Frome, Somerset
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Frome when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Frome when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Frome when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Frome when compared to any previous Q4.
- Q4 2014 was a record quarter for company registrations in Frome when compared to any quarter in history.
- December 2014 saw a new record in company registrations in Frome when compared to any previous December.
- October 2014 saw a new record in company registrations in Frome when compared to any previous October.
- October 2014 was a record month for company registrations in Frome when compared to any month in history.
- December 2014 saw a new record in company closures in Frome when compared to any previous December.
- October 2014 saw a new record in net growth in Frome when compared to any previous October.
- October 2014 was a record month for net growth in Frome when compared to any month in history.
- The record second half year for female directors in Frome was 2014 when 38.4% of all directors were female.
- The record fourth quarter for female directors in Frome was in 2014 when 42.3% of all directors were female.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Frome when compared to any year in history.
A total of 198 companies were formed in Frome in 2014. This total is 10.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Frome UK 2014 198 582,051 2013 179 529,363 2012 159 491,893 2011 155 452,870 2010 139 400,358 Record Year 2014 (198) 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 Frome when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Frome when compared to any half year in history.
In the second half of 2014 a total of 103 companies were formed in Frome. This figure is 14.4% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Frome occurred in 2014 when a total of 103 were formed.
Half Year (Jul-Dec) Frome UK 2014 103 281,320 2013 90 259,931 % change 14.4% 8.2% Record Year 2014 (103) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Frome when compared to any previous Q4.
Q4 2014 was a record quarter for company registrations in Frome when compared to any quarter in history.
A total of 57 companies were registered in Frome during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 42.5% versus the same period last year (Q4 2013). This figure compares well 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) Frome UK 2014 57 137,906 2013 40 127,247 % change 42.5% 8.4% Record Year 2014 (57) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Frome when compared to any previous December.
October 2014 saw a new record in company registrations in Frome when compared to any previous October.
October 2014 was a record month for company registrations in Frome when compared to any month in history.
New Companies by Month
October November December New companies in 2014 26 14 17 New companies in 2013 9 18 13 % change 188.9% -22.2% 30.8% Record Year 2014 (26) 2011 (18) 2014 (17)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 124 companies were dissolved in Frome in 2014. This total is 69.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Frome UK 2014 124 367,937 2013 73 332,213 2012 66 293,729 2011 103 314,524 2010 93 342,233 Record Year 2009 (140) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 62 companies were dissolved in Frome. This figure is 100.0% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 62 190,730 2013 31 177,021 % change 100.0% 7.7% Record Year 2009 (71) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 29 companies were dissolved in Frome during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 107.1% 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) Frome UK 2014 29 89,060 2013 14 90,851 % change 107.1% -2.0% Record Year 2009 (31) 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 Frome when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 6 10 13 Closed companies in 2013 11 2 1 % change -45.5% 400.0% 1,200% Record Year 2011 (16) 2009 (12) 2014 (13)
Net Company Growth
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Annual Data (2014)
A total of 74 companies were added to the company register for Frome in 2014. This number represents growth of 37.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 32 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Frome company register grew by 106 companies.
Year Frome UK 2014 74 214,114 2013 106 197,150 2012 93 198,164 2011 52 138,346 2010 46 58,125 Record Year 2013 (106) 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 Frome increased by 41 companies.
Half Year (Jul-Dec) Frome UK 2014 41 90,590 2013 59 82,910 Record Year 2013 (59) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Frome during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 28 companies.
fourth quarter (Oct 2014 - Dec 2014) Frome UK 2014 28 48,846 2013 26 36,396 Record Year 2014 (28) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Frome when compared to any previous October.
October 2014 was a record month for net growth in Frome when compared to any month in history.
Net Growth by Month
October November December Net growth in 2014 20 4 4 Net growth in 2013 -2 16 12 Record Year 2014 (20) 2013 (16) 2013 (12)
UK Company Share
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Annual Data (2014)
In 2014 Frome formed 0.0% of all UK companies. This is no change on 2013 when Frome was responsible for 0.0% of all UK companies.
Year Frome 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1999 (0.0%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Frome formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Frome 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2011 (0.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Frome formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Frome 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2000 (0.0%) 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 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change 174.2% -26.3% 12.0% Record Year 2004 (0.1%) 1999 (0.1%) 1990 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.5.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 1.8% 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 44.4.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.1% 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 45.6.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 0.0% 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 Frome was 1976 when 100.0% of all directors were female.
The percentage of female directors in Frome in 2014 was 34.8%. 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 Frome was 2014 when 38.4% of all directors were female.
38.4% of all director appointments in Frome 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 Frome was in 2014 when 42.3% of all directors were female.
42.3% of all director appointments in Frome 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 FROME 2.02% CONSULTING 5.22% CONSULTANCY 1.51% MANAGEMENT 4.58% MANAGEMENT 1.51% CONSULTANCY 3.57% SURFACING 1.26% PROPERTY 2.66% CONTRACTING 1.26% CONSTRUCTION 2.12% JOHN 1.01% ENGINEERING 2.10% DESIGN 1.01% CARE 2.02% CONSULTING 1.01% TRADING 1.94% WE 1.01% LONDON 1.93% CIC 1.01% TRANSPORT 1.93% (FROME) 0.76% DESIGN 1.66% WEST 0.76% CONSULTANTS 1.64% BAKER 0.76% ELECTRICAL 1.62% GRAY 0.76% PROPERTIES 1.62% RECRUITMENT 0.76% BUSINESS 1.56% PAINT 0.76% J 1.54% PROPERTY 0.76% CO., 1.50% HOUSE 0.76% GLOBAL 1.49% HIGH 0.76% INVESTMENTS 1.48% P 0.76% ASSOCIATES 1.47% TRANSPORT 0.76% DEVELOPMENTS 1.35% ANY 0.76% MEDIA 1.33% HEATING 0.50% IT 1.31% PLUMBING 0.50% BUILDING 1.29% SPECIALISTS 0.50% 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 38 265,608 70229 - Management consultancy activities other than financial management 20 42,290 82990 - Other business support service activities not elsewhere classified 17 58,068 99999 - Dormant Company 13 48,509 62020 - Information technology consultancy activities 13 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 12 19,049 42110 - Construction of roads and motorways 11 450 86900 - Other human health activities 5 12,976 96090 - Other service activities not elsewhere classified 5 29,009 43999 - Other specialised construction activities not elsewhere classified 5 8,761 45200 - Maintenance and repair of motor vehicles 5 5,425 41202 - Construction of domestic buildings 5 7,559 58110 - Book publishing 5 1,304 96040 - Physical well-being activities 5 1,292 85590 - Other education not elsewhere classified 5 6,206 69201 - Accounting and auditing activities 4 7,528 93290 - Other amusement and recreation activities not elsewhere classified 4 2,590 90030 - Artistic creation 4 4,610 43220 - Plumbing, heat and air-conditioning installation 4 5,189 73110 - Advertising agencies 4 4,140
Recent Companies
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Randomly selected companies from this quarter