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
New Company Registrations
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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) Somerset UK 2013 1,088 134,802 2012 1,115 131,491 % 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) Somerset UK 2013 1,088 134,802 2012 1,115 131,491 % change -2.4% 2.5% Record Year 2007 (1,188) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2013 325 371 392 New companies in 2012 326 361 428 % change -0.3% 2.8% -8.4% Record Year 2003 (343) 2013 (371) 2007 (563) January February March New companies in 2013 325 371 392 New companies in 2012 326 361 428 % change -0.3% 2.8% -8.4% Record Year 2003 (343) 2013 (371) 2007 (563)
Closed Companies (dissolved)
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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) Somerset UK 2013 640 77,914 2012 514 67,576 % change 24.5% 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) Somerset UK 2013 640 77,914 2012 514 67,576 % change 24.5% 15.3% Record Year 2009 (684) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2013 287 191 162 Closed companies in 2012 149 190 175 % change 92.6% 0.5% -7% Record Year 2013 (287) 2008 (221) 2009 (422) January February March Closed companies in 2013 287 191 162 Closed companies in 2012 149 190 175 % change 92.6% 0.5% -7% Record Year 2013 (287) 2008 (221) 2009 (422)
Net Company Growth
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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) Somerset UK 2013 448 56,888 2012 601 63,915 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) Somerset UK 2013 448 56,888 2012 601 63,915 Record Year 2007 (748) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
Net Growth by Month
January February March Net growth in 2013 38 180 230 Net growth in 2012 177 171 253 Record Year 2003 (216) 2003 (256) 2007 (437) January February March Net growth in 2013 38 180 230 Net growth in 2012 177 171 253 Record Year 2003 (216) 2003 (256) 2007 (437)
UK Company Share
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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 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.9% 2009 0.8% 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 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.9% 2009 0.8% Record Year (since 1960) 1991 (1.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
Company Share by Month
January February March UK formation share in 2013 0.7% 0.8% 0.8% UK formation share in 2012 0.8% 0.8% 0.9% % change -10.6% 2.0% -5.3% Record Year 2003 (1.2%) 1991 (1.7%) 1993 (1.4%) January February March UK formation share in 2013 0.7% 0.8% 0.8% UK formation share in 2012 0.8% 0.8% 0.9% % change -10.6% 2.0% -5.3% Record Year 2003 (1.2%) 1991 (1.7%) 1993 (1.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.29% CONSULTING 5.18% CONSULTING 1.61% MANAGEMENT 4.79% CONSULTANCY 1.16% CONSULTANCY 3.31% BATH 0.96% PROPERTY 2.44% SOMERSET 0.94% TRADING 2.05% PARK 0.92% DESIGN 1.80% SOLAR 0.86% ENGINEERING 1.78% PROPERTY 0.86% BUSINESS 1.78% ENGINEERING 0.82% ASSOCIATES 1.75% J 0.82% LONDON 1.73% M 0.74% CONSULTANTS 1.70% FARM 0.74% CONSTRUCTION 1.70% HOUSE 0.72% MEDIA 1.63% BUSINESS 0.68% GLOBAL 1.58% WEST 0.62% J 1.56% ASSOCIATES 0.62% CARE 1.46% (SW) 0.62% IT 1.42% CONSTRUCTION 0.62% INVESTMENTS 1.42% ELECTRICAL 0.60% PROPERTIES 1.36% TRAINING 0.58% M 1.26% MEDIA 0.58% BUILDING 1.21% SYSTEMS 0.56% ENTERPRISES 1.19% DEVELOPMENTS 0.54% ELECTRICAL 1.18% CARE 0.52% TRAINING 1.17% P 0.52% SECURITY 1.15% word percentage uk word uk percentage MANAGEMENT 2.31% CONSULTING 5.19% CONSULTING 1.61% MANAGEMENT 4.79% CONSULTANCY 1.16% CONSULTANCY 3.32% BATH 0.96% PROPERTY 2.45% SOMERSET 0.94% TRADING 2.05% PARK 0.92% DESIGN 1.80% PROPERTY 0.86% ENGINEERING 1.78% SOLAR 0.86% BUSINESS 1.78% ENGINEERING 0.82% ASSOCIATES 1.75% J 0.82% LONDON 1.73% FARM 0.76% CONSULTANTS 1.70% M 0.74% CONSTRUCTION 1.70% HOUSE 0.72% MEDIA 1.63% BUSINESS 0.68% GLOBAL 1.58% ASSOCIATES 0.62% J 1.56% (SW) 0.62% CARE 1.47% CONSTRUCTION 0.62% IT 1.42% WEST 0.62% INVESTMENTS 1.41% ELECTRICAL 0.60% PROPERTIES 1.36% SYSTEMS 0.58% M 1.26% TRAINING 0.58% BUILDING 1.21% MEDIA 0.58% ENTERPRISES 1.19% DEVELOPMENTS 0.54% ELECTRICAL 1.18% TRADING 0.54% TRAINING 1.18% CARE 0.52% SECURITY 1.15%
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 1,345 232,560 99999 - Dormant Company 359 44,156 70229 - Management consultancy activities other than financial management 356 33,439 82990 - Other business support service activities not elsewhere classified 338 55,469 62020 - Information technology consultancy activities 190 25,414 74909 - Other professional, scientific and technical activities not elsewhere classified 162 16,712 96090 - Other service activities not elsewhere classified 147 24,207 41100 - Development of building projects 112 8,901 62090 - Other information technology service activities 108 12,879 47910 - Retail sale via mail order houses or via Internet 104 7,407 74990 - Non-trading company 95 14,226 43999 - Other specialised construction activities not elsewhere classified 89 7,155 68209 - Other letting and operating of own or leased real estate 83 7,760 86900 - Other human health activities 82 8,698 69201 - Accounting and auditing activities 80 6,740 56302 - Public houses and bars 76 5,164 98000 - Residents property management 76 4,724 41202 - Construction of domestic buildings 73 5,554 62012 - Business and domestic software development 72 8,275 45200 - Maintenance and repair of motor vehicles 66 4,817 sic code number of companies uk companies None Supplied 1,341 232,252 99999 - Dormant Company 359 44,046 70229 - Management consultancy activities other than financial management 356 33,533 82990 - Other business support service activities not elsewhere classified 338 55,321 62020 - Information technology consultancy activities 191 25,461 74909 - Other professional, scientific and technical activities not elsewhere classified 162 16,693 96090 - Other service activities not elsewhere classified 147 24,177 41100 - Development of building projects 111 8,933 62090 - Other information technology service activities 108 12,890 47910 - Retail sale via mail order houses or via Internet 103 7,435 74990 - Non-trading company 99 14,180 43999 - Other specialised construction activities not elsewhere classified 89 7,166 68209 - Other letting and operating of own or leased real estate 83 7,798 86900 - Other human health activities 82 8,710 69201 - Accounting and auditing activities 80 6,739 56302 - Public houses and bars 78 5,189 98000 - Residents property management 75 4,751 41202 - Construction of domestic buildings 74 5,565 62012 - Business and domestic software development 72 8,286 45200 - Maintenance and repair of motor vehicles 66 4,825
Recent Companies
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Randomly selected companies from this quarter
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