Bath, Somerset

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Bath when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Bath when compared to any half year in history.
  • June 2014 saw a new record in company registrations in Bath when compared to any previous June.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Bath when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Bath when compared to any half year in history.

    In the first half of 2014 a total of 483 companies were formed in Bath. This figure is 1.0% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Bath occurred in 2014 when a total of 483 were formed.

    Half Year (Jan-Jun)BathUK
    2014483300,731
    2013478269,432
    % change1.0%11.6%
    Record Year2014 (483)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 240 companies were registered in Bath during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 3.6% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BathUK
    2014240150,009
    2013249134,630
    % change-3.6%11.4%
    Record Year 2013 (249) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    New Companies by Month
    AprilMayJune
    New companies in 2014658095
    New companies in 20138110365
    % change-19.8%-22.3%46.2%
    Record Year2013 (81)2013 (103)2014 (95)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 273 companies were dissolved in Bath. This figure is 17.7% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Bath occurred in 2009 when a total of 396 were closed.

    Half Year (Jan-Jun)BathUK
    2014273177,207
    2013232155,192
    % change17.7%14.2%
    Record Year2009 (396)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 151 companies were dissolved in Bath during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 46.6% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BathUK
    201415194,837
    201310377,278
    % change46.6%22.7%
    Record Year 2009 (251) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014337345
    Closed companies in 2013332743
    % change0.0%170.4%5%
    Record Year2009 (58)2009 (125)2009 (68)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Bath increased by 210 companies.

    Half Year (Jan-Jun)BathUK
    2014210123,524
    2013246114,240
    Record Year2003 (268)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Bath during the second quarter of 2014 (Apr 2014 - Jun 2014) was 89 companies.

    second quarter (Apr 2014 - Jun 2014)BathUK
    20148955,172
    201314657,352
    Record Year 2013 (146) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201432750
    Net growth in 2013487622
    Record Year2007 (55)2013 (76)2008 (50)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Bath formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Bath
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Bath
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-27.6%-28.3%26.6%
    Record Year1993 (0.3%)1989 (0.4%)1991 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.7.

    The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 46.2.

    The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Bath was 2005 when 34.9% of all directors were female.

    33.1% of all director appointments in Bath in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Bath was in 2005 when 35.0% of all directors were female.

    31.1% of all director appointments in Bath in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    BATH3.05%CONSULTING5.16%
    CONSULTING1.76%MANAGEMENT4.64%
    MANAGEMENT1.76%CONSULTANCY3.50%
    (BATH)1.22%PROPERTY2.66%
    CONSULTANCY1.15%TRADING2.03%
    MEDIA1.08%ENGINEERING1.99%
    DEVELOPMENTS1.02%CONSTRUCTION1.93%
    PROPERTY0.75%LONDON1.93%
    DESIGN0.75%CARE1.85%
    BUSINESS0.68%DESIGN1.75%
    TRADING0.68%CONSULTANTS1.73%
    HOUSE0.61%BUSINESS1.69%
    INVESTMENTS0.61%PROPERTIES1.63%
    J0.61%TRANSPORT1.58%
    ASSOCIATES0.54%GLOBAL1.55%
    ENERGY0.54%INVESTMENTS1.55%
    CONSTRUCTION0.54%J1.51%
    SYSTEMS0.54%ASSOCIATES1.48%
    POWER0.47%MEDIA1.44%
    WEST0.47%ELECTRICAL1.40%
    PUBLISHING0.47%IT1.33%
    FINANCIAL0.41%DEVELOPMENTS1.33%
    TO0.41%BUILDING1.26%
    ENGINEERING0.41%M1.24%
    BLUE0.41%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied287261,557
    70229 - Management consultancy activities other than financial management13340,250
    99999 - Dormant Company6748,436
    82990 - Other business support service activities not elsewhere classified6157,421
    62020 - Information technology consultancy activities5129,029
    74909 - Other professional, scientific and technical activities not elsewhere classified4019,058
    62012 - Business and domestic software development399,834
    96090 - Other service activities not elsewhere classified3928,352
    41100 - Development of building projects2310,527
    74100 - specialised design activities224,703
    62090 - Other information technology service activities2213,024
    86900 - Other human health activities2211,292
    85590 - Other education not elsewhere classified216,043
    86220 - Specialists medical practice activities203,855
    47910 - Retail sale via mail order houses or via Internet199,900
    70100 - Activities of head offices184,152
    68209 - Other letting and operating of own or leased real estate1810,133
    74990 - Non-trading company1714,351
    58190 - Other publishing activities172,610
    69201 - Accounting and auditing activities167,415

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09074853 SIENNA SYSTEMS LTD 06 Jun 2014
    09077801 INTERNATIONAL MERCHANT CAPITAL LIMITED 09 Jun 2014
    09082356 AUTOMATED SKI MOVIE SERVICES LIMITED 11 Jun 2014
    09087907 CRESCENT CARPENTRY LTD 16 Jun 2014
    09092510 MINIEUROPE LTD 19 Jun 2014
    09093758 BACKPACKER HOSTELS LTD 19 Jun 2014
    09100952 FORE STRATEGY LIMITED 24 Jun 2014
    09100998 DCS CONSULTING (BATH) LIMITED 24 Jun 2014
    09101121 R&D ENERGY LIMITED 24 Jun 2014
    09103533 LUMINET COMMUNICATIONS LTD 26 Jun 2014
    09103536 IREPAIR CENTRE (BATH) LIMITED 26 Jun 2014
    09105335 LUMINET DATA LTD 27 Jun 2014
    09107985 I-CAMPUSSOLUTIONS LIMITED 30 Jun 2014
    09064986 MARKETS J G LIMITED 02 Jun 2014
    09065388 LANDESIGN ASSOCIATES LTD 02 Jun 2014
    09066884 FRED WORKMAN ENGINEERING CONSULTANCY LIMITED 02 Jun 2014
    OC393685 LACEY ALEXANDER DESIGN LLP 09 Jun 2014
    09088280 BRISTOL EQUINE SALES LTD 16 Jun 2014
    09088293 HERITAGE INSIDER LTD 16 Jun 2014
    09088533 3 CLEVELAND WALK LTD 16 Jun 2014
    09089913 UK MAM LIMITED 17 Jun 2014
    09091668 THE BATH PARTY SHOP LIMITED 18 Jun 2014
    09093620 WITS END@BATH LIMITED 19 Jun 2014
    09094518 BARRON HEIGHTS LIMITED 19 Jun 2014
    09101765 THE GOOD ECONOMY PARTNERSHIP LIMITED 25 Jun 2014