Margate, Kent
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Margate when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Margate when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Margate when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Margate when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Margate when compared to any previous December.
- November 2014 saw a new record in company registrations in Margate when compared to any previous November.
- October 2014 saw a new record in company registrations in Margate when compared to any previous October.
- December 2014 saw a new record in company closures in Margate when compared to any previous December.
- 2014 was a record year for net growth in Margate when compared to any year in history.
- The second half of 2014 saw a new record in net growth in Margate when compared to any previous second half year.
- December 2014 saw a new record in net growth in Margate when compared to any previous December.
- November 2014 saw a new record in net growth in Margate when compared to any previous November.
- October 2014 saw a new record in net growth in Margate when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Margate when compared to any year in history.
A total of 475 companies were formed in Margate in 2014. This total is 123.0% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Margate UK 2014 475 582,051 2013 213 529,363 2012 168 491,893 2011 162 452,870 2010 159 400,358 Record Year 2014 (475) 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 Margate when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Margate when compared to any half year in history.
In the second half of 2014 a total of 245 companies were formed in Margate. This figure is 120.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Margate occurred in 2014 when a total of 245 were formed.
Half Year (Jul-Dec) Margate UK 2014 245 281,320 2013 111 259,931 % change 120.7% 8.2% Record Year 2014 (245) 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 Margate when compared to any previous Q4.
A total of 97 companies were registered in Margate during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 64.4% versus the same period last year (Q4 2013). This figure compares well 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) Margate UK 2014 97 137,906 2013 59 127,247 % change 64.4% 8.4% Record Year 2014 (97) 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 Margate when compared to any previous December.
November 2014 saw a new record in company registrations in Margate when compared to any previous November.
October 2014 saw a new record in company registrations in Margate when compared to any previous October.
New Companies by Month
October November December New companies in 2014 41 26 30 New companies in 2013 14 24 21 % change 192.9% 8.3% 42.9% Record Year 2014 (41) 2014 (26) 2014 (30)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 128 companies were dissolved in Margate in 2014. This total is 6.6% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Margate UK 2014 128 367,937 2013 137 332,213 2012 121 293,729 2011 125 314,524 2010 141 342,233 Record Year 2009 (173) 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 74 companies were dissolved in Margate. This figure is 12.1% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 74 190,730 2013 66 177,021 % change 12.1% 7.7% Record Year 2006 (76) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 35 companies were dissolved in Margate during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 14.6% versus the same period last year (Q4 2013). This figure compares well 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) Margate UK 2014 35 89,060 2013 41 90,851 % change -14.6% -2.0% Record Year 2013 (41) 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 Margate when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 7 13 15 Closed companies in 2013 11 16 14 % change -36.4% -18.8% 7% Record Year 2006 (14) 2013 (16) 2014 (15)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Margate when compared to any year in history.
A total of 347 companies were added to the company register for Margate in 2014. This number represents growth of 73.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 271 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Margate company register grew by 347 companies.
Year Margate UK 2014 347 214,114 2013 76 197,150 2012 47 198,164 2011 37 138,346 2010 18 58,125 Record Year 2014 (347) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in net growth in Margate when compared to any previous second half year.
In the second half of 2014 the company register for Margate increased by 171 companies.
Half Year (Jul-Dec) Margate UK 2014 171 90,590 2013 45 82,910 Record Year 2014 (171) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Margate during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 62 companies.
fourth quarter (Oct 2014 - Dec 2014) Margate UK 2014 62 48,846 2013 18 36,396 Record Year 2014 (62) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in net growth in Margate when compared to any previous December.
November 2014 saw a new record in net growth in Margate when compared to any previous November.
October 2014 saw a new record in net growth in Margate when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 34 13 15 Net growth in 2013 3 8 7 Record Year 2014 (34) 2014 (13) 2014 (15)
UK Company Share
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Annual Data (2014)
In 2014 Margate formed 0.1% of all UK companies. This is an improvement on 2013 when Margate was responsible for 0.0% of all UK companies.
Year Margate 2014 0.1% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2014 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Margate formed 0.1% of all UK companies. This is more than the 2013 figure of 0.0%.
Half Year (Jul-Dec) Margate 2014 0.1% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2014 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Margate formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Margate 2014 0.1% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2014 (0.1%) 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 0.1% 0.1% 0.1% UK formation share in 2013 0.0% 0.1% 0.1% % change 179.1% 2.9% 22.4% Record Year 2014 (0.1%) 1992 (0.1%) 2014 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 48.3.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.4% 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 48.0.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.5% 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 48.7.
