Bath, Somerset
2010 Annual Business Confidence Report
Headlines
- The second half of 2010 saw a new record in company closures in Bath when compared to any previous second half year.
- Q4 2010 saw a new record in company closures in Bath when compared to any previous Q4.
- November 2010 saw a new record in company closures in Bath when compared to any previous November.
- October 2010 saw a new record in company closures in Bath when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 736 companies were formed in Bath in 2010. This total is 14.8% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Bath UK 2010 736 400,358 2009 641 362,675 2008 615 349,203 2007 669 457,649 2006 660 405,440 Record Year 2003 (755) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 358 companies were formed in Bath. This figure is 0.3% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Bath occurred in 2003 when a total of 368 were formed.
Half Year (Jul-Dec) Bath UK 2010 358 196,609 2009 359 180,654 % change -0.3% 8.8% Record Year 2003 (368) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 168 companies were registered in Bath during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 6.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bath UK 2010 168 95,117 2009 180 85,983 % change -6.7% 10.6% Record Year 2009 (180) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 69 54 45 New companies in 2009 63 68 49 % change 9.5% -20.6% -8.2% Record Year 2006 (71) 2009 (68) 2002 (63)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 544 companies were dissolved in Bath in 2010. This total is 19.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Bath UK 2010 544 342,232 2009 676 533,773 2008 312 237,901 2007 378 220,295 2006 356 200,166 Record Year 2009 (676) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company closures in Bath when compared to any previous second half year.
In the second half of 2010 a total of 289 companies were dissolved in Bath. This figure is 3.2% higher than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Bath occurred in 2010 when a total of 289 were closed.
Half Year (Jul-Dec) Bath UK 2010 289 164,601 2009 280 244,537 % change 3.2% -32.7% Record Year 2010 (289) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Bath when compared to any previous Q4.
A total of 136 companies were dissolved in Bath during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 21.4% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bath UK 2010 136 76,896 2009 112 85,136 % change 21.4% -9.7% Record Year 2010 (136) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Bath when compared to any previous November.
October 2010 saw a new record in company closures in Bath when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 57 56 23 Closed companies in 2009 34 36 42 % change 67.6% 55.6% -45% Record Year 2010 (57) 2010 (56) 2009 (42)
Net Company Growth
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Annual Data (2010)
A total of 192 companies were added to the company register for Bath in 2010. This number represents growth of 30.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 227 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Bath company register grew by 506 companies.
Year Bath UK 2010 192 58,126 2009 -35 -171,098 2008 303 111,302 2007 291 237,354 2006 304 205,274 Record Year 2003 (506) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Bath increased by 69 companies.
Half Year (Jul-Dec) Bath UK 2010 69 32,008 2009 79 -63,883 Record Year 2003 (238) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Bath during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 32 companies.
fourth quarter (Oct 2010 - Dec 2010) Bath UK 2010 32 18,221 2009 68 847 Record Year 2003 (119) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 12 -2 22 Net growth in 2009 29 32 7 Record Year 2003 (53) 2002 (38) 2002 (48)
UK Company Share
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Annual Data (2010)
In 2010 Bath formed 0.2% of all UK companies. This is no change on 2009 when Bath was responsible for 0.2% of all UK companies.
Year Bath 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1981 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Bath formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Bath 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1981 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Bath formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Bath 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1981 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -4.1% -29.0% -12.6% Record Year 1975 (0.5%) 1983 (0.5%) 1963 (0.5%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.5.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.4.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.2.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Bath was 1857 when 36.4% of all directors were female.
The percentage of female directors in Bath in 2010 was 26.9%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Bath was 1860 when 42.9% of all directors were female.
26.1% of all director appointments in Bath in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Bath was in 1977 when 31.1% of all directors were female.
