Margate, Kent

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Margate when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Margate when compared to any previous second half year.
  • December 2010 saw a new record in company registrations in Margate when compared to any previous December.
  • November 2010 saw a new record in company closures in Margate when compared to any previous November.
  • December 2010 saw a new record in net growth in Margate 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 (2010)

    2010 was a record year for company registrations in Margate when compared to any year in history.

    A total of 159 companies were formed in Margate in 2010. This total is 27.2% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearMargateUK
    2010159400,358
    2009125362,675
    2008110349,203
    2007135457,649
    2006136405,440
    Record Year2010 (159)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Margate when compared to any previous second half year.

    In the second half of 2010 a total of 82 companies were formed in Margate. This figure is 34.4% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Margate occurred in 2010 when a total of 82 were formed.

    Half Year (Jul-Dec)MargateUK
    201082196,609
    200961180,654
    % change34.4%8.8%
    Record Year2010 (82)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 35 companies were registered in Margate during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 52.2% 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)MargateUK
    20103595,117
    20092385,983
    % change52.2%10.6%
    Record Year 2004 (46) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Margate when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201012815
    New companies in 2009986
    % change33.3%0.0%150.0%
    Record Year2002 (18)2004 (18)2010 (15)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 141 companies were dissolved in Margate in 2010. This total is 18.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearMargateUK
    2010141342,232
    2009173533,773
    200863237,901
    200793220,295
    2006136200,166
    Record Year2009 (173)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 68 companies were dissolved in Margate. This figure is 6.3% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Margate occurred in 2006 when a total of 76 were closed.

    Half Year (Jul-Dec)MargateUK
    201068164,601
    200964244,537
    % change6.3%-32.7%
    Record Year2006 (76)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 28 companies were dissolved in Margate during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 27.3% 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)MargateUK
    20102876,896
    20092285,136
    % change27.3%-9.7%
    Record Year 2002 (30) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Margate when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20108128
    Closed companies in 2009769
    % change14.3%100.0%-11%
    Record Year2006 (14)2010 (12)1997 (12)

Net Company Growth

  1. Annual Data (2010)

    A total of 18 companies were added to the company register for Margate in 2010. This number represents growth of 14.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 66 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2004 when the Margate company register grew by 92 companies.

    YearMargateUK
    20101858,126
    2009-48-171,098
    200847111,302
    200742237,354
    20060205,274
    Record Year2004 (92)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Margate increased by 14 companies.

    Half Year (Jul-Dec)MargateUK
    20101432,008
    2009-3-63,883
    Record Year2004 (35)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Margate during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 7 companies.

    fourth quarter (Oct 2010 - Dec 2010)MargateUK
    2010718,221
    20091847
    Record Year 2004 (30) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Margate when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20104-47
    Net growth in 200922-3
    Record Year2004 (14)2004 (10)2010 (7)

UK Company Share

  1. Annual Data (2010)

    In 2010 Margate formed 0.0% of all UK companies. This is no change on 2009 when Margate was responsible for 0.0% of all UK companies.

    YearMargate
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1963 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Margate formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Margate
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1963 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Margate formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Margate
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1979 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.1%
    UK formation share in 20090.0%0.0%0.0%
    % change16.7%-10.7%138.4%
    Record Year1968 (0.2%)1965 (0.2%)1966 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.1.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.7.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 11.7% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.0.

    The percentage of directors under the age of 25 was 11.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Margate was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Margate in 2010 was 28.3%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Margate was 1860 when 42.9% of all directors were female.

    21.5% of all director appointments in Margate 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
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Margate was in 1977 when 31.1% of all directors were female.

    21.7% of all director appointments in Margate 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    KENT1.64%CONSULTING5.06%
    (KENT)1.64%MANAGEMENT5.01%
    CONTRACTORS1.31%CONSULTANCY3.14%
    CONSTRUCTION1.31%PROPERTY2.36%
    THANET1.31%TRADING2.11%
    ENTERPRISES1.31%ASSOCIATES1.95%
    COMMUNITY0.98%DESIGN1.92%
    CIC0.98%BUSINESS1.82%
    PUBLISHING0.98%CONSTRUCTION1.82%
    PLUMBING0.66%CONSULTANTS1.76%
    S0.66%MEDIA1.71%
    LOGISTICS0.66%ENGINEERING1.62%
    MANAGEMENT0.66%LONDON1.60%
    PRODUCTIONS0.66%CARE1.45%
    CONSULTANTS0.66%INVESTMENTS1.44%
    FOR0.66%GLOBAL1.43%
    MARGATE0.66%J1.42%
    DESIGN0.66%IT1.41%
    HEALTH0.66%PROPERTIES1.34%
    CAR0.66%INTERNATIONAL1.34%
    WASH0.66%BUILDING1.34%
    GENERATION0.66%M1.30%
    PROPERTY0.66%ELECTRICAL1.25%
    (CLIFTONVILLE)0.66%SYSTEMS1.24%
    STANDARD0.66%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied94199,572
    7487 - Other business activities1563,348
    70229 - Management consultancy activities other than financial management514,505
    9305 - Other service activities58,858
    9999 - Dormant Company420,144
    90030 - Artistic creation31,351
    7031 - Real estate agencies31,485
    96090 - Other service activities not elsewhere classified38,799
    74909 - Other professional, scientific and technical activities not elsewhere classified37,088
    5530 - Restaurants34,939
    7450 - Labour recruitment32,783
    45200 - Maintenance and repair of motor vehicles32,061
    99999 - Dormant Company316,285
    56302 - Public houses and bars21,542
    98000 - Residents property management23,235
    7412 - Accounting, auditing; tax consult22,391
    4531 - Installation electrical wiring etc.22,170
    49320 - Taxi operation2648
    4545 - Other building completion22,598
    42990 - Construction of other civil engineering projects not elsewhere classified21,430

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07455036 THOMAS WOOD GLAZING LIMITED 30 Nov 2010
    07451593 JS EUROPEAN HAULAGE LTD 25 Nov 2010
    07451336 BUILDING MAINTENANCE CONTRACTORS LIMITED 25 Nov 2010
    07441138 MCN WORKS LIMITED 16 Nov 2010
    07438298 THE GIG NETWORK LTD 12 Nov 2010
    07433673 CAFE STATION LTD 09 Nov 2010
    07430327 BLUGA CAR WASH LIMITED 04 Nov 2010
    07426974 CONOLI CONSTRUCTION LTD 02 Nov 2010

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