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
New Company Registrations
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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) Bath UK 2014 243 150,722 2013 229 134,802 % change 6.1% 11.8% Record Year 2014 (243) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 78 70 95 New companies in 2013 74 80 75 % change 5.4% -12.5% 26.7% Record Year 2014 (78) 2010 (80) 2014 (95)
Closed Companies (dissolved)
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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) Bath UK 2014 122 82,370 2013 129 77,914 % change -5.4% 5.7% Record Year 2009 (145) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 53 37 32 Closed companies in 2013 63 38 28 % change -15.9% -2.6% 14% Record Year 2013 (63) 2011 (50) 2009 (79)
Net Company Growth
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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) Bath UK 2014 121 68,352 2013 100 56,888 Record Year 2012 (127) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 25 33 63 Net growth in 2013 11 42 47 Record Year 2004 (45) 2010 (55) 2008 (67)
UK Company Share
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -1.4% -19.2% 5.7% Record Year 1960 (0.4%) 1991 (0.5%) 1989 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 3.44% CONSULTING 5.22% CONSULTING 2.09% MANAGEMENT 4.67% MANAGEMENT 1.62% CONSULTANCY 3.49% (BATH) 1.28% PROPERTY 2.64% CONSULTANCY 1.21% TRADING 2.05% DEVELOPMENTS 1.01% LONDON 1.88% MEDIA 0.88% ENGINEERING 1.86% PROPERTY 0.67% CARE 1.79% ASSOCIATES 0.61% CONSTRUCTION 1.75% TRADING 0.61% DESIGN 1.75% BUSINESS 0.61% CONSULTANTS 1.73% POWER 0.54% BUSINESS 1.71% INVESTMENTS 0.54% PROPERTIES 1.60% J 0.54% INVESTMENTS 1.60% HOUSE 0.54% GLOBAL 1.58% PUBLISHING 0.47% J 1.48% ENERGY 0.47% ASSOCIATES 1.48% CONSTRUCTION 0.47% MEDIA 1.48% SPORTS 0.47% IT 1.33% PROJECT 0.47% TRANSPORT 1.30% DESIGN 0.47% DEVELOPMENTS 1.29% DIGITAL 0.47% BUILDING 1.24% WEST 0.40% M 1.21% ELECTRICAL 0.40% CAPITAL 1.20% MEDICAL 0.40% ELECTRICAL 1.19%
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 325 280,210 70229 - Management consultancy activities other than financial management 120 37,882 99999 - Dormant Company 61 47,084 82990 - Other business support service activities not elsewhere classified 55 56,411 62020 - Information technology consultancy activities 49 27,750 62012 - Business and domestic software development 36 9,509 96090 - Other service activities not elsewhere classified 35 26,700 74909 - Other professional, scientific and technical activities not elsewhere classified 35 18,491 62090 - Other information technology service activities 25 12,813 47910 - Retail sale via mail order houses or via Internet 22 9,358 41100 - Development of building projects 21 9,855 74990 - Non-trading company 21 14,135 86900 - Other human health activities 19 10,273 58190 - Other publishing activities 19 2,560 69201 - Accounting and auditing activities 18 7,313 85590 - Other education not elsewhere classified 17 5,876 68209 - Other letting and operating of own or leased real estate 17 9,284 86220 - Specialists medical practice activities 16 3,680 56302 - Public houses and bars 16 5,732 90030 - Artistic creation 16 4,340
Recent Companies
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Randomly selected companies from this quarter
reports
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