Bournemouth, Dorset

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Bournemouth when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Bournemouth when compared to any previous second half year.
  • October 2014 saw a new record in company registrations in Bournemouth when compared to any previous October.
  • 2014 was a record year for company closures in Bournemouth when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Bournemouth when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Bournemouth when compared to any half year in history.
  • December 2014 saw a new record in company closures in Bournemouth 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)

    2014 was a record year for company registrations in Bournemouth when compared to any year in history.

    A total of 1,739 companies were formed in Bournemouth in 2014. This total is 11.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBournemouthUK
    20141,739582,051
    20131,567529,363
    20121,614491,893
    20111,360452,870
    20101,116400,358
    Record Year2014 (1,739)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Bournemouth when compared to any previous second half year.

    In the second half of 2014 a total of 829 companies were formed in Bournemouth. This figure is 8.8% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Bournemouth occurred in 2014 when a total of 829 were formed.

    Half Year (Jul-Dec)BournemouthUK
    2014829281,320
    2013762259,931
    % change8.8%8.2%
    Record Year2014 (829)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 399 companies were registered in Bournemouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 6.7% versus the same period last year (Q4 2013). This figure compares equally 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)BournemouthUK
    2014399137,906
    2013374127,247
    % change6.7%8.4%
    Record Year 2012 (407) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Bournemouth when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014160132107
    New companies in 201314912699
    % change7.4%4.8%8.1%
    Record Year2014 (160)2004 (161)2012 (115)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Bournemouth when compared to any year in history.

    A total of 1,169 companies were dissolved in Bournemouth in 2014. This total is 15.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearBournemouthUK
    20141,169367,937
    20131,013332,213
    2012788293,729
    2011820314,524
    20101,065342,233
    Record Year2014 (1,169)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 Bournemouth when compared to any previous second half year.

    The second half of 2014 was a record second half year for company closures in Bournemouth when compared to any half year in history.

    In the second half of 2014 a total of 646 companies were dissolved in Bournemouth. This figure is 18.5% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Bournemouth occurred in 2014 when a total of 646 were closed.

    Half Year (Jul-Dec)BournemouthUK
    2014646190,730
    2013545177,021
    % change18.5%7.7%
    Record Year2014 (646)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 288 companies were dissolved in Bournemouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 8.3% 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)BournemouthUK
    201428889,060
    201326690,851
    % change8.3%-2.0%
    Record Year 2014 (288) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Bournemouth when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20148495109
    Closed companies in 20131027490
    % change-17.6%28.4%21%
    Record Year2013 (102)2009 (99)2014 (109)

Net Company Growth

  1. Annual Data (2014)

    A total of 570 companies were added to the company register for Bournemouth in 2014. This number represents growth of 32.8% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 16 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Bournemouth company register grew by 826 companies.

    YearBournemouthUK
    2014570214,114
    2013554197,150
    2012826198,164
    2011540138,346
    20105158,125
    Record Year2012 (826)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Bournemouth increased by 183 companies.

    Half Year (Jul-Dec)BournemouthUK
    201418390,590
    201321782,910
    Record Year2012 (418)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Bournemouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 111 companies.

    fourth quarter (Oct 2014 - Dec 2014)BournemouthUK
    201411148,846
    201310836,396
    Record Year 2012 (222) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20147637-2
    Net growth in 201347529
    Record Year2008 (76)2004 (121)2012 (88)

UK Company Share

  1. Annual Data (2014)

    In 2014 Bournemouth formed 0.3% of all UK companies. This is no change on 2013 when Bournemouth was responsible for 0.3% of all UK companies.

    YearBournemouth
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960)1999 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Bournemouth formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.

    Half Year (Jul-Dec)Bournemouth
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1995 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Bournemouth formed 0.3% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Bournemouth
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1996 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.3%0.3%
    % change2.2%-0.5%-7.5%
    Record Year1981 (0.6%)1975 (0.7%)1956 (0.7%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.2.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.6% 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 44.3.

    The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% 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 45.0.

    The percentage of directors under the age of 25 was 7.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.1% 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 Bournemouth was 1976 when 100.0% of all directors were female.

    The percentage of female directors in Bournemouth in 2014 was 26.1%. 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 Bournemouth was 2006 when 31.5% of all directors were female.

    26.7% of all director appointments in Bournemouth 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 Bournemouth was in 2006 when 33.3% of all directors were female.

