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
    07186941 T MOON LTD 11 Mar 2010
    07186603 1ST IMPRESSIONS (KENT) LIMITED 11 Mar 2010
    07184491 RYDLINGS LIMITED 10 Mar 2010
    07209165 BEAUTY FX LIMITED 31 Mar 2010
    07195624 SYNERGY PROVIDERS LTD. 19 Mar 2010
    07193307 EVENEMENTEN BUREAU MYSTERY EVENTS LTD 17 Mar 2010
    07193036 DIRTBUSTERS OVEN CLEANING SUPPLIES LTD 17 Mar 2010
    07188551 DB CONSULTING (ENGLAND) LTD. 12 Mar 2010
    07188334 MOOSE OUTDOOR LTD 12 Mar 2010
    07187782 MOOSE HOLDING LTD 12 Mar 2010
    07186907 ST SAVIOUR'S COMMUNITY CENTRE 11 Mar 2010
    07183770 CREATIVE CONSTRUCTORS LIMITED 10 Mar 2010
    07180230 JAG ENGINEERING DESIGNS LTD 05 Mar 2010
    07177262 NIEBOCHA LTD. 04 Mar 2010
    07174564 EASTERN RESEARCH CHEMICALS LIMITED 02 Mar 2010
    07173745 JACK'S BARN LIMITED 02 Mar 2010
    07209832 PAVEMENT POUNDERS COMMUNITY INTEREST COMPANY 31 Mar 2010
    07206699 TECHNICAL APPLIANCES SYSTEMS AND SERVICES LTD 29 Mar 2010
    07206603 STRIVE CONSULTANTS LTD 29 Mar 2010
    07203710 S & R DRIVEWAYS LTD 25 Mar 2010
    07195979 POSITRITION SPORTING SUPPLEMENTS AND NUTRITION LTD 19 Mar 2010
    07191418 FOLWEST MANAGEMENT LTD 16 Mar 2010
    07184737 LANDAU HOLDINGS (FOLKESTONE) LIMITED 10 Mar 2010
    07182995 COMFORT CLEANING LIMITED 09 Mar 2010
    07176296 LES CONTES D'HOFFMANN LTD 03 Mar 2010