Bromley, Kent

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Bromley when compared to any previous Q3.
  • Q3 2014 was a record quarter for company registrations in Bromley when compared to any quarter in history.
  • September 2014 saw a new record in company registrations in Bromley when compared to any previous September.
  • August 2014 saw a new record in company registrations in Bromley when compared to any previous August.
  • July 2014 saw a new record in company registrations in Bromley when compared to any previous July.
  • July 2014 saw a new record in company closures in Bromley when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Bromley when compared to any previous Q3.

    Q3 2014 was a record quarter for company registrations in Bromley when compared to any quarter in history.

    A total of 298 companies were registered in Bromley during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 17.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BromleyUK
    2014298143,414
    2013253132,684
    % change17.8%8.1%
    Record Year 2014 (298) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 201410393102
    New companies in 2013968671
    % change7.3%8.1%43.7%
    Record Year2014 (103)2014 (93)2014 (102)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 213 companies were dissolved in Bromley during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 56.6% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BromleyUK
    2014213101,670
    201313686,170
    % change56.6%18.0%
    Record Year 2014 (213) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Bromley when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014825378
    Closed companies in 2013354457
    % change134.3%20.5%37%
    Record Year2014 (82)2008 (102)2009 (92)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Bromley during the third quarter of 2014 (Jul 2014 - Sep 2014) was 85 companies.

    third quarter (Jul 2014 - Sep 2014)BromleyUK
    20148541,744
    201311746,514
    Record Year 2013 (117) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014214024
    Net growth in 2013614214
    Record Year2008 (62)2013 (42)2006 (44)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Bromley
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2001 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-2.5%3.1%31.8%
    Record Year1998 (0.3%)1996 (0.3%)1987 (0.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 41.6.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Bromley was in 2012 when 35.8% of all directors were female.

    29.5% of all director appointments in Bromley in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.55%CONSULTING5.17%
    LONDON1.49%MANAGEMENT4.63%
    MANAGEMENT1.21%CONSULTANCY3.55%
    RTM1.09%PROPERTY2.62%
    CARE1.03%ENGINEERING2.07%
    CO.,0.98%CONSTRUCTION2.05%
    CONSULTANCY0.98%TRADING2.00%
    PROPERTY0.86%LONDON1.95%
    TRADING0.75%CARE1.94%
    BUILDING0.69%TRANSPORT1.76%
    HEALTHCARE0.69%DESIGN1.70%
    BROMLEY0.63%CONSULTANTS1.70%
    CONSULTANTS0.57%PROPERTIES1.63%
    DESIGN0.57%BUSINESS1.62%
    CAPITAL0.52%J1.53%
    FINANCIAL0.52%ELECTRICAL1.53%
    ASSOCIATES0.52%GLOBAL1.51%
    CONSTRUCTION0.46%INVESTMENTS1.50%
    GLOBAL0.46%ASSOCIATES1.48%
    COURT0.46%MEDIA1.38%
    PARTNERSHIP0.40%CO.,1.36%
    L0.40%DEVELOPMENTS1.35%
    BUSINESS0.40%BUILDING1.30%
    HOUSE0.40%IT1.30%
    FINANCE0.40%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied493278,481
    62020 - Information technology consultancy activities9929,313
    70229 - Management consultancy activities other than financial management9040,717
    82990 - Other business support service activities not elsewhere classified7657,264
    96090 - Other service activities not elsewhere classified6328,224
    99999 - Dormant Company4848,286
    47910 - Retail sale via mail order houses or via Internet419,914
    62090 - Other information technology service activities3412,795
    41100 - Development of building projects3310,604
    74909 - Other professional, scientific and technical activities not elsewhere classified3318,890
    86900 - Other human health activities2911,807
    98000 - Residents property management265,047
    56302 - Public houses and bars206,056
    69201 - Accounting and auditing activities207,401
    41202 - Construction of domestic buildings207,151
    64999 - Financial intermediation not elsewhere classified195,857
    68209 - Other letting and operating of own or leased real estate1710,361
    43220 - Plumbing, heat and air-conditioning installation175,083
    47990 - Other retail sale not in stores, stalls or markets176,327
    73110 - Advertising agencies174,036

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09109916 M.FORD ELECTRICAL SERVICES LTD 01 Jul 2014
    09111239 QIFORMATIONS LIMITED 01 Jul 2014
    09111490 DEEPA SPICES LTD 02 Jul 2014
    09118460 K.T.E. LEGAL SOLUTIONS LIMITED 07 Jul 2014
    09120247 COPPERS REST LTD 08 Jul 2014
    09124236 DEEDEE (AMQ) LIMITED 10 Jul 2014
    09125194 SPORTS HOOP CO., LTD 10 Jul 2014
    09130364 SODIQ LIMITED 15 Jul 2014
    09132259 CAPITAL 68 LTD 15 Jul 2014
    09136211 PETTSFIELD PROPERTIES LIMITED 17 Jul 2014
    09137326 QUEST SOURCES LIMITED 18 Jul 2014
    09137682 AGAPE ADOPTION AGENCY 18 Jul 2014
    09142326 WELLBEING MEDICAL CENTRE LIMITED 22 Jul 2014
    09142749 PRACTICAL QUALITY SOLUTIONS LIMITED 22 Jul 2014
    09149457 HDF CONSULTING LTD 28 Jul 2014
    09153509 FORAGE BOTANICALS LIMITED 30 Jul 2014
    09153528 ESEOMASORO LTD 30 Jul 2014
    09115839 XYLON INSTALLATIONS LIMITED 03 Jul 2014
    09133595 FOCUS TECHNOLOGY LIMITED 16 Jul 2014
    09145180 MD MARKETS LIMITED 24 Jul 2014
    09133045 MIRIA TALENT LTD 16 Jul 2014
    09134897 ULENEC LTD 17 Jul 2014
    09142198 HOMEMADE HEAVEN LTD 22 Jul 2014
    09132193 HAM COURT (ROMFORD) RTM COMPANY LIMITED 15 Jul 2014
    09134498 IVY LOVES CAKES LIMITED 16 Jul 2014