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 07976156 PRIMA ALPACAS LIMITED 05 Mar 2012 07984563 KONSTRUKT LIMITED 09 Mar 2012 07986216 HEALTHY RECIPES LIMITED 12 Mar 2012 07988947 PACKINGTON STREET RTM COMPANY 13 Mar 2012 07989414 WINTEC (SOUTH WEST) LTD 14 Mar 2012 07993681 DODIFY LTD 16 Mar 2012 07993822 CHACOUR LIMITED 16 Mar 2012 07994548 ONE LAST SCARE LTD 16 Mar 2012 07995787 AVP SOLUTIONS LIMITED 19 Mar 2012 07996041 MODLLR LTD 19 Mar 2012 08002112 CRAFTY LITTLE SHEEP LIMITED 22 Mar 2012 08010957 AVONVALE CARPETS LIMITED 29 Mar 2012 08012571 OPTIMUSTAX LIMITED 29 Mar 2012 08013939 MORESODA LABS LIMITED 30 Mar 2012 07974285 KITCHEN DETAIL LIMITED 02 Mar 2012 07975135 BATH ACTUARIAL CONSULTING LIMITED 05 Mar 2012 07979500 FREEDOM CHURCHES LIMITED 07 Mar 2012 07980713 BLOOMFIELD CARPENTRY AND JOINERY LIMITED 07 Mar 2012 07982957 CHILLI WATER LTD 08 Mar 2012 07991236 GINGER FROG LIMITED 15 Mar 2012 07996259 TROJAN MAT LIMITED 19 Mar 2012 07999298 ABBEY INNS (TRINITY) LIMITED 21 Mar 2012 08000402 LOTL LIMITED 21 Mar 2012 08003291 LA MAISON PROPERTY SERVICES LTD 23 Mar 2012 07971881 A.M.S. CLEANING SERVICES (SOUTH WEST) LTD 01 Mar 2012
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