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
New Company Registrations
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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.
Year Margate UK 2010 159 400,358 2009 125 362,675 2008 110 349,203 2007 135 457,649 2006 136 405,440 Record Year 2010 (159) 2007 (457,649) New Companies by Year
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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) Margate UK 2010 82 196,609 2009 61 180,654 % change 34.4% 8.8% Record Year 2010 (82) 2003 (201,446) New Companies by Half Year
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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) Margate UK 2010 35 95,117 2009 23 85,983 % change 52.2% 10.6% Record Year 2004 (46) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 12 8 15 New companies in 2009 9 8 6 % change 33.3% 0.0% 150.0% Record Year 2002 (18) 2004 (18) 2010 (15)
Closed Companies (dissolved)
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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.
Year Margate UK 2010 141 342,232 2009 173 533,773 2008 63 237,901 2007 93 220,295 2006 136 200,166 Record Year 2009 (173) 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 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) Margate UK 2010 68 164,601 2009 64 244,537 % change 6.3% -32.7% Record Year 2006 (76) 2009 (244,537) Dissolved Companies by Half Year
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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) Margate UK 2010 28 76,896 2009 22 85,136 % change 27.3% -9.7% Record Year 2002 (30) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 8 12 8 Closed companies in 2009 7 6 9 % change 14.3% 100.0% -11% Record Year 2006 (14) 2010 (12) 1997 (12)
Net Company Growth
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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.
Year Margate UK 2010 18 58,126 2009 -48 -171,098 2008 47 111,302 2007 42 237,354 2006 0 205,274 Record Year 2004 (92) 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 Margate increased by 14 companies.
Half Year (Jul-Dec) Margate UK 2010 14 32,008 2009 -3 -63,883 Record Year 2004 (35) 2003 (117,772) Net Growth by Half Year
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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) Margate UK 2010 7 18,221 2009 1 847 Record Year 2004 (30) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2010 4 -4 7 Net growth in 2009 2 2 -3 Record Year 2004 (14) 2004 (10) 2010 (7)
UK Company Share
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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.
Year Margate 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1963 (0.1%) Company Share by Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1963 (0.1%) Company Share by Half Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1979 (0.1%) 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 0.0% 0.0% 0.1% UK formation share in 2009 0.0% 0.0% 0.0% % change 16.7% -10.7% 138.4% Record Year 1968 (0.2%) 1965 (0.2%) 1966 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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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 KENT 1.64% CONSULTING 5.06% (KENT) 1.64% MANAGEMENT 5.01% CONTRACTORS 1.31% CONSULTANCY 3.14% CONSTRUCTION 1.31% PROPERTY 2.36% THANET 1.31% TRADING 2.11% ENTERPRISES 1.31% ASSOCIATES 1.95% COMMUNITY 0.98% DESIGN 1.92% CIC 0.98% BUSINESS 1.82% PUBLISHING 0.98% CONSTRUCTION 1.82% PLUMBING 0.66% CONSULTANTS 1.76% S 0.66% MEDIA 1.71% LOGISTICS 0.66% ENGINEERING 1.62% MANAGEMENT 0.66% LONDON 1.60% PRODUCTIONS 0.66% CARE 1.45% CONSULTANTS 0.66% INVESTMENTS 1.44% FOR 0.66% GLOBAL 1.43% MARGATE 0.66% J 1.42% DESIGN 0.66% IT 1.41% HEALTH 0.66% PROPERTIES 1.34% CAR 0.66% INTERNATIONAL 1.34% WASH 0.66% BUILDING 1.34% GENERATION 0.66% M 1.30% PROPERTY 0.66% ELECTRICAL 1.25% (CLIFTONVILLE) 0.66% SYSTEMS 1.24% STANDARD 0.66% 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 94 199,572 7487 - Other business activities 15 63,348 70229 - Management consultancy activities other than financial management 5 14,505 9305 - Other service activities 5 8,858 9999 - Dormant Company 4 20,144 90030 - Artistic creation 3 1,351 7031 - Real estate agencies 3 1,485 96090 - Other service activities not elsewhere classified 3 8,799 74909 - Other professional, scientific and technical activities not elsewhere classified 3 7,088 5530 - Restaurants 3 4,939 7450 - Labour recruitment 3 2,783 45200 - Maintenance and repair of motor vehicles 3 2,061 99999 - Dormant Company 3 16,285 56302 - Public houses and bars 2 1,542 98000 - Residents property management 2 3,235 7412 - Accounting, auditing; tax consult 2 2,391 4531 - Installation electrical wiring etc. 2 2,170 49320 - Taxi operation 2 648 4545 - Other building completion 2 2,598 42990 - Construction of other civil engineering projects not elsewhere classified 2 1,430
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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