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
New Company Registrations
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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) Bath UK 2011 203 116,391 2010 211 105,137 % change -3.8% 10.7% Record Year 2010 (211) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2011 71 71 61 New companies in 2010 51 80 80 % change 39.2% -11.3% -23.8% Record Year 2011 (71) 2010 (80) 2006 (87)
Closed Companies (dissolved)
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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) Bath UK 2011 140 90,986 2010 95 82,677 % change 47.4% 10.0% Record Year 2009 (145) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 54 50 36 Closed companies in 2010 18 25 52 % change 200.0% 100.0% -31% Record Year 2011 (54) 2011 (50) 2009 (79)
Net Company Growth
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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) Bath UK 2011 63 25,405 2010 116 22,460 Record Year 2003 (134) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 17 21 25 Net growth in 2010 33 55 28 Record Year 2004 (45) 2010 (55) 2008 (67)
UK Company Share
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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 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% Record Year (since 1960) 1981 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.2% 0.1% UK formation share in 2010 0.2% 0.2% 0.2% % change 20.1% -22.0% -27.3% Record Year 1973 (0.5%) 1970 (0.7%) 1981 (0.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 2.30% CONSULTING 5.04% CONSULTING 2.14% MANAGEMENT 4.97% MANAGEMENT 1.89% CONSULTANCY 3.16% (BATH) 1.15% PROPERTY 2.38% PROPERTY 0.99% TRADING 2.10% CONSULTANCY 0.82% DESIGN 1.93% DESIGN 0.74% ASSOCIATES 1.92% ASSOCIATES 0.74% BUSINESS 1.87% DEVELOPMENTS 0.74% CONSTRUCTION 1.80% WEST 0.58% CONSULTANTS 1.76% HOLIDAY 0.58% MEDIA 1.69% SECURITY 0.49% ENGINEERING 1.61% CAFE 0.49% LONDON 1.60% MUSIC 0.49% CARE 1.45% DIGITAL 0.49% J 1.45% INVESTMENTS 0.49% GLOBAL 1.44% CONSTRUCTION 0.49% INVESTMENTS 1.43% MARKETING 0.49% IT 1.41% ENERGY 0.49% PROPERTIES 1.36% FOR 0.49% BUILDING 1.34% CONSULTANTS 0.49% M 1.30% BUSINESS 0.49% ELECTRICAL 1.28% IT 0.41% S 1.24% ELECTRICAL 0.41% INTERNATIONAL 1.23% COMMUNICATIONS 0.41% SYSTEMS 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 238 202,798 7487 - Other business activities 69 60,968 70229 - Management consultancy activities other than financial management 47 16,150 82990 - Other business support service activities not elsewhere classified 47 30,253 7414 - Business & management consultancy 40 12,916 9999 - Dormant Company 29 19,765 74909 - Other professional, scientific and technical activities not elsewhere classified 28 7,788 99999 - Dormant Company 28 18,336 96090 - Other service activities not elsewhere classified 24 10,085 7222 - Other software consultancy and supply 22 7,000 74990 - Non-trading company 22 8,695 98000 - Residents property management 20 3,154 62090 - Other information technology service activities 19 6,996 62020 - Information technology consultancy activities 19 10,246 7260 - Other computer related activities 18 7,789 9305 - Other service activities 16 8,740 70100 - Activities of head offices 14 2,849 7499 - Non-trading company 13 11,316 41100 - Development of building projects 12 3,921 5530 - Restaurants 12 4,898
Recent Companies
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Randomly selected companies from this quarter
reports
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