Tunbridge Wells, Kent
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 469 companies were formed in Tunbridge Wells. This figure is 2.2% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Tunbridge Wells occurred in 2007 when a total of 788 were formed.
Half Year (Jan-Jun) Tunbridge Wells UK 2014 469 300,731 2013 459 269,432 % change 2.2% 11.6% Record Year 2007 (788) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 222 companies were registered in Tunbridge Wells during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 8.3% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Tunbridge Wells UK 2014 222 150,009 2013 205 134,630 % change 8.3% 11.4% Record Year 2011 (247) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 76 60 86 New companies in 2013 87 67 51 % change -12.6% -10.4% 68.6% Record Year 2011 (90) 2000 (349) 2010 (90)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 297 companies were dissolved in Tunbridge Wells. This figure is 7.2% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Tunbridge Wells occurred in 2005 when a total of 1,204 were closed.
Half Year (Jan-Jun) Tunbridge Wells UK 2014 297 177,207 2013 277 155,192 % change 7.2% 14.2% Record Year 2005 (1,204) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 165 companies were dissolved in Tunbridge Wells during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 15.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Tunbridge Wells UK 2014 165 94,837 2013 143 77,278 % change 15.4% 22.7% Record Year 2005 (930) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 32 73 60 Closed companies in 2013 57 45 41 % change -43.9% 62.2% 46% Record Year 2009 (119) 2009 (280) 2005 (787)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Tunbridge Wells increased by 172 companies.
Half Year (Jan-Jun) Tunbridge Wells UK 2014 172 123,524 2013 182 114,240 Record Year 2007 (588) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Tunbridge Wells during the second quarter of 2014 (Apr 2014 - Jun 2014) was 57 companies.
second quarter (Apr 2014 - Jun 2014) Tunbridge Wells UK 2014 57 55,172 2013 62 57,352 Record Year 2011 (126) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 44 -13 26 Net growth in 2013 30 22 10 Record Year 2011 (64) 2000 (338) 2002 (54)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Tunbridge Wells formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jan-Jun) Tunbridge Wells 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2000 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Tunbridge Wells formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Tunbridge Wells 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2000 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.2% UK formation share in 2013 0.2% 0.1% 0.1% % change -21.2% -17.4% 46.1% Record Year 2001 (0.3%) 2000 (1.5%) 2002 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 47.0.
The percentage of directors under the age of 25 was 7.7% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 48.0.
The percentage of directors under the age of 25 was 9.7% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Tunbridge Wells was 2006 when 30.7% of all directors were female.
28.3% of all director appointments in Tunbridge Wells in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Tunbridge Wells was in 2007 when 33.9% of all directors were female.
27.5% of all director appointments in Tunbridge Wells in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.78% CONSULTING 5.16% MANAGEMENT 1.96% MANAGEMENT 4.64% CONSULTANCY 1.49% CONSULTANCY 3.50% PROPERTY 1.29% PROPERTY 2.66% RTM 0.95% TRADING 2.03% WINKWORTH 0.75% ENGINEERING 1.99% INVESTMENTS 0.75% CONSTRUCTION 1.93% DESIGN 0.75% LONDON 1.93% ROAD 0.68% CARE 1.85% CONSULTANTS 0.68% DESIGN 1.75% INVESTMENT 0.61% CONSULTANTS 1.73% MEDIA 0.61% BUSINESS 1.69% LONDON 0.54% PROPERTIES 1.63% HEALTH 0.54% TRANSPORT 1.58% DEVELOPMENTS 0.54% GLOBAL 1.55% CARE 0.54% INVESTMENTS 1.55% ASSOCIATES 0.47% J 1.51% ENERGY 0.47% ASSOCIATES 1.48% ENTERPRISES 0.47% MEDIA 1.44% GLOBAL 0.47% ELECTRICAL 1.40% PROPERTIES 0.41% IT 1.33% INTERNATIONAL 0.41% DEVELOPMENTS 1.33% FINANCIAL 0.41% BUILDING 1.26% KENT 0.41% M 1.24% HOMES 0.41% CO., 1.20%
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 417 261,557 70229 - Management consultancy activities other than financial management 117 40,250 82990 - Other business support service activities not elsewhere classified 102 57,421 99999 - Dormant Company 92 48,436 62020 - Information technology consultancy activities 58 29,029 98000 - Residents property management 46 5,046 74909 - Other professional, scientific and technical activities not elsewhere classified 38 19,058 41100 - Development of building projects 33 10,527 96090 - Other service activities not elsewhere classified 32 28,352 64999 - Financial intermediation not elsewhere classified 21 5,836 68320 - Management of real estate on a fee or contract basis 20 5,731 68209 - Other letting and operating of own or leased real estate 19 10,133 74100 - specialised design activities 19 4,703 78109 - Other activities of employment placement agencies 18 4,076 73110 - Advertising agencies 17 4,055 71111 - Architectural activities 17 2,823 62090 - Other information technology service activities 16 13,024 69201 - Accounting and auditing activities 16 7,415 62012 - Business and domestic software development 16 9,834 41202 - Construction of domestic buildings 16 7,053
Recent Companies
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Randomly selected companies from this quarter
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