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
New Company Registrations
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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.
Year Tunbridge Wells UK 2013 905 529,363 2012 871 491,893 2011 947 452,870 2010 833 400,358 2009 712 362,675 Record Year 2007 (1,096) 2013 (529,363) New Companies by Year
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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 Wells UK 2013 446 259,931 2012 423 238,743 % change 5.4% 8.9% Record Year 2003 (1,473) 2013 (259,931) New Companies by Half Year
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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 Wells UK 2013 201 127,247 2012 194 119,875 % change 3.6% 6.1% Record Year 2011 (211) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 80 62 59 New companies in 2012 84 65 45 % change -4.8% -4.6% 31.1% Record Year 2002 (234) 2003 (190) 2003 (322)
Closed Companies (dissolved)
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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.
Year Tunbridge Wells UK 2013 598 332,213 2012 489 293,729 2011 548 314,524 2010 623 342,233 2009 1,220 533,789 Record Year 2005 (1,953) 2009 (533,789) Dissolved Companies by Year
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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 Wells UK 2013 321 177,021 2012 264 145,935 % change 21.6% 21.3% Record Year 2005 (749) 2009 (244,544) Dissolved Companies by Half Year
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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 Wells UK 2013 165 90,851 2012 130 70,027 % change 26.9% 29.7% Record Year 2009 (193) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 65 47 53 Closed companies in 2012 53 42 35 % change 22.6% 11.9% 51% Record Year 2010 (77) 2010 (65) 2008 (86)
Net Company Growth
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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.
Year Tunbridge Wells UK 2013 307 197,150 2012 382 198,164 2011 399 138,346 2010 210 58,125 2009 -508 -171,114 Record Year 2007 (700) 2007 (237,353) Net Growth by Year
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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 Wells UK 2013 125 82,910 2012 159 92,808 Record Year 2003 (1,302) 2003 (117,772) Net Growth by Half Year
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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 Wells UK 2013 36 36,396 2012 64 49,848 Record Year 2004 (83) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 15 15 6 Net growth in 2012 31 23 10 Record Year 2002 (192) 2003 (165) 2003 (300)
UK Company Share
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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.
Year Tunbridge Wells 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2000 (0.5%) Company Share by Year
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2003 (0.7%) Company Share by Half Year
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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 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2003 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.2% 0.1% 0.2% UK formation share in 2012 0.2% 0.2% 0.1% % change -11.5% -6.3% 19.3% Record Year 2002 (0.7%) 2003 (0.6%) 2003 (1.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.60% CONSULTING 5.22% MANAGEMENT 2.29% MANAGEMENT 4.72% CONSULTANCY 1.39% CONSULTANCY 3.45% PROPERTY 1.39% PROPERTY 2.59% RTM 0.97% TRADING 2.08% WINKWORTH 0.76% ENGINEERING 1.87% ROAD 0.69% LONDON 1.86% ASSOCIATES 0.69% DESIGN 1.76% WELLS 0.62% CONSTRUCTION 1.73% PROJECT 0.55% CARE 1.73% INVESTMENTS 0.49% BUSINESS 1.71% CONSULTANTS 0.49% CONSULTANTS 1.68% ENTERPRISES 0.49% GLOBAL 1.58% PROJECTS 0.49% INVESTMENTS 1.56% HOME 0.42% PROPERTIES 1.54% PROPERTIES 0.42% ASSOCIATES 1.53% FINANCIAL 0.42% J 1.51% INVESTMENT 0.42% MEDIA 1.50% HOUSE 0.42% IT 1.35% PROSAPIA 0.42% DEVELOPMENTS 1.23% TW 0.42% M 1.23% COURT 0.42% BUILDING 1.21% RESIDENTIAL 0.42% ELECTRICAL 1.20% STREET 0.42% CAPITAL 1.19% TUNBRIDGE 0.42% ENERGY 1.14%
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 489 266,814 70229 - Management consultancy activities other than financial management 112 36,164 99999 - Dormant Company 100 46,762 82990 - Other business support service activities not elsewhere classified 78 55,342 98000 - Residents property management 59 4,710 62020 - Information technology consultancy activities 58 27,183 74990 - Non-trading company 36 14,223 74909 - Other professional, scientific and technical activities not elsewhere classified 35 18,034 41100 - Development of building projects 26 9,485 96090 - Other service activities not elsewhere classified 26 26,001 68320 - Management of real estate on a fee or contract basis 21 5,236 78109 - Other activities of employment placement agencies 20 3,736 62090 - Other information technology service activities 19 12,511 74100 - specialised design activities 17 4,309 71111 - Architectural activities 16 2,741 64999 - Financial intermediation not elsewhere classified 15 5,309 68209 - Other letting and operating of own or leased real estate 15 8,733 56101 - Licensed restaurants 15 7,685 86220 - Specialists medical practice activities 15 3,561 73110 - Advertising agencies 14 3,709
Recent Companies
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Randomly selected companies from this quarter
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