Tunbridge Wells, Kent

2014 Annual Business Confidence Report

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 (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.

    YearTunbridge WellsUK
    2014844582,051
    2013905529,363
    2012871491,893
    2011947452,870
    2010833400,358
    Record Year2007 (1,096)2014 (582,051)
    New Companies by Year
  2. 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 WellsUK
    2014375281,320
    2013446259,931
    % change-15.9%8.2%
    Record Year2003 (1,473)2014 (281,320)
    New Companies by Half Year
  3. 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 WellsUK
    2014197137,906
    2013201127,247
    % change-2.0%8.4%
    Record Year 2011 (211) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014687059
    New companies in 2013806259
    % change-15.0%12.9%0.0%
    Record Year2002 (234)2003 (190)2003 (322)

Closed Companies (dissolved)

  1. 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.

    YearTunbridge WellsUK
    2014652367,937
    2013598332,213
    2012489293,729
    2011548314,524
    2010623342,233
    Record Year2005 (1,953)2009 (533,789)
    Dissolved Companies by Year
  2. 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 WellsUK
    2014355190,730
    2013321177,021
    % change10.6%7.7%
    Record Year2005 (749)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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 WellsUK
    201414889,060
    201316590,851
    % change-10.3%-2.0%
    Record Year 2009 (193) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014484456
    Closed companies in 2013654753
    % change-26.2%-6.4%6%
    Record Year2010 (77)2010 (65)2008 (86)

Net Company Growth

  1. 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.

    YearTunbridge WellsUK
    2014192214,114
    2013307197,150
    2012382198,164
    2011399138,346
    201021058,125
    Record Year2007 (700)2007 (237,353)
    Net Growth by Year
  2. 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 WellsUK
    20142090,590
    201312582,910
    Record Year2003 (1,302)2003 (117,772)
    Net Growth by Half Year
  3. 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 WellsUK
    20144948,846
    20133636,396
    Record Year 2011 (78) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201420263
    Net growth in 201315156
    Record Year2002 (192)2003 (165)2003 (300)

UK Company Share

  1. 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.

    YearTunbridge Wells
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)2000 (0.5%)
    Company Share by Year
  2. 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
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2003 (0.7%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2003 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.2%0.1%0.2%
    % change-19.1%7.2%-14.4%
    Record Year2002 (0.7%)2003 (0.6%)2003 (1.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.34%CONSULTING5.22%
    MANAGEMENT1.68%MANAGEMENT4.58%
    PROPERTY1.32%CONSULTANCY3.57%
    CONSULTANCY1.03%PROPERTY2.66%
    DEVELOPMENTS0.95%CONSTRUCTION2.12%
    INVESTMENTS0.95%ENGINEERING2.10%
    MEDIA0.88%CARE2.02%
    ROAD0.88%TRADING1.94%
    CONSULTANTS0.73%LONDON1.93%
    DESIGN0.73%TRANSPORT1.93%
    RTM0.66%DESIGN1.66%
    INTERNATIONAL0.59%CONSULTANTS1.64%
    GLOBAL0.59%ELECTRICAL1.62%
    WELLS0.59%PROPERTIES1.62%
    PROPERTIES0.51%BUSINESS1.56%
    ENERGY0.51%J1.54%
    ASSOCIATES0.51%CO.,1.50%
    TUNBRIDGE0.51%GLOBAL1.49%
    INTERIORS0.44%INVESTMENTS1.48%
    HOUSE0.44%ASSOCIATES1.47%
    PARTNERSHIP0.44%DEVELOPMENTS1.35%
    MARKETING0.44%MEDIA1.33%
    KENT0.44%IT1.31%
    CONSTRUCTION0.44%BUILDING1.29%
    HEALTH0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied410265,608
    70229 - Management consultancy activities other than financial management12642,290
    99999 - Dormant Company9148,509
    82990 - Other business support service activities not elsewhere classified9058,068
    62020 - Information technology consultancy activities6030,178
    74909 - Other professional, scientific and technical activities not elsewhere classified4019,049
    96090 - Other service activities not elsewhere classified3629,009
    98000 - Residents property management345,255
    41100 - Development of building projects3311,397
    68209 - Other letting and operating of own or leased real estate2311,212
    41202 - Construction of domestic buildings237,559
    64999 - Financial intermediation not elsewhere classified196,083
    70221 - Financial management183,608
    74100 - specialised design activities174,841
    62012 - Business and domestic software development179,752
    56101 - Licensed restaurants168,782
    73110 - Advertising agencies164,140
    78109 - Other activities of employment placement agencies154,182
    71111 - Architectural activities152,830
    90030 - Artistic creation154,610

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293806 TN RECRUITS LIMITED 04 Nov 2014
    09295604 INTERNAL EVOLUTION LTD 04 Nov 2014
    09295950 DERIVATI CONSULTING LIMITED 05 Nov 2014
    09296006 LJG INVESTMENTS LIMITED 05 Nov 2014
    OC396444 PRAEDIUM INVESTMENTS LLP 13 Nov 2014
    09312352 UK GENERAL ELECTRIC COMPANY LIMITED 14 Nov 2014
    09316743 FRISTONMTB LTD 18 Nov 2014
    09316863 MONTACUTE INVESTMENTS LIMITED 18 Nov 2014
    09320033 GREEVES DESIGN LIMITED 20 Nov 2014
    09323597 SPRAY DECOR (UK) LTD 24 Nov 2014
    09327724 NEWLANDS SEAFORD LIMITED 26 Nov 2014
    09293623 GOWHAM PROPERTIES LIMITED 04 Nov 2014
    09319751 HJRL LTD 20 Nov 2014
    09321207 FRESH & JUICY LIMITED 20 Nov 2014
    09329976 INTEGRALE SOFTWARE LIMITED 27 Nov 2014
    09330415 IC&R CONSULTING LTD 27 Nov 2014
    09295977 BISHOP ESTATES LIMITED 05 Nov 2014
    09313962 PURPLE COMPASS LIMITED 17 Nov 2014
    09291553 LUPAIA CONSULTING LIMITED 03 Nov 2014
    09295122 ADIUVO CONSTRUCTION LTD 04 Nov 2014
    09295641 PETER OAKFORD CONSULTING LIMITED 04 Nov 2014
    09299765 CRANE SOFTWARE LIMITED 06 Nov 2014
    09305407 HOLLA CREATIVE LIMITED 11 Nov 2014
    09306824 LES PUCES LTD 12 Nov 2014
    09320555 DJ LACON PLUMBING & HEATING LIMITED 20 Nov 2014