Somerset

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Somerset when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Somerset when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Somerset when compared to any previous September.
  • July 2014 saw a new record in company registrations in Somerset when compared to any previous July.
  • September 2014 saw a new record in company registrations in Somerset when compared to any previous September.
  • July 2014 saw a new record in company registrations in Somerset when compared to any previous July.
  • July 2014 saw a new record in company closures in Somerset when compared to any previous July.
  • July 2014 saw a new record in company closures in Somerset when compared to any previous July.

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 2014)

    Q3 2014 saw a new record in company registrations in Somerset when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Somerset when compared to any previous Q3.

    A total of 1,066 companies were registered in Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 2.8% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    20141,066143,414
    20131,037132,684
    % change2.8%8.1%
    Record Year 2014 (1,066) 2014 (143,414)
    New Companies by Quarter

    A total of 1,066 companies were registered in Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 2.8% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    20141,066143,414
    20131,037132,684
    % change2.8%8.1%
    Record Year 2014 (1,066) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2014399287380
    New companies in 2013359320358
    % change11.1%-10.3%6.1%
    Record Year2014 (399)2011 (354)2014 (380)
    JulyAugustSeptember
    New companies in 2014399287380
    New companies in 2013359320358
    % change11.1%-10.3%6.1%
    Record Year2014 (399)2011 (354)2014 (380)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 723 companies were dissolved in Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 18.9% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    2014723101,670
    201360886,170
    % change18.9%18.0%
    Record Year 2009 (837) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 723 companies were dissolved in Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 18.9% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    2014723101,670
    201360886,170
    % change18.9%18.0%
    Record Year 2009 (837) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Somerset when compared to any previous July.

    July 2014 saw a new record in company closures in Somerset when compared to any previous July.

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014265199259
    Closed companies in 2013217170221
    % change22.1%17.1%17%
    Record Year2014 (265)2008 (435)2009 (391)
    JulyAugustSeptember
    Closed companies in 2014265199259
    Closed companies in 2013217170221
    % change22.1%17.1%17%
    Record Year2014 (265)2008 (435)2009 (391)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014) was 343 companies.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    201434341,744
    201342946,514
    Record Year 2011 (451) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Somerset during the third quarter of 2014 (Jul 2014 - Sep 2014) was 343 companies.

    third quarter (Jul 2014 - Sep 2014)SomersetUK
    201434341,744
    201342946,514
    Record Year 2011 (451) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201413488121
    Net growth in 2013142150137
    Record Year2008 (239)2003 (223)2002 (248)
    JulyAugustSeptember
    Net growth in 201413488121
    Net growth in 2013142150137
    Record Year2008 (239)2003 (223)2002 (248)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Somerset formed 0.7% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Somerset
    20140.7%
    20130.8%
    20120.8%
    20110.9%
    20100.8%
    Record Year (since 1960) 2002 (1.0%)
    Company Share by Quarter

    In the third quarter of 2014, Somerset formed 0.7% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Somerset
    20140.7%
    20130.8%
    20120.8%
    20110.9%
    20100.8%
    Record Year (since 1960) 2002 (1.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.8%0.7%0.8%
    UK formation share in 20130.8%0.8%0.8%
    % change1.0%-14.5%-2.6%
    Record Year1991 (1.1%)2002 (1.2%)1990 (1.1%)
    JulyAugustSeptember
    UK formation share in 20140.8%0.7%0.8%
    UK formation share in 20130.8%0.8%0.8%
    % change1.0%-14.5%-2.6%
    Record Year1991 (1.1%)2002 (1.2%)1990 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 45.9.

    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 3.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 45.9.

    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 3.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    30.0% of all director appointments in Somerset in the third quarter of 2014 were female. This compares to a UK average of 26.3% 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.

