Taunton, Somerset

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Taunton when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Taunton when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Taunton when compared to any previous December.

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. Annual Data (2014)

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

    A total of 627 companies were formed in Taunton in 2014. This total is 20.8% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearTauntonUK
    2014627582,051
    2013519529,363
    2012592491,893
    2011528452,870
    2010476400,358
    Record Year2014 (627)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 297 companies were formed in Taunton. This figure is 19.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Taunton occurred in 2014 when a total of 297 were formed.

    Half Year (Jul-Dec)TauntonUK
    2014297281,320
    2013249259,931
    % change19.3%8.2%
    Record Year2014 (297)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 151 companies were registered in Taunton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 19.8% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TauntonUK
    2014151137,906
    2013126127,247
    % change19.8%8.4%
    Record Year 2012 (153) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014624346
    New companies in 2013455427
    % change37.8%-20.4%70.4%
    Record Year2002 (63)2012 (63)2003 (53)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 401 companies were dissolved in Taunton in 2014. This total is 13.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearTauntonUK
    2014401367,937
    2013353332,213
    2012351293,729
    2011312314,524
    2010355342,233
    Record Year2009 (459)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 201 companies were dissolved in Taunton. This figure is 11.0% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Taunton occurred in 2009 when a total of 206 were closed.

    Half Year (Jul-Dec)TauntonUK
    2014201190,730
    2013181177,021
    % change11.0%7.7%
    Record Year2009 (206)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 102 companies were dissolved in Taunton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 14.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TauntonUK
    201410289,060
    20138990,851
    % change14.6%-2.0%
    Record Year 2014 (102) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Taunton when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014322842
    Closed companies in 2013222641
    % change45.5%7.7%2%
    Record Year2012 (44)2010 (35)2014 (42)

Net Company Growth

  1. Annual Data (2014)

    A total of 226 companies were added to the company register for Taunton in 2014. This number represents growth of 36.0% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 60 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Taunton company register grew by 268 companies.

    YearTauntonUK
    2014226214,114
    2013166197,150
    2012241198,164
    2011216138,346
    201012158,125
    Record Year2007 (268)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Taunton increased by 96 companies.

    Half Year (Jul-Dec)TauntonUK
    20149690,590
    20136882,910
    Record Year2003 (218)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Taunton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 49 companies.

    fourth quarter (Oct 2014 - Dec 2014)TauntonUK
    20144948,846
    20133736,396
    Record Year 2011 (80) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201430154
    Net growth in 20132328-14
    Record Year2002 (47)2003 (49)2003 (42)

UK Company Share

  1. Annual Data (2014)

    In 2014 Taunton formed 0.1% of all UK companies. This is no change on 2013 when Taunton was responsible for 0.1% of all UK companies.

    YearTaunton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2002 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Taunton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Taunton
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change31.1%-24.4%45.8%
    Record Year2002 (0.2%)2003 (0.2%)1991 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.9.

    The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 47.2.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 47.5.

    The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Taunton was 1976 when 50.0% of all directors were female.

    The percentage of female directors in Taunton in 2014 was 28.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Taunton was 2005 when 35.4% of all directors were female.

    30.0% of all director appointments in Taunton in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Taunton was in 2007 when 36.2% of all directors were female.

    27.3% of all director appointments in Taunton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.39%CONSULTING5.22%
    CONSULTING1.21%MANAGEMENT4.58%
    CONSULTANCY1.11%CONSULTANCY3.57%
    PROPERTY1.02%PROPERTY2.66%
    SOMERSET0.93%CONSTRUCTION2.12%
    PROPERTIES0.84%ENGINEERING2.10%
    TAUNTON0.84%CARE2.02%
    (TAUNTON)0.74%TRADING1.94%
    J0.74%LONDON1.93%
    HEALTHCARE0.74%TRANSPORT1.93%
    TRAINING0.65%DESIGN1.66%
    SOUTH0.65%CONSULTANTS1.64%
    WEST0.65%ELECTRICAL1.62%
    CONSTRUCTION0.65%PROPERTIES1.62%
    TRADING0.65%BUSINESS1.56%
    ELECTRICAL0.65%J1.54%
    CARE0.56%CO.,1.50%
    ENERGY0.56%GLOBAL1.49%
    SOUTHWEST0.56%INVESTMENTS1.48%
    (SW)0.56%ASSOCIATES1.47%
    BUILDING0.56%DEVELOPMENTS1.35%
    DESIGN0.46%MEDIA1.33%
    ENGINEERING0.46%IT1.31%
    TRUST0.46%BUILDING1.29%
    TREE0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied170265,608
    99999 - Dormant Company7748,509
    70229 - Management consultancy activities other than financial management4642,290
    62020 - Information technology consultancy activities3030,178
    82990 - Other business support service activities not elsewhere classified2858,068
    74909 - Other professional, scientific and technical activities not elsewhere classified2119,049
    68320 - Management of real estate on a fee or contract basis206,010
    96090 - Other service activities not elsewhere classified2029,009
    43220 - Plumbing, heat and air-conditioning installation185,189
    41202 - Construction of domestic buildings187,559
    41100 - Development of building projects1711,397
    68209 - Other letting and operating of own or leased real estate1611,212
    74990 - Non-trading company1513,984
    85590 - Other education not elsewhere classified146,206
    86900 - Other human health activities1312,976
    43999 - Other specialised construction activities not elsewhere classified138,761
    96020 - Hairdressing and other beauty treatment136,742
    45200 - Maintenance and repair of motor vehicles125,425
    47910 - Retail sale via mail order houses or via Internet1210,107
    62090 - Other information technology service activities1212,837

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09336808 AW ENGINEERING CONSULTANCY LTD 02 Dec 2014
    09342508 FIRSTDAY HEALTH LTD 05 Dec 2014
    09344314 LONGMOOR FARM LIMITED 08 Dec 2014
    09350706 GIRAFFE LEISURE LIMITED 11 Dec 2014
    09358071 PASSION FOR SOMERSET 17 Dec 2014
    09364602 PRESWILL LTD 22 Dec 2014
    09367594 SAFE INSTALL LTD 29 Dec 2014
    09368383 M. WISEMAN & COMPANY LIMITED 29 Dec 2014
    09370411 ROMIE DUROPAN HEALTHCARE LIMITED 31 Dec 2014
    09335368 PARALLEL CARE LIMITED 01 Dec 2014
    09336054 MALITHOMA LTD 02 Dec 2014
    09343184 TORO RESTAURANT LIMITED 05 Dec 2014
    09348444 SPORTS-XCHANGE LIMITED 10 Dec 2014
    09354172 SOMERSET TRAINING LIMITED 15 Dec 2014
    09355153 RESULT RECRUITMENT LIMITED 15 Dec 2014
    09358360 IH TRAINING LTD 17 Dec 2014
    09340435 MCQUEEN JONES BROS LTD 04 Dec 2014
    09348205 OAK COURT MGT. COMPANY LIMITED 09 Dec 2014
    09362238 PARK ASSET MANAGEMENT LTD 19 Dec 2014
    09363367 MOTOR CLAIM SERVICE LIMITED 22 Dec 2014
    09336061 ANCHOR SAFE LTD 02 Dec 2014
    09340274 SAWPITS 1961 LIMITED 04 Dec 2014
    09340736 WHITE ROCK MARKETING LIMITED 04 Dec 2014
    09355898 28 GRIFFIN ROAD (CLEVEDON) LTD 15 Dec 2014
    09359905 GILES FISHING CO LTD 18 Dec 2014