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Somerset

Q3 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

  • Q3 2013 saw a new record in company registrations in Somerset when compared to any previous Q3.
  • Q3 2013 saw a new record in company registrations in Somerset when compared to any previous Q3.
  • September 2013 saw a new record in company registrations in Somerset when compared to any previous September.
  • September 2013 saw a new record in company registrations in Somerset when compared to any previous September.

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 2013)

    Q3 2013 saw a new record in company registrations in Somerset when compared to any previous Q3.

    Q3 2013 saw a new record in company registrations in Somerset when compared to any previous Q3.

    A total of 1,037 companies were registered in Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 5.4% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    20131,037132,684
    2012984118,868
    % change5.4%11.6%
    Record Year 2013 (1,037) 2013 (132,684)
    New Companies by Quarter

    A total of 1,037 companies were registered in Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 5.4% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    20131,037132,684
    2012984118,868
    % change5.4%11.6%
    Record Year 2013 (1,037) 2013 (132,684)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2013359320358
    New companies in 2012375290319
    % change-4.3%10.3%12.2%
    Record Year2012 (375)2011 (354)2013 (358)
    JulyAugustSeptember
    New companies in 2013359320358
    New companies in 2012375290319
    % change-4.3%10.3%12.2%
    Record Year2012 (375)2011 (354)2013 (358)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 608 companies were dissolved in Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 5.0% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    201360886,170
    201257975,908
    % change5.0%13.5%
    Record Year 2009 (837) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 608 companies were dissolved in Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 5.0% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    201360886,170
    201257975,908
    % change5.0%13.5%
    Record Year 2009 (837) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013217170221
    Closed companies in 2012197205177
    % change10.2%-17.1%25%
    Record Year2010 (232)2008 (435)2009 (391)
    JulyAugustSeptember
    Closed companies in 2013217170221
    Closed companies in 2012197205177
    % change10.2%-17.1%25%
    Record Year2010 (232)2008 (435)2009 (391)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013) was 429 companies.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    201342946,514
    201240542,960
    Record Year 2011 (451) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Somerset during the third quarter of 2013 (Jul 2013 - Sep 2013) was 429 companies.

    third quarter (Jul 2013 - Sep 2013)SomersetUK
    201342946,514
    201240542,960
    Record Year 2011 (451) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2013142150137
    Net growth in 201217885142
    Record Year2008 (239)2003 (223)2002 (248)
    JulyAugustSeptember
    Net growth in 2013142150137
    Net growth in 201217885142
    Record Year2008 (239)2003 (223)2002 (248)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

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

    third quarter (Jul 2013 - Sep 2013)Somerset
    20130.8%
    20120.8%
    20110.9%
    20100.8%
    20090.8%
    Record Year (since 1960) 2002 (1.0%)
    Company Share by Quarter

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

    third quarter (Jul 2013 - Sep 2013)Somerset
    20130.8%
    20120.8%
    20110.9%
    20100.8%
    20090.8%
    Record Year (since 1960) 2002 (1.0%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.8%0.8%0.8%
    UK formation share in 20120.9%0.8%0.8%
    % change-14.3%1.2%-1.6%
    Record Year1991 (1.1%)2002 (1.2%)1990 (1.1%)
    JulyAugustSeptember
    UK formation share in 20130.8%0.8%0.8%
    UK formation share in 20120.9%0.8%0.8%
    % change-14.3%1.2%-1.6%
    Record Year1991 (1.1%)2002 (1.2%)1990 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

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

    The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

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

    The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Somerset was in 2007 when 35.5% of all directors were female.

    31.2% of all director appointments in Somerset in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Somerset was in 2007 when 35.5% of all directors were female.

