Somerset

2013 Half Year 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

  • The first half of 2013 saw a new record in company registrations in Somerset when compared to any previous first half year.
  • The first half of 2013 was a record first half year for company registrations in Somerset when compared to any half year in history.
  • The first half of 2013 saw a new record in company registrations in Somerset when compared to any previous first half year.
  • The first half of 2013 was a record first half year for company registrations in Somerset when compared to any half year in history.
  • Q2 2013 saw a new record in company registrations in Somerset when compared to any previous Q2.
  • Q2 2013 saw a new record in company registrations in Somerset when compared to any previous Q2.
  • May 2013 saw a new record in company registrations in Somerset when compared to any previous May.
  • April 2013 saw a new record in company registrations in Somerset when compared to any previous April.
  • May 2013 saw a new record in company registrations in Somerset when compared to any previous May.
  • April 2013 saw a new record in company registrations in Somerset when compared to any previous April.

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 2013)

    The first half of 2013 saw a new record in company registrations in Somerset when compared to any previous first half year.

    The first half of 2013 was a record first half year for company registrations in Somerset when compared to any half year in history.

    The first half of 2013 saw a new record in company registrations in Somerset when compared to any previous first half year.

    The first half of 2013 was a record first half year for company registrations in Somerset when compared to any half year in history.

    In the first half of 2013 a total of 2,137 companies were formed in Somerset. This figure is 1.6% higher than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Somerset occurred in 2013 when a total of 2,137 were formed.

    Half Year (Jan-Jun)SomersetUK
    20132,137269,432
    20122,104253,150
    % change1.6%6.4%
    Record Year2013 (2,137)2007 (279,097)

    In the first half of 2013 a total of 2,137 companies were formed in Somerset. This figure is 1.6% higher than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Somerset occurred in 2013 when a total of 2,137 were formed.

    Half Year (Jan-Jun)SomersetUK
    20132,137269,432
    20122,104253,150
    % change1.6%6.4%
    Record Year2013 (2,137)2007 (279,097)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Q2 2013 saw a new record in company registrations in Somerset when compared to any previous Q2.

    Q2 2013 saw a new record in company registrations in Somerset when compared to any previous Q2.

    A total of 1,049 companies were registered in Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 6.1% versus the same period last year (Q2 2012). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    20131,049134,630
    2012989121,659
    % change6.1%10.7%
    Record Year 2013 (1,049) 2013 (134,630)
    New Companies by Quarter

    A total of 1,049 companies were registered in Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 6.1% versus the same period last year (Q2 2012). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    20131,049134,630
    2012989121,659
    % change6.1%10.7%
    Record Year 2013 (1,049) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

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

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

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

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

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 2013375389285
    New companies in 2012360358271
    % change4.2%8.7%5.2%
    Record Year2013 (375)2013 (389)2003 (307)
    AprilMayJune
    New companies in 2013375389285
    New companies in 2012360358271
    % change4.2%8.7%5.2%
    Record Year2013 (375)2013 (389)2003 (307)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 1,180 companies were dissolved in Somerset. This figure is 10.5% higher than last year, which compares badly to the UK wide change of 5.0%.

    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
    20131,180155,192
    20121,068147,794
    % change10.5%5.0%
    Record Year2009 (1,850)2009 (289,245)

    In the first half of 2013 a total of 1,180 companies were dissolved in Somerset. This figure is 10.5% higher than last year, which compares badly to the UK wide change of 5.0%.

    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
    20131,180155,192
    20121,068147,794
    % change10.5%5.0%
    Record Year2009 (1,850)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 540 companies were dissolved in Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 2.5% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    201354077,278
    201255480,218
    % change-2.5%-3.7%
    Record Year 2009 (1,166) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 540 companies were dissolved in Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 2.5% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    201354077,278
    201255480,218
    % change-2.5%-3.7%
    Record Year 2009 (1,166) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013196159185
    Closed companies in 2012162210182
    % change21.0%-24.3%2%
    Record Year2009 (297)2009 (549)2009 (320)
    AprilMayJune
    Closed companies in 2013196159185
    Closed companies in 2012162210182
    % change21.0%-24.3%2%
    Record Year2009 (297)2009 (549)2009 (320)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Somerset increased by 957 companies.

    Half Year (Jan-Jun)SomersetUK
    2013957114,240
    20121,036105,356
    Record Year2003 (1,527)2007 (171,296)

    In the first half of 2013 the company register for Somerset increased by 957 companies.

