Somerset
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Somerset when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Somerset when compared to any half year in history.
- The first half of 2014 saw a new record in company registrations in Somerset when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Somerset when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Somerset when compared to any previous Q2.
- Q2 2014 saw a new record in company registrations in Somerset when compared to any previous Q2.
- June 2014 saw a new record in company registrations in Somerset when compared to any previous June.
- June 2014 saw a new record in company registrations in Somerset when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Somerset when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Somerset when compared to any half year in history.
The first half of 2014 saw a new record in company registrations in Somerset when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Somerset when compared to any half year in history.
In the first half of 2014 a total of 2,332 companies were formed in Somerset. This figure is 9.1% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Somerset occurred in 2014 when a total of 2,332 were formed.
Half Year (Jan-Jun) Somerset UK 2014 2,332 300,731 2013 2,137 269,432 % change 9.1% 11.6% Record Year 2014 (2,332) 2014 (300,731) In the first half of 2014 a total of 2,332 companies were formed in Somerset. This figure is 9.1% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Somerset occurred in 2014 when a total of 2,332 were formed.
Half Year (Jan-Jun) Somerset UK 2014 2,332 300,731 2013 2,137 269,432 % change 9.1% 11.6% Record Year 2014 (2,332) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Somerset when compared to any previous Q2.
Q2 2014 saw a new record in company registrations in Somerset when compared to any previous Q2.
A total of 1,117 companies were registered in Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 6.5% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 1,117 150,009 2013 1,049 134,630 % change 6.5% 11.4% Record Year 2014 (1,117) 2014 (150,009) New Companies by Quarter
A total of 1,117 companies were registered in Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 6.5% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 1,117 150,009 2013 1,049 134,630 % change 6.5% 11.4% Record Year 2014 (1,117) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Somerset when compared to any previous June.
June 2014 saw a new record in company registrations in Somerset when compared to any previous June.
New Companies by Month
New Companies by Month
April May June New companies in 2014 370 379 368 New companies in 2013 375 389 285 % change -1.3% -2.6% 29.1% Record Year 2013 (375) 2013 (389) 2014 (368) April May June New companies in 2014 370 379 368 New companies in 2013 375 389 285 % change -1.3% -2.6% 29.1% Record Year 2013 (375) 2013 (389) 2014 (368)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,348 companies were dissolved in Somerset. This figure is 14.2% higher than last year, which compares equally to the UK wide change of 14.2%.
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) Somerset UK 2014 1,348 177,207 2013 1,180 155,192 % change 14.2% 14.2% Record Year 2009 (1,850) 2009 (289,245) In the first half of 2014 a total of 1,348 companies were dissolved in Somerset. This figure is 14.2% higher than last year, which compares equally to the UK wide change of 14.2%.
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) Somerset UK 2014 1,348 177,207 2013 1,180 155,192 % change 14.2% 14.2% Record Year 2009 (1,850) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 739 companies were dissolved in Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 36.9% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 739 94,837 2013 540 77,278 % change 36.9% 22.7% Record Year 2009 (1,166) 2009 (181,179) Dissolved Companies by Quarter
A total of 739 companies were dissolved in Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 36.9% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 739 94,837 2013 540 77,278 % change 36.9% 22.7% Record Year 2009 (1,166) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
Dissolved Companies by Month
April May June Closed companies in 2014 152 315 272 Closed companies in 2013 196 159 185 % change -22.4% 98.1% 47% Record Year 2009 (297) 2009 (549) 2009 (320) April May June Closed companies in 2014 152 315 272 Closed companies in 2013 196 159 185 % change -22.4% 98.1% 47% Record Year 2009 (297) 2009 (549) 2009 (320)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Somerset increased by 984 companies.
Half Year (Jan-Jun) Somerset UK 2014 984 123,524 2013 957 114,240 Record Year 2003 (1,527) 2007 (171,296) In the first half of 2014 the company register for Somerset increased by 984 companies.
