Rochester breaks record for net company growth

Net company growth climbed to a record level during the third quarter of 2012 in Rochester, according to data in the latest Duport Business Confidence Report.

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The record level of net company growth in Rochester suggests the town is gathering momentum as the country moves out of recession

Rochester, Kent (PRWEB UK) 17 January 2013

Figures released by company formation agents, Duport.co.uk show that net company growth in Rochester reached record levels between July and September last year.

During this period, the company register increased by 62, compared to 52 during the same period in 2011. The Duport report also shows that net company growth dipped sharply in Q3 2009, but has been growing ever since. It is now higher than any other Q3 on record for the town.

The Medway area is currently undergoing a period of regeneration, with work underway on the Rochester Riverside development, as well as several other projects in the surrounding areas. It has also recently been announced that £26 million will be invested in rebuilding Rochester station to cope with a predicted 30% rise in passenger numbers by 2022.

Managing Director of Duport.co.uk, Peter Valaitis said:

“The record level of net company growth in Rochester suggests the town is gathering momentum as the country moves out of recession.”

“The new companies that are springing up shows that entrepreneurial spirit is alive and well, which is a good sign for the year ahead.”

The Duport Business Confidence Report for Rochester provides data and statistics that give an insight into the local economy. More information can be found at http://www.duport.co.uk/rochester.

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.


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