Taunton, Somerset
2012 Annual Business Confidence Report
Headlines
- November 2012 saw a new record in company registrations in Taunton when compared to any previous November.
- Q4 2012 saw a new record in company closures in Taunton when compared to any previous Q4.
- November 2012 saw a new record in company closures in Taunton when compared to any previous November.
- October 2012 saw a new record in company closures in Taunton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
A total of 592 companies were formed in Taunton in 2012. This total is 12.1% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Taunton UK 2012 592 491,893 2011 528 452,870 2010 476 400,358 2009 426 362,675 2008 425 349,203 Record Year 2003 (598) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 281 companies were formed in Taunton. This figure is 1.8% higher than last year, which compares badly to the UK wide figure of 6.5%.
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 2012 281 238,743 2011 276 224,135 % change 1.8% 6.5% Record Year 2003 (295) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 153 companies were registered in Taunton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 7.7% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Taunton UK 2012 153 119,875 2011 142 109,623 % change 7.7% 9.4% Record Year 2003 (161) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company registrations in Taunton when compared to any previous November.
New Companies by Month
October November December New companies in 2012 53 63 37 New companies in 2011 55 59 28 % change -3.6% 6.8% 32.1% Record Year 2002 (63) 2012 (63) 2003 (53)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 351 companies were dissolved in Taunton in 2012. This total is 12.5% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Taunton UK 2012 351 293,728 2011 312 314,524 2010 355 342,233 2009 459 533,787 2008 225 237,873 Record Year 2009 (459) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 181 companies were dissolved in Taunton. This figure is 36.1% higher than last year, which compares badly to the UK wide change of -4.1%.
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 2012 181 145,934 2011 133 152,213 % change 36.1% -4.1% Record Year 2009 (206) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company closures in Taunton when compared to any previous Q4.
A total of 99 companies were dissolved in Taunton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 59.7% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Taunton UK 2012 99 70,026 2011 62 79,983 % change 59.7% -12.4% Record Year 2012 (99) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company closures in Taunton when compared to any previous November.
October 2012 saw a new record in company closures in Taunton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 44 35 20 Closed companies in 2011 12 25 25 % change 266.7% 40.0% -20% Record Year 2012 (44) 2012 (35) 2008 (35)
Net Company Growth
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Annual Data (2012)
A total of 241 companies were added to the company register for Taunton in 2012. This number represents growth of 45.6% in the total number of active companies, which compares favourably to the UK figure of 43.8%.
This number is 25 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 2012 241 198,165 2011 216 138,346 2010 121 58,125 2009 -33 -171,112 2008 200 111,330 Record Year 2003 (443) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Taunton increased by 100 companies.
Half Year (Jul-Dec) Taunton UK 2012 100 92,809 2011 143 71,922 Record Year 2003 (218) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Taunton during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 54 companies.
fourth quarter (Oct 2012 - Dec 2012) Taunton UK 2012 54 49,849 2011 80 29,640 Record Year 2003 (132) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 9 28 17 Net growth in 2011 43 34 3 Record Year 2002 (47) 2003 (49) 2003 (42)
UK Company Share
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Annual Data (2012)
In 2012 Taunton formed 0.1% of all UK companies. This is no change on 2011 when Taunton was responsible for 0.1% of all UK companies.
Year Taunton 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1962 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Taunton formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jul-Dec) Taunton 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Taunton formed 0.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Taunton 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -19.1% 1.6% 28.6% Record Year 1968 (0.4%) 1962 (0.3%) 1965 (0.4%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 46.8.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 46.2.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 46.3.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Taunton was 1860 when 35.7% of all directors were female.
The percentage of female directors in Taunton in 2012 was 34.9%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Taunton was 1860 when 42.9% of all directors were female.
32.1% of all director appointments in Taunton in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Taunton was in 1977 when 31.2% of all directors were female.
31.8% of all director appointments in Taunton in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage 12 1.71% CONSULTING 5.15% SOMERSET 1.33% MANAGEMENT 4.78% CONSULTING 1.33% CONSULTANCY 3.31% MAR 1.14% PROPERTY 2.40% MANAGEMENT 1.14% TRADING 2.03% WEST 0.95% DESIGN 1.86% (SOUTH 0.85% ASSOCIATES 1.82% WEST) 0.85% ENGINEERING 1.79% SOUTH 0.76% BUSINESS 1.76% FEB 0.76% CONSULTANTS 1.75% TRAINING 0.76% CONSTRUCTION 1.69% CARE 0.76% LONDON 1.69% TAUNTON 0.76% MEDIA 1.69% PROPERTY 0.66% GLOBAL 1.59% CONSULTANCY 0.66% J 1.57% HOUSE 0.66% INVESTMENTS 1.46% BUSINESS 0.57% IT 1.43% PROPERTIES 0.57% CARE 1.39% (SW) 0.57% PROPERTIES 1.34% GLOBAL 0.47% M 1.26% DESIGN 0.47% BUILDING 1.23% G 0.47% ENTERPRISES 1.21% MEDIA 0.47% TRAINING 1.18% CLUB 0.47% ELECTRICAL 1.17% SECURITY 0.47% SECURITY 1.17%
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 176 236,139 70229 - Management consultancy activities other than financial management 55 30,396 99999 - Dormant Company 52 40,648 74909 - Other professional, scientific and technical activities not elsewhere classified 27 15,572 82990 - Other business support service activities not elsewhere classified 25 52,427 41100 - Development of building projects 24 7,980 62020 - Information technology consultancy activities 22 23,256 96090 - Other service activities not elsewhere classified 22 22,058 86900 - Other human health activities 22 7,866 74990 - Non-trading company 18 13,808 68209 - Other letting and operating of own or leased real estate 16 6,971 69201 - Accounting and auditing activities 16 6,177 62090 - Other information technology service activities 15 12,291 41202 - Construction of domestic buildings 13 4,882 68320 - Management of real estate on a fee or contract basis 13 4,936 56101 - Licensed restaurants 10 6,400 86220 - Specialists medical practice activities 10 2,896 64999 - Financial intermediation not elsewhere classified 9 4,537 62012 - Business and domestic software development 9 7,446 70100 - Activities of head offices 9 3,878
Recent Companies
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Randomly selected companies from this quarter
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