Erith, Kent
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Erith when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Erith when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Erith when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Erith when compared to any previous December.
- The second half of 2014 saw a new record in company closures in Erith when compared to any previous second half year.
- December 2014 saw a new record in company closures in Erith when compared to any previous December.
- 2014 was a record year for net growth in Erith when compared to any year in history.
- The second half of 2014 saw a new record in net growth in Erith when compared to any previous second half year.
- November 2014 saw a new record in net growth in Erith 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 Erith when compared to any year in history.
A total of 425 companies were formed in Erith in 2014. This total is 18.1% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Erith UK 2014 425 582,051 2013 360 529,363 2012 308 491,893 2011 295 452,870 2010 251 400,358 Record Year 2014 (425) 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 Erith when compared to any previous second half year.
In the second half of 2014 a total of 204 companies were formed in Erith. This figure is 12.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Erith occurred in 2014 when a total of 204 were formed.
Half Year (Jul-Dec) Erith UK 2014 204 281,320 2013 181 259,931 % change 12.7% 8.2% Record Year 2014 (204) 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 Erith when compared to any previous Q4.
A total of 93 companies were registered in Erith during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 5.7% versus the same period last year (Q4 2013). This figure compares equally 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) Erith UK 2014 93 137,906 2013 88 127,247 % change 5.7% 8.4% Record Year 2014 (93) 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 Erith when compared to any previous December.
New Companies by Month
October November December New companies in 2014 30 35 28 New companies in 2013 32 35 21 % change -6.3% 0.0% 33.3% Record Year 2013 (32) 2013 (35) 2014 (28)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 225 companies were dissolved in Erith in 2014. This total is 1.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Erith UK 2014 225 367,937 2013 221 332,213 2012 172 293,729 2011 191 314,524 2010 199 342,233 Record Year 2009 (290) 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 Erith when compared to any previous second half year.
In the second half of 2014 a total of 117 companies were dissolved in Erith. This figure is 6.4% higher than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Erith occurred in 2014 when a total of 117 were closed.
Half Year (Jul-Dec) Erith UK 2014 117 190,730 2013 110 177,021 % change 6.4% 7.7% Record Year 2014 (117) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 51 companies were dissolved in Erith during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 7.3% versus the same period last year (Q4 2013). This figure compares well 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) Erith UK 2014 51 89,060 2013 55 90,851 % change -7.3% -2.0% Record Year 2013 (55) 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 Erith when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 10 18 23 Closed companies in 2013 18 19 18 % change -44.4% -5.3% 28% Record Year 2013 (18) 2005 (27) 2014 (23)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Erith when compared to any year in history.
A total of 200 companies were added to the company register for Erith in 2014. This number represents growth of 47.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 61 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Erith company register grew by 200 companies.
Year Erith UK 2014 200 214,114 2013 139 197,150 2012 136 198,164 2011 104 138,346 2010 52 58,125 Record Year 2014 (200) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in net growth in Erith when compared to any previous second half year.
In the second half of 2014 the company register for Erith increased by 87 companies.
Half Year (Jul-Dec) Erith UK 2014 87 90,590 2013 71 82,910 Record Year 2014 (87) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Erith during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 42 companies.
fourth quarter (Oct 2014 - Dec 2014) Erith UK 2014 42 48,846 2013 33 36,396 Record Year 2014 (42) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Erith when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 20 17 5 Net growth in 2013 14 16 3 Record Year 2008 (28) 2014 (17) 2007 (11)
UK Company Share
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Annual Data (2014)
In 2014 Erith formed 0.1% of all UK companies. This is no change on 2013 when Erith was responsible for 0.1% of all UK companies.
Year Erith 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2014 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Erith formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Erith 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2008 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Erith formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Erith 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) 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 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -10.8% -5.0% 14.2% Record Year 1991 (0.1%) 1991 (0.1%) 2007 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 40.7.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.3% 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 40.9.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.0% 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 41.4.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.2% 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 Erith was 1984 when 50.0% of all directors were female.
The percentage of female directors in Erith in 2014 was 31.4%. 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 Erith was 2013 when 32.8% of all directors were female.
28.7% of all director appointments in Erith 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 Erith was in 2013 when 34.3% of all directors were female.
27.4% of all director appointments in Erith 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 CARE 2.06% CONSULTING 5.22% CONSULTING 1.78% MANAGEMENT 4.58% CONSULTANCY 1.10% CONSULTANCY 3.57% MANAGEMENT 1.10% PROPERTY 2.66% PROJECTS 1.10% CONSTRUCTION 2.12% HEALTHCARE 0.96% ENGINEERING 2.10% STEEL 0.96% CARE 2.02% C 0.96% TRADING 1.94% CO 0.82% LONDON 1.93% ELECTRICAL 0.69% TRANSPORT 1.93% CONSTRUCTION 0.69% DESIGN 1.66% PLUMBING 0.69% CONSULTANTS 1.64% LONDON 0.69% ELECTRICAL 1.62% TRADING 0.55% PROPERTIES 1.62% TRAINING 0.55% BUSINESS 1.56% HEALTH 0.55% J 1.54% BUILDING 0.55% CO., 1.50% BUSINESS 0.55% GLOBAL 1.49% SOLUTION 0.55% INVESTMENTS 1.48% VENTURES 0.55% ASSOCIATES 1.47% HEATING 0.55% DEVELOPMENTS 1.35% LOGISTICS 0.55% MEDIA 1.33% DEPENDABLE 0.55% IT 1.31% INTERNATIONAL 0.41% BUILDING 1.29% E 0.41% 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 192 265,608 70229 - Management consultancy activities other than financial management 35 42,290 86900 - Other human health activities 33 12,976 86101 - Hospital activities 25 4,366 96090 - Other service activities not elsewhere classified 22 29,009 82990 - Other business support service activities not elsewhere classified 21 58,068 62020 - Information technology consultancy activities 17 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 10 19,049 99999 - Dormant Company 9 48,509 62090 - Other information technology service activities 9 12,837 74990 - Non-trading company 8 13,984 94910 - Activities of religious organizations 7 706 49410 - Freight transport by road 7 10,842 41100 - Development of building projects 7 11,397 88990 - Other social work activities without accommodation not elsewhere classified 7 4,756 43390 - Other building completion and finishing 7 5,931 86102 - Medical nursing home activities 6 831 86210 - General medical practice activities 6 4,591 47990 - Other retail sale not in stores, stalls or markets 5 6,452 43999 - Other specialised construction activities not elsewhere classified 5 8,761
Recent Companies
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Randomly selected companies from this quarter
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