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
New Company Registrations
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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) Taunton UK 2014 330 300,731 2013 270 269,432 % change 22.2% 11.6% Record Year 2014 (330) 2014 (300,731) New Companies by Half Year
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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) Taunton UK 2014 165 150,009 2013 131 134,630 % change 26.0% 11.4% Record Year 2014 (165) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 49 56 60 New companies in 2013 42 47 42 % change 16.7% 19.1% 42.9% Record Year 2012 (59) 2014 (56) 2014 (60)
Closed Companies (dissolved)
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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) Taunton UK 2014 200 177,207 2013 172 155,192 % change 16.3% 14.2% Record Year 2009 (253) 2009 (289,245) Dissolved Companies by Half Year
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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) Taunton UK 2014 114 94,837 2013 90 77,278 % change 26.7% 22.7% Record Year 2009 (168) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 22 42 50 Closed companies in 2013 30 27 33 % change -26.7% 55.6% 52% Record Year 2009 (39) 2009 (74) 2009 (55)
Net Company Growth
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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) Taunton UK 2014 130 123,524 2013 98 114,240 Record Year 2003 (225) 2007 (171,296) Net Growth by Half Year
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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) Taunton UK 2014 51 55,172 2013 41 57,352 Record Year 2006 (67) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 27 14 10 Net growth in 2013 12 20 9 Record Year 2003 (46) 2003 (38) 2002 (33)
UK Company Share
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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 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 Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 5.2% 10.0% 23.7% Record Year 1991 (0.2%) 1993 (0.2%) 2000 (0.2%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.96% CONSULTING 5.16% PROPERTY 1.18% MANAGEMENT 4.64% CONSULTING 1.08% CONSULTANCY 3.50% TAUNTON 1.08% PROPERTY 2.66% TRADING 0.98% TRADING 2.03% DESIGN 0.98% ENGINEERING 1.99% SOMERSET 0.98% CONSTRUCTION 1.93% CONSULTANCY 0.88% LONDON 1.93% J 0.88% CARE 1.85% WEST 0.79% DESIGN 1.75% TRAINING 0.79% CONSULTANTS 1.73% PROPERTIES 0.69% BUSINESS 1.69% SOUTH 0.69% PROPERTIES 1.63% CONSTRUCTION 0.59% TRANSPORT 1.58% PLUMBING 0.59% GLOBAL 1.55% BUILDING 0.59% INVESTMENTS 1.55% QUANTOCK 0.49% J 1.51% ELECTRICAL 0.49% ASSOCIATES 1.48% HOUSE 0.49% MEDIA 1.44% SOUTHWEST 0.49% ELECTRICAL 1.40% ASSOCIATES 0.49% IT 1.33% (TAUNTON) 0.39% DEVELOPMENTS 1.33% CARE 0.39% BUILDING 1.26% GLOBAL 0.39% M 1.24% H 0.39% CO., 1.20%
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 170 261,557 99999 - Dormant Company 84 48,436 70229 - Management consultancy activities other than financial management 48 40,250 62020 - Information technology consultancy activities 36 29,029 82990 - Other business support service activities not elsewhere classified 27 57,421 74909 - Other professional, scientific and technical activities not elsewhere classified 25 19,058 41202 - Construction of domestic buildings 21 7,053 74990 - Non-trading company 21 14,351 43220 - Plumbing, heat and air-conditioning installation 18 5,075 41100 - Development of building projects 18 10,527 68320 - Management of real estate on a fee or contract basis 17 5,731 96090 - Other service activities not elsewhere classified 17 28,352 62090 - Other information technology service activities 17 13,024 96020 - Hairdressing and other beauty treatment 16 6,631 85590 - Other education not elsewhere classified 15 6,043 86900 - Other human health activities 15 11,292 68209 - Other letting and operating of own or leased real estate 14 10,133 62012 - Business and domestic software development 14 9,834 56101 - Licensed restaurants 11 8,585 45200 - Maintenance and repair of motor vehicles 11 5,375
Recent Companies
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Randomly selected companies from this quarter
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