Bath, Somerset

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Bath when compared to any previous Q1.
  • March 2014 saw a new record in company registrations in Bath when compared to any previous March.
  • January 2014 saw a new record in company registrations 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 2014)

    Q1 2014 saw a new record in company registrations in Bath when compared to any previous Q1.

    A total of 243 companies were registered in Bath during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)BathUK
    2014243150,722
    2013229134,802
    % change6.1%11.8%
    Record Year 2014 (243) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Bath when compared to any previous March.

    January 2014 saw a new record in company registrations in Bath when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014787095
    New companies in 2013748075
    % change5.4%-12.5%26.7%
    Record Year2014 (78)2010 (80)2014 (95)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 122 companies were dissolved in Bath during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 5.4% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)BathUK
    201412282,370
    201312977,914
    % change-5.4%5.7%
    Record Year 2009 (145) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014533732
    Closed companies in 2013633828
    % change-15.9%-2.6%14%
    Record Year2013 (63)2011 (50)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Bath during the first quarter of 2014 (Jan 2014 - Mar 2014) was 121 companies.

    first quarter (Jan 2014 - Mar 2014)BathUK
    201412168,352
    201310056,888
    Record Year 2012 (127) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014253363
    Net growth in 2013114247
    Record Year2004 (45)2010 (55)2008 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Bath formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Bath
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-1.4%-19.2%5.7%
    Record Year1960 (0.4%)1991 (0.5%)1989 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 47.1.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Bath was in 2013 when 40.6% of all directors were female.

    35.1% of all director appointments in Bath in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    BATH3.44%CONSULTING5.22%
    CONSULTING2.09%MANAGEMENT4.67%
    MANAGEMENT1.62%CONSULTANCY3.49%
    (BATH)1.28%PROPERTY2.64%
    CONSULTANCY1.21%TRADING2.05%
    DEVELOPMENTS1.01%LONDON1.88%
    MEDIA0.88%ENGINEERING1.86%
    PROPERTY0.67%CARE1.79%
    ASSOCIATES0.61%CONSTRUCTION1.75%
    TRADING0.61%DESIGN1.75%
    BUSINESS0.61%CONSULTANTS1.73%
    POWER0.54%BUSINESS1.71%
    INVESTMENTS0.54%PROPERTIES1.60%
    J0.54%INVESTMENTS1.60%
    HOUSE0.54%GLOBAL1.58%
    PUBLISHING0.47%J1.48%
    ENERGY0.47%ASSOCIATES1.48%
    CONSTRUCTION0.47%MEDIA1.48%
    SPORTS0.47%IT1.33%
    PROJECT0.47%TRANSPORT1.30%
    DESIGN0.47%DEVELOPMENTS1.29%
    DIGITAL0.47%BUILDING1.24%
    WEST0.40%M1.21%
    ELECTRICAL0.40%CAPITAL1.20%
    MEDICAL0.40%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied325280,210
    70229 - Management consultancy activities other than financial management12037,882
    99999 - Dormant Company6147,084
    82990 - Other business support service activities not elsewhere classified5556,411
    62020 - Information technology consultancy activities4927,750
    62012 - Business and domestic software development369,509
    96090 - Other service activities not elsewhere classified3526,700
    74909 - Other professional, scientific and technical activities not elsewhere classified3518,491
    62090 - Other information technology service activities2512,813
    47910 - Retail sale via mail order houses or via Internet229,358
    41100 - Development of building projects219,855
    74990 - Non-trading company2114,135
    86900 - Other human health activities1910,273
    58190 - Other publishing activities192,560
    69201 - Accounting and auditing activities187,313
    85590 - Other education not elsewhere classified175,876
    68209 - Other letting and operating of own or leased real estate179,284
    86220 - Specialists medical practice activities163,680
    56302 - Public houses and bars165,732
    90030 - Artistic creation164,340

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08873795 ALMOND ELECTRICS LIMITED 03 Feb 2014
    08875361 S SMITH PLANT LIMITED 04 Feb 2014
    08877243 BYBROOK CONSULTING LIMITED 05 Feb 2014
    08878730 FERRINGTON MANOR MARKETING LIMITED 06 Feb 2014
    08881959 THE BATH BRIDGE CIC 07 Feb 2014
    08882169 BRUNEL EVENTS LIMITED 07 Feb 2014
    08883032 COMPLETE STUDENTS LTD 10 Feb 2014
    08894118 CUMBRIC LIMITED 13 Feb 2014
    08895699 ESPORTSIFY LTD 14 Feb 2014
    08900189 CAFE LUCCA LIMITED 18 Feb 2014
    08902310 RUBRIC LONDON LIMITED 19 Feb 2014
    08902785 CASHBACK RECYCLING LIMITED 19 Feb 2014
    08904283 AQUEYE LIMITED 20 Feb 2014
    08904298 IN THE MIX INTRODUCTIONS LIMITED 20 Feb 2014
    08907439 ANTIQUES YOUNG GUNS LIMITED 24 Feb 2014
    08875180 C BOURQUIN SERVICES LIMITED 04 Feb 2014
    08876570 CRESCENT RENOVATIONS LIMITED 05 Feb 2014
    08878575 ANDY'S ELECTRICAL (SW) LIMITED 06 Feb 2014
    08879164 GEORGE & GEORGE PROPERTIES LTD 06 Feb 2014
    08881182 PIXEL DIAGNOSTICS LIMITED 07 Feb 2014
    08892253 J & M DEVELOPMENTS (SW) LIMITED 12 Feb 2014
    08898009 CAUSE PUBLISHING LIMITED 17 Feb 2014
    08909443 UROSCOPE LIMITED 25 Feb 2014
    08911516 DURLEY FARM LIMITED 25 Feb 2014
    08914400 THE APP LOOM LIMITED 27 Feb 2014