27.2% of all director appointments in Bath in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 3.20% CONSULTING 5.06% CONSULTING 2.30% MANAGEMENT 5.01% MANAGEMENT 1.89% CONSULTANCY 3.14% (BATH) 1.31% PROPERTY 2.36% ASSOCIATES 1.15% TRADING 2.11% PROPERTY 0.90% ASSOCIATES 1.95% MEDIA 0.74% DESIGN 1.92% INVESTMENTS 0.74% BUSINESS 1.82% DESIGN 0.66% CONSTRUCTION 1.82% ELECTRICAL 0.66% CONSULTANTS 1.76% CONSULTANTS 0.66% MEDIA 1.71% HOUSE 0.66% ENGINEERING 1.62% WEST 0.66% LONDON 1.60% DEVELOPMENTS 0.49% CARE 1.45% HOLIDAY 0.49% INVESTMENTS 1.44% CONSULTANCY 0.49% GLOBAL 1.43% STREET 0.49% J 1.42% SOUTH 0.49% IT 1.41% PLACE 0.41% PROPERTIES 1.34% LEARNING 0.41% INTERNATIONAL 1.34% CAFE 0.41% BUILDING 1.34% DIGITAL 0.41% M 1.30% ENERGY 0.41% ELECTRICAL 1.25% GLOBAL 0.41% SYSTEMS 1.24% FOR 0.41% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 217 199,572 7487 - Other business activities 73 63,348 70229 - Management consultancy activities other than financial management 48 14,505 7414 - Business & management consultancy 42 13,474 82990 - Other business support service activities not elsewhere classified 39 27,550 9999 - Dormant Company 26 20,144 74909 - Other professional, scientific and technical activities not elsewhere classified 23 7,088 7222 - Other software consultancy and supply 22 7,298 99999 - Dormant Company 22 16,285 98000 - Residents property management 19 3,235 7260 - Other computer related activities 18 8,089 96090 - Other service activities not elsewhere classified 18 8,799 62020 - Information technology consultancy activities 17 9,177 74990 - Non-trading company 17 8,243 9305 - Other service activities 16 8,858 7499 - Non-trading company 14 12,000 70100 - Activities of head offices 13 2,862 62090 - Other information technology service activities 13 6,330 41100 - Development of building projects 12 3,765 9234 - Other entertainment activities 12 1,599
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07422804 EDWARDS CORPORATION HOLDINGS LIMITED 28 Oct 2010 07417605 CHAMBERS AND JAMIESON ASSOCIATES LIMITED 25 Oct 2010 07417379 THINGS FOR EVER LTD 25 Oct 2010 07417098 VIZWHO LIMITED 25 Oct 2010 07415507 WOLFORD ENTERTAINMENT LIMITED 21 Oct 2010 07413381 SOFTTRONICS LTD 20 Oct 2010 07407005 A LA CARTE CATERING LIMITED 14 Oct 2010 07402555 CWD ENTERPRISES LIMITED 11 Oct 2010 07401051 RIGHTRAK LIMITED 08 Oct 2010 07423570 MEDIA DIGITAL CONSULTANTS LIMITED 29 Oct 2010 07420786 OOD LTD 27 Oct 2010 07420667 NATTER LIMITED 27 Oct 2010 07419711 LASTWORD PUBLISHING LIMITED 26 Oct 2010 07417647 DYNA PIPE LTD 25 Oct 2010 07414346 SESCON LIMITED 21 Oct 2010 07412618 PRAGMATIC IT CONSULTANCY LIMITED 19 Oct 2010 07410565 COG INVESTMENTS LTD 18 Oct 2010 07403272 FRASER KING & ASSOCIATES LIMITED 11 Oct 2010 07401719 LAUGHING BEAR LIMITED 08 Oct 2010 07396497 PARANORMAL MUSIC LTD 05 Oct 2010 07395369 MDES CONSULTING LIMITED 04 Oct 2010 07394716 VECTIS (UK) LTD 01 Oct 2010 OC358581 WHITE PENNANT LLP 11 Oct 2010 07398891 ICEFORD TRADING LTD 06 Oct 2010 07393780 SHOOT DHS LIMITED 01 Oct 2010
reports
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