Tunbridge Wells, Kent
2014 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2014)
A total of 844 companies were formed in Tunbridge Wells in 2014. This total is 6.7% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Tunbridge Wells UK 2014 844 582,051 2013 905 529,363 2012 871 491,893 2011 947 452,870 2010 833 400,358 Record Year 2007 (1,096) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 375 companies were formed in Tunbridge Wells. This figure is 15.9% lower than last year, which compares badly to the UK wide figure of 8.2%.
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 2014 375 281,320 2013 446 259,931 % change -15.9% 8.2% Record Year 2003 (1,473) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 197 companies were registered in Tunbridge Wells during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 2.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Tunbridge Wells UK 2014 197 137,906 2013 201 127,247 % change -2.0% 8.4% Record Year 2011 (211) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 68 70 59 New companies in 2013 80 62 59 % change -15.0% 12.9% 0.0% Record Year 2002 (234) 2003 (190) 2003 (322)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 652 companies were dissolved in Tunbridge Wells in 2014. This total is 9.0% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Tunbridge Wells UK 2014 652 367,937 2013 598 332,213 2012 489 293,729 2011 548 314,524 2010 623 342,233 Record Year 2005 (1,953) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 355 companies were dissolved in Tunbridge Wells. This figure is 10.6% higher than last year, which compares badly to the UK wide change of 7.7%.
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 Wells UK 2014 355 190,730 2013 321 177,021 % change 10.6% 7.7% Record Year 2005 (749) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 148 companies were dissolved in Tunbridge Wells during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 10.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Tunbridge Wells UK 2014 148 89,060 2013 165 90,851 % change -10.3% -2.0% Record Year 2009 (193) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 48 44 56 Closed companies in 2013 65 47 53 % change -26.2% -6.4% 6% Record Year 2010 (77) 2010 (65) 2008 (86)
Net Company Growth
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Annual Data (2014)
A total of 192 companies were added to the company register for Tunbridge Wells in 2014. This number represents growth of 22.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 115 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 2014 192 214,114 2013 307 197,150 2012 382 198,164 2011 399 138,346 2010 210 58,125 Record Year 2007 (700) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Tunbridge Wells increased by 20 companies.
Half Year (Jul-Dec) Tunbridge Wells UK 2014 20 90,590 2013 125 82,910 Record Year 2003 (1,302) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Tunbridge Wells during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 49 companies.
fourth quarter (Oct 2014 - Dec 2014) Tunbridge Wells UK 2014 49 48,846 2013 36 36,396 Record Year 2011 (78) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 20 26 3 Net growth in 2013 15 15 6 Record Year 2002 (192) 2003 (165) 2003 (300)
UK Company Share
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Annual Data (2014)
In 2014 Tunbridge Wells formed 0.1% of all UK companies. This is a decline on 2013 when Tunbridge Wells was responsible for 0.2% of all UK companies.
Year Tunbridge Wells 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2000 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Tunbridge Wells formed 0.1% of all UK companies. This is less than the 2013 figure of 0.2%.
Half Year (Jul-Dec) Tunbridge Wells 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2003 (0.7%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Tunbridge Wells formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Tunbridge Wells 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2003 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.2% 0.1% UK formation share in 2013 0.2% 0.1% 0.2% % change -19.1% 7.2% -14.4% Record Year 2002 (0.7%) 2003 (0.6%) 2003 (1.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.9.
The percentage of directors under the age of 25 was 7.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 46.7.
The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 47.5.
The percentage of directors under the age of 25 was 8.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 29.7%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Tunbridge Wells was 2007 when 34.4% of all directors were female.
31.4% of all director appointments in Tunbridge Wells in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Tunbridge Wells was in 2005 when 34.4% of all directors were female.
