Folkestone, Kent
2010 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2010)
A total of 479 companies were formed in Folkestone in 2010. This total is 20.0% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Folkestone UK 2010 479 400,358 2009 599 362,675 2008 831 349,203 2007 1,136 457,649 2006 1,021 405,440 Record Year 2004 (1,206) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 222 companies were formed in Folkestone. This figure is 23.4% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Folkestone occurred in 2004 when a total of 634 were formed.
Half Year (Jul-Dec) Folkestone UK 2010 222 196,609 2009 290 180,654 % change -23.4% 8.8% Record Year 2004 (634) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 117 companies were registered in Folkestone during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 18.8% 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) Folkestone UK 2010 117 95,117 2009 144 85,983 % change -18.8% 10.6% Record Year 2004 (312) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 49 34 34 New companies in 2009 60 46 38 % change -18.3% -26.1% -10.5% Record Year 2006 (133) 2004 (150) 2003 (123)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 852 companies were dissolved in Folkestone in 2010. This total is 38.8% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.
Year Folkestone UK 2010 852 342,232 2009 1,392 533,773 2008 503 237,901 2007 931 220,295 2006 997 200,166 Record Year 2009 (1,392) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 356 companies were dissolved in Folkestone. This figure is 37.0% lower than last year, which compares well to the UK wide change of -32.7%.
The highest total for a second half year in Folkestone occurred in 2009 when a total of 565 were closed.
Half Year (Jul-Dec) Folkestone UK 2010 356 164,601 2009 565 244,537 % change -37.0% -32.7% Record Year 2009 (565) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 178 companies were dissolved in Folkestone during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 10.6% versus the same period last year (Q4 2009). This figure compares well 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) Folkestone UK 2010 178 76,896 2009 199 85,136 % change -10.6% -9.7% Record Year 2006 (228) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 60 91 27 Closed companies in 2009 54 69 76 % change 11.1% 31.9% -64% Record Year 2006 (98) 2005 (92) 2008 (77)
Net Company Growth
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Annual Data (2010)
A total of -373 companies were removed to the company register for Folkestone in 2010. This number represents decline of 62.3% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 420 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2004 when the Folkestone company register grew by 790 companies.
Year Folkestone UK 2010 -373 58,126 2009 -793 -171,098 2008 328 111,302 2007 205 237,354 2006 24 205,274 Record Year 2004 (790) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Folkestone decreased by 134 companies.
Half Year (Jul-Dec) Folkestone UK 2010 -134 32,008 2009 -275 -63,883 Record Year 2004 (379) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Folkestone during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -61 companies.
fourth quarter (Oct 2010 - Dec 2010) Folkestone UK 2010 -61 18,221 2009 -55 847 Record Year 2004 (191) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -11 -57 7 Net growth in 2009 6 -23 -38 Record Year 2003 (90) 2004 (106) 2003 (103)
UK Company Share
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Annual Data (2010)
In 2010 Folkestone formed 0.1% of all UK companies. This is a decline on 2009 when Folkestone was responsible for 0.2% of all UK companies.
Year Folkestone 2010 0.1% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.3% Record Year (since 1960) 2004 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Folkestone formed 0.1% of all UK companies. This is less than the 2009 figure of 0.2%.
Half Year (Jul-Dec) Folkestone 2010 0.1% 2009 0.2% 2008 0.2% 2007 0.3% 2006 0.3% Record Year (since 1960) 2004 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Folkestone formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Folkestone 2010 0.1% 2009 0.2% 2008 0.2% 2007 0.3% 2006 0.3% Record Year (since 1960) 2004 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.2% 0.1% 0.1% % change -28.5% -33.9% -14.9% Record Year 1966 (0.5%) 2004 (0.5%) 1997 (0.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 47.1.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 46.0.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.6.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Folkestone was 1857 when 36.4% of all directors were female.
The percentage of female directors in Folkestone in 2010 was 26.9%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Folkestone was 1860 when 42.9% of all directors were female.
27.2% of all director appointments in Folkestone 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
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Folkestone was in 1977 when 31.1% of all directors were female.
27.7% of all director appointments in Folkestone 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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage - 2.95% CONSULTING 5.06% TRANSPORT 2.12% MANAGEMENT 5.01% MANAGEMENT 1.65% CONSULTANCY 3.14% HOLDING 1.30% PROPERTY 2.36% SANDGATE 0.83% TRADING 2.11% FOLKESTONE 0.71% ASSOCIATES 1.95% EUROPE 0.71% DESIGN 1.92% CONSULTING 0.71% BUSINESS 1.82% TRANSPORTE 0.71% CONSTRUCTION 1.82% TRANS 0.59% CONSULTANTS 1.76% CONTINENTAL 0.59% MEDIA 1.71% DEVELOPMENTS 0.59% ENGINEERING 1.62% CONSULTANTS 0.59% LONDON 1.60% SERVICE 0.59% CARE 1.45% MEDIA 0.47% INVESTMENTS 1.44% (KENT) 0.47% GLOBAL 1.43% COURT 0.47% J 1.42% CIC 0.47% IT 1.41% SPORTS 0.47% PROPERTIES 1.34% PROPERTY 0.47% INTERNATIONAL 1.34% RESEARCH 0.47% BUILDING 1.34% J 0.47% M 1.30% ENERGY 0.47% ELECTRICAL 1.25% L 0.47% SYSTEMS 1.24% TRADING 0.47% S 1.23%
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 612 199,572 9900 - Extra-territorial organisations 119 231 7487 - Other business activities 119 63,348 82990 - Other business support service activities not elsewhere classified 59 27,550 74990 - Non-trading company 30 8,243 6024 - Freight transport by road 24 2,401 9999 - Dormant Company 23 20,144 99000 - Activities of extraterritorial organizations and bodies 22 164 99999 - Dormant Company 16 16,285 7414 - Business & management consultancy 16 13,474 49410 - Freight transport by road 15 2,008 70229 - Management consultancy activities other than financial management 14 14,505 7499 - Non-trading company 13 12,000 4521 - General construction & civil engineering 13 6,598 9305 - Other service activities 13 8,858 70100 - Activities of head offices 10 2,862 62020 - Information technology consultancy activities 9 9,177 7222 - Other software consultancy and supply 9 7,298 7415 - Holding companies including head offices 8 1,851 96090 - Other service activities not elsewhere classified 8 8,799
Recent Companies
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Randomly selected companies from this quarter
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