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
    08831776 BATH BOTANICS LIMITED 06 Jan 2014
    08836275 BOREHAM LIMITED 08 Jan 2014
    08836379 BROOKFIELD PARK MANAGEMENT LIMITED 08 Jan 2014
    08841786 HUSKY APP LIMITED 13 Jan 2014
    08842874 TADWICK ASSOCIATES LTD 13 Jan 2014
    08846054 MADLEY'S FURNITURE LTD 15 Jan 2014
    08850523 POWDER BOWL TRADING LIMITED 17 Jan 2014
    08852986 JK HEALTH LTD 20 Jan 2014
    08855364 TALBOT RICE LTD 22 Jan 2014
    OC390542 HF PARTNERSHIP LLP 22 Jan 2014
    08867025 3D MEDIA FUSION LTD 29 Jan 2014
    08831140 MAYFAIR BATH VENTURES LIMITED 03 Jan 2014
    08831317 KERSFIELD MANAGEMENT SERVICES LIMITED 03 Jan 2014
    08831611 CENTURION REMOVALS LIMITED 03 Jan 2014
    08832224 RESTITUO LIMITED 06 Jan 2014
    08834448 MAYBRICK GARAGES MANAGEMENT COMPANY LIMITED 07 Jan 2014
    08836672 WRITESPEED COMMUNICATIONS LIMITED 08 Jan 2014
    08852635 MIKE EDGE HOLDINGS LIMITED 20 Jan 2014
    08853267 CARAB LIMITED 20 Jan 2014
    08859891 BASEBY LIMITED 24 Jan 2014
    08863572 CORE WORKS CONSULTING LIMITED 27 Jan 2014
    08863910 CHATLEIGH ENERGY LIMITED 28 Jan 2014
    08864845 SKYLINE PROFESSIONAL LETS LIMITED 28 Jan 2014
    08865367 LITTLE STREAM SOFTWARE LIMITED 28 Jan 2014
    08870567 THE BATH COFFEE COMPANY LIMITED 31 Jan 2014