    25.8% of all director appointments in Bournemouth 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
    CONSULTING3.23%CONSULTING5.22%
    CONSULTANCY1.86%MANAGEMENT4.58%
    MANAGEMENT1.58%CONSULTANCY3.57%
    BOURNEMOUTH1.41%PROPERTY2.66%
    DEVELOPMENTS1.09%CONSTRUCTION2.12%
    PROPERTY0.85%ENGINEERING2.10%
    DESIGN0.77%CARE2.02%
    CONSTRUCTION0.69%TRADING1.94%
    CONSULTANTS0.69%LONDON1.93%
    PROPERTIES0.65%TRANSPORT1.93%
    ASSOCIATES0.65%DESIGN1.66%
    J0.65%CONSULTANTS1.64%
    SOUTH0.61%ELECTRICAL1.62%
    IT0.61%PROPERTIES1.62%
    INVESTMENTS0.61%BUSINESS1.56%
    CARE0.53%J1.54%
    DORSET0.48%CO.,1.50%
    DIGITAL0.48%GLOBAL1.49%
    CLEANING0.48%INVESTMENTS1.48%
    ROAD0.44%ASSOCIATES1.47%
    BUSINESS0.44%DEVELOPMENTS1.35%
    FREEHOLD0.44%MEDIA1.33%
    MARKETING0.40%IT1.31%
    R0.40%BUILDING1.29%
    QUANTUM0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied781265,608
    62020 - Information technology consultancy activities29630,178
    70229 - Management consultancy activities other than financial management17242,290
    99999 - Dormant Company15348,509
    82990 - Other business support service activities not elsewhere classified9258,068
    62090 - Other information technology service activities8712,837
    96090 - Other service activities not elsewhere classified8729,009
    98000 - Residents property management635,255
    41100 - Development of building projects4711,397
    47910 - Retail sale via mail order houses or via Internet4510,107
    68209 - Other letting and operating of own or leased real estate4111,212
    68320 - Management of real estate on a fee or contract basis386,010
    86900 - Other human health activities3312,976
    56101 - Licensed restaurants308,782
    74909 - Other professional, scientific and technical activities not elsewhere classified2919,049
    74990 - Non-trading company2913,984
    70221 - Financial management283,608
    62012 - Business and domestic software development259,752
    56103 - Take-away food shops and mobile food stands238,318
    43210 - Electrical installation235,985

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09344806 LG TEK GROUP LTD 08 Dec 2014
    09346699 UNIQ WEAR LTD 09 Dec 2014
    09366627 BIODIVERSE LIMITED 24 Dec 2014
    09337855 LINKFIRST LIMITED 02 Dec 2014
    09342822 AVICENNA INTEGRATION LTD 05 Dec 2014
    09359850 ALTERNATIVE LEGAL IT LTD 18 Dec 2014
    09349018 JUST ADD DISTRIBUTION LIMITED 10 Dec 2014
    09340599 BRYANSTONE TRADING LIMITED 04 Dec 2014
    09357267 17 WOODSIDE ROAD RTM COMPANY LTD 16 Dec 2014
    09334298 AUDIO LOOP UK LTD 01 Dec 2014
    09338803 106 STOUR ROAD FREEHOLD LIMITED 03 Dec 2014
    09361499 SOUTH COAST PX CENTRE LTD 18 Dec 2014
    09334249 THE TRAVEL TRAINER LTD 01 Dec 2014
    09341865 BOURNEMOUTH ABOVE AND BEYOND TRUST 04 Dec 2014
    09342570 WOOD SAGE LIMITED 05 Dec 2014
    09345918 ABSTRACT INVERSE LIMITED 08 Dec 2014
    09360808 DJSPENCE SOLUTIONS LIMITED 18 Dec 2014
    09363096 CADENCE DIGITAL LIMITED 19 Dec 2014
    09364565 VIRTUAL DOMAIN CONSULTANCY LIMITED 22 Dec 2014
    09336619 BLUE FLOOR LTD 02 Dec 2014
    09338540 ROUND BALL LTD 03 Dec 2014
    09345449 IRQAO LIMITED 08 Dec 2014
    09345889 24 CAMPBELL ROAD FREEHOLD LIMITED 08 Dec 2014
    09340955 FORWORKHOME LTD 04 Dec 2014
    09345789 MACARTNEYS BOURNEMOUTH LTD 08 Dec 2014