Kent
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Kent when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Kent when compared to any previous second half year.
- November 2013 saw a new record in company registrations in Kent when compared to any previous November.
- The record fourth quarter for female directors in Kent was in 2013 when 30.8% of all directors were female.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Kent when compared to any year in history.
A total of 16,977 companies were formed in Kent in 2013. This total is 6.7% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Kent UK 2013 16,977 529,363 2012 15,913 491,893 2011 15,199 452,870 2010 13,920 400,358 2009 13,606 362,675 Record Year 2013 (16,977) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Kent when compared to any previous second half year.
In the second half of 2013 a total of 8,187 companies were formed in Kent. This figure is 8.0% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Kent occurred in 2013 when a total of 8,187 were formed.
Half Year (Jul-Dec) Kent UK 2013 8,187 259,931 2012 7,579 238,743 % change 8.0% 8.9% Record Year 2013 (8,187) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 3,848 companies were registered in Kent during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 0.1% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Kent UK 2013 3,848 127,247 2012 3,852 119,875 % change -0.1% 6.1% Record Year 2012 (3,852) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Kent when compared to any previous November.
New Companies by Month
October November December New companies in 2013 1,464 1,311 1,073 New companies in 2012 1,596 1,281 975 % change -8.3% 2.3% 10.1% Record Year 2012 (1,596) 2013 (1,311) 2003 (1,232)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 11,532 companies were dissolved in Kent in 2013. This total is 16.7% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Kent UK 2013 11,532 332,213 2012 9,885 293,729 2011 10,982 314,524 2010 12,047 342,233 2009 16,007 533,789 Record Year 2009 (16,007) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 5,771 companies were dissolved in Kent. This figure is 16.0% higher than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Kent occurred in 2009 when a total of 6,689 were closed.
Half Year (Jul-Dec) Kent UK 2013 5,771 177,021 2012 4,977 145,935 % change 16.0% 21.3% Record Year 2009 (6,689) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 2,986 companies were dissolved in Kent during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 19.2% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Kent UK 2013 2,986 90,851 2012 2,506 70,027 % change 19.2% 29.7% Record Year 2013 (2,986) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 1,111 889 986 Closed companies in 2012 1,175 777 554 % change -5.4% 14.4% 78% Record Year 2012 (1,175) 2011 (1,199) 2009 (1,002)
Net Company Growth
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Annual Data (2013)
A total of 5,445 companies were added to the company register for Kent in 2013. This number represents growth of 32.1% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 583 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Kent company register grew by 7,126 companies.
Year Kent UK 2013 5,445 197,150 2012 6,028 198,164 2011 4,217 138,346 2010 1,873 58,125 2009 -2,401 -171,114 Record Year 2007 (7,126) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Kent increased by 2,416 companies.
Half Year (Jul-Dec) Kent UK 2013 2,416 82,910 2012 2,602 92,808 Record Year 2003 (4,582) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Kent during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 862 companies.
fourth quarter (Oct 2013 - Dec 2013) Kent UK 2013 862 36,396 2012 1,346 49,848 Record Year 2012 (1,346) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 353 422 87 Net growth in 2012 421 504 421 Record Year 2008 (928) 2003 (609) 2003 (740)
UK Company Share
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Annual Data (2013)
In 2013 Kent formed 3.2% of all UK companies. This is no change on 2012 when Kent was responsible for 3.2% of all UK companies.
Year Kent 2013 3.2% 2012 3.2% 2011 3.4% 2010 3.5% 2009 3.8% Record Year (since 1960) 2009 (3.8%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Kent formed 3.1% of all UK companies. This is less than the 2012 figure of 3.2%.
Half Year (Jul-Dec) Kent 2013 3.1% 2012 3.2% 2011 3.3% 2010 3.5% 2009 3.7% Record Year (since 1960) 2003 (3.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Kent formed 3.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Kent 2013 3.0% 2012 3.2% 2011 3.3% 2010 3.3% 2009 3.5% Record Year (since 1960) 2003 (3.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 3.0% 3.0% 3.1% UK formation share in 2012 3.5% 3.0% 3.1% % change -14.7% 0.6% 0.1% Record Year 2002 (3.9%) 2004 (3.7%) 2003 (4.5%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.8.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.4.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 43.5.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Kent was 1990 when 36.5% of all directors were female.
The percentage of female directors in Kent in 2013 was 29.4%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Kent was 2004 when 30.0% of all directors were female.
30.0% of all director appointments in Kent in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Kent was in 2013 when 30.8% of all directors were female.
30.8% of all director appointments in Kent in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.77% CONSULTING 5.22% MANAGEMENT 2.59% MANAGEMENT 4.72% CONSULTANCY 2.07% CONSULTANCY 3.45% KENT 1.59% PROPERTY 2.59% PROPERTY 1.41% TRADING 2.08% CONSTRUCTION 1.07% ENGINEERING 1.87% BUILDING 0.96% LONDON 1.86% CARE 0.93% DESIGN 1.76% LONDON 0.93% CONSTRUCTION 1.73% CONSULTANTS 0.91% CARE 1.73% ELECTRICAL 0.89% BUSINESS 1.71% ASSOCIATES 0.88% CONSULTANTS 1.68% J 0.78% GLOBAL 1.58% TRADING 0.77% INVESTMENTS 1.56% DESIGN 0.76% PROPERTIES 1.54% PROPERTIES 0.68% ASSOCIATES 1.53% TRAINING 0.67% J 1.51% ENGINEERING 0.66% MEDIA 1.50% INVESTMENTS 0.65% IT 1.35% (KENT) 0.64% DEVELOPMENTS 1.23% R 0.64% M 1.23% S 0.63% BUILDING 1.21% IT 0.62% ELECTRICAL 1.20% SYSTEMS 0.60% CAPITAL 1.19% BUSINESS 0.59% ENERGY 1.14%
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 8,381 266,814 82990 - Other business support service activities not elsewhere classified 1,611 55,342 99999 - Dormant Company 1,569 46,762 70229 - Management consultancy activities other than financial management 1,221 36,164 74990 - Non-trading company 965 14,223 62020 - Information technology consultancy activities 880 27,183 96090 - Other service activities not elsewhere classified 773 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 531 18,034 41100 - Development of building projects 424 9,485 62090 - Other information technology service activities 397 12,511 43999 - Other specialised construction activities not elsewhere classified 386 7,823 86900 - Other human health activities 375 9,543 43210 - Electrical installation 299 5,730 43390 - Other building completion and finishing 276 5,405 47910 - Retail sale via mail order houses or via Internet 270 8,879 41202 - Construction of domestic buildings 266 6,191 47990 - Other retail sale not in stores, stalls or markets 260 5,800 68209 - Other letting and operating of own or leased real estate 250 8,733 43220 - Plumbing, heat and air-conditioning installation 240 4,687 69201 - Accounting and auditing activities 229 7,075
Recent Companies
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Randomly selected companies from this quarter
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