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

  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 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.

    YearMargateUK
    2014475582,051
    2013213529,363
    2012168491,893
    2011162452,870
    2010159400,358
    Record Year2014 (475)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 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)MargateUK
    2014245281,320
    2013111259,931
    % change120.7%8.2%
    Record Year2014 (245)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 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)MargateUK
    201497137,906
    201359127,247
    % change64.4%8.4%
    Record Year 2014 (97) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014412630
    New companies in 2013142421
    % change192.9%8.3%42.9%
    Record Year2014 (41)2014 (26)2014 (30)

Closed Companies (dissolved)

  1. 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.

    YearMargateUK
    2014128367,937
    2013137332,213
    2012121293,729
    2011125314,524
    2010141342,233
    Record Year2009 (173)2009 (533,789)
    Dissolved Companies by Year
  2. 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)MargateUK
    201474190,730
    201366177,021
    % change12.1%7.7%
    Record Year2006 (76)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)MargateUK
    20143589,060
    20134190,851
    % change-14.6%-2.0%
    Record Year 2013 (41) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 201471315
    Closed companies in 2013111614
    % change-36.4%-18.8%7%
    Record Year2006 (14)2013 (16)2014 (15)

Net Company Growth

  1. 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.

    YearMargateUK
    2014347214,114
    201376197,150
    201247198,164
    201137138,346
    20101858,125
    Record Year2014 (347)2007 (237,353)
    Net Growth by Year
  2. 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)MargateUK
    201417190,590
    20134582,910
    Record Year2014 (171)2003 (117,772)
    Net Growth by Half Year
  3. 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)MargateUK
    20146248,846
    20131836,396
    Record Year 2014 (62) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2014341315
    Net growth in 2013387
    Record Year2014 (34)2014 (13)2014 (15)

UK Company Share

  1. 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.

    YearMargate
    20140.1%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2014 (0.1%)
    Company Share by Year
  2. 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
    20140.1%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.0%0.1%0.1%
    % change179.1%2.9%22.4%
    Record Year2014 (0.1%)1992 (0.1%)2014 (0.1%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    CO7.01%CONSULTING5.22%
    AG6.08%MANAGEMENT4.58%
    LONDON3.84%CONSULTANCY3.57%
    MANAGEMENT2.78%PROPERTY2.66%
    GMBH1.46%CONSTRUCTION2.12%
    DEUTSCHE1.32%ENGINEERING2.10%
    INC1.19%CARE2.02%
    KENT1.19%TRADING1.94%
    DR0.93%LONDON1.93%
    PLC0.93%TRANSPORT1.93%
    NEW0.79%DESIGN1.66%
    TRANSPORT0.79%CONSULTANTS1.64%
    MARGATE0.79%ELECTRICAL1.62%
    YORK0.79%PROPERTIES1.62%
    FINANZ0.79%BUSINESS1.56%
    PROPERTY0.66%J1.54%
    HOUSE0.66%CO.,1.50%
    CANTERBURY0.66%GLOBAL1.49%
    CONSULTANCY0.66%INVESTMENTS1.48%
    VON0.66%ASSOCIATES1.47%
    CONSTRUCTION0.66%DEVELOPMENTS1.35%
    TRADING0.53%MEDIA1.33%
    TREUHAND0.53%IT1.31%
    M0.53%BUILDING1.29%
    HOCHBURG0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied117265,608
    99999 - Dormant Company2048,509
    68209 - Other letting and operating of own or leased real estate1011,212
    82990 - Other business support service activities not elsewhere classified1058,068
    86220 - Specialists medical practice activities94,031
    96090 - Other service activities not elsewhere classified929,009
    62020 - Information technology consultancy activities930,178
    56101 - Licensed restaurants78,782
    74909 - Other professional, scientific and technical activities not elsewhere classified619,049
    85590 - Other education not elsewhere classified56,206
    56103 - Take-away food shops and mobile food stands58,318
    43210 - Electrical installation55,985
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating54,167
    43999 - Other specialised construction activities not elsewhere classified48,761
    70229 - Management consultancy activities other than financial management442,290
    90030 - Artistic creation44,610
    56102 - Unlicensed restaurants and cafes44,745
    68320 - Management of real estate on a fee or contract basis46,010
    41100 - Development of building projects411,397
    56302 - Public houses and bars36,285

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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