Tunbridge Wells, Kent

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

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 (2013)

    A total of 905 companies were formed in Tunbridge Wells in 2013. This total is 3.9% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearTunbridge WellsUK
    2013905529,363
    2012871491,893
    2011947452,870
    2010833400,358
    2009712362,675
    Record Year2007 (1,096)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 446 companies were formed in Tunbridge Wells. This figure is 5.4% higher than last year, which compares badly to the UK wide figure of 8.9%.

    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
    2013446259,931
    2012423238,743
    % change5.4%8.9%
    Record Year2003 (1,473)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 201 companies were registered in Tunbridge Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 3.6% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Tunbridge WellsUK
    2013201127,247
    2012194119,875
    % change3.6%6.1%
    Record Year 2011 (211) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013806259
    New companies in 2012846545
    % change-4.8%-4.6%31.1%
    Record Year2002 (234)2003 (190)2003 (322)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 598 companies were dissolved in Tunbridge Wells in 2013. This total is 22.3% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearTunbridge WellsUK
    2013598332,213
    2012489293,729
    2011548314,524
    2010623342,233
    20091,220533,789
    Record Year2005 (1,953)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 321 companies were dissolved in Tunbridge Wells. This figure is 21.6% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    2013321177,021
    2012264145,935
    % change21.6%21.3%
    Record Year2005 (749)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 165 companies were dissolved in Tunbridge Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 26.9% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Tunbridge WellsUK
    201316590,851
    201213070,027
    % change26.9%29.7%
    Record Year 2009 (193) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013654753
    Closed companies in 2012534235
    % change22.6%11.9%51%
    Record Year2010 (77)2010 (65)2008 (86)

Net Company Growth

  1. Annual Data (2013)

    A total of 307 companies were added to the company register for Tunbridge Wells in 2013. This number represents growth of 33.9% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 75 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Tunbridge Wells company register grew by 700 companies.

    YearTunbridge WellsUK
    2013307197,150
    2012382198,164
    2011399138,346
    201021058,125
    2009-508-171,114
    Record Year2007 (700)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Tunbridge Wells increased by 125 companies.

    Half Year (Jul-Dec)Tunbridge WellsUK
    201312582,910
    201215992,808
    Record Year2003 (1,302)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Tunbridge Wells during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 36 companies.

    fourth quarter (Oct 2013 - Dec 2013)Tunbridge WellsUK
    20133636,396
    20126449,848
    Record Year 2004 (83) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201315156
    Net growth in 2012312310
    Record Year2002 (192)2003 (165)2003 (300)

UK Company Share

  1. Annual Data (2013)

    In 2013 Tunbridge Wells formed 0.2% of all UK companies. This is no change on 2012 when Tunbridge Wells was responsible for 0.2% of all UK companies.

    YearTunbridge Wells
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960)2000 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Tunbridge Wells formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.

    Half Year (Jul-Dec)Tunbridge Wells
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Tunbridge Wells formed 0.2% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Tunbridge Wells
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.1%0.2%
    UK formation share in 20120.2%0.2%0.1%
    % change-11.5%-6.3%19.3%
    Record Year2002 (0.7%)2003 (0.6%)2003 (1.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 46.0.

    The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 45.4.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 45.7.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Tunbridge Wells was 1969 when 100.0% of all directors were female.

    The percentage of female directors in Tunbridge Wells in 2013 was 28.6%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Tunbridge Wells was 2007 when 34.4% of all directors were female.

    28.1% of all director appointments in Tunbridge Wells in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Tunbridge Wells was in 2005 when 34.4% of all directors were female.

