Rochester, Kent
2010 Annual Business Confidence Report
Headlines
- Q4 2010 saw a new record in company closures in Rochester when compared to any previous Q4.
- November 2010 saw a new record in company closures in Rochester when compared to any previous November.
- October 2010 saw a new record in company closures in Rochester when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 423 companies were formed in Rochester in 2010. This total is 6.8% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Rochester UK 2010 423 400,358 2009 454 362,675 2008 429 349,203 2007 483 457,649 2006 448 405,440 Record Year 2007 (483) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 199 companies were formed in Rochester. This figure is 5.7% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Rochester occurred in 2003 when a total of 217 were formed.
Half Year (Jul-Dec) Rochester UK 2010 199 196,609 2009 211 180,654 % change -5.7% 8.8% Record Year 2003 (217) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 93 companies were registered in Rochester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 8.1% versus the same period last year (Q4 2009). This figure compares equally 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) Rochester UK 2010 93 95,117 2009 86 85,983 % change 8.1% 10.6% Record Year 2003 (113) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 35 35 23 New companies in 2009 25 42 19 % change 40.0% -16.7% 21.1% Record Year 2003 (55) 2009 (42) 2005 (27)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 377 companies were dissolved in Rochester in 2010. This total is 17.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Rochester UK 2010 377 342,232 2009 459 533,773 2008 249 237,901 2007 288 220,295 2006 256 200,166 Record Year 2009 (459) 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 174 companies were dissolved in Rochester. This figure is 13.4% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Rochester occurred in 2009 when a total of 201 were closed.
Half Year (Jul-Dec) Rochester UK 2010 174 164,601 2009 201 244,537 % change -13.4% -32.7% Record Year 2009 (201) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Rochester when compared to any previous Q4.
A total of 79 companies were dissolved in Rochester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 8.2% 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) Rochester UK 2010 79 76,896 2009 73 85,136 % change 8.2% -9.7% Record Year 2010 (79) 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 Rochester when compared to any previous November.
October 2010 saw a new record in company closures in Rochester when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 36 31 12 Closed companies in 2009 20 26 27 % change 80.0% 19.2% -56% Record Year 2010 (36) 2010 (31) 2009 (27)
Net Company Growth
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Annual Data (2010)
A total of 46 companies were added to the company register for Rochester in 2010. This number represents growth of 10.1% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 51 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Rochester company register grew by 262 companies.
Year Rochester UK 2010 46 58,126 2009 -5 -171,098 2008 180 111,302 2007 195 237,354 2006 192 205,274 Record Year 2003 (262) 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 Rochester increased by 25 companies.
Half Year (Jul-Dec) Rochester UK 2010 25 32,008 2009 10 -63,883 Record Year 2003 (129) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Rochester during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 14 companies.
fourth quarter (Oct 2010 - Dec 2010) Rochester UK 2010 14 18,221 2009 13 847 Record Year 2003 (67) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -1 4 11 Net growth in 2009 5 16 -8 Record Year 2003 (46) 2004 (23) 1999 (14)
UK Company Share
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Annual Data (2010)
In 2010 Rochester formed 0.1% of all UK companies. This is no change on 2009 when Rochester was responsible for 0.1% of all UK companies.
Year Rochester 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Rochester formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Rochester 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1977 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Rochester formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Rochester 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1977 (0.2%) 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 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 22.6% -25.5% 15.2% Record Year 1977 (0.5%) 1962 (0.3%) 1975 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 43.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 2.3% 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 44.0.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.7% 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 43.7.
The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.2% 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 Rochester was 1857 when 36.4% of all directors were female.
The percentage of female directors in Rochester in 2010 was 29.5%. 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 Rochester was 1860 when 42.9% of all directors were female.
27.0% of all director appointments in Rochester 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 Rochester was in 1977 when 31.1% of all directors were female.
29.9% of all director appointments in Rochester 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 BUILDING 1.21% CONSULTING 5.06% DESIGN 1.07% MANAGEMENT 5.01% (KENT) 1.07% CONSULTANCY 3.14% TRADING 1.07% PROPERTY 2.36% MANAGEMENT 0.94% TRADING 2.11% PROPERTY 0.94% ASSOCIATES 1.95% KENT 0.80% DESIGN 1.92% K 0.80% BUSINESS 1.82% ELECTRICAL 0.80% CONSTRUCTION 1.82% TRAINING 0.80% CONSULTANTS 1.76% CONSULTANCY 0.80% MEDIA 1.71% GARLAND 0.67% ENGINEERING 1.62% MEDWAY 0.67% LONDON 1.60% S 0.54% CARE 1.45% BUSINESS 0.54% INVESTMENTS 1.44% B 0.54% GLOBAL 1.43% ASSOCIATES 0.54% J 1.42% SAFETY 0.54% IT 1.41% DIRECT 0.54% PROPERTIES 1.34% SUPPLIES 0.54% INTERNATIONAL 1.34% ROCHESTER 0.54% BUILDING 1.34% G 0.54% M 1.30% SOUTH 0.54% ELECTRICAL 1.25% INTERNATIONAL 0.54% SYSTEMS 1.24% NO. 0.54% 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 227 199,572 7487 - Other business activities 69 63,348 82990 - Other business support service activities not elsewhere classified 41 27,550 9999 - Dormant Company 23 20,144 99999 - Dormant Company 20 16,285 4521 - General construction & civil engineering 16 6,598 7499 - Non-trading company 15 12,000 43210 - Electrical installation 13 2,980 96090 - Other service activities not elsewhere classified 10 8,799 8042 - Adult and other education 10 2,142 7414 - Business & management consultancy 10 13,474 43390 - Other building completion and finishing 9 2,522 7260 - Other computer related activities 9 8,089 70229 - Management consultancy activities other than financial management 9 14,505 74909 - Other professional, scientific and technical activities not elsewhere classified 9 7,088 85590 - Other education not elsewhere classified 9 1,926 9305 - Other service activities 8 8,858 4531 - Installation electrical wiring etc. 8 2,170 62020 - Information technology consultancy activities 8 9,177 62090 - Other information technology service activities 8 6,330
Recent Companies
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Randomly selected companies from this quarter
reports
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