Rochester, Kent

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Rochester when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Rochester when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Rochester when compared to any previous March.
  • February 2015 saw a new record in company registrations in Rochester when compared to any previous February.
  • February 2015 was a record month for company registrations in Rochester when compared to any month in history.
  • February 2015 saw a new record in company closures in Rochester when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Rochester when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Rochester when compared to any quarter in history.

    A total of 192 companies were registered in Rochester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 17.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)RochesterUK
    2015192161,156
    2014164150,722
    % change17.1%6.9%
    Record Year 2015 (192) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Rochester when compared to any previous March.

    February 2015 saw a new record in company registrations in Rochester when compared to any previous February.

    February 2015 was a record month for company registrations in Rochester when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015447573
    New companies in 2014515756
    % change-13.7%31.6%30.4%
    Record Year2012 (72)2015 (75)2007 (73)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 120 companies were dissolved in Rochester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 50.0% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)RochesterUK
    201512089,523
    20148082,370
    % change50.0%8.7%
    Record Year 2015 (120) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Rochester when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015364044
    Closed companies in 2014262826
    % change38.5%42.9%69%
    Record Year2013 (48)2015 (40)2009 (67)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Rochester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 72 companies.

    first quarter (Jan 2015 - Mar 2015)RochesterUK
    20157271,633
    20148468,352
    Record Year 2012 (116) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201583529
    Net growth in 2014252930
    Record Year2012 (46)2012 (47)2007 (49)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Rochester formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Rochester
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 2001 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.1%0.1%
    % change-15.4%21.2%18.8%
    Record Year2012 (0.2%)1987 (0.2%)2001 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.3.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Rochester was in 2008 when 33.7% of all directors were female.

    29.1% of all director appointments in Rochester in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.20%CONSULTING5.23%
    BUILDING1.12%MANAGEMENT4.56%
    CONSULTANCY1.12%CONSULTANCY3.62%
    ELECTRICAL0.95%PROPERTY2.72%
    CONSULTING0.95%CONSTRUCTION2.19%
    MAINTENANCE0.95%CARE2.13%
    PROPERTY0.95%ENGINEERING2.12%
    KENT0.86%LONDON1.91%
    ENGINEERING0.77%TRADING1.88%
    CONSTRUCTION0.69%TRANSPORT1.82%
    J0.69%ELECTRICAL1.76%
    CARE0.60%DESIGN1.65%
    CAR0.60%PROPERTIES1.63%
    DEVELOPMENTS0.60%CO.,1.58%
    ASSOCIATES0.60%J1.55%
    SCAFFOLDING0.52%CONSULTANTS1.54%
    SYSTEMS0.52%BUSINESS1.49%
    CARPENTRY0.52%INVESTMENTS1.49%
    BUSINESS0.52%GLOBAL1.46%
    40.52%ASSOCIATES1.44%
    SALES0.43%DEVELOPMENTS1.36%
    RAIL0.43%BUILDING1.31%
    IT0.43%IT1.30%
    D0.43%MEDIA1.28%
    CONTRACTORS0.43%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied319288,953
    99999 - Dormant Company6049,474
    70229 - Management consultancy activities other than financial management4343,081
    82990 - Other business support service activities not elsewhere classified3958,522
    62020 - Information technology consultancy activities2630,825
    96090 - Other service activities not elsewhere classified2529,218
    41100 - Development of building projects2211,863
    74909 - Other professional, scientific and technical activities not elsewhere classified2119,098
    86900 - Other human health activities1913,990
    43210 - Electrical installation196,139
    47910 - Retail sale via mail order houses or via Internet1910,200
    43999 - Other specialised construction activities not elsewhere classified169,080
    93130 - Fitness facilities131,710
    45200 - Maintenance and repair of motor vehicles135,392
    43290 - Other construction installation113,281
    62090 - Other information technology service activities1112,862
    68209 - Other letting and operating of own or leased real estate1111,600
    85590 - Other education not elsewhere classified106,238
    43390 - Other building completion and finishing96,052
    56302 - Public houses and bars96,355

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09428109 CUBIC INNOVATIONS LIMITED 09 Feb 2015
    09434373 EASY DEAL SOLUTION LTD 11 Feb 2015
    09438585 THE MORTGAGE PLATFORM LIMITED 13 Feb 2015
    09439954 CHARLIX LTD 13 Feb 2015
    09441933 EVERLASTING REFRESH REFINE RENEW LIMITED 16 Feb 2015
    09443675 LUMECH DESIGN LIMITED 17 Feb 2015
    09444022 AIG TRANSPORT LTD 17 Feb 2015
    09450691 WALLACE 1967 LIMITED 20 Feb 2015
    09416653 R & S (SOUTH EAST) PROPERTY DEVELOPMENTS LTD 02 Feb 2015
    09422463 CAREASSIST SERVICES LTD 04 Feb 2015
    09423632 FOUR26 LTD 05 Feb 2015
    09425202 OUTLAW PRODUCTIONS LTD 05 Feb 2015
    09432245 MAGDANEDEL LTD 10 Feb 2015
    09434519 SUBZERO PR LTD 11 Feb 2015
    09437212 QUID OR LESS LTD 12 Feb 2015
    09440769 ARNIE'S ARMOURY LIMITED 16 Feb 2015
    09441121 CAR AND VAN HIRE LTD 16 Feb 2015
    09442242 BARCLAYS CAPITAL UK LTD 16 Feb 2015
    09450675 COMPLETE MAINTENANCE SERVICES LTD 20 Feb 2015
    09451925 FALCON POWER RESEARCH LIMITED 21 Feb 2015
    09453502 NEW LOOK BUILDERS LIMITED 23 Feb 2015
    09456679 MOTOROSI SERVICE LTD 24 Feb 2015
    09456753 CAR AUDIO MOTIONS LIMITED 24 Feb 2015
    09463204 C & O CAR WASH LTD 27 Feb 2015
    09443047 RACHEL O'RIORDAN LIMITED 17 Feb 2015