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Bath, Somerset

Q1 2011 Business Confidence Report

Headlines

  • January 2011 saw a new record in company registrations in Bath when compared to any previous January.
  • February 2011 saw a new record in company closures in Bath when compared to any previous February.
  • January 2011 saw a new record in company closures in Bath when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 203 companies were registered in Bath during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 3.8% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)BathUK
    2011203116,391
    2010211105,137
    % change-3.8%10.7%
    Record Year 2010 (211) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company registrations in Bath when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011717161
    New companies in 2010518080
    % change39.2%-11.3%-23.8%
    Record Year2011 (71)2010 (80)2006 (87)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 140 companies were dissolved in Bath during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 47.4% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)BathUK
    201114090,986
    20109582,677
    % change47.4%10.0%
    Record Year 2009 (145) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Bath when compared to any previous February.

    January 2011 saw a new record in company closures in Bath when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011545036
    Closed companies in 2010182552
    % change200.0%100.0%-31%
    Record Year2011 (54)2011 (50)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Bath during the first quarter of 2011 (Jan 2011 - Mar 2011) was 63 companies.

    first quarter (Jan 2011 - Mar 2011)BathUK
    20116325,405
    201011622,460
    Record Year 2003 (134) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011172125
    Net growth in 2010335528
    Record Year2004 (45)2010 (55)2008 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Bath formed 0.2% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Bath
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    Record Year (since 1960) 1981 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.2%0.1%
    UK formation share in 20100.2%0.2%0.2%
    % change20.1%-22.0%-27.3%
    Record Year1973 (0.5%)1970 (0.7%)1981 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 47.3.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Bath was in 1861 when 40.0% of all directors were female.

    27.8% of all director appointments in Bath in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    BATH2.30%CONSULTING5.04%
    CONSULTING2.14%MANAGEMENT4.97%
    MANAGEMENT1.89%CONSULTANCY3.16%
    (BATH)1.15%PROPERTY2.38%
    PROPERTY0.99%TRADING2.10%
    CONSULTANCY0.82%DESIGN1.93%
    DESIGN0.74%ASSOCIATES1.92%
    ASSOCIATES0.74%BUSINESS1.87%
    DEVELOPMENTS0.74%CONSTRUCTION1.80%
    WEST0.58%CONSULTANTS1.76%
    HOLIDAY0.58%MEDIA1.69%
    SECURITY0.49%ENGINEERING1.61%
    CAFE0.49%LONDON1.60%
    MUSIC0.49%CARE1.45%
    DIGITAL0.49%J1.45%
    INVESTMENTS0.49%GLOBAL1.44%
    CONSTRUCTION0.49%INVESTMENTS1.43%
    MARKETING0.49%IT1.41%
    ENERGY0.49%PROPERTIES1.36%
    FOR0.49%BUILDING1.34%
    CONSULTANTS0.49%M1.30%
    BUSINESS0.49%ELECTRICAL1.28%
    IT0.41%S1.24%
    ELECTRICAL0.41%INTERNATIONAL1.23%
    COMMUNICATIONS0.41%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied238202,798
    7487 - Other business activities6960,968
    70229 - Management consultancy activities other than financial management4716,150
    82990 - Other business support service activities not elsewhere classified4730,253
    7414 - Business & management consultancy4012,916
    9999 - Dormant Company2919,765
    74909 - Other professional, scientific and technical activities not elsewhere classified287,788
    99999 - Dormant Company2818,336
    96090 - Other service activities not elsewhere classified2410,085
    7222 - Other software consultancy and supply227,000
    74990 - Non-trading company228,695
    98000 - Residents property management203,154
    62090 - Other information technology service activities196,996
    62020 - Information technology consultancy activities1910,246
    7260 - Other computer related activities187,789
    9305 - Other service activities168,740
    70100 - Activities of head offices142,849
    7499 - Non-trading company1311,316
    41100 - Development of building projects123,921
    5530 - Restaurants124,898

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07582752 ONE TRIBE TV LIMITED 29 Mar 2011
    07577433 YOUR OWN PLAN B LIMITED 24 Mar 2011
    07573164 KNOCKTON AND CO LIMITED 22 Mar 2011
    07572940 SOUNDM LTD 22 Mar 2011
    07572714 CHINA FENG LTD 22 Mar 2011
    07570743 FREDERSDORFF CONSULTING LTD 21 Mar 2011
    07569477 PROZOFIN LTD 18 Mar 2011
    07562672 CROSSDRUM LIMITED 14 Mar 2011
    07562112 EVERYTHING IT LTD 14 Mar 2011
    07556510 STEP ONE FITNESS LTD 08 Mar 2011
    07585003 SIRONA CARE & HEALTH C.I.C. 30 Mar 2011
    07584027 ENDANGERED MADAGASCAR FOUNDATION 30 Mar 2011
    07582859 F1F9 UK LTD 29 Mar 2011
    07581605 INDRECON LTD 29 Mar 2011
    07581573 REDWOOD SURVEYING AND CONSULTANCY LIMITED 29 Mar 2011
    07576879 WESTLTD LTD 24 Mar 2011
    07575028 MOONBRIGHT INNOVATIONS LIMITED 23 Mar 2011
    07572334 WESTWORKS PROCUREMENT LIMITED 21 Mar 2011
    07570580 M E STROUD LIMITED 18 Mar 2011
    07566222 TOTTERIDGE FARM LIMITED 16 Mar 2011
    07558316 ROSE YOUNG LIMITED 09 Mar 2011
    07550647 SCREWPAK LIMITED 03 Mar 2011
    07547095 LEDGER CARE LTD. 01 Mar 2011
    07546784 EIGHT DEVONSHIRE BUILDINGS LTD 01 Mar 2011
    OC362565 ALGARVE GOLF LLP 09 Mar 2011