Taunton, Somerset

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • December 2013 saw a new record in company closures in Taunton when compared to any previous December.

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 (2013)

    A total of 519 companies were formed in Taunton in 2013. This total is 12.3% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearTauntonUK
    2013519529,363
    2012592491,893
    2011528452,870
    2010476400,358
    2009426362,675
    Record Year2012 (592)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 249 companies were formed in Taunton. This figure is 11.4% lower than last year, which compares badly to the UK wide figure of 8.9%.

    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
    2013249259,931
    2012281238,743
    % change-11.4%8.9%
    Record Year2003 (295)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 126 companies were registered in Taunton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 17.6% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)TauntonUK
    2013126127,247
    2012153119,875
    % change-17.6%6.1%
    Record Year 2012 (153) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013455427
    New companies in 2012536337
    % change-15.1%-14.3%-27.0%
    Record Year2002 (63)2012 (63)2003 (53)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 353 companies were dissolved in Taunton in 2013. This total is 0.6% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearTauntonUK
    2013353332,213
    2012351293,729
    2011312314,524
    2010355342,233
    2009459533,789
    Record Year2009 (459)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 181 companies were dissolved in Taunton. This figure is 0.0% higher than last year, which compares well to the UK wide change of 21.3%.

    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
    2013181177,021
    2012181145,935
    % change0.0%21.3%
    Record Year2009 (206)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 89 companies were dissolved in Taunton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 10.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)TauntonUK
    20138990,851
    20129970,027
    % change-10.1%29.7%
    Record Year 2012 (99) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company closures in Taunton when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013222641
    Closed companies in 2012443520
    % change-50.0%-25.7%105%
    Record Year2012 (44)2010 (35)2013 (41)

Net Company Growth

  1. Annual Data (2013)

    A total of 166 companies were added to the company register for Taunton in 2013. This number represents growth of 32.0% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 75 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Taunton company register grew by 268 companies.

    YearTauntonUK
    2013166197,150
    2012241198,164
    2011216138,346
    201012158,125
    2009-33-171,114
    Record Year2007 (268)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Taunton increased by 68 companies.

    Half Year (Jul-Dec)TauntonUK
    20136882,910
    201210092,808
    Record Year2003 (218)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Taunton during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 37 companies.

    fourth quarter (Oct 2013 - Dec 2013)TauntonUK
    20133736,396
    20125449,848
    Record Year 2011 (80) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20132328-14
    Net growth in 201292817
    Record Year2002 (47)2003 (49)2003 (42)

UK Company Share

  1. Annual Data (2013)

    In 2013 Taunton formed 0.1% of all UK companies. This is no change on 2012 when Taunton was responsible for 0.1% of all UK companies.

    YearTaunton
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960)2002 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Taunton formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.

    Half Year (Jul-Dec)Taunton
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Taunton formed 0.1% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Taunton
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change-21.0%-15.7%-33.6%
    Record Year2002 (0.2%)2003 (0.2%)1991 (0.3%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 46.3.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 45.3.

    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 5.1% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 44.3.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Taunton was 1976 when 50.0% of all directors were female.

    The percentage of female directors in Taunton in 2013 was 29.8%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Taunton was 2005 when 35.4% of all directors were female.

    30.9% of all director appointments in Taunton in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Taunton was in 2007 when 36.2% of all directors were female.

    34.3% of all director appointments in Taunton in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.47%CONSULTING5.22%
    SOMERSET1.18%MANAGEMENT4.72%
    WEST1.07%CONSULTANCY3.45%
    HOUSE1.07%PROPERTY2.59%
    CONSULTING1.07%TRADING2.08%
    DESIGN0.97%ENGINEERING1.87%
    CARE0.97%LONDON1.86%
    SOUTH0.97%DESIGN1.76%
    TAUNTON0.86%CONSTRUCTION1.73%
    PROPERTY0.86%CARE1.73%
    PLUMBING0.75%BUSINESS1.71%
    COMMUNITY0.75%CONSULTANTS1.68%
    TRAINING0.75%GLOBAL1.58%
    HEATING0.75%INVESTMENTS1.56%
    ASSOCIATES0.75%PROPERTIES1.54%
    CONSULTANCY0.64%ASSOCIATES1.53%
    DEVELOPMENTS0.54%J1.51%
    CONSTRUCTION0.54%MEDIA1.50%
    TRADING0.54%IT1.35%
    GLOBAL0.54%DEVELOPMENTS1.23%
    CO0.54%M1.23%
    (SW)0.54%BUILDING1.21%
    J0.54%ELECTRICAL1.20%
    PROJECT0.43%CAPITAL1.19%
    ENTERPRISES0.43%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied197266,814
    99999 - Dormant Company7446,762
    70229 - Management consultancy activities other than financial management5436,164
    62020 - Information technology consultancy activities3127,183
    74909 - Other professional, scientific and technical activities not elsewhere classified2918,034
    74990 - Non-trading company2314,223
    41100 - Development of building projects239,485
    82990 - Other business support service activities not elsewhere classified2355,342
    96090 - Other service activities not elsewhere classified2226,001
    41202 - Construction of domestic buildings196,191
    62090 - Other information technology service activities1712,511
    68320 - Management of real estate on a fee or contract basis155,236
    68209 - Other letting and operating of own or leased real estate148,733
    85590 - Other education not elsewhere classified135,698
    56101 - Licensed restaurants127,685
    86900 - Other human health activities129,543
    56302 - Public houses and bars125,503
    43220 - Plumbing, heat and air-conditioning installation114,687
    64999 - Financial intermediation not elsewhere classified115,309
    96020 - Hairdressing and other beauty treatment116,000

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08712086 SOMERSET DOG WARDEN SERVICE LIMITED 01 Oct 2013
    08715611 CHRIS KNOX LOCUM SERVICES LIMITED 02 Oct 2013
    08718278 VESHENGRO LIMITED 04 Oct 2013
    08726632 RANIER CONSULTANCY LIMITED 10 Oct 2013
    08742346 SPEAKOUTUK LIMITED 22 Oct 2013
    08742702 SOLUTIONS FOR SOCIAL WORK LTD. 22 Oct 2013
    08744616 JP RATA LTD 23 Oct 2013
    08753213 THE MARKET STEAK HOUSE LIMITED 29 Oct 2013
    08754498 GUARDIAN MARITIME LIMITED 30 Oct 2013
    08755011 SOMERSET SUPPLY LTD 30 Oct 2013
    OC388874 HBS LIFE LLP 31 Oct 2013
    OC388876 WIC TOP QUALITY LLP 31 Oct 2013
    08714516 NORTON CLEARANCES & REMOVALS LTD 02 Oct 2013
    08732760 KB THERAPIST LTD 15 Oct 2013
    08745473 CORTANA LIMITED 23 Oct 2013
    08748539 HERITAGE PROPERTY DESIGN LIMITED 25 Oct 2013
    08755607 CR EXPRESS TRANSPORT LTD 31 Oct 2013
    08756651 A-DOOR ADDITIONS LIMITED 31 Oct 2013
    08729342 COUNTRY WEDDINGS LIMITED 11 Oct 2013
    08740919 NORDICEXPORTS LTD 21 Oct 2013
    08755993 MSW MANAGEMENT CONSULTANCY LTD 31 Oct 2013
    08714764 TARQUIN WEALTH MANAGEMENT LTD 02 Oct 2013
    08714929 VALE PUMPS LIMITED 02 Oct 2013
    08718907 THE OLD QUARRY HOLIDAY COTTAGE LTD 04 Oct 2013
    08737560 J. LAVER ASSOCIATES LIMITED 17 Oct 2013