Taunton, Somerset
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Taunton when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 254 companies were formed in Taunton. This figure is 17.1% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Taunton occurred in 2003 when a total of 303 were formed.
Half Year (Jan-Jun) Taunton UK 2010 254 203,749 2009 217 182,021 % change 17.1% 11.9% Record Year 2003 (303) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 113 companies were registered in Taunton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 0.9% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Taunton UK 2010 113 98,612 2009 112 90,987 % change 0.9% 8.4% Record Year 2003 (142) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Taunton when compared to any previous June.
New Companies by Month
April May June New companies in 2010 27 38 48 New companies in 2009 44 31 37 % change -38.6% 22.6% 29.7% Record Year 2003 (55) 2003 (47) 2010 (48)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 187 companies were dissolved in Taunton. This figure is 26.1% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Taunton occurred in 2009 when a total of 253 were closed.
Half Year (Jan-Jun) Taunton UK 2010 187 177,631 2009 253 289,236 % change -26.1% -38.6% Record Year 2009 (253) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 110 companies were dissolved in Taunton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 34.5% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Taunton UK 2010 110 94,954 2009 168 181,176 % change -34.5% -47.6% Record Year 2009 (168) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 21 41 48 Closed companies in 2009 39 74 55 % change -46.2% -44.6% -13% Record Year 2009 (39) 2009 (74) 2009 (55)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Taunton increased by 67 companies.
Half Year (Jan-Jun) Taunton UK 2010 67 26,118 2009 -36 -107,215 Record Year 2003 (225) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Taunton during the second quarter of 2010 (Apr 2010 - Jun 2010) was 3 companies.
second quarter (Apr 2010 - Jun 2010) Taunton UK 2010 3 3,658 2009 -56 -90,189 Record Year 2003 (107) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 6 -3 0 Net growth in 2009 5 -43 -18 Record Year 2003 (46) 2003 (38) 2002 (33)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Taunton formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Taunton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1965 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Taunton formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Taunton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1966 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -43.5% 16.8% 16.7% Record Year 1962 (0.4%) 1966 (0.4%) 1969 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 48.6.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 49.0.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Taunton was 1861 when 40.0% of all directors were female.
28.9% of all director appointments in Taunton in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Taunton was in 1866 when 66.7% of all directors were female.
26.1% of all director appointments in Taunton in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.35% MANAGEMENT 5.01% CONSULTING 1.36% CONSULTING 4.79% (SOUTH 1.36% CONSULTANCY 3.02% PROPERTY 1.36% PROPERTY 2.40% WEST) 1.24% ASSOCIATES 2.02% (TAUNTON) 0.87% TRADING 2.01% WEST 0.87% DESIGN 1.91% M 0.87% CONSTRUCTION 1.85% SOMERSET 0.74% MEDIA 1.80% ASSOCIATES 0.74% BUSINESS 1.75% CONSTRUCTION 0.74% CONSULTANTS 1.71% J 0.74% INTERNATIONAL 1.59% BUSINESS 0.74% ENGINEERING 1.56% DESIGN 0.62% LONDON 1.52% HOUSE 0.62% INVESTMENTS 1.49% DEVELOPMENTS 0.62% J 1.46% R 0.62% CARE 1.41% ELECTRICAL 0.62% GLOBAL 1.39% SOUTH 0.62% PROPERTIES 1.35% TAUNTON 0.62% BUILDING 1.33% P 0.49% M 1.29% BUILDING 0.49% IT 1.28% HOLDINGS 0.49% ELECTRICAL 1.27% COUNTRY 0.49% GROUP 1.25% SYSTEMS 0.49% DEVELOPMENTS 1.25%
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 159 207,125 7487 - Other business activities 45 68,525 7414 - Business & management consultancy 30 14,598 9999 - Dormant Company 29 19,842 82990 - Other business support service activities not elsewhere classified 26 25,942 70229 - Management consultancy activities other than financial management 26 13,490 4521 - General construction & civil engineering 19 8,262 99999 - Dormant Company 18 14,342 74909 - Other professional, scientific and technical activities not elsewhere classified 15 6,684 62020 - Information technology consultancy activities 13 8,590 41100 - Development of building projects 10 3,945 86900 - Other human health activities 10 3,450 43390 - Other building completion and finishing 10 2,417 68320 - Management of real estate on a fee or contract basis 9 3,070 7499 - Non-trading company 9 13,997 41202 - Construction of domestic buildings 7 2,060 7260 - Other computer related activities 7 9,122 98000 - Residents property management 7 3,540 43210 - Electrical installation 6 2,859 85590 - Other education not elsewhere classified 6 1,800
Recent Companies
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Randomly selected companies from this quarter
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