Sevenoaks, Kent
Q3 2014 Business Confidence Report
Headlines
- July 2014 saw a new record in company closures in Sevenoaks when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 156 companies were registered in Sevenoaks during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 20.8% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Sevenoaks UK 2014 156 143,414 2013 197 132,684 % change -20.8% 8.1% Record Year 2013 (197) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 46 49 61 New companies in 2013 54 64 79 % change -14.8% -23.4% -22.8% Record Year 2012 (70) 2013 (64) 2009 (89)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 140 companies were dissolved in Sevenoaks during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 16.7% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Sevenoaks UK 2014 140 101,670 2013 120 86,170 % change 16.7% 18.0% Record Year 2009 (143) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Sevenoaks when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 48 35 57 Closed companies in 2013 31 40 49 % change 54.8% -12.5% 16% Record Year 2014 (48) 2008 (66) 2009 (60)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Sevenoaks during the third quarter of 2014 (Jul 2014 - Sep 2014) was 16 companies.
third quarter (Jul 2014 - Sep 2014) Sevenoaks UK 2014 16 41,744 2013 77 46,514 Record Year 2006 (90) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 -2 14 4 Net growth in 2013 23 24 30 Record Year 2008 (51) 2007 (34) 2006 (47)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Sevenoaks formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Sevenoaks 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.2% Record Year (since 1960) 2009 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.2% 0.2% % change -22.7% -27.0% -29.2% Record Year 1990 (0.2%) 1987 (0.2%) 2009 (0.3%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 46.8.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Sevenoaks was in 2005 when 36.3% of all directors were female.
31.7% of all director appointments in Sevenoaks in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.97% CONSULTING 5.17% MANAGEMENT 1.52% MANAGEMENT 4.63% CONSULTANCY 1.34% CONSULTANCY 3.55% CAPITAL 0.98% PROPERTY 2.62% BUSINESS 0.98% ENGINEERING 2.07% SEVENOAKS 0.72% CONSTRUCTION 2.05% CONSTRUCTION 0.72% TRADING 2.00% LONDON 0.72% LONDON 1.95% PROPERTIES 0.72% CARE 1.94% PARTNERS 0.63% TRANSPORT 1.76% LAW 0.63% DESIGN 1.70% T 0.54% CONSULTANTS 1.70% CLUB 0.54% PROPERTIES 1.63% SOUTH 0.54% BUSINESS 1.62% CONSULTANTS 0.54% J 1.53% DEVELOPMENTS 0.54% ELECTRICAL 1.53% INVESTMENTS 0.54% GLOBAL 1.51% EAST 0.54% INVESTMENTS 1.50% ASSOCIATES 0.54% ASSOCIATES 1.48% ROOFING 0.54% MEDIA 1.38% TRADING 0.54% CO., 1.36% TEMPLE 0.54% DEVELOPMENTS 1.35% MEDIA 0.54% BUILDING 1.30% GLOBAL 0.54% IT 1.30% DEVELOPMENT 0.54% M 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 427 278,481 82990 - Other business support service activities not elsewhere classified 126 57,264 70229 - Management consultancy activities other than financial management 83 40,717 96090 - Other service activities not elsewhere classified 82 28,224 99999 - Dormant Company 53 48,286 62020 - Information technology consultancy activities 41 29,313 74990 - Non-trading company 32 14,006 41100 - Development of building projects 28 10,604 74909 - Other professional, scientific and technical activities not elsewhere classified 22 18,890 62012 - Business and domestic software development 18 9,675 35110 - Production of electricity 18 2,374 86900 - Other human health activities 18 11,807 68209 - Other letting and operating of own or leased real estate 17 10,361 43999 - Other specialised construction activities not elsewhere classified 16 8,501 47990 - Other retail sale not in stores, stalls or markets 15 6,327 45112 - Sale of used cars and light motor vehicles 13 3,397 43390 - Other building completion and finishing 12 5,786 70221 - Financial management 12 3,550 68100 - Buying and selling of own real estate 12 6,595 43210 - Electrical installation 12 5,922
Recent Companies
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Randomly selected companies from this quarter
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