Tunbridge Wells, Kent
Q1 2014 Business Confidence Report
Headlines
- January 2014 saw a new record in company registrations in Tunbridge Wells when compared to any previous January.
- January 2014 saw a new record in net growth in Tunbridge Wells when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 247 companies were registered in Tunbridge Wells during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.8% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Tunbridge Wells UK 2014 247 150,722 2013 254 134,802 % change -2.8% 11.8% Record Year 2007 (618) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in company registrations in Tunbridge Wells when compared to any previous January.
New Companies by Month
January February March New companies in 2014 86 77 84 New companies in 2013 78 76 100 % change 10.3% 1.3% -16.0% Record Year 2014 (86) 2006 (130) 2007 (477)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 132 companies were dissolved in Tunbridge Wells during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 1.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Tunbridge Wells UK 2014 132 82,370 2013 134 77,914 % change -1.5% 5.7% Record Year 2005 (274) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 46 45 41 Closed companies in 2013 61 33 40 % change -24.6% 36.4% 3% Record Year 2011 (62) 2003 (271) 2005 (181)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Tunbridge Wells during the first quarter of 2014 (Jan 2014 - Mar 2014) was 115 companies.
first quarter (Jan 2014 - Mar 2014) Tunbridge Wells UK 2014 115 68,352 2013 120 56,888 Record Year 2007 (507) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in Tunbridge Wells when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 40 32 43 Net growth in 2013 17 43 60 Record Year 2014 (40) 2006 (96) 2007 (434)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Tunbridge Wells formed 0.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Tunbridge Wells 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2007 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 3.2% -6.5% -29.9% Record Year 1992 (0.3%) 2006 (0.4%) 2007 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 46.0.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Tunbridge Wells was in 2006 when 31.8% of all directors were female.
29.2% of all director appointments in Tunbridge Wells in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.25% CONSULTING 5.22% MANAGEMENT 2.49% MANAGEMENT 4.67% PROPERTY 1.25% CONSULTANCY 3.49% CONSULTANCY 1.25% PROPERTY 2.64% RTM 0.97% TRADING 2.05% WINKWORTH 0.76% LONDON 1.88% ROAD 0.62% ENGINEERING 1.86% ENTERPRISES 0.55% CARE 1.79% HEALTH 0.55% CONSTRUCTION 1.75% ASSOCIATES 0.55% DESIGN 1.75% CONSULTANTS 0.55% CONSULTANTS 1.73% INVESTMENTS 0.55% BUSINESS 1.71% DESIGN 0.48% PROPERTIES 1.60% MEDIA 0.48% INVESTMENTS 1.60% INVESTMENT 0.48% GLOBAL 1.58% CARE 0.48% J 1.48% WELLS 0.48% ASSOCIATES 1.48% ENERGY 0.42% MEDIA 1.48% PROJECT 0.42% IT 1.33% DEVELOPMENTS 0.42% TRANSPORT 1.30% EAST 0.42% DEVELOPMENTS 1.29% PROJECTS 0.42% BUILDING 1.24% PROSAPIA 0.42% M 1.21% CAPITAL 0.42% CAPITAL 1.20% LONDON 0.42% ELECTRICAL 1.19%
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 485 280,210 70229 - Management consultancy activities other than financial management 114 37,882 99999 - Dormant Company 95 47,084 82990 - Other business support service activities not elsewhere classified 83 56,411 62020 - Information technology consultancy activities 59 27,750 98000 - Residents property management 53 4,832 74909 - Other professional, scientific and technical activities not elsewhere classified 38 18,491 41100 - Development of building projects 32 9,855 74990 - Non-trading company 30 14,135 96090 - Other service activities not elsewhere classified 29 26,700 68320 - Management of real estate on a fee or contract basis 20 5,419 78109 - Other activities of employment placement agencies 20 3,840 62090 - Other information technology service activities 19 12,813 74100 - specialised design activities 19 4,475 71111 - Architectural activities 18 2,787 62012 - Business and domestic software development 18 9,509 68209 - Other letting and operating of own or leased real estate 18 9,284 64999 - Financial intermediation not elsewhere classified 17 5,537 56101 - Licensed restaurants 17 7,965 69201 - Accounting and auditing activities 16 7,313
Recent Companies
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Randomly selected companies from this quarter
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