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

  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 (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.

    YearKentUK
    201418,363582,051
    201316,977529,363
    201215,913491,893
    201115,199452,870
    201013,920400,358
    Record Year2014 (18,363)2014 (582,051)
    New Companies by Year
  2. 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)KentUK
    20148,861281,320
    20138,187259,931
    % change8.2%8.2%
    Record Year2014 (8,861)2014 (281,320)
    New Companies by Half Year
  3. 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)KentUK
    20144,294137,906
    20133,848127,247
    % change11.6%8.4%
    Record Year 2014 (4,294) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 20141,6361,3971,261
    New companies in 20131,4641,3111,073
    % change11.7%6.6%17.5%
    Record Year2014 (1,636)2014 (1,397)2014 (1,261)

Closed Companies (dissolved)

  1. 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.

    YearKentUK
    201412,350367,937
    201311,532332,213
    20129,885293,729
    201110,982314,524
    201012,047342,233
    Record Year2009 (16,007)2009 (533,789)
    Dissolved Companies by Year
  2. 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)KentUK
    20146,528190,730
    20135,771177,021
    % change13.1%7.7%
    Record Year2009 (6,689)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)KentUK
    20142,98389,060
    20132,98690,851
    % change-0.1%-2.0%
    Record Year 2013 (2,986) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20148819181,184
    Closed companies in 20131,111889986
    % change-20.7%3.3%20%
    Record Year2012 (1,175)2011 (1,199)2014 (1,184)

Net Company Growth

  1. 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.

    YearKentUK
    20146,013214,114
    20135,445197,150
    20126,028198,164
    20114,217138,346
    20101,87358,125
    Record Year2007 (7,126)2007 (237,353)
    Net Growth by Year
  2. 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)KentUK
    20142,33390,590
    20132,41682,910
    Record Year2003 (4,582)2003 (117,772)
    Net Growth by Half Year
  3. 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)KentUK
    20141,31148,846
    201386236,396
    Record Year 2012 (1,346) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201475547977
    Net growth in 201335342287
    Record Year2008 (928)2003 (609)2003 (740)

UK Company Share

  1. 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.

    YearKent
    20143.2%
    20133.2%
    20123.2%
    20113.4%
    20103.5%
    Record Year (since 1960)2009 (3.8%)
    Company Share by Year
  2. 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
    20143.1%
    20133.1%
    20123.2%
    20113.3%
    20103.5%
    Record Year (since 1960) 2003 (3.8%)
    Company Share by Half Year
  3. 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
    20143.1%
    20133.0%
    20123.2%
    20113.3%
    20103.3%
    Record Year (since 1960) 2003 (3.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20143.1%3.1%3.1%
    UK formation share in 20133.0%3.0%3.1%
    % change6.3%1.2%0.6%
    Record Year2002 (3.9%)2004 (3.7%)2003 (4.5%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.51%CONSULTING5.22%
    MANAGEMENT2.35%MANAGEMENT4.58%
    CONSULTANCY1.91%CONSULTANCY3.57%
    PROPERTY1.74%PROPERTY2.66%
    CONSTRUCTION1.45%CONSTRUCTION2.12%
    KENT1.42%ENGINEERING2.10%
    ELECTRICAL1.21%CARE2.02%
    LONDON1.17%TRADING1.94%
    CARE1.04%LONDON1.93%
    CONSULTANTS0.98%TRANSPORT1.93%
    BUILDING0.96%DESIGN1.66%
    DESIGN0.93%CONSULTANTS1.64%
    ENGINEERING0.83%ELECTRICAL1.62%
    J0.83%PROPERTIES1.62%
    DEVELOPMENTS0.81%BUSINESS1.56%
    PROPERTIES0.79%J1.54%
    ASSOCIATES0.79%CO.,1.50%
    CO0.76%GLOBAL1.49%
    BUSINESS0.73%INVESTMENTS1.48%
    INVESTMENTS0.70%ASSOCIATES1.47%
    TRADING0.67%DEVELOPMENTS1.35%
    MEDIA0.63%MEDIA1.33%
    S0.63%IT1.31%
    GLOBAL0.61%BUILDING1.29%
    MAINTENANCE0.60%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,846265,608
    82990 - Other business support service activities not elsewhere classified1,67958,068
    99999 - Dormant Company1,55248,509
    70229 - Management consultancy activities other than financial management1,44842,290
    96090 - Other service activities not elsewhere classified1,00929,009
    62020 - Information technology consultancy activities97030,178
    74990 - Non-trading company75813,984
    74909 - Other professional, scientific and technical activities not elsewhere classified57819,049
    86900 - Other human health activities52512,976
    41100 - Development of building projects51111,397
    43999 - Other specialised construction activities not elsewhere classified4418,761
    62090 - Other information technology service activities36412,837
    43210 - Electrical installation3285,985
    41202 - Construction of domestic buildings3277,559
    43390 - Other building completion and finishing3275,931
    68209 - Other letting and operating of own or leased real estate31511,212
    47910 - Retail sale via mail order houses or via Internet28810,107
    47990 - Other retail sale not in stores, stalls or markets2746,452
    43220 - Plumbing, heat and air-conditioning installation2695,189
    56101 - Licensed restaurants2548,782

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09244511 I.R.S. MANAGEMENT INVESTMENTS LTD 01 Oct 2014
    09245006 MOGGIE COMPANY LTD 02 Oct 2014
    09251539 BESPOKE AIR CHARTER LTD 07 Oct 2014
    09258363 TUNA LTD 10 Oct 2014
    09258458 KKVB SERVICES LTD 10 Oct 2014
    09260161 AUTOFLIGHT LTD 13 Oct 2014
    09270096 WIDMORE LIMITED 20 Oct 2014
    09271107 COLVIN CONTRACTS LIMITED 20 Oct 2014
    09271830 LITTLE ELMS DAYCARE NURSERY SHIRLEY LIMITED 20 Oct 2014
    09272731 BIRMINGHAM (H.K) CONSULTANCY COMPANY LTD 21 Oct 2014
    09274446 WHISPERSFX SOLUTIONS LIMITED 22 Oct 2014
    09278916 NARGES LTD 24 Oct 2014
    09279244 TRAVELFORALL LIMITED 24 Oct 2014
    09281494 ANARCHY FITNESS LIMITED 27 Oct 2014
    09282882 EAST GATE HOUSE RESIDENTS COMPANY LIMITED 27 Oct 2014
    09287154 LITTLE LEGS FAMILY CAFE LIMITED 29 Oct 2014
    09289099 PETTS WOOD OPTICIANS LIMITED 30 Oct 2014
    09252794 JAAV CONSULTANCY SERVICES LIMITED 07 Oct 2014
    09255752 SHILLAND NUTRITION LTD 09 Oct 2014
    09273781 STEPWISE SOLUTIONS UK LTD 21 Oct 2014
    09259456 SINO ROADL TIME GROUP LTD 10 Oct 2014
    09268821 THE AUDIENCE PLATFORM LIMITED 17 Oct 2014
    09273661 SKUA GLOBAL LTD 21 Oct 2014
    09278048 FOREVER SHINE INDUSTRY CO., LIMITED 23 Oct 2014
    09278995 GIANT SQUID INC LTD 24 Oct 2014