Taunton, Somerset
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Taunton when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 476 companies were formed in Taunton in 2010. This total is 11.7% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Taunton UK 2010 476 400,358 2009 426 362,675 2008 425 349,203 2007 463 457,649 2006 465 405,440 Record Year 2003 (598) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 222 companies were formed in Taunton. This figure is 6.2% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Taunton occurred in 2003 when a total of 295 were formed.
Half Year (Jul-Dec) Taunton UK 2010 222 196,609 2009 209 180,654 % change 6.2% 8.8% Record Year 2003 (295) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 111 companies were registered in Taunton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 13.3% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Taunton UK 2010 111 95,117 2009 98 85,983 % change 13.3% 10.6% Record Year 2003 (161) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 33 40 38 New companies in 2009 36 32 30 % change -8.3% 25.0% 26.7% Record Year 2002 (63) 2003 (59) 2003 (53)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 355 companies were dissolved in Taunton in 2010. This total is 22.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Taunton UK 2010 355 342,232 2009 459 533,773 2008 226 237,901 2007 195 220,295 2006 239 200,166 Record Year 2009 (459) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 168 companies were dissolved in Taunton. This figure is 18.4% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Taunton occurred in 2009 when a total of 206 were closed.
Half Year (Jul-Dec) Taunton UK 2010 168 164,601 2009 206 244,537 % change -18.4% -32.7% Record Year 2009 (206) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 76 companies were dissolved in Taunton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 9.5% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Taunton UK 2010 76 76,896 2009 84 85,136 % change -9.5% -9.7% Record Year 2009 (84) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Taunton when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 24 35 17 Closed companies in 2009 29 24 31 % change -17.2% 45.8% -45% Record Year 2006 (32) 2010 (35) 2008 (35)
Net Company Growth
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Annual Data (2010)
A total of 121 companies were added to the company register for Taunton in 2010. This number represents growth of 28.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 154 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Taunton company register grew by 443 companies.
Year Taunton UK 2010 121 58,126 2009 -33 -171,098 2008 199 111,302 2007 268 237,354 2006 226 205,274 Record Year 2003 (443) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Taunton increased by 54 companies.
Half Year (Jul-Dec) Taunton UK 2010 54 32,008 2009 3 -63,883 Record Year 2003 (218) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Taunton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 35 companies.
fourth quarter (Oct 2010 - Dec 2010) Taunton UK 2010 35 18,221 2009 14 847 Record Year 2003 (132) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 9 5 21 Net growth in 2009 7 8 -1 Record Year 2002 (47) 2003 (49) 2003 (42)
UK Company Share
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Annual Data (2010)
In 2010 Taunton formed 0.1% of all UK companies. This is no change on 2009 when Taunton was responsible for 0.1% of all UK companies.
Year Taunton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Taunton formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Taunton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Taunton formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Taunton 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -19.7% 11.8% 20.5% Record Year 1968 (0.4%) 1962 (0.3%) 1965 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 48.2.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 7.8% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 47.8.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 47.2.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 9.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Taunton was 1857 when 36.4% of all directors were female.
The percentage of female directors in Taunton in 2010 was 32.7%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Taunton was 1860 when 42.9% of all directors were female.
29.2% of all director appointments in Taunton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Taunton was in 1977 when 31.1% of all directors were female.
33.2% of all director appointments in Taunton in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.20% CONSULTING 5.06% SOMERSET 1.28% MANAGEMENT 5.01% (SOUTH 1.28% CONSULTANCY 3.14% WEST) 1.04% PROPERTY 2.36% WEST 0.93% TRADING 2.11% HOMES 0.93% ASSOCIATES 1.95% CONSULTING 0.93% DESIGN 1.92% SOUTH 0.81% BUSINESS 1.82% PROPERTY 0.81% CONSTRUCTION 1.82% BUSINESS 0.81% CONSULTANTS 1.76% DEVELOPMENTS 0.70% MEDIA 1.71% HOUSE 0.70% ENGINEERING 1.62% TRAINING 0.58% LONDON 1.60% J 0.58% CARE 1.45% P 0.58% INVESTMENTS 1.44% HOLDINGS 0.58% GLOBAL 1.43% BLUE 0.58% J 1.42% ASSOCIATES 0.58% IT 1.41% BUILDING 0.46% PROPERTIES 1.34% N 0.46% INTERNATIONAL 1.34% COUNTRY 0.46% BUILDING 1.34% RETAIL 0.46% M 1.30% CARE 0.46% ELECTRICAL 1.25% ECO 0.46% SYSTEMS 1.24% SOLAR 0.46% S 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 130 199,572 7487 - Other business activities 46 63,348 9999 - Dormant Company 29 20,144 70229 - Management consultancy activities other than financial management 28 14,505 82990 - Other business support service activities not elsewhere classified 27 27,550 7414 - Business & management consultancy 26 13,474 99999 - Dormant Company 20 16,285 4521 - General construction & civil engineering 17 6,598 68320 - Management of real estate on a fee or contract basis 14 3,097 62020 - Information technology consultancy activities 13 9,177 86900 - Other human health activities 12 3,700 43390 - Other building completion and finishing 12 2,522 74909 - Other professional, scientific and technical activities not elsewhere classified 11 7,088 41100 - Development of building projects 9 3,765 7011 - Development & sell real estate 8 2,949 43220 - Plumbing, heat and air-conditioning installation 7 2,187 7222 - Other software consultancy and supply 7 7,298 68209 - Other letting and operating of own or leased real estate 6 3,755 74990 - Non-trading company 6 8,243 85590 - Other education not elsewhere classified 6 1,926
Recent Companies
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Randomly selected companies from this quarter
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