    30.0% of all director appointments in Somerset in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.53%CONSULTING5.17%
    CONSULTING1.71%MANAGEMENT4.63%
    CONSULTANCY1.36%CONSULTANCY3.55%
    WEST1.10%PROPERTY2.62%
    PROPERTY1.00%ENGINEERING2.07%
    ENGINEERING0.97%CONSTRUCTION2.05%
    SOMERSET0.93%TRADING2.00%
    BATH0.84%LONDON1.95%
    SOUTH0.84%CARE1.94%
    DESIGN0.84%TRANSPORT1.76%
    J0.84%DESIGN1.70%
    ELECTRICAL0.78%CONSULTANTS1.70%
    ASSOCIATES0.76%PROPERTIES1.63%
    DEVELOPMENTS0.69%BUSINESS1.62%
    TRADING0.67%J1.53%
    CARE0.63%ELECTRICAL1.53%
    CONSTRUCTION0.63%GLOBAL1.51%
    BUILDING0.63%INVESTMENTS1.50%
    (SW)0.61%ASSOCIATES1.48%
    HOUSE0.58%MEDIA1.38%
    BUSINESS0.56%CO.,1.36%
    FARM0.54%DEVELOPMENTS1.35%
    MEDIA0.50%BUILDING1.30%
    TRANSPORT0.50%IT1.30%
    CONSULTANTS0.50%M1.23%
    wordpercentageuk worduk percentage
    MANAGEMENT2.51%CONSULTING5.18%
    CONSULTING1.71%MANAGEMENT4.63%
    CONSULTANCY1.36%CONSULTANCY3.54%
    WEST1.10%PROPERTY2.63%
    PROPERTY1.02%ENGINEERING2.08%
    ENGINEERING0.97%CONSTRUCTION2.05%
    SOMERSET0.93%TRADING2.01%
    DESIGN0.86%LONDON1.95%
    BATH0.84%CARE1.94%
    J0.84%TRANSPORT1.76%
    SOUTH0.82%DESIGN1.70%
    ELECTRICAL0.78%CONSULTANTS1.69%
    ASSOCIATES0.76%PROPERTIES1.63%
    DEVELOPMENTS0.69%BUSINESS1.63%
    TRADING0.67%ELECTRICAL1.53%
    BUILDING0.63%J1.53%
    CONSTRUCTION0.61%GLOBAL1.52%
    (SW)0.61%INVESTMENTS1.50%
    CARE0.61%ASSOCIATES1.48%
    HOUSE0.58%MEDIA1.38%
    BUSINESS0.54%CO.,1.36%
    FARM0.52%DEVELOPMENTS1.35%
    ROAD0.50%BUILDING1.30%
    CONSULTANTS0.50%IT1.30%
    ENERGY0.48%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,522278,481
    70229 - Management consultancy activities other than financial management44740,717
    99999 - Dormant Company41248,286
    82990 - Other business support service activities not elsewhere classified27757,264
    62020 - Information technology consultancy activities20829,313
    74909 - Other professional, scientific and technical activities not elsewhere classified18618,890
    96090 - Other service activities not elsewhere classified14928,224
    62090 - Other information technology service activities10812,795
    47910 - Retail sale via mail order houses or via Internet1089,914
    74990 - Non-trading company10714,006
    41100 - Development of building projects10410,604
    43999 - Other specialised construction activities not elsewhere classified998,501
    68209 - Other letting and operating of own or leased real estate9510,361
    62012 - Business and domestic software development919,675
    98000 - Residents property management905,047
    41202 - Construction of domestic buildings877,151
    45200 - Maintenance and repair of motor vehicles825,335
    56302 - Public houses and bars786,056
    86900 - Other human health activities7811,807
    85590 - Other education not elsewhere classified786,045
    sic codenumber of companiesuk companies
    None Supplied1,399263,052
    70229 - Management consultancy activities other than financial management45341,421
    99999 - Dormant Company41348,811
    82990 - Other business support service activities not elsewhere classified28158,078
    62020 - Information technology consultancy activities21329,780
    74909 - Other professional, scientific and technical activities not elsewhere classified18819,117
    96090 - Other service activities not elsewhere classified15228,864
    41100 - Development of building projects11110,983
    47910 - Retail sale via mail order houses or via Internet11110,125
    62090 - Other information technology service activities10912,999
    74990 - Non-trading company10414,053
    43999 - Other specialised construction activities not elsewhere classified1038,701
    68209 - Other letting and operating of own or leased real estate10210,684
    62012 - Business and domestic software development939,848
    98000 - Residents property management915,163
    41202 - Construction of domestic buildings847,363
    45200 - Maintenance and repair of motor vehicles845,472
    56302 - Public houses and bars796,211
    85590 - Other education not elsewhere classified796,162
    86900 - Other human health activities7812,105

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09168138 SR&SR HEALTHCARE SERVICES LIMITED 08 Aug 2014
    09182372 EUREKAOFBATH LIMITED 19 Aug 2014
    09184888 UK WEB FOCUS LIMITED 21 Aug 2014
    09185388 YB CLOTHING LTD 21 Aug 2014
    09189017 KITCHENATION LTD 28 Aug 2014
    09189020 GARDENATION LTD 28 Aug 2014
    09194881 SEKKAI LIMITED 29 Aug 2014
    09169047 BELLE MERCHANDISING & PROMOTIONS LIMITED 11 Aug 2014
    09189922 PADHOP LTD 28 Aug 2014
    09192082 VALIA TECHNOLOGY LIMITED 29 Aug 2014
    09165966 KNUCKLEUP TRAINING CENTRE LIMITED 07 Aug 2014
    09185890 OPTIS OPTICAL LTD 21 Aug 2014
    09195683 ACTIVE8 ROBOTS LIMITED 30 Aug 2014
    09178196 M HIGGINS DRYLINING LTD 15 Aug 2014
    09185086 DEB WHITTLE EDUCATION CONSULTANCY LIMITED 21 Aug 2014
    09164159 FORSTAL ASSOCIATES LTD 06 Aug 2014
    09166300 MJ RUTTER ASSOCIATES LTD 07 Aug 2014
    09158077 REFRIGERATED TRAILER SALES AND HIRE LIMITED 01 Aug 2014
    09169777 FLAMINGO LIPS LTD 11 Aug 2014
    09183181 MISHERGAS LTD 20 Aug 2014
    09158828 FETCH RESOURCE CONSULTING LIMITED 04 Aug 2014
    09159395 MODERN SURFACING LIMITED 04 Aug 2014
    09169648 WE PAINT ANY TRUCK LIMITED 11 Aug 2014
    09170914 STYLISH AMBIENCE LTD 11 Aug 2014
    09171582 MONMOUTH HEALTH LIMITED 12 Aug 2014