999 - Financial intermediation not elsewhere classified225,836
    41202 - Construction of domestic buildings207,053
    56302 - Public houses and bars196,099
    43220 - Plumbing, heat and air-conditioning installation175,075
    68209 - Other letting and operating of own or leased real estate1710,133
    47990 - Other retail sale not in stores, stalls or markets156,286
    43210 - Electrical installation146,050

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09067276 RIEDEL ENGINEERING LIMITED 03 Jun 2014
    09070693 IRON SECURITY LIMITED 04 Jun 2014
    09070941 PRESHKETA SERVICES LTD 04 Jun 2014
    09071217 PELI-SKI LIMITED 04 Jun 2014
    09075832 OUR WORLD REAL TALK - KEY OF LIFE LIMITED 06 Jun 2014
    09076682 BAYFLEX EXECUTIVE LTD 09 Jun 2014
    09077561 MESCAPON LIMITED 09 Jun 2014
    09078076 DRESSAGE AH LIMITED 09 Jun 2014
    09084546 STRANGELY INTERACTIVE LIMITED 12 Jun 2014
    09089504 OPTISAVE PROCUREMENT LIMITED 17 Jun 2014
    09090585 ITECHNICAL CONSULTING LIMITED 17 Jun 2014
    09092122 VARGO SECURITY LIMITED 18 Jun 2014
    09095932 FM CAMERON ASSOCIATES LIMITED 20 Jun 2014
    09100014 INEVITABLE ENTERTAINMENT LTD 24 Jun 2014
    09107225 SATISOFT LTD 30 Jun 2014
    09096533 AERICHARDSON LIMITED 23 Jun 2014
    09100220 MAITE MARTIN LIMITED 24 Jun 2014
    09100974 ANGEL PLUMBING BROMLEY LIMITED 24 Jun 2014
    09104197 LITTLE LEGS RECRUITMENT LTD 26 Jun 2014
    09089070 L R S BUSINESS SERVICES LTD 17 Jun 2014
    09069181 TILAK TRADERS LTD 03 Jun 2014
    09070836 CUBE ART WORLD LTD 04 Jun 2014
    09079941 CHEF NEWBURY LTD 10 Jun 2014
    09084211 AL-EMAAN CENTRE 12 Jun 2014
    09089137 TRINITY & COMPANY LIMITED 17 Jun 2014