Somerset

Q3 2012 Business Confidence Report

Headlines

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

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 (Q3 Jul-Sep 2012)

    A total of 984 companies were registered in Somerset during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a difference of 0.0% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)SomersetUK
    2012984118,868
    2011984114,512
    % change0.0%3.8%
    Record Year 2011 (984) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012375290319
    New companies in 2011301354329
    % change24.6%-18.1%-3.0%
    Record Year2012 (375)2011 (354)2003 (357)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 574 companies were dissolved in Somerset during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 7.7% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)SomersetUK
    201257474,772
    201153372,230
    % change7.7%3.5%
    Record Year 2009 (837) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012197205172
    Closed companies in 2011193201139
    % change2.1%2.0%24%
    Record Year2010 (232)2008 (435)2009 (391)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Somerset during the third quarter of 2012 (Jul 2012 - Sep 2012) was 410 companies.

    third quarter (Jul 2012 - Sep 2012)SomersetUK
    201241044,096
    201145142,282
    Record Year 2003 (623) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201217885147
    Net growth in 2011108153190
    Record Year2008 (239)2003 (223)2002 (248)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Somerset
    20120.8%
    20110.9%
    20100.8%
    20090.8%
    20080.8%
    Record Year (since 1960) 1980 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.9%0.8%0.8%
    UK formation share in 20110.8%0.9%0.8%
    % change11.9%-17.4%-4.1%
    Record Year1987 (1.5%)1966 (1.7%)1960 (1.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 45.3.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Somerset was in 1862 when 50.0% of all directors were female.

    29.8% of all director appointments in Somerset in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.03%CONSULTING5.06%
    CONSULTING1.74%MANAGEMENT4.77%
    CONSULTANCY1.18%CONSULTANCY3.29%
    J0.96%PROPERTY2.36%
    BATH0.92%TRADING2.08%
    PROPERTY0.84%DESIGN1.87%
    SOMERSET0.82%ASSOCIATES1.83%
    ENGINEERING0.82%ENGINEERING1.83%
    HOUSE0.78%CONSULTANTS1.76%
    MEDIA0.72%BUSINESS1.72%
    CONSTRUCTION0.68%CONSTRUCTION1.70%
    DESIGN0.68%MEDIA1.68%
    WEST0.68%LONDON1.67%
    BUSINESS0.66%J1.55%
    TRAINING0.64%GLOBAL1.54%
    ASSOCIATES0.64%INVESTMENTS1.47%
    ELECTRICAL0.62%IT1.43%
    (SOUTH0.60%PROPERTIES1.34%
    WEST)0.58%CARE1.32%
    SYSTEMS0.56%M1.27%
    (SW)0.54%BUILDING1.22%
    M0.54%ENTERPRISES1.21%
    FARM0.52%ELECTRICAL1.20%
    SECURITY0.52%S1.17%
    GLOBAL0.48%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,358228,243
    82990 - Other business support service activities not elsewhere classified30950,446
    70229 - Management consultancy activities other than financial management30928,990
    99999 - Dormant Company29237,912
    62020 - Information technology consultancy activities15521,969
    74909 - Other professional, scientific and technical activities not elsewhere classified14814,809
    96090 - Other service activities not elsewhere classified13420,742
    41100 - Development of building projects1067,545
    62090 - Other information technology service activities9511,950
    74990 - Non-trading company9313,641
    7487 - Other business activities9316,361
    68209 - Other letting and operating of own or leased real estate876,519
    86900 - Other human health activities767,550
    47910 - Retail sale via mail order houses or via Internet755,760
    69201 - Accounting and auditing activities745,935
    43999 - Other specialised construction activities not elsewhere classified706,008
    68320 - Management of real estate on a fee or contract basis674,786
    41202 - Construction of domestic buildings644,591
    98000 - Residents property management634,205
    45200 - Maintenance and repair of motor vehicles614,070

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08125755 ENCOMPASS RESERVOIR MANAGEMENT LTD 02 Jul 2012
    08130969 COBALT CURVE LIMITED 05 Jul 2012
    08131113 REDBEAN MANAGEMENT LIMITED 05 Jul 2012
    08140100 LOVE YOUR SITE LIMITED 12 Jul 2012
    08143477 IL CASTELLUCCIO LIMITED 16 Jul 2012
    08144332 CARBON CATALYSTS (NUMBER TWO) LIMITED 16 Jul 2012
    08144901 G PRIVE LTD 16 Jul 2012
    08158235 ADULT ENTERPRISE 26 Jul 2012
    08159303 INGENIUS SOLUTIONS (UK) LIMITED 27 Jul 2012
    08125447 BLAZING INFERNO LIMITED 02 Jul 2012
    08128806 FS SYSTEMS CONSULTING LIMITED 03 Jul 2012
    08139330 MAGIC PENNY PRODUCTIONS LIMITED 11 Jul 2012
    08142017 BRIGHTWATER DIAGNOSTICS LIMITED 13 Jul 2012
    08152141 UNISONO BTL LIMITED 20 Jul 2012
    08154776 MI-PAC TRADING LIMITED 24 Jul 2012
    08156373 LOUISE GOLL CONSULTANCY LIMITED 25 Jul 2012
    08160313 MARQUEDAPPS LTD 27 Jul 2012
    08162812 THEMEDEEP LIMITED 31 Jul 2012
    08163093 MAGNETIZE LIMITED 31 Jul 2012
    08132566 BOILING KETTLE THEATRE COMPANY 05 Jul 2012
    08135217 MOUNTAIN AND FOREST OUTDOOR EDUCATION COMPANY LIMITED 09 Jul 2012
    08142410 ROBERTSON HILL LTD 13 Jul 2012
    08145176 JAKOTI LTD 17 Jul 2012
    08132609 TINY ISLAND LTD 05 Jul 2012
    08136094 GREEN HIPPO ASSOCIATES LTD 10 Jul 2012