Taunton, Somerset
Q1 2014 Business Confidence Report
Headlines
- March 2014 saw a new record in company registrations in Taunton when compared to any previous March.
- March 2014 was a record month for company registrations in Taunton when compared to any month in history.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 165 companies were registered in Taunton during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 18.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Taunton UK 2014 165 150,722 2013 139 134,802 % change 18.7% 11.8% Record Year 2012 (166) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Taunton when compared to any previous March.
March 2014 was a record month for company registrations in Taunton when compared to any month in history.
New Companies by Month
January February March New companies in 2014 45 43 77 New companies in 2013 46 47 46 % change -2.2% -8.5% 67.4% Record Year 2003 (48) 2012 (59) 2014 (77)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 86 companies were dissolved in Taunton during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 4.9% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Taunton UK 2014 86 82,370 2013 82 77,914 % change 4.9% 5.7% Record Year 2011 (111) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 28 27 31 Closed companies in 2013 35 30 17 % change -20.0% -10.0% 82% Record Year 2011 (50) 2008 (31) 2009 (53)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Taunton during the first quarter of 2014 (Jan 2014 - Mar 2014) was 79 companies.
first quarter (Jan 2014 - Mar 2014) Taunton UK 2014 79 68,352 2013 57 56,888 Record Year 2007 (94) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 17 16 46 Net growth in 2013 11 17 29 Record Year 2003 (29) 2003 (45) 2007 (60)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Taunton formed 0.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Taunton 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -8.5% -15.5% 39.7% Record Year 2002 (0.2%) 2003 (0.2%) 1976 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 47.0.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Taunton was in 2009 when 41.3% of all directors were female.
31.9% of all director appointments in Taunton in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.77% CONSULTING 5.22% PROPERTY 1.04% MANAGEMENT 4.67% WEST 1.04% CONSULTANCY 3.49% TAUNTON 1.04% PROPERTY 2.64% CONSULTING 1.04% TRADING 2.05% HOUSE 0.94% LONDON 1.88% DESIGN 0.94% ENGINEERING 1.86% TRAINING 0.83% CARE 1.79% SOUTH 0.83% CONSTRUCTION 1.75% SOMERSET 0.83% DESIGN 1.75% J 0.73% CONSULTANTS 1.73% COMMUNITY 0.73% BUSINESS 1.71% ASSOCIATES 0.73% PROPERTIES 1.60% CARE 0.73% INVESTMENTS 1.60% CONSULTANCY 0.73% GLOBAL 1.58% CONSTRUCTION 0.73% J 1.48% QUANTOCK 0.62% ASSOCIATES 1.48% (SW) 0.62% MEDIA 1.48% GLOBAL 0.52% IT 1.33% CO 0.52% TRANSPORT 1.30% EXMOOR 0.52% DEVELOPMENTS 1.29% PLUMBING 0.52% BUILDING 1.24% BUILDING 0.52% M 1.21% IT 0.52% CAPITAL 1.20% DEVELOPMENTS 0.52% ELECTRICAL 1.19%
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 201 280,210 99999 - Dormant Company 80 47,084 70229 - Management consultancy activities other than financial management 53 37,882 62020 - Information technology consultancy activities 32 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 26 18,491 74990 - Non-trading company 24 14,135 82990 - Other business support service activities not elsewhere classified 22 56,411 96090 - Other service activities not elsewhere classified 20 26,700 41100 - Development of building projects 20 9,855 41202 - Construction of domestic buildings 19 6,559 68320 - Management of real estate on a fee or contract basis 16 5,419 43220 - Plumbing, heat and air-conditioning installation 16 4,866 62090 - Other information technology service activities 16 12,813 85590 - Other education not elsewhere classified 14 5,876 96020 - Hairdressing and other beauty treatment 14 6,236 68209 - Other letting and operating of own or leased real estate 14 9,284 62012 - Business and domestic software development 14 9,509 86900 - Other human health activities 13 10,273 45200 - Maintenance and repair of motor vehicles 12 5,130 64999 - Financial intermediation not elsewhere classified 11 5,537
Recent Companies
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Randomly selected companies from this quarter
reports
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