Business Services in Margate

Margate Company Scorecard

Out of Margate's 6,501 total incorporated companies, 608 were formed in the last 12 months.

Margate's Business Profile

The most common business sectors in Margate include the 454 companies working in construction, 439 companies working in wholesale and retail trade including repair of motor vehicles, and 416 companies working in professional, scientific and technical activities. The business sectors with the least activity include water supply, sewerage, waste management and remediation activities with 8 active companies, electricity, gas, steam and air conditioning supply with 8 active companies, and activities of extraterritorial organisations and bodies with 2 active companies.

Company Trends in Margate

Looking at the big changes in Margate's businesses over the last five years, the biggest increase was in web portals now making up 3.2% of active businesses, a total of 111 companies. The next big increase was other letting and operating of own or leased real estate which now makes up 6.48% of active businesses in Margate, a change of 68% from the 3.85% percentage share seen in 2018. Buying and selling of own real estate also saw positive growth, currently representing 4.06% of Margate's active companies.

Notable changes in Margate's business sectors include a rise of 43% in real estate activities since 2018, a rise of 21% in wholesale and retail trade including repair of motor vehicles, and rise of 16% in accommodation and food service activities.