Herne Bay, Kent
2010 Annual Business Confidence Report
Headlines
- October 2010 saw a new record in company closures in Herne Bay when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 138 companies were formed in Herne Bay in 2010. This total is 4.8% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Herne Bay UK 2010 138 400,358 2009 145 362,675 2008 151 349,203 2007 185 457,649 2006 141 405,440 Record Year 2007 (185) 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 62 companies were formed in Herne Bay. This figure is 12.7% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Herne Bay occurred in 2007 when a total of 79 were formed.
Half Year (Jul-Dec) Herne Bay UK 2010 62 196,609 2009 71 180,654 % change -12.7% 8.8% Record Year 2007 (79) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 34 companies were registered in Herne Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 2.9% 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) Herne Bay UK 2010 34 95,117 2009 35 85,983 % change -2.9% 10.6% Record Year 2007 (39) 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 16 9 9 New companies in 2009 13 11 11 % change 23.1% -18.2% -18.2% Record Year 2002 (16) 2008 (16) 2009 (11)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 161 companies were dissolved in Herne Bay in 2010. This total is 3.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Herne Bay UK 2010 161 342,232 2009 167 533,773 2008 66 237,901 2007 91 220,295 2006 74 200,166 Record Year 2009 (167) 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 78 companies were dissolved in Herne Bay. This figure is 6.0% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Herne Bay occurred in 2009 when a total of 83 were closed.
Half Year (Jul-Dec) Herne Bay UK 2010 78 164,601 2009 83 244,537 % change -6.0% -32.7% Record Year 2009 (83) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 30 companies were dissolved in Herne Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 23.1% 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) Herne Bay UK 2010 30 76,896 2009 39 85,136 % change -23.1% -9.7% Record Year 2009 (39) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Herne Bay when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 15 10 5 Closed companies in 2009 14 15 10 % change 7.1% -33.3% -50% Record Year 2010 (15) 2009 (15) 2009 (10)
Net Company Growth
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Annual Data (2010)
A total of -23 companies were removed to the company register for Herne Bay in 2010. This number represents decline of 15.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 1 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Herne Bay company register grew by 95 companies.
Year Herne Bay UK 2010 -23 58,126 2009 -22 -171,098 2008 85 111,302 2007 94 237,354 2006 67 205,274 Record Year 2003 (95) 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 Herne Bay decreased by 16 companies.
Half Year (Jul-Dec) Herne Bay UK 2010 -16 32,008 2009 -12 -63,883 Record Year 2002 (46) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Herne Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 4 companies.
fourth quarter (Oct 2010 - Dec 2010) Herne Bay UK 2010 4 18,221 2009 -4 847 Record Year 2002 (20) 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 1 -1 4 Net growth in 2009 -1 -4 1 Record Year 2002 (9) 2002 (11) 2007 (5)
UK Company Share
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Annual Data (2010)
In 2010 Herne Bay formed 0.0% of all UK companies. This is no change on 2009 when Herne Bay was responsible for 0.0% of all UK companies.
Year Herne Bay 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1976 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Herne Bay formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Herne Bay 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1977 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Herne Bay formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Herne Bay 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1977 (0.1%) 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 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.0% 0.0% % change 7.9% -26.8% -22.1% Record Year 1967 (0.3%) 1971 (0.2%) 1977 (0.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.3.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 4.8% 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 42.8.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.9% 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 39.4.
The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.3% 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 Herne Bay was 1857 when 36.4% of all directors were female.
The percentage of female directors in Herne Bay in 2010 was 30.1%. 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 Herne Bay was 1860 when 42.9% of all directors were female.
33.0% of all director appointments in Herne Bay 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 Herne Bay was in 1977 when 31.1% of all directors were female.
33.9% of all director appointments in Herne Bay 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 (KENT) 1.82% CONSULTING 5.06% ELECTRICAL 1.82% MANAGEMENT 5.01% CONSULTING 1.45% CONSULTANCY 3.14% MANAGEMENT 1.09% PROPERTY 2.36% CAPITAL 1.09% TRADING 2.11% FOR 1.09% ASSOCIATES 1.95% PROPERTY 1.09% DESIGN 1.92% R 1.09% BUSINESS 1.82% INVESTMENTS 1.09% CONSTRUCTION 1.82% ALGAE-X 0.73% CONSULTANTS 1.76% CLASS 0.73% MEDIA 1.71% CONTRACTORS 0.73% ENGINEERING 1.62% ASSOCIATES 0.73% LONDON 1.60% EVENTS 0.73% CARE 1.45% DESIGN 0.73% INVESTMENTS 1.44% BUILDING 0.73% GLOBAL 1.43% ROGER 0.73% J 1.42% TRANSATLANTIC 0.73% IT 1.41% M 0.73% PROPERTIES 1.34% MARWOOD 0.73% INTERNATIONAL 1.34% COASTAL 0.73% BUILDING 1.34% CONSULTANTS 0.73% M 1.30% LEARNING 0.73% ELECTRICAL 1.25% HERON 0.73% SYSTEMS 1.24% SYSTEMS 0.73% 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 80 199,572 7487 - Other business activities 18 63,348 99999 - Dormant Company 13 16,285 9999 - Dormant Company 12 20,144 82990 - Other business support service activities not elsewhere classified 7 27,550 70229 - Management consultancy activities other than financial management 5 14,505 9305 - Other service activities 4 8,858 68209 - Other letting and operating of own or leased real estate 4 3,755 43220 - Plumbing, heat and air-conditioning installation 4 2,187 4521 - General construction & civil engineering 4 6,598 4534 - Other building installation 4 2,357 43999 - Other specialised construction activities not elsewhere classified 4 2,854 4545 - Other building completion 3 2,598 8514 - Other human health activities 3 2,450 62090 - Other information technology service activities 3 6,330 7260 - Other computer related activities 3 8,089 5020 - Maintenance & repair of motors 3 1,408 74909 - Other professional, scientific and technical activities not elsewhere classified 3 7,088 8042 - Adult and other education 2 2,142 9302 - Hairdressing & other beauty treatment 2 1,496
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07424485 CWB TRADING LIMITED 29 Oct 2010 07422451 16 BRUNSWICK SQUARE LIMITED 28 Oct 2010 07422246 HEAVENISTER LIMITED 28 Oct 2010 07420415 R F ELECTRICAL & SECURITY LTD 27 Oct 2010 07419492 G ENTERTAINMENTS (UK) LIMITED 26 Oct 2010 07419276 FIRWOOD COURT LIVERY STABLES LTD 26 Oct 2010 07416962 STC PAYROLL GIVING LIMITED 22 Oct 2010 07410333 SO WOT DESIGNS LTD 18 Oct 2010 07405280 LOVES 1ST KISS LTD 12 Oct 2010 07404871 HERON FIRE SAFETY LIMITED 12 Oct 2010 07404400 HEAR REGAIN LIMITED 12 Oct 2010 07403669 ELEC-UK LTD 12 Oct 2010 07402999 HERON SAILING LIMITED 11 Oct 2010 07401996 THE PHONE SHACK LIMITED 11 Oct 2010 07397618 INTEGRITY PROPERTY INVESTMENTS LTD 05 Oct 2010 07395759 CORNERSTONE ENVIRONMENTAL LTD 04 Oct 2010