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
New Company Registrations
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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) Somerset UK 2012 984 118,868 2011 984 114,512 % change 0.0% 3.8% Record Year 2011 (984) 2012 (118,868) New Companies by Quarter
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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
July August September New companies in 2012 375 290 319 New companies in 2011 301 354 329 % change 24.6% -18.1% -3.0% Record Year 2012 (375) 2011 (354) 2003 (357)
Closed Companies (dissolved)
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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) Somerset UK 2012 574 74,772 2011 533 72,230 % change 7.7% 3.5% Record Year 2009 (837) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Dissolved Companies by Month
July August September Closed companies in 2012 197 205 172 Closed companies in 2011 193 201 139 % change 2.1% 2.0% 24% Record Year 2010 (232) 2008 (435) 2009 (391)
Net Company Growth
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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) Somerset UK 2012 410 44,096 2011 451 42,282 Record Year 2003 (623) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 178 85 147 Net growth in 2011 108 153 190 Record Year 2008 (239) 2003 (223) 2002 (248)
UK Company Share
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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 2012 0.8% 2011 0.9% 2010 0.8% 2009 0.8% 2008 0.8% Record Year (since 1960) 1980 (1.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 0.9% 0.8% 0.8% UK formation share in 2011 0.8% 0.9% 0.8% % change 11.9% -17.4% -4.1% Record Year 1987 (1.5%) 1966 (1.7%) 1960 (1.9%)
Director Age
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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
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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
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Previous 12 months (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.03% CONSULTING 5.06% CONSULTING 1.74% MANAGEMENT 4.77% CONSULTANCY 1.18% CONSULTANCY 3.29% J 0.96% PROPERTY 2.36% BATH 0.92% TRADING 2.08% PROPERTY 0.84% DESIGN 1.87% SOMERSET 0.82% ASSOCIATES 1.83% ENGINEERING 0.82% ENGINEERING 1.83% HOUSE 0.78% CONSULTANTS 1.76% MEDIA 0.72% BUSINESS 1.72% CONSTRUCTION 0.68% CONSTRUCTION 1.70% DESIGN 0.68% MEDIA 1.68% WEST 0.68% LONDON 1.67% BUSINESS 0.66% J 1.55% TRAINING 0.64% GLOBAL 1.54% ASSOCIATES 0.64% INVESTMENTS 1.47% ELECTRICAL 0.62% IT 1.43% (SOUTH 0.60% PROPERTIES 1.34% WEST) 0.58% CARE 1.32% SYSTEMS 0.56% M 1.27% (SW) 0.54% BUILDING 1.22% M 0.54% ENTERPRISES 1.21% FARM 0.52% ELECTRICAL 1.20% SECURITY 0.52% S 1.17% GLOBAL 0.48% SECURITY 1.16%
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 1,358 228,243 82990 - Other business support service activities not elsewhere classified 309 50,446 70229 - Management consultancy activities other than financial management 309 28,990 99999 - Dormant Company 292 37,912 62020 - Information technology consultancy activities 155 21,969 74909 - Other professional, scientific and technical activities not elsewhere classified 148 14,809 96090 - Other service activities not elsewhere classified 134 20,742 41100 - Development of building projects 106 7,545 62090 - Other information technology service activities 95 11,950 74990 - Non-trading company 93 13,641 7487 - Other business activities 93 16,361 68209 - Other letting and operating of own or leased real estate 87 6,519 86900 - Other human health activities 76 7,550 47910 - Retail sale via mail order houses or via Internet 75 5,760 69201 - Accounting and auditing activities 74 5,935 43999 - Other specialised construction activities not elsewhere classified 70 6,008 68320 - Management of real estate on a fee or contract basis 67 4,786 41202 - Construction of domestic buildings 64 4,591 98000 - Residents property management 63 4,205 45200 - Maintenance and repair of motor vehicles 61 4,070
Recent Companies
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Randomly selected companies from this quarter
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