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
New Company Registrations
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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) Somerset UK 2014 1,066 143,414 2013 1,037 132,684 % change 2.8% 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) Somerset UK 2014 1,066 143,414 2013 1,037 132,684 % change 2.8% 8.1% Record Year 2014 (1,066) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 399 287 380 New companies in 2013 359 320 358 % change 11.1% -10.3% 6.1% Record Year 2014 (399) 2011 (354) 2014 (380) July August September New companies in 2014 399 287 380 New companies in 2013 359 320 358 % change 11.1% -10.3% 6.1% Record Year 2014 (399) 2011 (354) 2014 (380)
Closed Companies (dissolved)
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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) Somerset UK 2014 723 101,670 2013 608 86,170 % change 18.9% 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) Somerset UK 2014 723 101,670 2013 608 86,170 % change 18.9% 18.0% Record Year 2009 (837) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 265 199 259 Closed companies in 2013 217 170 221 % change 22.1% 17.1% 17% Record Year 2014 (265) 2008 (435) 2009 (391) July August September Closed companies in 2014 265 199 259 Closed companies in 2013 217 170 221 % change 22.1% 17.1% 17% Record Year 2014 (265) 2008 (435) 2009 (391)
Net Company Growth
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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) Somerset UK 2014 343 41,744 2013 429 46,514 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) Somerset UK 2014 343 41,744 2013 429 46,514 Record Year 2011 (451) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2014 134 88 121 Net growth in 2013 142 150 137 Record Year 2008 (239) 2003 (223) 2002 (248) July August September Net growth in 2014 134 88 121 Net growth in 2013 142 150 137 Record Year 2008 (239) 2003 (223) 2002 (248)
UK Company Share
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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 2014 0.7% 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.8% 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 2014 0.7% 2013 0.8% 2012 0.8% 2011 0.9% 2010 0.8% Record Year (since 1960) 2002 (1.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 0.8% 0.7% 0.8% UK formation share in 2013 0.8% 0.8% 0.8% % change 1.0% -14.5% -2.6% Record Year 1991 (1.1%) 2002 (1.2%) 1990 (1.1%) July August September UK formation share in 2014 0.8% 0.7% 0.8% UK formation share in 2013 0.8% 0.8% 0.8% % change 1.0% -14.5% -2.6% Record Year 1991 (1.1%) 2002 (1.2%) 1990 (1.1%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.53% CONSULTING 5.17% CONSULTING 1.71% MANAGEMENT 4.63% CONSULTANCY 1.36% CONSULTANCY 3.55% WEST 1.10% PROPERTY 2.62% PROPERTY 1.00% ENGINEERING 2.07% ENGINEERING 0.97% CONSTRUCTION 2.05% SOMERSET 0.93% TRADING 2.00% BATH 0.84% LONDON 1.95% SOUTH 0.84% CARE 1.94% DESIGN 0.84% TRANSPORT 1.76% J 0.84% DESIGN 1.70% ELECTRICAL 0.78% CONSULTANTS 1.70% ASSOCIATES 0.76% PROPERTIES 1.63% DEVELOPMENTS 0.69% BUSINESS 1.62% TRADING 0.67% J 1.53% CARE 0.63% ELECTRICAL 1.53% CONSTRUCTION 0.63% GLOBAL 1.51% BUILDING 0.63% INVESTMENTS 1.50% (SW) 0.61% ASSOCIATES 1.48% HOUSE 0.58% MEDIA 1.38% BUSINESS 0.56% CO., 1.36% FARM 0.54% DEVELOPMENTS 1.35% MEDIA 0.50% BUILDING 1.30% TRANSPORT 0.50% IT 1.30% CONSULTANTS 0.50% M 1.23% word percentage uk word uk percentage MANAGEMENT 2.51% CONSULTING 5.18% CONSULTING 1.71% MANAGEMENT 4.63% CONSULTANCY 1.36% CONSULTANCY 3.54% WEST 1.10% PROPERTY 2.63% PROPERTY 1.02% ENGINEERING 2.08% ENGINEERING 0.97% CONSTRUCTION 2.05% SOMERSET 0.93% TRADING 2.01% DESIGN 0.86% LONDON 1.95% BATH 0.84% CARE 1.94% J 0.84% TRANSPORT 1.76% SOUTH 0.82% DESIGN 1.70% ELECTRICAL 0.78% CONSULTANTS 1.69% ASSOCIATES 0.76% PROPERTIES 1.63% DEVELOPMENTS 0.69% BUSINESS 1.63% TRADING 0.67% ELECTRICAL 1.53% BUILDING 0.63% J 1.53% CONSTRUCTION 0.61% GLOBAL 1.52% (SW) 0.61% INVESTMENTS 1.50% CARE 0.61% ASSOCIATES 1.48% HOUSE 0.58% MEDIA 1.38% BUSINESS 0.54% CO., 1.36% FARM 0.52% DEVELOPMENTS 1.35% ROAD 0.50% BUILDING 1.30% CONSULTANTS 0.50% IT 1.30% ENERGY 0.48% M 1.23%
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 1,522 278,481 70229 - Management consultancy activities other than financial management 447 40,717 99999 - Dormant Company 412 48,286 82990 - Other business support service activities not elsewhere classified 277 57,264 62020 - Information technology consultancy activities 208 29,313 74909 - Other professional, scientific and technical activities not elsewhere classified 186 18,890 96090 - Other service activities not elsewhere classified 149 28,224 62090 - Other information technology service activities 108 12,795 47910 - Retail sale via mail order houses or via Internet 108 9,914 74990 - Non-trading company 107 14,006 41100 - Development of building projects 104 10,604 43999 - Other specialised construction activities not elsewhere classified 99 8,501 68209 - Other letting and operating of own or leased real estate 95 10,361 62012 - Business and domestic software development 91 9,675 98000 - Residents property management 90 5,047 41202 - Construction of domestic buildings 87 7,151 45200 - Maintenance and repair of motor vehicles 82 5,335 56302 - Public houses and bars 78 6,056 86900 - Other human health activities 78 11,807 85590 - Other education not elsewhere classified 78 6,045 sic code number of companies uk companies None Supplied 1,399 263,052 70229 - Management consultancy activities other than financial management 453 41,421 99999 - Dormant Company 413 48,811 82990 - Other business support service activities not elsewhere classified 281 58,078 62020 - Information technology consultancy activities 213 29,780 74909 - Other professional, scientific and technical activities not elsewhere classified 188 19,117 96090 - Other service activities not elsewhere classified 152 28,864 41100 - Development of building projects 111 10,983 47910 - Retail sale via mail order houses or via Internet 111 10,125 62090 - Other information technology service activities 109 12,999 74990 - Non-trading company 104 14,053 43999 - Other specialised construction activities not elsewhere classified 103 8,701 68209 - Other letting and operating of own or leased real estate 102 10,684 62012 - Business and domestic software development 93 9,848 98000 - Residents property management 91 5,163 41202 - Construction of domestic buildings 84 7,363 45200 - Maintenance and repair of motor vehicles 84 5,472 56302 - Public houses and bars 79 6,211 85590 - Other education not elsewhere classified 79 6,162 86900 - Other human health activities 78 12,105
Recent Companies
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Randomly selected companies from this quarter
reports
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