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

  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. 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.

    YearTauntonUK
    2010476400,358
    2009426362,675
    2008425349,203
    2007463457,649
    2006465405,440
    Record Year2003 (598)2007 (457,649)
    New Companies by Year
  2. 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)TauntonUK
    2010222196,609
    2009209180,654
    % change6.2%8.8%
    Record Year2003 (295)2003 (201,446)
    New Companies by Half Year
  3. 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)TauntonUK
    201011195,117
    20099885,983
    % change13.3%10.6%
    Record Year 2003 (161) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010334038
    New companies in 2009363230
    % change-8.3%25.0%26.7%
    Record Year2002 (63)2003 (59)2003 (53)

Closed Companies (dissolved)

  1. 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.

    YearTauntonUK
    2010355342,232
    2009459533,773
    2008226237,901
    2007195220,295
    2006239200,166
    Record Year2009 (459)2009 (533,773)
    Dissolved Companies by Year
  2. 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)TauntonUK
    2010168164,601
    2009206244,537
    % change-18.4%-32.7%
    Record Year2009 (206)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)TauntonUK
    20107676,896
    20098485,136
    % change-9.5%-9.7%
    Record Year 2009 (84) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010243517
    Closed companies in 2009292431
    % change-17.2%45.8%-45%
    Record Year2006 (32)2010 (35)2008 (35)

Net Company Growth

  1. 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.

    YearTauntonUK
    201012158,126
    2009-33-171,098
    2008199111,302
    2007268237,354
    2006226205,274
    Record Year2003 (443)2003 (242,543)
    Net Growth by Year
  2. 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)TauntonUK
    20105432,008
    20093-63,883
    Record Year2003 (218)2003 (117,772)
    Net Growth by Half Year
  3. 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)TauntonUK
    20103518,221
    200914847
    Record Year 2003 (132) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20109521
    Net growth in 200978-1
    Record Year2002 (47)2003 (49)2003 (42)

UK Company Share

  1. 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.

    YearTaunton
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1962 (0.2%)
    Company Share by Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.3%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-19.7%11.8%20.5%
    Record Year1968 (0.4%)1962 (0.3%)1965 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.20%CONSULTING5.06%
    SOMERSET1.28%MANAGEMENT5.01%
    (SOUTH1.28%CONSULTANCY3.14%
    WEST)1.04%PROPERTY2.36%
    WEST0.93%TRADING2.11%
    HOMES0.93%ASSOCIATES1.95%
    CONSULTING0.93%DESIGN1.92%
    SOUTH0.81%BUSINESS1.82%
    PROPERTY0.81%CONSTRUCTION1.82%
    BUSINESS0.81%CONSULTANTS1.76%
    DEVELOPMENTS0.70%MEDIA1.71%
    HOUSE0.70%ENGINEERING1.62%
    TRAINING0.58%LONDON1.60%
    J0.58%CARE1.45%
    P0.58%INVESTMENTS1.44%
    HOLDINGS0.58%GLOBAL1.43%
    BLUE0.58%J1.42%
    ASSOCIATES0.58%IT1.41%
    BUILDING0.46%PROPERTIES1.34%
    N0.46%INTERNATIONAL1.34%
    COUNTRY0.46%BUILDING1.34%
    RETAIL0.46%M1.30%
    CARE0.46%ELECTRICAL1.25%
    ECO0.46%SYSTEMS1.24%
    SOLAR0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied130199,572
    7487 - Other business activities4663,348
    9999 - Dormant Company2920,144
    70229 - Management consultancy activities other than financial management2814,505
    82990 - Other business support service activities not elsewhere classified2727,550
    7414 - Business & management consultancy2613,474
    99999 - Dormant Company2016,285
    4521 - General construction & civil engineering176,598
    68320 - Management of real estate on a fee or contract basis143,097
    62020 - Information technology consultancy activities139,177
    86900 - Other human health activities123,700
    43390 - Other building completion and finishing122,522
    74909 - Other professional, scientific and technical activities not elsewhere classified117,088
    41100 - Development of building projects93,765
    7011 - Development & sell real estate82,949
    43220 - Plumbing, heat and air-conditioning installation72,187
    7222 - Other software consultancy and supply77,298
    68209 - Other letting and operating of own or leased real estate63,755
    74990 - Non-trading company68,243
    85590 - Other education not elsewhere classified61,926

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07451836 JURSTON FARM LIMITED 25 Nov 2010
    07450057 ORTHO TRADE LIMITED 24 Nov 2010
    07447423 PRIMESTONE DEVELOPMENTS LTD 22 Nov 2010
    07440626 TM ACCOUNTING LTD 16 Nov 2010
    07440441 SALOMON BURKE INVESTMENT LTD 15 Nov 2010
    07438407 SOUTH WEST COST MANAGEMENT LIMITED 12 Nov 2010
    07438401 SOUTHWEST STORAGE LIMITED 12 Nov 2010
    07437595 PRINT FACTOR (GB) LTD 11 Nov 2010
    07435391 GLOOP ENTERPRISES LIMITED 10 Nov 2010
    07428070 ELM TREE HOMES (SOUTH WEST) LIMITED 03 Nov 2010
    07450215 PILGRIM FINANCIAL PLANNING LIMITED 24 Nov 2010
    07445697 SUBWAY (DORSET) LIMITED 19 Nov 2010
    07439907 OAKLAND PIERMONT LTD 15 Nov 2010
    07438474 GRACE HODGES LIMITED 12 Nov 2010
    07432403 VANGUARD COMMERCIAL CLEANING LIMITED 08 Nov 2010
    07428289 SOUTH WEST CONSULTANCY SERVICES LIMITED 03 Nov 2010
    07455671 XLPRODUCTS LIMITED 30 Nov 2010
    07436672 COLETE LIMITED 11 Nov 2010
    07425409 CAROUSEL LOTTERY UK LTD 01 Nov 2010
    07455763 THE PAYMENTS ADVISORY LIMITED 30 Nov 2010
    07454209 AVONN DALE LIMITED 29 Nov 2010
    07445782 AQUILA GLOBAL LTD 22 Nov 2010
    07437643 SOMERSET SOLAR SOLUTIONS LIMITED 11 Nov 2010
    07436440 THE UPTON INN COMPANY LIMITED 11 Nov 2010
    07431283 COEDITOR LTD 05 Nov 2010