Wells, Somerset
2011 Annual Business Confidence Report
Headlines
- November 2011 saw a new record in company registrations in Wells when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
A total of 116 companies were formed in Wells in 2011. This total is 27.5% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Wells UK 2011 116 452,870 2010 91 400,358 2009 107 362,675 2008 97 349,203 2007 111 457,649 Record Year 2003 (117) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 56 companies were formed in Wells. This figure is 19.1% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Wells occurred in 2002 when a total of 65 were formed.
Half Year (Jul-Dec) Wells UK 2011 56 224,135 2010 47 196,609 % change 19.1% 14.0% Record Year 2002 (65) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 34 companies were registered in Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 21.4% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Wells UK 2011 34 109,623 2010 28 95,117 % change 21.4% 15.3% Record Year 2002 (41) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company registrations in Wells when compared to any previous November.
New Companies by Month
October November December New companies in 2011 13 15 6 New companies in 2010 13 8 7 % change 0.0% 87.5% -14.3% Record Year 2002 (18) 2011 (15) 2003 (16)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 62 companies were dissolved in Wells in 2011. This total is 28.7% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Wells UK 2011 62 314,523 2010 87 342,232 2009 113 533,773 2008 67 237,901 2007 52 220,295 Record Year 2009 (113) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 28 companies were dissolved in Wells. This figure is 46.2% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Wells occurred in 2010 when a total of 52 were closed.
Half Year (Jul-Dec) Wells UK 2011 28 152,213 2010 52 164,601 % change -46.2% -7.5% Record Year 2010 (52) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 12 companies were dissolved in Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 42.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Wells UK 2011 12 79,983 2010 21 76,896 % change -42.9% 4.0% Record Year 2010 (21) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 3 4 5 Closed companies in 2010 7 9 5 % change -57.1% -55.6% 0% Record Year 2006 (7) 2010 (9) 2007 (8)
Net Company Growth
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Annual Data (2011)
A total of 54 companies were added to the company register for Wells in 2011. This number represents growth of 59.3% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 50 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.
Year Wells UK 2011 54 138,347 2010 4 58,126 2009 -6 -171,098 2008 30 111,302 2007 59 237,354 Record Year 2003 (79) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Wells increased by 28 companies.
Half Year (Jul-Dec) Wells UK 2011 28 71,922 2010 -5 32,008 Record Year 2002 (43) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Wells during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 22 companies.
fourth quarter (Oct 2011 - Dec 2011) Wells UK 2011 22 29,640 2010 7 18,221 Record Year 2002 (31) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 10 11 1 Net growth in 2010 6 -1 2 Record Year 2002 (14) 2002 (12) 2003 (11)
UK Company Share
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Annual Data (2011)
In 2011 Wells formed 0.0% of all UK companies. This is no change on 2010 when Wells was responsible for 0.0% of all UK companies.
Year Wells 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1991 (0.0%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Wells formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.
Half Year (Jul-Dec) Wells 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1979 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Wells formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Wells 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1975 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.0% 0.0% 0.0% UK formation share in 2010 0.0% 0.0% 0.0% % change -13.0% 59.7% -24.0% Record Year 1963 (0.1%) 1980 (0.2%) 1975 (0.2%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 47.2.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 48.5.
The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 47.9.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 34.4%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Wells was 1860 when 42.9% of all directors were female.
33.9% of all director appointments in Wells in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Wells was in 1977 when 31.1% of all directors were female.
37.9% of all director appointments in Wells in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.03% CONSULTING 5.07% J 1.22% MANAGEMENT 4.74% TECHNOLOGY 1.22% CONSULTANCY 3.26% ENGINEERING 1.22% PROPERTY 2.37% EVENTS 1.22% TRADING 2.07% MARKETING 1.22% DESIGN 1.92% BATH 0.81% ASSOCIATES 1.86% BLUE 0.81% ENGINEERING 1.78% SCHOOL 0.81% BUSINESS 1.78% PRODUCTIONS 0.81% CONSULTANTS 1.76% ALBINO 0.81% CONSTRUCTION 1.73% SWIFT 0.81% MEDIA 1.71% TRAINING 0.81% LONDON 1.63% SALES 0.81% J 1.51% GREEN 0.81% INVESTMENTS 1.48% WELLS 0.81% GLOBAL 1.46% WILLOW 0.81% IT 1.41% BUBBLE 0.81% CARE 1.39% SUNTEC 0.81% PROPERTIES 1.29% WHITE 0.81% ELECTRICAL 1.29% CIRCUS 0.81% M 1.27% ASHTON 0.41% BUILDING 1.26% QUANTOCK 0.41% ENERGY 1.25% (NEW 0.41% S 1.20% HAW) 0.41% ENTERPRISES 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 31 205,525 82990 - Other business support service activities not elsewhere classified 14 32,483 7487 - Other business activities 11 57,052 70229 - Management consultancy activities other than financial management 10 17,765 74909 - Other professional, scientific and technical activities not elsewhere classified 9 8,671 62020 - Information technology consultancy activities 7 12,072 9999 - Dormant Company 7 20,199 99999 - Dormant Company 6 21,846 7414 - Business & management consultancy 5 13,034 7222 - Other software consultancy and supply 4 7,398 4521 - General construction & civil engineering 3 5,558 56210 - Event catering activities 3 829 47910 - Retail sale via mail order houses or via Internet 3 2,740 41201 - Construction of commercial buildings 3 1,500 69201 - Accounting and auditing activities 2 3,633 69102 - Solicitors 2 1,183 58190 - Other publishing activities 2 996 70100 - Activities of head offices 2 2,662 62012 - Business and domestic software development 2 3,714 41100 - Development of building projects 2 4,331
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07831167 ENGINEERING TECHNOLOGY SOLUTIONS LIMITED 01 Nov 2011 07832708 NJR WILLOW LTD 02 Nov 2011 07832994 PR WILLOW LTD 02 Nov 2011 07839539 PORTWAY MARKETING AND EVENTS LIMITED 08 Nov 2011 07841330 ANDREW DUMBRECK MEDIA LIMITED 09 Nov 2011 07841835 WELLS BED SHOP LIMITED 10 Nov 2011 07843077 GRAPEVINE MAGAZINES LTD 10 Nov 2011 07844374 SHOW PROJECTS LIMITED 11 Nov 2011 07844392 GALAXY CIRCUS LIMITED 11 Nov 2011 07851401 MILL STREET OFFICES LTD 17 Nov 2011 07852499 S.W.I.M.SUPPORT LTD 18 Nov 2011 07858299 ALBINO BUILDERS LIMITED 23 Nov 2011 07858387 3 SOLUTIONS (2011) LIMITED 23 Nov 2011 07858585 KINCARE HOUSING ASSOCIATES LTD 23 Nov 2011 07863039 GRAHAM MERRETT LIMITED 28 Nov 2011