Overview
Dartford, a vibrant economic hub, showcases a diverse range of business activities. With 75,429 employees, the city’s employment landscape is dynamic, highlighted by 25 businesses reporting growth in employment. Key sectors such as Construction, Professional Services, and Retail Trade drive the economic momentum. Notably, the city has seen a significant number of new companies emerging in the last two years, indicating a fertile ground for entrepreneurship and business expansion.
Employment and Business Growth
- Total Employees: 75,429. The city has a robust workforce, with notable growth in employment figures. The presence of a substantial number of employees underscores the city’s ability to attract and retain talent.
- Employee Growth: 25 companies reported increases in employee numbers, signaling an expanding job market and positive business growth.
- Sectors with Most Companies: Construction (16.05%), Professional Services (13.5%), and Retail Trade (12.27%). These sectors are the pillars of Dartford’s economy, providing significant employment opportunities.
- Sectors with Rising Companies: Notable sectors with new companies include Internet platforms and Food and Drink Processors, each with 2 new entities. This diversification reflects the city’s evolving economic landscape.
Business Continuity
- Company Cessations: Dartford has a resilient business environment, evidenced by the low number of company cessations. This stability is crucial for long-term economic health.
- New Companies in Last 2 Years: 3,069. This impressive number of new enterprises reflects a dynamic and entrepreneurial business environment, contributing to economic diversification and innovation.
- Total Number of Companies: 11,076, indicating a healthy and diverse business ecosystem.
Conclusion
Dartford’s economic landscape is marked by a strong and diverse workforce, growth in key sectors, and a surge in entrepreneurial activity. The city’s ability to attract new businesses, coupled with the resilience of existing ones, positions it well for continued economic prosperity.