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
New Company Registrations
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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.
Year Maidstone UK 2014 1,161 582,051 2013 1,046 529,363 2012 951 491,893 2011 876 452,870 2010 843 400,358 Record Year 2014 (1,161) 2014 (582,051) New Companies by Year
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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) Maidstone UK 2014 548 281,320 2013 506 259,931 % change 8.3% 8.2% Record Year 2014 (548) 2014 (281,320) New Companies by Half Year
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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) Maidstone UK 2014 277 137,906 2013 246 127,247 % change 12.6% 8.4% Record Year 2014 (277) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 102 84 91 New companies in 2013 90 91 65 % change 13.3% -7.7% 40.0% Record Year 2014 (102) 2013 (91) 2014 (91)
Closed Companies (dissolved)
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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.
Year Maidstone UK 2014 735 367,937 2013 753 332,213 2012 586 293,729 2011 617 314,524 2010 700 342,233 Record Year 2009 (943) 2009 (533,789) Dissolved Companies by Year
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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) Maidstone UK 2014 392 190,730 2013 328 177,021 % change 19.5% 7.7% Record Year 2009 (394) 2009 (244,544) Dissolved Companies by Half Year
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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) Maidstone UK 2014 177 89,060 2013 160 90,851 % change 10.6% -2.0% Record Year 2014 (177) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 58 55 64 Closed companies in 2013 66 43 51 % change -12.1% 27.9% 25% Record Year 2007 (85) 2011 (65) 2014 (64)
Net Company Growth
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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.
Year Maidstone UK 2014 426 214,114 2013 293 197,150 2012 365 198,164 2011 259 138,346 2010 143 58,125 Record Year 2007 (545) 2007 (237,353) Net Growth by Year
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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) Maidstone UK 2014 156 90,590 2013 178 82,910 Record Year 2002 (265) 2003 (117,772) Net Growth by Half Year
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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) Maidstone UK 2014 100 48,846 2013 86 36,396 Record Year 2014 (100) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 44 29 27 Net growth in 2013 24 48 14 Record Year 2003 (77) 2006 (51) 2012 (44)
UK Company Share
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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.
Year Maidstone 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1998 (0.3%) Company Share by Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1998 (0.3%) Company Share by Half Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1999 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 7.8% -12.4% 19.8% Record Year 1999 (0.3%) 1979 (0.6%) 2002 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.35% CONSULTING 5.22% KENT 1.12% MANAGEMENT 4.58% TRANSPORT 1.12% CONSULTANCY 3.57% CONSULTANCY 1.07% PROPERTY 2.66% MANAGEMENT 1.07% CONSTRUCTION 2.12% PROPERTY 1.01% ENGINEERING 2.10% CONSTRUCTION 0.96% CARE 2.02% DEVELOPMENTS 0.84% TRADING 1.94% J 0.84% LONDON 1.93% SOLAR 0.84% TRANSPORT 1.93% CONSULTANTS 0.84% DESIGN 1.66% ELECTRICAL 0.62% CONSULTANTS 1.64% CARE 0.56% ELECTRICAL 1.62% PROPERTIES 0.56% PROPERTIES 1.62% DESIGN 0.51% BUSINESS 1.56% MAIDSTONE 0.51% J 1.54% D 0.51% CO., 1.50% BUILDING 0.51% GLOBAL 1.49% PLUMBING 0.45% INVESTMENTS 1.48% ROOFING 0.45% ASSOCIATES 1.47% BUSINESS 0.45% DEVELOPMENTS 1.35% HOMES 0.45% MEDIA 1.33% (KENT) 0.45% IT 1.31% IT 0.39% BUILDING 1.29% ENERGY 0.39% M 1.22%
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 420 265,608 82990 - Other business support service activities not elsewhere classified 111 58,068 99999 - Dormant Company 105 48,509 70229 - Management consultancy activities other than financial management 83 42,290 96090 - Other service activities not elsewhere classified 64 29,009 62020 - Information technology consultancy activities 47 30,178 86900 - Other human health activities 34 12,976 41100 - Development of building projects 31 11,397 43999 - Other specialised construction activities not elsewhere classified 29 8,761 74909 - Other professional, scientific and technical activities not elsewhere classified 26 19,049 56302 - Public houses and bars 24 6,285 41202 - Construction of domestic buildings 23 7,559 70100 - Activities of head offices 23 4,204 35110 - Production of electricity 22 2,551 56101 - Licensed restaurants 21 8,782 43210 - Electrical installation 20 5,985 43390 - Other building completion and finishing 19 5,931 98000 - Residents property management 19 5,255 74990 - Non-trading company 18 13,984 47910 - Retail sale via mail order houses or via Internet 18 10,107
Recent Companies
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Randomly selected companies from this quarter
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