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Somerset

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Somerset when compared to any previous February.
  • January 2014 saw a new record in company registrations in Somerset when compared to any previous January.
  • February 2014 saw a new record in company registrations in Somerset when compared to any previous February.
  • January 2014 saw a new record in company registrations in Somerset when compared to any previous January.
  • February 2014 saw a new record in company registrations in Somerset when compared to any previous February.
  • January 2014 saw a new record in company registrations 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 2014)

    Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Somerset when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Somerset when compared to any quarter in history.

    A total of 1,215 companies were registered in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    20141,215150,722
    20131,088134,802
    % change11.7%11.8%
    Record Year 2014 (1,215) 2007 (166,814)
    New Companies by Quarter

    A total of 1,215 companies were registered in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    20141,215150,722
    20131,088134,802
    % change11.7%11.8%
    Record Year 2014 (1,215) 2007 (166,814)
    New Companies by Quarter

    A total of 1,215 companies were registered in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 11.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    20141,215150,722
    20131,088134,802
    % change11.7%11.8%
    Record Year 2014 (1,215) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Somerset when compared to any previous February.

    January 2014 saw a new record in company registrations in Somerset when compared to any previous January.

    February 2014 saw a new record in company registrations in Somerset when compared to any previous February.

    January 2014 saw a new record in company registrations in Somerset when compared to any previous January.

    February 2014 saw a new record in company registrations in Somerset when compared to any previous February.

    January 2014 saw a new record in company registrations in Somerset when compared to any previous January.

    New Companies by Month
    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014363372480
    New companies in 2013325371392
    % change11.7%0.3%22.4%
    Record Year2014 (363)2014 (372)2007 (563)
    JanuaryFebruaryMarch
    New companies in 2014363372480
    New companies in 2013325371392
    % change11.7%0.3%22.4%
    Record Year2014 (363)2014 (372)2007 (563)
    JanuaryFebruaryMarch
    New companies in 2014363372480
    New companies in 2013325371392
    % change11.7%0.3%22.4%
    Record Year2014 (363)2014 (372)2007 (563)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 609 companies were dissolved in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 4.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460982,370
    201364077,914
    % change-4.8%5.7%
    Record Year 2009 (684) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 609 companies were dissolved in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 4.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460982,370
    201364077,914
    % change-4.8%5.7%
    Record Year 2009 (684) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 609 companies were dissolved in Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 4.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460982,370
    201364077,914
    % change-4.8%5.7%
    Record Year 2009 (684) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014187209213
    Closed companies in 2013287191162
    % change-34.8%9.4%31%
    Record Year2013 (287)2008 (221)2009 (422)
    JanuaryFebruaryMarch
    Closed companies in 2014187209213
    Closed companies in 2013287191162
    % change-34.8%9.4%31%
    Record Year2013 (287)2008 (221)2009 (422)
    JanuaryFebruaryMarch
    Closed companies in 2014187209213
    Closed companies in 2013287191162
    % change-34.8%9.4%31%
    Record Year2013 (287)2008 (221)2009 (422)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014) was 606 companies.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460668,352
    201344856,888
    Record Year 2007 (748) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014) was 606 companies.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460668,352
    201344856,888
    Record Year 2007 (748) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Somerset during the first quarter of 2014 (Jan 2014 - Mar 2014) was 606 companies.

    first quarter (Jan 2014 - Mar 2014)SomersetUK
    201460668,352
    201344856,888
    Record Year 2007 (748) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014176163267
    Net growth in 201338180230
    Record Year2003 (216)2003 (256)2007 (437)
    JanuaryFebruaryMarch
    Net growth in 2014176163267
    Net growth in 201338180230
    Record Year2003 (216)2003 (256)2007 (437)
    JanuaryFebruaryMarch
    Net growth in 2014176163267
    Net growth in 201338180230
    Record Year2003 (216)2003 (256)2007 (437)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Somerset
    20140.8%
    20130.8%
    20120.8%
    20110.9%
    20100.9%
    Record Year (since 1960) 1991 (1.3%)
    Company Share by Quarter

    In the first quarter of 2014, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Somerset
    20140.8%
    20130.8%
    20120.8%
    20110.9%
    20100.9%
    Record Year (since 1960) 1991 (1.3%)
    Company Share by Quarter

    In the first quarter of 2014, Somerset formed 0.8% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Somerset
    20140.8%
    20130.8%
    20120.8%
    20110.9%
    20100.9%
    Record Year (since 1960) 1991 (1.3%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.8%0.8%0.9%
    UK formation share in 20130.7%0.8%0.8%
    % change4.5%-7.4%2.2%
    Record Year2003 (1.2%)1991 (1.7%)1993 (1.4%)
    JanuaryFebruaryMarch
    UK formation share in 20140.8%0.8%0.9%
    UK formation share in 20130.7%0.8%0.8%
    % change4.5%-7.4%2.2%
    Record Year2003 (1.2%)1991 (1.7%)1993 (1.4%)
    JanuaryFebruaryMarch
    UK formation share in 20140.8%0.8%0.9%
    UK formation share in 20130.7%0.8%0.8%
    % change4.5%-7.4%2.2%
    Record Year2003 (1.2%)1991 (1.7%)1993 (1.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 46.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

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

    32.6% of all director appointments in Somerset in the first quarter of 2014 were female. This compares to a UK average of 26.4% 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.

