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

  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 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.

    YearHerne BayUK
    2010138400,358
    2009145362,675
    2008151349,203
    2007185457,649
    2006141405,440
    Record Year2007 (185)2007 (457,649)
    New Companies by Year
  2. 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 BayUK
    201062196,609
    200971180,654
    % change-12.7%8.8%
    Record Year2007 (79)2003 (201,446)
    New Companies by Half Year
  3. 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 BayUK
    20103495,117
    20093585,983
    % change-2.9%10.6%
    Record Year 2007 (39) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20101699
    New companies in 2009131111
    % change23.1%-18.2%-18.2%
    Record Year2002 (16)2008 (16)2009 (11)

Closed Companies (dissolved)

  1. 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.

    YearHerne BayUK
    2010161342,232
    2009167533,773
    200866237,901
    200791220,295
    200674200,166
    Record Year2009 (167)2009 (533,773)
    Dissolved Companies by Year
  2. 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 BayUK
    201078164,601
    200983244,537
    % change-6.0%-32.7%
    Record Year2009 (83)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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 BayUK
    20103076,896
    20093985,136
    % change-23.1%-9.7%
    Record Year 2009 (39) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 201015105
    Closed companies in 2009141510
    % change7.1%-33.3%-50%
    Record Year2010 (15)2009 (15)2009 (10)

Net Company Growth

  1. 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.

    YearHerne BayUK
    2010-2358,126
    2009-22-171,098
    200885111,302
    200794237,354
    200667205,274
    Record Year2003 (95)2003 (242,543)
    Net Growth by Year
  2. 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 BayUK
    2010-1632,008
    2009-12-63,883
    Record Year2002 (46)2003 (117,772)
    Net Growth by Half Year
  3. 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 BayUK
    2010418,221
    2009-4847
    Record Year 2002 (20) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20101-14
    Net growth in 2009-1-41
    Record Year2002 (9)2002 (11)2007 (5)

UK Company Share

  1. 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.

    YearHerne Bay
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1976 (0.1%)
    Company Share by Year
  2. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1977 (0.1%)
    Company Share by Half Year
  3. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1977 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change7.9%-26.8%-22.1%
    Record Year1967 (0.3%)1971 (0.2%)1977 (0.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    (KENT)1.82%CONSULTING5.06%
    ELECTRICAL1.82%MANAGEMENT5.01%
    CONSULTING1.45%CONSULTANCY3.14%
    MANAGEMENT1.09%PROPERTY2.36%
    CAPITAL1.09%TRADING2.11%
    FOR1.09%ASSOCIATES1.95%
    PROPERTY1.09%DESIGN1.92%
    R1.09%BUSINESS1.82%
    INVESTMENTS1.09%CONSTRUCTION1.82%
    ALGAE-X0.73%CONSULTANTS1.76%
    CLASS0.73%MEDIA1.71%
    CONTRACTORS0.73%ENGINEERING1.62%
    ASSOCIATES0.73%LONDON1.60%
    EVENTS0.73%CARE1.45%
    DESIGN0.73%INVESTMENTS1.44%
    BUILDING0.73%GLOBAL1.43%
    ROGER0.73%J1.42%
    TRANSATLANTIC0.73%IT1.41%
    M0.73%PROPERTIES1.34%
    MARWOOD0.73%INTERNATIONAL1.34%
    COASTAL0.73%BUILDING1.34%
    CONSULTANTS0.73%M1.30%
    LEARNING0.73%ELECTRICAL1.25%
    HERON0.73%SYSTEMS1.24%
    SYSTEMS0.73%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied80199,572
    7487 - Other business activities1863,348
    99999 - Dormant Company1316,285
    9999 - Dormant Company1220,144
    82990 - Other business support service activities not elsewhere classified727,550
    70229 - Management consultancy activities other than financial management514,505
    9305 - Other service activities48,858
    68209 - Other letting and operating of own or leased real estate43,755
    43220 - Plumbing, heat and air-conditioning installation42,187
    4521 - General construction & civil engineering46,598
    4534 - Other building installation42,357
    43999 - Other specialised construction activities not elsewhere classified42,854
    4545 - Other building completion32,598
    8514 - Other human health activities32,450
    62090 - Other information technology service activities36,330
    7260 - Other computer related activities38,089
    5020 - Maintenance & repair of motors31,408
    74909 - Other professional, scientific and technical activities not elsewhere classified37,088
    8042 - Adult and other education22,142
    9302 - Hairdressing & other beauty treatment21,496

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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