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Somerset

Q1 2012 Business Confidence Report

Headlines

  • February 2012 saw a new record in company registrations in Somerset when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 1,115 companies were registered in Somerset during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 11.3% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)SomersetUK
    20121,115131,491
    20111,002116,391
    % change11.3%13.0%
    Record Year 2007 (1,188) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Somerset when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012326361428
    New companies in 2011288360354
    % change13.2%0.3%20.9%
    Record Year2003 (343)2012 (361)2007 (563)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 514 companies were dissolved in Somerset during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 22.5% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)SomersetUK
    201251467,576
    201166390,986
    % change-22.5%-25.7%
    Record Year 2009 (684) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012149190175
    Closed companies in 2011257203203
    % change-42.0%-6.4%-14%
    Record Year2011 (257)2008 (221)2009 (422)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Somerset during the first quarter of 2012 (Jan 2012 - Mar 2012) was 601 companies.

    first quarter (Jan 2012 - Mar 2012)SomersetUK
    201260163,915
    201133925,405
    Record Year 2003 (784) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012177171253
    Net growth in 201131157151
    Record Year2003 (216)2003 (256)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Somerset
    20120.8%
    20110.9%
    20100.9%
    20090.8%
    20080.9%
    Record Year (since 1960) 1981 (1.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.8%0.8%0.9%
    UK formation share in 20110.9%1.0%0.8%
    % change-2.9%-14.2%13.1%
    Record Year1967 (1.7%)1991 (1.7%)1981 (2.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 45.4.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Somerset was in 1861 when 40.0% of all directors were female.

    27.4% of all director appointments in Somerset in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.85%CONSULTING5.07%
    CONSULTING1.59%MANAGEMENT4.74%
    CONSULTANCY1.23%CONSULTANCY3.30%
    WEST0.86%PROPERTY2.37%
    BATH0.86%TRADING2.07%
    ASSOCIATES0.84%DESIGN1.93%
    WRS0.84%ENGINEERING1.86%
    PROPERTY0.76%ASSOCIATES1.84%
    J0.72%CONSULTANTS1.79%
    SCHOOL0.70%BUSINESS1.73%
    SOMERSET0.68%MEDIA1.72%
    DESIGN0.66%CONSTRUCTION1.72%
    (SOUTH0.66%LONDON1.66%
    MEDIA0.66%J1.54%
    BUSINESS0.62%INVESTMENTS1.51%
    WEST)0.60%GLOBAL1.50%
    SOUTH0.60%IT1.40%
    CONSULTANTS0.58%CARE1.34%
    ENGINEERING0.58%PROPERTIES1.31%
    TRAINING0.58%ELECTRICAL1.27%
    ENTERPRISES0.58%M1.27%
    HOUSE0.54%BUILDING1.24%
    BUILDING0.54%ENERGY1.20%
    ELECTRICAL0.54%S1.20%
    CONSTRUCTION0.52%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,271216,665
    7487 - Other business activities35352,735
    82990 - Other business support service activities not elsewhere classified23435,233
    70229 - Management consultancy activities other than financial management21419,704
    99999 - Dormant Company19525,084
    9999 - Dormant Company12918,617
    7414 - Business & management consultancy12812,113
    74909 - Other professional, scientific and technical activities not elsewhere classified1159,892
    62020 - Information technology consultancy activities10214,303
    96090 - Other service activities not elsewhere classified8413,637
    9305 - Other service activities688,818
    7222 - Other software consultancy and supply656,934
    62090 - Other information technology service activities628,145
    41100 - Development of building projects624,984
    68209 - Other letting and operating of own or leased real estate614,427
    74990 - Non-trading company619,729
    69201 - Accounting and auditing activities544,132
    86900 - Other human health activities525,066
    7499 - Non-trading company519,102
    43999 - Other specialised construction activities not elsewhere classified493,931

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07932017 HART HEALTH ASSOCIATES LIMITED 01 Feb 2012
    07933946 HYDROMEL EVENTS UK LIMITED 02 Feb 2012
    07934351 DELMARA LIMITED 02 Feb 2012
    07949208 ACER ACCOUNTANCY LIMITED 14 Feb 2012
    07949572 VI-LETS LIMITED 14 Feb 2012
    07952539 CEM PRESS HOLDINGS LIMITED 16 Feb 2012
    07956484 FUTUREFOLIO LIMITED 20 Feb 2012
    07956822 ANTIBES YACHT CHARTER LTD 20 Feb 2012
    07956901 MJF HAULAGE LTD 20 Feb 2012
    07969208 BRISTOL & BATH COMMERCIALS LIMITED 29 Feb 2012
    07969424 OORT IP LIMITED 29 Feb 2012
    07969872 ALLEN MULFORD CONSULTING LTD 29 Feb 2012
    07932830 OTTER BROWN LTD 02 Feb 2012
    07947488 LEAPFROG EUROPE LIMITED 13 Feb 2012
    07948742 PENDER COMMUNICATION LIMITED 14 Feb 2012
    07956417 TRAUMA FOUNDATION SOUTH WEST 20 Feb 2012
    07966509 GRADWELL HOLDINGS LIMITED 27 Feb 2012
    07968818 RJMH ELECTRICAL LIMITED 28 Feb 2012
    07941940 A.R.D. AUTOMOTIVE LIMITED 08 Feb 2012
    07942482 3DT NETWORK LIMITED 09 Feb 2012
    07942510 BATH BUSINESS ANALYSIS AND IMPROVEMENT LIMITED 09 Feb 2012
    07944058 SECUBRAND LTD 09 Feb 2012
    07949730 MARCOM WORDS LIMITED 14 Feb 2012
    07965477 TREASURE CARPENTRY LIMITED 27 Feb 2012
    07934123 BOWLINE DEFENCE LIMITED 02 Feb 2012