Maidstone, Kent

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Maidstone when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Maidstone when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Maidstone when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Maidstone when compared to any previous December.
  • October 2014 saw a new record in company registrations in Maidstone when compared to any previous October.
  • December 2014 saw a new record in company closures in Maidstone 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 Maidstone when compared to any year in history.

    A total of 1,161 companies were formed in Maidstone in 2014. This total is 11.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMaidstoneUK
    20141,161582,051
    20131,046529,363
    2012951491,893
    2011876452,870
    2010843400,358
    Record Year2014 (1,161)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 Maidstone when compared to any previous second half year.

    In the second half of 2014 a total of 548 companies were formed in Maidstone. This figure is 8.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Maidstone occurred in 2014 when a total of 548 were formed.

    Half Year (Jul-Dec)MaidstoneUK
    2014548281,320
    2013506259,931
    % change8.3%8.2%
    Record Year2014 (548)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 Maidstone when compared to any previous Q4.

    A total of 277 companies were registered in Maidstone during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 12.6% 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)MaidstoneUK
    2014277137,906
    2013246127,247
    % change12.6%8.4%
    Record Year 2014 (277) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Maidstone when compared to any previous December.

    October 2014 saw a new record in company registrations in Maidstone when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141028491
    New companies in 2013909165
    % change13.3%-7.7%40.0%
    Record Year2014 (102)2013 (91)2014 (91)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 735 companies were dissolved in Maidstone in 2014. This total is 2.4% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearMaidstoneUK
    2014735367,937
    2013753332,213
    2012586293,729
    2011617314,524
    2010700342,233
    Record Year2009 (943)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 392 companies were dissolved in Maidstone. This figure is 19.5% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Maidstone occurred in 2009 when a total of 394 were closed.

    Half Year (Jul-Dec)MaidstoneUK
    2014392190,730
    2013328177,021
    % change19.5%7.7%
    Record Year2009 (394)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 177 companies were dissolved in Maidstone during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 10.6% 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)MaidstoneUK
    201417789,060
    201316090,851
    % change10.6%-2.0%
    Record Year 2014 (177) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Maidstone when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014585564
    Closed companies in 2013664351
    % change-12.1%27.9%25%
    Record Year2007 (85)2011 (65)2014 (64)

Net Company Growth

  1. Annual Data (2014)

    A total of 426 companies were added to the company register for Maidstone in 2014. This number represents growth of 36.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 133 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Maidstone company register grew by 545 companies.

    YearMaidstoneUK
    2014426214,114
    2013293197,150
    2012365198,164
    2011259138,346
    201014358,125
    Record Year2007 (545)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Maidstone increased by 156 companies.

    Half Year (Jul-Dec)MaidstoneUK
    201415690,590
    201317882,910
    Record Year2002 (265)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Maidstone during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 100 companies.

    fourth quarter (Oct 2014 - Dec 2014)MaidstoneUK
    201410048,846
    20138636,396
    Record Year 2014 (100) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014442927
    Net growth in 2013244814
    Record Year2003 (77)2006 (51)2012 (44)

UK Company Share

  1. Annual Data (2014)

    In 2014 Maidstone formed 0.2% of all UK companies. This is no change on 2013 when Maidstone was responsible for 0.2% of all UK companies.

    YearMaidstone
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1998 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Maidstone formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Maidstone
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1998 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Maidstone formed 0.2% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Maidstone
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1999 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change7.8%-12.4%19.8%
    Record Year1999 (0.3%)1979 (0.6%)2002 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.6.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.5% 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 3.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% 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 44.1.

    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 5.3% 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 Maidstone was 1949 when 100.0% of all directors were female.

    The percentage of female directors in Maidstone in 2014 was 26.6%. 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 Maidstone was 2013 when 37.4% of all directors were female.

    28.5% of all director appointments in Maidstone 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 Maidstone was in 2013 when 44.6% of all directors were female.

