Maidstone, Kent
2010 Annual Business Confidence Report
Headlines
- Q4 2010 saw a new record in company closures in Maidstone when compared to any previous Q4.
Contents
New Company Registrations
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Annual Data (2010)
A total of 843 companies were formed in Maidstone in 2010. This total is 11.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Maidstone UK 2010 843 400,358 2009 757 362,675 2008 712 349,203 2007 1,036 457,649 2006 784 405,440 Record Year 2007 (1,036) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 403 companies were formed in Maidstone. This figure is 9.2% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Maidstone occurred in 2003 when a total of 454 were formed.
Half Year (Jul-Dec) Maidstone UK 2010 403 196,609 2009 369 180,654 % change 9.2% 8.8% Record Year 2003 (454) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 192 companies were registered in Maidstone during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 21.5% versus the same period last year (Q4 2009). This figure compares well 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) Maidstone UK 2010 192 95,117 2009 158 85,983 % change 21.5% 10.6% Record Year 2003 (222) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 75 67 50 New companies in 2009 60 61 37 % change 25.0% 9.8% 35.1% Record Year 2003 (90) 2006 (82) 2002 (65)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 700 companies were dissolved in Maidstone in 2010. This total is 25.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Maidstone UK 2010 700 342,232 2009 943 533,773 2008 506 237,901 2007 491 220,295 2006 511 200,166 Record Year 2009 (943) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 334 companies were dissolved in Maidstone. This figure is 15.2% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Maidstone occurred in 2009 when a total of 394 were closed.
Half Year (Jul-Dec) Maidstone UK 2010 334 164,601 2009 394 244,537 % change -15.2% -32.7% Record Year 2009 (394) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Maidstone when compared to any previous Q4.
A total of 173 companies were dissolved in Maidstone during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 3.0% versus the same period last year (Q4 2009). This figure compares poorly 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) Maidstone UK 2010 173 76,896 2009 168 85,136 % change 3.0% -9.7% Record Year 2010 (173) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 75 58 40 Closed companies in 2009 50 61 57 % change 50.0% -4.9% -30% Record Year 2007 (85) 2009 (61) 2009 (57)
Net Company Growth
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Annual Data (2010)
A total of 143 companies were added to the company register for Maidstone in 2010. This number represents growth of 18.9% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 329 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Maidstone company register grew by 597 companies.
Year Maidstone UK 2010 143 58,126 2009 -186 -171,098 2008 206 111,302 2007 545 237,354 2006 273 205,274 Record Year 2003 (597) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Maidstone increased by 69 companies.
Half Year (Jul-Dec) Maidstone UK 2010 69 32,008 2009 -25 -63,883 Record Year 2002 (265) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Maidstone during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 19 companies.
fourth quarter (Oct 2010 - Dec 2010) Maidstone UK 2010 19 18,221 2009 -10 847 Record Year 2003 (147) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 0 9 10 Net growth in 2009 10 0 -20 Record Year 2003 (77) 2006 (51) 2002 (35)
UK Company Share
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Annual Data (2010)
In 2010 Maidstone formed 0.2% of all UK companies. This is no change on 2009 when Maidstone was responsible for 0.2% of all UK companies.
Year Maidstone 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1966 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Maidstone formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Maidstone 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1966 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Maidstone formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Maidstone 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.1% % change 9.5% -1.8% 28.6% Record Year 1961 (1.0%) 1979 (0.6%) 1967 (0.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.6.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.9.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 47.0.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 7.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Maidstone was 1857 when 36.4% of all directors were female.
The percentage of female directors in Maidstone in 2010 was 26.8%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Maidstone was 1860 when 42.9% of all directors were female.
28.3% of all director appointments in Maidstone 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
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Maidstone was in 1977 when 31.1% of all directors were female.
24.0% of all director appointments in Maidstone 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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.89% CONSULTING 5.06% CONSULTING 1.24% MANAGEMENT 5.01% CONSULTANCY 1.09% CONSULTANCY 3.14% KENT 1.02% PROPERTY 2.36% TRAINING 0.80% TRADING 2.11% HOLDINGS 0.80% ASSOCIATES 1.95% ASSOCIATES 0.80% DESIGN 1.92% MEDIA 0.80% BUSINESS 1.82% TRADING 0.73% CONSTRUCTION 1.82% TOWERGATE 0.66% CONSULTANTS 1.76% CONSTRUCTION 0.66% MEDIA 1.71% BUILDING 0.66% ENGINEERING 1.62% CLEANING 0.66% LONDON 1.60% PROPERTY 0.58% CARE 1.45% BUSINESS 0.51% INVESTMENTS 1.44% PROPERTIES 0.51% GLOBAL 1.43% SPORTS 0.51% J 1.42% HOMES 0.51% IT 1.41% CREATIVE 0.51% PROPERTIES 1.34% CONSULTANTS 0.51% INTERNATIONAL 1.34% FINANCIAL 0.51% BUILDING 1.34% CENTRE 0.51% M 1.30% M 0.44% ELECTRICAL 1.25% HOME 0.44% SYSTEMS 1.24% SECURITY 0.44% S 1.23%
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 314 199,572 7487 - Other business activities 137 63,348 82990 - Other business support service activities not elsewhere classified 73 27,550 99999 - Dormant Company 38 16,285 70229 - Management consultancy activities other than financial management 37 14,505 96090 - Other service activities not elsewhere classified 34 8,799 9999 - Dormant Company 28 20,144 7499 - Non-trading company 22 12,000 7414 - Business & management consultancy 22 13,474 9305 - Other service activities 18 8,858 4521 - General construction & civil engineering 14 6,598 7260 - Other computer related activities 14 8,089 43210 - Electrical installation 14 2,980 62090 - Other information technology service activities 14 6,330 74990 - Non-trading company 14 8,243 62020 - Information technology consultancy activities 13 9,177 5530 - Restaurants 13 4,939 41100 - Development of building projects 11 3,765 68320 - Management of real estate on a fee or contract basis 11 3,097 74909 - Other professional, scientific and technical activities not elsewhere classified 11 7,088
Recent Companies
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Randomly selected companies from this quarter
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