Frome, Somerset
2010 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2010)
A total of 139 companies were formed in Frome in 2010. This total is 39.0% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Frome UK 2010 139 400,358 2009 100 362,675 2008 117 349,203 2007 158 457,649 2006 115 405,440 Record Year 2007 (158) 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 63 companies were formed in Frome. This figure is 23.5% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Frome occurred in 2003 when a total of 77 were formed.
Half Year (Jul-Dec) Frome UK 2010 63 196,609 2009 51 180,654 % change 23.5% 8.8% Record Year 2003 (77) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 29 companies were registered in Frome during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 38.1% versus the same period last year (Q4 2009). This figure compares well 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) Frome UK 2010 29 95,117 2009 21 85,983 % change 38.1% 10.6% Record Year 2004 (33) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 13 9 7 New companies in 2009 12 5 4 % change 8.3% 80.0% 75.0% Record Year 2004 (16) 1999 (10) 2004 (10)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 93 companies were dissolved in Frome in 2010. This total is 34.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Frome UK 2010 93 342,232 2009 142 533,773 2008 70 237,901 2007 67 220,295 2006 62 200,166 Record Year 2009 (142) 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 41 companies were dissolved in Frome. This figure is 42.3% lower than last year, which compares well to the UK wide change of -32.7%.
The highest total for a second half year in Frome occurred in 2009 when a total of 71 were closed.
Half Year (Jul-Dec) Frome UK 2010 41 164,601 2009 71 244,537 % change -42.3% -32.7% Record Year 2009 (71) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 18 companies were dissolved in Frome during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 41.9% 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) Frome UK 2010 18 76,896 2009 31 85,136 % change -41.9% -9.7% Record Year 2009 (31) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 10 5 3 Closed companies in 2009 8 12 11 % change 25.0% -58.3% -73% Record Year 2010 (10) 2009 (12) 2009 (11)
Net Company Growth
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Annual Data (2010)
A total of 46 companies were added to the company register for Frome in 2010. This number represents growth of 46.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 88 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Frome company register grew by 113 companies.
Year Frome UK 2010 46 58,126 2009 -42 -171,098 2008 47 111,302 2007 91 237,354 2006 53 205,274 Record Year 2003 (113) 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 Frome increased by 22 companies.
Half Year (Jul-Dec) Frome UK 2010 22 32,008 2009 -20 -63,883 Record Year 2003 (53) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Frome during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 11 companies.
fourth quarter (Oct 2010 - Dec 2010) Frome UK 2010 11 18,221 2009 -10 847 Record Year 2003 (18) 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 3 4 4 Net growth in 2009 4 -7 -7 Record Year 2003 (10) 1997 (5) 2004 (9)
UK Company Share
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Annual Data (2010)
In 2010 Frome formed 0.0% of all UK companies. This is no change on 2009 when Frome was responsible for 0.0% of all UK companies.
Year Frome 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Frome formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Frome 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1980 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Frome formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Frome 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1980 (0.1%) 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 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.0% 0.0% % change -5.2% 60.7% 66.5% Record Year 1969 (0.2%) 1975 (0.1%) 1980 (0.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 47.6.
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 6.7% 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 49.4.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 11.9% 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 47.6.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 7.6% 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 Frome was 1857 when 36.4% of all directors were female.
The percentage of female directors in Frome in 2010 was 30.4%. 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 Frome was 1860 when 42.9% of all directors were female.
34.4% of all director appointments in Frome 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 Frome was in 1977 when 31.1% of all directors were female.
30.6% of all director appointments in Frome 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 FROME 2.09% CONSULTING 5.06% CONSTRUCTION 1.74% MANAGEMENT 5.01% CENTRE 1.39% CONSULTANCY 3.14% MANAGEMENT 1.39% PROPERTY 2.36% ASSOCIATES 1.05% TRADING 2.11% M 1.05% ASSOCIATES 1.95% CO 1.05% DESIGN 1.92% HAIR 1.05% BUSINESS 1.82% MAINTENANCE 0.70% CONSTRUCTION 1.82% DESIGN 0.70% CONSULTANTS 1.76% BUILDING 0.70% MEDIA 1.71% T 0.70% ENGINEERING 1.62% BEAUTY 0.70% LONDON 1.60% DIGITAL 0.70% CARE 1.45% PROPERTIES 0.70% INVESTMENTS 1.44% COMMUNITY 0.70% GLOBAL 1.43% BARTON 0.70% J 1.42% IT 0.70% IT 1.41% EDUCATION 0.70% PROPERTIES 1.34% FINE 0.70% INTERNATIONAL 1.34% MIAH 0.70% BUILDING 1.34% INTEREST 0.70% M 1.30% CO. 0.70% ELECTRICAL 1.25% CONSULTING 0.70% SYSTEMS 1.24% INTERIORS 0.70% 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 37 199,572 7487 - Other business activities 20 63,348 70229 - Management consultancy activities other than financial management 9 14,505 9999 - Dormant Company 7 20,144 82990 - Other business support service activities not elsewhere classified 7 27,550 74909 - Other professional, scientific and technical activities not elsewhere classified 5 7,088 68209 - Other letting and operating of own or leased real estate 4 3,755 41100 - Development of building projects 3 3,765 8042 - Adult and other education 3 2,142 9305 - Other service activities 3 8,858 99999 - Dormant Company 3 16,285 96090 - Other service activities not elsewhere classified 3 8,799 4521 - General construction & civil engineering 3 6,598 7222 - Other software consultancy and supply 3 7,298 32990 - Other manufacturing not elsewhere classified 2 1,405 9262 - Other sporting activities 2 1,599 42110 - Construction of roads and motorways 2 210 5263 - Other non-store retail sale 2 1,880 43999 - Other specialised construction activities not elsewhere classified 2 2,854 68320 - Management of real estate on a fee or contract basis 2 3,097
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07454999 MIDSOMER BEAUTY SALON LTD 30 Nov 2010 07454858 MACK CIVILS AND CONSTRUCTION LIMITED 30 Nov 2010 07451737 INNERTAR HOLDINGS LTD 25 Nov 2010 07451219 NEXT VERSE LTD 25 Nov 2010 07448584 LET THEM EAT CAKE (GB) LTD. 23 Nov 2010 07444840 APEX GUARDIANS LIMITED 18 Nov 2010 07444396 C3X LIMITED 18 Nov 2010 07440092 TRAIL AND OFFROAD EVENTS LTD 15 Nov 2010 07428472 M & V LETTINGS LIMITED 03 Nov 2010