Rochester, Kent
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Rochester when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Rochester when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Rochester when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Rochester when compared to any previous Q4.
- October 2014 saw a new record in company registrations in Rochester when compared to any previous October.
- December 2014 saw a new record in company closures in Rochester when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Rochester when compared to any year in history.
A total of 657 companies were formed in Rochester in 2014. This total is 6.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Rochester UK 2014 657 582,051 2013 619 529,363 2012 585 491,893 2011 513 452,870 2010 423 400,358 Record Year 2014 (657) 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 Rochester when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Rochester when compared to any half year in history.
In the second half of 2014 a total of 330 companies were formed in Rochester. This figure is 10.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Rochester occurred in 2014 when a total of 330 were formed.
Half Year (Jul-Dec) Rochester UK 2014 330 281,320 2013 298 259,931 % change 10.7% 8.2% Record Year 2014 (330) 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 Rochester when compared to any previous Q4.
A total of 154 companies were registered in Rochester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 8.5% versus the same period last year (Q4 2013). This figure compares equally 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) Rochester UK 2014 154 137,906 2013 142 127,247 % change 8.5% 8.4% Record Year 2014 (154) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Rochester when compared to any previous October.
New Companies by Month
October November December New companies in 2014 70 40 44 New companies in 2013 46 51 45 % change 52.2% -21.6% -2.2% Record Year 2014 (70) 2011 (52) 2013 (45)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 395 companies were dissolved in Rochester in 2014. This total is 11.6% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Rochester UK 2014 395 367,937 2013 447 332,213 2012 301 293,729 2011 361 314,524 2010 377 342,233 Record Year 2009 (459) 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 205 companies were dissolved in Rochester. This figure is 6.4% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Rochester occurred in 2013 when a total of 219 were closed.
Half Year (Jul-Dec) Rochester UK 2014 205 190,730 2013 219 177,021 % change -6.4% 7.7% Record Year 2013 (219) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 91 companies were dissolved in Rochester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 14.2% 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) Rochester UK 2014 91 89,060 2013 106 90,851 % change -14.2% -2.0% Record Year 2011 (110) 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 Rochester when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 27 24 40 Closed companies in 2013 30 44 32 % change -10.0% -45.5% 25% Record Year 2012 (40) 2011 (47) 2014 (40)
Net Company Growth
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Annual Data (2014)
A total of 262 companies were added to the company register for Rochester in 2014. This number represents growth of 39.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 90 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Rochester company register grew by 284 companies.
Year Rochester UK 2014 262 214,114 2013 172 197,150 2012 284 198,164 2011 152 138,346 2010 46 58,125 Record Year 2012 (284) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Rochester increased by 125 companies.
Half Year (Jul-Dec) Rochester UK 2014 125 90,590 2013 79 82,910 Record Year 2003 (129) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Rochester during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 63 companies.
fourth quarter (Oct 2014 - Dec 2014) Rochester UK 2014 63 48,846 2013 36 36,396 Record Year 2014 (63) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 43 16 4 Net growth in 2013 16 7 13 Record Year 2003 (46) 2004 (23) 2012 (15)
UK Company Share
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Annual Data (2014)
In 2014 Rochester formed 0.1% of all UK companies. This is no change on 2013 when Rochester was responsible for 0.1% of all UK companies.
Year Rochester 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2001 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Rochester formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Rochester 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2001 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Rochester formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Rochester 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1993 (0.2%) 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 0.1% 0.1% 0.1% % change 44.7% -25.5% -16.4% Record Year 2001 (0.2%) 1992 (0.2%) 1992 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.2.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.1% 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 41.6.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% 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 41.1.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.4% 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 Rochester was 1989 when 100.0% of all directors were female.
The percentage of female directors in Rochester in 2014 was 31.3%. 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 Rochester was 2012 when 32.9% of all directors were female.
29.9% of all director appointments in Rochester 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 Rochester was in 2010 when 36.6% of all directors were female.
31.6% of all director appointments in Rochester 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 PROPERTY 1.25% CONSULTING 5.22% BUILDING 1.25% MANAGEMENT 4.58% CONSULTANCY 1.25% CONSULTANCY 3.57% MANAGEMENT 1.07% PROPERTY 2.66% KENT 0.98% CONSTRUCTION 2.12% MAINTENANCE 0.98% ENGINEERING 2.10% CARE 0.89% CARE 2.02% DEVELOPMENTS 0.89% TRADING 1.94% CONSULTING 0.71% LONDON 1.93% ENGINEERING 0.71% TRANSPORT 1.93% ELECTRICAL 0.71% DESIGN 1.66% CONSTRUCTION 0.62% CONSULTANTS 1.64% RAIL 0.53% ELECTRICAL 1.62% SCAFFOLDING 0.53% PROPERTIES 1.62% ASSOCIATES 0.53% BUSINESS 1.56% SYSTEMS 0.53% J 1.54% TRADING 0.53% CO., 1.50% 4 0.53% GLOBAL 1.49% CONTRACTORS 0.45% INVESTMENTS 1.48% CARPENTRY 0.45% ASSOCIATES 1.47% PRODUCTS 0.45% DEVELOPMENTS 1.35% IT 0.45% MEDIA 1.33% J 0.45% IT 1.31% BUSINESS 0.45% BUILDING 1.29% MEDICAL 0.36% 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 314 265,608 99999 - Dormant Company 62 48,509 70229 - Management consultancy activities other than financial management 49 42,290 82990 - Other business support service activities not elsewhere classified 37 58,068 62020 - Information technology consultancy activities 27 30,178 96090 - Other service activities not elsewhere classified 23 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 21 19,049 41100 - Development of building projects 19 11,397 43210 - Electrical installation 18 5,985 86900 - Other human health activities 17 12,976 47910 - Retail sale via mail order houses or via Internet 16 10,107 43999 - Other specialised construction activities not elsewhere classified 14 8,761 45200 - Maintenance and repair of motor vehicles 14 5,425 62090 - Other information technology service activities 14 12,837 93130 - Fitness facilities 13 1,683 56302 - Public houses and bars 11 6,285 85590 - Other education not elsewhere classified 11 6,206 43390 - Other building completion and finishing 10 5,931 71129 - Other engineering activities 10 6,132 68209 - Other letting and operating of own or leased real estate 9 11,212
Recent Companies
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Randomly selected companies from this quarter
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