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
    09021373 PROPERTY VILLAGE LIMITED 01 May 2014
    09022574 SUDHAKARAN LTD 02 May 2014
    09027655 IOM MANAGERS LIMITED 07 May 2014
    09031014 CG SPECIALIST SUPPLIES LIMITED 08 May 2014
    09035633 G P & D A TAYLOR BUILDING & MANAGEMENT LTD 12 May 2014
    09039939 TAC CONSULTANCY LIMITED 14 May 2014
    09042614 AGA PROPERTY SERVICES LTD 15 May 2014
    09049131 TAUNTON SUPPLEMENT CENTRE LIMITED 20 May 2014
    09049404 HEATWAVE MECHANICAL SERVICES LIMITED 21 May 2014
    09054896 K J REID LIMITED 23 May 2014
    09056242 BARTON GRANGE PROPERTIES LIMITED 27 May 2014
    09058629 T.K.B. PROPERTIES LIMITED 27 May 2014
    09060466 CANA OASIS LTD 28 May 2014
    09061838 COLLEGIUM TELEMEDICUS LTD 29 May 2014
    09024907 CASE BIDCO LIMITED 06 May 2014
    09024915 CASE TOPCO LIMITED 06 May 2014
    09029764 FANBOY CLOTHING LIMITED 08 May 2014
    09042972 COLEMAN PLUMBING & HEATING LIMITED 16 May 2014
    09046578 CLEAR WINDOW LIMITED 19 May 2014
    09053532 THE SOUTH WEST HERITAGE TRUST 22 May 2014
    09056653 CD ARCHITECTURE LTD 27 May 2014
    09020999 SOMERSET EQUUS LTD 01 May 2014
    09039748 PIT CLUB LTD 14 May 2014
    09055138 NATURAL ENGINEERING SOLUTIONS LTD 23 May 2014
    09051951 EDUCATION SPACE CONSULTANCY LIMITED 22 May 2014