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
    09019964 EB PRODUCTIONS LIMITED 01 May 2014
    09022791 ROSEWATER HOLIDAYS LTD 02 May 2014
    09029595 THE DRAMA SCHOOL EXETER LTD 08 May 2014
    09032606 LEGUM SAFETY SERVICES LIMITED 09 May 2014
    09038278 JM CATERING BRIGHTON LIMITED 13 May 2014
    09040276 BATH & DISTRICT BUSINESS CRIME REDUCTION COMMUNITY INTEREST COMPANY 14 May 2014
    09046216 SO MAPS LIMITED 19 May 2014
    09047625 AUTOMATED ZIP MOVIE SERVICES LIMITED 20 May 2014
    09047656 WPO CATERING LIMITED 20 May 2014
    09048034 SSWT LIMITED 20 May 2014
    09058274 KELSTON TOLL ROAD LIMITED 27 May 2014
    09060929 36-40 WELLS ROAD LIMITED 29 May 2014
    09024913 BURGUILLO BRECKON LIMITED 06 May 2014
    09028872 DAYMER LANE CONSULTANCY LTD 07 May 2014
    09033118 3D METAL PRINTING LTD 09 May 2014
    09038023 MEI CREATIVE LIMITED 13 May 2014
    09038429 ANDREW KEMP CAMERAS LIMITED 13 May 2014
    09039735 OPTIMY LTD 14 May 2014
    09040107 SPARK SOUTH WEST 14 May 2014
    09044504 GEMEL TECH LTD 16 May 2014
    09052267 CLELIA PROPERTY MANAGEMENT LTD 22 May 2014
    09054744 BLUE TORO CONSULTING LTD 23 May 2014
    09056224 2 SPITFIRES LIMITED 27 May 2014
    09061954 MONKTON COMBE GARAGE LTD 29 May 2014
    09062744 RABLEY LODGE CONSULTANTS LIMITED 29 May 2014