The decrease in company closures suggests trading conditions have begun to improve, which bodes well for the year ahead
Hythe, Kent (PRWEB UK) 1 February 2013
Figures in the latest Duport Business Confidence Report for Hythe show a rise in net company growth during the third quarter of last year.
During this period, the company register increased by 16, compared to minus 9 Q3 of 2011. This increase suggests business confidence in the town may be rising after a period of uncertainty.
The report also shows that the percentage of young director appointments rose during the third quarter, while female director appointments fell from 32% to 17%.
Managing Director of Duport.co.uk, Peter Valaitis said:
“The rise in net company growth in Hythe is a positive sign for the local economy.”
“The decrease in company closures suggests trading conditions have begun to improve, which bodes well for the year ahead.”
The Duport Business Confidence Report for Hythe uses economic data to provide an insight into the local business landscape. More information and statistics can be found at http://www.duport.co.uk/hythe.
Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.