Wells, Somerset

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company closures in Wells when compared to any previous second half year.
  • Q4 2010 saw a new record in company closures in Wells when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Wells when compared to any previous November.
  • October 2010 saw a new record in company closures in Wells when compared to any previous October.

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 (2010)

    A total of 91 companies were formed in Wells in 2010. This total is 15.0% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWellsUK
    201091400,358
    2009107362,675
    200897349,203
    2007111457,649
    2006112405,440
    Record Year2003 (117)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 47 companies were formed in Wells. This figure is 0.0% the same as last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Wells occurred in 2002 when a total of 65 were formed.

    Half Year (Jul-Dec)WellsUK
    201047196,609
    200947180,654
    % change0.0%8.8%
    Record Year2002 (65)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 28 companies were registered in Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 3.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WellsUK
    20102895,117
    20092785,983
    % change3.7%10.6%
    Record Year 2002 (41) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20101387
    New companies in 20091296
    % change8.3%-11.1%16.7%
    Record Year2002 (18)2002 (15)2003 (16)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 87 companies were dissolved in Wells in 2010. This total is 23.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWellsUK
    201087342,232
    2009113533,773
    200867237,901
    200752220,295
    200648200,166
    Record Year2009 (113)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Wells when compared to any previous second half year.

    In the second half of 2010 a total of 52 companies were dissolved in Wells. This figure is 30.0% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Wells occurred in 2010 when a total of 52 were closed.

    Half Year (Jul-Dec)WellsUK
    201052164,601
    200940244,537
    % change30.0%-32.7%
    Record Year2010 (52)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Wells when compared to any previous Q4.

    A total of 21 companies were dissolved in Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 40.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WellsUK
    20102176,896
    20091585,136
    % change40.0%-9.7%
    Record Year 2010 (21) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Wells when compared to any previous November.

    October 2010 saw a new record in company closures in Wells when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010795
    Closed companies in 2009465
    % change75.0%50.0%0%
    Record Year2006 (7)2010 (9)2007 (8)

Net Company Growth

  1. Annual Data (2010)

    A total of 4 companies were added to the company register for Wells in 2010. This number represents growth of 3.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 10 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Wells company register grew by 79 companies.

    YearWellsUK
    2010458,126
    2009-6-171,098
    200830111,302
    200759237,354
    200664205,274
    Record Year2003 (79)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Wells decreased by 5 companies.

    Half Year (Jul-Dec)WellsUK
    2010-532,008
    20097-63,883
    Record Year2002 (43)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Wells during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 7 companies.

    fourth quarter (Oct 2010 - Dec 2010)WellsUK
    2010718,221
    200912847
    Record Year 2002 (31) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20106-12
    Net growth in 2009831
    Record Year2002 (14)2002 (12)2003 (11)

UK Company Share

  1. Annual Data (2010)

    In 2010 Wells formed 0.0% of all UK companies. This is no change on 2009 when Wells was responsible for 0.0% of all UK companies.

    YearWells
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1991 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Wells formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Wells
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1979 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Wells formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Wells
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1975 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change-5.2%-20.5%11.2%
    Record Year1963 (0.1%)1980 (0.2%)1975 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 48.7.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 50.3.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 8.2% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 49.1.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 8.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Wells was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Wells in 2010 was 25.1%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Wells was 1860 when 42.9% of all directors were female.

    29.9% of all director appointments in Wells in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Wells was in 1977 when 31.1% of all directors were female.

    28.3% of all director appointments in Wells in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.12%CONSULTING5.06%
    BUSINESS1.59%MANAGEMENT5.01%
    CONSTRUCTION1.59%CONSULTANCY3.14%
    ON1.06%PROPERTY2.36%
    C.I.C.1.06%TRADING2.11%
    AGENCY1.06%ASSOCIATES1.95%
    BUILDING1.06%DESIGN1.92%
    MILL1.06%BUSINESS1.82%
    MARKETING1.06%CONSTRUCTION1.82%
    CUTHBERTS1.06%CONSULTANTS1.76%
    SOMERSET1.06%MEDIA1.71%
    IN1.06%ENGINEERING1.62%
    POND1.06%LONDON1.60%
    MANAGEMENT1.06%CARE1.45%
    ST1.06%INVESTMENTS1.44%
    EVENTS1.06%GLOBAL1.43%
    WELLS1.06%J1.42%
    MAINTENANCE1.06%IT1.41%
    J1.06%PROPERTIES1.34%
    NATURE1.06%INTERNATIONAL1.34%
    R1.06%BUILDING1.34%
    CONSULTANCY1.06%M1.30%
    DESIGN1.06%ELECTRICAL1.25%
    IEXD0.53%SYSTEMS1.24%
    TESTING0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied34199,572
    7487 - Other business activities1363,348
    82990 - Other business support service activities not elsewhere classified1227,550
    99999 - Dormant Company1016,285
    74909 - Other professional, scientific and technical activities not elsewhere classified77,088
    70229 - Management consultancy activities other than financial management614,505
    7414 - Business & management consultancy513,474
    62020 - Information technology consultancy activities59,177
    4521 - General construction & civil engineering46,598
    96090 - Other service activities not elsewhere classified38,799
    62090 - Other information technology service activities36,330
    41100 - Development of building projects33,765
    7420 - Architectural, technical consult21,848
    69102 - Solicitors2815
    86220 - Specialists medical practice activities2778
    9999 - Dormant Company220,144
    47591 - Retail sale of musical instruments and scores237
    74990 - Non-trading company28,243
    7222 - Other software consultancy and supply27,298
    70100 - Activities of head offices22,862

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07455766 HHBE LTD 30 Nov 2010
    07454022 CLEAN DEEPER SOLUTIONS LIMITED 29 Nov 2010
    07452328 BK BUSINESS DEVELOPMENT SERVICES LTD 26 Nov 2010
    07447070 GOLD CATERERS LIMITED 22 Nov 2010
    07441505 MILL TECH AFRICA LIMITED 16 Nov 2010
    07440916 RICHARD BALFE CONSULTING LTD 16 Nov 2010
    07435778 VISTA CLOUD VENTURES LIMITED 10 Nov 2010
    07431010 VISSIM UK LTD 05 Nov 2010

reports

Select a report from the list below: