Somerset

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • February 2013 saw a new record in company registrations in Somerset when compared to any previous February.
  • February 2013 saw a new record in company registrations in Somerset when compared to any previous February.
  • January 2013 saw a new record in company closures in Somerset when compared to any previous January.
  • January 2013 saw a new record in company closures in Somerset when compared to any previous January.

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 (Q1 Jan-Mar 2013)

    A total of 1,088 companies were registered in Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 2.4% versus the same period last year (Q1 2012). This figure compares equally to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    20131,088134,802
    20121,115131,491
    % change-2.4%2.5%
    Record Year 2007 (1,188) 2007 (166,814)
    New Companies by Quarter

    A total of 1,088 companies were registered in Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is a decrease of 2.4% versus the same period last year (Q1 2012). This figure compares equally to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    20131,088134,802
    20121,115131,491
    % change-2.4%2.5%
    Record Year 2007 (1,188) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    February 2013 saw a new record in company registrations in Somerset when compared to any previous February.

    February 2013 saw a new record in company registrations in Somerset when compared to any previous February.

    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013325371392
    New companies in 2012326361428
    % change-0.3%2.8%-8.4%
    Record Year2003 (343)2013 (371)2007 (563)
    JanuaryFebruaryMarch
    New companies in 2013325371392
    New companies in 2012326361428
    % change-0.3%2.8%-8.4%
    Record Year2003 (343)2013 (371)2007 (563)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 640 companies were dissolved in Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 24.5% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    201364077,914
    201251467,576
    % change24.5%15.3%
    Record Year 2009 (684) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 640 companies were dissolved in Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 24.5% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    201364077,914
    201251467,576
    % change24.5%15.3%
    Record Year 2009 (684) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    January 2013 saw a new record in company closures in Somerset when compared to any previous January.

    January 2013 saw a new record in company closures in Somerset when compared to any previous January.

    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013287191162
    Closed companies in 2012149190175
    % change92.6%0.5%-7%
    Record Year2013 (287)2008 (221)2009 (422)
    JanuaryFebruaryMarch
    Closed companies in 2013287191162
    Closed companies in 2012149190175
    % change92.6%0.5%-7%
    Record Year2013 (287)2008 (221)2009 (422)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013) was 448 companies.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    201344856,888
    201260163,915
    Record Year 2007 (748) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Somerset during the first quarter of 2013 (Jan 2013 - Mar 2013) was 448 companies.

    first quarter (Jan 2013 - Mar 2013)SomersetUK
    201344856,888
    201260163,915
    Record Year 2007 (748) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201338180230
    Net growth in 2012177171253
    Record Year2003 (216)2003 (256)2007 (437)
    JanuaryFebruaryMarch
    Net growth in 201338180230
    Net growth in 2012177171253
    Record Year2003 (216)2003 (256)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Somerset
    20130.8%
    20120.8%
    20110.9%
    20100.9%
    20090.8%
    Record Year (since 1960) 1991 (1.3%)
    Company Share by Quarter

    In the first quarter of 2013, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Somerset
    20130.8%
    20120.8%
    20110.9%
    20100.9%
    20090.8%
    Record Year (since 1960) 1991 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.7%0.8%0.8%
    UK formation share in 20120.8%0.8%0.9%
    % change-10.6%2.0%-5.3%
    Record Year2003 (1.2%)1991 (1.7%)1993 (1.4%)
    JanuaryFebruaryMarch
    UK formation share in 20130.7%0.8%0.8%
    UK formation share in 20120.8%0.8%0.9%
    % change-10.6%2.0%-5.3%
    Record Year2003 (1.2%)1991 (1.7%)1993 (1.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 46.6.

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

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 1.8%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2013 was 46.6.

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

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 1.8%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Somerset was in 2007 when 36.6% of all directors were female.

    32.5% of all director appointments in Somerset in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Somerset was in 2007 when 36.6% of all directors were female.

    32.5% of all director appointments in Somerset in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.29%CONSULTING5.18%
    CONSULTING1.61%MANAGEMENT4.79%
    CONSULTANCY1.16%CONSULTANCY3.31%
    BATH0.96%PROPERTY2.44%
    SOMERSET0.94%TRADING2.05%
    PARK0.92%DESIGN1.80%
    SOLAR0.86%ENGINEERING1.78%
    PROPERTY0.86%BUSINESS1.78%
    ENGINEERING0.82%ASSOCIATES1.75%
    J0.82%LONDON1.73%
    M0.74%CONSULTANTS1.70%
    FARM0.74%CONSTRUCTION1.70%
    HOUSE0.72%MEDIA1.63%
    BUSINESS0.68%GLOBAL1.58%
    WEST0.62%J1.56%
    ASSOCIATES0.62%CARE1.46%
    (SW)0.62%IT1.42%
    CONSTRUCTION0.62%INVESTMENTS1.42%
    ELECTRICAL0.60%PROPERTIES1.36%
    TRAINING0.58%M1.26%
    MEDIA0.58%BUILDING1.21%
    SYSTEMS0.56%ENTERPRISES1.19%
    DEVELOPMENTS0.54%ELECTRICAL1.18%
    CARE0.52%TRAINING1.17%
    P0.52%SECURITY1.15%
    wordpercentageuk worduk percentage
    MANAGEMENT2.31%CONSULTING5.19%
    CONSULTING1.61%MANAGEMENT4.79%
    CONSULTANCY1.16%CONSULTANCY3.32%
    BATH0.96%PROPERTY2.45%
    SOMERSET0.94%TRADING2.05%
    PARK0.92%DESIGN1.80%
    PROPERTY0.86%ENGINEERING1.78%
    SOLAR0.86%BUSINESS1.78%
    ENGINEERING0.82%ASSOCIATES1.75%
    J0.82%LONDON1.73%
    FARM0.76%CONSULTANTS1.70%
    M0.74%CONSTRUCTION1.70%
    HOUSE0.72%MEDIA1.63%
    BUSINESS0.68%GLOBAL1.58%
    ASSOCIATES0.62%J1.56%
    (SW)0.62%CARE1.47%
    CONSTRUCTION0.62%IT1.42%
    WEST0.62%INVESTMENTS1.41%
    ELECTRICAL0.60%PROPERTIES1.36%
    SYSTEMS0.58%M1.26%
    TRAINING0.58%BUILDING1.21%
    MEDIA0.58%ENTERPRISES1.19%
    DEVELOPMENTS0.54%ELECTRICAL1.18%
    TRADING0.54%TRAINING1.18%
    CARE0.52%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,345232,560
    99999 - Dormant Company35944,156
    70229 - Management consultancy activities other than financial management35633,439
    82990 - Other business support service activities not elsewhere classified33855,469
    62020 - Information technology consultancy activities19025,414
    74909 - Other professional, scientific and technical activities not elsewhere classified16216,712
    96090 - Other service activities not elsewhere classified14724,207
    41100 - Development of building projects1128,901
    62090 - Other information technology service activities10812,879
    47910 - Retail sale via mail order houses or via Internet1047,407
    74990 - Non-trading company9514,226
    43999 - Other specialised construction activities not elsewhere classified897,155
    68209 - Other letting and operating of own or leased real estate837,760
    86900 - Other human health activities828,698
    69201 - Accounting and auditing activities806,740
    56302 - Public houses and bars765,164
    98000 - Residents property management764,724
    41202 - Construction of domestic buildings735,554
    62012 - Business and domestic software development728,275
    45200 - Maintenance and repair of motor vehicles664,817
    sic codenumber of companiesuk companies
    None Supplied1,341232,252
    99999 - Dormant Company35944,046
    70229 - Management consultancy activities other than financial management35633,533
    82990 - Other business support service activities not elsewhere classified33855,321
    62020 - Information technology consultancy activities19125,461
    74909 - Other professional, scientific and technical activities not elsewhere classified16216,693
    96090 - Other service activities not elsewhere classified14724,177
    41100 - Development of building projects1118,933
    62090 - Other information technology service activities10812,890
    47910 - Retail sale via mail order houses or via Internet1037,435
    74990 - Non-trading company9914,180
    43999 - Other specialised construction activities not elsewhere classified897,166
    68209 - Other letting and operating of own or leased real estate837,798
    86900 - Other human health activities828,710
    69201 - Accounting and auditing activities806,739
    56302 - Public houses and bars785,189
    98000 - Residents property management754,751
    41202 - Construction of domestic buildings745,565
    62012 - Business and domestic software development728,286
    45200 - Maintenance and repair of motor vehicles664,825

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08428242 RADCHEM FORWARDING LTD 04 Mar 2013
    08433415 INNOVATION MAPPING LIMITED 07 Mar 2013
    08435436 SUCANDU LTD 07 Mar 2013
    08437422 HEALTH APPS LTD 08 Mar 2013
    08443805 EUXTON GROUP LTD 13 Mar 2013
    08451248 MAKOS FOODS LTD 19 Mar 2013
    08454612 THE BATH LETTING COMPANY LIMITED 21 Mar 2013
    08463585 VASTHA RACING LIMITED 27 Mar 2013
    08463909 EDEN BARS AND RESTAURANTS LIMITED 27 Mar 2013
    08465442 LE MANS FIFTEEN LIMITED 28 Mar 2013
    08428506 C2 AIR CONDITIONING LTD 04 Mar 2013
    08431764 BATH RESIDENTIAL SOLUTIONS LIMITED 06 Mar 2013
    08438441 MOSLIN LTD 11 Mar 2013
    08439791 OAKUS GROUP LIMITED 12 Mar 2013
    08443448 DEXY DIGITAL LIMITED 13 Mar 2013
    08445958 PALM TREE INTERIORS LIMITED 14 Mar 2013
    08449502 STEPHEN PETERS LTD 18 Mar 2013
    08449593 ROBERT BOYD LTD 18 Mar 2013
    08449782 OROKO SPORTS UK LTD 18 Mar 2013
    08458988 EDWARD DARK INTERIORS LIMITED 25 Mar 2013
    08461104 TRANSCRIPTOGEN LTD 25 Mar 2013
    08465502 DEBBIE BELLINGER SCHOOL OF DANCE LIMITED 28 Mar 2013
    08466501 BATH BOUTIQUE LIMITED 28 Mar 2013
    08441711 ELLIOTT CAD SERVICES LIMITED 12 Mar 2013
    08458225 FIRST 4 POOLS LTD 22 Mar 2013