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
New Company Registrations
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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) Somerset UK 2012 1,115 131,491 2011 1,002 116,391 % change 11.3% 13.0% Record Year 2007 (1,188) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 326 361 428 New companies in 2011 288 360 354 % change 13.2% 0.3% 20.9% Record Year 2003 (343) 2012 (361) 2007 (563)
Closed Companies (dissolved)
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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) Somerset UK 2012 514 67,576 2011 663 90,986 % change -22.5% -25.7% Record Year 2009 (684) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 149 190 175 Closed companies in 2011 257 203 203 % change -42.0% -6.4% -14% Record Year 2011 (257) 2008 (221) 2009 (422)
Net Company Growth
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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) Somerset UK 2012 601 63,915 2011 339 25,405 Record Year 2003 (784) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 177 171 253 Net growth in 2011 31 157 151 Record Year 2003 (216) 2003 (256) 2007 (437)
UK Company Share
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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 2012 0.8% 2011 0.9% 2010 0.9% 2009 0.8% 2008 0.9% Record Year (since 1960) 1981 (1.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.8% 0.8% 0.9% UK formation share in 2011 0.9% 1.0% 0.8% % change -2.9% -14.2% 13.1% Record Year 1967 (1.7%) 1991 (1.7%) 1981 (2.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.85% CONSULTING 5.07% CONSULTING 1.59% MANAGEMENT 4.74% CONSULTANCY 1.23% CONSULTANCY 3.30% WEST 0.86% PROPERTY 2.37% BATH 0.86% TRADING 2.07% ASSOCIATES 0.84% DESIGN 1.93% WRS 0.84% ENGINEERING 1.86% PROPERTY 0.76% ASSOCIATES 1.84% J 0.72% CONSULTANTS 1.79% SCHOOL 0.70% BUSINESS 1.73% SOMERSET 0.68% MEDIA 1.72% DESIGN 0.66% CONSTRUCTION 1.72% (SOUTH 0.66% LONDON 1.66% MEDIA 0.66% J 1.54% BUSINESS 0.62% INVESTMENTS 1.51% WEST) 0.60% GLOBAL 1.50% SOUTH 0.60% IT 1.40% CONSULTANTS 0.58% CARE 1.34% ENGINEERING 0.58% PROPERTIES 1.31% TRAINING 0.58% ELECTRICAL 1.27% ENTERPRISES 0.58% M 1.27% HOUSE 0.54% BUILDING 1.24% BUILDING 0.54% ENERGY 1.20% ELECTRICAL 0.54% S 1.20% CONSTRUCTION 0.52% ENTERPRISES 1.19%
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 1,271 216,665 7487 - Other business activities 353 52,735 82990 - Other business support service activities not elsewhere classified 234 35,233 70229 - Management consultancy activities other than financial management 214 19,704 99999 - Dormant Company 195 25,084 9999 - Dormant Company 129 18,617 7414 - Business & management consultancy 128 12,113 74909 - Other professional, scientific and technical activities not elsewhere classified 115 9,892 62020 - Information technology consultancy activities 102 14,303 96090 - Other service activities not elsewhere classified 84 13,637 9305 - Other service activities 68 8,818 7222 - Other software consultancy and supply 65 6,934 62090 - Other information technology service activities 62 8,145 41100 - Development of building projects 62 4,984 68209 - Other letting and operating of own or leased real estate 61 4,427 74990 - Non-trading company 61 9,729 69201 - Accounting and auditing activities 54 4,132 86900 - Other human health activities 52 5,066 7499 - Non-trading company 51 9,102 43999 - Other specialised construction activities not elsewhere classified 49 3,931
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07934351 DELMARA LIMITED 02 Feb 2012 07938469 THIS IS MY MOVE LTD 07 Feb 2012 07941807 ECONOTRUCK LTD 08 Feb 2012 07944345 MONTE CARLO MEDIA LIMITED 10 Feb 2012 07949208 ACER ACCOUNTANCY LIMITED 14 Feb 2012 07956484 FUTUREFOLIO LIMITED 20 Feb 2012 07956491 UMT (HOLDINGS) LIMITED 20 Feb 2012 07967372 COA TRADING LTD 28 Feb 2012 07936073 STONETREE LIMITED 03 Feb 2012 07937038 NC BATH LTD 06 Feb 2012 07943080 PROJIVITY LTD 09 Feb 2012 07956417 TRAUMA FOUNDATION SOUTH WEST 20 Feb 2012 07942482 3DT NETWORK LIMITED 09 Feb 2012 07942510 BATH BUSINESS ANALYSIS AND IMPROVEMENT LIMITED 09 Feb 2012 07961100 DAVID PILKINGTON LTD 22 Feb 2012 07961652 SRH ARTS MANAGEMENT LTD 23 Feb 2012 07964326 IQ TELEMATIQS LIMITED 24 Feb 2012 07965477 TREASURE CARPENTRY LIMITED 27 Feb 2012 07942544 PYTHON COMMUNICATIONS LIMITED 09 Feb 2012 07950551 CORNUCOPIC LIMITED 15 Feb 2012 07957923 DOTNET LTD 21 Feb 2012 07931112 MED DINING LTD 01 Feb 2012 07949256 GB SUPPORT LIMITED 14 Feb 2012 07958649 BLUESKYTEC LTD 21 Feb 2012 07964996 INWOOD MOSS LIMITED 24 Feb 2012
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