Bath, Somerset
2014 Annual Business Confidence Report
Headlines
- Q4 2014 saw a new record in company registrations in Bath when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Bath when compared to any previous December.
- The second half of 2014 saw a new record in company closures in Bath when compared to any previous second half year.
- December 2014 saw a new record in company closures in Bath when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 910 companies were formed in Bath in 2014. This total is 1.1% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bath UK 2014 910 582,051 2013 920 529,363 2012 829 491,893 2011 775 452,870 2010 736 400,358 Record Year 2013 (920) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 427 companies were formed in Bath. This figure is 3.4% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Bath occurred in 2013 when a total of 442 were formed.
Half Year (Jul-Dec) Bath UK 2014 427 281,320 2013 442 259,931 % change -3.4% 8.2% Record Year 2013 (442) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bath when compared to any previous Q4.
A total of 214 companies were registered in Bath during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 0.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bath UK 2014 214 137,906 2013 212 127,247 % change 0.9% 8.4% Record Year 2014 (214) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Bath when compared to any previous December.
New Companies by Month
October November December New companies in 2014 74 63 77 New companies in 2013 77 83 52 % change -3.9% -24.1% 48.1% Record Year 2012 (77) 2013 (83) 2014 (77)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 585 companies were dissolved in Bath in 2014. This total is 13.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Bath UK 2014 585 367,937 2013 514 332,213 2012 498 293,729 2011 465 314,524 2010 544 342,233 Record Year 2009 (676) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Bath when compared to any previous second half year.
In the second half of 2014 a total of 312 companies were dissolved in Bath. This figure is 10.6% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Bath occurred in 2014 when a total of 312 were closed.
Half Year (Jul-Dec) Bath UK 2014 312 190,730 2013 282 177,021 % change 10.6% 7.7% Record Year 2014 (312) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 152 companies were dissolved in Bath during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 1.3% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bath UK 2014 152 89,060 2013 150 90,851 % change 1.3% -2.0% Record Year 2014 (152) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Bath when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 39 54 59 Closed companies in 2013 57 45 48 % change -31.6% 20.0% 23% Record Year 2010 (57) 2011 (61) 2014 (59)
Net Company Growth
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Annual Data (2014)
A total of 325 companies were added to the company register for Bath in 2014. This number represents growth of 35.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 81 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Bath company register grew by 406 companies.
Year Bath UK 2014 325 214,114 2013 406 197,150 2012 331 198,164 2011 310 138,346 2010 192 58,125 Record Year 2013 (406) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bath increased by 115 companies.
Half Year (Jul-Dec) Bath UK 2014 115 90,590 2013 160 82,910 Record Year 2003 (238) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bath during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 62 companies.
fourth quarter (Oct 2014 - Dec 2014) Bath UK 2014 62 48,846 2013 62 36,396 Record Year 2012 (77) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 35 9 18 Net growth in 2013 20 38 4 Record Year 2003 (53) 2002 (38) 2002 (48)
UK Company Share
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Annual Data (2014)
In 2014 Bath formed 0.2% of all UK companies. This is no change on 2013 when Bath was responsible for 0.2% of all UK companies.
Year Bath 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bath formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) Bath 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1993 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bath formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bath 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -8.6% -27.9% 26.7% Record Year 1992 (0.3%) 1993 (0.3%) 1991 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.6.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 46.6.
The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 46.8.
The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Bath was 1983 when 100.0% of all directors were female.
The percentage of female directors in Bath in 2014 was 31.0%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bath was 2007 when 34.1% of all directors were female.
28.5% of all director appointments in Bath in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bath was in 2012 when 33.7% of all directors were female.
29.6% of all director appointments in Bath in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 2.88% CONSULTING 5.22% CONSULTING 2.21% MANAGEMENT 4.58% MANAGEMENT 2.08% CONSULTANCY 3.57% (BATH) 1.41% PROPERTY 2.66% CONSULTANCY 1.01% CONSTRUCTION 2.12% DESIGN 1.01% ENGINEERING 2.10% MEDIA 0.87% CARE 2.02% DEVELOPMENTS 0.87% TRADING 1.94% TRADING 0.54% LONDON 1.93% ASSOCIATES 0.54% TRANSPORT 1.93% POWER 0.54% DESIGN 1.66% VENTURES 0.47% CONSULTANTS 1.64% CAFE 0.47% ELECTRICAL 1.62% ENGINEERING 0.47% PROPERTIES 1.62% BUSINESS 0.47% BUSINESS 1.56% ROAD 0.47% J 1.54% J 0.40% CO., 1.50% PROPERTY 0.40% GLOBAL 1.49% MARKETING 0.40% INVESTMENTS 1.48% LUMINET 0.40% ASSOCIATES 1.47% CONSTRUCTION 0.40% DEVELOPMENTS 1.35% PUBLISHING 0.34% MEDIA 1.33% (BRISTOL) 0.34% IT 1.31% BLUE 0.34% BUILDING 1.29% PRODUCTIONS 0.34% M 1.22%
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 303 265,608 70229 - Management consultancy activities other than financial management 134 42,290 99999 - Dormant Company 72 48,509 82990 - Other business support service activities not elsewhere classified 57 58,068 62020 - Information technology consultancy activities 56 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 47 19,049 96090 - Other service activities not elsewhere classified 43 29,009 62012 - Business and domestic software development 34 9,752 41100 - Development of building projects 27 11,397 62090 - Other information technology service activities 25 12,837 86220 - Specialists medical practice activities 25 4,031 68209 - Other letting and operating of own or leased real estate 24 11,212 47910 - Retail sale via mail order houses or via Internet 24 10,107 85590 - Other education not elsewhere classified 20 6,206 86900 - Other human health activities 19 12,976 74990 - Non-trading company 18 13,984 74100 - specialised design activities 18 4,841 70100 - Activities of head offices 17 4,204 56101 - Licensed restaurants 17 8,782 43390 - Other building completion and finishing 16 5,931
Recent Companies
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Randomly selected companies from this quarter
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