Kent

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Kent when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Kent when compared to any quarter in history.
  • February 2015 saw a new record in company registrations in Kent when compared to any previous February.
  • January 2015 saw a new record in company registrations in Kent when compared to any previous January.
  • February 2015 saw a new record in company closures in Kent when compared to any previous February.
  • January 2015 saw a new record in net growth in Kent when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Kent when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Kent when compared to any quarter in history.

    A total of 5,225 companies were registered in Kent during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 10.1% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)KentUK
    20155,225161,156
    20144,744150,722
    % change10.1%6.9%
    Record Year 2015 (5,225) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in Kent when compared to any previous February.

    January 2015 saw a new record in company registrations in Kent when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20151,5561,6871,982
    New companies in 20141,4961,5431,705
    % change4.0%9.3%16.2%
    Record Year2015 (1,556)2015 (1,687)2007 (2,353)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 2,916 companies were dissolved in Kent during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 10.6% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)KentUK
    20152,91689,523
    20142,63782,370
    % change10.6%8.7%
    Record Year 2009 (3,488) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Kent when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20157541,0041,158
    Closed companies in 2014858907872
    % change-12.1%10.7%33%
    Record Year2011 (1,251)2015 (1,004)2009 (2,306)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Kent during the first quarter of 2015 (Jan 2015 - Mar 2015) was 2,309 companies.

    first quarter (Jan 2015 - Mar 2015)KentUK
    20152,30971,633
    20142,10768,352
    Record Year 2007 (2,884) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Kent when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015802683824
    Net growth in 2014638636833
    Record Year2015 (802)2007 (770)2007 (1,701)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Kent formed 3.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Kent
    20153.2%
    20143.1%
    20133.3%
    20123.3%
    20113.4%
    Record Year (since 1960) 2002 (3.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20153.2%3.2%3.3%
    UK formation share in 20143.2%3.2%3.1%
    % change2.0%0.7%6.0%
    Record Year2008 (3.9%)2002 (4.1%)1997 (4.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 44.1.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Kent was in 2008 when 30.8% of all directors were female.

    29.3% of all director appointments in Kent in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING2.57%CONSULTING5.23%
    MANAGEMENT2.42%MANAGEMENT4.56%
    CONSULTANCY1.91%CONSULTANCY3.62%
    PROPERTY1.80%PROPERTY2.72%
    KENT1.44%CONSTRUCTION2.19%
    CONSTRUCTION1.43%CARE2.13%
    ELECTRICAL1.35%ENGINEERING2.12%
    CARE1.11%LONDON1.91%
    LONDON1.09%TRADING1.88%
    BUILDING1.02%TRANSPORT1.82%
    CONSULTANTS0.98%ELECTRICAL1.76%
    J0.87%DESIGN1.65%
    DESIGN0.84%PROPERTIES1.63%
    ENGINEERING0.84%CO.,1.58%
    CO0.84%J1.55%
    PROPERTIES0.79%CONSULTANTS1.54%
    DEVELOPMENTS0.79%BUSINESS1.49%
    ASSOCIATES0.76%INVESTMENTS1.49%
    BUSINESS0.75%GLOBAL1.46%
    INVESTMENTS0.70%ASSOCIATES1.44%
    S0.68%DEVELOPMENTS1.36%
    (KENT)0.66%BUILDING1.31%
    TRADING0.64%IT1.30%
    MEDIA0.64%MEDIA1.28%
    RAIL0.63%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied8,496288,953
    82990 - Other business support service activities not elsewhere classified1,65658,522
    99999 - Dormant Company1,59249,474
    70229 - Management consultancy activities other than financial management1,43443,081
    96090 - Other service activities not elsewhere classified1,04329,218
    62020 - Information technology consultancy activities99130,825
    74990 - Non-trading company69313,794
    86900 - Other human health activities59313,990
    74909 - Other professional, scientific and technical activities not elsewhere classified57819,098
    41100 - Development of building projects53111,863
    43999 - Other specialised construction activities not elsewhere classified4649,080
    62090 - Other information technology service activities37612,862
    43390 - Other building completion and finishing3336,052
    43210 - Electrical installation3316,139
    41202 - Construction of domestic buildings3267,797
    68209 - Other letting and operating of own or leased real estate32011,600
    47910 - Retail sale via mail order houses or via Internet28510,200
    43220 - Plumbing, heat and air-conditioning installation2775,331
    47990 - Other retail sale not in stores, stalls or markets2556,557
    56101 - Licensed restaurants2468,909

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09470910 BONDIBLU MARKETING LIMITED 04 Mar 2015
    09471092 FLANAGAN MARKETING CONSULTANCY LIMITED 04 Mar 2015
    09476876 BRIGHT BUSINESSES LTD 09 Mar 2015
    09477364 KATIE MULLALLY LTD 09 Mar 2015
    09478370 MOTHER & BABY CARE SERVICES LTD 09 Mar 2015
    09480758 A4AFRICA LIMITED 10 Mar 2015
    09483575 SHINE MANAGEMENT CONSULTING LIMITED 11 Mar 2015
    09492208 LINKED ELECTRICAL LTD 16 Mar 2015
    09494881 SUGANYA LIMITED 17 Mar 2015
    09495093 GAIA NEWTON ASSOCIATES LIMITED 17 Mar 2015
    09499143 BLONDE HOLDINGS LTD 19 Mar 2015
    09499508 ELITE BLACK TIGER LTD 19 Mar 2015
    09500328 EXCELLENCE GROUP LIMITED 20 Mar 2015
    09503137 M & S PLUMBING & HEATING SERVICES LTD 23 Mar 2015
    09506556 SKP88 LTD 24 Mar 2015
    09515849 UXGATEWAY LIMITED 28 Mar 2015
    09472460 GOPHER 15 LTD 05 Mar 2015
    09474332 BROMLEY CWA LTD 06 Mar 2015
    09478148 MUSIC HIRE LIMITED 09 Mar 2015
    09484636 QUALIT HOMES LIMITED 11 Mar 2015
    09486129 DEP LIMITED 12 Mar 2015
    09504181 BROMLEY ACCOUNTING LIMITED 23 Mar 2015
    09478932 MASTERMIND BUSINESS NETWORK LTD 09 Mar 2015
    09483385 VICTORIO U K LTD 11 Mar 2015
    09517901 OPTIMUS ELECTRICAL LTD 30 Mar 2015