Erith, Kent

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Erith when compared to any year in history.
  • November 2010 saw a new record in company registrations in Erith when compared to any previous November.
  • October 2010 saw a new record in company closures in Erith 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)

    2010 was a record year for company registrations in Erith when compared to any year in history.

    A total of 251 companies were formed in Erith in 2010. This total is 4.6% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearErithUK
    2010251400,358
    2009240362,675
    2008231349,203
    2007239457,649
    2006191405,440
    Record Year2010 (251)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 124 companies were formed in Erith. This figure is 3.1% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Erith occurred in 2009 when a total of 128 were formed.

    Half Year (Jul-Dec)ErithUK
    2010124196,609
    2009128180,654
    % change-3.1%8.8%
    Record Year2009 (128)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 58 companies were registered in Erith during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 6.5% versus the same period last year (Q4 2009). This figure compares badly 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)ErithUK
    20105895,117
    20096285,983
    % change-6.5%10.6%
    Record Year 2009 (62) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010192415
    New companies in 2009202121
    % change-5.0%14.3%-28.6%
    Record Year2008 (29)2010 (24)2009 (21)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 199 companies were dissolved in Erith in 2010. This total is 31.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearErithUK
    2010199342,232
    2009290533,773
    2008102237,901
    2007127220,295
    2006130200,166
    Record Year2009 (290)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 89 companies were dissolved in Erith. This figure is 23.3% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Erith occurred in 2009 when a total of 116 were closed.

    Half Year (Jul-Dec)ErithUK
    201089164,601
    2009116244,537
    % change-23.3%-32.7%
    Record Year2009 (116)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 44 companies were dissolved in Erith during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 2.3% versus the same period last year (Q4 2009). This figure compares poorly 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)ErithUK
    20104476,896
    20094385,136
    % change2.3%-9.7%
    Record Year 2005 (54) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in company closures in Erith when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201016199
    Closed companies in 200991420
    % change77.8%35.7%-55%
    Record Year2010 (16)2005 (27)2009 (20)

Net Company Growth

  1. Annual Data (2010)

    A total of 52 companies were added to the company register for Erith in 2010. This number represents growth of 21.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 102 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Erith company register grew by 129 companies.

    YearErithUK
    20105258,126
    2009-50-171,098
    2008129111,302
    2007112237,354
    200661205,274
    Record Year2008 (129)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Erith increased by 35 companies.

    Half Year (Jul-Dec)ErithUK
    20103532,008
    200912-63,883
    Record Year2008 (68)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Erith during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 14 companies.

    fourth quarter (Oct 2010 - Dec 2010)ErithUK
    20101418,221
    200919847
    Record Year 2008 (40) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010356
    Net growth in 20091171
    Record Year2008 (28)1999 (10)2007 (11)

UK Company Share

  1. Annual Data (2010)

    In 2010 Erith formed 0.1% of all UK companies. This is no change on 2009 when Erith was responsible for 0.1% of all UK companies.

    YearErith
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960)1973 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Erith formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Erith
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1971 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Erith formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Erith
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1971 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-16.8%2.2%-32.0%
    Record Year1974 (0.2%)1966 (0.2%)1971 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 42.1.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.6% 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 42.8.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.1% 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 42.9.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.4% 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 Erith was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Erith in 2010 was 20.3%. 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 Erith was 1860 when 42.9% of all directors were female.

    29.8% of all director appointments in Erith 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 Erith was in 1977 when 31.1% of all directors were female.

    25.7% of all director appointments in Erith 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
    CONSULTING1.75%CONSULTING5.06%
    CONSULTANCY1.31%MANAGEMENT5.01%
    VENTURES1.31%CONSULTANCY3.14%
    INTERNATIONAL1.09%PROPERTY2.36%
    TRADING1.09%TRADING2.11%
    GLOBAL0.87%ASSOCIATES1.95%
    SECURITY0.87%DESIGN1.92%
    ASSOCIATES0.87%BUSINESS1.82%
    PROPERTY0.87%CONSTRUCTION1.82%
    CARE0.87%CONSULTANTS1.76%
    DEVELOPMENT0.66%MEDIA1.71%
    CONTRACTS0.66%ENGINEERING1.62%
    MANAGEMENT0.66%LONDON1.60%
    ENTERPRISE0.66%CARE1.45%
    CONSULT0.66%INVESTMENTS1.44%
    MULTIMEDIA0.44%GLOBAL1.43%
    CARPENTRY0.44%J1.42%
    ESTATE0.44%IT1.41%
    BLUE0.44%PROPERTIES1.34%
    LEAF0.44%INTERNATIONAL1.34%
    CARGO0.44%BUILDING1.34%
    TECHNOLOGIES0.44%M1.30%
    CONSTRUCTION0.44%ELECTRICAL1.25%
    STORE0.44%SYSTEMS1.24%
    CENTRE0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied177199,572
    7487 - Other business activities4063,348
    9305 - Other service activities128,858
    7414 - Business & management consultancy913,474
    7260 - Other computer related activities98,089
    82990 - Other business support service activities not elsewhere classified927,550
    9999 - Dormant Company820,144
    43999 - Other specialised construction activities not elsewhere classified82,854
    86101 - Hospital activities7750
    70229 - Management consultancy activities other than financial management714,505
    86900 - Other human health activities73,700
    74990 - Non-trading company68,243
    62020 - Information technology consultancy activities69,177
    4545 - Other building completion62,598
    74909 - Other professional, scientific and technical activities not elsewhere classified57,088
    96090 - Other service activities not elsewhere classified58,799
    4521 - General construction & civil engineering56,598
    7412 - Accounting, auditing; tax consult52,391
    6024 - Freight transport by road52,401
    7499 - Non-trading company412,000

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07419779 IGI GLOBAL LIMITED 26 Oct 2010
    07419483 HELL FREEZES OVER LTD 26 Oct 2010
    07417753 CRONICLES LIMITED 25 Oct 2010
    07417135 MR COMPUTER REPAIRS LTD 25 Oct 2010
    07416940 BANEK & REX LTD 22 Oct 2010
    07412503 COMPLETE CARE MIDWIFERY LTD 19 Oct 2010
    07410586 PERFECT TOUCH BEAUTY LIMITED 18 Oct 2010
    07410582 TWO PRODUCTIONS LTD 18 Oct 2010
    07408599 NOVA TRADERS LIMITED 15 Oct 2010
    07408329 K SQUARE ASSOCIATES LIMITED 14 Oct 2010
    07407094 A-BYTE INITIATIVES LIMITED 14 Oct 2010
    07405967 ALLCHEM CHEMICALS LIMITED 13 Oct 2010
    07404331 JJ BUILDING AND CARPENTRY LTD 12 Oct 2010
    07402688 ASB SUPPLIES LIMITED 11 Oct 2010
    07401459 HENDERSON MEDICAL SERVICES LTD 08 Oct 2010
    07398560 ALCHEMY UK DEVELOPMENT LTD 06 Oct 2010
    07419370 HANDY CREW SERVICES LTD 26 Oct 2010
    07408279 DOCSEXPERT LIMITED 14 Oct 2010
    07398029 MCSOLAX SNACKS LTD 06 Oct 2010

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