Kent
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Kent when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Kent when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Kent when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Kent when compared to any previous December.
- November 2014 saw a new record in company registrations in Kent when compared to any previous November.
- October 2014 saw a new record in company registrations in Kent when compared to any previous October.
- December 2014 saw a new record in company closures in Kent when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Kent when compared to any year in history.
A total of 18,363 companies were formed in Kent in 2014. This total is 8.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Kent UK 2014 18,363 582,051 2013 16,977 529,363 2012 15,913 491,893 2011 15,199 452,870 2010 13,920 400,358 Record Year 2014 (18,363) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Kent when compared to any previous second half year.
In the second half of 2014 a total of 8,861 companies were formed in Kent. This figure is 8.2% higher than last year, which compares equally to the UK wide figure of 8.2%.
The highest total for a second half year in Kent occurred in 2014 when a total of 8,861 were formed.
Half Year (Jul-Dec) Kent UK 2014 8,861 281,320 2013 8,187 259,931 % change 8.2% 8.2% Record Year 2014 (8,861) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Kent when compared to any previous Q4.
A total of 4,294 companies were registered in Kent during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 11.6% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Kent UK 2014 4,294 137,906 2013 3,848 127,247 % change 11.6% 8.4% Record Year 2014 (4,294) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Kent when compared to any previous December.
November 2014 saw a new record in company registrations in Kent when compared to any previous November.
October 2014 saw a new record in company registrations in Kent when compared to any previous October.
New Companies by Month
October November December New companies in 2014 1,636 1,397 1,261 New companies in 2013 1,464 1,311 1,073 % change 11.7% 6.6% 17.5% Record Year 2014 (1,636) 2014 (1,397) 2014 (1,261)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 12,350 companies were dissolved in Kent in 2014. This total is 7.1% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Kent UK 2014 12,350 367,937 2013 11,532 332,213 2012 9,885 293,729 2011 10,982 314,524 2010 12,047 342,233 Record Year 2009 (16,007) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 6,528 companies were dissolved in Kent. This figure is 13.1% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 6,528 190,730 2013 5,771 177,021 % change 13.1% 7.7% Record Year 2009 (6,689) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 2,983 companies were dissolved in Kent during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 0.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Kent UK 2014 2,983 89,060 2013 2,986 90,851 % change -0.1% -2.0% Record Year 2013 (2,986) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Kent when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 881 918 1,184 Closed companies in 2013 1,111 889 986 % change -20.7% 3.3% 20% Record Year 2012 (1,175) 2011 (1,199) 2014 (1,184)
Net Company Growth
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Annual Data (2014)
A total of 6,013 companies were added to the company register for Kent in 2014. This number represents growth of 32.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 568 companies higher 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 2014 6,013 214,114 2013 5,445 197,150 2012 6,028 198,164 2011 4,217 138,346 2010 1,873 58,125 Record Year 2007 (7,126) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Kent increased by 2,333 companies.
Half Year (Jul-Dec) Kent UK 2014 2,333 90,590 2013 2,416 82,910 Record Year 2003 (4,582) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Kent during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 1,311 companies.
fourth quarter (Oct 2014 - Dec 2014) Kent UK 2014 1,311 48,846 2013 862 36,396 Record Year 2012 (1,346) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 755 479 77 Net growth in 2013 353 422 87 Record Year 2008 (928) 2003 (609) 2003 (740)
UK Company Share
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Annual Data (2014)
In 2014 Kent formed 3.2% of all UK companies. This is no change on 2013 when Kent was responsible for 3.2% of all UK companies.
Year Kent 2014 3.2% 2013 3.2% 2012 3.2% 2011 3.4% 2010 3.5% Record Year (since 1960) 2009 (3.8%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Kent formed 3.1% of all UK companies. This is the same as the 2013 figure of 3.1%.
Half Year (Jul-Dec) Kent 2014 3.1% 2013 3.1% 2012 3.2% 2011 3.3% 2010 3.5% Record Year (since 1960) 2003 (3.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Kent formed 3.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Kent 2014 3.1% 2013 3.0% 2012 3.2% 2011 3.3% 2010 3.3% Record Year (since 1960) 2003 (3.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 3.1% 3.1% 3.1% UK formation share in 2013 3.0% 3.0% 3.1% % change 6.3% 1.2% 0.6% Record Year 2002 (3.9%) 2004 (3.7%) 2003 (4.5%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.7.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.3.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.7.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 28.0%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Kent was 2013 when 30.0% of all directors were female.
27.8% of all director appointments in Kent in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Kent was in 2013 when 30.8% of all directors were female.
28.4% of all director appointments in Kent in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.51% CONSULTING 5.22% MANAGEMENT 2.35% MANAGEMENT 4.58% CONSULTANCY 1.91% CONSULTANCY 3.57% PROPERTY 1.74% PROPERTY 2.66% CONSTRUCTION 1.45% CONSTRUCTION 2.12% KENT 1.42% ENGINEERING 2.10% ELECTRICAL 1.21% CARE 2.02% LONDON 1.17% TRADING 1.94% CARE 1.04% LONDON 1.93% CONSULTANTS 0.98% TRANSPORT 1.93% BUILDING 0.96% DESIGN 1.66% DESIGN 0.93% CONSULTANTS 1.64% ENGINEERING 0.83% ELECTRICAL 1.62% J 0.83% PROPERTIES 1.62% DEVELOPMENTS 0.81% BUSINESS 1.56% PROPERTIES 0.79% J 1.54% ASSOCIATES 0.79% CO., 1.50% CO 0.76% GLOBAL 1.49% BUSINESS 0.73% INVESTMENTS 1.48% INVESTMENTS 0.70% ASSOCIATES 1.47% TRADING 0.67% DEVELOPMENTS 1.35% MEDIA 0.63% MEDIA 1.33% S 0.63% IT 1.31% GLOBAL 0.61% BUILDING 1.29% MAINTENANCE 0.60% M 1.22%
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 7,846 265,608 82990 - Other business support service activities not elsewhere classified 1,679 58,068 99999 - Dormant Company 1,552 48,509 70229 - Management consultancy activities other than financial management 1,448 42,290 96090 - Other service activities not elsewhere classified 1,009 29,009 62020 - Information technology consultancy activities 970 30,178 74990 - Non-trading company 758 13,984 74909 - Other professional, scientific and technical activities not elsewhere classified 578 19,049 86900 - Other human health activities 525 12,976 41100 - Development of building projects 511 11,397 43999 - Other specialised construction activities not elsewhere classified 441 8,761 62090 - Other information technology service activities 364 12,837 43210 - Electrical installation 328 5,985 41202 - Construction of domestic buildings 327 7,559 43390 - Other building completion and finishing 327 5,931 68209 - Other letting and operating of own or leased real estate 315 11,212 47910 - Retail sale via mail order houses or via Internet 288 10,107 47990 - Other retail sale not in stores, stalls or markets 274 6,452 43220 - Plumbing, heat and air-conditioning installation 269 5,189 56101 - Licensed restaurants 254 8,782
Recent Companies
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Randomly selected companies from this quarter
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