Bath, Somerset

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Bath when compared to any previous Q1.
  • March 2015 saw a new record in company registrations in Bath when compared to any previous March.
  • March 2015 was a record month for company registrations in Bath when compared to any month in history.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Bath when compared to any previous Q1.

    A total of 245 companies were registered in Bath during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 0.8% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BathUK
    2015245161,156
    2014243150,722
    % change0.8%6.9%
    Record Year 2015 (245) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Bath when compared to any previous March.

    March 2015 was a record month for company registrations in Bath when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20156866111
    New companies in 2014787095
    % change-12.8%-5.7%16.8%
    Record Year2014 (78)2010 (80)2015 (111)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 133 companies were dissolved in Bath during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 9.0% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BathUK
    201513389,523
    201412282,370
    % change9.0%8.7%
    Record Year 2009 (145) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015284560
    Closed companies in 2014533732
    % change-47.2%21.6%88%
    Record Year2013 (63)2011 (50)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Bath during the first quarter of 2015 (Jan 2015 - Mar 2015) was 112 companies.

    first quarter (Jan 2015 - Mar 2015)BathUK
    201511271,633
    201412168,352
    Record Year 2012 (127) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015402151
    Net growth in 2014253363
    Record Year2004 (45)2010 (55)2008 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Bath formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Bath
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.2%
    UK formation share in 20140.2%0.1%0.2%
    % change-14.5%-13.1%6.6%
    Record Year1960 (0.4%)1991 (0.5%)1989 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 46.5.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Bath was in 2013 when 40.6% of all directors were female.

    27.9% of all director appointments in Bath in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    BATH2.67%CONSULTING5.23%
    CONSULTING2.34%MANAGEMENT4.56%
    MANAGEMENT1.74%CONSULTANCY3.62%
    (BATH)1.20%PROPERTY2.72%
    DESIGN1.14%CONSTRUCTION2.19%
    CONSULTANCY1.00%CARE2.13%
    MEDIA0.80%ENGINEERING2.12%
    PROPERTY0.60%LONDON1.91%
    DEVELOPMENTS0.60%TRADING1.88%
    BUSINESS0.53%TRANSPORT1.82%
    TRADING0.53%ELECTRICAL1.76%
    ENGINEERING0.53%DESIGN1.65%
    ASSOCIATES0.47%PROPERTIES1.63%
    CAFE0.47%CO.,1.58%
    LUMINET0.40%J1.55%
    CONSULTANTS0.40%CONSULTANTS1.54%
    EVENTS0.40%BUSINESS1.49%
    SYSTEMS0.40%INVESTMENTS1.49%
    TREE0.40%GLOBAL1.46%
    MUSIC0.40%ASSOCIATES1.44%
    CO0.40%DEVELOPMENTS1.36%
    STUDIOS0.33%BUILDING1.31%
    FARM0.33%IT1.30%
    IT0.33%MEDIA1.28%
    GLOBAL0.33%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied346288,953
    70229 - Management consultancy activities other than financial management12843,081
    99999 - Dormant Company7849,474
    82990 - Other business support service activities not elsewhere classified6558,522
    62020 - Information technology consultancy activities6030,825
    74909 - Other professional, scientific and technical activities not elsewhere classified4719,098
    96090 - Other service activities not elsewhere classified3629,218
    62012 - Business and domestic software development359,651
    86220 - Specialists medical practice activities294,088
    41100 - Development of building projects2611,863
    68209 - Other letting and operating of own or leased real estate2511,600
    62090 - Other information technology service activities2212,862
    47910 - Retail sale via mail order houses or via Internet2110,200
    86900 - Other human health activities2013,990
    98000 - Residents property management205,308
    74100 - specialised design activities204,892
    85590 - Other education not elsewhere classified186,238
    74990 - Non-trading company1813,794
    56101 - Licensed restaurants178,909
    43999 - Other specialised construction activities not elsewhere classified159,080

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09466634 5 ASHLEY TERRACE BATH MANAGEMENT LIMITED 03 Mar 2015
    09472909 SPLASH CONTENT LTD 05 Mar 2015
    09478247 LTHJ LIMITED 09 Mar 2015
    09479111 SHINDIG TRADING LIMITED 09 Mar 2015
    09500498 DARREN ELLIS ELECTRICAL SERVICES LIMITED 20 Mar 2015
    09501992 SPEEDWELL ONE LIMITED 20 Mar 2015
    09505536 MORRIS & DENNEHY LTD 24 Mar 2015
    09510836 DUBHE MEGREZ (UK) LTD 26 Mar 2015
    09518707 HIVEMIND RESEARCH LTD 31 Mar 2015
    09520121 POSITIVE SUPPLEMENTS LIMITED 31 Mar 2015
    09472167 MMW LIMITED 05 Mar 2015
    09474334 ORPHAN NO MORE LIMITED 06 Mar 2015
    09475914 KRYPT CLOTHING LIMITED 06 Mar 2015
    09481760 DEVLND LIMITED 10 Mar 2015
    09482349 MARIO PRIVATE HIRE LIMITED 10 Mar 2015
    09483156 COMBESIDE CONSULTING LTD 11 Mar 2015
    09492025 WHISTLER PROPERTY LIMITED 16 Mar 2015
    09495773 MIAN BASHIR INSANIYAT APPEAL 18 Mar 2015
    09497548 SMART RENOVATIONS (BATH) LTD 19 Mar 2015
    09500138 31 GROSVENOR PLACE BATH RTM COMPANY LTD 19 Mar 2015
    09500433 INFINITE WELLBEING LIMITED 20 Mar 2015
    09501641 ELITE CARERS LIMITED 20 Mar 2015
    09504642 GECKO BIKES LIMITED 23 Mar 2015
    09507319 SPORTING FAMILY CHANGE FOUNDATION 24 Mar 2015
    09507435 HARVEYWOOD LIMITED 24 Mar 2015