The percentage of directors under the age of 25 was 10.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.0% 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 Margate was 1984 when 100.0% of all directors were female.
The percentage of female directors in Margate in 2014 was 19.0%. 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 Margate was 2007 when 34.1% of all directors were female.
20.2% of all director appointments in Margate 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 Margate was in 2011 when 38.3% of all directors were female.
20.7% of all director appointments in Margate 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 CO 7.01% CONSULTING 5.22% AG 6.08% MANAGEMENT 4.58% LONDON 3.84% CONSULTANCY 3.57% MANAGEMENT 2.78% PROPERTY 2.66% GMBH 1.46% CONSTRUCTION 2.12% DEUTSCHE 1.32% ENGINEERING 2.10% INC 1.19% CARE 2.02% KENT 1.19% TRADING 1.94% DR 0.93% LONDON 1.93% PLC 0.93% TRANSPORT 1.93% NEW 0.79% DESIGN 1.66% TRANSPORT 0.79% CONSULTANTS 1.64% MARGATE 0.79% ELECTRICAL 1.62% YORK 0.79% PROPERTIES 1.62% FINANZ 0.79% BUSINESS 1.56% PROPERTY 0.66% J 1.54% HOUSE 0.66% CO., 1.50% CANTERBURY 0.66% GLOBAL 1.49% CONSULTANCY 0.66% INVESTMENTS 1.48% VON 0.66% ASSOCIATES 1.47% CONSTRUCTION 0.66% DEVELOPMENTS 1.35% TRADING 0.53% MEDIA 1.33% TREUHAND 0.53% IT 1.31% M 0.53% BUILDING 1.29% HOCHBURG 0.40% 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 117 265,608 99999 - Dormant Company 20 48,509 68209 - Other letting and operating of own or leased real estate 10 11,212 82990 - Other business support service activities not elsewhere classified 10 58,068 86220 - Specialists medical practice activities 9 4,031 96090 - Other service activities not elsewhere classified 9 29,009 62020 - Information technology consultancy activities 9 30,178 56101 - Licensed restaurants 7 8,782 74909 - Other professional, scientific and technical activities not elsewhere classified 6 19,049 85590 - Other education not elsewhere classified 5 6,206 56103 - Take-away food shops and mobile food stands 5 8,318 43210 - Electrical installation 5 5,985 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 5 4,167 43999 - Other specialised construction activities not elsewhere classified 4 8,761 70229 - Management consultancy activities other than financial management 4 42,290 90030 - Artistic creation 4 4,610 56102 - Unlicensed restaurants and cafes 4 4,745 68320 - Management of real estate on a fee or contract basis 4 6,010 41100 - Development of building projects 4 11,397 56302 - Public houses and bars 3 6,285
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09245746 REMY HAIR LTD 02 Oct 2014 09245790 GIN FIZZ LTD 02 Oct 2014 09245835 LONDON GRAND PRIX LTD 02 Oct 2014 09245858 SUGAR ISLANDS LTD 02 Oct 2014 09245867 LONDON TELEVISION LTD 02 Oct 2014 09245912 COCO ISLAND LTD 02 Oct 2014 09245946 PEARL ISLAND LTD 02 Oct 2014 09246836 GALLARDO CONSULTING LTD 02 Oct 2014 09248234 MANAGEMENT BUYOUT LTD 03 Oct 2014 09255058 CHETNA'S CHUTNEYS LIMITED 08 Oct 2014 09256375 SILVER LINE LIMITED 09 Oct 2014 09257202 GO PUBLIC PLC 09 Oct 2014 09257209 STIFTUNG FRANKFURT 09 Oct 2014 09257431 OUTPOSTDRYGOODS LIMITED 09 Oct 2014 09257926 FUCHSIA GREEN LTD 10 Oct 2014 09262388 TOP RANGE VALETING LIMITED 14 Oct 2014 09262873 HOMEFERN HOUSE BLOCK 2 RTM COMPANY LIMITED 14 Oct 2014 09263854 KENT DEAD ZONE LIMITED 14 Oct 2014 09267123 SOUTHERN KILN SERVICES LIMITED 16 Oct 2014 09268043 PLACES 2014 LIMITED 16 Oct 2014 09270908 FRESH HOPE SERVICES AND SUPPORT 20 Oct 2014 09281415 CLOVERLEAF ANALYTICS LIMITED 27 Oct 2014 09284370 MARGATE FOOTBALL CLUB COMMUNITY TRUST 28 Oct 2014 09289424 FEYIFEMI LIMITED 31 Oct 2014 09290450 BRP KIRK LTD 31 Oct 2014