Taunton, Somerset
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Taunton when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Taunton when compared to any previous September.
- July 2014 saw a new record in company registrations in Taunton when compared to any previous July.
- July 2014 saw a new record in company closures in Taunton when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Taunton when compared to any previous Q3.
A total of 146 companies were registered in Taunton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 18.7% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Taunton UK 2014 146 143,414 2013 123 132,684 % change 18.7% 8.1% Record Year 2014 (146) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Taunton when compared to any previous September.
July 2014 saw a new record in company registrations in Taunton when compared to any previous July.
New Companies by Month
July August September New companies in 2014 54 34 58 New companies in 2013 42 43 38 % change 28.6% -20.9% 52.6% Record Year 2014 (54) 2011 (48) 2014 (58)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 99 companies were dissolved in Taunton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 7.6% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Taunton UK 2014 99 101,670 2013 92 86,170 % change 7.6% 18.0% Record Year 2009 (122) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Taunton when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 39 30 30 Closed companies in 2013 32 35 25 % change 21.9% -14.3% 20% Record Year 2014 (39) 2008 (46) 2009 (52)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Taunton during the third quarter of 2014 (Jul 2014 - Sep 2014) was 47 companies.
third quarter (Jul 2014 - Sep 2014) Taunton UK 2014 47 41,744 2013 31 46,514 Record Year 2007 (76) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 15 4 28 Net growth in 2013 10 8 13 Record Year 2008 (32) 2003 (38) 2002 (43)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Taunton formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 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 (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 16.8% -24.7% 40.0% Record Year 1990 (0.3%) 1982 (0.2%) 1994 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 46.8.
The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Taunton was in 2005 when 36.4% of all directors were female.
33.1% of all director appointments in Taunton in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.80% CONSULTING 5.17% CONSULTANCY 1.23% MANAGEMENT 4.63% PROPERTY 1.23% CONSULTANCY 3.55% SOMERSET 1.13% PROPERTY 2.62% CONSULTING 1.04% ENGINEERING 2.07% TRADING 0.85% CONSTRUCTION 2.05% (TAUNTON) 0.85% TRADING 2.00% DESIGN 0.76% LONDON 1.95% WEST 0.76% CARE 1.94% TAUNTON 0.76% TRANSPORT 1.76% ELECTRICAL 0.76% DESIGN 1.70% J 0.66% CONSULTANTS 1.70% SOUTH 0.66% PROPERTIES 1.63% CONSTRUCTION 0.66% BUSINESS 1.62% PROPERTIES 0.66% J 1.53% DEVELOPMENTS 0.57% ELECTRICAL 1.53% CARE 0.57% GLOBAL 1.51% COURT 0.47% INVESTMENTS 1.50% ASSOCIATES 0.47% ASSOCIATES 1.48% (SW) 0.47% MEDIA 1.38% BUILDING 0.47% CO., 1.36% HOUSE 0.47% DEVELOPMENTS 1.35% PLUMBING 0.47% BUILDING 1.30% QUANTOCK 0.47% IT 1.30% CLUB 0.38% M 1.23%
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 187 278,481 99999 - Dormant Company 86 48,286 70229 - Management consultancy activities other than financial management 47 40,717 62020 - Information technology consultancy activities 34 29,313 82990 - Other business support service activities not elsewhere classified 31 57,264 74909 - Other professional, scientific and technical activities not elsewhere classified 24 18,890 41202 - Construction of domestic buildings 21 7,151 96090 - Other service activities not elsewhere classified 18 28,224 43220 - Plumbing, heat and air-conditioning installation 18 5,083 74990 - Non-trading company 17 14,006 41100 - Development of building projects 17 10,604 68320 - Management of real estate on a fee or contract basis 16 5,749 96020 - Hairdressing and other beauty treatment 15 6,630 86900 - Other human health activities 15 11,807 62090 - Other information technology service activities 14 12,795 85590 - Other education not elsewhere classified 12 6,045 45200 - Maintenance and repair of motor vehicles 12 5,335 62012 - Business and domestic software development 12 9,675 75000 - Veterinary activities 12 970 68209 - Other letting and operating of own or leased real estate 12 10,361
Recent Companies
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Randomly selected companies from this quarter
reports
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