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
New Company Registrations
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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.
Year Taunton UK 2013 519 529,363 2012 592 491,893 2011 528 452,870 2010 476 400,358 2009 426 362,675 Record Year 2012 (592) 2013 (529,363) New Companies by Year
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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) Taunton UK 2013 249 259,931 2012 281 238,743 % change -11.4% 8.9% Record Year 2003 (295) 2013 (259,931) New Companies by Half Year
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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) Taunton UK 2013 126 127,247 2012 153 119,875 % change -17.6% 6.1% Record Year 2012 (153) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 45 54 27 New companies in 2012 53 63 37 % change -15.1% -14.3% -27.0% Record Year 2002 (63) 2012 (63) 2003 (53)
Closed Companies (dissolved)
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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.
Year Taunton UK 2013 353 332,213 2012 351 293,729 2011 312 314,524 2010 355 342,233 2009 459 533,789 Record Year 2009 (459) 2009 (533,789) Dissolved Companies by Year
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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) Taunton UK 2013 181 177,021 2012 181 145,935 % change 0.0% 21.3% Record Year 2009 (206) 2009 (244,544) Dissolved Companies by Half Year
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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) Taunton UK 2013 89 90,851 2012 99 70,027 % change -10.1% 29.7% Record Year 2012 (99) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 22 26 41 Closed companies in 2012 44 35 20 % change -50.0% -25.7% 105% Record Year 2012 (44) 2010 (35) 2013 (41)
Net Company Growth
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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.
Year Taunton UK 2013 166 197,150 2012 241 198,164 2011 216 138,346 2010 121 58,125 2009 -33 -171,114 Record Year 2007 (268) 2007 (237,353) Net Growth by Year
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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) Taunton UK 2013 68 82,910 2012 100 92,808 Record Year 2003 (218) 2003 (117,772) Net Growth by Half Year
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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) Taunton UK 2013 37 36,396 2012 54 49,848 Record Year 2011 (80) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 23 28 -14 Net growth in 2012 9 28 17 Record Year 2002 (47) 2003 (49) 2003 (42)
UK Company Share
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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.
Year Taunton 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Year
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Half Year
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1992 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -21.0% -15.7% -33.6% Record Year 2002 (0.2%) 2003 (0.2%) 1991 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.47% CONSULTING 5.22% SOMERSET 1.18% MANAGEMENT 4.72% WEST 1.07% CONSULTANCY 3.45% HOUSE 1.07% PROPERTY 2.59% CONSULTING 1.07% TRADING 2.08% DESIGN 0.97% ENGINEERING 1.87% CARE 0.97% LONDON 1.86% SOUTH 0.97% DESIGN 1.76% TAUNTON 0.86% CONSTRUCTION 1.73% PROPERTY 0.86% CARE 1.73% PLUMBING 0.75% BUSINESS 1.71% COMMUNITY 0.75% CONSULTANTS 1.68% TRAINING 0.75% GLOBAL 1.58% HEATING 0.75% INVESTMENTS 1.56% ASSOCIATES 0.75% PROPERTIES 1.54% CONSULTANCY 0.64% ASSOCIATES 1.53% DEVELOPMENTS 0.54% J 1.51% CONSTRUCTION 0.54% MEDIA 1.50% TRADING 0.54% IT 1.35% GLOBAL 0.54% DEVELOPMENTS 1.23% CO 0.54% M 1.23% (SW) 0.54% BUILDING 1.21% J 0.54% ELECTRICAL 1.20% PROJECT 0.43% CAPITAL 1.19% ENTERPRISES 0.43% ENERGY 1.14%
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 197 266,814 99999 - Dormant Company 74 46,762 70229 - Management consultancy activities other than financial management 54 36,164 62020 - Information technology consultancy activities 31 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 29 18,034 74990 - Non-trading company 23 14,223 41100 - Development of building projects 23 9,485 82990 - Other business support service activities not elsewhere classified 23 55,342 96090 - Other service activities not elsewhere classified 22 26,001 41202 - Construction of domestic buildings 19 6,191 62090 - Other information technology service activities 17 12,511 68320 - Management of real estate on a fee or contract basis 15 5,236 68209 - Other letting and operating of own or leased real estate 14 8,733 85590 - Other education not elsewhere classified 13 5,698 56101 - Licensed restaurants 12 7,685 86900 - Other human health activities 12 9,543 56302 - Public houses and bars 12 5,503 43220 - Plumbing, heat and air-conditioning installation 11 4,687 64999 - Financial intermediation not elsewhere classified 11 5,309 96020 - Hairdressing and other beauty treatment 11 6,000
Recent Companies
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Randomly selected companies from this quarter
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