    31.2% of all director appointments in Somerset in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.50%CONSULTING5.27%
    CONSULTING1.79%MANAGEMENT4.75%
    CONSULTANCY1.24%CONSULTANCY3.45%
    PROPERTY1.14%PROPERTY2.53%
    BATH1.13%TRADING2.08%
    PARK1.01%ENGINEERING1.83%
    WEST0.95%LONDON1.79%
    J0.91%DESIGN1.78%
    SOLAR0.89%BUSINESS1.74%
    ASSOCIATES0.82%CONSTRUCTION1.70%
    FARM0.80%CONSULTANTS1.69%
    SOMERSET0.80%CARE1.64%
    BUILDING0.72%ASSOCIATES1.61%
    ENGINEERING0.72%GLOBAL1.59%
    SOUTH0.72%J1.54%
    BUSINESS0.70%MEDIA1.54%
    M0.68%INVESTMENTS1.53%
    DEVELOPMENTS0.68%PROPERTIES1.45%
    DESIGN0.62%IT1.39%
    MEDIA0.62%M1.25%
    HOUSE0.60%ELECTRICAL1.20%
    CONSTRUCTION0.60%BUILDING1.19%
    D0.58%CAPITAL1.19%
    (SW)0.56%DEVELOPMENTS1.16%
    TRAINING0.56%TRAINING1.15%
    wordpercentageuk worduk percentage
    MANAGEMENT2.50%CONSULTING5.28%
    CONSULTING1.79%MANAGEMENT4.76%
    CONSULTANCY1.24%CONSULTANCY3.46%
    PROPERTY1.14%PROPERTY2.54%
    BATH1.13%TRADING2.08%
    PARK1.01%ENGINEERING1.84%
    WEST0.95%LONDON1.79%
    J0.91%DESIGN1.78%
    SOLAR0.89%BUSINESS1.74%
    FARM0.81%CONSTRUCTION1.70%
    ASSOCIATES0.81%CONSULTANTS1.69%
    SOMERSET0.80%CARE1.64%
    BUILDING0.72%ASSOCIATES1.61%
    SOUTH0.72%GLOBAL1.60%
    ENGINEERING0.72%J1.54%
    BUSINESS0.70%MEDIA1.53%
    DEVELOPMENTS0.68%INVESTMENTS1.53%
    M0.68%PROPERTIES1.45%
    CONSTRUCTION0.62%IT1.39%
    DESIGN0.62%M1.25%
    MEDIA0.62%BUILDING1.20%
    HOUSE0.60%CAPITAL1.20%
    TRAINING0.58%ELECTRICAL1.19%
    D0.58%DEVELOPMENTS1.17%
    (SW)0.56%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,563260,135
    70229 - Management consultancy activities other than financial management38934,970
    99999 - Dormant Company37146,169
    82990 - Other business support service activities not elsewhere classified29854,854
    62020 - Information technology consultancy activities20326,675
    74909 - Other professional, scientific and technical activities not elsewhere classified15417,715
    96090 - Other service activities not elsewhere classified15225,547
    62090 - Other information technology service activities11612,516
    47910 - Retail sale via mail order houses or via Internet1108,475
    41100 - Development of building projects1109,271
    74990 - Non-trading company9414,228
    43999 - Other specialised construction activities not elsewhere classified887,590
    41202 - Construction of domestic buildings826,039
    68209 - Other letting and operating of own or leased real estate798,312
    62012 - Business and domestic software development779,104
    56302 - Public houses and bars755,437
    86900 - Other human health activities759,203
    98000 - Residents property management714,680
    85590 - Other education not elsewhere classified705,576
    69201 - Accounting and auditing activities696,979
    sic codenumber of companiesuk companies
    None Supplied1,435244,464
    70229 - Management consultancy activities other than financial management39735,731
    99999 - Dormant Company38247,068
    82990 - Other business support service activities not elsewhere classified30255,676
    62020 - Information technology consultancy activities20627,242
    74909 - Other professional, scientific and technical activities not elsewhere classified16118,024
    96090 - Other service activities not elsewhere classified15326,207
    62090 - Other information technology service activities11712,748
    41100 - Development of building projects1119,527
    47910 - Retail sale via mail order houses or via Internet1108,691
    74990 - Non-trading company9914,457
    43999 - Other specialised construction activities not elsewhere classified907,818
    41202 - Construction of domestic buildings856,201
    68209 - Other letting and operating of own or leased real estate828,541
    56302 - Public houses and bars805,596
    62012 - Business and domestic software development779,285
    86900 - Other human health activities769,453
    98000 - Residents property management734,798
    85590 - Other education not elsewhere classified715,696
    45200 - Maintenance and repair of motor vehicles705,065

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08673716 WUNDERLEARN LIMITED 03 Sep 2013
    08674103 TREBY TECHNOLOGY LIMITED 03 Sep 2013
    08674755 IDEA ENTERPRISE 03 Sep 2013
    08681039 CORSHAM TAXIS LIMITED 09 Sep 2013
    08681662 ORDNANCE ENVIRONMENTAL AND SAFETY SOLUTIONS LTD 09 Sep 2013
    08684473 IDEAS INTO PRACTICE LIMITED 10 Sep 2013
    08685187 STEPHEN MANN ASSOCIATES LIMITED 11 Sep 2013
    08687146 TRACK-ENDURO LIMITED 12 Sep 2013
    08688588 BATH ACCOUNTANCY & TAX LIMITED 12 Sep 2013
    08699122 KELMONT LTD 20 Sep 2013
    08709792 D F KEMPTON LIMITED 30 Sep 2013
    08671888 GRADSTEP LTD. 02 Sep 2013
    08675818 FENG RUI LIMITED 04 Sep 2013
    08679480 THE FUTURE OF INSPIRATION C.I.C. 05 Sep 2013
    08686342 GET AHEAD OF THE GAME LIMITED 11 Sep 2013
    08687492 LIANE HANKS RESIDENTIAL LIMITED 12 Sep 2013
    08687733 SARAH JENKINS LTD 12 Sep 2013
    08690035 RICHARD J HOLLOWAY LTD 13 Sep 2013
    08690044 OAKLEY CREATIONS LIMITED 13 Sep 2013
    08690181 LAW FIRM RISK LIMITED 13 Sep 2013
    08699319 SCOUT PRODUCTIONS LIMITED 20 Sep 2013
    08700361 STEPHEN J REDMOND HR LIMITED 20 Sep 2013
    08709682 CRITICAL DIGITAL LIMITED 27 Sep 2013
    08674425 AFD COLLEGE LTD 03 Sep 2013
    08676028 FIONA HUNT MUSIC LIMITED 04 Sep 2013

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