    Half Year (Jan-Jun)SomersetUK
    2013957114,240
    20121,036105,356
    Record Year2003 (1,527)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013) was 509 companies.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    201350957,352
    201243541,441
    Record Year 2013 (509) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Somerset during the second quarter of 2013 (Apr 2013 - Jun 2013) was 509 companies.

    second quarter (Apr 2013 - Jun 2013)SomersetUK
    201350957,352
    201243541,441
    Record Year 2013 (509) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 2013179230100
    Net growth in 201219814889
    Record Year2003 (274)2003 (268)2008 (212)
    AprilMayJune
    Net growth in 2013179230100
    Net growth in 201219814889
    Record Year2003 (274)2003 (268)2008 (212)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Somerset formed 0.8% of all UK companies. This is the same as the 2012 figure of 0.8%.

    Half Year (Jan-Jun)Somerset
    20130.8%
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    Record Year (since 1960) 1991 (1.2%)
    Company Share by Half Year

    In the first half of 2013 Somerset formed 0.8% of all UK companies. This is the same as the 2012 figure of 0.8%.

    Half Year (Jan-Jun)Somerset
    20130.8%
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    Record Year (since 1960) 1991 (1.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

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

    second quarter (Apr 2013 - Jun 2013)Somerset
    20130.8%
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    Record Year (since 1960) 1990 (1.2%)
    Company Share by Quarter

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

    second quarter (Apr 2013 - Jun 2013)Somerset
    20130.8%
    20120.8%
    20110.8%
    20100.8%
    20090.8%
    Record Year (since 1960) 1990 (1.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20130.8%0.9%0.7%
    UK formation share in 20120.9%0.8%0.7%
    % change-12.5%5.6%-4.8%
    Record Year2002 (1.1%)1990 (1.3%)1991 (1.3%)
    AprilMayJune
    UK formation share in 20130.8%0.9%0.7%
    UK formation share in 20120.9%0.8%0.7%
    % change-12.5%5.6%-4.8%
    Record Year2002 (1.1%)1990 (1.3%)1991 (1.3%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 46.5.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.3%.

    Director Age by Half Year

    The average age of a director in the first half of 2013 was 46.5.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 46.4.

    The percentage of directors under the age of 25 was 6.5% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.8%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2013 was 46.4.

    The percentage of directors under the age of 25 was 6.5% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Somerset was 2007 when 35.3% of all directors were female.

    30.8% of all director appointments in Somerset in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Somerset was 2007 when 35.3% of all directors were female.

    30.8% of all director appointments in Somerset in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Somerset was in 2005 when 35.1% of all directors were female.

    29.0% of all director appointments in Somerset in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Somerset was in 2005 when 35.1% of all directors were female.

    29.0% of all director appointments in Somerset in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.37%CONSULTING5.25%
    CONSULTING1.84%MANAGEMENT4.81%
    CONSULTANCY1.18%CONSULTANCY3.41%
    BATH1.14%PROPERTY2.48%
    PARK1.07%TRADING2.04%
    PROPERTY1.01%ENGINEERING1.81%
    SOLAR0.97%DESIGN1.80%
    J0.93%LONDON1.77%
    SOMERSET0.89%BUSINESS1.77%
    M0.75%CONSTRUCTION1.68%
    BUSINESS0.73%CONSULTANTS1.68%
    FARM0.71%ASSOCIATES1.68%
    DEVELOPMENTS0.71%GLOBAL1.59%
    ASSOCIATES0.69%MEDIA1.58%
    WEST0.67%CARE1.55%
    ENGINEERING0.65%J1.54%
    HOUSE0.63%INVESTMENTS1.47%
    MEDIA0.61%PROPERTIES1.41%
    CONSTRUCTION0.61%IT1.40%
    D0.61%M1.26%
    (SW)0.59%BUILDING1.22%
    DESIGN0.59%ELECTRICAL1.19%
    BUILDING0.59%ENTERPRISES1.18%
    CARE0.59%CAPITAL1.16%
    ELECTRICAL0.57%TRAINING1.16%
    wordpercentageuk worduk percentage
    MANAGEMENT2.37%CONSULTING5.25%
    CONSULTING1.84%MANAGEMENT4.82%
    CONSULTANCY1.18%CONSULTANCY3.42%
    BATH1.14%PROPERTY2.48%
    PARK1.07%TRADING2.05%
    PROPERTY1.01%ENGINEERING1.82%
    SOLAR0.97%DESIGN1.79%
    J0.93%LONDON1.78%
    SOMERSET0.89%BUSINESS1.77%
    M0.75%CONSTRUCTION1.68%
    BUSINESS0.73%CONSULTANTS1.68%
    FARM0.73%ASSOCIATES1.68%
    DEVELOPMENTS0.71%GLOBAL1.60%
    ASSOCIATES0.69%MEDIA1.58%
    WEST0.67%CARE1.55%
    ENGINEERING0.65%J1.53%
    D0.63%INVESTMENTS1.47%
    HOUSE0.63%PROPERTIES1.41%
    MEDIA0.61%IT1.40%
    CONSTRUCTION0.61%M1.26%
    BUILDING0.59%BUILDING1.22%
    CARE0.59%ELECTRICAL1.19%
    (SW)0.59%ENTERPRISES1.18%
    DESIGN0.59%CAPITAL1.17%
    ELECTRICAL0.57%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,398239,154
    70229 - Management consultancy activities other than financial management38034,490
    99999 - Dormant Company36845,704
    82990 - Other business support service activities not elsewhere classified31255,604
    62020 - Information technology consultancy activities20026,164
    74909 - Other professional, scientific and technical activities not elsewhere classified16117,438
    96090 - Other service activities not elsewhere classified14825,110
    62090 - Other information technology service activities11512,885
    41100 - Development of building projects1099,173
    47910 - Retail sale via mail order houses or via Internet1058,032
    74990 - Non-trading company9414,505
    43999 - Other specialised construction activities not elsewhere classified887,453
    68209 - Other letting and operating of own or leased real estate818,120
    69201 - Accounting and auditing activities776,916
    41202 - Construction of domestic buildings775,846
    86900 - Other human health activities768,930
    62012 - Business and domestic software development748,769
    56302 - Public houses and bars725,353
    45200 - Maintenance and repair of motor vehicles704,921
    98000 - Residents property management704,785
    sic codenumber of companiesuk companies
    None Supplied1,382237,080
    70229 - Management consultancy activities other than financial management38034,652
    99999 - Dormant Company37145,726
    82990 - Other business support service activities not elsewhere classified31355,568
    62020 - Information technology consultancy activities20126,270
    74909 - Other professional, scientific and technical activities not elsewhere classified16217,454
    96090 - Other service activities not elsewhere classified14825,168
    62090 - Other information technology service activities11512,920
    41100 - Development of building projects1089,235
    47910 - Retail sale via mail order houses or via Internet1048,083
    74990 - Non-trading company9814,483
    43999 - Other specialised construction activities not elsewhere classified897,478
    68209 - Other letting and operating of own or leased real estate818,176
    41202 - Construction of domestic buildings785,876
    69201 - Accounting and auditing activities776,918
    86900 - Other human health activities768,957
    56302 - Public houses and bars755,402
    62012 - Business and domestic software development748,794
    45200 - Maintenance and repair of motor vehicles704,945
    98000 - Residents property management694,825

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08516800 FOODASH LTD 03 May 2013
    08527321 AITCHBEE PERSONAL & PROFESSIONAL ASSISTANCE LTD 13 May 2013
    08528168 MAMO SERVICES LIMITED 14 May 2013
    08530996 NATURAL ICE CREAM LTD 16 May 2013
    08531624 BPS (BATH) LTD 16 May 2013
    08532921 MEANBEE LIMITED 17 May 2013
    08533107 THE SPORTIVERSITY 17 May 2013
    08534620 CIRCUS AREA RESIDENTS ASSOCIATION LIMITED 17 May 2013
    08537077 CLARKSON'S INDEPENDENT FUNERAL DIRECTORS LTD 20 May 2013
    08537475 PRIZM INTERACTIVE LIMITED 21 May 2013
    08540830 HENNY AND JOES LTD 22 May 2013
    08541018 WORDBRAIN LTD 23 May 2013
    08541594 BUBODATA LTD 23 May 2013
    08544574 CO COLCHESTER LIMITED 24 May 2013
    08544596 TREADSTONE RECYCLING LTD 24 May 2013
    08513083 E-MOTION DIGITAL MEDIA LIMITED 01 May 2013
    08516091 SWEETSKILLS LIMITED 03 May 2013
    08520277 HITNATION MANAGEMENT LIMITED 08 May 2013
    08521511 LDL CORPORATE LTD 09 May 2013
    08522370 MARKUS ELECTRICAL LIMITED 09 May 2013
    08524633 HURRICAINE LTD 10 May 2013
    08526856 MEDIOLOGY LIMITED 13 May 2013
    08529221 THE BATH SOFA AND CURTAIN COMPANY LIMITED 14 May 2013
    08536363 N CANNING LTD 20 May 2013
    08549042 PRODUCTIVE MONKEY LIMITED 30 May 2013