Folkestone, Kent

2010 Annual Business Confidence Report

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. 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.

    YearFolkestoneUK
    2010479400,358
    2009599362,675
    2008831349,203
    20071,136457,649
    20061,021405,440
    Record Year2004 (1,206)2007 (457,649)
    New Companies by Year
  2. 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)FolkestoneUK
    2010222196,609
    2009290180,654
    % change-23.4%8.8%
    Record Year2004 (634)2003 (201,446)
    New Companies by Half Year
  3. 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)FolkestoneUK
    201011795,117
    200914485,983
    % change-18.8%10.6%
    Record Year 2004 (312) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010493434
    New companies in 2009604638
    % change-18.3%-26.1%-10.5%
    Record Year2006 (133)2004 (150)2003 (123)

Closed Companies (dissolved)

  1. 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.

    YearFolkestoneUK
    2010852342,232
    20091,392533,773
    2008503237,901
    2007931220,295
    2006997200,166
    Record Year2009 (1,392)2009 (533,773)
    Dissolved Companies by Year
  2. 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)FolkestoneUK
    2010356164,601
    2009565244,537
    % change-37.0%-32.7%
    Record Year2009 (565)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)FolkestoneUK
    201017876,896
    200919985,136
    % change-10.6%-9.7%
    Record Year 2006 (228) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010609127
    Closed companies in 2009546976
    % change11.1%31.9%-64%
    Record Year2006 (98)2005 (92)2008 (77)

Net Company Growth

  1. 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.

    YearFolkestoneUK
    2010-37358,126
    2009-793-171,098
    2008328111,302
    2007205237,354
    200624205,274
    Record Year2004 (790)2003 (242,543)
    Net Growth by Year
  2. 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)FolkestoneUK
    2010-13432,008
    2009-275-63,883
    Record Year2004 (379)2003 (117,772)
    Net Growth by Half Year
  3. 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)FolkestoneUK
    2010-6118,221
    2009-55847
    Record Year 2004 (191) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-11-577
    Net growth in 20096-23-38
    Record Year2003 (90)2004 (106)2003 (103)

UK Company Share

  1. 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.

    YearFolkestone
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    20060.3%
    Record Year (since 1960)2004 (0.4%)
    Company Share by Year
  2. 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
    20100.1%
    20090.2%
    20080.2%
    20070.3%
    20060.3%
    Record Year (since 1960) 2004 (0.4%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.2%
    20080.2%
    20070.3%
    20060.3%
    Record Year (since 1960) 2004 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.2%0.1%0.1%
    % change-28.5%-33.9%-14.9%
    Record Year1966 (0.5%)2004 (0.5%)1997 (0.6%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    -2.95%CONSULTING5.06%
    TRANSPORT2.12%MANAGEMENT5.01%
    MANAGEMENT1.65%CONSULTANCY3.14%
    HOLDING1.30%PROPERTY2.36%
    SANDGATE0.83%TRADING2.11%
    FOLKESTONE0.71%ASSOCIATES1.95%
    EUROPE0.71%DESIGN1.92%
    CONSULTING0.71%BUSINESS1.82%
    TRANSPORTE0.71%CONSTRUCTION1.82%
    TRANS0.59%CONSULTANTS1.76%
    CONTINENTAL0.59%MEDIA1.71%
    DEVELOPMENTS0.59%ENGINEERING1.62%
    CONSULTANTS0.59%LONDON1.60%
    SERVICE0.59%CARE1.45%
    MEDIA0.47%INVESTMENTS1.44%
    (KENT)0.47%GLOBAL1.43%
    COURT0.47%J1.42%
    CIC0.47%IT1.41%
    SPORTS0.47%PROPERTIES1.34%
    PROPERTY0.47%INTERNATIONAL1.34%
    RESEARCH0.47%BUILDING1.34%
    J0.47%M1.30%
    ENERGY0.47%ELECTRICAL1.25%
    L0.47%SYSTEMS1.24%
    TRADING0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied612199,572
    9900 - Extra-territorial organisations119231
    7487 - Other business activities11963,348
    82990 - Other business support service activities not elsewhere classified5927,550
    74990 - Non-trading company308,243
    6024 - Freight transport by road242,401
    9999 - Dormant Company2320,144
    99000 - Activities of extraterritorial organizations and bodies22164
    99999 - Dormant Company1616,285
    7414 - Business & management consultancy1613,474
    49410 - Freight transport by road152,008
    70229 - Management consultancy activities other than financial management1414,505
    7499 - Non-trading company1312,000
    4521 - General construction & civil engineering136,598
    9305 - Other service activities138,858
    70100 - Activities of head offices102,862
    62020 - Information technology consultancy activities99,177
    7222 - Other software consultancy and supply97,298
    7415 - Holding companies including head offices81,851
    96090 - Other service activities not elsewhere classified88,799

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07440180 MILLDOWN PROPERTY MANAGEMENT COMPANY LIMITED 15 Nov 2010
    07453941 LEVEL4 MUSIC AND ENTERTAINMENT LIMITED 29 Nov 2010
    07453886 CASTANIA CONSULTANCY LTD. 29 Nov 2010
    07453176 AACQ LTD. 29 Nov 2010
    07449528 ANCIENTEGYPTAMANIA.COM LIMITED 24 Nov 2010
    07447434 MCSM MEDIA LTD 22 Nov 2010
    07447251 SOUTHWARK CONTRACTING LIMITED 22 Nov 2010
    07444332 DAVILED LIMITED 18 Nov 2010
    07444121 ORANJE CAPITAL EUROPE LTD 18 Nov 2010
    07438966 SOLID ROCK CHEER, GYMNASTICS AND DANCE ACADEMY LIMITED 15 Nov 2010
    07437296 AMICUS CORPORATE CONSULTANCY LIMITED 11 Nov 2010
    07435024 EXCLUSIVE DEALS LIMITED 10 Nov 2010
    07427338 RIVERSIDE TRADE FRAMES LTD 02 Nov 2010
    07427101 EU EXPRESS TRANSPORT LTD 02 Nov 2010
    07450383 FRANCO ENGINEERING LIMITED 24 Nov 2010
    07450171 MAXS HOUSE CIC 24 Nov 2010
    07446213 DLE - DRIVER LEASING EUROPE LIMITED 22 Nov 2010
    07446057 VIRTUE ENGINEERING LTD 22 Nov 2010
    07445662 THE VIEW (MKD) LTD 19 Nov 2010
    07445660 THE VIEW (MKB) LTD 19 Nov 2010
    07441852 BUCKET & SPADE LIMITED 17 Nov 2010
    07437710 PAPADAM LIMITED 11 Nov 2010
    07427981 THE FILM FACTORY C.I.C. 03 Nov 2010
    07427867 IDEADVANCE LIMITED 03 Nov 2010
    07427474 W.OLBRICH & CO LIMITED 02 Nov 2010