Tunbridge Wells, Kent

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Tunbridge Wells when compared to any previous November.
  • October 2010 saw a new record in company closures in Tunbridge Wells 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 (2010)

    A total of 833 companies were formed in Tunbridge Wells in 2010. This total is 17.0% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearTunbridge WellsUK
    2010833400,358
    2009712362,675
    2008712349,203
    20071,096457,649
    2006697405,440
    Record Year2003 (1,800)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 410 companies were formed in Tunbridge Wells. This figure is 14.2% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Tunbridge Wells occurred in 2003 when a total of 1,473 were formed.

    Half Year (Jul-Dec)Tunbridge WellsUK
    2010410196,609
    2009359180,654
    % change14.2%8.8%
    Record Year2003 (1,473)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 197 companies were registered in Tunbridge Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 28.8% versus the same period last year (Q4 2009). This figure compares well 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)Tunbridge WellsUK
    201019795,117
    200915385,983
    % change28.8%10.6%
    Record Year 2003 (566) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010577268
    New companies in 2009446643
    % change29.5%9.1%58.1%
    Record Year2002 (234)2003 (190)2003 (322)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 621 companies were dissolved in Tunbridge Wells in 2010. This total is 49.1% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearTunbridge WellsUK
    2010621342,232
    20091,220533,773
    2008422237,901
    2007396220,295
    2006436200,166
    Record Year2005 (1,954)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 323 companies were dissolved in Tunbridge Wells. This figure is 10.5% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Tunbridge Wells occurred in 2005 when a total of 749 were closed.

    Half Year (Jul-Dec)Tunbridge WellsUK
    2010323164,601
    2009361244,537
    % change-10.5%-32.7%
    Record Year2005 (749)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 166 companies were dissolved in Tunbridge Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 14.0% versus the same period last year (Q4 2009). This figure compares well 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)Tunbridge WellsUK
    201016676,896
    200919385,136
    % change-14.0%-9.7%
    Record Year 2009 (193) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Tunbridge Wells when compared to any previous November.

    October 2010 saw a new record in company closures in Tunbridge Wells when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010766525
    Closed companies in 2009595777
    % change28.8%14.0%-68%
    Record Year2010 (76)2010 (65)2008 (86)

Net Company Growth

  1. Annual Data (2010)

    A total of 212 companies were added to the company register for Tunbridge Wells in 2010. This number represents growth of 29.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 720 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2000 when the Tunbridge Wells company register grew by 971 companies.

    YearTunbridge WellsUK
    201021258,126
    2009-508-171,098
    2008290111,302
    2007700237,354
    2006261205,274
    Record Year2000 (971)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Tunbridge Wells increased by 87 companies.

    Half Year (Jul-Dec)Tunbridge WellsUK
    20108732,008
    2009-2-63,883
    Record Year2003 (1,302)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Tunbridge Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 31 companies.

    fourth quarter (Oct 2010 - Dec 2010)Tunbridge WellsUK
    20103118,221
    2009-40847
    Record Year 2003 (503) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-19743
    Net growth in 2009-159-34
    Record Year2002 (192)2003 (165)2003 (300)

UK Company Share

  1. Annual Data (2010)

    In 2010 Tunbridge Wells formed 0.2% of all UK companies. This is no change on 2009 when Tunbridge Wells was responsible for 0.2% of all UK companies.

    YearTunbridge Wells
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)2000 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Tunbridge Wells formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Tunbridge Wells
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Tunbridge Wells formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Tunbridge Wells
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.3%
    UK formation share in 20090.1%0.2%0.2%
    % change13.5%-2.5%50.5%
    Record Year2002 (0.7%)2003 (0.6%)2003 (1.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 49.3.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 21.0% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.4.

    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 4.3% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 45.6.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Tunbridge Wells was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Tunbridge Wells in 2010 was 27.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Tunbridge Wells was 1860 when 42.9% of all directors were female.

    31.2% of all director appointments in Tunbridge Wells 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
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Tunbridge Wells was in 1977 when 31.1% of all directors were female.

