Bridgwater, Somerset

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Bridgwater when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Bridgwater when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Bridgwater when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Bridgwater when compared to any previous Q4.

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 Bridgwater when compared to any year in history.

    A total of 270 companies were formed in Bridgwater in 2014. This total is 1.1% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBridgwaterUK
    2014270582,051
    2013267529,363
    2012242491,893
    2011225452,870
    2010198400,358
    Record Year2014 (270)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 Bridgwater when compared to any previous second half year.

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

    In the second half of 2014 a total of 143 companies were formed in Bridgwater. This figure is 4.4% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Bridgwater occurred in 2014 when a total of 143 were formed.

    Half Year (Jul-Dec)BridgwaterUK
    2014143281,320
    2013137259,931
    % change4.4%8.2%
    Record Year2014 (143)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Bridgwater when compared to any previous Q4.

    A total of 71 companies were registered in Bridgwater during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 1.4% versus the same period last year (Q4 2013). This figure compares badly 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)BridgwaterUK
    201471137,906
    201370127,247
    % change1.4%8.4%
    Record Year 2014 (71) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014292517
    New companies in 2013293011
    % change0.0%-16.7%54.5%
    Record Year2013 (29)2013 (30)2011 (19)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 207 companies were dissolved in Bridgwater in 2014. This total is 31.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearBridgwaterUK
    2014207367,937
    2013157332,213
    2012134293,729
    2011147314,524
    2010156342,233
    Record Year2009 (240)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 103 companies were dissolved in Bridgwater. This figure is 10.8% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Bridgwater occurred in 2009 when a total of 123 were closed.

    Half Year (Jul-Dec)BridgwaterUK
    2014103190,730
    201393177,021
    % change10.8%7.7%
    Record Year2009 (123)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 52 companies were dissolved in Bridgwater during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 20.9% 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)BridgwaterUK
    20145289,060
    20134390,851
    % change20.9%-2.0%
    Record Year 2009 (53) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014191518
    Closed companies in 201316819
    % change18.8%87.5%-5%
    Record Year2010 (19)2009 (21)2009 (21)

Net Company Growth

  1. Annual Data (2014)

    A total of 63 companies were added to the company register for Bridgwater in 2014. This number represents growth of 23.3% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 47 companies lower 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.

    YearBridgwaterUK
    201463214,114
    2013110197,150
    2012108198,164
    201178138,346
    20104258,125
    Record Year2007 (152)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Bridgwater increased by 40 companies.

    Half Year (Jul-Dec)BridgwaterUK
    20144090,590
    20134482,910
    Record Year2006 (77)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Bridgwater during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 19 companies.

    fourth quarter (Oct 2014 - Dec 2014)BridgwaterUK
    20141948,846
    20132736,396
    Record Year 2006 (33) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141010-1
    Net growth in 20131322-8
    Record Year2008 (15)2013 (22)2001 (12)

UK Company Share

  1. Annual Data (2014)

    In 2014 Bridgwater formed 0.0% of all UK companies. This is a decline on 2013 when Bridgwater was responsible for 0.1% of all UK companies.

    YearBridgwater
    20140.0%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1999 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Bridgwater formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Bridgwater
    20140.1%
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    Record Year (since 1960) 1999 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Bridgwater formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Bridgwater
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1972 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.0%
    UK formation share in 20130.1%0.1%0.0%
    % change-4.8%-20.8%32.4%
    Record Year1972 (0.3%)2002 (0.1%)1990 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.6.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.6% 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 45.0.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% 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 44.9.

    The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.6% 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 Bridgwater was 1982 when 100.0% of all directors were female.

    The percentage of female directors in Bridgwater in 2014 was 30.4%. 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 Bridgwater was 2010 when 38.0% of all directors were female.

    32.7% of all director appointments in Bridgwater 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 Bridgwater was in 2010 when 41.1% of all directors were female.

    30.7% of all director appointments in Bridgwater 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
    TRADING0.98%CONSULTING5.22%
    CONSULTING0.98%MANAGEMENT4.58%
    BUILDING0.78%CONSULTANCY3.57%
    SOMERSET0.78%PROPERTY2.66%
    DESIGN0.78%CONSTRUCTION2.12%
    BRIDGWATER0.78%ENGINEERING2.10%
    H0.78%CARE2.02%
    TREE0.59%TRADING1.94%
    S0.59%LONDON1.93%
    WINDOWS0.59%TRANSPORT1.93%
    SOUTH0.59%DESIGN1.66%
    MECHANICAL0.59%CONSULTANTS1.64%
    STORE0.59%ELECTRICAL1.62%
    PROPERTY0.59%PROPERTIES1.62%
    CLEANING0.59%BUSINESS1.56%
    WEST0.59%J1.54%
    JOHN0.59%CO.,1.50%
    PROJECT0.59%GLOBAL1.49%
    MANAGEMENT0.59%INVESTMENTS1.48%
    ENGINEERING0.59%ASSOCIATES1.47%
    WS0.39%DEVELOPMENTS1.35%
    20.39%MEDIA1.33%
    HOMES0.39%IT1.31%
    BODEN0.39%BUILDING1.29%
    JAMES0.39%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied123265,608
    82990 - Other business support service activities not elsewhere classified2458,068
    99999 - Dormant Company2248,509
    70229 - Management consultancy activities other than financial management1942,290
    96090 - Other service activities not elsewhere classified1329,009
    41100 - Development of building projects1111,397
    74909 - Other professional, scientific and technical activities not elsewhere classified1019,049
    62020 - Information technology consultancy activities930,178
    43210 - Electrical installation95,985
    62090 - Other information technology service activities912,837
    49410 - Freight transport by road710,842
    68209 - Other letting and operating of own or leased real estate711,212
    41202 - Construction of domestic buildings77,559
    74990 - Non-trading company613,984
    43999 - Other specialised construction activities not elsewhere classified68,761
    74100 - specialised design activities64,841
    47910 - Retail sale via mail order houses or via Internet610,107
    68320 - Management of real estate on a fee or contract basis66,010
    93199 - Other sports activities54,176
    86900 - Other human health activities512,976

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09343289 THE PHOENIX FOUNDATION 05 Dec 2014
    09351632 CURRYPOOL RENEWABLES LIMITED 11 Dec 2014
    09357559 MONDIAL PLUS LIMITED 16 Dec 2014
    09336850 STC SOUTHWEST LIMITED 02 Dec 2014
    09350784 JUNIPER HOMES (SOUTHVILLE) LIMITED 11 Dec 2014
    09351042 DIAMOND SMOKED PRODUCTS LIMITED 11 Dec 2014
    09355135 PGN TRANSPORTATION LTD 15 Dec 2014
    09355454 WESSEX SURFACING LIMITED 15 Dec 2014
    09356670 CPPL LIMITED 16 Dec 2014
    09357199 MARUTI CONVENIENCE STORE LIMITED 16 Dec 2014
    09358527 RAILWAY PROJECT SOLUTIONS LTD 17 Dec 2014
    09359790 STORE INFO LIMITED 18 Dec 2014
    09364669 MC MECHANICAL (SOMERSET) LIMITED 22 Dec 2014
    09369853 G M INTERIORS AND EXTERIORS LTD 30 Dec 2014
    09334738 ACORN SCAFFOLDING LIMITED 01 Dec 2014
    09337880 MUSICMONDE LTD 02 Dec 2014
    09357148 WILSON STONE (AGRICULTURAL CONTRACTING) LIMITED 16 Dec 2014

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