Faversham, Kent
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 saw a new record in company closures in Faversham when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Faversham when compared to any half year in history.
- December 2014 saw a new record in company closures in Faversham when compared to any previous December.
- November 2014 saw a new record in company closures in Faversham when compared to any previous November.
- October 2014 saw a new record in company closures in Faversham when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
A total of 155 companies were formed in Faversham in 2014. This total is 3.1% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Faversham UK 2014 155 582,051 2013 160 529,363 2012 138 491,893 2011 145 452,870 2010 111 400,358 Record Year 2013 (160) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 71 companies were formed in Faversham. This figure is 18.4% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Faversham occurred in 2013 when a total of 87 were formed.
Half Year (Jul-Dec) Faversham UK 2014 71 281,320 2013 87 259,931 % change -18.4% 8.2% Record Year 2013 (87) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 30 companies were registered in Faversham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 33.3% versus the same period last year (Q4 2013). This figure compares badly 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) Faversham UK 2014 30 137,906 2013 45 127,247 % change -33.3% 8.4% Record Year 2013 (45) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 10 13 7 New companies in 2013 18 16 11 % change -44.4% -18.8% -36.4% Record Year 2013 (18) 2012 (16) 2011 (13)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 99 companies were dissolved in Faversham in 2014. This total is 6.6% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Faversham UK 2014 99 367,937 2013 106 332,213 2012 79 293,729 2011 83 314,524 2010 82 342,233 Record Year 2013 (106) 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 Faversham when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Faversham when compared to any half year in history.
In the second half of 2014 a total of 62 companies were dissolved in Faversham. This figure is 29.2% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Faversham occurred in 2014 when a total of 62 were closed.
Half Year (Jul-Dec) Faversham UK 2014 62 190,730 2013 48 177,021 % change 29.2% 7.7% Record Year 2014 (62) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 29 companies were dissolved in Faversham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 31.8% 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) Faversham UK 2014 29 89,060 2013 22 90,851 % change 31.8% -2.0% Record Year 2014 (29) 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 Faversham when compared to any previous December.
November 2014 saw a new record in company closures in Faversham when compared to any previous November.
October 2014 saw a new record in company closures in Faversham when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2014 9 11 9 Closed companies in 2013 6 10 6 % change 50.0% 10.0% 50% Record Year 2014 (9) 2014 (11) 2014 (9)
Net Company Growth
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Annual Data (2014)
A total of 56 companies were added to the company register for Faversham in 2014. This number represents growth of 36.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 2 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2011 when the Faversham company register grew by 62 companies.
Year Faversham UK 2014 56 214,114 2013 54 197,150 2012 59 198,164 2011 62 138,346 2010 29 58,125 Record Year 2011 (62) 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 Faversham increased by 9 companies.
Half Year (Jul-Dec) Faversham UK 2014 9 90,590 2013 39 82,910 Record Year 2013 (39) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Faversham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 1 companies.
fourth quarter (Oct 2014 - Dec 2014) Faversham UK 2014 1 48,846 2013 23 36,396 Record Year 2013 (23) 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 1 2 -2 Net growth in 2013 12 6 5 Record Year 2011 (13) 2002 (12) 1998 (9)
UK Company Share
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Annual Data (2014)
In 2014 Faversham formed 0.0% of all UK companies. This is no change on 2013 when Faversham was responsible for 0.0% of all UK companies.
Year Faversham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1992 (0.0%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Faversham formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Faversham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1992 (0.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Faversham formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Faversham 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1991 (0.0%) 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 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change -47.1% -22.9% -45.6% Record Year 1987 (0.1%) 1991 (0.1%) 1991 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.8.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.8% 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 48.9.
The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 1.1% 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 49.7.
The percentage of directors under the age of 25 was 9.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 1.1% 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 Faversham was 1992 when 40.2% of all directors were female.
The percentage of female directors in Faversham in 2014 was 28.3%. 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 Faversham was 2008 when 36.1% of all directors were female.
27.1% of all director appointments in Faversham 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 Faversham was in 2008 when 38.2% of all directors were female.
32.2% of all director appointments in Faversham 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 FAVERSHAM 1.27% CONSULTING 5.22% R 0.95% MANAGEMENT 4.58% MISSIONS 0.95% CONSULTANCY 3.57% MUSIC 0.95% PROPERTY 2.66% (KENT) 0.95% CONSTRUCTION 2.12% ROAD 0.95% ENGINEERING 2.10% CONSULTING 0.95% CARE 2.02% FARM 0.95% TRADING 1.94% PROPERTY 0.95% LONDON 1.93% ELECTRICAL 0.95% TRANSPORT 1.93% CONSULTANCY 0.63% DESIGN 1.66% SOUTH 0.63% CONSULTANTS 1.64% GLAM 0.63% ELECTRICAL 1.62% CENTRAL 0.63% PROPERTIES 1.62% BAY 0.63% BUSINESS 1.56% EAST 0.63% J 1.54% TECHNOLOGY 0.63% CO., 1.50% CENTRE 0.63% GLOBAL 1.49% PROBATE 0.63% INVESTMENTS 1.48% LUNAR 0.63% ASSOCIATES 1.47% VENTURES 0.63% DEVELOPMENTS 1.35% CONTRACTING 0.63% MEDIA 1.33% BRIGHTWATER 0.63% IT 1.31% SOLUTION 0.63% BUILDING 1.29% CLUB 0.63% 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 66 265,608 62020 - Information technology consultancy activities 15 30,178 70229 - Management consultancy activities other than financial management 13 42,290 82990 - Other business support service activities not elsewhere classified 11 58,068 99999 - Dormant Company 7 48,509 43999 - Other specialised construction activities not elsewhere classified 6 8,761 71111 - Architectural activities 6 2,830 96090 - Other service activities not elsewhere classified 6 29,009 56302 - Public houses and bars 6 6,285 74909 - Other professional, scientific and technical activities not elsewhere classified 5 19,049 86900 - Other human health activities 5 12,976 41202 - Construction of domestic buildings 4 7,559 43290 - Other construction installation 4 3,286 43210 - Electrical installation 4 5,985 56290 - Other food services 4 4,616 56101 - Licensed restaurants 4 8,782 69202 - Bookkeeping activities 4 3,012 62090 - Other information technology service activities 4 12,837 74990 - Non-trading company 3 13,984 56210 - Event catering activities 3 2,417
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09253865 MERIDIAN DISTRIBUTION LIMITED 08 Oct 2014 09253875 ROUGH DIAMOND CONSULTING LTD 08 Oct 2014 09256696 KEY FREIGHT LTD 09 Oct 2014 09258662 SANLIN LTD 10 Oct 2014 09264927 OS COURIERS LTD 15 Oct 2014 09265387 58 CENTRAL PARADE LIMITED 15 Oct 2014 09265397 56 CENTRAL PARADE LIMITED 15 Oct 2014 09271102 POWLEYS AT BELMONT LIMITED 20 Oct 2014 09281149 SPACESET MISSIONS LIMITED 27 Oct 2014 09281849 LUNAR MISSIONS LTD 27 Oct 2014