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

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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.

    YearBathUK
    2010736400,358
    2009641362,675
    2008615349,203
    2007669457,649
    2006660405,440
    Record Year2003 (755)2007 (457,649)
    New Companies by Year
  2. 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)BathUK
    2010358196,609
    2009359180,654
    % change-0.3%8.8%
    Record Year2003 (368)2003 (201,446)
    New Companies by Half Year
  3. 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)BathUK
    201016895,117
    200918085,983
    % change-6.7%10.6%
    Record Year 2009 (180) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010695445
    New companies in 2009636849
    % change9.5%-20.6%-8.2%
    Record Year2006 (71)2009 (68)2002 (63)

Closed Companies (dissolved)

  1. 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.

    YearBathUK
    2010544342,232
    2009676533,773
    2008312237,901
    2007378220,295
    2006356200,166
    Record Year2009 (676)2009 (533,773)
    Dissolved Companies by Year
  2. 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)BathUK
    2010289164,601
    2009280244,537
    % change3.2%-32.7%
    Record Year2010 (289)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)BathUK
    201013676,896
    200911285,136
    % change21.4%-9.7%
    Record Year 2010 (136) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010575623
    Closed companies in 2009343642
    % change67.6%55.6%-45%
    Record Year2010 (57)2010 (56)2009 (42)

Net Company Growth

  1. 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.

    YearBathUK
    201019258,126
    2009-35-171,098
    2008303111,302
    2007291237,354
    2006304205,274
    Record Year2003 (506)2003 (242,543)
    Net Growth by Year
  2. 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)BathUK
    20106932,008
    200979-63,883
    Record Year2003 (238)2003 (117,772)
    Net Growth by Half Year
  3. 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)BathUK
    20103218,221
    200968847
    Record Year 2003 (119) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201012-222
    Net growth in 200929327
    Record Year2003 (53)2002 (38)2002 (48)

UK Company Share

  1. 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.

    YearBath
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.2%
    Record Year (since 1960)1981 (0.5%)
    Company Share by Year
  2. 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
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1981 (0.4%)
    Company Share by Half Year
  3. 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
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.2%
    Record Year (since 1960) 1981 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-4.1%-29.0%-12.6%
    Record Year1975 (0.5%)1983 (0.5%)1963 (0.5%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    BATH3.20%CONSULTING5.06%
    CONSULTING2.30%MANAGEMENT5.01%
    MANAGEMENT1.89%CONSULTANCY3.14%
    (BATH)1.31%PROPERTY2.36%
    ASSOCIATES1.15%TRADING2.11%
    PROPERTY0.90%ASSOCIATES1.95%
    MEDIA0.74%DESIGN1.92%
    INVESTMENTS0.74%BUSINESS1.82%
    DESIGN0.66%CONSTRUCTION1.82%
    ELECTRICAL0.66%CONSULTANTS1.76%
    CONSULTANTS0.66%MEDIA1.71%
    HOUSE0.66%ENGINEERING1.62%
    WEST0.66%LONDON1.60%
    DEVELOPMENTS0.49%CARE1.45%
    HOLIDAY0.49%INVESTMENTS1.44%
    CONSULTANCY0.49%GLOBAL1.43%
    STREET0.49%J1.42%
    SOUTH0.49%IT1.41%
    PLACE0.41%PROPERTIES1.34%
    LEARNING0.41%INTERNATIONAL1.34%
    CAFE0.41%BUILDING1.34%
    DIGITAL0.41%M1.30%
    ENERGY0.41%ELECTRICAL1.25%
    GLOBAL0.41%SYSTEMS1.24%
    FOR0.41%S1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied217199,572
    7487 - Other business activities7363,348
    70229 - Management consultancy activities other than financial management4814,505
    7414 - Business & management consultancy4213,474
    82990 - Other business support service activities not elsewhere classified3927,550
    9999 - Dormant Company2620,144
    74909 - Other professional, scientific and technical activities not elsewhere classified237,088
    7222 - Other software consultancy and supply227,298
    99999 - Dormant Company2216,285
    98000 - Residents property management193,235
    7260 - Other computer related activities188,089
    96090 - Other service activities not elsewhere classified188,799
    62020 - Information technology consultancy activities179,177
    74990 - Non-trading company178,243
    9305 - Other service activities168,858
    7499 - Non-trading company1412,000
    70100 - Activities of head offices132,862
    62090 - Other information technology service activities136,330
    41100 - Development of building projects123,765
    9234 - Other entertainment activities121,599

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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