Half Year (Jan-Jun) Somerset UK 2014 984 123,524 2013 957 114,240 Record Year 2003 (1,527) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014) was 378 companies.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 378 55,172 2013 509 57,352 Record Year 2013 (509) 2007 (60,014) Net Growth by Quarter
Net company growth for Somerset during the second quarter of 2014 (Apr 2014 - Jun 2014) was 378 companies.
second quarter (Apr 2014 - Jun 2014) Somerset UK 2014 378 55,172 2013 509 57,352 Record Year 2013 (509) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 218 64 96 Net growth in 2013 179 230 100 Record Year 2003 (274) 2003 (268) 2008 (212) April May June Net growth in 2014 218 64 96 Net growth in 2013 179 230 100 Record Year 2003 (274) 2003 (268) 2008 (212)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Somerset formed 0.8% of all UK companies. This is the same as the 2013 figure of 0.8%.
Half Year (Jan-Jun) Somerset 2014 0.8% 2013 0.8% 2012 0.8% 2011 0.8% 2010 0.8% Record Year (since 1960) 1991 (1.2%) Company Share by Half Year
In the first half of 2014 Somerset formed 0.8% of all UK companies. This is the same as the 2013 figure of 0.8%.
Half Year (Jan-Jun) Somerset 2014 0.8% 2013 0.8% 2012 0.8% 2011 0.8% 2010 0.8% Record Year (since 1960) 1991 (1.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Somerset formed 0.7% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Somerset 2014 0.7% 2013 0.8% 2012 0.8% 2011 0.8% 2010 0.8% Record Year (since 1960) 1990 (1.2%) Company Share by Quarter
In the second quarter of 2014, Somerset formed 0.7% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Somerset 2014 0.7% 2013 0.8% 2012 0.8% 2011 0.8% 2010 0.8% Record Year (since 1960) 1990 (1.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 0.7% 0.8% 0.8% UK formation share in 2013 0.8% 0.9% 0.7% % change -11.0% -10.1% 11.9% Record Year 2002 (1.1%) 1990 (1.3%) 1991 (1.3%) April May June UK formation share in 2014 0.7% 0.8% 0.8% UK formation share in 2013 0.8% 0.9% 0.7% % change -11.0% -10.1% 11.9% Record Year 2002 (1.1%) 1990 (1.3%) 1991 (1.3%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 46.3.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.
Director Age by Half Year
The average age of a director in the first half of 2014 was 46.3.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 46.4.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.6%.
Director Age by Quarter
The average age of a director in the second quarter of 2014 was 46.4.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Somerset was 2007 when 35.3% of all directors were female.
31.3% of all director appointments in Somerset in the first half of 2014 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.
31.3% of all director appointments in Somerset in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Somerset was in 2005 when 35.1% of all directors were female.
30.0% of all director appointments in Somerset in the second quarter of 2014 were female. This compares to a UK average of 25.9% 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.
