Somerset
2012 Half Year Business Confidence Report
Headlines
- May 2012 saw a new record in company registrations in Somerset when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 2,104 companies were formed in Somerset. This figure is 9.1% higher than last year, which compares badly to the UK wide figure of 10.7%.
The highest total for a first half year in Somerset occurred in 2003 when a total of 2,117 were formed.
Half Year (Jan-Jun) Somerset UK 2012 2,104 253,150 2011 1,928 228,735 % change 9.1% 10.7% Record Year 2003 (2,117) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 989 companies were registered in Somerset during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 6.8% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Somerset UK 2012 989 121,659 2011 926 112,344 % change 6.8% 8.3% Record Year 2003 (1,025) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
May 2012 saw a new record in company registrations in Somerset when compared to any previous May.
New Companies by Month
April May June New companies in 2012 360 358 271 New companies in 2011 305 334 287 % change 18.0% 7.2% -5.6% Record Year 2003 (366) 2012 (358) 2003 (307)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 1,068 companies were dissolved in Somerset. This figure is 9.9% lower than last year, which compares well to the UK wide change of -8.9%.
The highest total for a first half year in Somerset occurred in 2009 when a total of 1,850 were closed.
Half Year (Jan-Jun) Somerset UK 2012 1,068 147,793 2011 1,185 162,310 % change -9.9% -8.9% Record Year 2009 (1,850) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 554 companies were dissolved in Somerset during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 6.1% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Somerset UK 2012 554 80,217 2011 522 71,324 % change 6.1% 12.5% Record Year 2009 (1,166) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 162 210 182 Closed companies in 2011 105 250 167 % change 54.3% -16.0% 9% Record Year 2009 (297) 2009 (549) 2009 (320)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Somerset increased by 1,036 companies.
Half Year (Jan-Jun) Somerset UK 2012 1,036 105,357 2011 743 66,425 Record Year 2003 (1,527) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Somerset during the second quarter of 2012 (Apr 2012 - Jun 2012) was 435 companies.
second quarter (Apr 2012 - Jun 2012) Somerset UK 2012 435 41,442 2011 404 41,020 Record Year 2003 (743) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 198 148 89 Net growth in 2011 200 84 120 Record Year 2003 (274) 2003 (268) 2008 (212)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Somerset formed 0.8% of all UK companies. This is the same as the 2011 figure of 0.8%.
Half Year (Jan-Jun) Somerset 2012 0.8% 2011 0.8% 2010 0.8% 2009 0.8% 2008 0.9% Record Year (since 1960) 1981 (1.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Somerset formed 0.8% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Somerset 2012 0.8% 2011 0.8% 2010 0.8% 2009 0.8% 2008 0.9% Record Year (since 1960) 1981 (1.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.9% 0.8% 0.7% UK formation share in 2011 0.9% 0.9% 0.7% % change -0.6% -6.1% 0.8% Record Year 1970 (1.6%) 1980 (1.3%) 1976 (1.6%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 45.5.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 45.6.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Somerset was 1861 when 40.0% of all directors were female.
26.4% of all director appointments in Somerset in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Somerset was in 1866 when 57.1% of all directors were female.
30.4% of all director appointments in Somerset in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.07% CONSULTING 5.07% CONSULTING 1.65% MANAGEMENT 4.74% CONSULTANCY 1.21% CONSULTANCY 3.28% WEST 0.86% PROPERTY 2.35% ENGINEERING 0.82% TRADING 2.10% HOUSE 0.82% DESIGN 1.89% BATH 0.82% ENGINEERING 1.87% SOMERSET 0.78% ASSOCIATES 1.82% J 0.76% CONSULTANTS 1.78% ASSOCIATES 0.74% CONSTRUCTION 1.71% PROPERTY 0.74% BUSINESS 1.70% TRAINING 0.66% MEDIA 1.69% SOUTH 0.66% LONDON 1.68% DESIGN 0.64% J 1.57% ELECTRICAL 0.62% GLOBAL 1.51% CONSTRUCTION 0.62% INVESTMENTS 1.48% BUSINESS 0.62% IT 1.42% ENTERPRISES 0.60% CARE 1.31% (SOUTH 0.58% PROPERTIES 1.31% MEDIA 0.58% M 1.26% WEST) 0.56% ELECTRICAL 1.23% CENTRE 0.52% BUILDING 1.23% CONSULTANTS 0.52% SECURITY 1.19% SYSTEMS 0.52% S 1.18% FARM 0.50% ENTERPRISES 1.17%
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 1,510 244,457 7487 - Other business activities 319 47,029 82990 - Other business support service activities not elsewhere classified 219 35,447 70229 - Management consultancy activities other than financial management 215 20,390 99999 - Dormant Company 189 26,088 9999 - Dormant Company 116 16,469 74909 - Other professional, scientific and technical activities not elsewhere classified 114 10,271 7414 - Business & management consultancy 111 10,978 62020 - Information technology consultancy activities 108 15,280 96090 - Other service activities not elsewhere classified 91 14,220 41100 - Development of building projects 72 5,149 74990 - Non-trading company 64 9,706 62090 - Other information technology service activities 62 8,258 9305 - Other service activities 61 7,926 68209 - Other letting and operating of own or leased real estate 60 4,535 7222 - Other software consultancy and supply 60 6,356 69201 - Accounting and auditing activities 53 4,295 43999 - Other specialised construction activities not elsewhere classified 51 4,091 7499 - Non-trading company 50 8,023 68320 - Management of real estate on a fee or contract basis 48 3,365
Recent Companies
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Randomly selected companies from this quarter
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