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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

  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. 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)SomersetUK
    20122,104253,150
    20111,928228,735
    % change9.1%10.7%
    Record Year2003 (2,117)2007 (279,097)
    New Companies by Half Year
  2. 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)SomersetUK
    2012989121,659
    2011926112,344
    % change6.8%8.3%
    Record Year 2003 (1,025) 2012 (121,659)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2012360358271
    New companies in 2011305334287
    % change18.0%7.2%-5.6%
    Record Year2003 (366)2012 (358)2003 (307)

Closed Companies (dissolved)

  1. 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)SomersetUK
    20121,068147,793
    20111,185162,310
    % change-9.9%-8.9%
    Record Year2009 (1,850)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)SomersetUK
    201255480,217
    201152271,324
    % change6.1%12.5%
    Record Year 2009 (1,166) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012162210182
    Closed companies in 2011105250167
    % change54.3%-16.0%9%
    Record Year2009 (297)2009 (549)2009 (320)

Net Company Growth

  1. 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)SomersetUK
    20121,036105,357
    201174366,425
    Record Year2003 (1,527)2007 (171,296)
    Net Growth by Half Year
  2. 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)SomersetUK
    201243541,442
    201140441,020
    Record Year 2003 (743) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 201219814889
    Net growth in 201120084120
    Record Year2003 (274)2003 (268)2008 (212)

UK Company Share

  1. 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
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    20080.9%
    Record Year (since 1960) 1981 (1.4%)
    Company Share by Half Year
  2. 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
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    20080.9%
    Record Year (since 1960) 1981 (1.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.9%0.8%0.7%
    UK formation share in 20110.9%0.9%0.7%
    % change-0.6%-6.1%0.8%
    Record Year1970 (1.6%)1980 (1.3%)1976 (1.6%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.07%CONSULTING5.07%
    CONSULTING1.65%MANAGEMENT4.74%
    CONSULTANCY1.21%CONSULTANCY3.28%
    WEST0.86%PROPERTY2.35%
    ENGINEERING0.82%TRADING2.10%
    HOUSE0.82%DESIGN1.89%
    BATH0.82%ENGINEERING1.87%
    SOMERSET0.78%ASSOCIATES1.82%
    J0.76%CONSULTANTS1.78%
    ASSOCIATES0.74%CONSTRUCTION1.71%
    PROPERTY0.74%BUSINESS1.70%
    TRAINING0.66%MEDIA1.69%
    SOUTH0.66%LONDON1.68%
    DESIGN0.64%J1.57%
    ELECTRICAL0.62%GLOBAL1.51%
    CONSTRUCTION0.62%INVESTMENTS1.48%
    BUSINESS0.62%IT1.42%
    ENTERPRISES0.60%CARE1.31%
    (SOUTH0.58%PROPERTIES1.31%
    MEDIA0.58%M1.26%
    WEST)0.56%ELECTRICAL1.23%
    CENTRE0.52%BUILDING1.23%
    CONSULTANTS0.52%SECURITY1.19%
    SYSTEMS0.52%S1.18%
    FARM0.50%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,510244,457
    7487 - Other business activities31947,029
    82990 - Other business support service activities not elsewhere classified21935,447
    70229 - Management consultancy activities other than financial management21520,390
    99999 - Dormant Company18926,088
    9999 - Dormant Company11616,469
    74909 - Other professional, scientific and technical activities not elsewhere classified11410,271
    7414 - Business & management consultancy11110,978
    62020 - Information technology consultancy activities10815,280
    96090 - Other service activities not elsewhere classified9114,220
    41100 - Development of building projects725,149
    74990 - Non-trading company649,706
    62090 - Other information technology service activities628,258
    9305 - Other service activities617,926
    68209 - Other letting and operating of own or leased real estate604,535
    7222 - Other software consultancy and supply606,356
    69201 - Accounting and auditing activities534,295
    43999 - Other specialised construction activities not elsewhere classified514,091
    7499 - Non-trading company508,023
    68320 - Management of real estate on a fee or contract basis483,365

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08015825 INNOTECH SYSTEMS LTD 02 Apr 2012
    08020584 BURNISHED LTD 04 Apr 2012
    08021256 SRH COMMUNICATIONS LTD 05 Apr 2012
    08021900 J N KELLY GLOBAL TRADING LIMITED 05 Apr 2012
    08028279 BARAQUE INVESTMENTS LIMITED 12 Apr 2012
    08030101 JOSEPH BENNETT LIMITED 13 Apr 2012
    08036174 JOWST LTD 18 Apr 2012
    08036693 FAHRENHEIT 651 LIMITED 18 Apr 2012
    08043774 NSUGG LIMITED 24 Apr 2012
    08044966 VIP GUARDIANS LTD 25 Apr 2012
    08047352 RAPHAEL & CO LIMITED 26 Apr 2012
    08014820 RETORRICK MILL LTD 02 Apr 2012
    08014935 BOOTS & BALLERINAS LTD 02 Apr 2012
    08015202 RETORRICK MILL HOSPITALITY LTD 02 Apr 2012
    08019191 ACCOUNTANCY BATH LTD 04 Apr 2012
    08044104 ARUM STUDIO LTD 24 Apr 2012
    08025876 FRANCIS HOUSE MANAGEMENT LIMITED 11 Apr 2012
    08017761 GADGETS EXPRESS LIMITED 03 Apr 2012
    08017820 RICCO GADGETS LIMITED 03 Apr 2012
    08020893 TRACK ENGINEERING LTD 05 Apr 2012
    08027439 MUTTS & HOUNDS LIMITED 12 Apr 2012
    08036899 OVAL ESTATES (CHILCOMPTON) LTD 19 Apr 2012
    08039704 ANUBIS SECURITY LTD 20 Apr 2012
    08043611 GUMPTION LTD 24 Apr 2012
    08044210 GREENLIGHTHELP LIMITED 24 Apr 2012