30.0% of all director appointments in Somerset in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.65% CONSULTING 5.16% CONSULTING 1.71% MANAGEMENT 4.64% CONSULTANCY 1.28% CONSULTANCY 3.50% PROPERTY 1.24% PROPERTY 2.66% WEST 1.20% TRADING 2.03% BATH 0.98% ENGINEERING 1.99% ENGINEERING 0.96% CONSTRUCTION 1.93% J 0.92% LONDON 1.93% SOUTH 0.86% CARE 1.85% ASSOCIATES 0.81% DESIGN 1.75% SOMERSET 0.81% CONSULTANTS 1.73% BUILDING 0.71% BUSINESS 1.69% DESIGN 0.70% PROPERTIES 1.63% CONSTRUCTION 0.70% TRANSPORT 1.58% ELECTRICAL 0.66% GLOBAL 1.55% DEVELOPMENTS 0.64% INVESTMENTS 1.55% BUSINESS 0.62% J 1.51% HOUSE 0.62% ASSOCIATES 1.48% FARM 0.58% MEDIA 1.44% CONSULTANTS 0.58% ELECTRICAL 1.40% MEDIA 0.56% IT 1.33% (SW) 0.56% DEVELOPMENTS 1.33% CARE 0.54% BUILDING 1.26% TRADING 0.54% M 1.24% TRAINING 0.53% CO., 1.20% word percentage uk word uk percentage MANAGEMENT 2.65% CONSULTING 5.16% CONSULTING 1.71% MANAGEMENT 4.64% CONSULTANCY 1.28% CONSULTANCY 3.49% PROPERTY 1.24% PROPERTY 2.66% WEST 1.20% TRADING 2.03% ENGINEERING 0.96% ENGINEERING 1.99% BATH 0.96% LONDON 1.93% J 0.92% CONSTRUCTION 1.93% SOUTH 0.85% CARE 1.85% ASSOCIATES 0.83% DESIGN 1.75% SOMERSET 0.81% CONSULTANTS 1.73% DESIGN 0.71% BUSINESS 1.69% BUILDING 0.71% PROPERTIES 1.63% CONSTRUCTION 0.68% TRANSPORT 1.58% ELECTRICAL 0.66% GLOBAL 1.55% DEVELOPMENTS 0.64% INVESTMENTS 1.55% HOUSE 0.62% J 1.50% BUSINESS 0.60% ASSOCIATES 1.48% CONSULTANTS 0.58% MEDIA 1.44% (SW) 0.56% ELECTRICAL 1.40% FARM 0.56% IT 1.33% MEDIA 0.54% DEVELOPMENTS 1.33% TRADING 0.54% BUILDING 1.26% CARE 0.53% M 1.23% FINANCIAL 0.53% CO., 1.20%
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 1,399 261,557 70229 - Management consultancy activities other than financial management 441 40,250 99999 - Dormant Company 417 48,436 82990 - Other business support service activities not elsewhere classified 296 57,421 62020 - Information technology consultancy activities 206 29,029 74909 - Other professional, scientific and technical activities not elsewhere classified 179 19,058 96090 - Other service activities not elsewhere classified 150 28,352 74990 - Non-trading company 109 14,351 41100 - Development of building projects 109 10,527 47910 - Retail sale via mail order houses or via Internet 108 9,900 62090 - Other information technology service activities 103 13,024 68209 - Other letting and operating of own or leased real estate 99 10,133 62012 - Business and domestic software development 93 9,834 43999 - Other specialised construction activities not elsewhere classified 92 8,533 41202 - Construction of domestic buildings 88 7,053 98000 - Residents property management 86 5,046 45200 - Maintenance and repair of motor vehicles 86 5,375 56302 - Public houses and bars 82 6,099 86900 - Other human health activities 80 11,292 56101 - Licensed restaurants 74 8,585 sic code number of companies uk companies None Supplied 1,378 259,495 70229 - Management consultancy activities other than financial management 443 40,375 99999 - Dormant Company 414 48,126 82990 - Other business support service activities not elsewhere classified 296 57,459 62020 - Information technology consultancy activities 206 29,145 74909 - Other professional, scientific and technical activities not elsewhere classified 179 19,026 96090 - Other service activities not elsewhere classified 151 28,340 41100 - Development of building projects 115 10,664 47910 - Retail sale via mail order houses or via Internet 107 9,940 74990 - Non-trading company 105 14,184 62090 - Other information technology service activities 103 13,042 68209 - Other letting and operating of own or leased real estate 103 10,262 62012 - Business and domestic software development 93 9,875 43999 - Other specialised construction activities not elsewhere classified 92 8,555 45200 - Maintenance and repair of motor vehicles 88 5,411 98000 - Residents property management 86 5,095 41202 - Construction of domestic buildings 84 7,088 56302 - Public houses and bars 82 6,119 86900 - Other human health activities 80 11,353 56101 - Licensed restaurants 76 8,651
Recent Companies
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Randomly selected companies from this quarter
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