Folkestone, Kent

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Folkestone when compared to any previous February.

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 (Q1 Jan-Mar 2010)

    A total of 134 companies were registered in Folkestone during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 13.5% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)FolkestoneUK
    2010134105,137
    200915591,034
    % change-13.5%15.5%
    Record Year 2006 (333) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010383957
    New companies in 2009514460
    % change-25.5%-11.4%-5.0%
    Record Year2004 (94)2002 (190)2005 (164)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 244 companies were dissolved in Folkestone during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 22.8% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)FolkestoneUK
    201024482,677
    2009316108,060
    % change-22.8%-23.5%
    Record Year 2009 (316) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Folkestone when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010509599
    Closed companies in 20093861217
    % change31.6%55.7%-54%
    Record Year2007 (102)2010 (95)2009 (217)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Folkestone during the first quarter of 2010 (Jan 2010 - Mar 2010) was -110 companies.

    first quarter (Jan 2010 - Mar 2010)FolkestoneUK
    2010-11022,460
    2009-161-17,026
    Record Year 2005 (199) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-12-56-42
    Net growth in 200913-17-157
    Record Year1999 (72)2002 (145)2005 (129)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Folkestone formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Folkestone
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    20060.3%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.2%0.2%0.2%
    % change-30.9%-24.1%-21.1%
    Record Year1999 (0.6%)2002 (0.9%)1998 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 48.6.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Folkestone was in 1861 when 40.0% of all directors were female.

    22.5% of all director appointments in Folkestone in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    TITAN1.10%MANAGEMENT5.01%
    -1.10%CONSULTING4.60%
    MEDIA0.90%CONSULTANCY2.87%
    CONSULTING0.90%PROPERTY2.50%
    TRANS0.80%ASSOCIATES2.04%
    MANAGEMENT0.80%TRADING1.93%
    TRANSPORTE0.80%DESIGN1.91%
    PROPERTY0.70%CONSTRUCTION1.87%
    BUSINESS0.70%MEDIA1.84%
    MARKETING0.70%BUSINESS1.74%
    CONNECTIONS0.60%INTERNATIONAL1.73%
    TRADING0.60%CONSULTANTS1.63%
    CONSTRUCTION0.60%ENGINEERING1.54%
    INTERNATIONAL0.60%J1.48%
    (FOLKESTONE)0.50%LONDON1.45%
    SYSTEMS0.50%INVESTMENTS1.45%
    RESEARCH0.50%GROUP1.37%
    J0.50%GLOBAL1.35%
    TRAVEL0.50%PROPERTIES1.35%
    HOLDING0.50%BUILDING1.34%
    HEALTH0.50%CARE1.33%
    GROUP0.50%ELECTRICAL1.30%
    CONSULTANTS0.50%M1.28%
    KENT0.50%SYSTEMS1.25%
    CLEANING0.50%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied820228,645
    9900 - Extra-territorial organisations254405
    7487 - Other business activities14974,904
    82990 - Other business support service activities not elsewhere classified7626,974
    7499 - Non-trading company4215,398
    6024 - Freight transport by road413,665
    99999 - Dormant Company3213,808
    9999 - Dormant Company2719,948
    99000 - Activities of extraterritorial organizations and bodies24169
    70100 - Activities of head offices223,137
    7414 - Business & management consultancy2117,003
    4521 - General construction & civil engineering169,325
    7260 - Other computer related activities1410,331
    9305 - Other service activities149,038
    70229 - Management consultancy activities other than financial management1314,007
    49410 - Freight transport by road122,152
    62020 - Information technology consultancy activities119,943
    96090 - Other service activities not elsewhere classified108,154
    98000 - Residents property management103,892
    74990 - Non-trading company88,149

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07119968 QUIRKY GIFTZ LTD 08 Jan 2010
    07141246 BELIEVER'S MANAGEMENT SERVICES LIMITED 30 Jan 2010
    07139891 STATIUS HEALTH & SAFETY SOLUTIONS LIMITED 28 Jan 2010
    07138692 MOBLIE VALETING SERVIES LIMITED 28 Jan 2010
    07138432 REDUX RESEARCH LIMITED 27 Jan 2010
    07138055 TAS HANDELSONDERNEMING LTD 27 Jan 2010
    07135821 KNIGHTZ LIMITED 26 Jan 2010
    07135518 NEWTON DEVICES LIMITED 26 Jan 2010
    07135172 V GARCIAS LIMITED 25 Jan 2010
    07129203 MR ACCESS AND LADDERS LIMITED 19 Jan 2010
    07128538 KUONA RECRUITMENT LTD. 18 Jan 2010
    07125714 PIM-HC PARTICIPATIONS LTD. 14 Jan 2010
    07122134 MERLINAPPS LIMITED 12 Jan 2010
    07121602 GECKO FURNITURE UK LIMITED 11 Jan 2010
    07116265 MJH NOBLE LIMITED 05 Jan 2010
    07140969 PAUL BAECHTLE - ABBRUCH - CONTAINERDIENST - ENTSORGUNG & TRANSPORTE LTD. 29 Jan 2010
    07139478 KAROLIS CONSTRUCTION SERVICES LTD 28 Jan 2010
    07136802 PUBLIC SECTOR TENDERS LTD 26 Jan 2010
    07136347 FOLKESTONE HARBOUR RAILWAY LIMITED 26 Jan 2010
    07135108 DAVID P HARVEY LTD 25 Jan 2010
    07131087 MUELLER-SYSTEMS LIMITED 20 Jan 2010
    07129950 COURT FARM ANIMALS LIMITED 19 Jan 2010
    07125569 FAST TRACK BUSINESS SOLUTIONS LTD 14 Jan 2010
    07125012 CONTINENTAL ELEKTRIKS LIMITED 13 Jan 2010
    07118440 MK ARTLAB LIMITED 07 Jan 2010