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
    OC395686 SOUTH EAST ANAESTHESIA LLP 03 Oct 2014
    09251203 00ZZZERO LTD 07 Oct 2014
    09255788 DENEDY LIMITED 09 Oct 2014
    09257962 HUDSON AUTOMATICS LTD 10 Oct 2014
    09266535 D.I.E LTD 16 Oct 2014
    09272051 TINTON MANAGEMENT LTD 20 Oct 2014
    09276810 NRB SOLUTIONS LTD 23 Oct 2014
    09284804 GILL TURNER TUCKER LIMITED 28 Oct 2014
    09248510 PEARSONS FIELD NOMINEES NO. 1 LIMITED 03 Oct 2014
    09249361 PROIRISH LIMITED 06 Oct 2014
    09269846 MAGIC MOVES LIMITED 17 Oct 2014
    09278932 LEIGH HEALTH & WEALTH LIMITED 24 Oct 2014
    09285200 BATCHELORS PLUMBING AND HEATING LIMITED 29 Oct 2014
    09288723 IDEAL MEDIA SOLUTIONS LTD 30 Oct 2014
    09290926 LOGAN RESEARCH UK LTD 31 Oct 2014
    09246817 AMSON SOLUTIONS LTD 02 Oct 2014
    09248006 AGHABRIDGE HOLDINGS LIMITED 03 Oct 2014
    09288904 SHIELD ACCESS SOLUTIONS LIMITED 30 Oct 2014
    09242690 RUSSELL ROOFING PARTNERSHIPS (WEST SUSSEX) LTD 01 Oct 2014
    09242757 RUSSELL ROOFING PARTNERSHIPS LIMITED 01 Oct 2014
    09248298 OSC SALES LTD 03 Oct 2014
    09250425 AT THE ANNEXE LIMITED 06 Oct 2014
    09255281 LOCKHAM 1966 LIMITED 08 Oct 2014
    09281310 LIME LETTINGS (KENT) LTD 27 Oct 2014
    09248390 STONEGATE ACOUSTICS LIMITED 03 Oct 2014