    29.0% of all director appointments in Tunbridge Wells 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.30%CONSULTING5.06%
    INVESTMENTS1.61%MANAGEMENT5.01%
    CONSULTANCY1.45%CONSULTANCY3.14%
    MANAGEMENT1.45%PROPERTY2.36%
    RTM1.38%TRADING2.11%
    DESIGN1.15%ASSOCIATES1.95%
    BUILDERS0.99%DESIGN1.92%
    PROPERTIES0.99%BUSINESS1.82%
    CONSULTANTS0.92%CONSTRUCTION1.82%
    PROPERTY0.84%CONSULTANTS1.76%
    PARK0.69%MEDIA1.71%
    ASSOCIATES0.69%ENGINEERING1.62%
    ROAD0.69%LONDON1.60%
    COURT0.61%CARE1.45%
    BUILDING0.61%INVESTMENTS1.44%
    COMMERCIAL0.61%GLOBAL1.43%
    FINANCIAL0.61%J1.42%
    JAMES0.54%IT1.41%
    FUTURES0.54%PROPERTIES1.34%
    HEALTH0.54%INTERNATIONAL1.34%
    CAPITAL0.54%BUILDING1.34%
    WELLS0.54%M1.30%
    LONDON0.46%ELECTRICAL1.25%
    ERIDGE0.46%SYSTEMS1.24%
    MEDIA0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied396199,572
    7487 - Other business activities9963,348
    70229 - Management consultancy activities other than financial management5414,505
    82990 - Other business support service activities not elsewhere classified5127,550
    7414 - Business & management consultancy4113,474
    9999 - Dormant Company4020,144
    99999 - Dormant Company2716,285
    62020 - Information technology consultancy activities219,177
    9305 - Other service activities218,858
    7499 - Non-trading company1912,000
    62090 - Other information technology service activities186,330
    98000 - Residents property management163,235
    96090 - Other service activities not elsewhere classified168,799
    7011 - Development & sell real estate152,949
    7450 - Labour recruitment152,783
    74990 - Non-trading company138,243
    7260 - Other computer related activities138,089
    69201 - Accounting and auditing activities123,088
    74909 - Other professional, scientific and technical activities not elsewhere classified127,088
    7222 - Other software consultancy and supply117,298

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07454898 ROCHEFORT ADVISORY LTD. 30 Nov 2010
    07454714 UNION 8 LIMITED 30 Nov 2010
    07452787 MERCIAN COURT RTM COMPANY LIMITED 26 Nov 2010
    07447022 BABA MEDICAL HOLDINGS LIMITED 22 Nov 2010
    07443693 41 PRIORY ROAD RTM COMPANY LTD 18 Nov 2010
    07443542 GBH PLAY LTD 18 Nov 2010
    07440002 HOMECHERRY HOUSE RTM COMPANY LIMITED 15 Nov 2010
    07428099 HERITAGE COURT RTM COMPANY LIMITED 03 Nov 2010
    07427971 6 AVENUE CRESCENT RTM COMPANY LIMITED 03 Nov 2010
    07426918 NA GIBSON SERVICES LIMITED 02 Nov 2010
    OC359761 VICTORIA JAMES INNS (RETREAT) LLP 24 Nov 2010
    07431877 TN2 CONTRACTING LIMITED 08 Nov 2010
    07428870 LKC DESIGN LIMITED 03 Nov 2010
    07427921 SNOWJO LIMITED 03 Nov 2010
    07425574 BOARDWELL LTD. 01 Nov 2010
    07449556 EXALL CONSULTING LTD 24 Nov 2010
    07447465 NIKURA LIMITED 22 Nov 2010
    07441388 M THREE CORPORATE CONSULTING LIMITED 16 Nov 2010
    07433046 J S LOCKSMITHS LIMITED 08 Nov 2010
    07433018 PAUL DALE FINANCIAL AND MANAGEMENT SERVICES LTD 08 Nov 2010
    07432911 PRORITE LIMITED 08 Nov 2010
    07431325 SMILE CASE LTD 05 Nov 2010
    07429298 TRAMID LTD 04 Nov 2010
    07424853 FATHER'S EMBRACE MINISTRIES 01 Nov 2010
    07424726 FIERCE RECRUITMENT LIMITED 01 Nov 2010