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
New Company Registrations
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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.
Year Bournemouth UK 2014 1,739 582,051 2013 1,567 529,363 2012 1,614 491,893 2011 1,360 452,870 2010 1,116 400,358 Record Year 2014 (1,739) 2014 (582,051) New Companies by Year
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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) Bournemouth UK 2014 829 281,320 2013 762 259,931 % change 8.8% 8.2% Record Year 2014 (829) 2014 (281,320) New Companies by Half Year
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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) Bournemouth UK 2014 399 137,906 2013 374 127,247 % change 6.7% 8.4% Record Year 2012 (407) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 160 132 107 New companies in 2013 149 126 99 % change 7.4% 4.8% 8.1% Record Year 2014 (160) 2004 (161) 2012 (115)
Closed Companies (dissolved)
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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.
Year Bournemouth UK 2014 1,169 367,937 2013 1,013 332,213 2012 788 293,729 2011 820 314,524 2010 1,065 342,233 Record Year 2014 (1,169) 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 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) Bournemouth UK 2014 646 190,730 2013 545 177,021 % change 18.5% 7.7% Record Year 2014 (646) 2009 (244,544) Dissolved Companies by Half Year
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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) Bournemouth UK 2014 288 89,060 2013 266 90,851 % change 8.3% -2.0% Record Year 2014 (288) 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 Bournemouth when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 84 95 109 Closed companies in 2013 102 74 90 % change -17.6% 28.4% 21% Record Year 2013 (102) 2009 (99) 2014 (109)
Net Company Growth
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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.
Year Bournemouth UK 2014 570 214,114 2013 554 197,150 2012 826 198,164 2011 540 138,346 2010 51 58,125 Record Year 2012 (826) 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 Bournemouth increased by 183 companies.
Half Year (Jul-Dec) Bournemouth UK 2014 183 90,590 2013 217 82,910 Record Year 2012 (418) 2003 (117,772) Net Growth by Half Year
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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) Bournemouth UK 2014 111 48,846 2013 108 36,396 Record Year 2012 (222) 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 76 37 -2 Net growth in 2013 47 52 9 Record Year 2008 (76) 2004 (121) 2012 (88)
UK Company Share
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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.
Year Bournemouth 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1999 (0.4%) Company Share by Year
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1995 (0.4%) Company Share by Half Year
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1996 (0.4%) 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 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.3% % change 2.2% -0.5% -7.5% Record Year 1981 (0.6%) 1975 (0.7%) 1956 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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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 CONSULTING 3.23% CONSULTING 5.22% CONSULTANCY 1.86% MANAGEMENT 4.58% MANAGEMENT 1.58% CONSULTANCY 3.57% BOURNEMOUTH 1.41% PROPERTY 2.66% DEVELOPMENTS 1.09% CONSTRUCTION 2.12% PROPERTY 0.85% ENGINEERING 2.10% DESIGN 0.77% CARE 2.02% CONSTRUCTION 0.69% TRADING 1.94% CONSULTANTS 0.69% LONDON 1.93% PROPERTIES 0.65% TRANSPORT 1.93% ASSOCIATES 0.65% DESIGN 1.66% J 0.65% CONSULTANTS 1.64% SOUTH 0.61% ELECTRICAL 1.62% IT 0.61% PROPERTIES 1.62% INVESTMENTS 0.61% BUSINESS 1.56% CARE 0.53% J 1.54% DORSET 0.48% CO., 1.50% DIGITAL 0.48% GLOBAL 1.49% CLEANING 0.48% INVESTMENTS 1.48% ROAD 0.44% ASSOCIATES 1.47% BUSINESS 0.44% DEVELOPMENTS 1.35% FREEHOLD 0.44% MEDIA 1.33% MARKETING 0.40% IT 1.31% R 0.40% BUILDING 1.29% QUANTUM 0.40% 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 781 265,608 62020 - Information technology consultancy activities 296 30,178 70229 - Management consultancy activities other than financial management 172 42,290 99999 - Dormant Company 153 48,509 82990 - Other business support service activities not elsewhere classified 92 58,068 62090 - Other information technology service activities 87 12,837 96090 - Other service activities not elsewhere classified 87 29,009 98000 - Residents property management 63 5,255 41100 - Development of building projects 47 11,397 47910 - Retail sale via mail order houses or via Internet 45 10,107 68209 - Other letting and operating of own or leased real estate 41 11,212 68320 - Management of real estate on a fee or contract basis 38 6,010 86900 - Other human health activities 33 12,976 56101 - Licensed restaurants 30 8,782 74909 - Other professional, scientific and technical activities not elsewhere classified 29 19,049 74990 - Non-trading company 29 13,984 70221 - Financial management 28 3,608 62012 - Business and domestic software development 25 9,752 56103 - Take-away food shops and mobile food stands 23 8,318 43210 - Electrical installation 23 5,985
Recent Companies
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Randomly selected companies from this quarter
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