Bromley, Kent
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Bromley when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Bromley when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Bromley when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Bromley when compared to any previous Q4.
- Q4 2014 was a record quarter for company registrations in Bromley when compared to any quarter in history.
- December 2014 saw a new record in company registrations in Bromley when compared to any previous December.
- November 2014 saw a new record in company registrations in Bromley when compared to any previous November.
- November 2014 was a record month for company registrations in Bromley when compared to any month in history.
- The second half of 2014 saw a new record in company closures in Bromley when compared to any previous second half year.
- December 2014 saw a new record in company closures in Bromley when compared to any previous December.
- November 2014 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 (2014)
2014 was a record year for company registrations in Bromley when compared to any year in history.
A total of 1,166 companies were formed in Bromley in 2014. This total is 15.2% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bromley UK 2014 1,166 582,051 2013 1,012 529,363 2012 958 491,893 2011 828 452,870 2010 708 400,358 Record Year 2014 (1,166) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Bromley when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Bromley when compared to any half year in history.
In the second half of 2014 a total of 616 companies were formed in Bromley. This figure is 25.5% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Bromley occurred in 2014 when a total of 616 were formed.
Half Year (Jul-Dec) Bromley UK 2014 616 281,320 2013 491 259,931 % change 25.5% 8.2% Record Year 2014 (616) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bromley when compared to any previous Q4.
Q4 2014 was a record quarter for company registrations in Bromley when compared to any quarter in history.
A total of 318 companies were registered in Bromley during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 33.6% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bromley UK 2014 318 137,906 2013 238 127,247 % change 33.6% 8.4% Record Year 2014 (318) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Bromley when compared to any previous December.
November 2014 saw a new record in company registrations in Bromley when compared to any previous November.
November 2014 was a record month for company registrations in Bromley when compared to any month in history.
New Companies by Month
October November December New companies in 2014 108 117 93 New companies in 2013 91 87 60 % change 18.7% 34.5% 55.0% Record Year 2012 (116) 2014 (117) 2014 (93)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 704 companies were dissolved in Bromley in 2014. This total is 20.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Bromley UK 2014 704 367,937 2013 585 332,213 2012 489 293,729 2011 580 314,524 2010 596 342,233 Record Year 2009 (853) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Bromley when compared to any previous second half year.
In the second half of 2014 a total of 399 companies were dissolved in Bromley. This figure is 36.6% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Bromley occurred in 2014 when a total of 399 were closed.
Half Year (Jul-Dec) Bromley UK 2014 399 190,730 2013 292 177,021 % change 36.6% 7.7% Record Year 2014 (399) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 186 companies were dissolved in Bromley during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 19.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bromley UK 2014 186 89,060 2013 156 90,851 % change 19.2% -2.0% Record Year 2014 (186) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Bromley when compared to any previous December.
November 2014 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 2014 46 73 67 Closed companies in 2013 54 54 48 % change -14.8% 35.2% 40% Record Year 2013 (54) 2014 (73) 2014 (67)
Net Company Growth
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Annual Data (2014)
A total of 462 companies were added to the company register for Bromley in 2014. This number represents growth of 39.6% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 35 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Bromley company register grew by 469 companies.
Year Bromley UK 2014 462 214,114 2013 427 197,150 2012 469 198,164 2011 248 138,346 2010 112 58,125 Record Year 2012 (469) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bromley increased by 217 companies.
Half Year (Jul-Dec) Bromley UK 2014 217 90,590 2013 199 82,910 Record Year 2012 (240) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bromley during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 132 companies.
fourth quarter (Oct 2014 - Dec 2014) Bromley UK 2014 132 48,846 2013 82 36,396 Record Year 2012 (158) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 62 44 26 Net growth in 2013 37 33 12 Record Year 2012 (64) 2012 (52) 2012 (42)
UK Company Share
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Annual Data (2014)
In 2014 Bromley formed 0.2% of all UK companies. This is no change on 2013 when Bromley was responsible for 0.2% of all UK companies.
Year Bromley 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bromley formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) Bromley 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bromley formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bromley 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1997 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.3% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 12.9% 27.7% 32.7% Record Year 1997 (0.3%) 1986 (0.3%) 1978 (0.5%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.5.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 41.9.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.2.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Bromley was 1983 when 50.0% of all directors were female.
The percentage of female directors in Bromley in 2014 was 29.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bromley was 2012 when 34.4% of all directors were female.
27.9% of all director appointments in Bromley in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bromley was in 2012 when 32.6% of all directors were female.
26.4% of all director appointments in Bromley in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CO., 2.37% CONSULTING 5.22% CONSULTING 1.56% MANAGEMENT 4.58% LONDON 1.40% CONSULTANCY 3.57% PROPERTY 1.08% PROPERTY 2.66% CARE 1.02% CONSTRUCTION 2.12% MANAGEMENT 0.97% ENGINEERING 2.10% INTERNATIONAL 0.97% CARE 2.02% CONSULTANCY 0.92% TRADING 1.94% RTM 0.86% LONDON 1.93% TRADING 0.75% TRANSPORT 1.93% GROUP 0.65% DESIGN 1.66% BUILDING 0.65% CONSULTANTS 1.64% CONSULTANTS 0.65% ELECTRICAL 1.62% DESIGN 0.59% PROPERTIES 1.62% HOUSE 0.54% BUSINESS 1.56% FINANCIAL 0.54% J 1.54% GLOBAL 0.54% CO., 1.50% BROMLEY 0.48% GLOBAL 1.49% HEALTHCARE 0.48% INVESTMENTS 1.48% ASSOCIATES 0.48% ASSOCIATES 1.47% CAPITAL 0.48% DEVELOPMENTS 1.35% TECHNOLOGY 0.48% MEDIA 1.33% LITTLE 0.43% IT 1.31% TRAINING 0.38% BUILDING 1.29% COURT 0.38% M 1.22%
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 469 265,608 62020 - Information technology consultancy activities 100 30,178 70229 - Management consultancy activities other than financial management 91 42,290 82990 - Other business support service activities not elsewhere classified 81 58,068 96090 - Other service activities not elsewhere classified 63 29,009 99999 - Dormant Company 60 48,509 47910 - Retail sale via mail order houses or via Internet 41 10,107 86900 - Other human health activities 35 12,976 41100 - Development of building projects 31 11,397 62090 - Other information technology service activities 30 12,837 74909 - Other professional, scientific and technical activities not elsewhere classified 27 19,049 98000 - Residents property management 27 5,255 56302 - Public houses and bars 22 6,285 41202 - Construction of domestic buildings 21 7,559 86101 - Hospital activities 21 4,366 68209 - Other letting and operating of own or leased real estate 20 11,212 69201 - Accounting and auditing activities 20 7,528 68320 - Management of real estate on a fee or contract basis 19 6,010 64999 - Financial intermediation not elsewhere classified 19 6,083 73110 - Advertising agencies 19 4,140
Recent Companies
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Randomly selected companies from this quarter
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