    28.2% of all director appointments in Maidstone 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
    CONSULTING1.35%CONSULTING5.22%
    KENT1.12%MANAGEMENT4.58%
    TRANSPORT1.12%CONSULTANCY3.57%
    CONSULTANCY1.07%PROPERTY2.66%
    MANAGEMENT1.07%CONSTRUCTION2.12%
    PROPERTY1.01%ENGINEERING2.10%
    CONSTRUCTION0.96%CARE2.02%
    DEVELOPMENTS0.84%TRADING1.94%
    J0.84%LONDON1.93%
    SOLAR0.84%TRANSPORT1.93%
    CONSULTANTS0.84%DESIGN1.66%
    ELECTRICAL0.62%CONSULTANTS1.64%
    CARE0.56%ELECTRICAL1.62%
    PROPERTIES0.56%PROPERTIES1.62%
    DESIGN0.51%BUSINESS1.56%
    MAIDSTONE0.51%J1.54%
    D0.51%CO.,1.50%
    BUILDING0.51%GLOBAL1.49%
    PLUMBING0.45%INVESTMENTS1.48%
    ROOFING0.45%ASSOCIATES1.47%
    BUSINESS0.45%DEVELOPMENTS1.35%
    HOMES0.45%MEDIA1.33%
    (KENT)0.45%IT1.31%
    IT0.39%BUILDING1.29%
    ENERGY0.39%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied420265,608
    82990 - Other business support service activities not elsewhere classified11158,068
    99999 - Dormant Company10548,509
    70229 - Management consultancy activities other than financial management8342,290
    96090 - Other service activities not elsewhere classified6429,009
    62020 - Information technology consultancy activities4730,178
    86900 - Other human health activities3412,976
    41100 - Development of building projects3111,397
    43999 - Other specialised construction activities not elsewhere classified298,761
    74909 - Other professional, scientific and technical activities not elsewhere classified2619,049
    56302 - Public houses and bars246,285
    41202 - Construction of domestic buildings237,559
    70100 - Activities of head offices234,204
    35110 - Production of electricity222,551
    56101 - Licensed restaurants218,782
    43210 - Electrical installation205,985
    43390 - Other building completion and finishing195,931
    98000 - Residents property management195,255
    74990 - Non-trading company1813,984
    47910 - Retail sale via mail order houses or via Internet1810,107

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293832 LDI AUTOMOTIVE LIMITED 04 Nov 2014
    09295852 CAN I EAT THERE? LIMITED 05 Nov 2014
    09302053 ENSCO 1086 LIMITED 10 Nov 2014
    09305285 ASK INVENTORY SERVICES LTD. 11 Nov 2014
    09311389 BC BAR COMPANY LTD 14 Nov 2014
    09313698 CHRISTIES EVENTS LIMITED 17 Nov 2014
    09320918 LONGFIELD BUILDERS LIMITED 20 Nov 2014
    09323653 PETS PROPERTIES LIMITED 24 Nov 2014
    09326485 OOLADEEDAH LIMITED 25 Nov 2014
    09297392 COOMBESEY LTD. 05 Nov 2014
    09299958 PREMIER MARINE FUELS LTD. 07 Nov 2014
    09303198 D.G DRIVER SOLUTIONS LTD 10 Nov 2014
    09316131 BREAKTRAVEL LTD 18 Nov 2014
    09321137 GREG PAJO PHOTOGRAPHER LIMITED 20 Nov 2014
    09322441 LG CONTROLS ENGINEERING LIMITED 21 Nov 2014
    09325894 POSTLEY ROAD 1960 LIMITED 25 Nov 2014
    09332365 MILLIPEDE MEDIA LIMITED 28 Nov 2014
    09305317 WESTFIELD SM LIMITED 11 Nov 2014
    09311026 STEGMANN GOLF UK LTD 14 Nov 2014
    09313447 PROGRAMME MOMENTUM LTD 17 Nov 2014
    09326263 AJ HAFFENDEN ELECTRICAL SERVICES LTD 25 Nov 2014
    09301914 INNOVATIONS (BS) LIMITED 10 Nov 2014
    09302017 RGM MANAGEMENT LIMITED 10 Nov 2014
    09329311 KEANE CONSTRUCTION LTD 26 Nov 2014
    09307535 EONLIFE LTD 12 Nov 2014