    32.6% of all director appointments in Somerset in the first quarter of 2014 were female. This compares to a UK average of 26.4% 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.

    32.6% of all director appointments in Somerset in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.72%CONSULTING5.22%
    CONSULTING1.92%MANAGEMENT4.67%
    PROPERTY1.25%CONSULTANCY3.49%
    CONSULTANCY1.23%PROPERTY2.64%
    WEST1.22%TRADING2.05%
    BATH1.16%LONDON1.88%
    J0.91%ENGINEERING1.86%
    SOUTH0.91%CARE1.79%
    ASSOCIATES0.84%CONSTRUCTION1.75%
    SOMERSET0.82%DESIGN1.75%
    ENGINEERING0.78%CONSULTANTS1.73%
    BUSINESS0.72%BUSINESS1.71%
    HOUSE0.72%PROPERTIES1.60%
    BUILDING0.70%INVESTMENTS1.60%
    DEVELOPMENTS0.66%GLOBAL1.58%
    MEDIA0.66%J1.48%
    CARE0.65%ASSOCIATES1.48%
    DESIGN0.65%MEDIA1.48%
    CONSTRUCTION0.63%IT1.33%
    TRAINING0.61%TRANSPORT1.30%
    FARM0.61%DEVELOPMENTS1.29%
    CONSULTANTS0.57%BUILDING1.24%
    (SW)0.57%M1.21%
    ELECTRICAL0.57%CAPITAL1.20%
    D0.53%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    MANAGEMENT2.71%CONSULTING5.23%
    CONSULTING1.92%MANAGEMENT4.69%
    PROPERTY1.25%CONSULTANCY3.49%
    WEST1.19%PROPERTY2.64%
    CONSULTANCY1.19%TRADING2.05%
    BATH1.16%LONDON1.90%
    J0.93%ENGINEERING1.87%
    SOUTH0.89%CARE1.80%
    ASSOCIATES0.85%CONSTRUCTION1.76%
    SOMERSET0.80%DESIGN1.75%
    ENGINEERING0.78%CONSULTANTS1.73%
    BUSINESS0.72%BUSINESS1.71%
    HOUSE0.72%PROPERTIES1.60%
    BUILDING0.70%INVESTMENTS1.60%
    DEVELOPMENTS0.66%GLOBAL1.59%
    DESIGN0.66%MEDIA1.49%
    FARM0.64%J1.49%
    CARE0.64%ASSOCIATES1.48%
    MEDIA0.64%IT1.34%
    CONSTRUCTION0.63%TRANSPORT1.30%
    TRAINING0.59%DEVELOPMENTS1.29%
    CONSULTANTS0.57%BUILDING1.24%
    ELECTRICAL0.55%CAPITAL1.21%
    (SW)0.55%M1.21%
    SOLAR0.55%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    MANAGEMENT2.73%CONSULTING5.23%
    CONSULTING1.91%MANAGEMENT4.69%
    PROPERTY1.23%CONSULTANCY3.49%
    WEST1.18%PROPERTY2.64%
    CONSULTANCY1.18%TRADING2.04%
    BATH1.14%LONDON1.90%
    J0.93%ENGINEERING1.87%
    ASSOCIATES0.87%CARE1.80%
    SOUTH0.87%CONSTRUCTION1.77%
    SOMERSET0.80%DESIGN1.75%
    ENGINEERING0.78%CONSULTANTS1.73%
    HOUSE0.72%BUSINESS1.71%
    BUSINESS0.72%PROPERTIES1.60%
    BUILDING0.70%INVESTMENTS1.59%
    DESIGN0.68%GLOBAL1.59%
    DEVELOPMENTS0.66%MEDIA1.49%
    CARE0.63%J1.48%
    MEDIA0.63%ASSOCIATES1.48%
    CONSTRUCTION0.63%IT1.34%
    FARM0.61%TRANSPORT1.30%
    TRAINING0.57%DEVELOPMENTS1.29%
    CONSULTANTS0.57%BUILDING1.24%
    ELECTRICAL0.55%CAPITAL1.21%
    (SW)0.55%M1.20%
    D0.53%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,628280,210
    70229 - Management consultancy activities other than financial management43237,882
    99999 - Dormant Company39847,084
    82990 - Other business support service activities not elsewhere classified29056,411
    62020 - Information technology consultancy activities20427,750
    74909 - Other professional, scientific and technical activities not elsewhere classified16618,491
    96090 - Other service activities not elsewhere classified14826,700
    47910 - Retail sale via mail order houses or via Internet1119,358
    41100 - Development of building projects1079,855
    62090 - Other information technology service activities10412,813
    74990 - Non-trading company10314,135
    41202 - Construction of domestic buildings916,559
    43999 - Other specialised construction activities not elsewhere classified878,155
    62012 - Business and domestic software development869,509
    68209 - Other letting and operating of own or leased real estate869,284
    56302 - Public houses and bars795,732
    98000 - Residents property management784,832
    45200 - Maintenance and repair of motor vehicles775,130
    86900 - Other human health activities7510,273
    85590 - Other education not elsewhere classified675,876
    sic codenumber of companiesuk companies
    None Supplied1,424254,725
    70229 - Management consultancy activities other than financial management44239,157
    99999 - Dormant Company41248,100
    82990 - Other business support service activities not elsewhere classified30057,654
    62020 - Information technology consultancy activities20928,692
    74909 - Other professional, scientific and technical activities not elsewhere classified17019,018
    96090 - Other service activities not elsewhere classified15227,652
    47910 - Retail sale via mail order houses or via Internet1149,673
    41100 - Development of building projects11010,295
    62090 - Other information technology service activities10613,149
    74990 - Non-trading company10614,336
    43999 - Other specialised construction activities not elsewhere classified958,495
    41202 - Construction of domestic buildings926,890
    68209 - Other letting and operating of own or leased real estate909,713
    62012 - Business and domestic software development899,818
    56302 - Public houses and bars836,008
    45200 - Maintenance and repair of motor vehicles795,360
    98000 - Residents property management795,032
    86900 - Other human health activities7510,681
    85590 - Other education not elsewhere classified706,057
    sic codenumber of companiesuk companies
    None Supplied1,422254,441
    70229 - Management consultancy activities other than financial management44239,242
    99999 - Dormant Company41047,692
    82990 - Other business support service activities not elsewhere classified29957,543
    62020 - Information technology consultancy activities20928,770
    74909 - Other professional, scientific and technical activities not elsewhere classified17018,956
    96090 - Other service activities not elsewhere classified15227,543
    41100 - Development of building projects11510,399
    47910 - Retail sale via mail order houses or via Internet1139,695
    62090 - Other information technology service activities10613,145
    74990 - Non-trading company10214,142
    68209 - Other letting and operating of own or leased real estate959,832
    43999 - Other specialised construction activities not elsewhere classified958,503
    62012 - Business and domestic software development899,838
    41202 - Construction of domestic buildings886,917
    56302 - Public houses and bars836,009
    45200 - Maintenance and repair of motor vehicles815,385
    98000 - Residents property management795,073
    86900 - Other human health activities7610,715
    85590 - Other education not elsewhere classified706,068

