Taunton, Somerset

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Taunton when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Taunton when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Taunton when compared to any previous Q2.
  • June 2014 saw a new record in company registrations in Taunton when compared to any previous June.
  • May 2014 saw a new record in company registrations in Taunton when compared to any previous May.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Taunton when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Taunton when compared to any half year in history.

    In the first half of 2014 a total of 330 companies were formed in Taunton. This figure is 22.2% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Taunton occurred in 2014 when a total of 330 were formed.

    Half Year (Jan-Jun)TauntonUK
    2014330300,731
    2013270269,432
    % change22.2%11.6%
    Record Year2014 (330)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Taunton when compared to any previous Q2.

    A total of 165 companies were registered in Taunton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 26.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TauntonUK
    2014165150,009
    2013131134,630
    % change26.0%11.4%
    Record Year 2014 (165) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Taunton when compared to any previous June.

    May 2014 saw a new record in company registrations in Taunton when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2014495660
    New companies in 2013424742
    % change16.7%19.1%42.9%
    Record Year2012 (59)2014 (56)2014 (60)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 200 companies were dissolved in Taunton. This figure is 16.3% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Taunton occurred in 2009 when a total of 253 were closed.

    Half Year (Jan-Jun)TauntonUK
    2014200177,207
    2013172155,192
    % change16.3%14.2%
    Record Year2009 (253)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 114 companies were dissolved in Taunton during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 26.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TauntonUK
    201411494,837
    20139077,278
    % change26.7%22.7%
    Record Year 2009 (168) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014224250
    Closed companies in 2013302733
    % change-26.7%55.6%52%
    Record Year2009 (39)2009 (74)2009 (55)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Taunton increased by 130 companies.

    Half Year (Jan-Jun)TauntonUK
    2014130123,524
    201398114,240
    Record Year2003 (225)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Taunton during the second quarter of 2014 (Apr 2014 - Jun 2014) was 51 companies.

    second quarter (Apr 2014 - Jun 2014)TauntonUK
    20145155,172
    20134157,352
    Record Year 2006 (67) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014271410
    Net growth in 201312209
    Record Year2003 (46)2003 (38)2002 (33)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Taunton formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Taunton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Taunton formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Taunton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change5.2%10.0%23.7%
    Record Year1991 (0.2%)1993 (0.2%)2000 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.6.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 46.3.

    The percentage of directors under the age of 25 was 8.9% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Taunton was 2009 when 35.7% of all directors were female.

    27.7% of all director appointments in Taunton in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Taunton was in 2011 when 34.2% of all directors were female.

    24.0% of all director appointments in Taunton in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.96%CONSULTING5.16%
    PROPERTY1.18%MANAGEMENT4.64%
    CONSULTING1.08%CONSULTANCY3.50%
    TAUNTON1.08%PROPERTY2.66%
    TRADING0.98%TRADING2.03%
    DESIGN0.98%ENGINEERING1.99%
    SOMERSET0.98%CONSTRUCTION1.93%
    CONSULTANCY0.88%LONDON1.93%
    J0.88%CARE1.85%
    WEST0.79%DESIGN1.75%
    TRAINING0.79%CONSULTANTS1.73%
    PROPERTIES0.69%BUSINESS1.69%
    SOUTH0.69%PROPERTIES1.63%
    CONSTRUCTION0.59%TRANSPORT1.58%
    PLUMBING0.59%GLOBAL1.55%
    BUILDING0.59%INVESTMENTS1.55%
    QUANTOCK0.49%J1.51%
    ELECTRICAL0.49%ASSOCIATES1.48%
    HOUSE0.49%MEDIA1.44%
    SOUTHWEST0.49%ELECTRICAL1.40%
    ASSOCIATES0.49%IT1.33%
    (TAUNTON)0.39%DEVELOPMENTS1.33%
    CARE0.39%BUILDING1.26%
    GLOBAL0.39%M1.24%
    H0.39%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied170261,557
    99999 - Dormant Company8448,436
    70229 - Management consultancy activities other than financial management4840,250
    62020 - Information technology consultancy activities3629,029
    82990 - Other business support service activities not elsewhere classified2757,421
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,058
    41202 - Construction of domestic buildings217,053
    74990 - Non-trading company2114,351
    43220 - Plumbing, heat and air-conditioning installation185,075
    41100 - Development of building projects1810,527
    68320 - Management of real estate on a fee or contract basis175,731
    96090 - Other service activities not elsewhere classified1728,352
    62090 - Other information technology service activities1713,024
    96020 - Hairdressing and other beauty treatment166,631
    85590 - Other education not elsewhere classified156,043
    86900 - Other human health activities1511,292
    68209 - Other letting and operating of own or leased real estate1410,133
    62012 - Business and domestic software development149,834
    56101 - Licensed restaurants118,585
    45200 - Maintenance and repair of motor vehicles115,375

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09067845 THE WALLFLOWER BREWERY LIMITED 03 Jun 2014
    09068393 ESL (SOUTH WALES) LTD 03 Jun 2014
    09069248 BRENDON BOOKS CIC 03 Jun 2014
    09069319 POWER TRAVEL 03 Jun 2014
    09078032 BIG IN IT LIMITED 09 Jun 2014
    09079668 HOST SOMERSET 10 Jun 2014
    09087996 QIYAKI LIMITED 16 Jun 2014
    09091758 SAVE ENERGY 4 U LIMITED 18 Jun 2014
    09091765 ENERGY SOLUTIONS 4 U LIMITED 18 Jun 2014
    09093917 MORE SPARE CASH (GROUP) LIMITED 19 Jun 2014
    09094730 ROKET CYBER SOLUTIONS LTD 20 Jun 2014
    09094817 LAUREN CHARLOTTE LIMITED 20 Jun 2014
    09096019 ROKET BUSINESS SOLUTIONS LTD 20 Jun 2014
    09096687 SMAKOWA LIMITED 23 Jun 2014
    09097341 BUFFBOXSERVICES LIMITED 23 Jun 2014
    09098394 KEEPSAFE FARNHAM TRADING LIMITED 23 Jun 2014
    09101631 PRIDE TAUNTON LTD. 25 Jun 2014
    09064908 BJS STORES LIMITED 02 Jun 2014
    09065025 BJS RETAIL LIMITED 02 Jun 2014
    09076910 JUNK SHOP STUDIOS LIMITED 09 Jun 2014
    09076942 WILD OAK CONSULTING PTY LTD 09 Jun 2014
    09077734 NEIL WHITE PHOTOGRAPHY LTD 09 Jun 2014
    09078830 ASP SOUTHWEST LTD 10 Jun 2014
    09078065 D T ELECTRICAL SW LIMITED 09 Jun 2014
    09086011 FRIDAY FOUNDATION 13 Jun 2014