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

  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. 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.

    YearBathUK
    2014910582,051
    2013920529,363
    2012829491,893
    2011775452,870
    2010736400,358
    Record Year2013 (920)2014 (582,051)
    New Companies by Year
  2. 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)BathUK
    2014427281,320
    2013442259,931
    % change-3.4%8.2%
    Record Year2013 (442)2014 (281,320)
    New Companies by Half Year
  3. 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)BathUK
    2014214137,906
    2013212127,247
    % change0.9%8.4%
    Record Year 2014 (214) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014746377
    New companies in 2013778352
    % change-3.9%-24.1%48.1%
    Record Year2012 (77)2013 (83)2014 (77)

Closed Companies (dissolved)

  1. 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.

    YearBathUK
    2014585367,937
    2013514332,213
    2012498293,729
    2011465314,524
    2010544342,233
    Record Year2009 (676)2009 (533,789)
    Dissolved Companies by Year
  2. 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)BathUK
    2014312190,730
    2013282177,021
    % change10.6%7.7%
    Record Year2014 (312)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)BathUK
    201415289,060
    201315090,851
    % change1.3%-2.0%
    Record Year 2014 (152) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014395459
    Closed companies in 2013574548
    % change-31.6%20.0%23%
    Record Year2010 (57)2011 (61)2014 (59)

Net Company Growth

  1. 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.

    YearBathUK
    2014325214,114
    2013406197,150
    2012331198,164
    2011310138,346
    201019258,125
    Record Year2013 (406)2007 (237,353)
    Net Growth by Year
  2. 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)BathUK
    201411590,590
    201316082,910
    Record Year2003 (238)2003 (117,772)
    Net Growth by Half Year
  3. 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)BathUK
    20146248,846
    20136236,396
    Record Year 2012 (77) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201435918
    Net growth in 201320384
    Record Year2003 (53)2002 (38)2002 (48)

UK Company Share

  1. 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.

    YearBath
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1991 (0.3%)
    Company Share by Year
  2. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-8.6%-27.9%26.7%
    Record Year1992 (0.3%)1993 (0.3%)1991 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    BATH2.88%CONSULTING5.22%
    CONSULTING2.21%MANAGEMENT4.58%
    MANAGEMENT2.08%CONSULTANCY3.57%
    (BATH)1.41%PROPERTY2.66%
    CONSULTANCY1.01%CONSTRUCTION2.12%
    DESIGN1.01%ENGINEERING2.10%
    MEDIA0.87%CARE2.02%
    DEVELOPMENTS0.87%TRADING1.94%
    TRADING0.54%LONDON1.93%
    ASSOCIATES0.54%TRANSPORT1.93%
    POWER0.54%DESIGN1.66%
    VENTURES0.47%CONSULTANTS1.64%
    CAFE0.47%ELECTRICAL1.62%
    ENGINEERING0.47%PROPERTIES1.62%
    BUSINESS0.47%BUSINESS1.56%
    ROAD0.47%J1.54%
    J0.40%CO.,1.50%
    PROPERTY0.40%GLOBAL1.49%
    MARKETING0.40%INVESTMENTS1.48%
    LUMINET0.40%ASSOCIATES1.47%
    CONSTRUCTION0.40%DEVELOPMENTS1.35%
    PUBLISHING0.34%MEDIA1.33%
    (BRISTOL)0.34%IT1.31%
    BLUE0.34%BUILDING1.29%
    PRODUCTIONS0.34%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied303265,608
    70229 - Management consultancy activities other than financial management13442,290
    99999 - Dormant Company7248,509
    82990 - Other business support service activities not elsewhere classified5758,068
    62020 - Information technology consultancy activities5630,178
    74909 - Other professional, scientific and technical activities not elsewhere classified4719,049
    96090 - Other service activities not elsewhere classified4329,009
    62012 - Business and domestic software development349,752
    41100 - Development of building projects2711,397
    62090 - Other information technology service activities2512,837
    86220 - Specialists medical practice activities254,031
    68209 - Other letting and operating of own or leased real estate2411,212
    47910 - Retail sale via mail order houses or via Internet2410,107
    85590 - Other education not elsewhere classified206,206
    86900 - Other human health activities1912,976
    74990 - Non-trading company1813,984
    74100 - specialised design activities184,841
    70100 - Activities of head offices174,204
    56101 - Licensed restaurants178,782
    43390 - Other building completion and finishing165,931

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293072 MANOR CLOSE RESIDENTS LIMITED 03 Nov 2014
    09294972 2 CRESCENT GARDENS LIMITED 04 Nov 2014
    09296248 ROCUS LIMITED 05 Nov 2014
    09299168 DECIDIT LTD 06 Nov 2014
    09302313 JFPP REAL ESTATE LTD 10 Nov 2014
    09303925 THE TIME HERO LIMITED 10 Nov 2014
    09305217 ATUDOS LIMITED 11 Nov 2014
    09305677 PETROLEUM HORIZON LIMITED 11 Nov 2014
    09308885 SMARTFIX TECHNOLOGY LIMITED 13 Nov 2014
    09309088 LIMITLESS CONSULTANTS LTD 13 Nov 2014
    09310347 JASMIN INNS LTD 13 Nov 2014
    09313595 SEAN EGAN 2020 LIMITED 17 Nov 2014
    09316716 ACHIEVE CHANGE AND ENGAGEMENT LIMITED 18 Nov 2014
    09318747 WESSEX EXPLORATION LIMITED 19 Nov 2014
    09319623 ALFA BOUNCE LIMITED 19 Nov 2014
    09321266 TOPSTEER LTD 20 Nov 2014
    09324755 FRIENDLY CONTENT COMPANY LIMITED 24 Nov 2014
    09327054 HODGETTS FARMING LIMITED 25 Nov 2014
    09329789 SANCTUARY PROPERTIES UK LTD 27 Nov 2014
    09291664 LITTLE SPROUT GOURMET SUPERFOODS LTD 03 Nov 2014
    09300282 TAKK CONSULTING LTD 07 Nov 2014
    09301716 ENGAGENCY LIMITED 07 Nov 2014
    09314623 BEYOND DISPUTE LIMITED 17 Nov 2014
    09320313 ONE FRAME LIMITED 20 Nov 2014
    09321776 DMS MORTGAGE LIMITED 21 Nov 2014