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08873795 ALMOND ELECTRICS LIMITED 03 Feb 2014
    08878730 FERRINGTON MANOR MARKETING LIMITED 06 Feb 2014
    08881894 SITE-LINES INSTALLATIONS LTD 07 Feb 2014
    08884863 QUEENSQUARE TRUSTEES LIMITED 10 Feb 2014
    08891098 UNION PUBLISHING LTD 12 Feb 2014
    08891566 DIP CREATIVE LIMITED 12 Feb 2014
    08898509 KITCHENS & BATHROOMS OF BATH LTD 17 Feb 2014
    08904298 IN THE MIX INTRODUCTIONS LIMITED 20 Feb 2014
    08915513 CLOUD SECURITIES LTD 27 Feb 2014
    08916511 GREEN GATEWAYS LIMITED 28 Feb 2014
    08879164 GEORGE & GEORGE PROPERTIES LTD 06 Feb 2014
    08881226 FUNTASTIC FANCY DRESS LTD 07 Feb 2014
    08896349 20:20 VISION THEATRE LTD 14 Feb 2014
    08901264 FIT 4 LIFE OSTEOPATHY LIMITED 19 Feb 2014
    08902832 BLUE2 VENTURES LTD 19 Feb 2014
    08909448 HENLEY MANAGEMENT CONSULTING LIMITED 25 Feb 2014
    08915392 CALIBRE HOMES DEVELOPMENTS LIMITED 27 Feb 2014
    08879609 IS-IP LIMITED 06 Feb 2014
    08896617 ETIT LTD 17 Feb 2014
    08898883 UNIQUE TAXIS LIMITED 17 Feb 2014
    08899531 SPARKLING SOLUTIONS (SW) LIMITED 18 Feb 2014
    08912878 GETMORE SERVICE LIMITED 26 Feb 2014
    08914323 KITCHEN TABLE COOKERY LTD 27 Feb 2014
    08887158 ROB NURSE LTD 11 Feb 2014
    08874109 WESTFORD TRADE SERVICES (UK) LTD 04 Feb 2014

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