29.8% of all director appointments in Tunbridge Wells in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.34% CONSULTING 5.22% MANAGEMENT 1.68% MANAGEMENT 4.58% PROPERTY 1.32% CONSULTANCY 3.57% CONSULTANCY 1.03% PROPERTY 2.66% DEVELOPMENTS 0.95% CONSTRUCTION 2.12% INVESTMENTS 0.95% ENGINEERING 2.10% MEDIA 0.88% CARE 2.02% ROAD 0.88% TRADING 1.94% CONSULTANTS 0.73% LONDON 1.93% DESIGN 0.73% TRANSPORT 1.93% RTM 0.66% DESIGN 1.66% INTERNATIONAL 0.59% CONSULTANTS 1.64% GLOBAL 0.59% ELECTRICAL 1.62% WELLS 0.59% PROPERTIES 1.62% PROPERTIES 0.51% BUSINESS 1.56% ENERGY 0.51% J 1.54% ASSOCIATES 0.51% CO., 1.50% TUNBRIDGE 0.51% GLOBAL 1.49% INTERIORS 0.44% INVESTMENTS 1.48% HOUSE 0.44% ASSOCIATES 1.47% PARTNERSHIP 0.44% DEVELOPMENTS 1.35% MARKETING 0.44% MEDIA 1.33% KENT 0.44% IT 1.31% CONSTRUCTION 0.44% BUILDING 1.29% HEALTH 0.44% M 1.22%
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 410 265,608 70229 - Management consultancy activities other than financial management 126 42,290 99999 - Dormant Company 91 48,509 82990 - Other business support service activities not elsewhere classified 90 58,068 62020 - Information technology consultancy activities 60 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 40 19,049 96090 - Other service activities not elsewhere classified 36 29,009 98000 - Residents property management 34 5,255 41100 - Development of building projects 33 11,397 68209 - Other letting and operating of own or leased real estate 23 11,212 41202 - Construction of domestic buildings 23 7,559 64999 - Financial intermediation not elsewhere classified 19 6,083 70221 - Financial management 18 3,608 74100 - specialised design activities 17 4,841 62012 - Business and domestic software development 17 9,752 56101 - Licensed restaurants 16 8,782 73110 - Advertising agencies 16 4,140 78109 - Other activities of employment placement agencies 15 4,182 71111 - Architectural activities 15 2,830 90030 - Artistic creation 15 4,610
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09333849 FIVE22 LONDON LTD 01 Dec 2014 09336816 BEN LANGSTON WINDOW CLEANING LTD. 02 Dec 2014 09344112 TBG PROPERTY LIMITED 08 Dec 2014 09353620 ALLARD DOUBLE GLAZING LTD 12 Dec 2014 09354058 SLOT SWEDEN LTD 15 Dec 2014 09355311 NJ MANKELOW LIMITED 15 Dec 2014 09358652 THOMAS TUDOR PARTNERS LIMITED 17 Dec 2014 OC397162 CUBED PROJECTS CRANBROOK LLP 17 Dec 2014 09360079 HORIZON-AUTOMATION LTD 18 Dec 2014 09339169 SEPCAT SOLUTIONS LIMITED 03 Dec 2014 09345310 SJH DIGITAL LTD 08 Dec 2014 09356930 DHC CONSULTING LIMITED 16 Dec 2014 09359943 POLYMERIC INVESTMENTS LIMITED 18 Dec 2014 09368043 PLOUGH AT RUSPER LTD 29 Dec 2014 09337299 MRDC SYSTEMS LIMITED 02 Dec 2014 09341345 BRANDT HEATING UK LIMITED 04 Dec 2014 09358758 BEECH HILL CONSULTING LIMITED 17 Dec 2014 09364900 ITALIAN EMPORIUM LIMITED 22 Dec 2014 09365343 LIVID LIGHTING LIMITED 23 Dec 2014 09338529 EPC ADVISORY SERVICES LIMITED 03 Dec 2014 09343054 DEXTER STEVENS KITCHENS & INTERIORS LIMITED 05 Dec 2014 09344552 CODINGTANK LIMITED 08 Dec 2014 09348742 HARVEY WELLS RECRUITMENT LIMITED 10 Dec 2014 09352218 WPMG LTD 12 Dec 2014 09365500 HAZLO STUDIO LTD 23 Dec 2014
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