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
New Company Registrations
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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.
Year Taunton UK 2014 627 582,051 2013 519 529,363 2012 592 491,893 2011 528 452,870 2010 476 400,358 Record Year 2014 (627) 2014 (582,051) New Companies by Year
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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) Taunton UK 2014 297 281,320 2013 249 259,931 % change 19.3% 8.2% Record Year 2014 (297) 2014 (281,320) New Companies by Half Year
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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) Taunton UK 2014 151 137,906 2013 126 127,247 % change 19.8% 8.4% Record Year 2012 (153) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 62 43 46 New companies in 2013 45 54 27 % change 37.8% -20.4% 70.4% Record Year 2002 (63) 2012 (63) 2003 (53)
Closed Companies (dissolved)
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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.
Year Taunton UK 2014 401 367,937 2013 353 332,213 2012 351 293,729 2011 312 314,524 2010 355 342,233 Record Year 2009 (459) 2009 (533,789) Dissolved Companies by Year
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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) Taunton UK 2014 201 190,730 2013 181 177,021 % change 11.0% 7.7% Record Year 2009 (206) 2009 (244,544) Dissolved Companies by Half Year
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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) Taunton UK 2014 102 89,060 2013 89 90,851 % change 14.6% -2.0% Record Year 2014 (102) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 32 28 42 Closed companies in 2013 22 26 41 % change 45.5% 7.7% 2% Record Year 2012 (44) 2010 (35) 2014 (42)
Net Company Growth
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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.
Year Taunton UK 2014 226 214,114 2013 166 197,150 2012 241 198,164 2011 216 138,346 2010 121 58,125 Record Year 2007 (268) 2007 (237,353) Net Growth by Year
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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) Taunton UK 2014 96 90,590 2013 68 82,910 Record Year 2003 (218) 2003 (117,772) Net Growth by Half Year
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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) Taunton UK 2014 49 48,846 2013 37 36,396 Record Year 2011 (80) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 30 15 4 Net growth in 2013 23 28 -14 Record Year 2002 (47) 2003 (49) 2003 (42)
UK Company Share
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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.
Year 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 Year
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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 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 Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1992 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 31.1% -24.4% 45.8% Record Year 2002 (0.2%) 2003 (0.2%) 1991 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.39% CONSULTING 5.22% CONSULTING 1.21% MANAGEMENT 4.58% CONSULTANCY 1.11% CONSULTANCY 3.57% PROPERTY 1.02% PROPERTY 2.66% SOMERSET 0.93% CONSTRUCTION 2.12% PROPERTIES 0.84% ENGINEERING 2.10% TAUNTON 0.84% CARE 2.02% (TAUNTON) 0.74% TRADING 1.94% J 0.74% LONDON 1.93% HEALTHCARE 0.74% TRANSPORT 1.93% TRAINING 0.65% DESIGN 1.66% SOUTH 0.65% CONSULTANTS 1.64% WEST 0.65% ELECTRICAL 1.62% CONSTRUCTION 0.65% PROPERTIES 1.62% TRADING 0.65% BUSINESS 1.56% ELECTRICAL 0.65% J 1.54% CARE 0.56% CO., 1.50% ENERGY 0.56% GLOBAL 1.49% SOUTHWEST 0.56% INVESTMENTS 1.48% (SW) 0.56% ASSOCIATES 1.47% BUILDING 0.56% DEVELOPMENTS 1.35% DESIGN 0.46% MEDIA 1.33% ENGINEERING 0.46% IT 1.31% TRUST 0.46% BUILDING 1.29% TREE 0.46% M 1.22%
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 170 265,608 99999 - Dormant Company 77 48,509 70229 - Management consultancy activities other than financial management 46 42,290 62020 - Information technology consultancy activities 30 30,178 82990 - Other business support service activities not elsewhere classified 28 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 21 19,049 68320 - Management of real estate on a fee or contract basis 20 6,010 96090 - Other service activities not elsewhere classified 20 29,009 43220 - Plumbing, heat and air-conditioning installation 18 5,189 41202 - Construction of domestic buildings 18 7,559 41100 - Development of building projects 17 11,397 68209 - Other letting and operating of own or leased real estate 16 11,212 74990 - Non-trading company 15 13,984 85590 - Other education not elsewhere classified 14 6,206 86900 - Other human health activities 13 12,976 43999 - Other specialised construction activities not elsewhere classified 13 8,761 96020 - Hairdressing and other beauty treatment 13 6,742 45200 - Maintenance and repair of motor vehicles 12 5,425 47910 - Retail sale via mail order houses or via Internet 12 10,107 62090 - Other information technology service activities 12 12,837
Recent Companies
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Randomly selected companies from this quarter
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