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
New Company Registrations
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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) Bath UK 2015 245 161,156 2014 243 150,722 % change 0.8% 6.9% Record Year 2015 (245) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 68 66 111 New companies in 2014 78 70 95 % change -12.8% -5.7% 16.8% Record Year 2014 (78) 2010 (80) 2015 (111)
Closed Companies (dissolved)
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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) Bath UK 2015 133 89,523 2014 122 82,370 % change 9.0% 8.7% Record Year 2009 (145) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 28 45 60 Closed companies in 2014 53 37 32 % change -47.2% 21.6% 88% Record Year 2013 (63) 2011 (50) 2009 (79)
Net Company Growth
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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) Bath UK 2015 112 71,633 2014 121 68,352 Record Year 2012 (127) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 40 21 51 Net growth in 2014 25 33 63 Record Year 2004 (45) 2010 (55) 2008 (67)
UK Company Share
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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 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.1% 0.2% UK formation share in 2014 0.2% 0.1% 0.2% % change -14.5% -13.1% 6.6% Record Year 1960 (0.4%) 1991 (0.5%) 1989 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BATH 2.67% CONSULTING 5.23% CONSULTING 2.34% MANAGEMENT 4.56% MANAGEMENT 1.74% CONSULTANCY 3.62% (BATH) 1.20% PROPERTY 2.72% DESIGN 1.14% CONSTRUCTION 2.19% CONSULTANCY 1.00% CARE 2.13% MEDIA 0.80% ENGINEERING 2.12% PROPERTY 0.60% LONDON 1.91% DEVELOPMENTS 0.60% TRADING 1.88% BUSINESS 0.53% TRANSPORT 1.82% TRADING 0.53% ELECTRICAL 1.76% ENGINEERING 0.53% DESIGN 1.65% ASSOCIATES 0.47% PROPERTIES 1.63% CAFE 0.47% CO., 1.58% LUMINET 0.40% J 1.55% CONSULTANTS 0.40% CONSULTANTS 1.54% EVENTS 0.40% BUSINESS 1.49% SYSTEMS 0.40% INVESTMENTS 1.49% TREE 0.40% GLOBAL 1.46% MUSIC 0.40% ASSOCIATES 1.44% CO 0.40% DEVELOPMENTS 1.36% STUDIOS 0.33% BUILDING 1.31% FARM 0.33% IT 1.30% IT 0.33% MEDIA 1.28% GLOBAL 0.33% M 1.27%
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 346 288,953 70229 - Management consultancy activities other than financial management 128 43,081 99999 - Dormant Company 78 49,474 82990 - Other business support service activities not elsewhere classified 65 58,522 62020 - Information technology consultancy activities 60 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 47 19,098 96090 - Other service activities not elsewhere classified 36 29,218 62012 - Business and domestic software development 35 9,651 86220 - Specialists medical practice activities 29 4,088 41100 - Development of building projects 26 11,863 68209 - Other letting and operating of own or leased real estate 25 11,600 62090 - Other information technology service activities 22 12,862 47910 - Retail sale via mail order houses or via Internet 21 10,200 86900 - Other human health activities 20 13,990 98000 - Residents property management 20 5,308 74100 - specialised design activities 20 4,892 85590 - Other education not elsewhere classified 18 6,238 74990 - Non-trading company 18 13,794 56101 - Licensed restaurants 17 8,909 43999 - Other specialised construction activities not elsewhere classified 15 9,080
Recent Companies
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Randomly selected companies from this quarter
reports
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