Bath, Somerset

Q3 2014 Business Confidence Report

Headlines

  • September 2014 saw a new record in company registrations in Bath when compared to any previous September.
  • July 2014 saw a new record in company registrations in Bath when compared to any previous July.
  • July 2014 saw a new record in company closures in Bath when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    A total of 213 companies were registered in Bath during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 7.4% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BathUK
    2014213143,414
    2013230132,684
    % change-7.4%8.1%
    Record Year 2013 (230) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014814587
    New companies in 2013806684
    % change1.3%-31.8%3.6%
    Record Year2014 (81)2011 (77)2014 (87)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 160 companies were dissolved in Bath during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 21.2% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)BathUK
    2014160101,670
    201313286,170
    % change21.2%18.0%
    Record Year 2009 (168) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Bath when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014624652
    Closed companies in 2013483945
    % change29.2%17.9%16%
    Record Year2014 (62)2008 (74)2009 (75)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Bath during the third quarter of 2014 (Jul 2014 - Sep 2014) was 53 companies.

    third quarter (Jul 2014 - Sep 2014)BathUK
    20145341,744
    20139846,514
    Record Year 2011 (114) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201419-135
    Net growth in 2013322739
    Record Year2008 (54)2002 (51)2002 (57)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Bath formed 0.1% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Bath
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1993 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-8.0%-35.0%-5.0%
    Record Year1993 (0.3%)1987 (0.4%)1981 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Bath was in 2007 when 35.6% of all directors were female.

    27.4% of all director appointments in Bath in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    BATH2.79%CONSULTING5.17%
    CONSULTING2.24%MANAGEMENT4.63%
    MANAGEMENT1.97%CONSULTANCY3.55%
    CONSULTANCY1.15%PROPERTY2.62%
    (BATH)1.09%ENGINEERING2.07%
    DESIGN1.02%CONSTRUCTION2.05%
    MEDIA1.02%TRADING2.00%
    DEVELOPMENTS0.95%LONDON1.95%
    ASSOCIATES0.68%CARE1.94%
    BUSINESS0.68%TRANSPORT1.76%
    TRADING0.68%DESIGN1.70%
    SYSTEMS0.61%CONSULTANTS1.70%
    PROPERTY0.61%PROPERTIES1.63%
    ENGINEERING0.54%BUSINESS1.62%
    ENERGY0.54%J1.53%
    HOUSE0.54%ELECTRICAL1.53%
    INVESTMENTS0.48%GLOBAL1.51%
    ROAD0.48%INVESTMENTS1.50%
    J0.48%ASSOCIATES1.48%
    CONSTRUCTION0.41%MEDIA1.38%
    GLOBAL0.41%CO.,1.36%
    POWER0.41%DEVELOPMENTS1.35%
    LUMINET0.41%BUILDING1.30%
    CAFE0.41%IT1.30%
    CAR0.34%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied307278,481
    70229 - Management consultancy activities other than financial management13940,717
    99999 - Dormant Company6648,286
    82990 - Other business support service activities not elsewhere classified5657,264
    62020 - Information technology consultancy activities5429,313
    74909 - Other professional, scientific and technical activities not elsewhere classified4918,890
    96090 - Other service activities not elsewhere classified3928,224
    62012 - Business and domestic software development359,675
    62090 - Other information technology service activities2412,795
    85590 - Other education not elsewhere classified226,045
    86220 - Specialists medical practice activities223,889
    41100 - Development of building projects2210,604
    86900 - Other human health activities2111,807
    47910 - Retail sale via mail order houses or via Internet219,914
    68209 - Other letting and operating of own or leased real estate2010,361
    74100 - specialised design activities194,681
    74990 - Non-trading company1914,006
    70100 - Activities of head offices184,108
    43390 - Other building completion and finishing185,786
    43999 - Other specialised construction activities not elsewhere classified178,501

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09158069 K2 INSTALLATION SERVICES LTD 01 Aug 2014
    OC394598 SRA ARCHITECTS LLP 04 Aug 2014
    09162293 GEORGEKEELING.COM 05 Aug 2014
    09163369 GLASS EYE FILMS LTD 06 Aug 2014
    09168138 SR&SR HEALTHCARE SERVICES LIMITED 08 Aug 2014
    09180411 SILVERSIDES CONSULTING LIMITED 18 Aug 2014
    09182372 EUREKAOFBATH LIMITED 19 Aug 2014
    09184888 UK WEB FOCUS LIMITED 21 Aug 2014
    09194572 A MAHMOOD (EASTON) LIMITED 29 Aug 2014
    09194881 SEKKAI LIMITED 29 Aug 2014
    09195509 SUSIE ROSS LTD 30 Aug 2014
    09195899 COVE INC LTD 30 Aug 2014
    09158898 SKY SOARER LTD 04 Aug 2014
    09162750 TEMPLE & IVY LIMITED 05 Aug 2014
    09166865 TRUENO COOKS LIMITED 07 Aug 2014
    09167327 M&M IP SOLUTIONS LIMITED 08 Aug 2014
    09169047 BELLE MERCHANDISING & PROMOTIONS LIMITED 11 Aug 2014
    09172303 KIM TAYLOR LTD 12 Aug 2014
    09175847 LUMIERE CLINICAL LIMITED 14 Aug 2014
    09178262 ZINDI CARE SERVICES LIMITED 15 Aug 2014
    09185905 THINGLEY TRADING LIMITED 21 Aug 2014
    09187893 TRUESPEED COMMUNICATIONS LTD 28 Aug 2014
    09188771 GIGASEED LTD 28 Aug 2014
    09189922 PADHOP LTD 28 Aug 2014
    09191223 BELMONT DEVELOPMENTS & MANAGEMENT LTD 28 Aug 2014