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
New Company Registrations
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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) Somerset UK 2013 1,037 132,684 2012 984 118,868 % change 5.4% 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) Somerset UK 2013 1,037 132,684 2012 984 118,868 % change 5.4% 11.6% Record Year 2013 (1,037) 2013 (132,684) New Companies by Quarter
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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
July August September New companies in 2013 359 320 358 New companies in 2012 375 290 319 % change -4.3% 10.3% 12.2% Record Year 2012 (375) 2011 (354) 2013 (358) July August September New companies in 2013 359 320 358 New companies in 2012 375 290 319 % change -4.3% 10.3% 12.2% Record Year 2012 (375) 2011 (354) 2013 (358)
Closed Companies (dissolved)
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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) Somerset UK 2013 608 86,170 2012 579 75,908 % change 5.0% 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) Somerset UK 2013 608 86,170 2012 579 75,908 % change 5.0% 13.5% Record Year 2009 (837) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2013 217 170 221 Closed companies in 2012 197 205 177 % change 10.2% -17.1% 25% Record Year 2010 (232) 2008 (435) 2009 (391) July August September Closed companies in 2013 217 170 221 Closed companies in 2012 197 205 177 % change 10.2% -17.1% 25% Record Year 2010 (232) 2008 (435) 2009 (391)
Net Company Growth
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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) Somerset UK 2013 429 46,514 2012 405 42,960 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) Somerset UK 2013 429 46,514 2012 405 42,960 Record Year 2011 (451) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2013 142 150 137 Net growth in 2012 178 85 142 Record Year 2008 (239) 2003 (223) 2002 (248) July August September Net growth in 2013 142 150 137 Net growth in 2012 178 85 142 Record Year 2008 (239) 2003 (223) 2002 (248)
UK Company Share
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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 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.8% 2009 0.8% 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 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.8% 2009 0.8% Record Year (since 1960) 2002 (1.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
Company Share by Month
July August September UK formation share in 2013 0.8% 0.8% 0.8% UK formation share in 2012 0.9% 0.8% 0.8% % change -14.3% 1.2% -1.6% Record Year 1991 (1.1%) 2002 (1.2%) 1990 (1.1%) July August September UK formation share in 2013 0.8% 0.8% 0.8% UK formation share in 2012 0.9% 0.8% 0.8% % change -14.3% 1.2% -1.6% Record Year 1991 (1.1%) 2002 (1.2%) 1990 (1.1%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.50% CONSULTING 5.27% CONSULTING 1.79% MANAGEMENT 4.75% CONSULTANCY 1.24% CONSULTANCY 3.45% PROPERTY 1.14% PROPERTY 2.53% BATH 1.13% TRADING 2.08% PARK 1.01% ENGINEERING 1.83% WEST 0.95% LONDON 1.79% J 0.91% DESIGN 1.78% SOLAR 0.89% BUSINESS 1.74% ASSOCIATES 0.82% CONSTRUCTION 1.70% FARM 0.80% CONSULTANTS 1.69% SOMERSET 0.80% CARE 1.64% BUILDING 0.72% ASSOCIATES 1.61% ENGINEERING 0.72% GLOBAL 1.59% SOUTH 0.72% J 1.54% BUSINESS 0.70% MEDIA 1.54% M 0.68% INVESTMENTS 1.53% DEVELOPMENTS 0.68% PROPERTIES 1.45% DESIGN 0.62% IT 1.39% MEDIA 0.62% M 1.25% HOUSE 0.60% ELECTRICAL 1.20% CONSTRUCTION 0.60% BUILDING 1.19% D 0.58% CAPITAL 1.19% (SW) 0.56% DEVELOPMENTS 1.16% TRAINING 0.56% TRAINING 1.15% word percentage uk word uk percentage MANAGEMENT 2.50% CONSULTING 5.28% CONSULTING 1.79% MANAGEMENT 4.76% CONSULTANCY 1.24% CONSULTANCY 3.46% PROPERTY 1.14% PROPERTY 2.54% BATH 1.13% TRADING 2.08% PARK 1.01% ENGINEERING 1.84% WEST 0.95% LONDON 1.79% J 0.91% DESIGN 1.78% SOLAR 0.89% BUSINESS 1.74% FARM 0.81% CONSTRUCTION 1.70% ASSOCIATES 0.81% CONSULTANTS 1.69% SOMERSET 0.80% CARE 1.64% BUILDING 0.72% ASSOCIATES 1.61% SOUTH 0.72% GLOBAL 1.60% ENGINEERING 0.72% J 1.54% BUSINESS 0.70% MEDIA 1.53% DEVELOPMENTS 0.68% INVESTMENTS 1.53% M 0.68% PROPERTIES 1.45% CONSTRUCTION 0.62% IT 1.39% DESIGN 0.62% M 1.25% MEDIA 0.62% BUILDING 1.20% HOUSE 0.60% CAPITAL 1.20% TRAINING 0.58% ELECTRICAL 1.19% D 0.58% DEVELOPMENTS 1.17% (SW) 0.56% TRAINING 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 1,563 260,135 70229 - Management consultancy activities other than financial management 389 34,970 99999 - Dormant Company 371 46,169 82990 - Other business support service activities not elsewhere classified 298 54,854 62020 - Information technology consultancy activities 203 26,675 74909 - Other professional, scientific and technical activities not elsewhere classified 154 17,715 96090 - Other service activities not elsewhere classified 152 25,547 62090 - Other information technology service activities 116 12,516 47910 - Retail sale via mail order houses or via Internet 110 8,475 41100 - Development of building projects 110 9,271 74990 - Non-trading company 94 14,228 43999 - Other specialised construction activities not elsewhere classified 88 7,590 41202 - Construction of domestic buildings 82 6,039 68209 - Other letting and operating of own or leased real estate 79 8,312 62012 - Business and domestic software development 77 9,104 56302 - Public houses and bars 75 5,437 86900 - Other human health activities 75 9,203 98000 - Residents property management 71 4,680 85590 - Other education not elsewhere classified 70 5,576 69201 - Accounting and auditing activities 69 6,979 sic code number of companies uk companies None Supplied 1,435 244,464 70229 - Management consultancy activities other than financial management 397 35,731 99999 - Dormant Company 382 47,068 82990 - Other business support service activities not elsewhere classified 302 55,676 62020 - Information technology consultancy activities 206 27,242 74909 - Other professional, scientific and technical activities not elsewhere classified 161 18,024 96090 - Other service activities not elsewhere classified 153 26,207 62090 - Other information technology service activities 117 12,748 41100 - Development of building projects 111 9,527 47910 - Retail sale via mail order houses or via Internet 110 8,691 74990 - Non-trading company 99 14,457 43999 - Other specialised construction activities not elsewhere classified 90 7,818 41202 - Construction of domestic buildings 85 6,201 68209 - Other letting and operating of own or leased real estate 82 8,541 56302 - Public houses and bars 80 5,596 62012 - Business and domestic software development 77 9,285 86900 - Other human health activities 76 9,453 98000 - Residents property management 73 4,798 85590 - Other education not elsewhere classified 71 5,696 45200 - Maintenance and repair of motor vehicles 70 5,065
Recent Companies
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Randomly selected companies from this quarter
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