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
New Company Registrations
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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) Bath UK 2014 213 143,414 2013 230 132,684 % change -7.4% 8.1% Record Year 2013 (230) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 81 45 87 New companies in 2013 80 66 84 % change 1.3% -31.8% 3.6% Record Year 2014 (81) 2011 (77) 2014 (87)
Closed Companies (dissolved)
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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) Bath UK 2014 160 101,670 2013 132 86,170 % change 21.2% 18.0% Record Year 2009 (168) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 62 46 52 Closed companies in 2013 48 39 45 % change 29.2% 17.9% 16% Record Year 2014 (62) 2008 (74) 2009 (75)
Net Company Growth
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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) Bath UK 2014 53 41,744 2013 98 46,514 Record Year 2011 (114) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 19 -1 35 Net growth in 2013 32 27 39 Record Year 2008 (54) 2002 (51) 2002 (57)
UK Company Share
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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 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1993 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -8.0% -35.0% -5.0% Record Year 1993 (0.3%) 1987 (0.4%) 1981 (0.6%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 2.79% CONSULTING 5.17% CONSULTING 2.24% MANAGEMENT 4.63% MANAGEMENT 1.97% CONSULTANCY 3.55% CONSULTANCY 1.15% PROPERTY 2.62% (BATH) 1.09% ENGINEERING 2.07% DESIGN 1.02% CONSTRUCTION 2.05% MEDIA 1.02% TRADING 2.00% DEVELOPMENTS 0.95% LONDON 1.95% ASSOCIATES 0.68% CARE 1.94% BUSINESS 0.68% TRANSPORT 1.76% TRADING 0.68% DESIGN 1.70% SYSTEMS 0.61% CONSULTANTS 1.70% PROPERTY 0.61% PROPERTIES 1.63% ENGINEERING 0.54% BUSINESS 1.62% ENERGY 0.54% J 1.53% HOUSE 0.54% ELECTRICAL 1.53% INVESTMENTS 0.48% GLOBAL 1.51% ROAD 0.48% INVESTMENTS 1.50% J 0.48% ASSOCIATES 1.48% CONSTRUCTION 0.41% MEDIA 1.38% GLOBAL 0.41% CO., 1.36% POWER 0.41% DEVELOPMENTS 1.35% LUMINET 0.41% BUILDING 1.30% CAFE 0.41% IT 1.30% CAR 0.34% M 1.23%
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 307 278,481 70229 - Management consultancy activities other than financial management 139 40,717 99999 - Dormant Company 66 48,286 82990 - Other business support service activities not elsewhere classified 56 57,264 62020 - Information technology consultancy activities 54 29,313 74909 - Other professional, scientific and technical activities not elsewhere classified 49 18,890 96090 - Other service activities not elsewhere classified 39 28,224 62012 - Business and domestic software development 35 9,675 62090 - Other information technology service activities 24 12,795 85590 - Other education not elsewhere classified 22 6,045 86220 - Specialists medical practice activities 22 3,889 41100 - Development of building projects 22 10,604 86900 - Other human health activities 21 11,807 47910 - Retail sale via mail order houses or via Internet 21 9,914 68209 - Other letting and operating of own or leased real estate 20 10,361 74100 - specialised design activities 19 4,681 74990 - Non-trading company 19 14,006 70100 - Activities of head offices 18 4,108 43390 - Other building completion and finishing 18 5,786 43999 - Other specialised construction activities not elsewhere classified 17 8,501
Recent Companies
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Randomly selected companies from this quarter
reports
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