Bridgwater, Somerset
2010 Annual Business Confidence Report
Headlines
- October 2010 saw a new record in company registrations in Bridgwater when compared to any previous October.
- October 2010 saw a new record in company closures in Bridgwater when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 198 companies were formed in Bridgwater in 2010. This total is 5.7% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Bridgwater UK 2010 198 400,358 2009 210 362,675 2008 211 349,203 2007 244 457,649 2006 230 405,440 Record Year 2007 (244) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 101 companies were formed in Bridgwater. This figure is 2.0% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Bridgwater occurred in 2006 when a total of 123 were formed.
Half Year (Jul-Dec) Bridgwater UK 2010 101 196,609 2009 99 180,654 % change 2.0% 8.8% Record Year 2006 (123) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 43 companies were registered in Bridgwater during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 2.3% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bridgwater UK 2010 43 95,117 2009 44 85,983 % change -2.3% 10.6% Record Year 2006 (62) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company registrations in Bridgwater when compared to any previous October.
New Companies by Month
October November December New companies in 2010 26 11 6 New companies in 2009 18 15 11 % change 44.4% -26.7% -45.5% Record Year 2010 (26) 2006 (25) 2006 (17)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 156 companies were dissolved in Bridgwater in 2010. This total is 35.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Bridgwater UK 2010 156 342,232 2009 240 533,773 2008 101 237,901 2007 92 220,295 2006 108 200,166 Record Year 2009 (240) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 75 companies were dissolved in Bridgwater. This figure is 39.0% lower than last year, which compares well to the UK wide change of -32.7%.
The highest total for a second half year in Bridgwater occurred in 2009 when a total of 123 were closed.
Half Year (Jul-Dec) Bridgwater UK 2010 75 164,601 2009 123 244,537 % change -39.0% -32.7% Record Year 2009 (123) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 37 companies were dissolved in Bridgwater during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 30.2% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Bridgwater UK 2010 37 76,896 2009 53 85,136 % change -30.2% -9.7% Record Year 2009 (53) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Bridgwater when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 19 11 7 Closed companies in 2009 11 21 21 % change 72.7% -47.6% -67% Record Year 2010 (19) 2009 (21) 2009 (21)
Net Company Growth
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Annual Data (2010)
A total of 42 companies were added to the company register for Bridgwater in 2010. This number represents growth of 20.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 72 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Bridgwater company register grew by 152 companies.
Year Bridgwater UK 2010 42 58,126 2009 -30 -171,098 2008 110 111,302 2007 152 237,354 2006 122 205,274 Record Year 2007 (152) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Bridgwater increased by 26 companies.
Half Year (Jul-Dec) Bridgwater UK 2010 26 32,008 2009 -24 -63,883 Record Year 2006 (77) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Bridgwater during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 6 companies.
fourth quarter (Oct 2010 - Dec 2010) Bridgwater UK 2010 6 18,221 2009 -9 847 Record Year 2006 (33) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 7 0 -1 Net growth in 2009 7 -6 -10 Record Year 2008 (15) 2006 (16) 2001 (12)
UK Company Share
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Annual Data (2010)
In 2010 Bridgwater formed 0.0% of all UK companies. This is a decline on 2009 when Bridgwater was responsible for 0.1% of all UK companies.
Year Bridgwater 2010 0.0% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Bridgwater formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Bridgwater 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1960 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Bridgwater formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Bridgwater 2010 0.0% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.0% 0.0% UK formation share in 2009 0.1% 0.0% 0.0% % change 26.5% -34.6% -48.1% Record Year 1974 (0.3%) 1974 (0.3%) 1961 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 47.5.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 7.1% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 49.9.
The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 50.5.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 9.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Bridgwater was 1857 when 36.4% of all directors were female.
The percentage of female directors in Bridgwater in 2010 was 37.5%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Bridgwater was 1860 when 42.9% of all directors were female.
38.0% of all director appointments in Bridgwater in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Bridgwater was in 1977 when 31.1% of all directors were female.
45.3% of all director appointments in Bridgwater in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SOMERSET 2.01% CONSULTING 5.06% HOUSE 1.26% MANAGEMENT 5.01% SONS 1.01% CONSULTANCY 3.14% D 1.01% PROPERTY 2.36% (SW) 1.01% TRADING 2.11% PLASTERING 0.75% ASSOCIATES 1.95% F 0.75% DESIGN 1.92% REAL 0.75% BUSINESS 1.82% ENGINEERING 0.75% CONSTRUCTION 1.82% (SOUTH 0.75% CONSULTANTS 1.76% WEST) 0.75% MEDIA 1.71% LAND 0.75% ENGINEERING 1.62% N 0.75% LONDON 1.60% BRIDGWATER 0.75% CARE 1.45% INVESTMENTS 0.75% INVESTMENTS 1.44% DEVELOPMENTS 0.75% GLOBAL 1.43% CONSULTANCY 0.75% J 1.42% PLUS 0.75% IT 1.41% PROPERTY 0.75% PROPERTIES 1.34% QUANTOCK 0.50% INTERNATIONAL 1.34% W 0.50% BUILDING 1.34% (WILLAND) 0.50% M 1.30% H 0.50% ELECTRICAL 1.25% MANAGEMENT 0.50% SYSTEMS 1.24% I 0.50% S 1.23%
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 83 199,572 7487 - Other business activities 31 63,348 82990 - Other business support service activities not elsewhere classified 27 27,550 99999 - Dormant Company 15 16,285 70229 - Management consultancy activities other than financial management 12 14,505 9999 - Dormant Company 11 20,144 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,088 7414 - Business & management consultancy 7 13,474 4521 - General construction & civil engineering 7 6,598 62090 - Other information technology service activities 6 6,330 7260 - Other computer related activities 5 8,089 96090 - Other service activities not elsewhere classified 5 8,799 7032 - Manage real estate, fee or contract 5 2,235 68320 - Management of real estate on a fee or contract basis 5 3,097 5263 - Other non-store retail sale 4 1,880 62020 - Information technology consultancy activities 4 9,177 43210 - Electrical installation 4 2,980 5552 - Catering 4 2,157 7011 - Development & sell real estate 4 2,949 8514 - Other human health activities 3 2,450
Recent Companies
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Randomly selected companies from this quarter
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