    29.1% of all director appointments in Tunbridge Wells in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING3.60%CONSULTING5.22%
    MANAGEMENT2.29%MANAGEMENT4.72%
    CONSULTANCY1.39%CONSULTANCY3.45%
    PROPERTY1.39%PROPERTY2.59%
    RTM0.97%TRADING2.08%
    WINKWORTH0.76%ENGINEERING1.87%
    ROAD0.69%LONDON1.86%
    ASSOCIATES0.69%DESIGN1.76%
    WELLS0.62%CONSTRUCTION1.73%
    PROJECT0.55%CARE1.73%
    INVESTMENTS0.49%BUSINESS1.71%
    CONSULTANTS0.49%CONSULTANTS1.68%
    ENTERPRISES0.49%GLOBAL1.58%
    PROJECTS0.49%INVESTMENTS1.56%
    HOME0.42%PROPERTIES1.54%
    PROPERTIES0.42%ASSOCIATES1.53%
    FINANCIAL0.42%J1.51%
    INVESTMENT0.42%MEDIA1.50%
    HOUSE0.42%IT1.35%
    PROSAPIA0.42%DEVELOPMENTS1.23%
    TW0.42%M1.23%
    COURT0.42%BUILDING1.21%
    RESIDENTIAL0.42%ELECTRICAL1.20%
    STREET0.42%CAPITAL1.19%
    TUNBRIDGE0.42%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied489266,814
    70229 - Management consultancy activities other than financial management11236,164
    99999 - Dormant Company10046,762
    82990 - Other business support service activities not elsewhere classified7855,342
    98000 - Residents property management594,710
    62020 - Information technology consultancy activities5827,183
    74990 - Non-trading company3614,223
    74909 - Other professional, scientific and technical activities not elsewhere classified3518,034
    41100 - Development of building projects269,485
    96090 - Other service activities not elsewhere classified2626,001
    68320 - Management of real estate on a fee or contract basis215,236
    78109 - Other activities of employment placement agencies203,736
    62090 - Other information technology service activities1912,511
    74100 - specialised design activities174,309
    71111 - Architectural activities162,741
    64999 - Financial intermediation not elsewhere classified155,309
    68209 - Other letting and operating of own or leased real estate158,733
    56101 - Licensed restaurants157,685
    86220 - Specialists medical practice activities153,561
    73110 - Advertising agencies143,709

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08758043 SMART HOME SORCERY LIMITED 01 Nov 2013
    08758055 RAJ ENTERPRISES (3D) LTD. 01 Nov 2013
    08760202 PADDOCK WOOD PRIVATE HIRE LTD 04 Nov 2013
    08760728 LAWKNOX LIMITED 04 Nov 2013
    08762144 LONSDALE FINANCIAL PLANNING LTD 05 Nov 2013
    08770443 DADS AND KIDS LIMITED 11 Nov 2013
    08771502 GSF SOLUTIONS LIMITED 12 Nov 2013
    08772184 RESOCOM UK LIMITED 12 Nov 2013
    08777540 INVICTA CONSULTING LIMITED 15 Nov 2013
    08778345 SITADOX LIMITED 18 Nov 2013
    08783110 MOO BRANDING LIMITED 20 Nov 2013
    08783187 FINGERPRINT MARKETING LTD 20 Nov 2013
    08787963 MARVELLOUS PUBS LTD 25 Nov 2013
    08789335 EXPRESS TAX CLAIMS LIMITED 25 Nov 2013
    08796326 FORTRESS REALISATIONS LIMITED 29 Nov 2013
    08790553 RJ MCLEAN DIGITAL DESIGN LTD 26 Nov 2013
    08760380 FORTUNE FINANCIAL CONSULTANCY LTD 04 Nov 2013
    08762437 TRICHROME HEALTHCARE LIMITED 05 Nov 2013
    08762769 REDBOX MORTGAGES LIMITED 05 Nov 2013
    08773324 CORDIO LIMITED 13 Nov 2013
    08773577 QARUS LIMITED 13 Nov 2013
    08774017 BERENDT CONSULTING LIMITED 13 Nov 2013
    08781505 P J TECH CONSULTING LIMITED 19 Nov 2013
    08785451 WELLS CAPITAL INVESTMENT SOLUTIONS LIMITED 21 Nov 2013
    OC389379 BRIGHTSTAR PROFESSIONAL MANAGEMENT SERVICES LLP 22 Nov 2013